SEOUL—For decades after North Korea’s founding in the 1950s, financial security wasn’t a major concern for its citizens. A communist system provided most daily needs, and for many years …
North Korea’s Private Finance: No Banks but Lots of Loans
SEOUL—For decades after North Korea’s founding in the 1950s, financial security wasn’t a major concern for its citizens. A communist system provided most daily needs, and for many years …
‘This is the mafia’ — How North Korea structures its IT … – AOL
This year, North Korea advanced the strategy to a new stage, recruiting 90 top graduates for an AI research center and demanding double their monthly earnings from each worker—even as teams …
North Korea suspends foreign tourism to new beach resort
Just weeks after opening a massive new beach resort, North Korea has temporarily suspended foreign tourism to the self-proclaimed “world-class” facility.
North Korea. Russia deepen alliance; Apples, ammunition & manpower cross the border
While Russia may gain labour and weapons, the benefits to North Korea are not purely economic, as access to Russian funding and technology would likely accelerate the North’s weapons programme …
An American who helped North Korean IT workers rake in $17.1 million faces sentencing in scheme that tricked hundreds of Fortune 500 companies
Arizona woman Christina Chapman carefully oversaw at least 90 laptops at her home and shipped dozens of others to China, Russia, the UAE, and Nigeria, authorities said.
New pier completed at North Korea rocket launch site, satellite imagery shows
Satellite imagery indicates that a new maritime pier has been completed at North Korea’s key rocket station, where the latest spy satellite launches and other rocket tests have been conducted, …
North Korea-China trade corridor regains momentum amid signs of thaw
Outside the North Korean Embassy in Beijing on July 15, the so-called “North Korean shopping street” was unusually busy. Around 10 small shops, with names like Kumsusan, Myohyangsan, and Botonggang, …
China, North Korea and Russia represent biggest security challenge since World War II, Japan says
Japan is facing its most severe security environment since World War II as three potential adversaries in East Asia – China, Russia and North Korea – ramp up military activities in the region, the …
How North Korea Is Giving Russia an Edge in the War on Ukraine
Without the involvement of North Korea, Russia’s war in Ukraine might have taken a different turn. The infusion of weaponry and troops provided by Kim Jong Un’s regime has helped Russia to repel …