David Jeong

International 1

Oil hits new record over $90

Summary: U.S. crude for December delivery jumped $3.36 to settle at $90.46 a barrel on the New York Mercantile Exchange, surpassing the previous settlement high of $89.47 a barrel set Oct. 19. Oil also hit a new trading peak of $90.60, breaking the previous record of 90.07. OPEC Secretary-General Abdalla Salem El-Badri said that theyhave no price band or price target.

Opinion: Those mid-east oil rich countries are so blessed with their oil and they are playing with those oils and I hate that. Whatever the reason is, now the oil prices are so high, I am concerned for all the world's economy because without the oil, the transportaion would definitely be damaged and resulting a bad outcome. It doesn't means that there would not be any oil, but since the price is so high, companies would have trouble getting the same amount of oil and they would have trouble transporting their products.

International 2

China economy to exceed Germany`s

Summary: China's supercharged economy grew by a stunning 11.5 percent in the third quarter, surging ahead despite official efforts to cool the boom and putting it on track to overtake Germany as the world's third-largest within weeks. The communist government wants to maintain fast growth to ease poverty but worries that a runaway expansion or overspending on real estate and other assets could ignite a financial crisis.

Opinion: Well, it sounds really dangerous. The reason why is that if communist government becomes one of the economic giants, it would not be a good situation. They might try some crazy things and make a dumb deal out with their economy, money. I hope their economy would collapse right now.

National 1

Superjumbo begins landmark flight

Summary: Flying from Singapore to Sydney, Australia, on Thursday, the enormous A380 is carrying passengers who bid up to $100,000 for a seat on the historical trip with 455 passengers and a crew of about 30, including four pilots. Now people are focused on the environmental worries. Airbus insists the A380, capable of carrying up to 850 people in all-economy mode, is more fuel efficient and is banking on the jet to open up a new front in the battle for the commercial skies.

Opinion: First of all, I don't like airbus. They are so cheaply made. If I were to be a CEO of an airline company, I would go for BOEING's airplanes because they are more durable and better in quality. Well, it is a good news for a lot of people that A380 is now all made because a lot of airline companies waited months for that plane. Airbus should keep their promises well and be on time.

National 2

Discovery rockets to space

Summary: Space shuttle Discovery and a crew of seven rocketed into orbit, on Oct 23rd, in pursuit of the international space station, where a formidable construction job awaits them. Space shuttle Discovery and a crew of seven rocketed into orbit in pursuit of the international space station, where a formidable construction job awaits them. The astronauts will attach an Italian-built live-in compartment, about the size of a small bus, to the space station.

Opinion: It is always interesting about men going out to the space. It requires the best technology of we have. People say that there are so many human in the earth, that the end of human species is coming. I don't really care what they say but it is definitely a true idea that there are so many people on the surface of the earth. I hope those space station and space projects are successful and be able to get another home for human.