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Kim Jong Un Keeps Biden Guessing After Skipping New Year Speech Bloomberg 1/1/2021 Jon Herskovitz and Jeong-Ho Lee (Bloomberg) Kim Jong Un built anticipation for a rare party congress he plans to hold in the coming days, after skipping the New Year’s Day address North Korean leaders have long used to lay out their policy agendas. Instead of the usual televised address, Kim opted to send his people “heartfelt greetings” in a brief, handwritten letter. It was the first such New Year’s missive since 1995, when Kim’s father, Kim Jong Il, took power from state founder Kim Il Sung, the Seoul-based Yonhap News Agency reported. ....
Kim Jong Un Keeps Biden Guessing After Skipping New Year Speech Bloomberg 1/1/2021 Jon Herskovitz and Jeong-Ho Lee (Bloomberg) Kim Jong Un built anticipation for a rare party congress he plans to hold in the coming days, after skipping the New Year’s Day address North Korean leaders have long used to lay out their policy agendas. Instead of the usual televised address, Kim opted to send his people “heartfelt greetings” in a brief, handwritten letter. It was the first such New Year’s missive since 1995, when Kim’s father, Kim Jong Il, took power from state founder Kim Il Sung, the Seoul-based Yonhap News Agency reported. ....
North Korea Seeks Economic Boost Amid Covid, Sanctions Pain Bloomberg 12/30/2020 Sam Kim (Bloomberg) North Korea’s Kim Jong Un will likely seek fresh impetus for driving growth at a ruling party congress in January after the pandemic added to the pain of sanctions that leave him with a smaller economy than the one he took over nine years ago. After closing its borders in response to Covid-19, North Korea’s gross domestic product likely shrank 8.5% in 2020, according to a projection by Fitch Solutions. That would be the biggest contraction in data back to 1990 and would leave the economy around 9% smaller than when Kim took power with a pledge to improve people’s living standards. ....