- Chaos reportedly erupts in North Korea in response to unexpected currency devaluation (links here)
- South Korean exports 18.8% higher in November than one year earlier, first rise in 13 months (AP via WaPo, Bloomberg)
- ROK President Lee Myungbak urgers striking railroad workers to return to their jobs, calling their action illegal and unreasonable (Yonhap); cabinet declares strike illegal (Korea Herald, Joongang Daily)
- Hyundai sales rise 46 percent in November from a year earlier, driven especially by Alabama-made Hyundai models (Birmingham Business Journal); sales for all five South Korean automakers rise 25.6% (AsiaPulse), but GM Daewoo falls 13% (Reuters)
- Beijing expresses hope for upcoming rare talks between North Korean and American officials (AP via WaPo)
- South Korea's Unification Ministry dispels rumors that North Korean leader Kim Jong-il had been attacked and killed (Reuters via WaPo)
- Renault Samsung to sell electric car in South Korea in 2011 (Bloomberg, Korea Herald)
- South Korean foreign reserves rise for ninth consecutive month to a record high of $270.89 billion (Reuters via CNBC)
- Maximum jail term for child sex offenders set to rise to fifty years (Yonhap)
- Health Ministry says forty percent of population will receive H1N1 vaccination (Yonhap)
- Governor of North Chŏlla Province sends letter to Eni Faleomavaega, US Representative from American Samoa and Chairman US House Asia-Pacific Subcommittee, asking for USFK to expedite measures for civilian international flights from Kunsan Air Base (Yonhap)
- Unidentified general at the DPRK 3rd Brigade explains to Dear Leader Kim Jong-il how his battalion captured part of Google Earth (Yonhap)
Wednesday, December 2, 2009
Daily Kor for December 2, 2009:
I don't usually make wild predictions, but I will now: We may be witnessing the catalyst for the beginning of the end of the regime in Pyongyang (story #1). Now I don't know how long this reaction will take, and I have been wrong in the past (North Korea didn't collapse within five years of the Dear Leader's death and Lee Myungbak has not revealed himself to be Marilyn Manson — not yet), but I feel good (or bad) about this one.
Other stuff happened, too. Railroad strike declared illegal, exports jumping for the first time in a year, foreign exchange at a record high. But none of that will matter when the DPRK implodes.