Roundup of Kim Jong-il’s 2011 trip to Russia (and China)
UPDATE 12 (2011-8-31): The North Koreans have made a short documentary of Kim Jong-il’s trip to Russia. I have uploaded it to YouTube in three parts: Part 1, Part 2, Part 3. UPDATE 11 (2011-8-29): When Kim Jong-il returned to Pyongyang his trip was hailed as a success. A banquet was held for him and [...]
Read MoreRoad to Rason (38 North)
38 North Andray Abrahamian 2011-8-29 A bus bumps and bruises its way along the unpaved road, carrying would-be investors to Rason’s First Rason International Trade Exhibition which ran from August 21-25, 2011, in Sonbong. The windows are open, until a crimson humvee barrels past, its powerful suspension dancing on the road, leaving behind a plume [...]
Read MoreNorth Korea yet to recognize Libya’s rebel NTC
Pictured above: (L) Kim Il-Sung and Muammar Gaddafi attend a Mass Games performance in Kim Il-Sung Stadium, (R) Muammar Gaddafi gives an award to Kim Il-Sung According to the Korea Times: North Korea has not yet officially recognized the rebel National Transitional Council (NTC) in Libya as the North African nation’s legitimate governing authority, said an official at [...]
Read MoreROK moves to keep inheritance assets out of DPRK
UPDATE 1 (2011-8-30): Cabinet approves bill on N. Koreans’ right to inherit assets in ROK. According to Yonhap: The Cabinet on Tuesday approved a bill that would protect North Korean residents’ rights to inherit assets from their families living in South Korea but also strictly limit the transfer of those assets out of the South, [...]
Read MoreIllinois Loses Most Jobs in Nation Following Tax Hikes
Thanks to Illinois governor Pat Quinn and the Illinois legislature Illinois Loses Most Jobs in the Nation In a trend that continues to worsen, more Illinoisans found themselves unemployed in the month of July. Illinois lost more jobs during the month of July than any other state in the nation, according to the most recent [...]
Read MoreThree in 10 Workers Worry Over Layoffs, Double the Level in August 2008
If you are looking for the reason Consumer Confidence Plunged to 44.5, Lowest Since April 2009 the answer can be found in a recent Gallup poll regarding fear of being laid off. Please consider In U.S., Worries About Job Cutbacks Return to Record Highs American workers’ concerns about various job-related cutbacks have returned to the [...]
Read MoreCalifornia, Faith, and Economic Growth
The power of faith is always impressive, and few demonstrate more faith than those who truly believe that California’s economy will always recover boundless economic prosperity regardless of policy. The true believers’ faith persists in spite of years of contrary evidence. California’s share of national jobs peaked in 1990. Domestic migration has been negative for [...]
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