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ECONOMY KOREA
RTRDAN 
July 10, 2003 
A homeless South Korean man sits at a subway station in Seoul July 10,
2003. Grappling with its first... 
Seoul, Korea - Republic of 
A HOMELESS SOUTH KOREAN MAN SITS AT A SUBWAY STATION IN SEOUL. 
A homeless South Korean man sits at a subway station in Seoul July 10,
2003. Grappling with its first recession since the Asian financial
crisis of 1997/98, South Korea cut interest rates to a record low of
3.75 percent on Thursday and slashed its growth forecast for the year.
REUTERS/Lee Jae-Won

LJW/FA 
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