Primetime years its to stage an eerie seven here in korea one from fulltime to hear from him thanks so much for joining us. We begin with the latest on president bach and his new years proposal for family re union spill response yet from countdown but experts say her offer is likely to serve as strong laments in commending soured enter korean ties and uses hand then reports falling in the footsteps of north Korean LeaderKim Simmonds Brinkley new years message president tottenham also make the silly entry just to run monday suggesting a resumption of inter korean family reunions for them separated since the korean war. Kelly and unilaterally and abruptly canceled three unions planned for september just days before the break to take plates. So could present its proposal serve as a touchstone for friendly year into a korean relations this year. Experts say yes the proposal serve as momentum to improve strained it into korean giant prison upon to urge the north korea to abandon its Nuclear Program but overall it was peanut has left the door open for dialogue. North korea doesnt want that and now i am there. As this was a recent internal instability it sells Education Ministry ever made clear on tuesday that the issue of family reunions will not be linked to the hall to enter korean tourism project. The amount had. The announcement is being interpreted by many as a way to block north korea from taking advantage of family reunions to really start to resume operations so it maintains the stance that tours to the mount compound resort will not resume unless tongue and claims responsibility for shooting a south korean tourists dead in two thousand eight. But some experts say the issue of the malcontents and project will get in the way and restarting inter korean dialogue. Even if north korea attempts to mix the two issues in the two sides will be able to find middle ground as it now because i am pretty face of seeking out dial up analysts also add souls latest offer will serve as a parameter and north korea sincerity in mending ties with the south and then in heaps. And knowing that the president talked in his Economic Vision in her ease investment regulations and the Service Sector to boost domestic demand is showing signs of progress but as our one solo reports challenges remain in the voices of dissent are growing louder. Im built for posting these regulations for Industrial Complex investments was passed at a Cabinet Meeting on tuesday monday after present captain had placed an emphasis on boosting domestic demand but you break a leading the Service Sector. What a daft idea to get a ticket on his tummy and take on his top hope you had to do that and move to the incident. As another follow up measures to present tax plan and then the center party said on tuesday that it will focus on passing laws related to streamlining regulations and upon entry extra session scheduled for february the city about twenty boats were pushed back in two thousand thirteen. According to the parties intend merely passing the pending bills can bump up the nations Economic Growth rates by zero point four percent. One of the bills this unity party proposed last year was related to the zoning law that says no hotels can be built within two hundred meters of elementary middle or high school. The ministry of strategy and finance expects that lifting the restriction could result in sixty new hotels in the country and about forty seven thousand new jobs however the main Opposition Democratic Party stood in opposition to the bill claiming it would damage the environment for addicts he said. Another pending law would allow casinos to be built and operates in korean cruise lines a move designed to attract more Foreign Tourists to the country the Democratic Party however said the change could lead to growth in gambling addiction the party also expressed concerns that president fox game of the scene investment regulations is and move towards privatization especially in the Health Sector is something that could lead to a rise in medical costs and drop in quality and polarization on the economic assets. Pres and talk meanwhile will be leading the ministerial meeting for the regulation reforms herself. Its a lot itn news. New data from koreas central bank shows that nationwide Household Debt grew at a faster clip in two thousand thirteen as kareem hassles plunged further and further into debt concerns are rising that a growing financial burden may hurt domestic demand. Polly has to be kept then think of korea released data on tuesday showing that the countrys households it reached an all time high last year. Outstanding household lending by local banks and Non Bank Financial institutions total a record six hundred thirty nine point five billion us dollars as of the end of november the increase of four point seven billion dollars from october marks the largest monthly gain in five months since in nearly six point two billion dollar on monday advance in june. The Central Bank Says the growth in Mortgage Loans extended due in part to an increase in housing transactions during the cited period. The latest tally shows that korean households are feeling the burden of massive debt to the nations household credit which includes bain close in purchases on credit. Get a fresh high of over nine hundred thirty one billion dollars as of the end of september. At this current piece that figure is expected to surpass about nine hundred forty billion dollars on a november. And compared to two thousand for the nations Household Debt level has more than double. Other statistics have shown that korean households have also lost their spending power Household Debt against disposable income rose to one hundred thirty six percent last year the highest ratio in a decade. The new data comes ahead of the ok policymakers are scared to behold the rate setting session for january on thursday. Analysts widely expect the central bank to freeze the key Interest Rate at two and a half per cent for the eighth consecutive month. Quality audio on you graham will begin to feel the fruits of the slow economic recovery this year if everything goes according to recent plans announced by the government. After that and a look at the economic ups and downs are headed to the fourteen year in and join in the studio by and see half the team to look through some of the economic goal set by the government for twenty twenty. So Allah Kareem Khan he expects to commence the economy to grow three point nine percent in two thousand fourteen up from two point eight percent estimate from last year. It unveiled its can read here or economic innovation plan that outlines its longer Term Economic goals. Under the plan first mentioned by president aka me yesterday during her new years press conference the countrys Growth Potential is expected to grow to around four per cent at the annual per capita income is forecast to exceed thirty thousand us dollars with sights on reaching forty thousand the government also east you achieve a seventy per cent employment rate today finance minister thomas of reiterated the plan and sent a clear timeline to carry it out. He won the league opinions and their institutions like the original meanings. Shes so that we can come out with the broken ends with a three year an economic innovation and at the end of every us well chris shown time and time again that it can overcome impossible lives but said there are skeptics saying that this is too much to handle in just three years race the first of all experts say the goals that make up the plan are not easy the gillespie economy has to expand about four percent every year to achieve the adult per capita income over thirty thousand dollars by two thousand seventeen adding to that skepticism koreas annual per capita income has remained in that twenty thousand dollar range for seven straight years after a first exceeded that number in two thousand and seven. But that being said experts say that three year plan is not an impossible goal but they point to the importance of boosting domestic demand and to boost domestic demand experts as well as policymakers mentioned earlier in our news cast emphasize the importance of ec corporate regulations and fostering the nations Service Sector including the health and tourism industries. You will notice and point to create a virtuous circle among consumption investment and employment. The link has been very weak. Recently we all and this guy is so bizarre to boost domestic demand and strengthening the competitive in the eyes of the nations Service Sector is critical these were for regulations of the cummings can act if we confess in the Service Sector is also important. And with it. Yes there were some critical bearable second effect for economy this year its out on a common sight and number of major risks stemming from the Global Economy including the Us Federal Reserves decision last month to take breaks eighty five billion us dollar per month on buying stimulus measures. The slowly changing economy and have an onyx in japan which is pushing the japanese yen lower at in onyx in particular is a major concern among korean exporters as it erodes their price competitiveness especially in the automobile and Electronics Sectors and currently six out of ten meter expert on ice in the nations overlap the current round of the week and japanese yen will hurt koreas exports think that eventually to a reduction in korea so broke growth rate by zero point one Percentage Points over year so in terms of uncertainties at home experts point to the snow falling ho problem tha negative impact on consumption and the sluggish Real Estate Market that could happen that could cut the nations growth rate the state. A lever that the recovery were seeing an advanced nations is still a good sign for the korean economy already been a mixed set of indicators thank you so much for that report your walk. Before your dna and another began. Get the latest line from seoul. Any expert analysis from ages fourteen with the viewpoint only koreans local network and why on arrival that. He always on standby. South. So disappointing years first as an electronics asias Biggest Technology company has turned in a worse than expected Earnings Report for the Fourth Quarter of last year with rival apple poised expand its reach into the Chinese Market later this month it appears this downtime son is facing a tough year ahead. Heres a uti with more. The Worlds Largest smartphone maker surprised analysts with its lower than expected earnings announcement. Some nights running said tuesday that its operating profits reached eight point three trillion won a roughly seven point eight billion us dollars in october to december period this falls far short of the most garish ballack of eight point two billion us dollars. It also represents the companys lowest quarterly profit in more than a year. But on the path every fell sharply in the smartphone sector as competition through the years seem to find out the companys higher marketing costs. It also had to set aside funds to pay the fines in connection to lawsuits with apple. Aso also pointed the bonus payments to employees as another reason they were given out to mark the twentieth anniversary since hundred and ten in econ he set out an ambitious road map to turn this company into a Global Technology leader looking ahead analysts say some products will do better at this quarter at the mosque on the back of Strong Semiconductor seals. But it seems that the era of explosives off its ilk by the tech science cutting its smartphones is over. All the Company Still faces hefty my canning times and now faces pressure to offer smart phones that are unjust and better and cheaper as well it appears inevitable that profits will be klein president of the selling prices continue to slide even in a nice cup of tea tin from blue cross smart though analysts forecast single tree can grow worse like that scene for the Company Similar to revisit this year. On top of that pulls your smarting strategies and asking others to read this year. Starting late next week the appellant or time as eighteen billion dollar market tight grip on the market there. Apple is also expected to start selling smartphone with larger screens near the end of the year putting it in direct competition with insolvency galaxy milk sea weeks. Ut and i didnt use they hand out to las vegas to the kickoff of one of the Worlds LargestTechnology Trade shows koreas electronics heavyweight samsung and lg are expected to lock horns over their latest Cutting Edge Products at the Consumer Electronics show. But as our genome gill reports the competition may be good when it comes to dazzling the visitors the Consumer Electronics show two thousand and fourteen. Its time to get fierce rivals from some in lg and beat each other both create a giants are in las vegas with hundreds of other firms to build their teeth hes smart phones mobile devices and pretty much anything else the consumer might want to buy. Toms a utah makes the walls number one maker of flat screen t these posts extend its market lead with its one point two five inch ultra High Definition tv with aircraft display depth features state of the art for a solution. The u http lineups teachers so called fingered gesture functions which allow users to activate the device by moving their hands over that the vikes. Lg electronics will unveil the walls largest cent to seven inch earth organic light emitting diode or own a tv. Lg says more than seventy percent of its smart tv lineup will eventually be equipped with a Brand Awareness the weather always operating system simply finds ways to control and find content on its martinis wearable devices are also one of the trends to watch in las vegas on sunday showing off his latest galaxy youre smart walks hits which can be linked to Home Appliances allowing users to remotely control their tb spotlights with their smart walk to us lg is also pushing its rubble device the life and touch which offers fitness data to users as well as alerting users to phone calls and texts. Councilman lg will also unveil a squeal of connected Home Products to which users will be able to connect to their Home Appliances. Youre smart phones instead of the recep was smart to bikes the Consumer Electronics show two thousand and fourteen runs to tie during tet. Tender add the onions over washington korea and the United States agreed to step up efforts to bolster joint combat readiness to deal with possible north korean threats in the first full day of his visit to washington on monday south Korean Foreign minister yoon young said. And the us secretary of defense chalk a bill underscores their role of the combined defense posture on the Korean Peninsula as a strong deterrent against north korean provocations the two sides said their alliance serves as the linchpin for peace and stability in Asia Pacific Region and down to strengthen their combined defense posture by acquiring Critical Military capabilities minister year and is scheduled to sit down for talks with us secretary of state john kerry in washington on tuesday local time. I prefer instead a gallon is to become the first female chairman of the Us Federal Reserve and its one hundred year history connelly has more on that next in line to head the fed and are plans to boost the us economy. Fifty six to twenty six the senate has approved the democratic nominee. Helen has the texture and then at the Federal Reserve the senates none on monday makes it the first female head of the Us Central Bank and one of the most powerful women in us history. She is said to be a major economy gallon will officially take the reins on that very first replace the current fed chairman and remain key to the sec and forty her term expires at the end of this month. Sixty seven year olds now and currently serves as the feds sites chair. As a supporter of the easy money policy the fed has been pursuing under permit. Shes expected to continue the fight to bring unemployment down. Even if that means strategies that drive inflation high gear linda and nineteen republicans who voted against her which goes against the effect of classic eighty five billion dollar a month on buying program even though the fed decided to ski for the monthly purcha