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| China-Japan-Koreas |
| Rice Price Doubles in January in N. Korea |
| 2011-01-31 |
| A source in Hyesan, Yanggang Province reported on January 19th, "Rice has risen from 1,000 to 2,500 per kilogram through January. And the price of corn has shot up from 400 to 1,000." "Following the floods last year, even the country's traditional rice producing regions saw a fall off in yield. Added to which the absence of international support because of the Yeonpyeong Island shelling has resulted in severe shortages across the board." Speculators have started accumulating rice and as a result the price skyrocketed in January. "There are a growing number of families who can't cope with the unmanageable leap in the cost of rice and are selling their household possessions to pay for food," added the source. "If it carries on like this the food crisis could surpass in severity the "Arduous March" of the mid-nineties." "Since Kim Jong-eun stepped forward the country has been steeped in economic disarray. Luck needs to follow a business and it seems that luck of this sort doesn't follow Kim Jong-eun. There is," the source went on, "a perception amongst the people of North Korea that although they have committed no crimes, a punishment has been cast down from the heavens to mitigate the sins of the arch criminal Kim Jong-il." |
| Posted by:Steve White |
| #1 Street protests have repor already begun. |
| Posted by: JosephMendiola 2011-01-31 01:52 |