MERS Is A Health Crisis With Political And Economic Costs
After a bungled initial response to the virus, South Korea's president not only has to win back public trust, but leaders are scrambling to keep the prized South Korean economy from struggling.
I was supposed to be writing a piece this weekend getting ready for S. Korean President Park Geun-hye’s visit to the US. But that trip is scrapped, for now, because of the ongoing MERS crisis here. And where things are getting really worrisome for the government is the economic hit as consumers stay home. Already the central bank here has dropped the interest rate to a historic low of 1.5 percent. Above is the link to our latest piece, for Weekend Edition.