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PRIME TIME NEWS 22:00 Up next in the broadcast... President Park selects a new prime minister as part of a small cabinet shake-up... and accepting the nomination... the ruling party′s floor leader Lee Wan-koo pledges to speed up economic recovery and reform. Economic performance in the fourth quarter last year turns out to be the lowest in over two years. And even though growth for 2015 has been revised down... the BOK says Korea′s economy remains on a steady recovery track. Yemen′s president... along with the prime minister and cabinet resign... throwing the major U.S. ally in the Middle East into the hands of the government′s opponents to take the reins. Prime Time News begins now. Title: President Park nominates new prime minister, reorganizes her office We begin at the nation′s top office. With hopes of turning the page, President Park Geun-hye is making changes. She began by nominating a new prime minister this morning... as part of her small cabinet shakeup. Our presidential office correspondent Choi You-sun has the details. President Park has nominated the ruling party′s floor leader Lee Wan-koo as her new prime minister. Lee, a three-term lawmaker, is thought to have gotten the president′s nod for how he negotiated thorny issues with the opposition as floor leader in the past year. "The nominee fully understands President Park′s policy direction, and has closely cooperated with the opposition to restore parliamentary proceedings. He is the right person to carry through the economic innovation plan, public sector reforms and communicating with and working for the public." Friday′s nomination was widely expected, after the president retained Prime Minister Chung Hong-won last year, despite his resignation, to take responsibility for the government′s botched handling of the Sewol-ho ferry disaster. While Lee needs to get parliamentary approval to take office, there′s been no announcement yet on the nominee for the vacant seat of oceans minister. In a likely response to her approval ratings plunging to 30 percent, following allegations of her aides abusing power and disorder within her office, President Park reduced the authority of some of her longtime aides. But her chief of staff, the one many watchers had speculated will be dismissed, is going to stay put for now. Instead, the president has named a new senior policy coordination secretary, Hyun Jung-taik , to better coordinate her policies in the presidential office. President Park also announced a line-up of four special advisers, whose main task will be to actively communicate the president′s policies with parliament. Meanwhile, President Park′s civil affairs secretary was promoted to senior secretary after his former boss Kim Young-han resigned, having refused to appear at a parliamentary hearing for a recent document-leak scandal. Choi You-sun, Arirang News. Title: Prime Minister nominee Lee Wan-koo vows to speed up economic recovery and re