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North Korea

Capital: Pyongyang

How to protect your portfolio in times of crisis

Last week, everyone held their breath while U.S. President Donald Trump and North Korean leader Kim Jong Un traded verbal fireworks.

The president threatened to rain fire and fury the like of which the world has at no time seen onto the rogue national. Not to be outdone, the North Korean leader took the unprecedented step of unveiling a plan to launch missiles to within a few kilometres of Guam, a major U.S. military outpost in the western Pacific.

Markets shuddered as the war of words escalated. Stocks from Wall Street to Hong Kong tumbled while gold ratcheted higher, as it always does in times of high drama. Was this to be the Cuban missile crisis of our generation?
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Philippines' Duterte calls North Korea's Kim a 'fool' over nuclear ambitions

Philippine President Rodrigo Duterte on Wednesday described North Korean leader Kim Jong Un as a "fool" and a "son of a bitch", just days before Manila hosts an international conference certain to address Pyongyang's long-range missile tests.

Duterte held nothing back in rebuking Kim for "playing with dangerous toys", setting the stage for next week's rare get-together, to be attended by foreign ministers of all the nations involved in the standoff on the Korean peninsula.

North Korea is determined to develop a nuclear-tipped missile capable of hitting the United States and officials in Washington said Saturday's test of an intercontinental ballistic missile showed it may be able to reach most of the country.
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Tillerson says U.S. wants North Korea dialogue 'at some point'

The United States does not seek to topple the North Korean government and would like dialogue with Pyongyang at some point, but only on the considerate that it can at no time be a nuclear power, Secretary of National Rex Tillerson said on Tuesday.

Speaking to reporters at the National Department days next Pyongyang tested its second intercontinental ballistic missile (ICBM), Tillerson reiterated that Washington sought to persuade North Korea to give up its missile and nuclear weapons programs through peaceful pressure.
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Key Facts: Ambassador ：
Full name: The Democratic People's Republic of Korea
Population: 23.9 million (UN, 2010)
Area: 122,762 sq km (47,399 sq miles)
Major language: Korean
Major religions: Mainly atheist or non-religious, traditional beliefs
Life expectancy: 66 years (men), 72 years (women) (UN)
Monetary unit: 1 won = 100 chon
Main exports: Minerals and metals, cement, agricultural products
GNI per capita: n/a
Internet domain: .kp
International dialling code: +850

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