North Korea economy

The North Korean government’s persistent efforts to acquire foreign currency reflects the severity of the economic crisis the country is facing.

How bad might North Korea’s first COVID-19 outbreak get, and what options does the international community have in responding?

North Korea sees cryptocurrency as a lifeline amid pandemic-induced devastation to its regular economy.

Locals report increasing starvation deaths and disappearances among their neighbors, but Pyongyang is most concerned with preventing the harsh reality from souring planned celebrations.

In April, Kim Jong Un will mark the 10th anniversary of his complete succession to power. He doesn't have much to celebrate.

“The authorities found $80 million at the office,” a source told Daily NK.

Recent developments suggest North Korea is adopting its own version of “strategic patience”: ignoring diplomatic outreach until the situation turns in its favor.

Both domestically and internationally, class struggle prevents North Korea from integrating into the world economy. 

If North Korea’s extreme self-inflicted COVID isolation isn’t enough to break the Kim regime, external sanctions have no chance.

Unlike previous military parades, North Korea did not unveil new advanced weapons this time.

North Korean commodity prices skyrocket in some regions while currency exchange rates continue to plummet.