Olympics & Powerful country

Olympic PyeongChang

          It will be cold and colorful, dramatic and dangerous, exciting and emotional — the 2018 Winter Olympics is set to burst into life in South Korea. Some events have already begun, but an opening ceremony full of pride, passion, tradition and most probably a bit of politics will get the PyeongChang Games officially under way Friday. Nearly 3,000 athletes from 93 countries are set to compete for a record of 102 medals across 15 different sports from February 9-25. From the participation of Russian athletes in the wake of doping scandals, and icy…

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South Korea is clamping down on its bitcoin boom

South Korea Bitcoin Boom

          South Korea is trying to cool its red-hot bitcoin market. The country’s government said Thursday it was putting in place measures to cool speculation in the red-hot cryptocurrency, which has surged by more than 1,300% in 2017. The measures include a ban on opening anonymous virtual currency accounts and new laws giving authorities the power to shut down digital currency exchanges.    

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Nervousness between U.S. & North Korea

War Game

          A US 7th Air Force official said the top-of-the-line F-22s are being joined by Air Force and Marine Corps F-35s in the largest concentration of fifth-generation fighter jets ever in South Korea. A day before the Vigilant Ace 18 drills, North Korea called for “merciless revenge” and said the nation would consider the “highest-level hard-line countermeasure in history,” according to the state-run Korean Central News Agency. The stealthy F-22s and F35s are among 230 US and South Korean aircraft participating in the annual Vigilant Ace 18 air combat drills. The drills begin after a weekend…

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