Author: GIKorea

Picture of the Day: First Pitch

First ball by Momoland's JooE
First ball by Momoland’s JooE
K-pop girl group member JooE throws the first ball in the SSG Landers-LG Twins game at Jamsil Baseball Stadium in Seoul on April 11, 2021. (Yonhap)

South Korea Announces that AstraZeneca Vaccines Will Not Be Given To Adults Under 30

So basically what the Korean government is saying is that the vaccine is more dangerous than COVID for those under 30:

Jung Eun-kyeong, who is leading COVID-19 vaccination campaign in Korea as the commissioner of the Korea Disease Control and Prevention Agency, speaks during a news briefing Sunday. (Yonhap)

AstraZeneca’s COVID-19 vaccine will not be given to anyone under the age of 30 in South Korea, as growing evidence points to possible associations with a rare but serious blood-clotting disorder.

The government’s advisory committee on immunization practices said in a news briefing Sunday that AstraZeneca vaccinations will resume Monday after a partial suspension for the last four days.

Korea Herald

You can read more at the link.

Korean-American Immigrant Lost $20 Billion in Two Days

Bloomberg has a long, in-depth read on how a Korean-American immigrant turned billionaire, lost $20 billion dollars in just two days last month:

Bill Hwang

Before he lost it all—all $20 billion—Bill Hwang was the greatest trader you’d never heard of.

Starting in 2013, he parlayed more than $200 million left over from his shuttered hedge fund into a mind-boggling fortune by betting on stocks. Had he folded his hand in early March and cashed in, Hwang, 57, would have stood out among the world’s billionaires. There are richer men and women, of course, but their money is mostly tied up in businesses, real estate, complex investments, sports teams, and artwork. Hwang’s $20 billion net worth was almost as liquid as a government stimulus check. And then, in two short days, it was gone.

Bloomberg

You can read more at the link, but Hwang was also a large donor to the human rights group Liberty in North Korea (LiNK):

Hwang is closely involved with a group called Liberty in North Korea, or Link, that has helped about 1,300 North Koreans escaping the regime. “He doesn’t use God as a cover,” says Jensen Ko, a colleague at Archegos. “He lives that out.”

ROK Drop Open Thread – April 10, 2021

Please leave anything you want to discuss in the comments section.

light city landscape sunset
Photo by Clive Kim on Pexels.com

Tweet of the Day: Tiger Stripes on the DMZ

Picture of the Day: KF-21 Boramae Fighter Jet

S. Korea's first homegrown fighter jet
S. Korea’s first homegrown fighter jet
This photo taken April 9, 2021, shows South Korea’s first prototype of the next-generation KF-X fighter, officially dubbed KF-21 Boramae, being revealed at the Korea Aerospace Industries Co. facility in Sacheon, South Gyeongsang Province, southeastern South Korea. (Yonhap) 

Is Kim Jong-un Preparing His People for a “Arduous March”

This could be the Kim regime preparing their people for an upcoming provocation cycle and whatever repercussions come from it:

North Korean leader Kim Jong Un delivers a closing speech at the Sixth Conference of Cell Secretaries of the Workers’ Party of Korea in Pyongyang, North Korea, Thursday, April 8, 2021.

North Korean leader Kim Jong Un has called for waging another “arduous march” to fight severe economic difficulties, for the first time comparing them to a 1990s famine that killed hundreds of thousands.

Kim had previously said his country faces the “worst-ever” situation due to several factors, including the coronavirus pandemic, U.S.-led sanctions and natural disasters last summer. But it’s the first time he publicly drew parallel with the deadly famine.

Stars & Stripes

You can read more at the link.

Blue House Official Indicted for Role in Ulsan Mayoral Election Meddling

There has finally been an indictment of a Blue House official in regards to the Ulsan Mayor election meddling case:

This file photo shows Lee Jin-seok, presidential secretary for state affairs monitoring. The prosecution indicted him on April 9, 2021, on charges of meddling in the mayoral election in the southeastern city of Ulsan in 2018. (Yonhap)

Prosecutors on Friday indicted a presidential official in a high-profile political scandal surrounding a 2018 mayoral election.

The Seoul Central District Prosecutors Office charged Lee Jin-seok, presidential secretary for state affairs monitoring, with violating election laws, wrapping up more than a year of investigation into the case in which presidential officials and a ruling party candidate’s campaign allegedly colluded to win the mayoral election in the southeastern city of Ulsan. (…..)

In January 2020, a total of 13 officials including Song Cheol-ho, current mayor of Ulsan and longtime friend of President Moon Jae-in, and Han Byung-do, former senior presidential secretary for political affairs, were put on trial in the same case.

Yonhap

You can read more at the link.

Experts Say South Korea Entering Fourth Wave of the Pandemic

Here is the latest on the pandemic in South Korea:

People stand in line at a makeshift coronavirus testing site in front of Seoul Station, Thursday.

Korea may be at the beginning of a fourth big wave of COVID-19 infections, according to health experts, with the daily caseload reaching its highest level in three months amid sporadic cluster infections across the country. 

According to the Korea Disease Control and Prevention Agency (KDCA), the country reported 700 daily new cases for Wednesday, the highest level in 91 days, bringing the total caseload to 107,598. Among the new cases were 674 local infections and 26 cases from overseas.

Medical experts who viewed that Korea has already entered its fourth wave of infections expressed concerns that the daily caseload could cross into the thousands unless the government introduces tighter social distancing measures, considering deepened public fatigue from the year-long pandemic and increased outdoor activities in the warming weather. 

Korea Times

You can read more at the link.

Tweet of the Day: Emergency Evacuation Plan