World

Puerto Rico files for bankruptcy protection

Puerto Rico files for bankruptcy protection

The plight may serve as a lesson and cautionary tale for bondholders, and complicates the USVI's situation, as Puerto Rico and the U.S. Virgin Islands are close in proximity, and have numerous same problems. Nader Tavakoli is the former chief executive of Ambac Financial Group, a large insurer of Puerto Rico debt. Title III incorporates features of chapter 9, the section of the US bankruptcy code covering insolvent municipal entities.



North Korea to seek extraditions over alleged Kim Jong-un assassination plot

China sees the deployment of the Terminal High Altitude Area Defense (THAAD) system as a threat to its own military capability and has slapped a series of measures against South Korean businesses now seen as economic retaliation. Moon explained the difficulties faced by South Korean companies that are doing business in China and asked for Xi's "special attention" to ease those concerns, Yoon said.


Xi talks with South Korean president over phone

Xi talks with South Korean president over phone

Japanese Prime Minister Shinzo Abe and South Korean President Moon Jae-in spoke on the telephone on Thursday, according to a Japanese official, in their first talks since the latter was sworn in the previous day. During the call, Moon told Xi that South Korean people and companies in China "are going through many difficulties", and said he hoped Xi could "pay special attention so the restrictions and sanctions could be smoothly resolved", Yoon said.


Chibok girls released in Boko Haram swap

Chibok girls released in Boko Haram swap

One father said he was thrilled to find out his daughter was among those released in exchange for five Boko Haram commanders. "The president made a promise that he will educate them", he said, adding that parents of the girls were anxious about having to pay for their schooling if it was not covered by the state.



Central Intelligence Agency creates Korea Mission Center focused on North

He even helped arrange a summit between his mentor, former President Roh Moo-hyun, and then-North Korean leader Kim Jong Il in 2007. "We do not believe they would have success with either the booster" or re-entry vehicle that would carry a nuclear warhead "early in testing", the DIA said.


South Korea to Send Team to China to Talk on US Shield

South Korea to Send Team to China to Talk on US Shield

The electoral environment did not result in a surge of support for Moon as evident in comparing his performance in 2012, where Moon captured 48% of the vote in his loss to Park. Moon also called for "dialogue along with sanctions and pressure" on the North to push Pyongyang to talks, Yoon said. Moon said he fully understands China's concerns over the deployment of a U.S.