Ahead of Halloween, on the 30th, a massive crush disaster occurred in the Itaewon area. Police forces are controlling the scene and moving busily in the Itaewon area of Yongsan-gu, Seoul. Photo by Kang Jin-hyung aymsdream@

Ahead of Halloween, on the 30th, a massive crush disaster occurred in the Itaewon area. Police forces are controlling the scene and moving busily in the Itaewon area of Yongsan-gu, Seoul. Photo by Kang Jin-hyung aymsdream@

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[Asia Economy Reporter Lee Ji-eun] Nearly 150 people died in the Itaewon Halloween accident, leading the political circles to cancel a series of scheduled events. The 'Legoland' party-government meeting scheduled for the 30th was also canceled.


According to political circles on the 30th, the 6th High-level Party-Government Council scheduled for that afternoon was canceled.


At this high-level party-government meeting, the People Power Party, the government, and the Presidential Office were to attend to assess the financial market instability triggered by the 'Legoland incident' and discuss countermeasures.


Earlier, when the 'Legoland incident' caused a liquidity crunch in the financial market, the government announced over the past weekend that it would activate a liquidity supply program worth '50 trillion won + α,' but market instability has not easily subsided. Therefore, it was decided to discuss follow-up measures through party-government consultations.



Lee In-young's office of the Democratic Party of Korea also announced that the unification walking event scheduled for the same day would be completely canceled.


This content was produced with the assistance of AI translation services.

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