A group of people who borrowed the names of North Korean defectors and stole more than 10 billion won from five commercial banks using false lease contracts were arrested The Gijang Police Station in Busan said on the 14th that it arrested six people including accomplices who posed as false tenants without detention and sent them to the prosecution A and others signed "false lease contracts" using 28 real estate properties in Korea from 2021 to January 2023 and received 10.2 billion won in lease loans from 46 stores of five commercial banks A recruited people in need of urgent payment made forged employment certificates in their names If you receive a loan of about 300 million won from the bank 50 million won to 70 million won will be paid to false tenants and the rest will be intercepted by A and others It is known that A and others spent most of their lives in luxury such as purchasing a vehicle or buying luxury goods with intercepted money About one-third of those who provided their names were reportedly North Korean defectors who were struggling financially A and others received loans by signing multiple false lease contracts on one real estate It was aimed at the fact that there is no system for banks to check whether there were multiple lease loans in a single property while banks focus on reviewing the tenant's credit or economic power "Lending between tenants and financial institutions is not displayed on the register and the system for financial institutions to check it is insufficient so institutional supplementation is needed." ※ This service is provided by machine translation tool the number of claw machines around downtown Seoul have greatly increased especially in busy nightlife areas such as Sinchon Unlike in the past when claw machines were scattered around the city’s sidewalks the machines have become so popular that there are now shops that exclusively run claw machines for people to enjoy Koreans call these claw machines ‘Inhyeong bbobkkii’ (literally translated as ‘picking up a doll’) and these shops are called ‘Inhyeong bbobkkii bang’ (translated as ‘picking up a doll room’) the number of registered picking up a doll room shops was 21 in February 2016 Some experts have suggested that the ‘picking up a doll’ culture emerged from an era of low economic growth in Korea. According to Professor Kyung Ok Huh from Sungshin Women’s University  this phenomenon is known as the ‘lipstick effect’ The ‘lipstick effect’ is an economic theory that says when the economy is in recession consumers tend to buy inexpensive products instead of luxury items so that they can still have a small treat the so-called ‘Kidult culture’ has also promoted the popularity of claw machines ‘Kidult’ is a mixed word using kid and adult more specifically referring to adults who like things that bring back their childhood memories many Korean young adults like childish characters such as Shin-chan and many claw machines are filled with these characters in the form of dolls because young adults want to recall their childhood memories to escape from their present hardships the ‘Picking up a doll’ trend represents the hardships of young South Korean adults and how they overcome their day-to-day life challenges many young Koreans began to upload pictures of food on social media outlets such as Instagram This phenomenon is known as ‘Mukstagram,’ a mixed word that comes from the Korean verb “to eat” plus Instagram The ‘cook-bang’ trend and ‘Mukstagram’ can also be understood in the same context as ‘picking up a doll’ trend These trends suggest that young South Koreans seek some form of satisfaction through daily activities such as cooking to give themselves a break from everyday life This phenomenon is so common among young people that they already created and use the word ‘Tangjin jam,’ which can be translated as ‘run through all the money for fun’ The ‘picking up a doll’ trend reflects South Koreans’ tough lives under an economic slowdown This is just an entertainment trend and it can be over interpreted the reason why many experts and major media in Korea are worried about it is the obvious fact that Korean economy has been getting worse highlighting the need for a new economic growth engine Gwanghyun Pyun is currently an Intern at the Korea Economic Institute of America as part of the Asan Academy Fellowship Program He is also a student of Sogang University in South Korea The views expressed here are the author’s alone Photo from Barnimages.com’s photostream on flickr Creative Commons Essential digital access to quality FT journalism on any device Complete digital access to quality FT journalism with expert analysis from industry leaders Complete digital access to quality analysis and expert insights complemented with our award-winning Weekend Print edition Terms & Conditions apply Discover all the plans currently available in your country See why over a million readers pay to read the Financial Times Your browser does not support JavaScript, or it is disabled.Please check the site policy for more information hina is expected to dethrone Japan as the world’s top automobile exporter this year on the strength of electric vehicles and special demand from sanctions-hit Russia Automakers in China exported 3.92 million vehicles during the first 10 months of this year compared with 3.59 million vehicles shipped from Japan The China Association of Automobile Manufacturers announced Dec 11 that 480,000 vehicles were exported in November the second-highest figure this year after October While the Japan Automobile Manufacturers Association has yet to release the November export number it appears almost certain that China will stay on top for the full year Exports from China totaled only about 1 million vehicles a year until 2020 but the country has since added about 1 million units every year Electric vehicles are leading its export drive About 1 million electric models were shipped during the first 11 months of this year accounting for a quarter of overall vehicle exports The figure was about 90 percent more than the same period last year Shipments of gasoline-powered models to developing countries also rose this year a sharp rise from the 160,000 units last year as Japanese and European manufacturers pulled out from the Russian market following Moscow’s invasion of Ukraine playing catch-up in the fast-growing electric vehicle market are facing stiff competition from Chinese rivals around the world Chinese manufacturers are not only exporting their electric-powered products Japanese companies have traditionally controlled a large share of the automobile markets in Southeast Asian countries A senior industry official said Chinese automakers advancing into the region with electric offerings pose a threat to the stronghold of the Japanese players Some Japanese companies are already struggling in Thailand where electric models now account for about 10 percent of new vehicles sold Thailand is the second-largest destination for Chinese-made electric vehicles and plug-in hybrid vehicles combined local automakers have dominated the expanding market of electric vehicles hurting sales of Japanese rivals and squeezing their profits Japanese automakers are bound to face the same challenges as they are facing in China,” said Tang Jin a senior research officer at Mizuho Bank who is familiar with the Chinese automobile market a senior partner and auto industry expert at the German-based consulting company Roland Berger estimates that electric vehicles will account for 45 to 50 percent of the new vehicles sold globally by 2030 which have been front-runners in gas-electric hybrid vehicles need to quickly adapt to market changes toward electric vehicles Akihiro Nishiyama in Beijing and Chinami Tajika.) China’s shift to EVs worries Japanese auto parts suppliers Honda’s N-Box zooms to the top of best-selling cars in Japan Chinese luxury carmaker steers course for tight Japanese market Rising EV sales push Mitsubishi Motors out of Chinese market Information on the latest cherry blossom conditions Please right click to use your browser’s translation function.) A series based on diplomatic documents declassified by Japan’s Foreign Ministry Here is a collection of first-hand accounts by “hibakusha” atomic bomb survivors chefs and others involved in the field of food introduce their special recipes intertwined with their paths in life A series about Japanese-Americans and their memories of World War II In-house News and Messages No reproduction or republication without written permission Home/O&M A gas-fired combined-cycle power plant in Texas and an advanced, high efficiency pulverized coal-fired power plant in the Republic of Korea have been elected Project of the Year winners by Power Engineering magazine for 2001. The winning projects are the Tenaska Frontier Generation Station in Texas and the Korean Tangjin Thermal Power Plant Units 1-4. Two projects, Kansas City Power & Light’s Hawthorn Unit 5 rebuild and the Santa Rita 1000 MW combined-cycle power plant in the Philippines have been chosen to receive Honorable Mention awards. A new category, Editor’s Choice, has been awarded to the U.S. Department of Energy for their Advanced Turbine Systems Program. The Tenaska Frontier Generating station, an 830 MW natural gas-fired generation plant located in Grimes County, Texas, went into commercial operation in late summer 2000. Tenaska Frontier Partners, Ltd., a Texas limited partnership, was formed by Tenaska to build, own and operate the facility. All of the electricity is sold to Power Team, a division of Exelon (formerly PECO Energy). Power Team is marketing the electricity within the Electric Reliability Council of Texas (ERCOT). Frontier generating station is connected to ERCOT through an interconnection with Reliant Energy’s 345-kV transmission system and is connected to the Southwest Power Pool (SPP) grid via Entergy’s 345-kV interconnection. The plant has been designed to allow any of the plant’s generators to be connected to either ERCOT or SERC at any given time. The plant is one of the first to use dry low NOx combustion turbines with the ability to run on dual fuels. Natural gas is the plant’s primary fuel, with low sulfur No. 2 oil as a backup. The HRSGs also have low emission duct burners. When firing natural gas the gas turbines have NOx emissions of 15 ppmvd, and emissions are less than 42 ppmvd, with water injection, when firing fuel oil. Cooling water for the plant’s 14-cell cooling tower is purchased from the City of Huntville, Texas. However, the water is recycled several times before being pumped to a 48-acre effluent impoundment reservoir just over two miles from the plant. Some of the waste water is used to irrigate Bermuda grass which is harvested on a routine basis by a local farmer. The Frontier generating station went into commercial operation in September 2000. According to Tenaska, it is one of the most efficient combined-cycle power plants in the U.S. A big benefit of the plant to the local community is the revenue from the plant’s property valuation. This revenue accounted for more than one-fourth of the local school district’s budget in 2000. Korea East West Power Company’s 4 x 500 MW Tangjin Thermal Power Plant is an advanced supercritical high efficiency pulverized coal-fired power plant. The plant is one of Korea’s 20 standard 500 MW units designed to burn imported bituminous coal. Korea went to a standard design in order to reduce design and construction costs. It also has allowed the utility to optimize and standardize operations and maintenance. Units 1 and 2 went into commercial operation in December 1999, followed by Unit 3 in September 2000 and Unit 4 in March 2001. According to ALSTOM, one of the major vendors for the project, the total cost of the project was $(US)2.2 billion. Because nuclear power plants provide most of Korea’s baseload capacity, the Tangjin plant hasbeen designed for cycling duty. During load testing of Units 2, 3 and 4 the load was reduced, in six minutes, from 500 MW down to a target load of 275 MW. Not only was this accomplished without any major fuel trips, but the steam generators also remained stable. All three units were returned to full load within 20 minutes. Tangjin Units 3 and 4 are reported to be the first in Korea to use a 765-kV Ultra High Voltage (UHV) switchyard. By raising the transmission to 765-kV it is possible to increase the transmission capacity by as much as five times that of a 345-kV transmission system. Transmission losses are also significantly reduced. More than 20 percent of the construction cost of the Tangjin plant addressed environmental protection and emission control (Table 1). These controls include electrostatic precipitators, flue gas desufurization, low NOx burners, extra-tall stacks and an airtight coal handling system. An automatic environmental monitoring system tracks plant emissions around the clock. The high efficiency electrostatic precipitator removes 99.43 percent of the fly ash and the wet limestone desulfurization system removes more than 90 percent of the SO2 in the flue gas. The plant constantly achieves NOx concentrations of 120 ppm compared to the allowable level of 350 ppm. Waste from the desulfurization process and fly ash from the precipitator is mainly calcium sulfate with a purity of 95 percent. This is much higher than commercial grade calcium sulfate. On a daily basis, the units produce 500 tons of fly ash which is used for the production of gypsum boards and as a cement settling agent. The air surrounding the plant and the nearby Sukman Middle School is continuously monitored to measure the levels of SO2, NOx and PM10 (particulate matter). All of the measurements are posted on an electronic display at a downtown Tangjin community center. According to ALSTOM, this is part of an ongoing effort to maintain environmental openness with the local community. Besides an environmentally friendly design, Korea East West Power Company has also emphasized plant aesthetics. One unique feature is the routing of the plant’s cooling water intake channel to loop around the front of the building. This gives visitors to the plant the (reflective) illusion that the plant is floating on a pool of water. In addition, the stacks, which are 492 feet (150 meters) high, have been completely enclosed to resemble the famous “63 Building” in Seoul. The building is one of the top ten tourist attractions in Seoul and was once the tallest building in Asia. It has 60 stories above ground and three basement floors, hence the name 63 Building. An explosion in 1999 leveled the 500 MW Unit 5 boiler at Kansas City Power & Light’s (KCPL) Hawthorn Power Plant. As a result KCPL lost 15 percent of its total generating capacity. Because of this KCPL had to decide how to replace 15 percent of its capacity in the most expedient and economical way. After the explosion all that remained of the furnace and boiler structure was a pile of twisted structural steal, piping and tubing. Damage also occurred to adjacent structures and equipment. Because of the extensive boiler damage it was apparent that the boiler was beyond repair. However, the turbine generator, and the balance of plant equipment, outside of the boiler envelope was determined to be repairable. After two months of analysis, including input from various equipment vendors, engineers and permitting specialists, KPCL decided in April 1999 to rebuild Unit 5 reusing as much of the existing balance of plant equipment as possible. The goal was to have the unit back into commercial service by the summer of 2001. Since the construction of the boiler island would be the critical path, KCPL decided to purchase the boiler island under one engineer, procure and construct contract (EPC). A separate contractor was hired directly by KCPL for the demolition and clearing of the boiler area and the old foundations. By September 1999 sufficient demolition work had been completed for work to start on the boiler island. According to Burns & McDonnell, it generally would take 18 weeks for preparing bid documents, going out to bid, evaluating the bids and then awarding an EPC contract for a project of this magnitude. However, to meet the summer of 2001 deadline for commercial operation, only 10 weeks were allocated. As a result, rather than preparing detailed specifications for the boiler equipment, the bidders were asked to propose an existing design with an existing footprint for the furnace support steel. After reviewing the bids, KCPL awarded the EPC boiler island contract to Babcock & Wilcox in August 1999. The boiler selected can produce 4 million lb/hr of steam, an increase of 500,000 lb/hr over the original boiler. Because of the increased boiler capacity, KCPL asked General Electric to provide pricing and technical information for various upgrade options for the existing steam turbine generator. Using the corresponding steam flows and electric outputs for the various options submitted by General Electric, Burns & McDonnell and KCPL analyzed the existing balance of plant’s mechanical and electric equipment to determine their capability to operate at increased capacities. After evaluating the steam turbine options KCPL decided to use General Electric’s Advanced Design Steam Path Uprate package, which included replacing the combined HP/IP rotor, modifying the generator and replacing the turbine governor control system. The modification increased the plant’s output to a nominal 550 MW. After evaluating the existing balance of plant equipment, KCPL decided to replace the boiler feed pump and the generator step-up transformer and to refurbish the condensate pumps, feed water heaters, coal handling system, condenser and circulating water pumps. The capacities of the coal handling system, condenser and the circulating water pumps were also increased. The old control system was replaced with a Bailey Symphony distributed control system. Although the schedule was very tight all of the work was completed on time and the unit was returned to commercial operation on May 11, 2001. The plant is now providing in excess of 550 MW to the grid. In 1996, First Gas Power Corporation, an operating company of First Power Holdings and British Gas, awarded a turnkey contract to Siemens Power Generation Group for the 1,000 MW four-unit Santa Rita project. The plant, which went into commercial operation in August 2000, is reported to be the largest and most technically advanced power plant in the Philippines. Santa Rita Units 1-4 can burn gasoil (distillate), condensate, naphtha or any combination of the three fuels. Although the units are operating initially on condensate fuel, the plant will convert to natural gas by the end of 2001. The plant has two blocks of four single-shaft units. Each unit has: The V84.3A gas turbines have variable inlet guide vanes in the compressor section. The inlet guide vanes modulate the gas mass flow through the turbine and ensure that the exhaust temperature is held relatively constant when the turbines operate between 50 and 100 percent load. Hybrid premix combustion burners control the emissions of NOx and CO in the upper load range when burning natural gas. Water injection is also available for thermal NOx suppression. Steam bypass stations control the HRSG pressure and any excess steam not required by the steam turbines by passing steam to the condenser. As a result, the plant is able to operate the gas turbines without any output restrictions. In addition, short startup times are possible and less steam needs to be dumped into the atmosphere. Because of the single-shaft design, fully automatic startup, loading to any pre-selected load and short run down times are possible. A direct seawater cooling system meets the cooling requirement of the Santa Rita plant, and fresh water is provided from onsite wells. The project also includes an unloading jetty where ships up to 100,000 tons deliver liquid fuel for the plant. According to Siemens, the environmental performance of the plant has been significantly better than the performance standards set by the Philippine government’s Department of Environmental and Natural Resources. The standards for NOx are less than 76.4 ppm (130 ng/J) for liquid fuel and less than 50.54 ppm (86 ng/J) for natural gas. All three of the liquid fuels were used during the performance testing of block 1 and 2. The results for two of these fuels are shown in Table 2. Since going into commercial operation Santa Rita has operated with an availability of 98 percent. In August 2000, a contract was awarded to Siemens Power Operations, Inc., a subsidiary of Siemens AG, to operate and maintain the plant for at least the first six years of operation. A new award, Editors Choice, has been awarded to the U.S. Department of Energy (DOE) for their Advanced Turbine Systems (ATS) Program. Started in 1992, the ATS Program is helping U.S. manufacturers remove the technical barriers to achieving significant advances in gas turbine technology. The industrial gas turbine manufacturers involved in the project are: EPRI, Southern Company Services, Woodward FST, Parker Hannifin and universities and research laboratories throughout the U.S. are also actively involved in the program. For utility scale gas turbines the objective of the program is to achieve: General Electric Power Systems (GEPS) and Siemens Westinghouse Power Corporation (SWPC) are the two turbine manufacturers partnering with DOE to develop gas turbines for the electric utility sector. The 7H ATS technology, a 400 MW, 60 Hz combined-cycle system developed by GEPS, has achieved or exceeded the goals of the program. This system is part of a larger H System GEPS program. A 9H 480 MW, 50 Hz system, for overseas markets, has also been developed. According to DOE, the 7H (MS7001H) and the 9H (MS9001H) have successfully completed full speed, no load tests at GE’s Greenville, South Carolina facility. The first 9H unit, being installed at the Baglan Energy Park in South Wales, United Kingdom, is scheduled for commercial operation in 2002. Sithe Energies’ new 800 MW Heritage Station in Scriba, New York will have the first 7H system, with commercial operation scheduled for 2004. SWPC is incorporating many key ATS technologies into their commercially available gas turbines. The first step in this process was the introduction and commissioning of the W501G with ATS-developed closed-loop steam cooling, advanced compressor design and high temperature materials. After undergoing extensive evaluation at Lakeland’s Electric’s McIntosh Power Station in Florida, the first W501G units went into commercial operation in March 2000. According to SWPC, the next step is the integration of additional ATS technologies into the W501G. These technologies, which will begin testing in 2003, will be incorporated into a new W501ATS machine that is scheduled for demonstration in 2005. SWPC is also introducing ATS developed technologies into its W501F gas turbine. The latest W501F uses ATS-developed brush seals, coatings and compressor. According to DOE, although the ATS program is still ongoing, the program is a resounding success. Much of the technology developed over the last 10 years has already been incorporated into existing products. Revolutionary goals set in the early 1990s have been met or surpassed, says Abbie Layne, product manager, NETL, Advanced Turbines & Energy Systems. dollarHaruachime jeonbu tangjinDallyeo dallyeo naega beoreo naega sachiDallyeo SUGA]Nan wonhae cruisin' on the bayWonhae cruisin' like NemoDoneun eopjiman tteonago sipeo meolliroNan doneun eopjimanseodo pulgo sipeo piroDon eopjiman meokgo sipeo ono jiro (Swish)Yeoril haeseo beon naui pay yeahJeonbu da nae baeeTikkeul moa tikkeul tangjinjaem da jibulhaeNaebeoryeodwo gwasobi haebeoryeodo (Ho)Naeil achim naega michinnomcheoreom (Ho)Nae jeokgeumeul kkaebeoryeodo (Woo naeireun eopseoNae miraen beolsseo jeodang japyeosseo (Japyeosseo)Ooh dollarJwigumeong byeotdeul ttaekkajiHaega tteul ttaekkaji(Dasi yah (Woo)Mit ppajin dogiya (Woo)Nan maeilgachi mul bunneun jungCharari gyang kkaebeoryeoGeokjeongman hagien urin kkwae jeoleo (Yo)Oneulmaneun gominbodan go haebeoryeoJjolmyeonseo akkidagan ttongi dwaebeoryeoMundaebeoryeo (Beoryeo RM]Gominboda go (Go)Gominboda go (Go)Gominboda go go (Everybody)Gominboda go (Go)Gominboda go (Go)Gominboda go j-hope]Gominboda go (Go)Gominboda go (Go)Gominboda go SUGA]Gominboda go (Go)Gominboda go (Go)Gominboda go go (Everybody)17EmbedCancelHow to Format Lyrics: To learn more, check out our transcription guide or visit our transcribers forum This song bio is unreviewedGenius Annotation1 contributor고민보다 Go (Go Go), the eight track of BTS’s Love Yourself 承 ‘Her’ Go Go is an upbeat track with a deep message. Member Suga said in an interview that “These days young generation often uses words like "YOLO” and “탕진잼” (Fun you feel when overspending) .“ They tend to splurge small money on many cheap things that they don’t need so that they feel like they are rich Aside from raising awareness on the hardships of the young Korean generation the track encourages the listeners not to overthink and just buy what you want to buy every once in a while because at the end of the day +21ShareQ&AFind answers to frequently asked questions about the song and explore its deeper meaning Genius Answer1 contributorIt can be found here.