The prolonged national blackout this month pushed the country closer to the brink of economic collapse. Inflation is expected reach 51 million percent this year.
Tag: Embargoes and Sanctions
South Korean Leader to Meet With Trump, Hoping to Salvage His Role as Mediator
President Moon Jae-in of South Korea wants to help revive the nuclear talks with North Korea that hit a wall in Vietnam last month.
Iran’s Allies Feel the Pain of American Sanctions
Iran’s financial crisis, worsened by American sanctions, has taken a toll on its allied Syrian militias and Hezbollah, who are showing signs of financial strain.
North Korea Seeks to Split Alliance Between South Korea and U.S.
Since the summit meeting between Kim Jong-un and President Trump in Vietnam ended without a deal, North Korea has urged South Korea to distance itself from the United States.
Trump Overrules Own Experts on Sanctions, in Favor to North Korea
“President Trump likes Chairman Kim, and he doesn’t think these sanctions will be necessary,” said Sarah Huckabee Sanders, the White House press secretary.
U.S. Pressures Iraq Over Embrace of Militias Linked to Iran
The push against the Iraqi groups by top American officials has fueled tensions between the two nations and within the Trump administration.
Trump Administration Warns Venezuela Not to Arrest Opposition Leader
The administration said that any attempts to arrest Juan Guaidó would be met with “immediate reaction” from the international community, though it was unclear what that would mean.
New Images of North Korea Buildup Confront Trump’s Hopes for Disarmament
For an administration that regularly acknowledges or dismisses intelligence findings to fit the moment, North Korea has served as a comeuppance.
North Korea Admits Failure of Trump Summit, a Week After It Broke Down
An official newspaper acknowledged “sighs of regret” over the meeting, but avoided direct invective against the United States or its president.
Space Launch Would Violate North Korean Commitments to U.S., Official Warns
After a fruitless meeting with Kim Jong-un, President Trump declared himself “a little disappointed” by new evidence that North Korea is rebuilding a missile launch site.