Search Results for: Kumgang sanctions

July 15, 2016

When Kim Jong-un nukes off — and he will — here’s how we should respond (updated)

The U.N. Security Council was already meeting about how to respond to North Korea’s latest missile tests when Pyongyang drew the curtain on its next act of satellite theater at Punggye-ri. Even without the latest sanctions, His Corpulency would probably have carried out another nuke test within the next year, if only to help consolidate his rule, and because the U.S. and South Korea are holding presidential elections. (North Korean dictators prefer to nuke off as new administrations assemble their...

Categories Sanctions
April 6, 2016

The Panama papers, Pyongyang, and Nigel Cowie

Here at OFK, we keep a running list of gullible foreigners who’ve tried to get rich in North Korea, justified their support for its regime as ways to reform and open it to global commerce, and instead met the same fate as Hyundai Asan, Volvo, Yang Bin, David Chang and Robert Torricelli, Chung Mong-Hun, Roh Jeong-ho, and Orascom’s Naguib Sawaris, who I predicted back in 2008 would “eventually meet the same fate.” Regulators should require securities issuers to disclose their investments in North Korea...

Categories Money Laundering/Sanctions
January 31, 2016

CSIS: Deter North Korea with subversive information (Update: You had one job!)

Penetrating outside information into North Korea questioning the legitimacy of leader Kim Jong-un should be considered as a key means to retaliate against and curb the communist nation’s cyber attacks, a U.S. think tank said. The Center for Strategic and International Studies (CSIS) made the suggestion in a report on policy suggestions on how to counter the North’s cyber operations, saying reponding to cyber attacks with cyber attacks won’t be effective because the North isn’t as dependent on networks as...

Categories Propaganda/Subversion
November 19, 2015

Of fools and their money: Martyn Williams on Orascom’s North Korea fiasco

Martyn Williams of the North Korea Tech blog has a must-read story at IT World about how Orascom’s investment in North Korea’s Koryolink mobile phone service “went horribly wrong.” That such a headline can be written is, by itself, a stunning reversal. During the early years of Kim Jong-Un’s reign, Koryolink was the poster child for more sanguine North Korea watchers, who believed that once a Swiss-educated reformer had taken the throne, a Pyongyang Spring must surely follow. For the...

Categories Engagement/NK Economics
September 22, 2015

Kirby denounces Pyongyang’s abductions as “barbarous,” “reunion” lotteries as “extremely cruel”

I wish I could claim authorship of the term “North Korean exceptionalism,” of the civilized world’s tendency to bow to North Korea’s obnoxious cruelty, to the point of excusing it from every obligation of law, treaty, or humanity. I understand the reasoning behind North Korean exceptionalism: North Korea is a special case. Its terrible history of war/occupation/poverty/whatever makes it a special challenge to draw it out of its shell. Therefore, we must take a gradualist approach that compromises our standards...

Categories Abductions
January 1, 2015

Last year’s analysis proves that this year’s analysis of N. Korea’s New Year speech will also be crap

The worst news of the day is that KCNA is working again. That means that as you read this, somewhere in northwest D.C., America’s best-credentialed astrologers are sifting through a desert of despotism for grains of glasnost. In line with the requirements of the prevailing situation, the officers and men of the Korean People’s Internal Security Forces should sharpen the sword for defending the leader, system and people, and members of the Worker-Peasant Red Guards and the Young Red Guards...

Categories Media Criticism/Washington Views
July 11, 2014

Open Sources, July 11, 2014

~   1   ~ I SUSPECT THAT SOMEONE LIKE KURT CAMPBELL would have been a better man for the job, but I wish John Kerry the best of luck in his discussions with the Chinese: “China shares the same strategic goal, and we discussed the importance of enforcing U.N. Security Council resolutions that impose sanctions on North Korea’s weapons of mass destruction and ballistic missile program,” Kerry said. However, Kerry said China needs to do more in reining in its...

Categories Anju Links
June 4, 2014

Coalition against N. Korea crumbles due to U.S. incompetence, betrayal, and weakness

Last week, Japan and North Korea announced an agreement under which Pyongyang would “conduct a comprehensive survey” of the whereabouts of “Japanese spouses, victims of abduction and mission persons,” both dead and alive, and return them to Japan. In exchange, “Japan has announced that it is lifting sanctions against North Korea on travel, reporting remittances and humanitarian shipping.” Japan also agreed “to examine humanitarian aid to Pyongyang at an ‘appropriate time.’” Xinhua also reports that Japan may send monitors to...

Categories Abductions/Diplomacy/Japan/Six-Party Talks
April 5, 2014

If Kaesong “wages” aren’t used to pay workers, what are they used for? (The Unification Ministry won’t comment.)

In yesterday’s post about Kaesong, I argued that by any reasonable definition, its North Korean workers are forced laborers, and that the best evidence we have suggests that the vast majority of their “wages” are probably stolen by the Pyongyang regime, through a combination of direct taxation and confiscatory exchange rates. My argument relied heavily on a recent study by the economist Marcus Noland, who has done an excellent job researching questions that most journalists have overlooked, addressing the ethical...

Categories "United" Nations/Appeasement/North-South/Sunshine
March 19, 2014

The U.N. Panel of Experts is starting to follow Kim Jong Un’s money.

The main headlines that will come of the U.N. Panel of Experts’ new report on the enforcement of North Korea sanctions will mostly cover the Chong Chon Gang incident — the large amount of weapons seized, the brazenness of its deception, and the complexity of its corporate and financial links to entities operating from Russia, Singapore, and China. There has been relatively little attention paid to the newly revealed evidence that North Korea has helped Syria and Iran arm terrorists....

Categories "United" Nations/Money Laundering/Sanctions
October 24, 2013

Ambassador Gifford’s Trojan Rabbit

Just in time for North Korea’s latest nuke test scare, Mike Gifford, the British Ambassador to North Korea, takes to the pages of the L.A. Times to urge readers to support “engagement” with North Korea, although not very convincingly. Gifford begins with a litany of reasons why we either shouldn’t, or can’t — human rights (reason enough to isolate South Africa and Sudan, but not North Korea, apparently); WMD proliferation, attacks, and threats (followed by U.N. sanctions that impose financial transparency requirements North Korea...

Categories Anju Links/Europe/Sunshine
September 19, 2013

Open Sources, September 19, 2013

~          1          ~ QUICK! TO THE VANKMOBILE! I hate to break it to “Jonathan Smith,” but no, South Korea is not known as the “PRK,” which I assume is supposed to stand for the “Peoples’ Republic of Korea.” Smith has set up a web site intended to reassure readers that their travels in North Korea will be perfectly safe (Ken Bae and Park Wang-Ja were not available for comment). His choice of a Q&A format–along...

Categories Anju Links
January 18, 2013

Xi Jinping Outsources Meeting With Park Geun-Hye to His Food Taster

China’s unhelpful behavior in the Security Council would have been reason enough for Park Geun Hye to follow the example of Shinzo Abe,* who deferred meeting with Chinese officials and instead met with the leaders of “countries sharing the same values, such as democracy and the rule of law.”  In retrospect, that might have been best: In her meeting with China’s Vice Foreign Minister Zhang Zhijun yesterday, President-elect Park Geun-hye said North Korea’s nuclear weapons development cannot be tolerated and that Seoul...

Categories "United" Nations/China & Korea/Diplomacy
April 30, 2012

In Kim Jong Un’s North Korea, China Helps a Few Get Richer

Who would have thought that a reporter could go to Pyongyang and bring home some news in spite of the minders? The economy of the isolated North — where famine killed hundreds of thousands in the 1990s — is widely believed to be battered and stuttering, but the luxury shops of the showcase capital tell a different story. According to expatriates living in the city, there are ever more cars on the roads and traffic in the centre is increasingly...

Categories China/Sanctions
February 8, 2011

South Korea should close Kaesong and encourage remittances.

The Chosun Ilbo reports that as the North Korean diaspora swells, those who have escaped are forming stronger financial links with their hungry families in the homeland. And this has some people concerned: North Korean defectors settled in South Korea are sending some US$10 million a year to their families back home, it was reported on Sunday. The amount is expected to grow as there are more than 20,000 North Korean defectors in the South and the number is increasing,...

Categories Famine & Food Aid/NK Economics/Refugees/Regime Change/Subversion
January 3, 2011

Open Sources

Several weeks ago, I blogged about the North Korean manager of a restaurant in Nepal who absconded with the till and defected. The Chosun Ilbo has several interesting updates to that story, including the fact this turns out to have been just one of two such restaurants in Kathmandu, that the manager has arrived in South Korea, and that Nepal has released the South Koreans who helped arrange the defection. Then there is this illustration of how small changes in...

Categories Anju Links
May 24, 2010

Overthrowing Kim: A Capitalist Manifesto

[Originally published at The New Ledger, May 2010; edited for brevity in October 2017] Within the next 48 hours, South Korea is expected to announce that North Korea torpedoed and sank the warship Cheonan and killed 46 of her crew. Among the evidence the multinational investigation will cite will be the North Korean serial number on the torpedo’s propeller, recovered from the ocean floor. The sinking of the Cheonan may be the most serious North Korean provocation since 1968 —...

Categories Capitalism/Regime Change
April 17, 2010

Avoiding the Next Korean War

Of course, it is premature for any government to assign blame for the sinking of the South Korean warship Cheonan before reviewing the detailed findings of a completed investigation. But for many South Koreans, the conclusion is already inescapable that North Korea did it. That’s my hunch, too. If I had to pick a favorite theory, it would involve North Korea’s semi-submersibles — they operate well in shallow waters, are hard to see on radar, can move quickly on the...

Categories Cheonan Incident