Archive for the 'Economics' Category

North Korea’s Crazy Act an Act

Thursday, September 10th, 2009

After missile and nuclear tests and uranium enrichment, the U.S. sanctions North Korean firms while Pyongyang reverses, making overtures. It’s not an accident, it’s a pattern of strategic disengagement.

Fallout from North Korea’s HEU Admission

Friday, September 4th, 2009

Highly Enriched Uranium (HEU) programs don’t pop-up overnight, especially in third-world backwaters like North Korea. Yet North Korea has announced via state-run media that it is capable of the “final stage of uranium enrichment.”
How shocking! There were no clues! There was no way to know this!
Well, not really. All [...]

The Surprisingly Many Autos of North Korea

Friday, September 4th, 2009

Erik van Ingen Schenau of the China Motor Vehicle Documentation Centre has posted a collection of photos of vehicles manufactured in North Korea. A larger variety than I realized, and more than a few named Chollima (천리마).

North Korea Voids Political-Military Agreements with ROK

Friday, January 30th, 2009

North Korea’s state media, the Korean Central News Agency (KCNA), on 30 January 2009, released statement declaring the DPRK’s unilateral withdrawal from all political and military agreements with South Korea.
Specifically cited was a 1991 agreement that included a sea border in the Yellow Sea. This signals North Korea’s dissatisfaction with ROK President [...]

American Beef Now OK in ROK

Thursday, December 11th, 2008

Remember the mad protests about American beef in South Korea? The mass hysteria of biblical proportions (”cats and dogs living together!”) that gripped the country and led to its otherwise sensible president to apologize regarding the “hurried” negotiation over resumption of the importation of American beef?
Well, now, apparently, American beef is welcome in ROK again:
Now, [...]

Pyongyang Soju Updates Lables for U.S. Market

Sunday, August 24th, 2008

In a previous post on Pyongyang Soju being imported to the U.S., I used pics from a bottle I have, which was purchased in South Korea. Jason Perlow of Off the Broiler sampled some Pyongyang Soju at a Korean restaurant in New Jersey and has photos of the updated labels (looks like it was $5.99 [...]

What if Kim Jong-il Died… Today? (Part 2)

Friday, August 8th, 2008

This post is continued from last July, when rumors or Kim Jong-il having heart surgery had (again) brought up the question of who would lead North Korea should he die. That post basically covered dynastic succession and focused on his three legitimate sons, Kim Jong-nam (김정남), Kim Jong-chol (김정철), and Kim Jong-eun (김정운), none of [...]

North Korea Meth at Subic in the Philippines

Tuesday, June 10th, 2008

Via Reuters: “…there was strong suspicion a huge shipment of methamphetamines seized at the former U.S. navy base of Subic north of Manila this week came from clandestine drugs laboratories in North Korea.” The Joker took over Batman’s abandoned cave.

UN Clears Self of Hemorrhaging Cash in North Korea

Tuesday, June 3rd, 2008

The UN’s audit of the UNDP – which last June the internal audit was noted as being somewhat of a fiasco – has, surprise, surprise, cleared the UNDP and itself of any wrongdoing in the matter:
The case has in part revolved around accusations that some of the hard currency UNDP spent in North Korea ended [...]

More Cars in China

Wednesday, April 23rd, 2008

As a former immigrant, I revere America’s car culture. Automobile, to me, means freedom — to go where one wishes, rather than to be limited by the rail tracks or bus routes that the government determines. This freedom of mobility might increase in China as more Chinese buys cars, including foreign cars. This is certainly [...]