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NATO defense ministers meet in Brussels for security talks | REUTERS

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NATO defense ministers meet in Brussels for key security talks, with statements from NATO Secretary General Mark Rutte and US Secretary of Defense Pete Hegseth. #NATO #defense #security #MarkRutte #PeteHegseth #Brussels #Belgium #live #Reuters #news Keep up with the latest news from around the world: https://www.reuters.com/

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S. Korea ordered to pay Mason Capital US$ 32 mil. in investor-state suit

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415 views 2 years ago

,정부, 메이슨에 438억 배상해야 엘리엇 이어 두번째 중재판정 An international tribunal has ordered the South Korean government to pay 32 million U.S. dollars in compensation to Mason Capital, a U.S.-based hedge fund. The move comes amid an investor-state suit the company filed over a controversial 2015 merger of two Samsung affiliates. Lee Seung-jae has more. Six years after the U.S.-based hedge fund Mason Capital filed an investor-state suit against the South Korean government, over a controversial 2015 merger of two Samsung affiliates, the Permanent Court of Arbitration in the Netherlands on Thursday ordered South Korea to pay 32 million U.S. dollars in compensation. However, the ruling, is just a fraction of the 200 million dollars the New York-based fund has demanded. In fact, despite including interest on delayed payments, it represents just 16 percent of what Mason Capital requested. In a 2015 merger of Samsung C&T and Cheil Industries, a ratio of zero-point-three-five Cheil shares was offered for every one Samsung C&T share. The hedge fund held a two-point-one-eight percent share in Samsung C&T at the time, and strongly objected to the merger, arguing that it undervalued Samsung C&T shares. In 2018, Mason filed a lawsuit, saying that the South Korean government had unfairly intervened in favor of the merger. The controversial merger has since been at the center of a huge corruption scandal that led to the imprisonment of Samsung heir Lee Jae-yong, and the eventual ousting and conviction of former President Park Geun-hye. Mason cited the results of the special investigation into corruption in state affairs, saying that it was clear evidence that the Korean government violated procedures to promote the interests of Chairman Lee's family,.. calling it the largest "political corruption scandal" in Korean history. It added that the Park administration exerted excessive influence on the state-run National Pension Service, a major shareholder in Samsung C&T to cast its vote in favor of the merger. However,.. the South Korean government argued that while it's true that the former president accepted a bribe, and was impeached and imprisoned for it, the bribe was received after the merger, adding that the National Pension Service is an independent corporation that's not part of the Korean government. The latest ruling, marks the second time the South Korean government has been ordered to pay compensation over the controversial 2015 merger, as the PCA ordered the government to pay 53-point-5-9 million dollars plus interest to U.S.-based hedge fund Elliott Investment Management in June 2023. Lee Seung-jae, Arirang News. #Mason_Capital #investor_state_suit #Korean_government #international_tribunal #Permanent_Court_of_Arbitration #compensation #메이슨캐피탈 #중재판정 #Arirang_News #아리랑뉴스 ? Facebook : https://www.facebook.com/arirangtvnews ? Twitter : https://twitter.com/arirangtvnews ? Homepage : https://arirang.com/ 2024-04-12, 09:00 (KST)

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,2045년부터 세종 포함 모든 시도 출생아, 사망자로 자연감소 전망 There's another grim population forecast, this time, indicating all regions in the country will start to see the number of deaths exceed that of births in about two decades. Park Kun-woo has more. The population in all of the 17 administrative divisions in South Korea is expected to see a natural decline with the number of deaths exceeding that of births from the year 2045. Already, 16 of the 17 divisions are seeing a natural decline. That's according to the "Population Estimates: 2022 to 2052" data released by Statistics Korea on Tuesday. Currently, Sejong city was the only one out of the 17 administrative divisions that saw a natural increase in its population in 2022. But according to estimates, even Sejong will see a natural decrease in its population in around 20 years' time. It is estimated that the number of newborns there will stay at around three to four-thousand a year until 2052 but death figures will soar up to 5-thousand a year. And all the other 16 administrative divisions will see natural decreases in their population as well. Also in 2052, all of the country's administrative divisions apart from Sejong City and Gyeonggi-do Province will see their total population fall compared to 2022, with Sejong and Gyeonggi-do seeing an inflow from other regions. The working population aged 15 to 64 will also decrease by 2052 in all administrative divisions except for Sejong due to the continuous low birth rate. Ulsan city, in the southeast of the country, is expected to see its workforce shrink from 810-thousand in 2022 to 410-thousand in 2052, which is almost a 50 percent decrease. And every part of the country will be seeing increases in the proportion of people aged 65 and over. In 2052, that age group will account for nearly half of the total population in Jeollanam-do Province and Gyeongsangbuk-do Province. The age group is expected to account for over 45 percent of the total population in Gyeongsangnam-do and Gangwon-do provinces. Park Kun-woo, Arirang News. #SouthKorea #Birth #Death #Population #Population_decline #출생아 #사망자 #인구 #인구_감소 #자연_감소 #Arirang_News #아리랑뉴스 ? Facebook : https://www.facebook.com/arirangtvnews ? Twitter : https://twitter.com/arirangtvnews ? Homepage : https://v2.arirang.com/ 2024-05-28, 18:00 (KST)

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,물에 빛 비추니 수소가 보글보글...고효율 촉매 개발 Amid global efforts to procure clean and renewable sources of energy,... Korean researchers have developed a catalyst system that can increase the efficiency and reduce the costs of hydrogen production. Our Park Se-young has more. Shining light at the beaker of water creates hydrogen bubbles. The film-like solid catalyst developed by Korean researchers uses regular light to convert water into hydrogen. The catalyst turns black during the reaction and then returns to its original white color, ...which means it can be reused multiple times. "We observed that hydrogen was created for a period of 48 hours in light. Hydrogen output stayed the same, so we believe the technology can be used for a long time without the catalyst losing performance." Under good lighting, a gram of the material used in the catalyst can create 30 milligrams of hydrogen per hour. The new catalyst is 50 percent more efficient than existing systems. And because it's made of copper instead of expensive platinum, it is much more cost-effective. Also, retrieving hydrogen from water using light does not produce any harmful byproducts. "At present, most hydrogen is made through a methane reformation technique. This is energy-intensive and generates a lot of byproducts like greenhouse gases. The new technology only produces hydrogen." The global market size for hydrogen was estimated to have surpassed 115 billion U.S. dollars in 2017. With further research, the scientists expect the new technology to contribute to the industrial level production of the new energy source. Park Se-young, Arirang News. Arirang News Facebook: http://www.facebook.com/arirangtvnews ------------------------------------------------------------ [Subscribe Arirang Official YouTube] ARIRANG TV: http://www.youtube.com/arirang ARIRANG RADIO: http://www.youtube.com/Music180Arirang ARIRANG NEWS: http://www.youtube.com/arirangnews ARIRANG K-POP: http://www.youtube.com/arirangworld ARIRANG ISSUE: http://www.youtube.com/arirangtoday ARIRANG CULTURE: http://www.youtube.com/arirangkorean ARIRANG FOOD & TRAVEL : http://www.youtube.com/ArirangFoodTravel ------------------------------------------------------------ [Visit Arirang TV Official Pages] Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld Homepage: http://www.arirang.com ------------------------------------------------------------ [Arirang K-Pop] YouTube: http://www.youtube.com/arirangworld Facebook: http://www.facebook.com/arirangkpop Google+: http://plus.google.com/+arirangworld

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,한미 외교장관, 한달새 3번 만나 北도발 속 정세대응 논의 The visiting U.S. State Secretary, Antony Blinken was quick to condemn North Korea's latest round of missile launch and reaffirm America's commitment as he met South Korean President Yoon Suk Yeol and foreign ministerCho Tae-yul today in Seoul. Our correspondent Kim Jung-sil has more. A scheduled luncheon meeting between the top diplomats of Seoul and Washington came amid yet another provocative act by Pyongyang on Monday morning. Foreign Minister Cho and his U.S. counterpart Secretary Blinken condemned North Korea's launches of what appeared to be multiple short-range ballistic missiles ahead of the 3rd Summit for Democracy taking place in Seoul. Seoul's foreign ministry released a statement saying that the top diplomats agreed that Pyongyang's continued threats would only enhance cooperation between South Korea, the U.S. and Japan as well as the international community against the North. It added Secretary Blinken reaffirmed America's unwavering defense commitment to the security of South Korea. Minister Cho said even though the North has defined inter-Korean relations as those between hostile enemy states, and announced that it will no longer seek reunification with the South; Seoul will continue to aim for reunification that extends freedom and basic human rights to all. This is the third time that the top diplomats of the allies have met in just a month. Before his talks with the foreign minister, the secretary of state had a brief meeting with President Yoon Suk Yeol. There, Mr. Blinken said the U.S. will always stand with South Korea for a firm response to North Korean provocations and for peace and stability on the Korean Peninsula by continuing to strengthen extended deterrence through close cooperation. Kim Jungsil, Arirang News. #SouthKorea #UnitedStates #Foreign_minister #ChoTaeyul #AntonyBlinken #NorthKorea #Provocation #대한민국 #미국 #외교부장관 #조태열 #안토니블링컨 #북한 #도발 #Arirang_News #아리랑뉴스 ? Facebook : https://www.facebook.com/arirangtvnews ? Twitter : https://twitter.com/arirangtvnews ? Homepage : https://v2.arirang.com/ 2024-03-18, 18:00 (KST)

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