Category: Society / Economy

<Inside N. Korea> A recent flood has left thousands dead: following the flood mass forced-migration of the poor into the affected area. ‘Entire villages have disappeared. ‘

In the end of August this year, there was a huge flood in northeastern North Korea. International organizations such as International Federation of Red Cross and Red Crescent Societies, after conducting the onsite inspection in the mid-September, reported that “The flood in North Hamgyong Province left 138 people dead and 400 still missing.” …

Women, selling rice from China, are eating noodles. Japanese brand “Akita Komachi” is found on a packing paper. Taken at a northern border town on October 2013. (ASIA PRESS)

<Inside N.Korea> Is Economic Sanction Really Effective? Searching Effect from Retail Price Index

The UN Security Council adopted ‘Resolution 2270 (which sanctions North Korea)’ on March 2, in regards to the nuclear test and ballistic missile launching by Kim Jong-un regime. It is regarded the most severe sanction. China, the biggest trading partner with North Korea, promised that they would observe earnestly the resolution. ASIA PRESS reports the effects of international sanction on North Korea by research on markets at various locations in the country. The following reports are on recent price trend compared to the ones before the nuclear test. (ISHIMARU Jiro)