Park Elected First Woman President of South Korea

Park will take office for a mandatory single, five-year term in February and will face an immediate challenge from a hostile North Korea and have to deal with an economy in which annual growth rates have fallen to about 2 percent from an average of 5.5 percent in its decades of hyper-charged growth.  Park is unmarried and has no children, saying that her life will be devoted to her country.  Article

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