BANKING AFFAIRS

Detailed explanation-1: -South Korea President Moon Jae-in has been actively pushing for reconciliation with the North. At summits over the past year, the Koreas agreed vowed to resume economic cooperation and to jointly bid to stage the 2032 Summer Olympics.

Detailed explanation-2: -Our small and dedicated team were extremely busy last year covering the re-arranged Olympic and Paralympic Games in Tokyo, an unprecedented logistical challenge that stretched our tight resources to the limit. The remainder of 2022 is not going to be any less busy, or less challenging.

Detailed explanation-3: -History. Since the conclusion of the Korean War, North and South Korea have existed as separate countries, with both claiming to be the sole legitimate government of all Korea. Both nations participate in international sport as individual countries; unified teams are exceptions to this practice rather than the norm.

Detailed explanation-4: -The Republic of Korea’s run at the 2022 FIFA World Cup in Qatar has ended. Despite a late goal from Paik Seung-ho, the Koreans could not complete what would have been a comeback for the ages against a Brazilian team that scored four times in the first half of their game in the round of 16.

Detailed explanation-5: -South Korea became the penultimate team to qualify for the round of 16 at the FIFA World Cup 2022 with a thrilling 2-1 win over Portugal in its final Group H fixture in Doha on Friday. South Korea finished tied with Uruguay on four points but qualified for the knockout stage on the account of having scored more goals.