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 […]
Read MoreJapan’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 […]
Read MoreA recent report by a United States Senate Republican committee speculates that the People’s Republic of China (PRC) could prevent any potential reunification of North Korea and South Korea in the event that the Kim family is thrown out of power or the government of the DPRK collapses. Of course, such a scenario is not entirely implausible […]
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