Word: kim
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...Kim has spent his extraordinary career battling for greater individual freedoms even as an entrenched conservatocracy was willing to use any means to stop him. A gifted orator, he roused passionate, even violent, crowds at his pro-democracy protests. After mounting an unexpectedly strong challenge in his first presidential race in 1971, he was nearly killed when, suspiciously, a truck smashed into his car, leaving him with a permanent limp. Two years later, government agents shanghaied him from a Tokyo hotel to a ship at sea, where they planned to drown him. In 1980 the military government sentenced...
Just how much upheaval will Kim bring? The President-elect moved quickly to reassure the anxious markets. "I will adhere to the agreement already reached with the IMF and faithfully carry out reforms," Kim promised the nation the morning after his win. Well aware of how deep antipathy toward him runs among conservatives, Kim will need to reach out immediately if he is to amass enough support to push through those prescriptions. Last week he successfully requested pardons for two ex-Presidents who, as generals, had persecuted...
...shed the candidate's instinct to please everyone as often as possible. "It doesn't matter who makes what promises to get votes," said an executive at one of Korea's largest conglomerates, or chaebol, "because their policies will be bounded by IMF guidelines." Within those limits, though, Kim's background does give reason for hope. His strong labor credentials could help keep workers off the streets when the layoffs begin. And as IMF reforms dissolve the cozy networks that have wed politicians and chaebol executives, the longtime outsider will finally have his chance to present the country with...
SEOUL: Investors continued to flee the South Korean ship Monday, which hardly bodes well for the country's new captain, president-elect Kim Dae Jung. But Kim, who likened his nation to "a man heaving his last breath" while meeting with visiting U.S. Treasury official David Lipton, is not letting the financial crisis scuttle his hopes for a kinder, gentler ? and unified ? Korea...
...Over the weekend, Kim engineered an amnesty for two imprisoned former dictators, Chun Doo Hwan and Roh Tae Woo, who had both previously ordered Kim's execution. And Kim still has hopes for South Korea's reunification with the North, though it's still unclear whether those across the DMZ in Pyongyang share his desire. Long before that can happen, however, the South Korean economy must submit itself to the IMF knife. Financial players still doubt Kim has the discipline to go with his dreams...