Word: pyongyang
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...nearly empty plane to Pyongyang, the capital of mysterious North Korea, and the only other passengers are a nuclear nonproliferation expert and a foreign-aid donor. What...
...Japan and the rest of the world. The missile industry could well be shut down if North Korea's Dear Leader Kim Jong Il cuts a deal with the worried West; former U.S. Secretary of State Madeleine Albright tried to hurry along such a pact during her visit to Pyongyang in October. In 1994, North Korea mothballed its nuclear weapons program in exchange for oil, aid and a pair of nuclear power reactors from the U.S., Japan and South Korea. A similar trade-off would make it necessary to find new ways to earn cash...
...South Korean businesses?ranging from entrepreneurial cowboys to staid conglomerates?are testing the waters. Several now employ Korean Computer Center (KCC), a state-owned enterprise in Pyongyang, to write software. Its specialty is Mission Impossible-type programs such as voice recognition and fingertip identification. Seoul-based Deshine.com, meanwhile, is importing animated films...
...thaw between the two Koreas is opening up avenues to trade. Last year Seoul eased restrictions on the import of cultural goods, which ?allowed Baik Soung Ook, president of Deshine.com, to buy the rights to seven animated films produced at Pyongyang's 425 Studio. "Everybody thinks these films must be tainted by ideology," says Baik. "Actually they are very educational." Some are obvious parables of Kim Jong Il's life, but one features an apolitical silver rabbit that Baik hopes to merchandise in South Korea. "My hope is that children in North and South Korea can share the same movies...
...three weeks left in his presidency. He had to scratch a trip to North Korea that might have cemented his foreign policy legacy; missile talks with Pyongyang weren't yet ripe. So Bill Clinton is making one last Hail Mary shot at a Middle East peace deal...