Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

South Korean currency tumbles as unconfirmed report indicates that North Korea’s Kim Jong Un is seriously ill
CNBC ^ | April 20, 2020 | Eustance Huang

Posted on 04/20/2020 9:00:16 PM PDT by be-baw

KEY POINTS

The Korean won weakened sharply on Tuesday against the dollar on unconfirmed reports that North Korean leader Kim Jong Un is seriously ill.

As of 0239 GMT Tuesday, the Korean won fell 1.54% to trade at 1,239.35 per dollar.

The moves came after CNN reported Tuesday, citing an unnamed U.S. official with direct knowledge, that Washington is “monitoring intelligence” that Kim is in “grave danger after a surgery.”

(Excerpt) Read more at cnbc.com ...


TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: investors; kim; korea; norks; northkorea; southkorea; speculators; won
Navigation: use the links below to view more comments.
first previous 1-2021-4041-44 next last
To: nickcarraway

I’d guess the assumption is that China will increase it’s influence in NK, and be able to make it harder on our ally.


21 posted on 04/20/2020 9:28:09 PM PDT by mrsmith (Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
[ Post Reply | Private Reply | To 6 | View Replies]

To: DiogenesLamp

I think Kim’s nephew is still in hiding, being protected by the U.S., Israel and others after Lil Kim murdered his father. If I remember correctly, the nephew was educated in Switzerland and is considered to be pro-West. He would be one of the presumptive heirs if Lil Kim goes out Gangnam Style.

https://www.youtube.com/watch?v=P3OSqrSdJAM


22 posted on 04/20/2020 9:32:14 PM PDT by kaehurowing
[ Post Reply | Private Reply | To 12 | View Replies]

To: Lurkina.n.Learnin

LOL. I initially read your post that Katy Tur posted that she was brain dead.


23 posted on 04/20/2020 9:34:20 PM PDT by GAGOP
[ Post Reply | Private Reply | To 7 | View Replies]

To: volunbeer

... a war on the Korean peninsula...
____________________________________

So that’s why one of the journos at today’s Task force briefing asked bout reductions in troops in South Korea.

Trump explained there was no plan to decrease, just discussions of South Korea paying for its own protection. Good opportunity for the USA if Little Rocket Man is out of the picture.


24 posted on 04/20/2020 9:36:36 PM PDT by reformedliberal
[ Post Reply | Private Reply | To 10 | View Replies]

To: kaehurowing

So was Lil Kim, look how he turned out.


25 posted on 04/20/2020 9:37:44 PM PDT by WarlordBK
[ Post Reply | Private Reply | To 22 | View Replies]

To: be-baw

#idontbelieveher


26 posted on 04/20/2020 9:44:02 PM PDT by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mrsmith

China says he's OK!

27 posted on 04/20/2020 9:44:09 PM PDT by mrsmith (Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
[ Post Reply | Private Reply | To 21 | View Replies]

To: Lurker

Or the Norks givernment are about to open the borders and push all 8 million Norks south at once.

That’s the biggest fear of South Korea outside war.


28 posted on 04/20/2020 9:44:44 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death by cultsther)
[ Post Reply | Private Reply | To 8 | View Replies]

To: mrsmith

Unless China is also collapsing.


29 posted on 04/20/2020 9:45:28 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death by cultsther)
[ Post Reply | Private Reply | To 21 | View Replies]

To: nickcarraway
Why would that cause South Korea’s currency to tumble? I could imagine it might cause it to go up.

What is the one thing that no market likes?

.

.

.

.

Uncertainty.

After all: Better the devil you know, than...

Regards,

30 posted on 04/20/2020 9:48:30 PM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: be-baw

Supposedly fatso Kim got the corona from a Chinese doc performing his recent heart valve surgery ... surreal


31 posted on 04/20/2020 9:49:45 PM PDT by sheehan (DEPORT ALL ILLEGALS.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mr. N. Wolfe

She’s just projecting, like all good leftists.


32 posted on 04/20/2020 10:04:07 PM PDT by Amberdawn
[ Post Reply | Private Reply | To 20 | View Replies]

To: Pelham

Drop dead scumbag ! Free the norks !

My 2c


33 posted on 04/20/2020 10:07:23 PM PDT by Truthoverpower (The guv mint you get is the Trump winning express !)
[ Post Reply | Private Reply | To 2 | View Replies]

To: be-baw

Like any Communist country, it’s currency is worthless. During the days of The Soviet Union it’s currency, the ruble, was worthless. So what does South Korea’s currency have to do with North Korea’s?


34 posted on 04/20/2020 10:15:17 PM PDT by jmacusa (If we're all equal how is diversity our strength?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: sheehan

Yeah, right? One Commie killing another. Boy. There’s irony for you.


35 posted on 04/20/2020 10:16:28 PM PDT by jmacusa (If we're all equal how is diversity our strength?)
[ Post Reply | Private Reply | To 31 | View Replies]

To: mrsmith

“Bring out yer dead!’’ “I’m not dead’’.


36 posted on 04/20/2020 10:17:31 PM PDT by jmacusa (If we're all equal how is diversity our strength?)
[ Post Reply | Private Reply | To 27 | View Replies]

To: nickcarraway

Instability - flood of refugees, danger of power struggle there etc.


37 posted on 04/20/2020 10:33:53 PM PDT by PghBaldy (12/14 - 930am -rampage begins... 12/15 - 1030am - Obama's advance team scouts photo-op locations.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: nickcarraway

As mentioned, markets don’t like uncertainty.


38 posted on 04/20/2020 11:28:41 PM PDT by Freedom4US
[ Post Reply | Private Reply | To 6 | View Replies]

To: Truthoverpower

People are surprised to find that Kim went to school in Switzerland. He was well liked by his classmates, who had no idea he was in line to run North Korea. He enjoyed theater, music and sports. It’s where he learned to love basketball.

The real powers behind the throne are thought to be the Nork generals who live like billionaire princes and who don’t want things to change. It’s hard to tell how much power or freedom of action Kim Jong Un actually has.


39 posted on 04/20/2020 11:39:47 PM PDT by Pelham (Mary McCord, Sally Yates and Michael Atkinson all belong in prison.)
[ Post Reply | Private Reply | To 33 | View Replies]

To: nickcarraway

2 reasons I can think of. One is a seriously destabilized at least rudimentary nuclear power a few kilometers away from your largest city with an epic power struggle going on. The second is a likely flood of starving uneducated literally dirt poor refugees flooding across your border for you to try to feed, house, and assimilate into modern culture.


40 posted on 04/20/2020 11:44:40 PM PDT by Mom MD
[ Post Reply | Private Reply | To 6 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-44 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson