Monthly Archive: July, 2005

Inflation Creates a North Korean “Dollar Economy”

Daily NK had one last fascinating report today, about North Korea’s worsening inflation and the burgeoning black market in dollars that has resulted. The dealers are increasingly sophisticated and brazen, plying their trade in front of major hotels and getting exchange rate updates by cell phone: High inflation is continuing in North Korea. Price of dollar in the blackmarkets in Pyongyang was â–² 950 Won/1$ in Nov. 2003 â–² 1,245 Won in May 2004, â–² 2,200Won in Feb 2005 and...

More Defections?

From the Joongang Ilbo: Citing an unidentified source with a group that supports North Korean defectors, Yonhap News Agency reported yesterday that 10 North Koreans entered a Korean international school in Qingdao, China, and requested asylum in South Korea. The source was quoted as saying that two men and eight women, all from Hamgyong province, entered the school through the front gate while students were leaving. This is a risky move. It’s doubtful that a school will have protected diplomatic...

Roh Wanes

Count Roh Moo-Hyun among those being swept back out to sea in the post-9/11 wave of anti-American passive-aggressiveness. Chirac is battered, Schroeder is finished, and now Roh may be forced into a potentially fractious coalition with the far-far-left Democratic Labor Party or the center-left Millenium Democratic Party, from which he broke in 2002 shortly after his election. In Korean politics, such coalitions have a history of extreme instability. It remains to be seen whether these parties can unite sufficiently to...

Historical Myopia

Senators Hillary Clinton and Carl Levin have an op-ed about North Korea’s nuclear program in today’s Washington Post. It is an unremarkable document in its failure to offer any new or novel suggestions for solving the seemingly insoluble problems that confront us now. As an attack on the Bush administration’s (lack of a) North Korean policy, it sets itself up for easy success. As a defense of Clinton-era policies that helped to make matters infinitely worse, it is remarkable for...

Exploitation Watch

From the Chosun Ilbo: Civic groups are demanding that Korea take over prosecution of the U.S. military driver whose truck killed a 51-year-old yogurt delivery woman in Dongducheon last month. An “emergency committee” including the Dongducheon Civil Association and the National Campaign for Eradication of Crime by U.S. Troops in Korea held a press conference in front of the government complex in Gwacheon on Monday to urge the Justice Ministry to wrest the investigation from U.S. military authorities. It will...

A Catastrophe Unfolds

Disturbing reports of a dramatically worsening famine continue to filter out of North Korea, notwithstanding the regime’s Maoist mobilization of schoolchildren and office workers to the countryside. It’s not working, according to South Korean agricultural expert Kang Jong-Man, via the L.A. Times: The rice paddies are thin and uneven. Potato plants are pale and stunted. The fields are not properly graded. Barley still on the stalks should have been harvested weeks ago so that the same fields could be used...