Despite the Korean crisis, Asia is still seen as an area of positive gains and co-operation for the Obama administration.
John Kerry's trip to the East as the North Korean crisis unfolds is an important test of his diplomatic skills.
The North Korean crisis not only justifies America moving more hardware into the region, it also pushes fearful allies to welcome America's strong embrace.
If China has learned anything from the North Korean crisis, it ought to be that unchecked proliferation harms China's interests as much as anyone's.
ECONOMIST: The spread of nuclear weapons harms China's security too
U.S. Ambassador John Bolton called the decision an "appropriate juxtaposition, " coming on the same day as the North Korean nuclear crisis.
Kerry also raised the possibility of scaling back America's military presence in the Asia-Pacific region once the Korean nuclear crisis is resolved.
In 1994, former President Jimmy Carter traveled to North Korea, during Bill Clinton's own administration, to negotiate an end to the first North Korean nuclear crisis.
CNN: Analysis: Clinton to North Korea -- a matter of respect
In short, as with the North Korean nuclear crisis, each day that is allowed to pass without taking effective action against Serbia brings with it new disincentives to doing so.
But its actual behaviour is much the same as it was during the North Korean nuclear crisis of 1993-94 and in the aftermath of Iraq's invasion of Kuwait in 1990.
North Korea's economy may continue its slow-motion disintegration, which could spark a major crisis on the Korean peninsula.
Demanding payment likely would have significantly exacerbated the financial crisis by forcing major Korean conglomerates to miss scheduled loan payments.
When might the next nuclear crisis erupt on the Korean peninsula?
Barring any major flare-up in the European Union debt crisis, the North Korean situation or some other geopolitical surprise development, look for the precious metals and most other markets to quiet down and see low-volume trading until after the holidays.
FORBES: Comex Gold Ends Near Steady In Quieter, Consolidative Trading
For now, it's still far from clear whether the security crisis on and around the Korean Peninsula has abated.
Markets are very spooked by the possibility of war on the Korean peninsula, by the ongoing euro crisis, by our current budget deficits, the Gulf oil spill, et cetera.
As experts on the region have been saying all week, perhaps the most worrisome aspect of this crisis is that the North Korean leader doesn't appear to have left himself an exit door.
The most obvious such crisis might come in the Korean peninsula, where famine-stricken, isolated and possibly nuclear-armed North Korea still hurls war-like threats across the border at South Korea and the 36, 000 or so American troops there.
The first StarCraft game, produced by Blizzard Entertainment in Irvine, California, came out in 1998 when the South Korean economy was melting down during the Asian Financial Crisis.
As our nation sank ever deeper into the subprime mortgage crisis over the past four years, Korean American homeowners in Southern California became particularly vulnerable to foreclosures and scams.
North Korea and the United States were on opposite sides in the 1950-1953 Korean War and had no regular contacts before a 1994 crisis over North Korea's nuclear program.
Uncertainty about corporate earnings in the region in the first half of the year, an abundant supply of new bonds, and the euro-zone crisis on top of the North Korean tensions could weigh on investor appetite.
Stocks sank on dismal news from Europe regarding its debt crisis and uncertainty regarding the death of the North Korean dictator.
We spoke of the Middle East crisis, and the resolution on Iran, the Korean Peninsula developments, the Kyrgyzstan developments, and some other most complicated issues that are currently on our plate.
WHITEHOUSE: President Obama & President Medvedev Joint Press Conference | The White House
This crisis may well drive the U.S. off the Korean peninsula.
CENTERFORSECURITYPOLICY: Why China isn't helping disarm North Korea
At a luncheon at the American Enterprise Institute, Mr. Kay strongly counseled against: trading away U.S. security commitments to South Korea, paying a price to China for any help Beijing might give in defusing this crisis, or believing that a few nuclear weapons in North Korean hands will not be of much consequence.
Like all South Korean businesses with property, his wealth has been sharply reduced by the financial crisis.
While the Iraqi weapons crisis remains unresolved, American officials have preferred a diplomatic approach to North Korean issues, rather than risk provoking an even worse stand-off with the country's secretive and unpredictable leader, Kim Jong Il.
The South Korean government sought aid from the International Monetary Fund to help it out of a growing financial crisis.
After months of crisis, Washington finally agreed to direct talks with Pyongyang - a long term North Korean goal - and an agreement was reached that traded a nuclear freeze for economic aid diplomatic concessions.
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