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Industrial capital stock is nearly beyond repair as a result of years of underinvestment and shortages of spare parts.Large-scale military spending draws off resources needed for investment and civilian consumption.Following the submarine’s arrival will be the USS Carl Vinson; a behemoth of an air carrier and the centerpiece of the American armada, and a few other destroyers.

Reports out of Seoul indicate North Korea has released yet another hate-filled propaganda video, but this time, it’s got both the White House and US aircraft carriers in its crosshairs.

In a month filled with missile tests that are certain to have a profound impact on the strategic balance of the Korean p...

In a month filled with missile tests that are certain to have a profound impact on the strategic balance of the Korean peninsula, Kim Jong Un attended what is claimed to be the final testing of an advanced new air defence system that is now ready to enter full-scale production and service with the Korean People's Army Air and Anti-Air Defence Forces. In a month filled with missile tests that are certain to have a profound impact on the strategic balance of the Korean peninsula, Kim Jong Un attended what is c...

The status of women in North Korea is not fully understood outside the country, due to the political isolation of North Korea, the unwillingness of the North Korean authorities to allow foreign investigators access in the country, and the existence of conflicting reports.

The official position of the North Korean government is that women have equal rights with men.

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