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By Nicholas Hamisevicz The fear that North Korea’s suspension of activities at the Kaesong Industrial Complex would have broader implications began to materialize last week when Daewha Fuel Pump Industrial Ltd. announced it failed to deliver parts in time to its Indian customer. Other companies are beginning to publicize their setbacks as well. The economic…
By Troy Stangarone As often happens with North Korea, there have recently been suggestions that the regime may be interested in engaging in economic reforms. The latest hopes spring from the appointment of Pak Pong-ju, a noted economic reformer, as prime minister and the replacement of most ministers of industry with officials believed to have…
By Nicholas Hamisevicz North Korea’s decision to launch a satellite in the midst of important regional political transitions underscores its disregard for building better relations with new leaders throughout its neighborhood. Rather than creating a favorable environment for South Korean presidential candidates who had been talking about re-engaging with the DPRK, Pyongyang has slammed the door…
North Korea's announcement that it would be launching a satellite between December 10 and 22 means that it coincides with the timing of South Korea's Presidential election, scheduled to take place on December 19. Will the DPRK rocket launch affect the outcome of the election? Only time will tell. But according to the latest Asan…