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PRIME MINISTER RESIGNS
In a surprising but expected move, Lee Hyun-jong, the Prime Minister, has resigned from the office of Prime Minister earlier this morning, said that he resigns 'from a sense of great responsibility' over the failures on key economic policies of the government. Mr. Lee Hyun-jong have been served as the Prime Minister since last january and have been considered as a key executor of President's key economic policies.
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Mr. Lee Hyun-jong after resignation announcement
The Office of President neither confirmed nor commented about the resignation of Prime Minister, however it is said that President will likely to accept the resignation and begin the selection of new candidates to the office of Prime Minister. Senior official of the Presidential Office said "President will be in hurry to process that procedure in order to prevent loosing a thrust in policy making."
While the Presidential Office has shocked as a key executor on economic policy went out, the opposition parties 'hailed' the resignation of Prime Minister. Hong Jeong-kyu, the spokeperson for Progressive Party said that 'prime minister's resignation reflects the failure of government's economic policy and the government must reconsider the economic policy as they're proved as wrong after the prime minister's resignation'
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PRESIDENT TO RESHUFFLE THE CABINET
President Jeong Seong-min on Friday said to media reporters that he plans to reshuffle the cabinet within coming weeks in response to recent resignation of former Prime Minister Lee Hyun-jong and to push forward his policy agendas for later years of his presidency. The President however declined the rumor that President and former Prime Minister was in friction in every way of policy-making. The cabinet appointments will likely to be happened on next week, said the spokeperson for the Presidential Office.
Ruling Liberal Republican Party officially 'welcomed' a decision by the President as they commented this decision was 'brave and clever.' However, leadership of the party looks quite worrisome and serious about whether this decision looks like a lameduck or a sign of incompetence , especially given that current cabinet is only a year old and it has bad reputation to the people.
Opposition parties unanimously criticized the President's decision on cabinet reshuffle. Song Hyeong-guk, the Leader of Progressive Party said 'the president once again showed his incompetence by reshuffle the cabinet once again.' He added that the President already seems like in a lameduck though there's three more years in his term. Creation of Future Party also took a part in parade of criticisms by making the statement that president's decision was in rather populist style, not in serious way of policy making.
The Latest News Update
PRESIDENT TO RESHUFFLE THE CABINETPresident Jeong Seong-min on Friday said to media reporters that he plans to reshuffle the cabinet within coming weeks in response to recent resignation of former Prime Minister Lee Hyun-jong and to push forward his policy agendas for later years of his presidency. The President however declined the rumor that President and former Prime Minister was in friction in every way of policy-making. The cabinet appointments will likely to be happened on next week, said the spokeperson for the Presidential Office.
Ruling Liberal Republican Party officially 'welcomed' a decision by the President as they commented this decision was 'brave and clever.' However, leadership of the party looks quite worrisome and serious about whether this decision looks like a lameduck or a sign of incompetence , especially given that current cabinet is only a year old and it has bad reputation to the people.
Opposition parties unanimously criticized the President's decision on cabinet reshuffle. Song Hyeong-guk, the Leader of Progressive Party said 'the president once again showed his incompetence by reshuffle the cabinet once again.' He added that the President already seems like in a lameduck though there's three more years in his term. Creation of Future Party also took a part in parade of criticisms by making the statement that president's decision was in rather populist style, not in serious way of policy making.
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MoFA Welcomes Transition to Democracy in Sinhai
The Ministry of Foreign Affairs welcomed the Sinhai Union into the world of democracy. In weekly press conference with media reporters, the spokeperson for Ministry of Foreign Affairs said that recent transition to democracy in Sinhai Union is 'a grave change' in not only Sinhai Union but also whole Cathay region. However, there is still a huge possibility of political unrest in Sinhai in regards to the fact that insurgents are not perfectly devasted by the government forces.
Despite of that serious fact, the Ministry of Foreign Affairs however willing to help the Sinhai Union on the verge of new political change.
2010 ⓒ SBC News. All right reserved
The Latest News Update
MoFA Welcomes Transition to Democracy in Sinhai
The Ministry of Foreign Affairs welcomed the Sinhai Union into the world of democracy. In weekly press conference with media reporters, the spokeperson for Ministry of Foreign Affairs said that recent transition to democracy in Sinhai Union is 'a grave change' in not only Sinhai Union but also whole Cathay region. However, there is still a huge possibility of political unrest in Sinhai in regards to the fact that insurgents are not perfectly devasted by the government forces.
Despite of that serious fact, the Ministry of Foreign Affairs however willing to help the Sinhai Union on the verge of new political change.
2010 ⓒ SBC News. All right reserved
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Headlines
>> President Jeong Seong-min ordered a presidential decree appointing new cabinet members. Hearings upon appointees are to be held through next week.
>> Hanseong Electronics, a nation's top electronics manafacturer, announced an appointment of new CEO.
The Latest News Update
Headlines
>> President Jeong Seong-min ordered a presidential decree appointing new cabinet members. Hearings upon appointees are to be held through next week.
>> Hanseong Electronics, a nation's top electronics manafacturer, announced an appointment of new CEO.