Daily Kor for January 2, 2011: Happy Nuke Year!

Happy New Years, this time for everyone. I wish I could have been one of the 80,000 who gathered downtown for the Poshin-gak Pavilion bell-gonging (also here), but oh well.

1. North Korea warns that war would "bring nothing but nuclear holocaust," while vowing better ties with South Korea (AP via WaPo, Bloomberg, WSJ, CNN)
• North Korea also calls for economic revival ahead of centenary of Kim Ilsung's birth (Yonhap)
2. Two dead and fifteen missing as North Korean cargo ship sinks in Yellow Sea (Yonhap)
3. ROK President Lee upbeat about peace and economy in 2011 (Yonhap, Korea Times)
4. Ruling and opposition lawmakers jointly propose "unification tax" (Yonhap)
5. In New Years message, Japanese PM Naoto Kan vows economic partnership agreements with South Korea, EU, and Australia (WSJ)
6. South Korean exports rise for 14th straight month (Bloomberg)
• Trade surplus reaches record $41.7 billion in 2010 (Yonhap)
7. North Korean rulers reportedly building more palaces in preparation for Kim Jong-un's rise (UPI)
8. In speech to We're Waiting club in Omaha, Nebraska, former Alaska Governor Sarah Palin demonstrates how fisting can be an acceptable alternative to sinful vaginal intercourse (Fox)