US and South Korean Economic Growth Diverge in Q3 2024
South Korea eked out a disappointing 0.1 percent gain from Q2. In contrast, the US showed a 2.8 percent growth, down slightly from 3 percent.
Korea’s Economic Growth Projected to Accelerate in 2024
The OECD projects a GDP growth rate of 2.6 percent for Korea in 2024, which is substantially higher than the February 2024 outlook.
Pyongyang’s Deficit Soars: Won Steady But for How Long?
ICBMs are not the only things soaring in North Korean skies. Comprehensive second quarter data released by China Customs last week shows a huge jump in North Korea’s trade deficit with China.