Kim Jong Un's Big Tourism Bet: Can North Korea Overcome Sanctions and Build a Thriving Industry?North Korea aims to revive tourism by opening the Galma Coastal Tourist Area, but faces challenges attracting foreign visitors.
North Korea’s Currency Crisis: The Dollar Dominates While Won StrugglesNorth Korea's trade is shifting to foreign currencies amid rising dollar value and won devaluation, affecting market transactions and prices.
U.S. Flags South Korea Over Currency Market Intervention and Surging Trade SurplusThe U.S. Treasury has designated South Korea as a currency monitoring country due to its significant trade and current account surpluses.
U.S. Dollar Rises as Trump’s Policies Put Pressure on Global CurrenciesThe US dollar surged to a one-year high following Donald Trump's election, bolstered by robust US growth and anticipated trade policies.
North Korean Market Meltdown: How Floods and a Rising Dollar Are Crushing ResidentsNorth Korea's inflation has surged, with food prices rising 2% to 7% due to a stronger U.S. dollar and stalled flood recovery efforts.
North Korea’s Crypto Craze: How Kim Jong Un’s Hackers Are Funding Nuclear WeaponsConcerns rise that North Korea may escalate virtual asset theft this year, crucial for its illegal nuclear and missile programs.
UK Currency Tops Major Markets as Economy Speeds UpThe British pound is leading all major currencies this year, buoyed by expectations that the Bank of England will keep interest rates high.
U.S. Treasury Excludes South Korea on Currency Watch ListSouth Korea has been excluded from the U.S. Treasury Department’s currency watch list due to its transparent foreign exchange policy for the second consecutive time. In contrast, Japan has been included again after a year. On the 20th local time, the U.S. Treasury Department announced its semi-annual currency report, which includes seven countries: China, Japan, […]
Japan's Defense Nightmare: Budget Slashed by 30% Due to Yen DepreciationJapan has secured a defense budget of 43 trillion yen over five years but lost 30% of its value due to a historic yen depreciation.
Iran's Currency Crisis: Rial Hits Record Low as Diplomatic Tensions SoarAmid Persian New Year celebrations, Iran’s currency plummeted to an all-time low of 613,500 rials per dollar on March 24th. On the last working day before the March 18th holiday, it was 590,000 rials per dollar. The exchange rate significantly affects other markets, including housing and rentals. Many Iranians have seen their life savings evaporate […]
Ruble Holds Steady: All Eyes on Interest Rate DecisionRussian Ruble. (Photo=Yonhap News) The Russian ruble is showing signs of stability. On the 21st (local time), the Russian ruble showed stability, boosted by high oil prices, ahead of the central bank meeting on Friday. The central bank is expected to maintain the interest rate at 16% for the second consecutive meeting. The ruble traded […]
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Kim Jong Un's Big Tourism Bet: Can North Korea Overcome Sanctions and Build a Thriving Industry? North Korea aims to revive tourism by opening the Galma Coastal Tourist Area, but faces challenges attracting foreign visitors.
North Korea’s Currency Crisis: The Dollar Dominates While Won Struggles North Korea's trade is shifting to foreign currencies amid rising dollar value and won devaluation, affecting market transactions and prices.
U.S. Flags South Korea Over Currency Market Intervention and Surging Trade Surplus The U.S. Treasury has designated South Korea as a currency monitoring country due to its significant trade and current account surpluses.
U.S. Dollar Rises as Trump’s Policies Put Pressure on Global Currencies The US dollar surged to a one-year high following Donald Trump's election, bolstered by robust US growth and anticipated trade policies.
North Korean Market Meltdown: How Floods and a Rising Dollar Are Crushing Residents North Korea's inflation has surged, with food prices rising 2% to 7% due to a stronger U.S. dollar and stalled flood recovery efforts.
North Korea’s Crypto Craze: How Kim Jong Un’s Hackers Are Funding Nuclear Weapons Concerns rise that North Korea may escalate virtual asset theft this year, crucial for its illegal nuclear and missile programs.
UK Currency Tops Major Markets as Economy Speeds Up The British pound is leading all major currencies this year, buoyed by expectations that the Bank of England will keep interest rates high.
U.S. Treasury Excludes South Korea on Currency Watch List South Korea has been excluded from the U.S. Treasury Department’s currency watch list due to its transparent foreign exchange policy for the second consecutive time. In contrast, Japan has been included again after a year. On the 20th local time, the U.S. Treasury Department announced its semi-annual currency report, which includes seven countries: China, Japan, […]
Japan's Defense Nightmare: Budget Slashed by 30% Due to Yen Depreciation Japan has secured a defense budget of 43 trillion yen over five years but lost 30% of its value due to a historic yen depreciation.
Iran's Currency Crisis: Rial Hits Record Low as Diplomatic Tensions Soar Amid Persian New Year celebrations, Iran’s currency plummeted to an all-time low of 613,500 rials per dollar on March 24th. On the last working day before the March 18th holiday, it was 590,000 rials per dollar. The exchange rate significantly affects other markets, including housing and rentals. Many Iranians have seen their life savings evaporate […]
Ruble Holds Steady: All Eyes on Interest Rate Decision Russian Ruble. (Photo=Yonhap News) The Russian ruble is showing signs of stability. On the 21st (local time), the Russian ruble showed stability, boosted by high oil prices, ahead of the central bank meeting on Friday. The central bank is expected to maintain the interest rate at 16% for the second consecutive meeting. The ruble traded […]
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