Economics

Kim Jong Un Comes Around to Talks as His Currency Reserves Shrink

Seoul Warns Long Road Ahead for North Korea Talks
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Kim Jong Un’s enthusiasm for talks on North Korea’s nuclear program coincides with a sharp drop in his nation’s foreign currency reserves.

Sanctions that hurt North Korea’s economy by limiting exports in 2017 will this year drain its cash hoard enough to crimp imports of essential products, according to analysts in South Korea.