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FP Passport Morning Brief
Friday, April 5, 2013
Tensions with North cause jitters in South Korean markets
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*Top news: *Senior officials say North Korea has moved two mobile missile
launchers [1]to an unknown location in the east of the country, possibly to
demonstrate its ability to strike Japan or U.S. bases in the Pacific.
However, there was none of the strident rhetoric from Pyongyang, that has
been intensifying in recent days, as the country celebrated a national
holiday.

After years of on-again-off-again tensions, threats from the North generally
don't have much impact on South Korean financial markets, but this time has
been different with stocks falling 1.64 percent [2]on Friday amid a flurry of
sell offs by foreign investors. Fears were further intensified by comments
from GM CEO Dan Akerson, who suggested the ongoing tension could lead the
company to move its South Korean production elsewhere.

South Korea's central bank and regulatory agencies have held emergency
meetings and promised strong action to restore stability to the markets if
needed. This has raised investor expectations of an interest rate cut next
week.

*Bird flu: *Shanghai has temporarily closed [3] its poultry markets over an
outbreak of bird flu that has killed at least 6 people. More than 20,000
birds have been slaughtered [4].

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Middle East

* A rocket attack [5]in northeastern Damascus reportedly killed at least 5
people.
* Iran has announced a new plan [6] for its nuclear program.
* The UN is halting food aid [7]to Gaza after one of its distribution
centers was attacked.

Asia

* Clashes between Burmese Buddhists and Muslims have spread [8]to a
detention center for refugees in Indonesia.
* A bombing in Southern Thailand [9] killed a senior government
official.
* Dozens were killed in a building collapse [10] near Mumbai.

Americas

* The daughter of Cuban dissident Oswaldo Paya is calling for an
international investigation [11]into his death.
* Mexico claims to have foiled an assassination attempt [12]targeting two
lawmakers.
* Flash floods [13]have killed at least 57 people in Buenos Aires.

Africa

* South Africa is withdrawing its troops [14]from the Central African
Republic.
* The former Navy chief of Guinea-Bissau has been arrested on drug charges
[15] and will be transferred to the United States.
* The Ivory Coast government has begun exhuming a mass grave [16] from the
country's 2010 post-election violence.

Europe

* Former Italian Prime Minister Silvio Berlusconi called for a new election
[17] unless the center left agrees to govern with him.
* Public prayers are being held in Bulgaria after a series of
self-immolations. [18]
* A constitutional court ruling [19] today could overturn Portugal's 2013
budget.

/-By Joshua Keating /

JUNG YEON-JE/AFP/Getty Images)

The Latest from *FP*
* The Jew in a Box - By Benjamin Weinthal [20]
* A Weapon of Minor Destruction - By Robert Young Pelton [21]
* Why Sticks and Stones Will Beat Our Drones - By Rosa Brooks [22]
* Kowtow Now - By David Wolf [23]
* Hagel Channels Eisenhower - By Gordon Adams [24]

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Why Sticks and Stones Will Beat Our Drones

[29]

Why Apple Won't Be the Last Company to Kowtow to China

[30]

The Ayatollah in His Labyrinth

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How the FBI Duped the American Jihadist in Syria

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[1] http://www.reuters.com/article/2013/04/05/us-korea-north-idUSBRE93408020130405
[2] http://www.nytimes.com/2013/04/06/world/asia/tensions-with-north-korea-unsettle-souths-economy.html?pagewanted=all
[3] http://www.bbc.co.uk/news/world-asia-china-22037833
[4] http://www.reuters.com/article/2013/04/05/us-birdflu-china-idUSBRE93201G20130405
[5] http://news.yahoo.com/activists-rocket-attack-syrian-capital-kills-5-102027416.html;_ylt=AnvdTVWLMmI1dG1v1WhPnqYLewgF;_ylu=X3oDMTQ4OTlpdHJ1BG1pdANUb3BTdG9yeSBXb3JsZFNGIE1pZGRsZUVhc3RTU0YEcGtnAzg2NDZkNzkwLTYxMTMtMzdlOC1iNTk1LTZmMzgyMzQ0MWUzOQRwb3MDMQRzZWMDdG9wX3N0b3J5BHZlcgMxY2YxMmM3MC05ZGU3LTExZTItYjllZi04MzcxNWFjNWQyMmU-;_ylg=X3oDMTF1cDZjaTBwBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdAN3b3JsZHxtaWRkbGVlYXN0BHB0A3NlY3Rpb25z;_ylv=3
[6] http://www.nytimes.com/2013/04/06/world/middleeast/talks-resume-on-curbing-irans-nuclear-program.html?ref=world&_r=0
[7] http://www.bbc.co.uk/news/world-middle-east-22036228
[8] http://www.nytimes.com/2013/04/06/world/asia/buddhist-muslim-tensions-spread-as-detainees-die-in-indonesia.html?ref=world
[9] http://www.reuters.com/article/2013/04/05/us-thailand-south-idUSBRE9340B120130405
[10] http://www.bbc.co.uk/news/world-asia-india-22036751
[11] http://www.nytimes.com/2013/04/05/world/americas/inquiry-is-sought-into-death-of-oswaldo-paya-cuban-dissident.html?ref=world
[12] http://www.cnn.com/2013/04/04/world/americas/mexico-lawmakers-assassination-plot/index.html?hpt=wo_c2
[13] http://www.bbc.co.uk/news/world-latin-america-22033533
[14] http://www.nytimes.com/2013/04/05/world/africa/south-africa-to-withdraw-troops-from-central-african-republic.html?ref=world
[15] http://www.bbc.co.uk/news/world-africa-22030847
[16] http://www.bbc.co.uk/news/world-africa-22026885
[17] http://www.reuters.com/article/2013/04/05/us-italy-vote-idUSBRE9340CM20130405
[18] http://www.reuters.com/article/2013/04/05/us-bulgaria-prayer-idUSBRE9340CU20130405
[19] http://www.ft.com/intl/cms/s/0/c90a26f4-9dc6-11e2-bea1-00144feabdc0.html#axzz2Paepk0uP
[20] http://www.foreignpolicy.com/articles/2013/04/04/the_jew_in_a_box_germany
[21] http://www.foreignpolicy.com/articles/2013/04/04/a_weapon_of_minor_destruction_harroun
[22] http://www.foreignpolicy.com/articles/2013/04/04/why_sticks_and_stones_will_beat_our_drones
[23] http://www.foreignpolicy.com/articles/2013/04/04/kowtow_now_apple_china
[24] http://www.foreignpolicy.com/articles/2013/04/04/hagel_channels_eisenhower
[25] http://www.foreignpolicy.com
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[29] http://www.foreignpolicy.com/articles/2013/04/04/why_sticks_and_stones_will_beat_our_drones
[30] http://www.foreignpolicy.com/articles/2013/04/04/kowtow_now_apple_china
[31] http://www.foreignpolicy.com/articles/2013/04/04/the_ayatollah_in_his_labyrinth
[32] http://www.foreignpolicy.com/articles/2013/04/04/a_weapon_of_minor_destruction_harroun
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