Springhill Korean Savvy Group

http://springhillreviewgroup.com/2013/05/08/south-korea-in-15-3bn-stimulus-bid-to-spur-economic-growth/ The latest Asian country to try and improve economic growth is South Korea. They do it by spending hard, unveiling a 17.3tn won ($15.3bn; £9.2bn) stimulus plan. The funds will be intended for helping small and medium-sized exporters, create jobs, boost a stagnant property market and cover a shortfall in tax revenue. South Korea has been hurt and suffers from weak exports and subdued domestic demand. The stir is anticipated to facilitate boost annual growth by 0.3 percentage point this year and create 40,000 jobs. "This is a much-needed move," said Kwon Young-sun, an economist with Nomura. "It may not boost growth substantially but will help sustain the economy in the medium term amid the various pressures and challenges that it is facing." Slowing growth of South Korea Immediately after weeks that the finance ministry cut the country's growth forecast for the current year were released, the move comes. It said it expects the economy to grow by 2.3% in 2013, down from its earlier projection of 3%. Accounting for almost half of the country's total economic output was the major delay on growth has been a hold up in exports. Shipments have been hit by frail demand in markets such as the US and the eurozone. At the same time, latest inconsistencies in currency markets have generated worries over a further slowdown in the sector. Since May The South Korean won has risen by nearly 10% against the US dollar. This change makes South Korea's its exports more expensive to foreign buyers. A strong currency has also been affecting the profits of exporters when they repatriate their foreign earnings back home. The chief set off for the increase in the won has been Japan's decision to extremely enhance its stimulus and spending plans. At the centre of its new policy has been accomplishing a weaker yen in the optimism of heightening exports. Since November l

http://www.telegraph.co.uk/culture/music/music-news/9917086/Psy-to-release-new-song-to-follow-Gangnam-Style.html Fans of South Korean rapper Psy will wait no longer; this world famous rapper announces new song April 2013 and details of tour. This is to follow his massive hit Gangnam Style.

http://springhillreviewgroup.com/2012/08/30/disco-icon-donna-summer-dies/ Five-time Grammy Award winner and disco icon of the 70s Donna Summer died of lung cancer at the age of 63 on Thursday. A day after the iconic singer died, her family confirmed reports that the cause of death was lung cancer, but denied that it was not related to smoking. Summer's family issued the statement amidst various inaccurate reports surfacing. According to a new family statement, "Ms. Summer was a non-smoker". To be fair, there are a number of other factors that can be attributed to having lung cancer but exact details connected to the treatment and diagnosis of Summer remain confidential. Summer's debut performance came when the scheduled church singer didn't make it and she was asked to fill in. She was 10 years old then. Meanwhile, her big break came in her teens when she auditioned and got the role for the European version of "Hair". Some of her chart-topping hits included "Bad Girls", "Last Dance", "She Works Hard for the Money" and her disco version of "MacArthur Park", which even outsold Richard Harris' original version. Her successive hits that became anthems on dance floors gave made her an icon as America's disco queen. She also won Grammy awards in dance, inspirational and rock categories. But just like the highs and lows of the songs she performed at the height of her popularity, she once attempted to commit suicide. She soon got used to the massive public attention and eventually left a legacy for decades to come. Her fame reached its zenith with the song "She works hard for the money", a major hit that tells the struggles of women in society during their time. The song's music video was one of the first to feature a female African-American, considering that in 1983, it is extremely rare to see a non-white in a music video being aired by 2-year old MTV network. In fact, it worked so well that it made her