Speaking from the Korea Investment Conference, North Korea expert Brian Myers explains how the popular fallacy of a communist North Korea impedes our understanding of North-South relations. The Kim Jong Un regime espouses a radical version of the ethno-nationalism that remains the civic religion in the South as well; as a result many South Koreans consider it the “purer” state, thus emboldening the North to behave more belligerently. Myers analyzes the unsettling implications for South Korea’s security as it heads into presidential elections.
Jennifer Curry formerly served as managing editor of the Enterprising Investor. Previously, she was the social media manager at the New York Society of Security Analysts (NYSSA). Prior to her work at NYSSA, Curry worked as the senior project editor for a nonfiction imprint at Barnes & Noble Publishing and as an assistant editor at the H.W. Wilson Company. She is the editor of several volumes in the Reference Shelf series, and her writing has appeared in Smithsonian, IndustryWeek, Barnes & Noble Review, and other publications. Curry holds a BS in journalism and a BA in anthropology from the University of Kansas, and an MA in anthropology from Hunter College, City University of New York.
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The EU still lacks details needed to address libra, according to a memo from European Commission Executive Vice President Valdis Dombrovskis. "[A]s Libra is still a project, and thereby a moving target, the information provided remains insufficient for determining the precise nature of Libra and, by extension, its relation with existing EU law," the memo states. CoinDesk (UK) (19 Feb.)
Lawyers for WikiLeaks founder Julian Assange say they have evidence former US Rep. Dana Rohrabacher offered a pardon in return for cooperation on leaks of Democratic National Committee emails. The lawyers have requested a London court allow a witness statement that describes "Mr. Rohrabacher going to see Mr. Assange and saying on instructions of the president, offering pardon or some other way out if Mr. Assange played ball and said the Russians had nothing to do with" the leaks. BNN Bloomberg (Canada) (19 Feb.)
China has decreased the one-year loan prime rate by 10 basis points, to 4.05%, and the five-year rate by 5 basis points, to 4.75%, to reduce corporate borrowing costs. Meanwhile, manufacturers are struggling against logistical and planning challenges to restart operations after an extended Lunar New Year break. Reuters (20 Feb.)
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