Gal in the white house wants to run the Federal Reserve testifies in front of congress. The stores in more next on primetime needs. To prime time news its friday the perfect scene here in korea flight from seoul and you can pay and job and thank you so much for joining us we begin tonight with the probe results on the missing president ial documents from the two thousand seven inter korean summit. The prosecutions months long investigation has come to an aide to former aide still a president the leon were in guided on this friday on charges of deliberately deleting the controversial minutes the kinsey reports prosecutors on friday by two former aides to the president no more time to really get former secretary for Foreign Affairs and National Security and former National Security advisor to tony time for deleting an initial draft of the two thousand seven inter korean summit transcript however prosecutors did not indict president knows chief of staff michael j and setting the lack of evidence the transcript became a hot potato in the run up to present reelection last year when the conservative ruling party accused the liberal new administration of conceding the northern limit line to get back to maritime border in the onesie to north korea investigation revealed friday that it was a north Korean Leader kim jun an immense and doing away with the nrl. Last week ming told prosecutors that the first draft of the Senate Transcript of last month by president hu supporters that the administration could be the first draft as it was not a finished project. But the prosecution said any transcript whether a first draft or edited version in the present a record that should be preserved and transferred to this the archives. Prosecutors also said they discovered a manual that the new government use forgive the theme entries from the gimmick like the us sources them. Along with traces of other records that had been deleted. One copy of the edited transcript was discovered in a store assistant to president note at twickenham after his term and another at the National Intelligence service. With that. The prosecution has announced that president note directly or to revision and eraser of the transcript and his deeds intentionally chose not to transfer it to the state archives at simply shocking. If there was no reason for the no government not to transfer the transcript it a try to cover up its content he wouldnt have given a copy to the National Intelligence service that he would transfer to the state archives with a transcript would be confidential or thirty year us. Nancy. At any tips. Thats all some way Prime Minister a tumble one but with the leadership of both ruling and opposition parties and african jump starts the proceedings and the parliament in a separate one on one meeting with each party the Prime Minister made the appeal to help pass the pending bills as well as next years Budget Proposal through the current parliamentary session that ends in december in response the Opposition Democratic Party stress that it depends on President Park in may and her budget speech before parliament next monday. And was not only the Prime Minister pushing for the resolution of a prolonged standoff between the rival parties and the first meeting ever the heads of the countrys five leading business organizations called an elementary leaders quickly passed economy related bills to expedite the recovery media reports. The countrys five largest listed organizations met with the ruling and Opposition Party representatives to deliver a petition urging them to quickly pass a ten bills to speed up the countrys economic recovery and support of the week of murders. That and old along with thirty three other economy related bills collecting dust at the National Assembly with some of the pool for as long as four hundred and eighty days the parties remain locked me in the investigation into a misplaced a transcript of the two thousand and seven inter korean summit as well as allegations that the National IntelligenceService Medal than last years president ial election the ten bills increased by two Major Business groups included measures to boost the Housing Market and make it easier for investors to invest in the company to list it on the context of new stock market for small to medium size business as. And this is representatives also asked lawmakers to vote with a number of working hours were actually in setup and the workcover reduction to go into effect immediately the rival parties agreed that these bills should be processed quickly. But the ruling was handed the Party Floor Leader take al qaeda. Concerned that the ongoing political impasse full back economic recovery the Democratic Party floor leader tom dont hide in the side but the conglomerate said. Also clean active role in creating new jobs and increased investment. This is the First Time Ever the business in parliament really terrorists have sat down together. Well they all agree on that need to spring economic recovery. The stark differences between the parties indicates theres no telling when the bills will be addressed. Ut and i didnt use. They share some good and bad news on north Koreas Nuclear activities the south korean government says the red state is well prepared to combat the Fourth Nuclear test but there are no signs yet that indicate another test is imminent. Our Defense Mission course on and on a small south koreas ministry of National Defence has raised the possibility of a force in north Korea Nuclear test. Briefing lawmakers of the Relief Committee party on friday and north koreas recent new contract today these vice defense minister pics and you said that the knee and is ready. Fourth test at the south the underground tunnel. I mean this site in haiti the province located in northern part of the country however said there are no signs of an imminent test according to pay the western title of the messiah but the reclusive regime carried out its third new can attest to that area is now under construction. Seouls Defence Ministry also reportedly projects that if county and continues operations at its young gun uk reactor at the current case. Philip meyer six kilograms of plutonium by the end of next year which is enough to make one nuclear bomb. South Korean Military officials also reportedly believes that north koreas capabilities to miniature eyes keep their weapons have improved significantly over the past seven years. Ever since its first new contest in two thousand and six. Although the south korean government says another test doesnt appear in an end to some experts say it may come sooner than expected. Perhaps at the end of this year or early next year. And then me a senior south korean official says there will be sometime before the six party member nations returned to the negotiating table for talks on the new polarizing than or that special at the Foreign Ministry told reporters on friday that the six party member nations to Korea United States china japan and russia agree on the need for specific conditions for resuming the multilateral dialogue but they remain divided on but those conditions should be the second most important thing for solace to ensure that the north is im able to prove its Nuclear Capability while the talks are underway the discussions will continue with us chief Nuclear Envoy grandbaby special to make a three nation tour will take him to china south korea and japan next week. Anticipation is building that north Korean Leader kim salmon could be gearing up for his first overseas trip since taking power. Citing unidentified sources in beijing chinese and south korean Media Outlets are reporting back and has expressed a desire to travel to china in january if he does the report speculates that the north Korean Leader could make a major announcement regarding pyongyangs Nuclear Development program. However it is also noted that chinese person shooting game with me too ok set to visit and that he hasnt done so as of yet south Koreas Unification Ministry in response to the reports said they were not aware of any plans by drummond to visit china the frayed ties between korea and japan are showing no signs of improving with the new report claiming that Prime Minister shinzo latte has called korea foolish country is dismissive remarks that stirs up anger and controversy and the nation and uses Foreign Affairs correspondent and he has this report. A concert at a japanese magazine published on thursday. Japanese Prime Ministers to the lafayette calling for me at least country and that is the fact that the japanese leader reportedly compared the effort china. Ate that while china is in the third country it still able to wear it in a diplomatic matter. He said for the app on the other hand its just a foolish country. The remark is expected to further spread of the diplomatic not between the two neighbors. Relations between seoul and tokyo have seen frosty with jeff and refusing to apologize for wrongdoing during its thirty five the occupation of korea vi demanding an official apology and later compensation. And for an estimated two hundred thousand for me and that men who are forced to serve fx leaves for the japanese military. Japan says that what happened during the occupation and in the past and that it has about a compensating the korean victims do a lot of pain and two eight nineteen fifty five treaty to normalize bilateral relations the japanese leader wants to be on the past and has been vocal about his hopes to hold the senate the president talk to me that it had to get to eat in the two topics but its not an issue of forgive and forget for her yet president fox has made clear that she was a japanese counterpart and i see a better than it will be played less and less spectacular change their perception on what we get the u s were trying trying. Penny ante to me. Chinas highly anticipated third when im wrapped up earlier this week with the leadership of proving a comprehensive set of deep reforms covering the economy politics and the environment among other areas for more on the implications of the outcome of the meeting and whether the worlds second largest economy be able to push ahead but the abyss of policy plans are joined by dr e m to stop professor of economics at the Catholic University of korea. Welcome to for three weeks be a full professor can you walk this are some of the highlights of the communique that ended his forty mi bike down for the economic side. Well i think the statement that is the kitty inputs attention is that market economy and will play a decisive role in chinas economy the forty said they were playing a piece of cool but not to give me a much more emphasis another interesting. This plan that they have is to give more Property Rights to farmers so that that the console and even selling vinyl and now that china was a communist country so twenty years thirty years ago this wouldve been unthinkable but now they realize that having Property Rights makes economy more efficient. So do bring that in. I think this meeting is for showing vision showing Mission Statements add to that extent i think it succeeded. But will have to see what kind of concrete plans that to come up with an upper hutt said the most notable outcome from the plan as is mentioned in the beginning i was a leader such acknowledgment of the markets decisive role from the previous basic role so when you think esther reason behind chinas apparent a pro on them markets have performed. I think they realize that the quilt to have Economic Growth. You need a market system. And this day would put the market system now for ten twenty years has been fitted with him very well for them. So i think that doubling down. They want to go ahead for good people more cool full of growth for the chinese economy for the Chinese People and also i think it signifies that. Well i dont know whether to doing it for the show would actually feel it this way but i think theyre showing that the two have confidence that the communist party can remain. Remain in power they can have one party system but still move ahead with a market economy. Because ten twenty years ago no one was really sure about the time the command to do that im also. I think the independent judiciary. The more market economy. It shows in correctly that theyre very concerned with things like corruption and inefficiency bureaucracy specially and regional governments. If you listen to people who actually went to china did mention that it stuck to the regional governments which act as barriers for a lot of economic activities. So this may be an indirect way of saying that will deal with that problem. So do you think this pro market faction within the communist party has a good chance of making their big vision into reality well i think. Given the economic success that the comments on it that the china had so far i think if they could continue and make it spread into other cities in other regions they have a very good chance. Now the problem is those precept is the problematic sectors the match knowing this the state owned enterprises the regional governments the financial sector. Theyre all very very strong vested interest in what cases both are fun and a half on korea at work the rest who were willing to attend this the fact that the set that they want more openness. Andy of making up for pre emphasis on the phone said just mentioned. I think it signals that they want a lot of Foreign Direct Investment now in the long term though if the reform succeed and they become a better market economy that also means they become more efficient producers become better competitors. So in terms of korea that means of the house did not go into more higher value added sectors and so on but i think it also means that korea house to find a way to be compliment a complement to china medicine competitor. I think china is to reforms succeed. Then bill become too big for preemptive typically peak was so will have to learn how to live with china how to take advantage of china. Ill rather than compete with china. I was thinking so much for your insights on that thank you very much. Before your dna. And another began get the latest line from seoul expert analysis from ages fourteen with the viewpoint of the cold its Global Network and why on arrival that. He always on standby. South. Cheers all across the board from wall street to the korean stock market got a boost from the woman who could be the next chair of the Federal Reserve. Janet yelling back the Central Bank Stimulus program saying it cant be withdrawn without sufficient evidence that the us economy has recovered from the sun has details. The dow and the snp five hundred and eight and in new highs on thursday. Following comments by the us Federal Reserve chairman nominee jack gallon suggesting that that accommodated policies which continue as long as the countrys fresh now. At a Senate Confirmation hearing on thursday done it and an offense meant to spur Economic Growth and said its all trial in a small tree policy. She can t need to promote a strong economic recovery. She said the facts contained expansion of its holdings of bonds and securities at a pace of eighty five b lee us dollars a month have made a meaningful contribution to Economic Growth. If the setup counties delicate approval as expected. The full senate will vote on confirmation that curious on friday that if we ever accuse you stand back here as comments and said the bowl of Central Banks must not be undermined especially during times of Economic Uncertainty the bank of korea held its benchmark rate at two point five percent on thursday for six straight month the korean won with separate second drop in a week after Foreign Investors pulled money from local stops in preparation for defects to the actual hearing of the stimulus program. So different. I did and knees. A United Nations report says iran has stopped expanding it to rein in enrichment capacity since the sunroof on he became president in august in its Quarterly Report released on thursday the eighth International AtomicEnergy Agency said that since august no major work has been done to the potential plut