The White House could face the embarrassing possibility of President Barack Obama hosting the annual APEC leaders summit in November without managing to win approval of free trade pacts with South Korea, Colombia and Panama.
from Photographers' Blog:
On June 13, 2002, when South Korea, Japan and the rest of the world were captivated by the 2002 FIFA World Cup, a 50-tonne U.S. army vehicle crushed two South Korean schoolgirls to death during a drill in Yangju, north of Seoul. The girls, Shin Hyo-soon and Shim Mi-seon, both 14, were on their way to a friend’s birthday party.
from Eric Burroughs:
There’s a lot of excitement around the sharp outflows seen from emerging markets in the latest figures from EPFR Global. But this story is getting a little overplayed. Asian central banks have heard the message on the need to tighten policy, with Bank Indonesia following the Bank of Korea in surprising with a rate hike in the past few weeks. The positive response to the BI rate increase, with the rupiah rising and local bond yields dropping, show that the central bank showed the inflation-fighting resolve that investors were looking for, even if inflation is being exacerbated by food price run-ups beyond the control of monetary policy.
from Photographers' Blog:
As the year winds down in Seoul, highly-educated fighters dressed in business attire gather for a dramatic showdown. A sky-blue colored dome theater is the venue, and this year, it was again prepared for the upcoming event. Chairs, tables and other office furniture are stacked up on the floor to block people from entering rooms. Police officers stand guard as they surround the domed theater to prepare for any emergency situations. There are ambulances and medics. All entrances to the theater are closed, with tight security allowing only those with prior authorization to enter.
from Russell Boyce:
This week the blog should be called A Week (and a few extra hours ) in Pictures as I wanted to share a couple of images that came in late last Sunday and evaded my net as I trawled through the file. Both are from Thailand and both were shot by Sukree Sukplang. The first is a strong portrait of Thai King Bhumibol Adulyadej as he leaves hospital in a wheelchair to attend a ceremony to celebrate his 83rd birthday. The picture seems to me to mirror the respect that the Thai people have for their King. What makes me think this I am not sure; maybe its the side light which creates studio-like modelling on the king's face highlighting every detail of his appearance, the crispness of the clothes, the beauty of the ceremonial medals and the rich colour of the royal sash. Or maybe it's just the way he is looking back into the lens, his eyes full of dignity and determination.