Why the United States Won’t Provide Financial Aid to North Korea
In trying to get Kim Jong-un to give up his nuclear program, Trump has suggested the U.S. private sector provide financial assistance to North Korea.
In trying to get Kim Jong-un to give up his nuclear program, Trump has suggested the U.S. private sector provide financial assistance to North Korea.
Analysts have attributed recent market downturns to North Korean provocations, but investors seem to be reacting more negatively to responses from the Trump administration.
Late last year, the Bank of Korea (BoK), South Korea’s central bank, announced its plans for a “Cashless Society,” which first and foremost means getting rid of coins by 2020. But while the BoK has reduced its annual expenditure on coin production by 200 million won from 2015 to 2016, it could do more.