(3rd LD) New COVID-19 cases fall below 1,500, toughest virus curbs extended for 2 weeks

(ATTN: ADDS latest tally in 6th para)

SEOUL, Aug. 23 (Yonhap) — South Korea’s daily new coronavirus fell below 1,500 on Monday due to fewer tests over the weekend, as health authorities extended the toughest virus curbs for another two weeks to battle the worst wave of the pandemic.

The country added 1,418 more COVID-19 cases, including 1,370 local infections, raising the total caseload to 237,782, according to the Korea Disease Control and Prevention Agency (KDCA).

Monday’s tally was down from 2,052 on Friday, 1,880 on Saturday and 1,628 on Sunday.

But the decline was attributable to less testing over the weekend. Daily cases, which have surged during weekdays, surpassed 1,000 on July 7 and have stayed above the mark for 48 days in a row.

The country added seven more deaths from COVID-19, raising the death toll to 2,222, the KDCA said.

Later in the day, health authorities and local governments said 1,171 new cases were confirmed from 12 a.m. to 6 p.m. Monday, 13 fewer than at the same time the previous day. Daily cases are counted until midnight and announced the following morning.

Despite six weeks of the toughest restrictions in the greater Seoul area, the fourth wave of the pandemic has shown no signs of abating as the highly contagious delta-driven infections have complicated antivirus measures.

(3rd LD) New COVID-19 cases fall below 1,500, toughest virus curbs extended for 2 weeks

The wider Seoul area, where half of the nation’s 52 million population lives, has been under Level 4 restrictions, the highest of the four-tier virus curbs, for the past six weeks, while most other areas have implemented Level 3 distancing for the last four weeks.

The current social distancing measures were extended Monday until Sept. 5.

Under the tougher measures, restaurants and cafes will be required to close at 9 p.m., an hour earlier than the current nighttime curfew. The semi-lockdown measures prohibit gatherings of more than two people after 6 p.m., and ban the operation of nightclubs and other entertainment venues.

As of Monday, 25.91 million people, or 50.5 percent of the population, have received their first shots of COVID-19 vaccines, and 11.56 million people have been fully vaccinated, the KDCA said.

The government aims to vaccinate at least 70 percent of the nation’s population by September to create herd immunity in November.

Sohn Young-rae, a senior health official, told reporters that the government could achieve the vaccination target, saying that about half of the nation’s population will be fully vaccinated by September.

Sohn urged people to get COVID-19 shots because a vaccine limits the severity of infections, while cases of breakthrough infections are still rare.

Currently, the people who are being infected with COVID-19 are mostly unvaccinated, Sohn said, describing the fourth wave as an “unvaccinated pandemic.”

Between May 1 and July 24, a total of 65,374 people tested positive for COVID-19 and 92.4 percent of them, or 61,055 people, were unvaccinated, the KDCA said.

Of the 65,374 patients, 5.2 percent received first doses of COVID-19 vaccines, and 1.4 percent were fully vaccinated, it said.

Recently, the surge of infections was mainly among those in their 20s and 30s, most of whom are unvaccinated, it said.

For people in their 20s, 5.9 infections per 100,000 people were reported last week. There were 4.3 infections per 100,000 for those in their 30s last week, compared with 1.7 infections per 100,000 for those in their 70s, the KDCA said.

(3rd LD) New COVID-19 cases fall below 1,500, toughest virus curbs extended for 2 weeks

Of the newly confirmed domestic cases, 383 were from Seoul, 392 from the surrounding Gyeonggi Province and 72 from the western port city of Incheon, the authorities said.

The southeastern port city of Busan identified 63 new patients, and North Gyeongsang Province had 34 more, they said.

The number of patients with serious symptoms across the country reached 399, it said.

The total number of people released from quarantine after making full recoveries was 207,601, up 1,325 from the previous day.

kdh@yna.co.kr
(END)

News Related

OTHER NEWS

Coal India warned government of coal shortage in February

Coal Coal India’s warned the adviser to the federal power ministry in February of an impending fuel shortage as utilities tapped inventories and curbed purchases despite rising coal-fired power output, ... Read more »

How Raghuram Rajan, Urjit Patel differ on greening of central bank policies

Raghuram Rajan (Image: PTI) Climate change is the most important challenge facing humanity. There are numerous analyses and reports suggesting that if we don’t get our act together, future generations will struggle ... Read more »

India's exports jump 46% to $33.28 billion in August

India’s exports rose by 45.76 percent to $33.28 billion in August, as against $22.83 billion in the same month last year, according to commerce ministry data released on Tuesday. Imports ... Read more »

Moneycontrol Pro Panorama | Volatility to the fore in taper times

Dear Reader, The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by ... Read more »

Democrats seek corporate, wealthy tax hikes for $3.5 trillion plan

AP House Democrats unveiled a sweeping proposal Monday for tax hikes on big corporations and the wealthy to fund President Joe Biden‘s $3.5 trillion rebuilding plan, as Congress speeds ahead ... Read more »

Simply Save | What could India's inclusion in global bond index mean for debt investors?

The foreign brokerage house Morgan Stanley last week said that it expects India to be included in global bond index in 2022. Being part of a global bond index, Indian ... Read more »

BBB invites bids for conducting background verification of candidates

The Banks Board Bureau (BBB), the headhunter for state-owned banks and financial institutions, on Monday invited bids from firms to carry out background verification of candidates for director-level vacancies. The ... Read more »

Brent oil surpasses $76 per barrel on London's ICE

The last time the price of Brent surpassed $76 per barrel on July 14 Read more »

Russia should not follow Western countries path in its fuel policy, says Deputy PM

The 2021 Tyumen Oil and Gas Forum is being held at the West Siberian Innovation Center in Tyumen from September 14 to 16 Read more »

Gazprom Neft to increase hydrocarbon output to over 100 mln tonnes in 2021

Head of the company Alexander Dyukov also noted that Gazprom Neft plans to revise the capital expenditure program in 2021 due to the OPEC+ decision Read more »

Russian upper house invites Google and Apple to discuss foreign interference

Andrei Klimov mentioned that as in previous years, "foreign opponents and centers that specialize in anti-Russian activities were very actively trying to use this time [before the elections] in order to promote people, for whom they had staked on," including by using the latest computer technology Read more »

Brent oil surpasses $75 per barrel on London's ICE first time since August 2

WTI crude oil rose in price by 2.15% to $71.74 per barrel Read more »

Sibur, Gazprom analyzing completed feasibility study for joint gas refinery in Tatarstan

In particular, the first roadmap envisages the completion of feasibility studies for projects involving the transportation of ethane-containing gas from deposits in the Nadym-Pur-Taz region and the construction of a gas processing plant in Tatarstan Read more »

Completion of Nord Stream 2 proves Russia's reliability as gas supplier, says Deputy PM

The construction of the Nord Stream 2 gas pipeline was fully completed on the morning of September 10 Read more »

(LEAD) S. Korea to extend loan maturity again for pandemic-hit firms, merchants

(ATTN: ADDS remarks, details in paras 3-5) SEOUL, Sept. 15 (Yonhap) — South Korea’s financial regulator said Wednesday local banks will extend loan maturity and delay interest payments again for ... Read more »

(LEAD) Job growth slows in Aug. amid resurgence of COVID-19

(ATTN: UPDATES with more details from para 7)By Kim Soo-yeon SEOUL, Sept. 15 (Yonhap) — South Korea reported job additions for the sixth straight month in August, but the growth ... Read more »

S. Korea eyes additional measures to curb household debt: finance chief

SEOUL, Sept. 15 (Yonhap) — Finance Minister Hong Nam-ki said Wednesday the government will explore additional measures to curb household debt, including tighter lending rules at non-banking institutions, if needed. ... Read more »

(URGENT) 518,000 jobs added in Aug., extending job growth for 6th straight month

(END) Read more »

S. Korea to extend loan maturity again for pandemic-hit firms, merchants

SEOUL, Sept. 15 (Yonhap) — South Korea’s financial regulator said Wednesday local banks will extend loan maturity and delay interest payments again for smaller firms and merchants hit hard by ... Read more »

Serious deficit on oil market unlikely, says Russian energy ministry

Earlier, OPEC downgraded its outlook for 2021 on oil supply from non-OPEC states by 170,000 barrels per day, including due to Hurricane Ida in the US Read more »

State pensions face mounting calls for reform

Deputy Prime Minister and Finance Minister Hong Nam-ki, right, speaks at a government meeting, Aug. 25. Korea Times file Soaring gov’t debt to entail 14.7 trillion won in interest this ... Read more »

Policy failure to tame soaring home prices brings social mobility crisis

gettyimagesbank Many young people feel that the ladder to socioeconomic mobility has crumbled By Yoon Ja-young Every year since his inauguration in 2017, President Moon Jae-in has vowed in his ... Read more »

Exports rise 31% in first 10 days of September

gettyimagesbank South Korea’s exports rose 30.7 percent on-year in the first 10 days of September on the back of robust demand for petroleum products and autos, customs data showed Monday. ... Read more »

Korea's potential economic growth rate on rapid decline

gettyimagesbank Labor flexibility, deregulation needed for innovation By Lee Kyung-min Korea’s potential economic growth rate is on a steeper-than-feared decline, impacted heavily by a reduction, or outright loss, of employment ... Read more »

Russia's government concerned with shortage of workers — Kremlin

Some industries notice the shortage of workers very acutely, Dmitry Peskov pointed out Read more »

Rising inflation biggest threat to economic recovery

gettyimagesbank By Lee Kyung-min Inflation has been accelerating fast, as consumer prices grew over 2 percent in August for the fifth consecutive month due to a surge in prices of ... Read more »

Will China's slumping recovery affect Korea's chip exports?

gettyimagesbank By Lee Kyung-min Opinions are split over whether recent signs of a slowdown in China’s recovery are signaling the beginning of a peak-out of Korea’s semiconductor exports, one of ... Read more »

Delta variant leads to protracted tightening of private consumption

gettyimagesbank Slower-than-expected US growth to affect BOK rate hike By Lee Kyung-min Tightened private spending sparked by an increase in COVID-19 infections by the Delta variant is expected to continue ... Read more »

Korea urged to share knowledge of digital transformation, deepen climate change fight

Shinhan Financial Group Chairman Cho Yong-byoung, front row, fourth from right, and Institute for Global Economics Chairman Jun Kwang-woo, front row, fifth from right, pose with participants in a conference ... Read more »

Job growth slows in Aug. amid resurgence of COVID-19

gettyimagesbank South Korea reported job additions for the sixth straight month in August, but the growth pace slowed as employment at in-person service sectors was hit by the fourth wave ... Read more »

'The window to avoid catastrophic climate change is closing soon': DNV report

DNV’s Group President and CEO Remi Eriksen / Courtesy of DNV DNV’s Energy Transition Outlook warns current green efforts fall short of achieving Paris Agreement By Anna J. Park A ... Read more »

Expansion of trade between SCO countries to be prior next decade, says Secretary General

According to the SCO Secretary General, the aggregate GDP of all member-states of the organization reached 23% of the total global GDP in 2020 Read more »

Nord Stream 2 launch to balance gas price parameters in Europe, says Kremlin

Europe’s gas need is huge, Dmitry Peskov noted, adding that "moreover, it is unclear what winter will be like, in case of cold weather more gas will be required" Read more »

Russia's export duty on oil to decline to $62.8 per tonne from October 1

According to the Ministry of Finance, the average price for Russian export oil Urals for the monitoring period from August 15 to September 14 was $69.04 per barrel Read more »

Russian energy ministry to report to cabinet on admitting Rosneft to Nord Stream 2 shortly

Alexander Novak noted that the president had requested considering the issue Read more »

OPEC+ able to cover deficit on oil market, says Kazakh energy ministry

Vice Energy Minister of the Republic of Kazakhstan Murat Zhurebekov noted that a certain deficit of market supply was possible due to the fact the global economy was gradually recovering after the pandemic Read more »

Russian foreign minister expects attempts to attack Nord Stream 2 to continue

All works on the construction of the gas pipeline have been completed from Russia’s side, Sergey Lavrov noted Read more »

Gas price in Europe surpasses $840 per 1,000 cubic meters

On the previous day the gas price in Europe soared by almost $70, reaching $816 per 1,000 cubic meters at trading closing Read more »

Russia's current viable reserves to suffice for 21 years, says mineral resources agency

Western Siberia remains the most promising Russian region for exploration of oil and gas reserves, Acting Head of the Federal Agency for Mineral Resources Yevgeny Petrov noted Read more »

MiamiCoin: Miami votes and agreed to accept cryptocurrency funds

Photo by: DrawKit Illustrations/Unsplash Miami voted to accept cryptocurrency funds and in this state, it is called the MiamiCoin. It is a new cryptocurrency that was launched last month by ... Read more »