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View Full Version : Lee Puts South Korea in ‘Rescue Mode’ as Slump Destroys Agenda - Bloomberg



NewsWhore
02-24-2009, 12:10 AM
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Lee Puts South Korea in ‘Rescue Mode’ as Slump Destroys Agenda (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DaSHZLjbFZ_J8%26refer%3Dasia&cid=0&ei=zoGjSayYEZGyMYKoqI0M&usg=AFQjCNFl8jRqL8YYbb2j21mendQx45T8EQ)
Bloomberg
His remarks added to the currency’s decline and fueled inflation, leading the central bank to raise interest rate to an eight-year high of 5.25 percent in August. “The 7-4-7 vision, from the beginning was an unrealistic, impossible agenda,” said Jang ...


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