Feb 8, 2017

China halts construction at major Lotte project amid THAAD tension

South Korea’s Lotte Group said Chinese authorities have halted construction at a multibillion dollar real estate project in the northeastern city of Shenyang after a fire inspection. South Korean media have described a string of inspections at Lotte’s Chinese ventures as retaliation over the ...

How much is a dollar worth in North Korea?

Feb 6, 2017

How much is a dollar worth in North Korea?

by

To get a feel for how North Korea’s economy works, go buy a roll of toilet paper. Or start up a mobile phone network. As capitalist-style markets have grown more important in North Korea, so has a market-friendly exchange rate for the much-coveted U.S. ...