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December 26, 2024

Economy

Information related to the North Korea economic sector

China, North Korea resume overland trade with first train crossing in 5 months

China, North Korea resume overland trade with first train crossing in 5 months

Unification ministry confirms first crossing since late April, as two sides report no COVID cases near border

China, North Korea resume overland trade with first train crossing in 5 months
Colin Zwirko
Colin Zwirko September 26, 2022
Why sanctioning Tornado Cash may do little to curtail North Korean cyber crime
NK PRO

Why sanctioning Tornado Cash may do little to curtail North Korean cyber crime

By removing human operators, the software-based crypto mixer creates new headaches for authorities and sanctions regime

Why sanctioning Tornado Cash may do little to curtail North Korean cyber crime
Dennis Desmond
Dennis Desmond September 26, 2022
Coffee and shampoo prices in North Korea fall to Earth after soaring last year

Coffee and shampoo prices in North Korea fall to Earth after soaring last year

Source reports decline from pandemic highs, but expert says foreign good costs may not reflect broader economic trends

Coffee and shampoo prices in North Korea fall to Earth after soaring last year
Ifang Bremer
Ifang Bremer September 22, 2022
How US-China rivalry impedes North Korea’s denuclearization
NK PRO

How US-China rivalry impedes North Korea’s denuclearization

Great power competition is creating a dangerous regional divide, pushing Pyongyang further into Beijing’s orbit

How US-China rivalry impedes North Korea’s denuclearization
Marialaura De Angelis
Marialaura De Angelis September 19, 2022
North Korea scraps massive ‘motherships’ after using them to smuggle oil: Report
NK PRO

North Korea scraps massive ‘motherships’ after using them to smuggle oil: Report

UN Panel of Experts identifies new tactic to destroy evidence as DPRK continues efforts to elude sanctions monitors

North Korea scraps massive ‘motherships’ after using them to smuggle oil: Report
Ethan Jewell
Ethan Jewell September 16, 2022
State media review: The wide world of sports takes North Korea by storm
NK PRO

State media review: The wide world of sports takes North Korea by storm

An in-depth analysis of sports competitions, letters from China and Russia, agricultural ‘morale’ and more

State media review: The wide world of sports takes North Korea by storm
Seung-Yeon Chung
Seung-Yeon Chung September 15, 2022
Kim Jong Un sets ambitious economic goals but has no real plan to achieve them
NK PRO

Kim Jong Un sets ambitious economic goals but has no real plan to achieve them

In latest speech, North Korean leader doubles down on decades-old proposals that have failed to fix incentive problems

Kim Jong Un sets ambitious economic goals but has no real plan to achieve them
Peter Ward
Peter Ward September 13, 2022
North Korea and Russia agree to resume rail traffic, provincial government says

North Korea and Russia agree to resume rail traffic, provincial government says

DPRK ambassador to Moscow reportedly reaches deal with Primorsky governor to open border for first time since 2020

North Korea and Russia agree to resume rail traffic, provincial government says
Ifang Bremer
Ifang Bremer September 9, 2022
North Korean waters see fewer intrusions as China’s fishing season resumes: Data

North Korean waters see fewer intrusions as China’s fishing season resumes: Data

Beijing recently warned fishers to avoid North Korean waters, where violent clashes have sometimes taken place

North Korean waters see fewer intrusions as China’s fishing season resumes: Data
Ethan Jewell
Ethan Jewell | Ifang Bremer September 9, 2022
North Korea promotes ‘encrypted’ money transfers through new financial product
NK PRO

North Korea promotes ‘encrypted’ money transfers through new financial product

Service advertised in recent brochure likely aims at concentrating foreign currency in state hands, experts say

North Korea promotes ‘encrypted’ money transfers through new financial product
Chad O'Carroll
Chad O'Carroll | Sojin Jung September 6, 2022
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