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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

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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North Korea News Today

United States President Barack Obama and People’s Republic of China President Xi Jinping Agree to Curb North Korea

Chinese President Xi Jinping and US President Barack Obama met in Rancho Mirage, California to discuss a range of issues from North Korea to climate change and trade relations between the United States and China. [Al Jazeera]  

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News

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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