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RSS FeedsSanctions Threaten North Korea´s Old and New Elites
(WorldNews Asia)

 
 

19 may 2019 07:19:55

 
Sanctions Threaten North Korea´s Old and New Elites
(WorldNews Asia)
 


By all accounts, North Korea´s cash-strapped economy is flagging under crippling international sanctions and the slowdown means the traditional elite and a rising merchant class may be feeling pinched, experts say. `The elites in Pyongyang are really feeling it,` said Joshua Stanton, a Washington attorney who helped draft the North Korean Sanctions Enforcement Act in 2016. `They´re having a very tough time right now. I think they´re losing their wealth rapidly. And they´re concerned about the government´s policies and directions, and the failure to get sanctions lifted in Hanoi,` he continued. North Korean aristocrats The most privileged government and military officials, considered North...


 
6 viewsCategory: General > Asia
 
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