South Korea Cuts Interest Rates Amid MERS Outbreak

South Korea has reported 14 new cases of the Middle East Respiratory Syndrome, or MERS, as concerns persist that the outbreak is hurting Seoul's economy. Businesses have reported a sharp drop in sales, as South Koreans fearful of catching the deadly virus have avoided shops, theaters, and other areas with large crowds. The country's central bank on Thursday cut its key interest rate by a quarter of a percentage point to an unprecedented low of 1.5 percent. "The Monetary...

© La Voix de l'Amérique - jeudi 11 juin 2015