COVID-19 Pushes South Korea Into Recession
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| - | <br>Even with the sharp decline in exports and GDP, there are signs that the economy could recover quickly from its COVID-19 induced recession. Consumer confidence has improved for three straight months and industrial production had its strongest monthly rebound in 11 years in June. A continued improvement in the economy in the second half, however, will likely be dependent on a recovery in exports, which have begun to show signs of improvement. After declining 17 percent in June, exports were only down 8.1 percent during the first 20 days of July on a year-on-year basis. For those numbers to continue to improve, other countries will need to get COVID-19 under control, something that the [ | + | <br>Even with the sharp decline in exports and GDP, there are signs that the economy could recover quickly from its COVID-19 induced recession. Consumer confidence has improved for three straight months and industrial production had its strongest monthly rebound in 11 years in June. A continued improvement in the economy in the second half, however, will likely be dependent on a recovery in exports, which have begun to show signs of improvement. After declining 17 percent in June, exports were only down 8.1 percent during the first 20 days of July on a year-on-year basis. For those numbers to continue to improve, other countries will need to get COVID-19 under control, something that the [https://mybizbuz.com/why-are-women-in-their-20s-more-susceptible-to-coronavirus-in-korea/ South Korea coronavirus] Korean government cannot control.<br><br>Some Shincheonji members, however, say the church cannot shoulder all the blame. Yuna, a 32-year-old primary school teacher whose name has been changed in order to protect her identity, said COVID-19 had been spreading via call centres, shopping malls and other churches too. "As a result, a lot of Shincheonji members were fired and persecuted, just because they are members of the religious group.<br><br>These and other Christian sects secretly approach women, university students and ethnic minorities in the name of social welfare or promoting peace in local and international levels. The movement strategically sends evangelists who use interviews, surveys, cultural centers, college clubs and psychotherapy to meet potential recruits and introduce them to professionally trained instructors.<br><br>Monitor patients at every level of acuity and infection status to prevent asymptomatic or mild cases from infecting close contacts, clinically deteriorating, or siphoning away acute care resources from severe or critical cases. Implement universal masking policies, aggressive use of PPE, and regular health care worker screenings to minimize nosocomial transmissions.<br><br>These exports consisted of aluminum, steel and ferroalloys, as well as waste and scrap metals. Chief among these imports were bulldozers, industrial equipment, pumps and centrifuges, pipeline accessories, electrical equipment and power generators, as well as cars and watercraft. The import share of chemical products in 2017 was 15.15%, versus 15.59% in 2016. The share of metals and metal products was 7.94%, compared to 8.34% a year earlier.<br> |
Revisión de 02:25 29 ago 2020
Even with the sharp decline in exports and GDP, there are signs that the economy could recover quickly from its COVID-19 induced recession. Consumer confidence has improved for three straight months and industrial production had its strongest monthly rebound in 11 years in June. A continued improvement in the economy in the second half, however, will likely be dependent on a recovery in exports, which have begun to show signs of improvement. After declining 17 percent in June, exports were only down 8.1 percent during the first 20 days of July on a year-on-year basis. For those numbers to continue to improve, other countries will need to get COVID-19 under control, something that the South Korea coronavirus Korean government cannot control.
Some Shincheonji members, however, say the church cannot shoulder all the blame. Yuna, a 32-year-old primary school teacher whose name has been changed in order to protect her identity, said COVID-19 had been spreading via call centres, shopping malls and other churches too. "As a result, a lot of Shincheonji members were fired and persecuted, just because they are members of the religious group.
These and other Christian sects secretly approach women, university students and ethnic minorities in the name of social welfare or promoting peace in local and international levels. The movement strategically sends evangelists who use interviews, surveys, cultural centers, college clubs and psychotherapy to meet potential recruits and introduce them to professionally trained instructors.
Monitor patients at every level of acuity and infection status to prevent asymptomatic or mild cases from infecting close contacts, clinically deteriorating, or siphoning away acute care resources from severe or critical cases. Implement universal masking policies, aggressive use of PPE, and regular health care worker screenings to minimize nosocomial transmissions.
These exports consisted of aluminum, steel and ferroalloys, as well as waste and scrap metals. Chief among these imports were bulldozers, industrial equipment, pumps and centrifuges, pipeline accessories, electrical equipment and power generators, as well as cars and watercraft. The import share of chemical products in 2017 was 15.15%, versus 15.59% in 2016. The share of metals and metal products was 7.94%, compared to 8.34% a year earlier.
