Tag: economic troubles
Orphaned North Korean teen forced to abandon school dreams to run...
A teenager in Tanchon, South Hamgyong province, has been making a living in the market after suddenly becoming her family's breadwinner.
"A middle schooler named...
N. Korean authorities jail private tutors as crackdown intensifies
North Korean authorities have recently been tightening restrictions on private tutoring. Anyone caught being paid for private lessons reportedly faces legal sanctions, with no...
N. Korean smugglers import used vehicles as transportation business grows
North Korea is smuggling used vehicles, including four-door trucks and motorcycles, into Hyesan. These vehicles are in high demand among private businesspeople who use...
North Korean banks ordered to round up idle currency amid economic...
North Korean authorities have ordered commercial banks to intensify efforts to collect idle local and foreign currency from the public. The directive, issued by...
Street robberies rise as “black shadows” stalk Hamhung
Gangs of teenagers and young adults are terrorizing women in Hamhung, mugging them in alleyways and sparking community fears about escalating violence.
The gangs, dubbed...
Rising commodity prices and exchange rates hit ordinary businesspeople hard
North Koreans who make a living by selling goods on the street are being hit hard by rising prices of commodities and climbing KPW-USD...
N. Korea orders party committees nationwide to closely monitor public sentiment
North Korea’s central government recently ordered party committees across the country to closely monitor how people are faring under the country’s difficult economic conditions...
N. Korea’s difficult economic situation forces people to risk their lives...
A recent report from inside North Korea suggests that a growing number of the country’s citizens are manufacturing incidents and accidents for compensation money.
In...
N. Korea forms group to battle illegal foreign currency transactions
North Korea has moved to strongly crack down on potential "negative effects" caused by the floating of government bonds last month, including the forming...
