Word: jung
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Dates: during 2000-2009
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Last fall three religious leaders close to Kim Dae Jung visited him at the presidential Blue House. It should have been a festive occasion. The South Korean President had just won the Nobel Peace Prize, and his push to pry open Communist North Korea seemed to be working. In a private session, the visitors warned Kim that Koreans were deeply divided over his policy of rapprochement with North Korea. Sit down with the opposition leaders, they urged, and forge a national consensus on how to deal with Pyongyang. Above all, step back from the day-to-day fray of party...
...Koizumi's administration, his visit to the Shinto shrine that honors Japan's war dead and his tacit approval of a revisionist textbook that waters down wartime aggression Koizumi's plan: Use personal charm in diplomatic tete-a-tetes with Asian counterparts Outlook: POOR. Korea's Kim Dae Jung and China's Jiang Zemin have snubbed his overtures. They want concessions before they'll talk. Giving in would make Koizumi look bad at home...
Last fall, a group of Korean religious leaders paid Kim Dae Jung a visit at the presidential Blue House. It should have been a festive occasion. The South Korean President had just won the Nobel Peace Prize, and his push to pry open North Korea seemed to be making progress. In a closed-door session, the visitors sipped orange juice and chatted amiably. Then they delivered some sobering advice. They warned Kim that Koreans were deeply divided over his policy of rapprochement with the North. Sit down with the opposition, they urged, and forge a consensus on how to deal...
...somewhat expensive way to keep an economy crippled. For the most part, Asia's governments and corporate leaders are pinning their hopes on optimistic forecasts of a mild U.S. recovery in the fourth quarter of this year. "We are in a pretty rocky bottom right now," says Han Yung Jung, an economist at the Korea Institute of Finance, an organization funded by big banking interests. How soon things get better "depends on how soon the U.S. economy gets its act together...
...governments in the region haven't shown much interest in taking on the harder reforms. As Korea's economy has faltered, President Kim Dae Jung has become more reluctant to let bad companies fail. In Thailand, Prime Minster Thaksin Shinawatra has been playing the victim card with claims that globalization and international banking standards are the causes of his country's woes. He has cut back on incentives for foreign investors and balked at forcing companies to repay their debts. Late last year, Taiwan's President Chen ordered banks to keep lines of credit open to delinquent debtors, a move...