Word: korea
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...teams aren't the only ones who can't make ends meet. The promoters behind F1's 19 races have seen their fees for hosting an event double to almost $30 million in the past five years - $45 million for newer races in Abu Dhabi, Singapore and Korea. As a result, they've jacked up prices for the best seats over a race weekend to an average of $722, a rise of 50% from three years ago. Average three-day attendance fell from 187,724 in 2008 to 161, 613 in 2009. "In Bahrain, all you could...
...Korea, Kim Hye-ja is known as the iconic symbol of a mother. But, due to my perverted taste, I’ve always had this on-going suspicion that she was, in fact, a psycho, and I wondered if she ever had the chance to express her ‘psychotic-ness...
...South Korea, Bong Joon-ho is known as one of the biggest blockbuster makers. His second film, 2003’s “Memories of Murder,” instantly became the fourth most watched movie in the country for that year. Considering the film dealt with a high degree of violence—a perverted serial killer who victimized numerous young women—its commercial success was monumental. “Memories” was also critically acclaimed, screening at several international film festivals, such as the Cannes Film Festival, London International Film Festival, and San Sebastian...
...underwhelms on other big issues. "When it comes to pressing international problems like Afghanistan, Pakistan or North Korea, the E.U. is either largely invisible or absent," wrote Grant in his essay, provocatively titled "Is Europe Doomed to Fail as a Power?" Lucio Caracciolo, editor of Limes, one of Italy's leading foreign policy magazines, says the problem is a Cold War hangover. The post-World War II period was a golden age for Western Europe, a time of reconstruction under the U.S. security umbrella, he argues. When it ended, Europe went into shock. "We're in denial," Caracciolo says...
...American faith in the transformative power of China's economic rise might be misplaced. Capitalism with Chinese characteristics places far more power and wealth in the hands of the state sector than what has ever occurred in countries such as Japan and South Korea. Beijing is nurturing state-owned champions to dominate domestic markets and crowd out the private sector in order for the Chinese Communist Party (CCP) to keep its economic relevance, privileged status in Chinese society and hands on the country's wealth. This means the CCP does not believe sweeping economic, much less political, liberalization is required...