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South Korea cinema has been booming since about 1999 with locally produced films often out grossing Hollywood fare at the Korean box office. Films such as

Cloverfield

Lee Myung-bak looks likely to be South Korea's next president after exit polls show he has won a landslide victory, as voters overlook fraud allegations hoping he can revive the economy.

Exit polls are showing Lee Myung-bak, a conservative former mayor of Seoul, winning South Korea's presidential election. Voters overlooked fraud allegations in hope that the former Hyundai CEO will revive the economy. Lee, of the Grand National Party, received 50.3 percent of the vote.

Three of the best films are up against each other on opening night. Justin Lin's

Soldiers in Myanmar try to crush dissent by breaking up street gatherings of activists, occupying key Buddhist monasteries and cutting public Internet access, raising concerns of a wider crackdown after at least 10 people were killed this week.

Concerns over food safety, traffic and air problems and press freedoms, continue to dampen China's build up to the 2008 Olympic Games. But as the country marks one year to go before the games begin at 8:08 on 08/08/08, they say they are right one track toward their goal of hosting the best games ever.

Chinese and Olympic officials are set to mark a year-long countdown to the Beijing Olympic Games, which begins on 08/08/08. China wants to spotlight its international prominence, but concerns remain about its pollution, traffic, and food safety.

A Taliban spokesman is warning that 21 South Korean hostages will be killed if Afghanistan President Hamid Karzai does not release militant prisoners. Karzai refused to make a deal after a meeting with President Bush.

There are 21 South Korean hostages still in custody of the Taliban in Afghanistan. The group belongs to the same church near Seoul, and was taken hostage by the Taliban July 19. The incident highlights the hazards for the thousands of missionaries who head to danger zones every year.