DOGFIGHT TO SELL FIGHTERS TO SOUTH KOREA.

Russian, U.S., and European aircraft producers, all attending a South Korean air show last week, were said to be competing intensely for a piece of Seoul’s multi-billion dollar air defense modernization program. Reports described the McDonnell Douglas Corp.’s F-15E, Dassault Aviation’s Rafale, Russia’s Sukhoi Su-35, and the Eurofighter 2000 as top contenders for the contract. South Korea plans acquire 120 aircraft by the year 2010. (Reuter, October 28)

IMF Mission to Lithuania.