Via North Korean Economy Watch, commentary on the current state of North Korea’s economy: Sanctions and Covid-19 have fused together to put the North Korean economy in what can only reasonably be described as an awful situation. Trade first plummeted through sanctions, and then even further because of North Korea’s and China’s anti-Covid19 measures. And […]
Read more »Via CNN, an interesting report on how North Korea might be making millions — and breaking sanctions — selling sand: It was May of last year when Lucas Kuo and Lauren Sung noticed something strange: more than 100 ships gathering in the waters near Haeju, North Korea. As part of their work at the Washington-based Center […]
Read more »Via the Economist, a report on North Korea’s economy: The economy was not on the agenda when Kim Jong Un, North Korea’s dictator, appeared at a party meeting on May 23rd after his second three-week absence from public view in as many months. According to state media, the Supreme Leader promoted several military officials and […]
Read more »Via Bloomberg, an interesting article on doing business in North Korea: The message from Dubai in late 2018 wasn’t unusual. It’s just part of the day for Alejandro Cao de Benós to open his email and find some intrepid capitalist who wants to do a little business in North Korea. Recently, there was the one […]
Read more »Via 38 North, a look at North Korea’s economy: Although 2019 was not a good year for the North Korean economy, it was also not disastrous. Kim Jong Un will not be able to make much headway this year in implementing his vision of greater prosperity for the North Korean people as long as sanctions […]
Read more »Via The Asia Times, a report on how – despite sanctions – North Korea’s economy shows signs of virility: The earliest news to emerge from North Korea in 2020 covered two issues key to the Pyongyang regime as it advances into a new decade: loyalty and the economy. On January 5, North Korean state media […]
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