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S. Korea to Pay Compensation for Ferry Disaster Victims

The South Korean government said on Wednesday it would pay about 420 million won ($380,000) compensation for each of the 250 students who died or remain missing from last year's ferry disaster, in the first settlement offer to victims' families. The families of 11 teachers who died in the disaster will receive on average 763,895 won, the amount higher to account for their lost income, the Ministry of Oceans and Fisheries ministry said. Other passengers will receive between 150...

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