Wednesday, December 19, 2007

New Korean President!


Yesterday was a day off for lots of people since it was election day. Guess who won with 48% of the votes? That's right: Grand National Party (GNP) Lee Myung-Bak, former Seoul mayor and successful businessman.

Lee was recently under investigation for stock manipulation and embezzlement schemes in the BBK company. He stated he knew nothing about that company - claim which was under the spot this week after the opposition party revealed a tape in which Lee states that he is proud of his achievements with BBK. Go figure!

The two previous Korean governments have put a lot of stress on Korean society - as economy and North Korea were hot issues. Koreans trust that with his business background and political experience, Lee will improve the country's economic health.

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