his visit to the united states is the first in 13 years by a south korean president. the u.s. free trade agreement may take effect as early as next january. the move could bolster japan's chief export competitor in asia. how will the fta benefit the u.s. and south korea? a 2.5% tariff now imposed on south korean car imports to the united states will be eliminated within five years. south korean import duties on american beef and pork will be removed after a certain period of time. this is a tv commercial in south korea. >> the ad is sponsored by the south korean government. the country is promoting free trade under the strong leadership of president lee myung-bak. >> translator: our country needs to expand into the world economy. the fta is a core national strategy. >> with trade accounting for nearly half of south korea's gdp, the president has a strong belief that going overseas is the only path for further development. japan, on the other hand, only began preliminary talks with the eu in may for an economic partnership agreement. japan is lagging far behind its neighbor in t

to take advantage of the weak yuan. >> translator: it would be good to do business with south korean makers. because their country is so close to japan. >> due to the impact of the yen's appreciation and the march disaster, japanese manufacturers are stepping up efforts to buy parts and materials from south korea. >>> general motors announced on thursday it will introduce a air bag, the first in the entry, front-center air bag. the new air bag will inflate when a car is hit from the side. it will search as a cushion between the driver and the front-seat passenger when there is a collision and it will provide protection in rollover crashes. the center air bag is being developed jointly with the japanese parts supplier, takata. the u.s. automaker will install the feature in three of its models for 2013. >>> hi there, time to get you updated on the weather as we head on into the weekend. it doesn't look good, unfortunately, in the tropics here. we do have a couple of storms still to deal with. the first one i want to mention is tropical storm nesat. you'll remember this was the one that

house to hear from the south korean president, lee myung-bak in the south korean president will be at the white house this evening for the state dinner at 6:30 p.m. eastern. the senate has wrapped up most of its legislative work for the day. roll call votes anyway, as they vote and approve three judicial nominations we take you now live to the senate for here on c-span 2. senator from ohio. mr. brown jrk mr. brown: i ask unanimous consent to vitiate the quorum. the presiding officer: without objection. mr. brown: i ask unanimous consent to speak for up to 20 minutes as if in morning business. the presiding officer: without objection. mr. brown: mr. president, this chamber considered trade measures this week for the first time in about four years. first and most importantly the bipartisan currency measure passed by an overwhelming majority, 63-35. this action on china's currency is long overdue. this legislation, i was the prime sponsor of it, the major cosponsors, we had cosponsors in both political parties, lindsey graham of south carolina, republican, chuck schumer of new york, debb

counterpart there, south korean president lee myung bak. in. >> one of our outstanding local korean restaurants, michelle and i are looking forward to hosting the president and first lady kim tonight at tonight's state dinner and today president lee will address congress, a high honor reserved for america's closest friends. this state visit reflects the fact that the republic of korea is one our strongest allies because we've stood together, the people of south korea from the ruins of war were able to build an economic miracle and become one of our largest trading partners, creating jobs and opportunity for both our peoples. because we stood together, south koreans were able to build a strong and thriving democracy and become a steady partner in preserving security and freedom not only on the korean peninsula but beyond. as i said this morning, this visit also recognizes south korea's emergence as one of our key global part in other words. south koreans have served bravely with us in afghanistan and iraq. south korean forces have partnered w

this fta will kill south korean farming. that's why i'm absolutely against it. >> later, demonstrators clashed with police forces as they marched towards parliament water cannons were used to prevent protesters were breaking intoed compound of the national assembly. south korea's governing party aims to rat fry the free trade agreement by the end of this month. but the opposition bloc demands more discussions, citing insufficient compensation for farmers. our correspondent in seoul says strong opposition to the fta could delay the ratification process. >>> the u.s. and south korean defense chiefs have agreed to draw up a joint operational plan to counter potential military action by north korea. u.s. defense secretary, leon panetta and south korean defense minister, kim kwe gwan held talks on friday in seoul. kim said the two countries will complete a plan by the end of the year to respond more effectively to military provocation by north korea. u.s. and south korean forces will strengthen joint exerces in the yellow sea. nor

he traveled to seoul to meet president lee myung-bak and brought something south koreans have wanted returned for many years. noda and lee met at the president's office. noda handed over five volumes of ancient korean archives from the joseon dynasty. the documents had been stored in japan since its colonial rule over the korean peninsula. lee said the handover is symbolic of a path the two countries will follow in the future. noda said japan and korea have had controversies in the past but he stressed they can be overcome if the leaders are determined to improve relations. they agreed to expand a currency swap to help stabilize financial markets shaken by the debt crisis in europe. >> translator: amid global uncertainty, it's important to strengthen currency cooperation to stabilize financial markets. we've agreed to expand our currency swap scheme to $70 billion. >> the financial measure could help prop up the south korean yuan. the currency has been losing strength in the foreign exchange market because of the european debt crisis. >> translator: we've take an big, important step

south korean president. there's a joint meeting of congress at 4:00 p.m. eastern time. up next, "washington journal" is live with your phone calls, followed by today's live coverage of the u.s. house. later, live coverage of the south korean president speaking before that joint meeting of congress. coming up, rep ch

the two ministers also agreed to disagree on the issue of south korean women who were forced to work as prostitutes for japanese soldiers during world war ii. the south korean government is facing growing public calls to get tougher on japan over its refusal to directly compensate these so-called comfort women. kim called for holding government-level talks, but gemba dismissed that proposal saying all the questions relating to wartime reparations between the two nations have already been resolved. gemba has called south korea one of the most important countries with which japan shares vital interests. whether japan will be able to step up future-oriented bilateral tries will be the first hurdle in the noda government diplomacy. this is yukiko shimada, nhk world, seoul. >>> "newsline" is the place to turn to for the latest on japan, post march 11th. we have two segments offering two unique perspectives on the fallout from the earthquake and tsunami. "nuclear watch" brings you insight and information on the impact of the fukushima daiichi crisis, and "the road ahead" examines japan's e

employment because of increased competition from south korean imports. >>> the auto industry is one sectorla hancock reports on what this might mean for u.s. and korean car makers. >> chung su bought his chevrolet three years ago. since then he's been a big fan of the u.s. car, even joining a chevrolet club. but he's not convinced it will lead to an influx in chevrolets in korea. first of all, he says parking spaces in korea are made to fit korean cars. european and japanese cars are okay. the big american cars will have problems. the korean market san attractive one for the u.s. given the phenomenal explosion in car ownership here. back in 1990, there were just over 3 million vehicles on the road. 20 years later, there were almost 18 million. that's an increase of more than 400%. environmental concerns could make some u.s. models undesirable in an increasingly green korea. as part of the fta agreement, korea agreed to lower its strict emission and safety requirements in some cases. car design is also a factor. one fta expert tells me when koreans buy cars, they look for style, design and

is also clear so that relationship is very close it has always been seen with mixed feelings by south koreans and recently i think. the problem growing. agreement on most also those in south korea this alliance needs to be redefined not canceled but really fine and that it needs to grow into a more. equal kind of go over the line so the united states influence is there but its goal changing nature professor to get frank chair of the east asian economy in society at the university of vienna thanks very much indeed for time here on out he could hear from me. by the way that's plenty more stories for you dot com indeed you can see that interview once again if you log on here's a taste of what else is online right now americans consume to see their speech rhythms blinking rate some breathing patterns under cia scrutiny as the latest scheme to track terrorists comes on to find. one of saddam hussein's brawls baltics is going under the hammer that's part of his famous statue of course you can find out what happened after it was torn down all online at all dot com. the expanded eurozone bailout fund

he had enough to buy imported south korean and chinese goods. at the market he saw videos from overseas and heard talk about life outside the people's republic. convinced there was no future at home, he decided to seek a better life elsewhere. another man told japanese officials he's a grandson of a former chairman north korean's supreme people's assembly but the man's claim is hard to verify. on thursday, the south korean unification ministry said north korea had demanded the return of all nine defectors. but south korea said it will respect the group's wishes and refused to hand them over. the government will now check their identities and motives for escaping before helping them to resettle in their new home. >>> friday marked the tenth anniversary of the u.s. invasion of afghanistan. the presence of foreign troops was supposed to be an exercise in rebuilding a nation. but after a decade of fighting, the taliban insurgency is regaining momentum and reconstruction has far to go. on october 7th, 2001, the united states and allied forces began a

he had enough to buy imported south korean and chinese goods. at the market he saw videos from overseas and heard talk about life outside the people's republic. convinced there was no future at home, he decided to seek a better life elsewhere. another man told japanese officials he's a grandson of a former chairman north korean's supreme people's assembly but the man's claim is hard to verify. on thursday, the south korean unification ministry said north korea had demanded the return of all nine defectors. but south korea said it will respect the group's wishes and refused to hand them over. the government will now check their identities and motives for escaping before helping them to resettle in their new home. >>> friday marked the tenth anniversary of the u.s. invasion of afghanistan. the presence of foreign troops was supposed to be an exercise in rebuilding a nation. but after a decade of fighting, the taliban insurgency is regaining momentum and reconstruction has far to go. on october 7th, 2001, the united states and allied forces began a

in countries like south korea, going online seems to have become a necessity. >> [speaking korean] >> usually, i go online as soon as i wake up. on average, i use the internet for about 6 hours a day. >> in a unique experiment, the bbc has removed internet access from 2 families for a week, in this the most wired nation on earth. >> in other parts of the world, the digital superhighway still hasn't reached its destination. how many people here actually know what the internet is? [indistinct chattering] >> internet? anybody? now, though, we're going to be providing internet access to this village in northern nigeria. so, what happens when we turn the internet on here? >> and off here? [indistinct chattering] >> it's not exactly the information superhighway. [bleating] welcome to the village of gitata, 2 1/2 hours north of the nigerian capital abuja. what strikes you as you arrive in gitata is the fact that it seems so disconnected from even the rest of the country. it's not part of the national electricity grid, so most of the people here get their information through battery-powered r

lawn, where president obama and vice president biden and the first lady are about to greet the south korean president and first lady, president li's official visit comes a day after congress, approved a free trade agreement between the united states and south korea, following this welcome ceremony. presidents obama and li will hold several bilateral meetings today and a joint press conference this afternoon. tonight the president will be honored with a white house state dinner. now, they have been going back and forth this morning, by the way, about whether to hold that event inside or outside, because it is a very wet washington, d.c. morning. >>> all right. our new nbc poll shows another silver lining for democrats. anxious about the president's re-election bid. on a generic ballot, congressional democrats are in their best showing in almost two years. 45% say they want democrats in charge of congress, just 41% pick republicans. it's actually a ten-point sing swing since august when republicans held that lead 47% to the democrats' 41. new york congressman steve israel is chairman of the d

this morning the first lady and the south korean first lady will visit annandale high-school. - is home to a large korean-american population. >>> umar farouk abdulmutallab pleaded guilty to a pair of charges yesterday, admitting that he tried to blow an airplane in 2009. attorney general eric holder pruettsays this proves u.s. courts are good for terror trials. >>> mohamed sued was videotaping protests and would send them to syrian authorities. he will be in court. >>> several experts testified that dr. conrad murray did not have the equipment and expertise to give michael jackson the anesthetic propofol as a sleep aid. the prosecution is expected to wrap up its case in the next few days. >>> attorneys for john edwards want federal charges against him dropped. yesterday edwards' attorney filed papers accusing federal prosecutors of making a case based on political motivation. the former presidential candidate is accused of using campaign funds to cover up an affair whipped riel hunter. >>> there's a new study about teenagers and sex. the results might surprise you. according t

obama hosted the south korean president lee myung-bak and his wife. among the guests were tennis legend billie jean king and actor john cho. mr. obama gave a toast and had words of praise for south korea. >> most of all to the enduring alliance between our nations, a partnership that will never be broken. >> the menu for the night included texas beef, vegetables on the white house garden, and the chocolate cake with asian and american pears. a trio of sisters born in south korea can and brought up in new york performed. >>> 11 days after she went missing, there's still no sign of a missing missouri baby. investigators launched a massive search for 10-month-old lisa irwin, seen on october 3. they have no suspects or leads in the disappearance. her the family hired a private investigator to help with the search. >>> investigators may have a possible motive in the deadly rampage at a california where salon. accused gunman scott de kraai was angry about a custody dispute with his ex-wife. police say that she was one of eight people who died in the shooting

well the united states traditionally have a very strong influence of the day to build south korea or in the korean war they were the biggest partner supporting south korea's economic growth and they have also supported the role of open democracy in south korea so that relationships require was it has always been seen with mixed feelings myself from loons and recently i think i have a problem growing. agreement on most all circles in south korea that is alliance needs to be redefined not canceled but really fine and that it needs to grow into a more. equal kind of an alliance so the united states influence is there but it will change in nature professor to frank chair of the east asian economy and society at the university of vienna thanks very much in the few times on nothing you could hear from. by the way the more stories for it r t v dot com indeed you can see that interview once again if you log on here's a taste of what else is online right now americans consume the see their speech rhythms blinking rate some breathing patterns under cia scrutiny as the latest scheme to track terrorists comes

. >> he was joined by the south korean president on a tour of general motors in michigan. they talked about a new trade deal between the countries. it was also a chance for the president to highlight the jobs he saved in the automobile industry. >> at a general motors plant in michigan president obama told workers that his $60 billion role of the dice was worth it. >> the investment paid off. >> two years ago with the u.s. automobile industry on the brink, he decided to loan taxpayer money to general motors and chrysler after both declared bankruptcy and needed financing to restructure. that decision, he said, saved countless jobs. >> of hundreds of thousands of jobs that have been saved made it worth the amount the president and his south korean counterpart - >> he knows how to get on your good side. >> celebrated a new free-trade deal. they also checked out the chevy sonic. while mr. obama celebrates the turnaround washington continues to grapple with how to create more jobs in other sectors. earlier in the week, the president's jobs plan of tax cuts and at the structure

south koreans in their 30s or 40s in 2030 will have to pay an average of nearing $16,000. the huge estimated cost reflects the economic gap between the two koreas. in 2009, the south had 37 times the gross national income of the north. south korea will use cost estimates when it considers how it would get the money to pay for union i have indication. the president already suggested a new tax. >>> time to check on some of the stories we gathered from broadcasters around asia. we begin with this item from china. heavy rainfall caused by trorms inundated low lying areas wednesday, disrupting traffic and prompting evacuations. rainfall in the provincial capital reached 333 millimeters in just 24 hours. over 24,000 residents were evacuated to temporary shelters, and provided with blankets and other basic goods. the local weather department forecasts more rain in the next two days. >>> they think the hindu god is in the biggest festival in bangladesh. the five day event represents the victory of good over evil. they sing hymns and praise god. last day of the event. thousands join

i hope my words will be felt in the hearts of all south koreans when i say to our allies, our partnersr dearest friends, please accept our warmest welcome. [applause] >> [speaking korean] >> today we welcome a leader whose remarkable life embodies the life of his nation. from an impoverished child who drank water to fill his hungry stomach to a student who cleaned the streets to pay his tuition to the activist sent to jail for protesting dictatorship to the leader died in his country to new heights, my good friend and partner -- the leader guiding his country to new heights, my good friend and partner, president lee. >> [speaking korean] >> today we celebrate an alliance routed in the shared values of our freedom. the students, workers, and entrepreneurs who work together to create opportunities and prosperity. and our families, bound by the generations, including many who are here today, proud and patriotic caribbean-americans -- korean-americans. >> [speaking korean] >> president lee, our two nations have stood together for more than 60 years. over the past two years, but deep in our

they were also patrol vessels near the south korean coast. the defectors then traveled towards a 38th parallel between the two koreas. they planned to turn there and head to south korea on the third day. but the weather took a turn for the worse. the defectors lost control of their boat. they eventually decided to let it drift towards japan. they thought they would be able to go to south korea if they were rescued in this country. ♪ ♪ >> reporter: a fashionable japanese female pop group staged their first pop concert in shanghai in late september. most fans there were born in the 1990s. the venue was filled with enthusiasm and passion. this generation grew up using the internet. and has been learning about the cultures of other countries, including japan since their childhoods. china has gone through a huge transformation during this period. in 1989, pro democracy demonstrations in beijing's tiananmen square were severely put down. during the '90s as the country was undergoing reforms under the open-door policy proposed by the late chinese le

is fta will kill south korean farming. that's why i'm absoluty against it. >> later demonstrators clashed with police forces as he marched towards parliament. water cannons were used to prevent protesters from breaking through the compound of the national assembly. the south korean party plans to ratify the free trade agreement by the end of this month, but the opposition bloc demands more discussions citing insufficient compensation for farmers our corrpondent in seoul says strong opposition to the fda could delay the ratification process. >>> japan's prime minister, yoshihiko noda, is urging lawmakers to cooperate on a series of budget-related bills. the bills focus on the reconstruction of areas hit by the march disaster and measures to tackle the strong yen. in a speech before the diet on fridayno touched on the thirdupementary draftudget submitted earlier today, worth 12 trillion yen, or about $160 billion. >> translator: what this diet must achieve is clear. in order to significantly accelerate the reconstruction eff

/south korean fta agreement. prime minister yoshihiko noda is ordering his officials and li doctipay ecives to quickldecide on whether japan should participate in tpp negotiations. >>>he central european country of slovakia has endorsed a plan toureruprt debt-strappeded nations and troubledbanks s ai uchida has te story. >> svaa approved the bailout of the fund it is designed to contn e eopn credit skies are and this means all 17 euro zone nations have now endorsed theeare >> reporter: on thursday, tre waa an to bolster the facility by a vote of 114-30. the facility providesunngo fiscally troubled euro zone countries. on tuesday, however, the parliament rejected the bill. some members of the governin coition abstained from voting amid public opposition to bailing out debt-ridden unie le ee. thursday's approval came after thrungoati gne support by agreeing to hold general election two years earlier than scheduled. >> translator: i would like to thank all the lawmakers who voted in favor of the bill. slovakia will

the south korean president's nickname is the the bulldozer.he bulldozer, which is awesome sounding, the sort of nickname if earn an american that would indicate he runs rough shod over people, doesn't take no for an answer always gets his way, knocks down opponents no matter. what the bulldozer, like former republican majority leader tom delay who earned his nickname the hammer when he was imagine juror whip and endorsed discipline with the ten nasty of a honey badger. not what they mean by the bulldozer in south korea, way more literal about t lee myung-bak got the nickname the bulldozer earlier in his career because he took apart a

woch out for that south korean company. have a great weekend. back to you. >>> to you as well.ollywood wants you to wait longer to rent a new movie. currently knew movies aren't available to work until 28 days after the dvd goes on sale. some major studios pushing to lengthen that waiting period to two months. they're looking for ways to bolster dvd sales. purchases for online viewing as well. worner brothers, comcast already imposed the 28-day rental delay on new releases. comcast owns this tv station. sales of dvds fell 6% last year. let's check in be christina. >> good morning. a lot of people celebrating halloween a little bit early this weekend. it's going to be on the cool side. but hey. i'm sure you'll tear still wear a costume. make sure i have a jacket with you all weekend long. cool overnight. in the morning, this is the coldest time of day. you have 2 degrees warmer up in santa rosa this morning. so a hint warmer than yesterday. we were in the 30s. we'll see a couple of upper 30s. that's it. as you can see here, low pressure is moving closer and closer to the bay are

south koreans have served bravely with us in afghanistan and iraq.red with us to revent piracy off the shores of africa and stem the spread of weapons of mass destruction. once a recipient of aid, south korea has become a doe far nation supporting development from asia to africa. and under the president's leadership, seoul served as host of the g20 summit last year and will host the next nuclear security summit next year. south korea's success is a tribute to the sacrifices and tenacity of the korean people. it's also a tribute to the vision and commitment of president lee. and, mr. president, you have shown how the international community should work in the 21st century. more nations bearing the responsibility of meeting global challenges. in the face of unprovoked attacks on your citizens, you and the south korean people have shown extraordinary strength, restraint and resolve. and i'd add that in all of our dealings president lee has shared my focus on what matter most; the security and prosper by of our citizens. and that, again, has been our foc

korean workers get. in 2007, the then-prime minister of south korea, is now the current south korean ambassador to the united states said, and i -- quote -- "-- ambassador to the united states said --" the planned ratification of the south korea-u.s. free trade agreement will pave the way for the export of products built in kaisong, north korea, to the u.s. market." end of quote. isn't that wonderful, isn't that wonderful? bad enough for the workers of our country to have to compete against people in china and vietnam, people making 20 cents an hour, 30 cents an hour. now we're asked to compete against slave labor in north korea. that's the treaty that people will be voting for today. mr. president, i think a lot of folks have mentioned in terms of colombia the assault on trade unionists there. since 1986, some 2,800 trade unionists have been assassinated. less than 6% of these murders have been prosecuted by the colombian government. and last year alone, last year alone in a small country, more than 50 trade unionists were assassinated in colombia, up 9% from 2009. now, i would ask you, mr. president, if in

the south korean government is facing growing public polls to get tougher on japan over its refusal to directly compensate these so-called comfort women. kim called for holding government level talks, but he dismissed that proposal saying all questions about wartime represent ar agencies between the two nations have already been resolved. he called south korea one of the most important countries with which japan shares vital interests. whether japan will be able to set up future bilateral ties will be the first hurdle in the government diplomacy. >>> japan, china, south korea and the association of southeast asian nations are expected to agree for each country to stock pile rice. the pact is to deal with possible food shortages after natural disasters. food security is likely to be a major topic in a meeting of foreign ministers from the asian countries friday. the agriculture minister will visit japan or rather will represent japan. in addition to stockpiling emergency rice, the ministers are expected to agree to supply rice to nations in need of food. final arrangements are under way

[applause] >> the white house held a state dinner last night for the south korean president who is visiting the u.s. this week. the two leaders took to the relationship the two countries share and the trade deal that was ratified wednesday by the senate hours before the south korean president arrived in washington. this is 22 minutes. >> i want to acknowledge two guests in particular, another son of korea dedicated to peace and security, the secretary general ban ki-moon is here. [applause] and our first career in american ambassador to the republic of korea, confirmed by the senate today, ambassador sun kim. [applause] >> [speaking korean] >> i will be very brief tonight because president lee has had a very full day [laughter] as well as extended meetings and press conferences, the state department bankrupt, and an address to congress which went extraordinarily well, i understand there is a people why -- there's a reason why people call him the bulldozer. he is unstoppable. [laughter] [korean translation] >> mr. president, you have spoken with great eloquence about what america and our all

that's fair. >> the experiment with our brave south korean volunteers have taken part in has showed howr good and for ill, the internet has become such an integral part of so many aspects of daily life here-- leisure, education, shopping, and socializing. let's see if in a few brief weeks it has begun to make the same sort of impact on the villages of gitata in nigeria. >> it certainly has. >> i was thinking as if i was alone. but now i found myself in the midst of people. there is no difference between the city and the village now, heh, with this present of mobile phone. anything you get in america, i will get it in gitata. >> one major problem has developed, though. there's forecast to be 1 1/2 billion new internet users in the next 2-3 years, double the current total. most of those will be in the developing world where, as for the villagers here, network providers often demand payment to get into websites. and there's the other cost of getting the mobile phones recharged. so, moses, tell me. how much does it cost for you to get access to the internet? >> it costs me only 500 naira to

the south korean president's nickname is the the bulldozer.od over people, doesn't take no for an answer always gets his way, knocks down opponents no matter. what the bulldozer, like former republican majority leader tom delay who earned his nickname the hammer when he was imagine juror whip and endorsed discipline with the ten nasty of a honey badger. not what they mean by the bulldozer in south korea, way more literal about t lee

. >> president obama and south korean president li-mun-bak visited a plant. workers cheered when they saw the south korean president wearing a tigers cap. he says he and president obama are kept awake with one problem: providing jobs. >>> and some emergency training today >>> but the bay area is perfect but changes are coming >>> we are outside the apple store in los gatos where the first people walked out. we'll show you the demo that most people like the most. what do you think of this one? really? what's this? this is a rose i made from a turnip. let's try together. perfect. two worlds that fit in one kitchen. come in today and save up to 20% on a kitchen from ikea. i'm a curious seeker. i am a chemistry aficionado. diphenhydramine. magnesium hydroxide. atheletes foot. yes. i'm a people pleaser. if elected, i promise flu shots for all. i am a walking medical dictionary. congratulations virginia. inflamed uvula. i'm virginia. i'm a target pharmacist and i'm here to answer your questions. i ride muni every day. i enjoy it the most when i'm with sidney. she d

. >>> at the white house, the president and first lady had a reception for the south korean president and his wife. in his post mr. obama said that lee is nicknamed the bulldozer because he is unstoppable. the president pushes his jobs plan today. back in washington, senate republicans are pushing their own very different program. susan mcginnis lays it all out in washington for us this morning. susan, good morning to you. >> good morning, terrell. the two presidents head to michigan today and talking about how the new trade deal will create jobs around the country and in the auto industry. meanwhile, here in washington, republicans are trying to gain support for their own very different job-creating ideas. just a day after praising a new trade deal with south korea. >> the korea free trade act we believe will create 70,000 jobs. >> reporter: president obama will head to michigan today with south korea's president to tour a gm plant that is using south korean parts. thursday the president said the u.s. auto industry and farmers and manufacturers will benefit in particular from the new

obama hosted their fifth formal state dinner at the white house to honor south korean president lee and his wife. mrs. obama wore a purple one-shoulder gown created by a korean designer. mrs. lee wore a traditional korean outfit. and among those on the guest list, our very own juju chang from here at abc. >> exciting. >> nice honor. i guess next time. next time. >>> now, for this morning's weather from around the nation. drenching rain in from boston to washington, d.c., with the heaviest downpours in new york and new england. showers around pittsburgh, cleveland and detroit. cooler across the midwest and northern plains. showers in seattle and portland. scattered thunderstorms in south florida. >> your temperatures from east-to-west. 86 in miami. 76 in atlanta. and 73 here in new york. 60s from omaha to detroit. and 57 in fargo. mostly 70s from albuquerque to boise. phoenix gets up to 96. sacramento, 83. >>> and business news is next, including big changes at the gap. set to close dozens of stores. >>> and it's iphone day. and just wait who we caught waiting in line for the new model.

obama will head to michigan today with south korea's president to tour a gm plant that is using south korean parts. thursday, the president said the u.s. auto industry along with american farmers and manufacturers will benefit in particular from the new agreement. he used it to prove compromise is possible on capitol hill. >> this trade deal that we just passed shows that we are happy to work with republicans where they are willing to put politics behind the interest of the american people. >> reporter: but when it comes to creating jobs, president obama and the gop are still far apart. senate republicans are now floating their own jobs plan and it doesn't include a single item from the president's bill. >> the president's plan does nothing new. ours is the way to go. >> reporter: the gop proposal calls for repealing the president's health care law and requiring a balanced budget. it would also lower corporate and individual tax rates and ease government regulations on businesses. >> this is a bill that can pass if the democrats will open their eyes and work with us. >> reporter: president o

scandal has rocked russia's speed skating team ahead of the fast approaching new season three south korean short track coaches were given the marching orders after an apparent abuse of power the same has been training at a camp in salt lake city in the usa where the skaters were reportedly exposed to some harsh treatment from head coach jimmy jang he and a couple of his assistants apparently applied to the three in formula of he even survives he is the champion the last door said to come when a skater was given a fine of thirty laps for adopting the wrong pose resting after a grueling training session. now the athletics track that will be used for next year's london olympics has been shown off for the first time and has a traditional reddish appearance to satisfy the world's broadcasters television companies want to use the running arena to complement the stadiums black and white seats and the green grass of the infield. and among the first to try it out was school children as well as british athletes who praised the surface which is similar to the one used at the recent well championships

countries are competing only against south korean imports. third, we use a yarn forward rule of origin requiring that yarn production and all operations forward happen in south korea or the united states. the agreement will open up significant new commercial opportunities for u.s. textile and apparel exporters. south korea is the 10th largest market for textiles. it's estimated that tex -- textile exports will crean 85% to 92% and apparel exports will increase 39% -- 39 million to 45 million, 129 focht 147%. u.s. textile exporters are at a diadvantage vis-a-vis european textile and apparel exporters. as a result of the e. pumplet-south korea f.t.a. entering into force, e.u. textile and apparel exporters face an avepblg tariff of just .1%. mr. westmoreland: further, mr. chairman, what has the ways and means committee done to ensure textiles from china do not illegal enter the u.s. through cree in a? -- korea? mr. camp: we are working with u.s. customs and the koreans to address this problem. in addition, u.s. customs an south korean customs hav

south korean companies, major companies, pay the north korean government. they take a piece of the action, going to the most undemocratic, vicious dictatorship in the world. products then go to south korea. and then they are part of the free trade agreement with south korea. in 2007, the then-prime minister of south korea and is now the current south korean ambassador to the united states said, and i quote -- "the planned ratification of the south korea-u.s. free trade agreement will pave the way for the export of products bailed in kaison, north korea into the u.s. market." end of quote. what we have now is american workers forced to compete against desperate people all over the world who are making a tiny fraction of the wages that are paid in america, forced to compete against countries where there are no environmental standards, where workers, unions are not recognized or respected, but now it gets even worse. american workers are now being forced to compete against the virtual slave labor in north korea as part of this trade agreement. mr. president, wh

. >>> president obama and the south korean president toured a general motors plant in michigan today.will create more jobs in the auto industry but it is other jobs that has many worried. >> reporter: at a general motors plant in michigan, president obama told workers his $60 billion roll of the dice was worth it. >> ~i can stand here and say the investment paid off. >> reporter: two years ago with the auto industry on the brink, president obama decided to loan taxpayer money to general motors and chrysler after both declared bankruptcy and needed financing so they could restructure. that decision, mr. obama says, saved countless jobs. >> the hundreds of thousands of jobs that have been saved made it worth it. >> reporter: the president along with his south korean counterpart, president lee, sporting a tiger's hat, celebrated a new free trade deal and checked out the chevy sonic, only sub-compact car made and sold in the u.s. yet washington still continues to grapple how to create more jobs in other sectors. earlier this week, the president obama's jobs plan was rejected. senate repub

ship those goods over that is a different angle that i have and what's fascinating is that the south korean treed union movement was against the south korea free trade agreement even though some people said it meant more jobs because it also meant more goods could be coming from china and they'd be quickly assembled in south korea more workers go to north korea so the south korean units were actually against it because they saw it as the first that undermining them that is super interesting and what about american jobs because from what i've read i think the economic policy institute estimates that just the career free trade agreement free trade agreement could result in the loss of one hundred sixty thousand or so american jobs over the course of several years or there's no doubt about it i mean this is the largest expansion of the free trade area since of mess after and the history of that of nafta has been bad for every country. and so what we have here is a situation where these you know these massive shipping jobs overseas like general electric who is close thirty three factors in the

stateth l > southee's visit continued -- south korean continued's visit friday after visiting a detroit with obama. there is a south korean trade agreement and present obama to vended the rescue of chrysler and this event is about half an hour. >> this gets about 40 miles per gallon. [applause] [applause] >> hello, detroit. hello. everybody please have a seat. it is great to be back in the motor city. [cheers] [applause] i noticed the mood is a little brighter on this particular visit i would like to think it is because everybody is excited about the korean free trade agreement but i expect it might have a little to do with your lions beating up on my bears. [cheers] all right, all right, all right. don't get carried away now. [laughter] not to mention your tigers hanging in there last night. [cheers] as you can see, president lee is a pretty good politician. [applause] he knows how to get on your good side. [applause] today i brought a good friend and one of our closest allies, president lee of south korea. some of you may know that he has an incredible story. he grew up a little ways

later on, the south korean president comes to congress for a speech before the joint session. and then to the white house for a state dinner. lots of festivities marking the free-trade agreement with south korea. we open up our phone lines for your comments this morning. here are the numbers -- as always, you can also be involved with email or send us a tweet. thursday morning. it is a foggy day in the nation's capital. we will try to break through all of that with the discussion of the passage of the free-trade agreement. with so much discussion about the economy, we would like to hear what you think about this and whether this is a plus for the economy. whether it will be a job creator or something that will affect jobs in the united states in a negative way. all lines are open and you can send an e-mail or tweet or comments on facebook. a story from "the new york times" about this. someone who has been following these trade negotiations for quite awhile, writes for bloomberg and business week -- "bloombergbusinessweek" has a story about the passage. what do you think about t