I hate to be the bearer of bad news, but your pocketbook will soon be feeling the pinch. You see the taxis in Seoul have raised their starting fare to 2,400won as of yesterday!

The culprit is said to be soaring oil prices, but didnt the economic worldwide crash bring those prices spiraling down? I guess not.

Still, even with this increase, taxis in Seoul beat out places like Tokyo and New York by miles.

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