South Korea To Pay Record $2.64M For North Korea's Olympic Visit

The gesture is in hopes of lowering tensions between the two countries.

SEOUL - South Korea approved on Wednesday the use of a record 2.86 billion won ($2.64 million) to bankroll the cost of hosting hundreds of visiting North Koreans during the Pyeongchang Winter Olympics.The Ministry of Unification said the funds will pay for the costs including accommodations and food for North Korea’s cheering squad, orchestra, taekwondo performers, journalists and other support...