Florence Lowe-Lee

Who Gained What During the Third Summit between the Two Allies

U.S. President Obama and South Korean President Lee held their third summit meeting on November 19 in Seoul. Thousands of Koreans lined the streets of downtown Seoul to welcome Obama on his first visit to Korea, perhaps the warmest reception he received anywhere on his Asia tour. Korea was the last stop in his nine-day trip to Asia, after visiting Japan, Singapore to attend the APEC meeting, and China. While most Koreans welcomed Obama’s visit, some felt that the Korea leg was added almost as an afterthought.

Is This The End of Bumpy Summits between Two Allies?

For the first time in a decade the leaders of the United States and Korea held an amiable summit meeting. The meetings between presidents Clinton and Kim Dae-jung were cordial, as they agreed on policy toward North Korea. But after George W. Bush took office the relationship between the two long-time allies deteriorated. The first meeting between presidents Kim and Bush was disastrous, and many Koreans were offended by the perception of discourtesies of the new U.S. Administration.

Second Economic Team: Can They Revive an Ailing Economy?

Korea’s economy has been deteriorating more rapidly than previously expected. The nation saw its first negative growth in more than 10 years in the fourth quarter of 2008, and export growth continues to plunge amid the global slowdown. Moody’s Investors recently downgraded its projection for Korea’s growth in 2009 from 2% (made in November) to a negative 2%, and this view is in line with a growing number of other analysts.

Red Devil Fever and the Branding of Korea

Red is a strong color. It is a color of passion, energy, power, and confidence. According to some studies, it can actually produce physical results, such as increasing the rate of respiration and blood pressure. Red also captures people’s attention and incites them to take action. In some cultures, red signifies celebration, happiness, and prosperity. In Korea, however, the color red is linked more closely with violence and warfare. Koreans do not write names in red ink because it signifies the death. The color red has long been associated with communism North Korea.

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