Private financing has been spreading rapidly across North Korea where previously any money transactions without the involvement of state organs was not permitted. Now the communist regime has turned (more…)
North Korea not only spent $2 billion on its lavish 70th anniversary festivities for the Workers’ Party but also collected “loyalty donations” for the event, sources say. (FULL STORY) (more…)
By Dr. Jong-Heon Lee SEOUL — Cash-strapped North Korea has failed to secure foreign dignitaries to attend its biggest celebration in years, placing a damper on the isolated nation’s (more…)
By Dr. Jong-Heon Lee SEOUL — North Korea’s youthful leader Kim Jong-Un has recently installed economic technocrats to key higher posts in a sign he will focus efforts on (more…)
By Dr. Jong-Heon Lee North Korea’s youthful leader Kim Jong-Un has recently installed economic technocrats to key higher posts in a sign he will focus efforts on rebuilding the (more…)
By Dr. Jong-Heon Lee North Korea’s recent wild swings between confrontation and detente shows how deeply Kim Jong-Un feared South Korea’s loudspeaker propaganda broadcasts, officials and analysts here said. (more…)
North Korea has executed vice premier Choe Yong-Gon, another in a series of high-level purges, according to a South Korean media report. Choe, 63, was said to have been (more…)
North Korean leader Kim Jong-Un is moving to improve ties with China that have been strained during much of the young leader’s brief tenure, officials and sources here say. (more…)
By Dr. Jong-Heon Lee North Korea has prepared a massive military parade and most likely military provocations in a bid to stabilize the ruling elite and the public, military (more…)
