Will the Kim regime be successful in uprooting this core element of North Korea’s black market economy? For decades, the ...

Kim Byung-yea, Distinguished Professor at Seoul National University’s Department of Economics, said on the 22nd, “A ‘hidden ...

Learn about centrally planned economies, where governments make key economic decisions. Explore features, benefits, ...

Current political and economic issues succinctly explained. In the more than three years since Russia invaded Ukraine, North Korea has emerged as a significant ally for Moscow. By first providing ...

The UN Security Council on Monday unanimously imposed new sanctions on North Korea, slapping a ban on textile exports and restricting shipments of oil products to punish Pyongyang for its sixth and ...

CAMP HUMPHREYS, South Korea — North Korea has informed U.N. Command of plans to resume construction projects along its side of the Demilitarized Zone, a move South Korean officials said aims to avoid ...

Reuters.com is your online source for the latest North Korea news stories and current events, ensuring our readers up to date ...

The mood music is building to a crescendo. This week Kim Jong Un, North Korea’s dictator, spoke to his rubber-stamp parliament about his “fond memories” of meeting Donald Trump, with whom he held ...

July 8 (UPI) --North Korea will not abandon its nuclear weapons. This is not a matter of opinion, but a strategic fact rooted in decades of historical precedent, failed diplomacy and shifting global ...

CAMP HUMPHREYS, South Korea — U.N. Command member states must continue to “stand shoulder to shoulder” with South Korea as battle lines drawn in Russia’s war against Ukraine stretch to include North ...