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Morning Newsdome: South Korea's ready to unify with the North. Your turn, Kim Jong-il December 29 2010

A daily news round-up of all that's important from around the world

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>> South Korea announced today that it will prepare for unification with North Korea next year, to the obvious annoyance of North Korea and China. Keeps your friends close, and your Kim Jong-il closer. (the Christian Science Monitor)

>> The Vatican will issue new rules tomorrow to make its financial transactions more transparent after Rome prosecutors seized 23 million euros ($30.2 million) in September after a money laundering probe. How will the Pope afford his Prada shoes now? (USA Today)

>> Five suspected Islamist militants, including three Swedes, were arrested today for planning an attack on the Danish newspaper that printed cartoons of Muhammad in 2005. Denmark's Justice Minister called it the country's most serious terrorist plot. Not a good day to work at a newspaper. (BBC)

>> Housing prices in all twenty major measured cities dropped by 1.3 percent, the third monthly fall on record. Economists believe we're returning to the rock bottom prices of April 2009. Don't you hate double-dippers? (the Wall Street Journal)

>> And finally: A federal judge has decided that Lisa Murkowski will be an Alaskan Senator after winning as a write-in candidate by more than 10,000 votes. Her opponent, Joe Miller, initially delayed certification because Murkowski's write-ins were spelled incorrectly, but the judge has since decided you can't blame Alaskans for being bad spellers. Thanks Sarah Palin. (the New York Times)






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