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Since Mr Bush's threats of force and economic sanctions did not make Iran stop enriching uranium, Mr Obama may attempt a feat of diplomatic ju-jitsu, by seeking a rapprochement instead.
ECONOMIST: Challenges facing Barack Obama
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He sat on a dais, where he was joined by his wife, the former singer Ri Sol-ju, and, a few moments later, an unlikely guest of honor: the onetime Chicago Bulls star and cross-dresser Dennis Rodman.
NEWYORKER: The Bad-Boy Brand
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Mr Chung is a son of Chung Ju-yung, founder of the Hyundai industrial empire, who died last year.
ECONOMIST: President Kim Dae-jung's party is collapsing around him
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Ri Sol-ju attended a football match and a concert with her husband on Monday, KCNA news agency said.
BBC: North Korean leader's wife reappears in public
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Hyundai started out as a construction company in 1947, and founder Chung Ju-Yung and his extended family soon controlled a powerful South Korean business empire consisting of some 50 companies with interests in shipbuilding, automobiles, elevators and securities, among others.
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Among the most successful recent arrivals is mixed martial arts, a combination of boxing and ju-jitsu.
ECONOMIST: Sport and the media are natural bedfellows
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South Korea's Yonhap news agency reported that a check of its archives turned up two instances in which a young girl named Ri Sol Ju attended inter-Korean events in the North in 2003 and 2004.
WSJ: South Koreans Dig for Clues About North's First Lady
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Credit Suisse analyst Stephen Ju this morning picked up coverage of a half-dozen key Internet socks, to mixed effect.
FORBES: Buy GOOG, AMZN; Hold FB, EBAY, GRPN, YHOO, Advises Credit Suisse Analyst Ju
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But Kim's legal affairs chief, Park Ju Sun, gave a detailed report to then-prosecutor Kim, who turned it over to Park Si Eon, chief lobbyist for the insurance boss.
CNN: Of 'Fur-gate' and Other Fights
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Huge debts forced the car firm to lay off 10, 000 workers, and the group was eventually bailed out in a government-brokered deal in which it was divided into several parts, each run by a different son of its founder, the late Chung Ju-yung, who was forced to resign.
ECONOMIST: Hyundai Motor
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For instance, Pak Pong-ju, who served as premier and was responsible for the limited economic reforms of a decade ago, has been named head of light industry development.
FORBES: The "New" North Korea: Prisons With Designer Hand-Cuffs