Word: kingdoms
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Dates: during 1980-1989
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...latest default could make life more austere in Kim's kingdom. Lawyers representing the creditor banks are already scouting for North Korean assets to seize, including reserves believed to be stashed in bank accounts in Switzerland, Austria, West Germany and elsewhere. There is speculation too that the creditors could try to intercept the shipments of gold, worth about $27 million each, that Pyongyang sells each month through the London bullion market. Juche, in other words, could encompass even harder times ahead...
STORMING THE MAGIC KINGDOM...
Though Saudi Arabia's Petroline cost as much as $5 billion, the network equips the kingdom with the best hedge that money can buy against a possible closing of the gulf. With pipeline access to the Red Sea for shipping its oil, Saudi Arabia can avoid an export shutdown caused by the tanker war and is better equipped to withstand any pressure to fall in line with policies pushed by Iran...
Tehran radio, monitored in Bahrain, broadcast a threat by Hashemi Rafsanjani, speaker of Iran's parliament, to "uproot the Saudi rulers" and seize the kingdom's vast oil wealth for Islam...
...portrait peers from virtually every room in every home, office, school and hotel, and his statue decorates most corners. In the streets, North Koreans keep their conversations to a murmur and move at a uniform pace. As the following images show, French Photographer Yann Layma found Kim's kingdom to be a place frozen in time, in ideology and in its prospects...