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LinkAsia | Apr 10
Faced with a slumping real estate market, the South Korean government has announced a plan to cut borrowing costs and provide tax breaks in order t...
Yul Kwon:
South Koreans were warned that it would be the strongest typhoon to hit the Korean peninsula in a decade. Luckily, it wasn't as bad as meteorologists predicted. But even so, Typhoon Bolaven has killed at least 16 people, on its path from Japan to South Korea, then striking North Korea and China as a weakening tropical storm. South Korean broadcaster MBC shows us the devastation that was left behind by the 15th typhoon of the season.
Reporter:
Collapsed. Smashed. Blown down, and torn out.
A 100-ton-fishing boat split in half. Crews were swept away and barely rescued.
Waves carried fishing boats to the middle of the road, washed over the seawalls, and took the fishermen's livelihood away. The high tides devoured a coastal roads.
A downtown traffic light is broken by the strong winds. And sidewalk trees struck the road in a row, and even large & old trees were uprooted. Sidewalks littered with debris from downed billboards.
The steel cages of a golf driving range collapsed, and church steeples are broken.
The outer walls at a construction site are twisted out, and facilities that seemed strong couldn't withstand.
Maximum wind speed reached 125 miles per hour with 3 inches of rain falling every hour.
Today, 15,000 elementary, middle, and high schools throughout the country had to close down or shorten school hours. Ninety-six passenger ships are docked and about 190 flights have been canceled.
The Korean Peninsula groaned all day long under the monstrous power of Bolaven, the 15th typhoon this year.
Yul Kwon:
North Korea's state-run news agency reported there was flooding and severe damage to crops. It went on to say that the damages from the typhoon are likely to get more serious.