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DPRK cabinet meets on economic issues,[link widoczny dla zalogowanych]
The cabinet of the Democratic People's Republic of Korea (DPRK) recently met to summarize last year's economic achievements and determine the guidelines for this year's economic task,[link widoczny dla zalogowanych], the official Minju Choson newspaper reported on Sunday.
According to the report,[link widoczny dla zalogowanych], many sections of the national economy overfulfilled the production plan especially on the scientific development and completed hundreds of important programs,[link widoczny dla zalogowanych], contributing to the normalization of the production and the modernization of the national economy and creating precondition to great improvements of people's living standards.The meeting stressed the guideline to prioritize the development of light industry, asking all the enterprises of the industry to complete the production plan unconditionally in order to promote rapid change of the DPRK's light industry.
The meeting also underlined that improving economic management is an urgent issue to energize the national economy. Work should be done to seek profit through scientific management,[link widoczny dla zalogowanych], especially strengthen the activity and creativity of the workers according to the principles of Korean socialistic economy management.A New Year editorial jointly issued by leading DPRK newspapers on Jan. 1 was titled "Bring about a Decisive Turn in the Improvement of the People's Standard of Living and the Building of a Great, Prosperous and Powerful Country by Accelerating the Development of Light Industry Once Again This Year."
Swedish H&M Group's profit up 15 percent in 2010
The Swedish fashion company H&M Group's profit increased to 25 billion kronor (about 3.9 billion U.S. dollars) in 2010,[link widoczny dla zalogowanych], the company said its yearly report Thursday."2010 was a very good year for H&M with a sales increase of 15 percent," Karl-Johan Persson,[link widoczny dla zalogowanych], CEO of the group,[link widoczny dla zalogowanych], said in a statement.
But profits after financial items in the fourth quarter last year amounted only to 7.2 billion kronor (about 1.1 billion U.S. dollars),[link widoczny dla zalogowanych], a decrease of 10 percent compared with the same period of 2009.Persson cited an increase in raw material prices and the strengthening of the kronor as the reasons for the decrease of profit.
Sales excluding value-added tax (VAT) also increased by 15 percent in the local currencies in the fourth quarter of 2010,[link widoczny dla zalogowanych], amounting to nearly 30 billion kronor (about 4.7 billion U.S. dollars)."In 2011,[link widoczny dla zalogowanych], we plan to open around 250 stores net in new and existing markets. We will open in five new markets. At the same time, we are expanding our online and catalogue sales,[link widoczny dla zalogowanych]," said Persson.So far,[link widoczny dla zalogowanych], H&M Group has opened more than 2,[link widoczny dla zalogowanych],000 stores around the world.
Actor Sheen checked into rehab center
Actor Charlie Sheen checked himself into a rehabilitation center on Friday,[link widoczny dla zalogowanych], his publicist said.The "Two and a Half Men" star has voluntarily entered a rehabilitation institution a day after being hospitalized for "severe abdominal pains,[link widoczny dla zalogowanych]," publicist Stan Rosenfield said. He refused to provide any other details.
The move has forced CBS Corp. and Warner Bros. Television to halt production of top-rated comedy "Two and a Half Men," which is scheduled to resume Tuesday."Due to Charlie Sheen's decision to enter a rehabilitation center,[link widoczny dla zalogowanych], CBS,[link widoczny dla zalogowanych], Warner Bros. Television and executive producer Chuck Lorre are placing 'Two and a Half Men' on production hiatus," the studio said in a statement.
The 45-year-old comedian,[link widoczny dla zalogowanych], beset by personal and health problems, was released late Thursday night from Cedars-Sinai Medical Center in Los Angeles,[link widoczny dla zalogowanych],[link widoczny dla zalogowanych], where he was rushed by ambulance Thursday morning for "having severe abdominal pains," Rosenfield said.Sheen signed a two-year contract in May that made him one of the highest-paid actors on prime-time television, the Los Angeles Times reported.