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SEOUL (Reuters) - South Korean President Lee Myung-bak on Wednesday said North Korea should face reality and consider bringing about a "transformation", adding that Seoul will monitor changes in the secretive North. Lee's comments were included in a televised speech to mark Korea's liberation from Japanese colonial rule from 1910-1945, and follow signs that North Korea's new young leader, Kim Jong-un, may be planning to carry out reforms. Lee also urged North Korea to adhere to UN resolutions aimed at deterring Pyongyang's nuclear ambitions. ...More...