While today's Korea tensions are unnerving, and likely responsible for at least part of the...

|By:, SA News Editor

While today's Korea tensions are unnerving, and likely responsible for at least part of the marked drop in risk appetite, Time's Michael Shulman posits that a strong escalation is unlikely: "Seoul has far too much at stake to allow Kim Jong Il to draw the country into a war that would truly undercut its economic prospects."