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 Kindl/Pexels In just half a year, the value of the North Korean ...

A pattern of tightening market controls and soaring prices has culminated in an ambitious government intervention – a comprehensive plan to regulate the grain trade. North Korea finds itself in the grip of a severe economic crisis marked by a dramatic ...

South Korea’s president Lee Jae Myung hailed his nation’s relationship with the United States in a CNN interview on Wednesday, pushing aside lingering trade concerns and welcoming President Donald Trump,

North Korea said Thursday that its latest missile tests involved a new hypersonic system aimed at strengthening its nuclear war deterrent, as leader Kim Jong Un continues to build up weapons designed to overwhelm South Korea defenses.

In this image provided by North Korean state media, leader Kim Jong Un visits Kim Jong Un University of National Defense in Pyongyang, North Korea, for a celebration of the 60th anniversary of its founding, Oct. 8, 2024. This content of this image is as ...