Economy
News
Venezuela Eliminates 100 Bolivar Banknote
Cash crunch worsens as Venezuela weathers one of the worst economic crises in its history Venezuela pulls most popular banknote – BBC News Venezuela’s widely-circulated, oft-used 100-bolivar banknote will not be legal tender beginning December 16, 2016. Venezuelan citizens received notice of this move by the central government only a few days ago and the […]
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China’s Economy is Transforming Southeast Asia Into Regional Superhub
The growth of China’s influence in Cambodia, Laos, and Myanmar Switching Sides: China, the US, and Political Change in Southeast Asia from East Asia Foundation The growth of the economy of the People’s Republic of China (PRC) is transforming the Southeast Asian region as low-paying factory jobs move out of the PRC and into the […]
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Asia‘s Great Wealth Divide
As Nikkei points out with this awesome graphic, while the nations of East Asia have the fastest growing economies in the world, there is still a lot of work to be done in closing the gap between the nations’ poorest and wealthiest citizens. Nikkei notes that the gap is greatest in Malaysia and that disparities […]
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MMO Video Games (Massively Multiplayer Online)
Video Games
How the Economy Works in Upcoming Trion MMO RPG Sandpark ArcheAge
Elements of EVE yet firmly rooted in the theme park structure established by World of Warcraft, ArcheAge is potentially the most significant MMO to come out this year. We can’t wait. If you’ve been wondering how the economy work then this video from TGN will help explain to you how awesome Trion’s adaptation of the […]
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The Purge of Jang Song-thaek: Kim Jong-un Consolidates His Power As Top Officials Purged in Largest State Show Trials Since Kim Il Sung’s Purge of the Domestic Faction in 1955
- December 25, 2013
- China
- Choe Ryong-hae. methamphetamine
- Democratic People's Republic of Korea
- DPRK
- Economics
- Economy
- Jang Song Thaek
- Kim Dynasty
- Kim Il-sung
- Kim Jong-il
- Kim Jong-Un
- Kim Kyong-hui
- Kim Won-hong
- Korea
- Nam Jae-joon
- North Korea
- Paektu line
- People's Republic of China
- PRC
- purge
- South Korea
- South Korea National Intelligence Service
- trade
Possible turmoil in the DPRK as reports are swirling about the execution of Jang Song Thaek, Kim Jong Un’s uncle and nominal second-in-command of the Democratic People’s Republic of Korea. A full-scale purge is believed to be underway as thirty-year-old Kim Jong Un seeks to eliminate factionalism within North Korea to consolidate his nascent rule […]
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Breaking News: Hassan Rouhani Takes Iranian Presidential Oath of Office, Ending Ahmadinejad Era
Hassan Rouhani was sworn in as Iran’s new president today, replacing controversial leader Mahmoud Ahmadinejad. The 65-year old reform-minded cleric was elected by a coalition of traditional, conservative voters and those aiming for gradual reform within the Iranian system. As a former nuclear negotiator it is hoped that Rouhani’s credentials can help ease tensions over […]
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Japan Records High Trade Deficits in 2012 Due to Fall in Exports to China
Japan’s economy had record high deficits during 2012 due to falling exports to Europe and China in a trade gap estimated at $78 billion. Newly elected Liberal Democratic Prime Minister Shinzo Abe has proposed an aggressive round of stimulus spending to stoke the fires of economic development in the world’s third largest economy. The […]
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Japanese Politician Taro Aso Proclaims Japan Should Allow Elderly to ‘Hurry Up and Die‘
Ever controversial, Japan’s newly-appointed Liberal Democratic Party Minister of Finance, Taro Aso, addressed Japan’s elderly care problem in a press conference January 21 in Tokyo by stating that the elderly should be allowed the right to end their lives rather than have the state of Japan waste billions of yen on their care. Taro Aso, […]
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