1. More details emerged Tuesday about how close South Korea was to default on its foreign-currency-denominated debt before the bailout was announced. 2. The president of Deposit Insurance underscored the amount of money involved, during a press conference announcing the bailout. 3. When the International Monetary Fund bailout for South Korea was first announced early this month, there was anger at America and Japan for supposedly practicing economic colonialism. 4. Ivory Coast President Laurent Gbagbo announced the bailout after a closed door meeting of African leaders late Tuesday. 5. Ivory Coast President Laurent Gbagbo announced the bailout after a closed-door meeting of African leaders late Tuesday. 6. Media commentators have been bashing the ministry almost daily since the bailout was announced in December. |