ARIRANG NEWS 12:00
Coming up today,... it′s business as usual for the embattled floor leader of Korea′s ruling party. He′s chairing a meeting at the National Assembly as the infighting over whether he should stay... or resign intensifies.
The Korean government lays out a ten-and-a-half billion U.S. dollar extra budget designed to reinvigorate an economy struggling to overcome weak consumption and the aftereffects of the MERS outbreak.
Plus,... Korea′s biggest sporting event of the year the 2015 Gwangju Universiade officially kicks off tonight with a grand opening ceremony. Stay tuned for these stories and more.
Hello... it′s noon on Friday the third of July... you are tuned in to our midday newscast here on Arirang TV.
Thanks for joining us,... I′m Mark Broome.

Title: Fireworks expected at House Steering Committee meeting
We begin with news from the National Assembly....
Amid the political feuding,...the delayed House Steering Committee meeting involving the ruling Saenuri Party, the main opposition New Politics Alliance for Democracy and secretaries from the presidential office of Cheong Wa Dae got underway this morning.
Today′s session is garnering particular interest as embattled ruling party floor leader Yoo Seong-min is chairing the session to oversee the presidential secretariat.
Yoo′s presence at the meeting is a sensitive issue in lieu of President Park Geun-hye′s demands for his resignation following her veto of the recently endorsed revision of the National Assembly Act.
Internal strife has been rampant within the ruling party as Park′s sympathizers have also been calling for Yoo′s resignation.
The main opposition New Politics Alliance for Democracy is expected to question the president′s secretaries over her veto of the bill enabling lawmakers to request changes to government decrees.
The house steering committee meeting scheduled for yesterday was postponed at the request of the ruling party before the two parties eventually agreed to open the meeting today.

Title: Former PM, governor indicted on alleged bribery charges
Wrapping up their near three month-long probe into a major bribery scandal,... prosecutors on Thursday indicted former Prime Minister Lee Wan-koo and incumbent provincial governor Hong Joon-pyo on charges of taking bribes from deceased businessman, Sung Woan-jong.
The special prosecution team alleges that Lee took 27-thousand U.S. dollars from Sung when he was running for a parliamentary seat at a by-election in April 2013.
They also allege Gyeongsangnam-do Province Governor Hong took nearly 90-thousand dollars in illegal political funds from Sung in June 2011.
The investigation team, however, decided against indicting the other six politicians on the list,.. including three former and current presidential chiefs of staff,... on the grounds of lack of evidence or expiration of the statute of limitations.
The team will continue investigating two additional politicians, not on the list,.. six-ter

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