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Despite years of sanctions and isolation, foreign goods and modern consumer technologies continue to flow into North Korea providing elites with luxury goods and fueling the fragile economy. Countries such…
Winston Churchill coined the term “summit” in the early 1950s to define meetings between leaders of great powers in the Cold War. While summits have allowed needed personal contacts for…
While the initial focus may be on the humanitarian and safety needs of Japan after the Fukushima nuclear accident, South Korea has a major stake in the future of nuclear…
For much of the past month, the world has sat transfixed as the Arab World has begun to transform before our eyes. Having started in Tunisia, the call for political…
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…
On June 25, 1950, North Korea launched a surprise invasion of South Korea and started a war that is still technically ongoing. But it was – as North Korea’s Kim…
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…
In May, The Korean-born Los Angeles Dodgers’ pitcher Ryu Hyun-jin was named The National League Pitcher of the Month. When you think of Asians and baseball, you might think first…
This year began with a trip by Secretary of the Navy Carlos Del Toro to visit Korean shipyards and court Korean investment in US shipbuilding. In June 2024, Hanwha Ocean made a bid to purchase Philly Shipyard and secure a foothold for Korean shipbuilding in the United States. While Hanwha Ocean had previously bid for…
As multiple conflicts abroad caused ripples through the world of commerce and trade, the United States and South Korea came into the year broadly aligned on strategies to derisk and diversify supply chains, extending efforts to limit single country reliance on key material imports and integrating national security with economic security. Investments in advanced manufacturing…
Financial issues plagued North Korea in 2024 with Kim Jong Un’s singular success, halting the hyperinflation and currency debasement, suddenly coming unraveled in mid-year. After a decade of price and currency stability, the value of the North Korean won suddenly fell by about two-thirds between July and December. By year’s end, 27,000 won was needed…
Contributors (last name alphabetical): Andy Hong, Jaehyoung Ju, Je Heon (James) Kim, Joo Young Kim, Sheewon Min This timeline highlights major events in the aftermath of South Korean President Yoon Suk Yeol’s declaration of martial law on December 3, 2024 up to President Yoon's impeachment vote. The timeline will periodically update in reverse chronological order with brief descriptions and sources linked to each event. Time stamps…