If the US wantsto use its aid consistently help the poor in countries such as Ghana it

"If the US wantsto use its aid consistently help the poor in countries such as Ghana, it needsa global development strategy to guide the US government's efforts to fightpoverty."Climate change is already impacting the lives and livelihoods of millions ofpoor people in Africa, as a recent Oxfam report details. Tackling theseimpacts is essential to addressing food security and broader developmentobjectives. President Obama must commit to help bring about a comprehensiveglobal climate strategy that will help poor communities cope with the impactsof global warming, from failed crops to dwindling reserves of clean water anddisplacement caused by extreme weather events."Global hunger and poverty is a human tragedy exacerbated by falteringinvestments in agricultural production and the growing impacts of climatechange," said Offenheiser. "Our economy is one that's being looked at worldwide, because of our ability to renew ourselves," said Joanna Doven, spokeswoman for Mayor Luke Ravenstahl.

Separately, Credit Suisse maintained a "buy" rating on KBFinancial Group and kept its target price on the companyunchanged at 54,500 won. Credit Suisse said that "we retain our preference of the (KBFinancial Group) stock as the top pick in the sector, as itsimminent negative news flow will provide investors with tradingchances, valuations are not demanding." KB Financial Group shares ended at 46,950 won. Meanwhile, retailers climbed after Shinsegae Co Ltd(004170.KS) reported a 13.5 percent increase in second-quarteroperating profit from a year earlier on Thursday. Analysts saidother retailers were also expected to post strong earnings forthe April-June period and for the rest of the year. "Department store sales in general seem to have passed thebottom during the first quarter and consumer spending is expectedto improve for the latter half of the year," said Seo Jung-yeon,an analyst at Shin Young Securities.

Lotte Shopping Co Ltd (023530.KS) gained 2.57 percent andHyundai Department Store Co (069960.KS) rose 2.77 percent.Shinsegae climbed 0.77 percent. AhnLab Inc (053800.KQ) spiked nearly 15 percent, gaining 60percent on the week, amid fears of sustained hacker attacks. "How long this rally will continue is directly correlated tothe scale of these attacks," said Lee Chang-young, an analyst atTong Yang Securities. Elsewhere, smart grid-related issues rallied after theMinistry of Knowledge Economy confirmed South Korea was picked atthe summit of G8 industrialised nations to spearhead efforts toadvance the efficient power delivery technology. Omnisystem (057540.KQ) and Nuri Telecom (040160.KQ) spikednearly 15 percent each and LS Industrial System (010120.KS) rose2.39 percent.