SEOUL (Reuters) – South Korean President Lee Myung-bak on Wednesday said North Korea should face reality and consider bringing about a "transformation", adding that Seoul will monitor changes in the secretive North. Lee's comments were included in a televised speech to mark Korea's liberation from Japanese colonial rule from 1910-1945, and follow signs that North Korea's new young leader, Kim Jong-un, may be planning to carry out reforms. Lee also urged North Korea to adhere to UN resolutions aimed at deterring Pyongyang's nuclear ambitions. … Indian PM pledges to attract more foreign investment
Indian Prime Minister Manmohan Singh used his Independence Day speech on Wednesday to promise to improve conditions for foreign investment in the country after a sharp downturn in economic growth. Insight: Chavista militants may be wild card after Venezuela vote
CARACAS (Reuters) – Sitting in front of a mural of Jesus and the Virgin Mary armed with AK-47s, three red-shirted children are clutching assault rifles and copies of Venezuela's constitution. The photo, taken in a poor Caracas neighborhood and posted online earlier this year by the militant left-wing group "La Piedrita" (The Little Stone), triggered outrage across the South American nation and beyond. … Tibetans protest Chinese police 'brutality': group
Hundreds of Tibetans demonstrated in northwest China on Tuesday after police beat four people, an exile group and a US broadcaster said, following a recent string of self-immolations in the region. Colombia court rules strike at country's main coal railway illegal
BOGOTA (Reuters) – A Colombian court declared a strike at the country’s main coal railway illegal on Tuesday, dealing a blow to the union’s action for higher salaries, and giving the privately held railway operator the ability to fire workers who walked off the job three weeks ago, officials said. The 23-day strike by workers at the railway operated by Fenoco has shut off more than 50 percent of coal exports from Colombia, the world’s No.4 coal exporter, causing major coal producers to declare limited force majeure and cutting the country’s exports by an estimated 4 million tonnes this year. …
New storm hits north Philippines; at least 2 dead
A second tropical storm in as many weeks battered the northern Philippines on Wednesday, killing at least two people, as forecasters warned that the still-reeling capital could see more flooding. 
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