Elections and a democratic e cii sovereign nation was born. Its president was sigmund reed. In may 1950 the citizens of thii young republic went to the polls again to exercise their democratic democratic constitution. Kore even as the citizens of the free korean republicic voted in free elections, the north korean communist leaders were boasting of their intention to unify ther country by force. Ountai and this was their target, a partly mountainous peninsula an the 20 million peace loving citizens of the republic of korea. The attack by the north korean communists came suddenly and without warning. The heroic Republican Army faced by superior forces with all the advantages of deception and eeth surprise, rallied to the defense of the republic. Imp virovising quickly, korean republican troops were thrown against the invaders south of the 38th parallel. Against a prepared enemy armed with modern tanks, planes, and h guns, the republican troops were ill equipped to meet the onslaught. Nc
Two years ago at seoul a United Nations supervised free elections south of the 38th parallel and the republic of korea, a sovereign democratic nation, was born. Its president was sing mull ri. In may 1950, the citizens of this young republic went to the polls to choose their government under their democratic constitution. Even as the citizens of the korean republic voted in free elections, the north korean communist leaders were boasting of their intention to unify the country by force. And this was their target. A partly mountainous peninsula and the 20 million peaceloving citizens of the republic of korea. The attack by the north korean communists came suddenly and without warning. The heroic Republic Army faced by superior forces with the advantages of deception and surprise rallied it the defense of the republic improvising quickly to meet the unprovoked aggression, korean republic troops were against the invaders. Against a prepared enemy armed with modern tanks, planes and guns t
The kospi back online after being shut yesterday. We know that president moon securing a big win, capitalizing on success and containing the pandemic. 100 taste 103 seats in parliament, ending a bull market yesterday. Ahead of the earnings later today, the first earnings since the pandemic started. So a gauge of how the Tech Industry is doing. Lets flip the page and take a look at currencies right now. The dollar index up, surging the most in weeks. Weaker today. A question of why that haven like the yen is currently down. On risk aversion and the plunge and ore prices adding to the conscience. Today, almostbers 6000 jobs created. Expectations were for a drop of 30,000. Parttime jobs pretty much responsible for the jobs added. One. Ooking at the rishaad data from the u. S. , retail sales and production numbers not for the faint hearted, cratering in march. Saying businesses are increasingly concerned about even weaker conditions ahead. Kathleen hays has been looking at wall all these f
In the past u. S. Experts and officials have always had really private sometimes stern messages for both sides to take auction to move forward and we will see how are panelists come down on that issue today. And we really have a group of stiller panelists and i will introduce them later but first we have for what many of you will be a surprise guest, we only heard formal confirmation late yesterday that mike will begin the opening remarks, mr. Napper, his appearance may not be on the website yet and people may not have been aware of it, but mr. Knapper, member of senior Foreign Department of state and hes serving as the Deputy Assistant secretary for korea and japan and i first met mark when he was the head of the political military unit in the embassy in tokyo, well, probably more years than either one of us would want to admit and since then hes had any number of jobs, any number of business cards i think i have in my collection, its not to say he cant keep a job, expertise on so man
To asia fx today. 68823 as we speak. Lets show what we are watching when it comes across assets. The u. S. Tenure after powells talk in paris. It did not change much. The rate cut in july is a done deal. We are seeing this gradual trend where yields are rising back a slightly here once again. U. S. Futures not doing a lot. The singapore dollar, that will be an interesting one to watch given that terrible picture we saw out of trade and exports from singapore. We mentioned how bad it was. Mostly driven by those electronic exports which saw more than 30 drop for the month. We are watching the pound as well. 124 here. It was pretty quiet yesterday. We saw the biggest fall and lowest in 27 months now. It seems like the market is now contending with this new government. How are they going to deal with these brexit situations now with the eu . It looks like further pain to the pound. David 12351 is your next low to watch. Argument to make an for the dollar to fall if these things keep happen