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In October 2006, Kim Jong-il’s North Korea again seized international attention. With its claimed underground nuclear test, Pyongyang upped the ante in its confrontation with the United States and the…
When Kim Jong-il died in 2011, the world held its breath as North Korea entered uncharted waters. No other communist dictatorship in the last century – for that matter no…
The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…
North Korea’s ambassador to the United Nations Kim Song demanded that the United States release a North Korean vessel that is currently held by authorities in American Samoa, warning that…
It’s been nearly one year since the Singapore Summit between President Trump and Kim Jong-un and the two countries are at an impasse. North Korea signals no intention of giving…
By Troy Stangarone After years of deteriorating relations between North Korea and China, Kim Jong-un recently made his first visit abroad to China. The surprise summit meeting between Kim Jong-un and Chinese President Xi Jinping comes ahead of highly anticipated summit meetings by Kim Jong-un with South Korean President Moon Jae-in and U.S. President Donald…
By Phil Eskeland While many have expressed relief over reaching a tentative deal on limiting steel imports from the Republic of Korea (ROK) to the U.S. and modifying the Korea-U.S. Free Trade Agreement (KORUS FTA) with respect to maintaining the alliance, South Korea still could get caught in the cross-fire between China and the United…
By William B. Brown Like many North Korea questions, we don’t know but we have some ideas. All of them regarding finance must be worrisome to Kim Jong-un and his cabinet as they try to deal with a near Chinese embargo on their exports that is likely causing an outflow of reserve dollars needed for…
By Juni Kim On March 8th, a special delegation from South Korea announced on the White House lawn that U.S. President Donald Trump had accepted an invitation from North Korea’s leader Kim Jong-un to meet. The surprise announcement followed an earlier proposal for an inter-Korean summit with South Korean President Moon Jae-in. Both summit declarations…
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