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North Korea foreign currency

North Korea Is Closing Some Diplomatic Missions Abroad

North Korea Is Closing Some Diplomatic Missions Abroad

By Hyung-jin Kim
South Korea thinks the closures are a sign of the North’s economic troubles and the effectiveness of sanctions.

China Holds the Key to Halting North Korea’s 7th Nuke Test

China Holds the Key to Halting North Korea’s 7th Nuke Test

By Min-yong Lee
North Korean workers abroad provide a crucial source of funding for the regime's nuclear program – most prominently from China.
North Korea Is Desperately Seeking Foreign Currency to Fund Its Military

North Korea Is Desperately Seeking Foreign Currency to Fund Its Military

By Seulkee Jang
A consulate in China ordered trade officials to identify collaborators who can send or launder money, even if they cannot directly invest in North Korea.

North Korea Earns Foreign Currency Through a Shadow IT Industry

North Korea Earns Foreign Currency Through a Shadow IT Industry

By Seulkee Jang
"We get most of our work from North America and South America," a cadre involved in the efforts said.

How the North Korean Government Is Squeezing Foreign Currency Out of Its People

How the North Korean Government Is Squeezing Foreign Currency Out of Its People

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

North Korea’s Foreign Cash Crunch

North Korea’s Foreign Cash Crunch

By Benjamin Katzeff Silberstein
North Korea’s government bonds and other economic coercion is a red flag for state finances.

German Court Rules Against Berlin Hostel at North Korean Embassy

German Court Rules Against Berlin Hostel at North Korean Embassy

By Associated Press
Judges said city authorities had no choice but to close the hostel as North Korea “represents a threat to world peace.”
What’s Behind North Korea’s Recent Efforts to Promote Its Education Sector?

What’s Behind North Korea’s Recent Efforts to Promote Its Education Sector?

By Tae-jun Kang
North Korean propaganda has been unusually fixated on praising the country's education sector. Why?

North Korea's 'Artistic' Way of Making Foreign Money: Art Sales

North Korea's 'Artistic' Way of Making Foreign Money: Art Sales

By Tae-jun Kang
Amid international sanctions, selling North Korean art is a creative way to bring in foreign currency.

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