report. kathleen hays is here with more. let's start with korea. we watch south korea because it is a bellwether for global trade, global tech. what are we expecting? kathleen: 11th biggest economy, fourth biggest exporter in the world. you know what they say in baseball, they say hit over in boxing,-- or it's punch over their weight. gdp unchanged. our bloomberg economics team exit will rise a bit. why do i want to show you this chart? here is where growth was in the .ast report, just over 2% the current median forecast for the year actually sees it going down below that to about 1.9% and picking up again next year. the problem is you have to go back -- when you get below 2%, you have to go a long way. basically the middle of the financial crisis to see anything looking like this. you are looking at shoppers in