Listening Journal

http://www.voanews.com/english/2007-06-14-voa1.cfm

Summary
A FTA between Korea and the U.S is still facing opposition for some reasons. Some people are worring about products manufactured in North Korea because this negotiation includes Kaesong industrial complex of North Korea. They're worring about the quality of products. However, some people think this deal will help the U.S. remain an active economy in East Asia by a lot of exports. Also, the U.S. can gain more benefit by opening Korea's agricultural market. On the other hand, the U.S. is offering to renegotiate about some parts as automobile. It is still controversial problem. The U.S-South Korea FTA has become an issue in the 2008 U.S. presidential race.

Opinion
Every negotiation has conflict. Most important thing is how to solve the conflict. It is impossible to satisfy goals of all organizations. In this case, it is obvious that this FTA between Korea and the U.S. can give benefit tot both countries. Of course, there are some shortcoming of this negotiation. During 4~5 months, they tried to conclude the negotiation wisely. However, now the U.S. is requiring renegotiation about some parts. I think both countries need more conversation, and they should try to reach goals they want to accomplish. Demonstrators should think about it carefully. They need more cautious attitude, and they should consider other substitute way to develop their industry. It is not simple because it is related to two countries' economic benefit.

What is happiness~?

I think we can't enjoy our lives without happiness. Then, what is happiness?
I think happiness is satisfaction I can feel in my life. We can feel happy everywhere and anytime. For example, we can feel happy while we are talking with people we like. When we are successful about our goals, it makes us happy. Even when we eat delicious food, we are happy.
That is, happiness is not too far from our position.
Sometimes, we don't notice that is happiness even though we can feel happy. It means, positive thinking is very important for our lives. With positive thinking, we have a lot of opportunity to feel happy. If we always remind this thing, we can live more fantastic life than other people who don't have positive thinking.
Happiness, it's very important in our lives. If we do everything with thanks, we can be satisfied with myself, and we can find happiness easily.

Listening Journal~

Economists Say Asian Currency Gains Not Likely to Hurt Exports

By Heda Bayron, Hong Kong, 06 June 2007
http://www.voanews.com/english/2007-06-06-voa11.cfm

summary
These days, several Asian currencies such as the Philippine, the Malaysian and the Indian have appreciated against the US dollar. The value of their currencies is rising continually, and this phenomenon reflects Asia’s powerful economy. Some people have different opinion about this situation. If the currency is gaining against the U.S, the export price to the U.S is so expensive that it becomes very difficult. Decreasing exports can damage the economy of the countries. For example, Korea is exporting several products to the U.S, and this export accounts for a great part. On the other hand, some countries think this situation is good for their economy. For instance, the Philippine peso appreciation can be helpful in the economy in that the oil import price will be cheaper. Actually, Asian exports have various markets such as BRIC (Brazil, Russia, India, China) instead of the U.S. Also, exporting Europe is increasing because some countries’ currency has depreciated against euro.


opinion
Currency has strong effect on each economy. Especially, Korea imports various things such as automobile, cloths from the U.S, and also exports several things such as rice, pork, and some fruits to the U.S. Actually products which Korea export to the U.S account for large amount of Korea economy. If currency has gained against the U.S dollar, it has bad effect on economy by decreasing export because Korea and the U.S have connected closely. However, Philippine thinks this phenomenon is good for their economy, so I think it is up to each country’s situation.
Therefore, each government should make suitable policy to protect their economy.

Listening

*Listen carefully and summarize what each story is about. What is the message of each story?

He told us three story of his life. First story is about his family and childhood. His biological mother was very young, and she didn't have ablity to bring up him. So he was adopted, but his new parents' education was very low. Finally he entered college, but he dropped out because of money and other problem. He re-entered new college and new course. It was new opportunity to him. If he never dropped out, he would not find what he loves and what he want to do. He said his whole experience of his life was connected, and it made his present position.

Second story is about his love. He finally found what he loved to do earlier. He still loved his work even though he got fired from the company. He didn't give up, and he restart. The works such as Toy story and Apple his company did were very successful. He told us that we should find what we love.

Last story is about death. He was suffered from cancer, and doctor told him and his family to prepare death. He had no possiblity to live. But he had surgery, and he is fine now unbelievably.

After I listened his speech, I thought whole my life. I was very ashamed because it was very normal life. He lived very unusual life, the whole experience made him special. When I was in Korea, I just studied hard to enter good University. And now, I am just looking for gettinf good job. Even now, I don't know what I love to do. According to his speech, I have to keep going if I couldn't find my love. Although I had a mistake, it will be good material for my successful life because my whole life was connected, and awful taste medicine is good for health like his word. Now, I am experiencing new world in Canada. It is very fresh and good memory. Soon, I will find what I love. And just I will follow my heart and passion. I will use this period successfully because my time is limited. Especially, I remember some words in his speech. "Right now, the new is you! Stay hungry, stay foolish!"

[Listening Journal] US Economy Slows, China Bounds Ahead

APA: Bovino B. http://feedroom.businessweek.com/ . 2007.May 24.

US Economy Slows, China Bounds Ahead

The US economy has being slowed; in contrast China has developed continually. Actually, some fields such as housing market in the Unite States have troubled, and it has bad effect on the USA’s economy. On the other hand, the People's Bank of China took further steps to cool the economy. Also expectation about china is much stronger than the USA’s now. China's economy surged at an 11% annual rate in the first quarter, and the government announced that inflation rose to its highest level in two years. China’s currency, the yuan, is still kept undervalued, but China government said it’s trying to make its value higher. If this problem has solved, China will be experienced more rapid development.