City Pyongyang Financial News

13.09 / 07:41
Provident Cooper Racing SPY country Explainer: How could Russia help North Korea build a satellite?
Kim Jong Un on Wednesday toured Russia's most modern space launch centre, where President Vladimir Putin promised to help Pyongyang build satellites. The unprecedented visit comes as North Korea seeks to put its first spy satellite into orbit, an effort that has seen two failed attempts this year. The promised Russian aid comes as North Korea's scientists have vowed to try another launch of the new Chollima-1 booster in October. Here's what we know about North Korea's race for space, why it's so controversial, and how Russia might help: WHY DOES NORTH KOREA WANT A SATELLITE? Since 1998 North Korea has launched six satellites, two of which appeared to have been successfully placed in orbit. In 2015, a senior North Korean space official said the country wanted to develop cooperation with Russia on «peaceful» use of outer space, the official told TASS. The most recent successful satellite launch was in 2016.
13.09 / 06:35
Cooper Fighting SPY Shell show country Support Kim offers Putin and Russia North Korea’s full support and refers to Moscow’s 'sacred fight'
Kim Jong Un told Russian President Vladimir Putin on Wednesday that his country offers its “full and unconditional support” for Russia’s “sacred fight” to defend its security interests, in an apparent reference to the war in Ukraine, and said Pyongyang will always stand with Moscow on the “anti-imperialist” front. Through a translator, Kim called North Korea’s relations with Russia “the first priority.” Putin in his opening remarks welcomed Kim to Russia and said he was glad to see him. Putin listed economic cooperation, humanitarian issues and the “situation in the region” among the agenda items for their talks. Talks between Russian President Vladimir Putin and North Korean leader Kim Jong Un began on Wednesday at the Vostochny cosmodrome, Russian state news agency Tass reported. The talks, which included their delegations, began shortly after Putin and Kim toured various facilities at the cosmodrome, including two launch pads. The leaders met at the remote Siberian rocket launch facility for a summit that underscores how the two leaders’ interests are aligning in the face of their separate, intensifying confrontations with the United States. The two men began their meeting with a tour of a Soyuz-2 space rocket launch facility, at which the North Korean leader peppered a Russian space official with questions about the rockets. Kim's meeting with Putin came hours after North Korea fired two ballistic missiles toward the sea, extending a highly provocative run in North Korean weapons testing since the start of 2022, as Kim used the distraction caused by Putin’s war on Ukraine to accelerate his weapons development. South Korea’s Joint Chiefs of Staff didn’t immediately say how far the North Korean missiles flew.
13.09 / 05:35
Citi MET Cooper SUN Shell show North Korea fires missiles toward sea as Kim travels Russia to meet Putin
President Vladimir Putin. That meeting underscores how the two leaders’ interests are aligning in the face of their separate, intensifying confrontations with the United States. The launch extended a highly provocative run in North Korean weapons testing since the start of 2022, as Kim used the distraction caused by Putin’s war on Ukraine to accelerate his weapons development.
13.09 / 02:43
Citi MET Shell show Deal North Korea's Kim Jong Un visits Russia for potential arms deal with President Putin
President Vladimir Putin, a rare encounter between isolated leaders driven together by their need for support in escalating standoffs with the West. Kim is expected to seek economic aid and military technology for his impoverished country, and, in a twist, appears to have something Putin desperately needs: munitions for Russia’s grueling war in Ukraine. It’s a chance for the North Korean leader to get around crippling U.N.
12.09 / 01:13
Waves Reuters Cooper country North Korea's Kim Jong Un leads delegation of arms industry officials on visit to Russia
Also Read: Kim Jong Un Travels to Russia, His Bulletproof Train Spotted Ahead of Putin Meeting "The presence of Jo Chun Ryong indicates that North Korea and Russia will conclude some type of agreement for munitions purchases," said Michael Madden, a North Korea leadership expert at the Washington-based Stimson Center. Reuters reported that images released by state media depicted military honour guards and crowds of individuals in formal attire, including both dark suits and colourful dresses.
11.09 / 15:13
Provident MET Mercedes-Benz track country Kim Jong Un Travels to Russia, His Bulletproof Train Spotted Ahead of Putin Meeting
SEOUL—As North Korean leader Kim Jong Un traveled to Russia, he likely did so in the preferred manner of Pyongyang’s ruling family: cloaked in secrecy, self-protection and style. Kim, the third-generation dictator, plans to meet Russian President Vladimir Putin, state media from both countries said on Monday—the first official confirmation of the summit between the two leaders. The reports didn’t specify when or where specifically the exchange will take place.
11.09 / 10:01
Target Cooper reports North Korean train presumably carrying leader Kim Jong Un departed for Russia, say South Korean media reports
North Korean train presumably carrying North Korean leader Kim Jong Un has departed for Russia for a possible meeting with Russian President Vladimir Putin, South Korean media said Monday. Citing unidentified South Korean government sources, the Chosun Ilbo newspaper reported that the train likely left the North Korean capital of Pyongyang on Sunday evening and that a Kim-Putin meeting is possible as early as Tuesday. The Yonhap news agency and some other media published similar reports.
10.09 / 19:13
UPS Provident Manufacturing Fighting Remark Shell country Arsenal Russia is turning to old ally North Korea to resupply its arsenal for the war in Ukraine
Russia needs to replenish its supplies of ammunition for what could be a long war of attrition after a year and a half of fighting in Ukraine
10.09 / 05:15
UPS Provident Manufacturing Fighting Shell country Arsenal Russia is turning to old ally North Korea to resupply its arsenal for the war in Ukraine
Russia needs to replenish its supplies of ammunition for what could be a long war of attrition. Along with ramping up its domestic arms production, Moscow is turning to an old ally with a vast arsenal — North Korea. Estimates say the reclusive and isolated Asian country has tens of millions of artillery shells and rockets that could give a huge boost to the Russian army. United States officials expect North Korean leader Kim Jong Un to visit Russia in the coming days to seal a possible deal on munitions transfer with President Vladimir Putin.
09.09 / 06:55
Target Cooper Celebrity country song Kim Jong Un hosts Chinese and Russian guests at a parade celebrating North Korea's 75th anniversary
North Korea invited visiting Chinese delegates and Russian artists to a paramilitary parade featuring rocket launchers pulled by trucks and tractors, state media said Saturday, in leader Kim Jong Un's latest effort to display his ties with Moscow and Beijing in the face of deepening confrontations with Washington. The event in the capital, Pyongyang, which began Friday night to celebrate North Korea's 75th founding anniversary that fell on Saturday, came amid expectations that Kim will travel to Russia soon for a meeting with President Vladimir Putin that could focus on North Korean arm sales to refill reserves drained by the Kremlin's war on Ukraine. While China has sent a delegation led by Vice Premier Liu Guozhong to the North Korea's anniversary celebrations, Russia sent a military song and dance group. South Korean media speculated that the lack of Russian government officials at the festivities in Pyongyang could be related to preparations for a summit between Kim and Putin, which Washington expects within the month.
06.09 / 09:03
Ukraine war Putin may meet Kim Jong Un later this month, U.S. official says
A U.S. official said Monday that North Korean leader Kim Jong Un may travel to Russia soon to meet with President Vladimir Putin as the Kremlin tries to acquire military equipment for use in its war in Ukraine.
04.09 / 11:11
Hackers hacks regulation Cybersecurity security freeze South Korea plans to submit bill to freeze North’s crypto assets: Report
The government of South Korea is reportedly planning to submit a bill that will track and freeze North Korean crypto and virtual assets that are used to fund its capital Pyongyang's illicit weapons program. 
03.09 / 11:37
UPS Cooper Simulation stage country North Korea stages tactical nuclear attack drill
North Korea conducted a simulated tactical nuclear attack drill that included two long-range cruise missiles in an exercise to «warn enemies» the country would be prepared in case of nuclear war, the KCNA state news agency said on Sunday. KCNA said the drill was successfully carried out on Saturday and two cruise missiles carrying mock nuclear warheads were fired towards the West Sea of the Korean peninsula and flew 1,500 km (930 miles) at a preset altitude of 150 meters. Pyongyang also said it would bolster its military deterrence against the United States and South Korea. South Korea's military said the claim of success could be an exaggeration as «not all of them succeeded,» Seoul's Yonhap News reported, citing a senior official at the Joint Chiefs of Staff. KCNA also reportd that North Korean leader Kim Jong Un visited Pukjung Machine Complex, which produces marine engines, and a munitions factory to stress the importance of strengthening Pyongyang's naval forces. «He affirmed that a future plenary meeting of the Central Committee of the WPK (Worker's Party of Korea) would set forth an important modernization of the complex and the development direction of the shipbuilding industry,» a KCNA statement said. It did not specify the date of his visit. The latest missile test came just after the joint annual exercises between South Korea and the United States, known as Ulchi Freedom Shield, came to a close on Thursday. It featured air drills with B-1B bombers. North Korea has been stepping up its military deterrence against Washington and Seoul and has criticized last month's summit agreement between the two on improving military cooperations. KCNA said on Aug.
03.09 / 07:51
Career Remark stage country Bill Richardson dead: Globe-trotting US diplomat who gained fame in releasing detained Americans from U.S pariah nations passes away at 75
Bill Richardson, a seasoned Democratic politician and renowned diplomat, has passed away at the age of 75. With a career that spanned the halls of power in the United States and the global stage, Richardson left an indelible mark on diplomacy and international relations. Here's a closer look at his remarkable journey.
02.09 / 02:53
Target FIVE Yellow SPY Simulation North Korea fires several cruise missiles towards sea, says South Korean military
North Korea fired several cruise missiles towards the Yellow Sea in the early hours of Saturday, according to the South Korean military. Details of the launch were being analyzed by South Korean and U.S. intelligence authorities, South Korea's Joint Chiefs of Staff said in a statement. It was the latest in a series of missile tests and military exercises conducted by the North in recent weeks including a failed spy satellite launch late last month. Seoul announced sanctions on Friday on five North Korean individuals and one company in response to Pyongyang's launch of what it said was a space rocket last month. On Thursday state media KCNA reported that Pyongyang had conducted a simulated «scorched-earth» nuclear strike on targets across South Korea, drawing criticism from Seoul.
31.08 / 10:27
Provident letter Russia says it will deepen ties with North Korea, doesn't confirm Putin-Kim letter exchange
Russia said on Thursday it intended to develop ties with North Korea, while not confirming a statement by the White House that Russian President Vladimir Putin had exchanged letters with North Korean leader Kim Jong Un. The White House said on Wednesday it was concerned that arms negotiations between Russia and North Korea were advancing actively, and said Putin and Kim had written to each other pledging to increase their cooperation.Kremlin spokesman Dmitry Peskov did not answer directly when asked by reporters if the letter exchange had taken place. «Moscow and Pyongyang maintain good, mutually respectful relations. We intend to develop them further.
31.08 / 02:31
UPS Cooper Waters SPY Simulation North Korea fires missiles after failed satellite launch: State Media
airport toward waters off its east coast. The missiles flew about 360 kilometers (225 miles). The North's army said the missiles were fired late Wednesday in a "tactical nuclear strike drill simulating scorched earth strikes at major command centers and operational airfields" across the border in South Korea.
30.08 / 18:27
UPS Fighting Shell show country Is Russia seeking weapons from North Korea amid Ukraine war? White House says Putin, Kim Jong Un traded letters on...
The White House said it has new intelligence inputs which shows that Russian President Vladimir Putin and North Korean leader Kim Jong Un have traded letters as Russia is seeking weapons from North Korea amid the Ukraine war, AP reported on Wednesday. John Kirby, US National Security Council spokesperson, giving the latest findings said Russia is looking for additional artillery shells and other basic materiel to shore up its defense industrial base, just weeks after White House said Russian Defense Minister Sergei Shoigu during a recent visit to Pyongyang called on North Korean officials to increase the sale of munitions to Moscow for its Ukraine war.
30.08 / 12:37
UPS Waters show US deploys B-1B bombers for separate drills with South Korea, Japan
B-1B bombers for joint drills with South Korea and Japan on Wednesday, as the three allies have stepped up responses to threats from North Korea. A U.S. B-1B flew alongside South Korean FA-50 jets and U.S.
23.08 / 02:47
Action Airlines film country Inside exclusive plane North Korean plane takes off from Beijing in a sign Pyongyang is opening borders post-pandemic
A North Korean commercial flight has taken off from Beijing in a sign that Pyongyang is its opening its borders again after almost three years of severe COVID-19 restrictions
22.08 / 10:37
country In a first since pandemic, North Korean flight lands in Beijing ending Pyongyang's global isolation
COVID pandemic, North Korean leader Kim Jong Un has further fortified the country to ensure a complete isolation from the world in terms of news and information. He has built hundreds of kilometers (miles) or upgraded border fences, walls and guard posts since the pandemic began.

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