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Korea is an East Asian country that is currently divided into two separate sovereign states, North Korea and South Korea. Located on the Korean Peninsula, Korea is bordered by China to the northwest and Russia to the northeast. It is separated from Japan to the east by the Korea Strait and the Sea of Japan (East Sea), and it is separated from Taiwan to the south by the East China Sea. The adoption of the Chinese writing system ("Hanja" in Korean) in the 2nd century BC, and Buddhism in the 4th century AD, had profound effects on the Three Kingdoms of Korea which was first united during the Silla Dynasty (57 BC - 935) under the king Munmu of Silla. The united Silla dynasty fell to Goryeo Dynasty in 935 at the end of Later Three Kingdoms of Korea era. Goryeo was a highly cultural state and created the Jikji in the 14th century, using the world's first movable metal type printing press. The Mongol invasions in the 13th century, however, greatly weakened the nation which was forced to become a tributary state. After the Mongol Empire's collapse, severe political strife followed and Goryeo was replaced by the Joseon Dynasty in 1388. The first 200 years of Joseon were marked by relative peace and saw the creation of the Korean alphabet Hangul by King Sejong the Great in the 14th century and the rise in influence of Confucianism in the country. During the latter part of the dynasty, however, Korea's isolationist policy earned it the Western nickname the "Hermit kingdom". By the late 19th century, the country became the object of the colonial designs of Japan. In 1910, Korea was invaded by Japan and remained occupied until the end of World War II in August 1945. In 1945, the Soviet Union and the United States agreed on the surrender of Japanese forces in Korea and Soviet troops occupied north of the 38th parallel, while U.S. troops took surrender south of it. This decision by allied armies soon became the basis for the division of Korea by the two superpowers, exacerbated by their inability to agree on the terms of Korean independence. The two Cold War rivals then established governments sympathetic to their own ideologies, leading to Korea's current division into two political entities: North Korea and South Korea. The ensuing conflict between the two was largely a proxy war. North Korea, officially the Democratic People's Republic of Korea, is a single-party state with a centrally planned industrial economy. South Korea, officially the Republic of Korea, is a free market, democratic, and developed country with membership in the Organization for Economic Co-operation and Development (OECD) and the Group of Twenty.
Tue, 25 Aug 2015 18:52:30 -0700
SEJONG, Aug. 26 (Yonhap) -- Cargo processed at South Korean seaports edged up from a year earlier in July on an increase in domestic cargo that more than offset a cut in import-export cargo, the government said Wednesday. The country's seaports ...
Mon, 24 Aug 2015 01:48:45 -0700
THE Armed Forces of the Philippines (AFP) is ready to airlift Filipinos in South Korea if the tension between North and South Korea escalates, a military official said on Monday. “We are always in close coordination with the Department of Foreign ...
The Manila Times
Mon, 03 Aug 2015 14:00:00 -0700
In the first case of its kind, a Singapore-registered shipping firm is being prosecuted for facilitating payment for costs linked to the shipment of arms and related material to North Korea from Cuba. Chinpo Shipping Company is alleged to have ...
The Straits Times
Wed, 26 Aug 2015 02:00:00 -0700
SOUTH KOREA – US – Korean Air is one of the world's top 20 airlines with a fleet of 161 aircraft, the cargo element of which is entirely made up of Boeing aeroplanes. A mixed bag of 28 Boeing 747-400, 747-8 and 777 Freighters has obviously influenced ...
The Handy Shipping Guide
Thu, 27 Aug 2015 17:45:23 -0700
A record 8.3 billion tons of cargo and nearly one million containers were moved through the port last year. The large-scale intricacies and minute complexities of JaxPort, which created $26.9 billion in total economic output — not to mention nearly 24 ...
Wed, 26 Aug 2015 15:44:44 -0700
The Republic of Korea Army also participated in the exercise called Combined Joint Logistics Over-The-Shore, which allows the services to transfer cargo from the sea to shore. Essentially, a temporary pier is fixed to a barge off the coast connecting ...
Fri, 07 Aug 2015 05:33:45 -0700
It has focused on the Mu Du Bong, a cargo ship that accidentally ran aground off Mexico last July. Despite North Korea's protests, a panel of experts that monitors UN sanctions against Pyongyang for its nuclear and missile programs asked the Mexican ...
Thu, 27 Aug 2015 03:35:46 -0700
Cargo moved by rail has declined, electricity consumption is anaemic and producer prices are mired in deflation. Add it all up, the sceptics say, and China's annual growth looks to be just 2-3%. This downbeat assessment oversimplifies the economy.