NEWS THAT MAY HAVE AN EFFECT ON MARKETS

DMK ministers quit UPA government

Chennai: In a dramatic culmination to a tense day, the Dravida Munnetra Kazhagham has withdrawn support to the United Progressive Alliance government at the Center.
In a statement, the party said it would provide "issue based support" to the Manmohan Singh-led government. Meanwhile, the party has asked its ministers to resign from the Federal Cabinet.
DMK chief M Karunanidhi said he was surprised by the Congress attitude, and said the Congress demands led him to suspect that the Congress was trying to remove the DMK from the UPA.......

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ANOTHER NEWS:

North Korea threatens to attack South Korea, US

North Korea threatened Sunday to enlarge its nuclear arsenal and "mercilessly" attack South Korea and the United States, as the allies prepared for joint military drills which the North considers a rehearsal for invasion.
North Korea routinely issues threats over the annual joint military drills, but its latest warning could rekindle tensions that rose sharply after two recent deadly incidents blamed on the North.
North Korea called the South Korea-U.S. drills, which begin Monday, a "dangerous military scheme."

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