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...economic policy" stems from the same root cause as Pyongyang's recent belligerence: North Korean politics. North Korea watchers speculate that Kim Jong Il, who likely suffered a stroke last year, is maneuvering to install his son, Kim Jong Un, as his successor, and that Pyongyang's May nuclear test, recent war threats and anticipated long-range missile launch are all part of an effort to build support for the Kims, especially among the country's powerful military brass. Economic policy, Noland says, has become tied up in the succession as well. "Today inside North Korea, all officials have...

Author: /time Magazine | Title: North Korea's Other Crisis: An Economy in Tatters | 6/30/2009 | See Source »

...sunshine policy" of engagement with the North, Seoul became a major trading partner and source of aid, especially of much needed fertilizer. But current South Korean President Lee Myung Bak reversed the policy when he took office in 2008, linking economic cooperation with Pyongyang's dismantlement of its nuclear-weapons program. The result is that North Korea is now more dependent than ever on its main patron, China. Nicholas Eberstadt, a North Korea expert at the American Enterprise Institute in Washington, figures that the gap between the amount of goods China ships into North Korea and what it receives...

Author: /time Magazine | Title: North Korea's Other Crisis: An Economy in Tatters | 6/30/2009 | See Source »

...Pyongyang TAKING THE GLOVES OFF In a meeting with South Korean President Lee Myung Bak, President Obama pledged to "break the pattern" of rewarding North Korea with aid only to have the country later renege on its promises to halt nuclear proliferation. On June 15, thousands of North Koreans gathered in Pyongyang for a demonstration against U.S.-led sanctions, which include the inspection of North Korean ships in an effort to block the transport of nuclear materials. The inspections are still voluntary, and most experts believe that North Korean vessels most likely would not agree to them. Pyongyang has threatened...

Author: /time Magazine | Title: The World | 6/29/2009 | See Source »

...James Calvert, 88, served as commander of the U.S.S. Skate, a 265-ft.-long nuclear-powered submarine. The vessel became the first to surface at the North Pole, a feat that made front-page news amid the tensions of the Cold...

Author: /time Magazine | Title: Milestones | 6/29/2009 | See Source »

...along, Netanyahu has insisted that a different Middle East crisis, Iran's nuclear program, should be the focus of his relations with Washington. And though the Obama Administration resisted that argument, Netanyahu may now be getting help from an unexpected quarter: the Iranian regime, whose violent crackdown on peaceful protests against election-rigging have created a more pressing foreign-policy crisis for the Obama Administration. (See pictures of President Obama in Saudi Arabia...

Author: /time Magazine | Title: Will Iran Take the Heat Off Israel over Settlements? | 6/29/2009 | See Source »

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