Tag Archives: DPRK

What I Ate and Drank in North Korea, Part II: On the Farm in the DPRK

By Michael Y. Park Part of my trip to North Korea was being taken to a cooperative farm village. I snapped a photo of a North Korean farmer’s kitchen, which I’ve posted below the jump. It was a bit of a ways from Pyongyang, so we drove there on the country’s mainly empty highways. As you might’ve guessed, working automobiles and modern farm equipment are in scarce supply. It was common to see ox-pulled carts, but most of the work was done by manpower. Even the DPRK army had to make do, using 1950s-era wood-burning engines on many of the trucks we saw. It wasn’t unusual to see a military truck stopped by the side of the road, spewing black smoke as its soldiers scavenged the roadside for fallen branches and twigs. Even urban families living in the relative comfort of the capital city were expected to regularly farm for food, leaving the city during the harvest to stay with farming families and take to the fields with hand sickles. It was sold to me as a cross between a corporate team-building retreat and a family vacation, but this was obviously a national duty no citizen could, or would, opt out of. The omnipresent quota boards were even more conspicuous in the farming areas we went to … This was one of the first things we saw at the persimmon cooperative we visited–a man in the main square painting the latest projections (or results) for the week. Here’s one of the leaders of the cooperative offering us samples of their crop. She was unfailingly pleasant and always had a broad smile on her face. There was little question that we were essentially in a Potemkin village, however, and what she told us seemed basically a recitation of a memorized program she told to every foreign visitor–how many kilograms of fruit they averaged, the (highly colored) origins of the agricultural cooperatives in North Korea, etc., etc. The persimmons were tasty, the way–not too sweet, not at all tart. Huge example: the story of how the Eternal President, Kim Il Sung, once visited the farm and described how perfect the persimmons were, and how the hard work of the farmers were a shining example of his philosophy of Juche (roughly “self-reliance”). So the farm commemorated the event with the painting above, which lorded over the entire main square. Great story, except that if you went to Village X or Town Y, you always heard this story: Once the Eternal President, Kim Il Sung, visited ____ and described how perfect the ____ were, and how the hard work of the _____ were a shining example of his philosophy of Juche. So the ____ commemorated the event with the painting above, which lorded over the entire main area of _____. And if you guessed that the painting in Village X or Town Y was the exact same picture of Kim Il Sung with adoring citizens in the exact same pose and with the exact same ecstatic expression on…<div …read more

Source: Epicurious

NKorea marks founder's birthday, issues more ire

North Korea quietly marked a second day of celebrations for its first leader’s birthday and issued prickly new rhetoric Tuesday threatening retaliation for what it sees as provocations by South Korea and the United States, who have been watching closely for signs the North may go ahead with a suspected medium-range missile launch.

State media said the Supreme Command of the Korean People’s Army issued an ultimatum demanding an apology from South Korea for “hostile acts” and threatening that unspecified retaliatory actions would happen at any time. The statement followed a day of festivities in North Korea‘s capital that featured art performances, public dances and crowds thronging to giant bronze statues to pay homage to the late leader Kim Il Sung.

The angry ultimatum, relayed through the Korean Central News Agency, was sparked by a small protest in downtown Seoul, where effigies of Kim Il Sung and his son and successor, late leader Kim Jong Il, were burned. Such protests are not unusual in South Korea and this one was likely more of a pretext for the North to react to calls that it join in dialogue with its neighbors than an actual cause for retaliation.

The North’s statement said it would refuse any offers of talks with the South until it apologized for the “monstrous criminal act.” North Korea often denounces such protests, but rarely in the name of the Supreme Command, which is headed by Kim Il Sung‘s grandson and North Korea‘s new leader, Kim Jong Un.

“If the puppet authorities truly want dialogue and negotiations, they should apologize for all anti-DPRK hostile acts, big and small, and show the compatriots their will to stop all these acts in practice,” the statement said, referring to North Korea‘s official name.

South Korea‘s Defense Ministry said Tuesday it had received no such ultimatum, noting that there is no communications line between the two Koreas.

Pyongyang launched a rocket ahead of the last anniversary of Kim Il Sung‘s birth, which was the centennial, but the holiday this year has been much more low-key, with Pyongyang residents gathering in performance halls and plazas and taking advantage of subsidized treats, like shaved ice and peanuts, despite unseasonably cold weather.

The calm in Pyongyang has been a striking contrast to the steady flow of threats North Korea has issued over ongoing military exercises between South Korea and the United States. Though the maneuvers, called Foal Eagle, are held regularly, North Korea was particularly

From: http://feeds.foxnews.com/~r/foxnews/world/~3/gvTRSimTeRY/

3 Solid Dividends From Everyday Brands

By Andrew Marder, The Motley Fool

Filed under:

Long-term investors know two important things — dividends are excellent and good companies are built to last. In a rapidly changing marketplace, those two factors can be difficult to find in the same company. Some high-yielding dividends are high simply because the companies are slowly sinking. On the other hand, some good, rock-steady brands pay horrible dividends. But that doesn’t mean that you can’t find a diamond in the rough every now and then. Here are three companies with solid dividends that aren’t going anywhere.

You already know them by name
If you’re really looking at dividend investing, then you might end up with shares in companies with names like East-West Fire and Power, LLC, PM, DPRK, based in Fireville, N.D. That’s not a bad thing, but there’s something to be said for investing in what you really know. I know retail, so when I’m looking for dividends I start with the companies that I understand.

Looking through who’s paying out, I’m struck by Target , Nordstrom , and Hasbro . Now that’s not to say that they’ve got the highest yields in the market, but they have a decent yield, and I trust that in 15 or 50 years, they’ll all be around to keep the cash coming in.

Important points to watch
Having a nice little dividend isn’t enough. We want to make sure that these companies are growing and that they’re generating the kind of cash that they need to fuel those dividends. Let’s start with the payout. Over the last five years, Target has paid an average of 2%, Nordstrom has hit 2.5%, and Hasbro kicked out 3%.

That high dividend from Hasbro comes at a cost, and the company’s payout ratio is by far the highest. Over the last few years, it’s climbed to 68%, which is well above both the 29% at Target and the 30% Nordstrom pays out. That means that Hasbro has less money it can spend on its business, and it may have to cut back on its dividend if it needs extra cash in the future.

As you can see in the chart below, Hasbro is in the middle of the pack for total return over five years, but it’s also the company with the biggest swings in total return. Another big fall like it saw in 2011 could be bad news for dividend investors.

Source: JWN Total Return Price data by YCharts.

The bottom line
Even with those variations, I still like Hasbro’s future chances. The company is widening its operating margin and making a strong push into international markets. I think the sheer volume of classic brands in its portfolio is more than enough to keep it safe in years to come. Having said that, my favorite of the three is definitely Nordstrom. The business is moving into omnichannel sales with a clear vision, and it’s earning the respect of customers and peers as it does so.

The …read more

Source: FULL ARTICLE at DailyFinance

Full War Declaration Statement From DPRK

By The Huffington Post News Editors

The moves of the U.S. imperialists to violate the sovereignty of the DPRK and encroach upon its supreme interests have entered an extremely grave phase. Under this situation, the dear respected Marshal Kim Jong Un, brilliant commander of Mt. Paektu, convened an urgent operation meeting on the performance of duty of the Strategic Rocket Force of the Korean People’s Army for firepower strike and finally examined and ratified a plan for firepower strike.

Read More…
More on North Korea

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Source: FULL ARTICLE at Huffington Post

North Korea Rejects U.N. Sanctions

By The Huffington Post News Editors

By Jack Kim
SEOUL, March 9 (Reuters) – North Korea formally rejected a U.N. Security Council resolution on Saturday that demands an end to its nuclear arms programme, signalling it would defy international sanctions and pursue its goal of becoming a full-fledged nuclear weapons state.
The Security Council unanimously imposed new sanctions on North Korea on Friday, tightening financial restrictions and cracking down on its attempts to transport banned cargo.
The North’s sole major ally China wants the sanctions fully implemented. The sanctions are designed to make punitive measures more like those used against Iran, which Western officials say have been surprisingly successful.
The resolution, the fifth since 2006 aimed at stopping the North’s nuclear and ballistic missile programme, coincides with a sharp escalation of security tensions on the Korean peninsula after Pyongyang’s third nuclear test on Feb. 12.
“The DPRK, as it did in the past, vehemently denounces and totally rejects the ‘resolution on sanctions’ against the DPRK, a product of the U.S. hostile policy toward it,” the North’s foreign ministry spokesman said in a statement.
DPRK is short for the North’s official name, the Democratic People’s Republic of Korea.
“The world will clearly see what permanent position the DPRK will reinforce as a nuclear weapons state and satellite launcher as a result of the U.S. attitude of prodding the UNSC into cooking up the ‘resolution.'”
The United States warned North Korea it will achieve nothing by repeating threats of provocative actions and will only drive itself deeper into international isolation.
“The United States of America and our allies are prepared to deal with any threat and any reality that occurs in the world,” U.S. Defence Secretary Chuck Hagel said ahead of his visit to Afghanistan on Friday. “We are aware of what’s going on. We have partnerships in that part of the world that are important.”
North Korea defied international warningsand conducted a third nuclear test in February, setting off a …read more
Source: FULL ARTICLE at Huffington Post

Dennis Rodman and Harlem Globetrotters members visit North Korea

Former NBA star Dennis Rodman brought his basketball skills and flamboyant style — neon-bleached hair, tattoos, nose studs and all — on Tuesday to the isolated Communist country with possibly the world’s drabbest dress code: North Korea.

Arriving in Pyongyang, the American athlete and showman known as “The Worm” became an unlikely ambassador for sports diplomacy at a time of heightened tensions between the U.S. and North Korea. Or maybe not so unlikely: Young leader Kim Jong Un is said to have been a fan of the Chicago Bulls in the 1990s, when Rodman won three championships with the club.

Rodman is joining three members of the Harlem Globetrotters basketball team for a Vice Media production to air on HBO in early April, Vice founder Shane Smith told The Associated Press in an exclusive interview before the group’s departure from Beijing.

Smith said the Americans hope to engage in a little “basketball diplomacy” by running a basketball camp for children and playing pickup games with locals, and by competing alongside top athletes of North Korea — formally known as the Democratic People’s Republic of Korea.

“Is sending the Harlem Globetrotters and Dennis Rodman to the DPRK strange? In a word, yes,” said Smith, who is host of the upcoming series. “But finding common ground on the basketball court is a beautiful thing.”

Rodman might seem an odd fit for an impoverished country where male fashion rarely ventures beyond military khaki and growing facial hair is forbidden. During his heyday in the 1990s, Rodman was a poster boy for excess. He called his 1996 autobiography “Bad as I Wanna Be” — and showed up wearing a wedding dress to promote it.

Shown a photo of a snarling Rodman, piercings dangling from his lower lip and two massive tattoos emblazoned on his chest, one North Korean in Pyongyang recoiled and said: “He looks like a monster!”

But Rodman is also a Hall of Fame basketball player and one of the best defenders and rebounders to ever play the game. During a storied, often controversial career, he won five NBA championships — a feat that quickly overshadowed his antics for at least one small North Korean group of basketball fans.

“When I discussed with Dennis the invite to go to North Korea and meet with Kim Jong (Un) and the Korean national basketball team as part of a documentary for HBO, he knew it was a once-in-a-lifetime opportunity to have a fun shoot around playing basketball and would give him the chance to speak directly to Kim Jong (Un) that the only way to go is with peace not war,” said Darren Prince, Rodman’s agent.

Rodman’s trip is the second high-profile American visit this year to North Korea, a country that remains in a state of war with the U.S. It also comes two weeks after North Korea conducted an underground nuclear test in defiance of U.N. bans against atomic and missile activity.

Google’s executive chairman, Eric Schmidt, made a surprise four-day trip in January to Pyongyang, where he met with officials and …read more
Source: FULL ARTICLE at Fox World News

North Korea Defies With Nuclear Test

By Breaking News

North Korea flag SC North Korea Defies with Nuclear Test


Pyongyang again disobeyed international efforts to rein in the recalcitrant regime by conducting its third nuclear test. North Korea announced it successfully conducted a test of a “miniaturized and lighter nuclear device with greater explosive force than previously.” Coupled with its successful launch of a long-range missile in December 2012, Pyongyang has achieved another breakthrough in its decades-long quest to threaten the United States with nuclear weapons.

The nuclear test comes less than a month after the United Nations again demanded North Korea “comply fully with its obligations [to] abandon all nuclear weapons and existing nuclear programs” and not conduct any further nuclear tests. Chinese resistance prevented more meaningful punishment for North Korea’s missile launch, though the U.N. meekly “expresse[d] its determination to take significant action in the event of a further DPRK launch or nuclear test.”

Details of the nuclear test remain unknown, but seismic detection agencies confirmed “the event shows clear explosion-like characteristics and its location is roughly congruent with the 2006 and 2009 DPRK nuclear tests.” The detected 4.9 magnitude of the test is larger than North Korea’s two previous nuclear tests. The South Korean Ministry of Defense preliminarily concluded the test may have been 6 to 7 kilotons, larger than the 2006 and 2009 tests, which were 1 kiloton and 4 kilotons, respectively.

It is yet unknown whether the test used plutonium (as in previous tests), uranium, or boosted plutonium (thermonuclear). A uranium test would show that Pyongyang has achieved a second path to nuclear weapons program, while a boosted plutonium weapon could provide significantly greater explosive yields or an expanded nuclear arsenal, since less plutonium is required per weapon.

What is clear is that North Korea has again defied the U.N. Security Council as well as recent efforts by China to prevent its troublesome neighbor from ratcheting up tension on the Korean Peninsula. Kim Jong-un has shown himself to be no less belligerent and dangerous than his predecessors. Kim is also clearly willing to risk incoming South Korean President Park Geun-hye’s nascent efforts to re-engage North Korea, just as Kim Jong-il rejected President Obama’s similar attempts in 2009.

Read More at heritage.org . By Bruce Klingner.

…read more
Source: FULL ARTICLE at Western Journalism

NKorea warns of nuke test, more rocket launches

North Korea‘s top governing body warned Thursday that the regime will conduct its third nuclear test in defiance of U.N. punishment, and made clear that its long-range rockets are designed to carry not only satellites but also warheads aimed at striking the United States.

The National Defense Commission, headed by the country’s young leader, Kim Jong Un, rejected Tuesday’s U.N. Security Council resolution condemning North Korea‘s long-range rocket launch in December as a banned missile activity and expanding sanctions against the regime. The commission reaffirmed in its declaration that the launch was a peaceful bid to send a satellite into space, but also said the country’s rocket launches have a military purpose: to strike and attack the United States.

The commission pledged to keep launching satellites and rockets and to conduct a nuclear test as part of a “new phase” of combat with the United States, which it blames for leading the U.N. bid to punish Pyongyang. It said a nuclear test was part of “upcoming” action but did not say exactly when or where it would take place.

“We do not hide that a variety of satellites and long-range rockets which will be launched by the DPRK one after another and a nuclear test of higher level which will be carried out by it in the upcoming all-out action, a new phase of the anti-U.S. struggle that has lasted century after century, will target against the U.S., the sworn enemy of the Korean people,” the commission said, referring to North Korea by its official name, the Democratic People’s Republic of Korea.

“Settling accounts with the U.S. needs to be done with force, not with words, as it regards jungle law as the rule of its survival,” the commission said.

It was a rare declaration by the powerful military commission once led by late leader Kim Jong Il and now commanded by his son, Kim Jong Un. The statement made clear Kim’s commitment to continue developing the country’s nuclear and missile programs in defiance of the Security Council, even at risk of further international isolation.

North Korea‘s allusion to a “higher level” nuclear test most likely refers to a device made from highly enriched uranium, which is easier to miniaturize than the plutonium bombs it tested in 2006 and 2009, said Cheong Seong-chang, an analyst at the private Sejong Institute in South Korea. Experts say the North Koreans must conduct further tests of its atomic devices and master the technique for making them smaller before they can be mounted as nuclear warheads onto long-range missiles.

The U.S. State Department had no immediate response to Thursday’s statement. On Wednesday, after Pyongyang’s Foreign Ministry issued its own angry response to the Security Council decision and said the North would bolster its “nuclear deterrence,” U.S. envoy to North Korea Glyn Davies urged restraint.

“It is important that they heed the voice of the international community,” Davies said in South Korea. He was meeting with South Korean officials on a trip that also will take him to China and Japan to discuss how to move forward on North Korea relations.

Davies said that if North Korea begins “to take concrete steps to indicate their interest in returning to diplomacy, they may find in their negotiating partners willing partners in that process.”

North Korea claims the right to build nuclear weapons as a defense against the United States, its Korean War foe.

The bitter three-year war ended in a truce, not a peace treaty, in 1953, and left the Korean Peninsula divided by the world’s most heavily fortified demilitarized zone. The U.S. leads the U.N. Command that governs the truce and stations more than 28,000 troops in ally South Korea, a presence that North Korea cites as a key reason for its drive to build nuclear weapons.

North Korea is estimated to have stored up enough weaponized plutonium for four to eight bombs, according to scientist Siegfried Hecker, who visited the North’s Nyongbyon nuclear complex in 2010.

In 2009, Pyongyang also declared that it would begin enriching uranium, which would give North Korea a second way to make atomic weapons.

North Korea carried out underground nuclear tests in 2006 and 2009, both times just weeks after being punished with U.N. sanctions for launching long-range rockets it claimed were peaceful bids to send satellites into space.

In October, an unidentified spokesman at the National Defense Commission warned in statement carried by state media that the U.S. mainland was within range of its missiles. And at a military parade last April, North Korea showed off what appeared to be an intercontinental ballistic missile.

Satellite photos taken last month at North Korea‘s underground nuclear test site in Punggye-ri in the far northeast showed continued activity that suggested a state of readiness even in winter, according to analysis by 38 North, a North Korea website affiliated with the Johns Hopkins School for Advanced International Studies.

Another nuclear test would bring North Korea a step closer to being ability to launch a long-range missile tipped with a nuclear warhead, said Daniel Pinkston, an analyst with the International Crisis Group.

“Their behavior indicates they want to acquire those capabilities,” he said. “The ultimate goal is to have a robust nuclear deterrent.”

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Associated Press writers Jean H. Lee and Sam Kim contributed to this report. Follow AP’s Korea bureau chief at www.twitter.com/newsjean.

Source: FULL ARTICLE at Fox World News