Goldman Sachs Optimistic on Korean Future
A new report from Goldman Sachs which outlines the investment bank’s view of a post-reunification Korean landscape has been released.
The report, “A United Korea?...
School: New Hub of Product Distribution Networks!
In North Korea, educational institutions long ago stopped cultivating people of talent, but remain extremely important for the circulation of market information.
This is...
No Going Home during 100-Day Battle Harvest
Having finished the 150-Day Battle on the 16th, the North Korean authorities have finally announced the details of an oft-rumored new campaign, the “100-Day...
North Korea’s Finance Minister Sacked
According to the Chosun Central News Agency (KCNA), North Korea’s Minister of Finance Kim Wan Su has been removed from office, and Park Su...
U.S. President Says Kim “Healthy and In Control”
Kim Jong Il is healthy, and likely to be on the scene for a while longer yet, according to U.S. President Barack Obama.
Speaking...
Big Deal Talk Is Worthless
It is probably not true. I do not want to believe it is true.
On the 17th, Japanese newspaper Asahi Shimbun reported, "The South Korean...
PSA Cracks Down on Loan Sharks
Shenyang, China -- North Korea’s police, the People’s Safety Agency (PSA), have launched a special investigation into the behavior of loan sharks, or “usurers,”...
Fighting Frozen Weather on the Mountain
On January 7, 2001, I witnessed an incident I can’t erase no matter how hard I try.
A heavy snow had started the day...
State Media Trumpets End of 150-Day Battle
The publication of the North Korean Workers' Party, Rodong Shinmun, announced on the 18th that the “150-Day Battle” has ended in victory. Furthermore, it...
South Korean Fisherman Compensated for False Conviction
After no fewer than 124 days in North Korean captivity and 7 years in a South Korean jail convicted of espionage, a Seoul court...