Word: seoul
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...hopes that they would soon be rid of Bush. As the ballots came in, they recognized that they had miscalculated?badly. South Korea's Blue House, for one, called an emergency meeting of its National Security Council after the outcome became clear. Why the alarm? Because Pyongyang, Beijing and Seoul are all co-dependents in that great ongoing geostrategic A.A. meeting known as the "North Korean nuclear crisis." Dubya, meanwhile, is a confirmed purveyor of The Cure...
...Probably not. With no apparent unrest in the North, it seems more likely that Kim is trying to dial back his cult of personality, possibly to present himself as a more normal leader internationally. "He is confident in his power," says Kim Kwang In, a North Korea specialist at Seoul's Chosun Ilbo newspaper. "He doesn't need idolatry." But if this was a show of self-abnegation, it was a modest one. North Korea uses more than 1,000 flattering designations for its leader, including Guardian Deity of the Planet and Sun of the 21st Century. Meanwhile, Dear Leader...
...REPORTED. SOUTH KOREA's violation of nuclear nonproliferation agreements; in a confidential memo given to the International Atomic Energy Agency's board of governors; in Vienna, Austria. The report found that Seoul failed to fully disclose details of its nuclear experiments to the IAEA from 1982 to 2000 and had conducted more extensive tests than suspected. The agency must now decide whether to bring South Korea before the U.N. Security Council for the lapses...
...President Bush will be under pressure from China and South Korea to make concessions to Pyongyang, in the hope that it trades its nukes for massive amounts of aid. Seoul's increasingly close relationship with the North will make it harder for Washington to nail down a deal that leaves Kim Jong Il no wriggle room. But the new Administration is unlikely to back down from the position that any deal has to shutter North Korea's nuclear program for good...
...dollar. The Bush Administration has criticized Beijing for keeping its currency artificially undervalued, making Chinese-made products more competitive and investment in China more attractive. "The buildup of the deficit with China is becoming very serious," says Charles Chang, managing partner of investment consulting firm Accolade Inc. in Seoul. "The next President has to continue the effort to relax control of the renminbi...