Unification movement in debt. In 2005 Sun Myung Moon's son, Kook-jin Moon was appointed chairman of Tongil Group. Among Tongil Group's chief holdings are: The Ilwha Company, which produces ginseng and related products; Ilshin Stone, building materials; and Tongil Heavy Industries, machine parts including hardware for the South Korean military. The Tongil Group funds the Tongil Foundation which supports Unification Church projects including schools and the Little Angels Children’s Folk Ballet of Korea. News World Communications, is an international news media corporation. It was founded in New York City, in 1976, by Sun Myung Moon. Its first two newspapers, "The News World"
Sun Myung Moon World Peace Academy, an organization founded by Moon, sponsored a conference in Geneva to debate the theme "The situation in the world after the fall of the communist empire." In April 1990, Moon visited the Soviet Union and met with President Mikhail Gorbachev. Moon expressed support for the political and economic transformations under way in the Soviet Union. At the same time the Unification Church was expanding into formerly communist nations. After the dissolution of the Soviet Union in 1991, some American conservatives criticized Moon for his softening of his previous anti-communist stance. In 1991, Moon met with Kim Il