According to Chinese commodity brokers, resumption of regular trade between Beijing and Pyongyang is expected to resume on Monday, after a North Korean train pulled into a Chinese border town on Sunday in the first such crossing since anti-coronavirus border… Read More ›
Pyongyang
China allowing tourism in North Korea through its border cities with its ally
Thanks to Chinese tourists North Korea earns $44 million a year in foreign currency. According to tourism sources, Chinese tourists are still visiting Pyongyang from China’s border city Dandong. The development is despite apparent unofficial halting of such tours, just… Read More ›
Delegation from Russia’s defense minitry lands in Pyongyang
Having demonstrated its military prowess by largely wiping out the foes of Syrian President Bashar al-Assad and with the U.S. tasting limited success in its aims to engage North Korea’s leadership, Russia is once again flexing its diplomacy-backed military muscles… Read More ›
North Korea’s exports of iron ore, lead and coal fall to their historic lows
While China had earlier continued to export gasoline and diesel to Pyongyang it has stopped doing so over concerns that North Korea will be unable to pay for the goods. Although export levels have dropped significantly, they are yet to… Read More ›
North Korea staring at U.N backed military options
With a naval blockade for enforcing U.N sanctions being one of the military options available in the U.S. repertoire, North Korea’s only ally has begun naval war games with Russia in the Korean peninsula. The U.N Security Council has run… Read More ›
The Japanese Yen and the Euro are rising against the USD following Pyongyang’s testing its nuclear device
Although North Korea’s move have seen many investors moving to Japanese assets, many investors worry that in the event of an actual war, these very assets may lose their shine. With North Korea raising the ante, gold, the Japanese yen,… Read More ›
North Korea will gain Guam strike capability in mid-August
With North Korea’s state media revealing details of the strike capability, it would appear that the China-backed regime is baiting the Donald Trump. North Korea’s state media has disclosed that it will be in a position to launch four intermediate… Read More ›