North Korea finds itself in the grip of a severe economic crisis marked by a dramatic currency devaluation and soaring prices, with foreign exchange rates and domestic prices more than doubling ...
In North Korea, the relentless rise in the exchange rates of foreign currencies, coupled with surging food prices, paints a bleak picture of an economy on the brink of collapse. Photo by Lukas ...
Dec. 4 (UPI) --In the shadowed alleys of Pyongyang, the market stalls buzz with a quiet desperation. Rice, corn, and other staples -- already scarce -- are slipping out of reach for most North Koreans ...