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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
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Note that CNBC is referencing CNN as its source for the "intelligence.
1 posted on 04/20/2020 9:00:16 PM PDT by be-baw
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To: be-baw
I'm waiting for Dennis Rodman to confirm this.


2 posted on 04/20/2020 9:03:17 PM PDT by Pelham (Mary McCord, Sally Yates and Michael Atkinson all belong in prison.)
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To: be-baw

3 posted on 04/20/2020 9:03:31 PM PDT by BenLurkin (The above is not a statement of fact. It is either opinion or satire. Or both.)
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To: be-baw

Another Coronavirus victim.


4 posted on 04/20/2020 9:04:12 PM PDT by Captain Compassion (I'm just sayin')
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To: BenLurkin

“Doctor-Colonel, have you ever considred the idea of being the Surgeon-General?”


5 posted on 04/20/2020 9:05:42 PM PDT by BradyLS (DO NOT FEED THE BEARS!)
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To: be-baw

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


6 posted on 04/20/2020 9:05:50 PM PDT by nickcarraway
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To: be-baw

Katy Tur tweeted he is brain dead but then deleted it.


7 posted on 04/20/2020 9:06:11 PM PDT by Lurkina.n.Learnin (The Revolution Will Not Be Televised but It Will Be Livestreamed)
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To: nickcarraway

“Why would that cause South Korea’s currency to tumble? “

War.

L


8 posted on 04/20/2020 9:07:45 PM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: Lurkina.n.Learnin

She put the Bee in the Bonnet!


9 posted on 04/20/2020 9:09:33 PM PDT by lee martell
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To: Lurker

That would be convenient for China.... draw us into a war on the Korean peninsula after unleashing a pandemic that crippled our economy.

Sigh.


10 posted on 04/20/2020 9:11:45 PM PDT by volunbeer (Find the truth and accept it - anything else is delusional)
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To: BenLurkin

"Bitch set me up!"
11 posted on 04/20/2020 9:12:11 PM PDT by Rebelbase
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To: nickcarraway
Why would that cause South Korea’s currency to tumble? I could imagine it might cause it to go up.

Destabilizing the regime. Kim is a known quantity. There are some worse belligerent kooks in that menagerie. They might literally start a war if Kim dies.

12 posted on 04/20/2020 9:13:42 PM PDT by DiogenesLamp ("of parents owing allegiance to no oither sovereignty.")
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To: be-baw

Trump mentioned today he is in negotiations with South Korea re: paying towards the US military protecting them. They offered a billion and he rejected it - not nearly enough.


13 posted on 04/20/2020 9:17:49 PM PDT by P.O.E. (Pray for America)
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To: be-baw

I saw (briefly) a report on DLive, on the channel associated with Texas News Channel, a rumor that Kim was according to a couple US sources, infected with Covid-19 by a Chinese doctor during his surgery.

But then it came down.

So maybe not... :)


14 posted on 04/20/2020 9:18:28 PM PDT by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: Captain Compassion
Another Coronavirus victim.

It's an ill wind indeed that blows no good.

15 posted on 04/20/2020 9:18:44 PM PDT by Mr Ramsbotham ("God is a spirit, and man His means of walking on the earth.")
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To: Captain Compassion

Gift from China.


16 posted on 04/20/2020 9:18:55 PM PDT by Ouchthatonehurt
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To: be-baw
BREAKING: Multiple US officials tell @OANN that Kim Jong Un caught COVID19 from a Chinese doctor flown in to help with his heart valve surgery. He appears to be in stable condition for now.

from a different FR thread...

17 posted on 04/20/2020 9:21:04 PM PDT by GOPJ ( Virus-Free Groceries: https://www.youtube.com/watch?v=TKx-F4AKteE)
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To: nickcarraway

Dont stock markets drop during times of great uncertainty?
If that guy dies, who knows who takes his place?
Maybe the ones who push him to his bellicose attitude?
S. Koreans might know who is closest to assuming the role...so start hedging their investment in the near future.


18 posted on 04/20/2020 9:21:32 PM PDT by Getready (Wisdom is more valuable than gold and diamonds, and harder to find.)
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To: Ouchthatonehurt

Ancient Chinese secret!


19 posted on 04/20/2020 9:21:50 PM PDT by lee martell
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To: Lurkina.n.Learnin

“Katy Tur tweeted he is brain dead but then deleted it.”

Seems pretty irresponsible, if true.


20 posted on 04/20/2020 9:25:24 PM PDT by Mr. N. Wolfe
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