Moon’s Win Shows Public Support for Big Spending to Combat Virus

(Bloomberg) -- A landslide election victory for President Moon Jae-in’s parties shows resounding support among South Koreans for ramped-up government spending supported by the central bank to ride out the economic impact of the coronavirus pandemic.South Korea’s parliamentary elections took place this week with the government’s latest stimulus package already outlined for them to effectively vote on. The package, officially announced Thursday, offers emergency cash handouts to