“It’s time to prepare for the shock of a global demand contraction and European supply issues,” Industry Minister Sung Yoon-mo said in a meeting with parts supplier executives and industry associations, according to a readout from the ministry.
The ministry gave no details on how much liquidity support the government would provide or what form it might take. The assistance is part of 50 trillion won in emergency financing announced last week to boost the economy.Hyundai Motor closed its Montgomery, Alabama, assembly plant on Wednesday after an employee there tested positive for COVID-19. It also suspended production at its plants in the Czech Republic and India due to the coronavirus outbreak.
A trade ministry official said South Korean exports would deteriorate in April and May, after rising 10% year-on-year in the first 20 days of March. Car exports rose 13.7% in the period, customs agency data showed on Monday.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Storms developing could bring flooding to South Sunday, snow to Northeast MondayWEATHER: A new storm will bring strong storms and some possible flooding in parts of the South beginning Sunday and some snow for parts of the Northeast on Monday as a coastal storm develops. Oh no. Pls take cares everyone UPDATE: New York number one in Wuhan Virus 3,083 cases all because the loony DIMMS what votes from illegals in the failed NY. Cancel 2020 💀💀💀
Source: ABC - 🏆 471. / 51 Read more »
South Korea reports 98 new coronavirus cases, total 8,897: KCDCSouth Korea reported 98 new coronavirus cases on Sunday, bringing national infec... Months ago everywhere was hustle & bustle, ppl were seeming happy, no one predicted commi China will explode biological weapon all of sudden. Use the weapon to kill its own people and hurt its own economy? 👀🦄 all I can look at is the unicorn take-out sign
Source: Reuters - 🏆 2. / 97 Read more »
China, South Korea, Taiwan sending masks and medical staff to other countries in needThe Chinese Red Cross shipped 30 tons of medical equipment along with nine Chinese medical staff to assist with preventing and controlling the virus. Guilty conscience? GhostOfLuv3 At least someone is taking the lead in this since the U.S., under weak, feckless realDonaldTrump, won't
Source: MSNBC - 🏆 469. / 51 Read more »
South Korea reports 98 new coronavirus cases - latest updatesAs South Korea reports 98 new coronavirus cases, here are more updates: - India begins 14-hour curfew - Australian states mull strict social distancing measures - China records 46 new coronavirus cases Read more: As global coronavirus spread continues, here are latest updates: - Thailand reports 188 new cases - Colombia confirms first coronavirus death - Gaza reports first 2 Covid-19 cases Read more:
Source: trtworld - 🏆 101. / 63 Read more »
How South Korea Solved Its Acute Hospital-Bed ShortageDuring the darkest days of South Korea’s coronavirus outbreak, patients were dying while waiting for hospital beds. The country managed to turn the rapidly deteriorating situation around by reserving beds for those most in need. east asian people have the experience of SARS, MERS and H1N1, they are professional the handle the situation like that Why are we acting like what they did was difficult? It wasn’t. It isn’t. The US just cares more about profits and the economy than helping its citizens. We could have makeshift hospitals all over the country in a day or two, all the government needs to do is fund it. Don't bother. They're just looking for subscriptions.
Source: WSJ - 🏆 98. / 63 Read more »
North Korea says Trump has sent a letter to Kim Jong Un offering coronavirus helpNorth Korea said President Trump sent a personal letter to Kim Jong Un offering cooperation in fighting the pandemic. How about help with our own country? Isn't Trump the America First president? What the fuck!? How bad is it there, no reports to WHO or CDC. Kim must of got a good laugh at that
Source: latimes - 🏆 11. / 82 Read more »