of korea will end. the american servicemen served in south korea as the counterpart does in western europe as a symbol of america's intention to stem aggression and preserve peace. but there is a light side to serving in korea today which offers relaxing fun, adventure and a variety of travel and rep regional opportunities. wherever you're stationed going on leave can mean places to visit with lots to do at sea. ♪♪ ♪♪ there is of course seoul who's rapidly changing broke -- profile is home. old and new lifestyles coexist amidst the racing pulse of this capital city that expresses the essence of today's south korean vitality and research and see. by night seoul swings, sings and sores and even though a midnight curfew prevails there still ample time to savor the flavors of the city. it's culture and beauty are part of your seeing seen a lifetime of korean history can be found in the historic temples and palaces scattered throughout the land. ♪♪ throughout korea you'll be surrounded by beauty

how much money does north korea make for north korea's leadership? questions like these a dangerous, the north korean regime? send a letter of indictment under my name to the government. charging me with 3 capital crimes. the worst of the 3 was the accusation that our research, my research was my name and damage the supreme dignity of the supreme either. this sounds like it's a funny crime right? damaging the supreme differently. if somebody in north korea kerisha death, county remco broke his investigations, threatened to disrupt north korea's cash flow. the country is internationally isolated because of its nuclear program. without legal sources of income, the regime has taken to raising money illegally. ah, new york, the seat of the united nation. since 2006, the u. s. has imposed 9 rounds of sanctions against north korea. these measures the monitored by an international panel of experts. the panel consists of 8 members, including ex intelligence, military, and financial experts for their own safety, they work in secret, only the coordinator, hugh

i know korea is changing. an impoverished socialist state has turned into a country with a highly flexible shadow economy. in many ways north career is run like a commercial company. all that matters is cashed, came the workers here and no longer slaving away for the revolution. but for the wealth of dan, nita and his cronies, the gap between rich and poor is widening. while the population in pyongyang enjoys are constantly growing prosperity, 40 percent of the rural population still suffer from the nutrition. what a database shows beyond any doubt, instead of asserting, i know the only excess. now we can prove what it does. it owns companies, it operates these companies and act for us, all kinds of things. and that is actually quite and an important development in understanding how north korea managers to earn money above. we know, know exactly through what kind of companies office 39 dust is. qindzhong silk folks spinning mill, named after kim jong owns grandmother. a model factory. 1600 workers are employed

north korea's cash flow. the country is internationally isolated because of its nuclear program without legal sources of income, the regime has taken to raising money illegally. ah, new york, the seat of the united nation. since 2006, the u. s. has imposed 9 rounds of sanctions against north korea. these measures the monitored by an international panel of experts. the panel consists of 8 members, including ex intelligence, military, and financial experts for their own safety. they work in secret, only the coordinator, hugh griffith is willing to speak on camera. the sanctions have a tremendous impact on one level on north korea. it means that economy comp flourish in the way it would, they can't ship coal legitimately, they can't ship iron or legitimately foreign currency is very important to any country. and no matter how of talking to economy, you need foreign currency to buy the goods that are essential for your population know for your elite group. so foreign currency is pretty essential to north korea su

and then that money is sent back to north korea. bureau, 39 outside of north korea is called bureau 39. nobody identifies as somebody who works for euro thursday night. so it's very difficult to slap sanctions on people you don't really know are excess kinshasa. the capital of the democratic republic of congo, since 980 s, north korea has been procuring foreign currency here in the heart of africa. co young one witnessed a particularly spectacular case at the time. i call them in 2 ways and they're polarization and got that a lot or is that it has all continued? are you still at that? it is sure where to go, who will tell us? that'd be out. and bumble were all child in crickets of thomas to the punk overall, because on the gun in that a lot are going to be to me to take, i thought pick the left that it will share that. how did they call, did you sometime bird? you just repair all of that. so we had a pie all combined, a lot of the little toil go to jail, will corner product as you go purchase when a local product community, because you got one from pushy, they drove out of all bureau.

korea was no exception. it was with a power of those values that we surmounted the colonial rule, dictatorship, and poverty. not in a tale of fear but one of hope that could be written. during the most trying times of the war and the construction, it was a korean war veteran who stood by our side. and as struggling as we were to rise above the ashes of the war. general richard which kim was the one who reached out to firmly hold our hands. where is done by weapons and its remains undone, unless it is done for the people in the country. these wars of the general, give the u.s. conference, inspired a standing ovation. greater quantities of a surprising, were so approved. general which come who touched the hearts of koreans is now resting in peace in my hometown. honored, the only un rural cemetery, alongside his 39 fallen comrades who loved korea's their own. blood and sweat as well as friendship and commitment to the veterans were what gave birth to our alliance and that continues to evolve, connecting people

korea. they agreed to divide korea. not northern korea what we call today to north korea was a very much communist influence. southern influence, we now call south korea was a very different situation. with the assistance of the un they sponsored elections in south korea and south koreans elected a democratic government. north korea however wanted to unite under its terms so it sent insurgents into south korea to try to overthrow that government and they failed to do so. then, on january 1950 the u.s. secretary of state dean acheson had very significant air in a speech talking about the areas of influence and positions that were vital to the united states interest. imagine japan and the philippines and omitted south korea. the north koreans interpreted that as a statement the u.s. would not go to war to defend the south korea. so in june of 1950, armed with soviet equipment and aided by the chinese the north korea invaded south korea. as you can see from our map they stormed right across the

you know, korea uses. it's worldwide network of embassies to ferry money back to pyongyang, north korean officials, enjoying diplomatic community. carried money in cash. and that's like baggage. a simple but efficient way to ensure the cash flow doesn't stop. nursing the embassies have a different ethic function that that's often mainly ceremonial. but the true function is financial. it's also illegal, mainly know screen diplomats are basically cast carriers for kim their into, for their, their businessman. they may be direct lawrence and maybe weapons smugglers, but they carry a different passport, say contacts and berlin. right in the middle of the city lights, the north korean embassy. the north koreans have been renting out one of the buildings as a hostile for tourists. they've been earnings, $38000.00 euros per month in rent using and the grounds for such activities is against diplomatic practices and contravenes un and you sanctions like any other country. the main goal of the embassies is to serve

the biggest thing with north korea is that on to the diesel. also the information came in that we did not know they were oppressed. and imagine that if you don't know you are pressed that you don't know you're a slave. how do you fight to be free? and this information they're going into north korea are telling us koreans that they are pressed, and they are in slaves. and they can be free on they too. so this information, i believe, is the only hope that will change north korea. repeat my people, i own county in the cold from june as yet to south africa. the pandemic has reopened preexisting economic political challenges. but the gap between rich and poor nations continues to widen with a lack of china is cranked down on capitalism. counting the cost on al jazeera, freezing winds, and rugged terrain and at times seem impossible. but for afghan traders who brave the con corridor, that is no choice combating the impossible to sell that goods in isolated areas. we follow that daring journeys as they overcome the extremes. risking it all i've got is

but here in north korea, even comedy. so the higher purpose, one of the many, some chairs, you have to have an initial having no one medium. so we, so we want to turn on a group it's bitingly cold. the next day minus 6 degrees celsius in the sun. we don't on said it's also freezing. most of the crew are in thick winter clothing. but for obama, you and me and the fellow actors, there's no such luxury. they're dressed for their parts cold, but ready to start such men. i've but then a power outage, one of several, during our time here. mom, due to you to see the trinity to see they fumble in the dog for a while and then it's business as usual on sounds in which to me when you continue working despite the blackouts and you're not actually making them and you know my own them to either call you to that, when you get on said the actors run through the scene, you and me take the opportunity to figure out her new problem until i get home off to now are in the dark. they're about to give up and call it a day when the power comes b

then the leader kim jong il here is north korea cinema of dream. the what do you see when you come over to them? money? i'm not in the middle of media and you'll log into those get all means on when i use on jason you're going on has on what you don't know. so you know there's a ton of i asked, what do you mean? the queasiness interval i was using only things humans, i guess only they get it's a clear summer day on the banks of the tate and river impede gang north korea. these young students from the countries the lead film academy are attending and to lecture. hi. and good, something can be done. so we put on pull, you know, i'm hungry. all you would have given these orders up and it was only because it means i don't think it is. i don't know, what else you about in the filming this encounter a single session last in just a few hours, has taken us an entire year to arrange it was in 2008. when we 1st off the permission to make a documentary about north korea is aspiring film workers as a call here. months of negotiations followed, but the answer w

delay the red driving korea. so that we can get jeeps, delay it so that we can get weapons carriers and weapons and more ammo. and get it to us, man and equipment, wet or dry. because it was still rough going for us, it would stay that way for months or maybe longer. until enough men would be in korea district back grade yes, it was operation delay. [gunshot]. [gunshot]. the emma was precious, one are artillery battalion is 40 tanks we we would hold them off for a few hours and a blessing attack but they would envelop us on both sides. and always trouble ahead in trouble on the sides. [gunshot]. and off of the river, earned our bridges behind us. people in big cities like pittsburgh or bothered by smoke partied all the smoke was black but it didn't bother us a bit. yes, the smoke and look good. and that's the way we want it read there is plenty of times when the smoke was to close. [gunshot]. it got in your eyes so that you couldn't see anything. you can take a lot when your buddies get hit and hit you inside. no

the biggest thing with north korea is that on to the diesel. also the information came in that we did not know they, we were oppressed. and imagine that if you don't know you are pressed that you don't know your slave. how do you fight to be free? and this information they're going in to north korea are telling us koreans that they are pressed, and they are in slaves. and they can be freed on they too. so this information i believe is the only hope that will change north korea. repeat my people. i in 2011 out. they were reported from tanzania on the sinister trade in the body. parts of l. b knows. this is where they put it right here and on the spot rewind, revisit the survivor. mutilated to service, the rituals of witchcraft. when you go to rewind, spell of the l. b. no, on our 0. the native need. the brakes north of doing the best job you can, we've seen one water pay 2 teen at wells far further. with detail covering the government says the taliban is relying on human shields and losing people shot them home from around the world. the price a

>> korea? >> yes sir. >> has a coming along now? >> it's coming along pretty good now. >> how long were you a prisoner? >> 27 months in 10 days. >> what exactly happened you after your captured there? >> it took me on the hill and a group of us march north. >> wordage of march 2? >> i march to the yellow river. >> that's from the engine to the yellow, how far is that? >> 's approximately four miles. >> when you finally got to the yellow prison camp or that why? >> guys head lice and dysentery and sickness and they were weak and especially after that long march. >> did in a the fellow sky from malnutrition or disease? >> yes sir. >> how many? >> quite a few of them died but i don't know the exact number. >> what was the north korean hospital like? >> it was an old japanese temple. it was made of mud and of course the best sleep is on the floor. they were putting him in a dungeon where a guy was sick and they taken there and die. >> you spent two years in a prison camp. did you get any heat at all? >> rarely. maybe two hours a day. >>

later on, organizing to go to korea. so there is this, they've developed a very clear definition of what a marine is, and that it is a brotherhood, irrespective of any other issue like color or race. the problem is in world war ii, it is the first practical experience in doing this, right? because that i think the african-americans at montford point did exactly the same training. that's the thing, right? people thought they would have to water down the training. make it not as long, not as rigorous. because they maintained the same caliber and in many cases, a higher standard, i don't think they were questioned as. . did you still have racial issues off base in jacksonville? certainly. but you also have instances of white marines grabbing african-americans and coming to their aid when there were fights that end sued off base. so there was very much so this collective idea of being a marine. some of them didn't know that there were african-americans. but the fact they had the uniform on meant they had earned it. so that i

the real war they have here is korea. the 48 of the defense department has thehe marine corps in a ste situation. the marine corps has been in as ther smallest force and as it stands under the purview of the navy, right? it is always on the chopping block and even george c. marshall, right? he looked at post-war period and he questioned why do we need a marine corps when he had the army and it was with the marines in the pacific theater. they're just not thought of as much in the history, right, but theyon were. so they're very much on the choppingor block, so clifton gas is at the time, and he has to come up with ways to show in the defense industry. when korea happens essentially what you have is it takes the u.s. bye, surprise, right? and you have the eighth army close nearby on cushu in japan, right? and the eighth army is only four division force, so you have the 1st cavalry, 7th division and 24th and 25th infantry, right? that's the only readily available forces not anywhere near full strength and nearby at all to c

♪ ♪♪ ♪ ♪♪ those were the first 40 days in korea. nine we took our losses, rate groups and then on the perimeter. we held that ground despite many efforts to throw us back into the sea. those north koreans were yet to feel a strength and army proved to be the greatest the world has yet seen worried the big picture will show the turning of the time next week and you will see them to hold on to that perimeter radio see how our troops receive their support from our carriers. invasion in the march. and you'll hear another report of a combat veteran who saw as it happened a part of the big picture. this is captain zimmerman inviting you to be with us then. ♪ ♪♪ ♪ ♪♪ ♪ ♪♪ ... ... >> war and its machine. ♪ >> together they form the big picture. ♪ ♪ >> welcome to the big picture. i'm captain carl zimmerman. the big picture is a report to you from your army, an army committed by you, the people of the united states, to stop communist aggression wherever it may strike. the big picture traces the course of events in the

unfortunately, the biden administration has been slow off the mark on the north korea file. of course they were dealing with the renewal of the strategic reduction pretty with russia, which happened in february. the resumption of talks with iran on the comprehensive plan of action by thing with it. and also there were draws from of, not just on. so these are a number of important programs. but unfortunately, it seems that the united states prohibition position has not changed. the oil demand or complete irreversible verifiable disarmament of north korea's nuclear program has never worked at is not likely to work. the subject of consternation and negotiation for decades young beyond is the heart of north korea's nuclear program . it's cooling tower was famously destroyed in 2008 as part of an international drive to dismantle parts of the program. in exchange for relief from sanctions. the following year in north korea kicked monitors out. nearly a decade later, kim jung own offered to dismantle young john in return for the same concessions. the trump administration rejected t

i mentioned the bank of korea. if you take this chart much longer back, we are pretty much at floors. we may see a little bit of a pickup, which might matter to some traders here as we approach jackson hole and what we might hear out of the world's preeminent central banks and what they signal over tapering. yvonne: it seems right now they are still pretty cautious about the situation when it comes to covid. they talked about how they are still under a bit of a cause i lockdown in the country, so there are questions about how it plays out, how it will weigh on growth, so at least for today, instead of choosing between household debt and delta, household debt is the narrative, and they are shifting toward at least reigning in some of these financial risks they are seeing in the economy now that we have seen borrowing surge on the back of held low these rates have been. rishaad: the country has had a bit of an issue with domestic debt and household debt in particular as well, and even going into covid, this is a bit

without the united nations, korea would not be what it is today. these experiences grounded me in the importance of peace, opportunity and international cooperation. my life and tenure as secretary-general of the united nations, continues to this day, i run or chair as an organization, international your private d voted to development, human rights, climate change, empowerment of humane goals, so many things and i also wonder. only to look at alliances fracturing, refugees fleeing, to understand our precious ambitions, precarious conditions. why are we not doing more and better? to me the fault most often lies with the leaders of the world, too many autocrats and dictators put their interests before the countries and before the people. these rulers are selfish and shortsighted when they need to think as global citizens and times of extreme pressure such as covid 19 and the climate crisis. i was disappointed to see even the rich and generous and prosperous nations look in word first, the g7 meeting, the leaders, at least 1 billion doses of vaccine a

. >> of foreign minister south korea with more than 30 years working in international diplomacy with the eight secretary-general of the united nations january 2007. by that time he and his colleagues helped his impoverished and i war-torn country grow into one of the world's wealthiest. south korea is a model for other developing countries the soft-spoken bond hope to focus the united nations with similar economic growth to other areas of the globe but a series of crises over the next decade for the ambitious economics. that included the arab spring the ebola epidemic, new conflicts in central africa sudan russia's incursion in georgia and iran and north korea all against a backdrop of the growing impact of climate change. with the power of un to bear to solve the world crisis the un became the focus of sharp criticism after deadly cholera outbreak for the un peacekeepers that were there to restore order after an earthquake. in his new memoir united nations in aio divided world, the impact of the disaster and what he calls the difficult cousin of north korea. he also offers a candid

if i had to pick a company in korea that best represents the new korea as a powerhouse of not manufacturing, but service, this company is it. 95% of revenue is generating from outside korea. unlike other companies that are mostly domestic focused, so this is a rare, truly global economy firm in korea. so, i am bullish. >> your expectations for other actors still in the pipeline this year are higher. >> kcal bank valuation was questionable compared to traditional banks trading at 0.320.5. they traded 11 times price-to-book. the market is clearly viewing that as not just another bank but an operator, and it is pricing in that it will bring major disruption to the oil industry. it's a feeling i don't totally disagree with, but if you ask me, the bank hasn't shown much true innovation, but it thrives on more favorable regulation and aggressive loan marketing based on the platform to grow, while the korean banking industry suffers from overregulation. this is kind of their competition, if you ask me. the other ipo coming up is lg energysolutions in the fall. that will be the biggest ever and the

north korea will never give up, it's nuclear weapons program. they did the idea that this is the only call that they really have to play on the international fronts. and that's, that's, that has to be, has to be recognised, has to be confronted all of these discussions. what do you say to that? while there's a lot of credibility in that line of thinking, however, that would be an arrangement with north korea where it degrees not to expand its current nuclear weapons capability, not to expand its ballistic missile capability, not to resume testing of nuclear weapons, not to resume guessing long range ballistic missiles and perhaps to scale back the extent of its nuclear program somewhat. so that would be a major accomplishment. it is absolutely correct. that's the all demand for complete, irreversible verifiable disarmament of north korea's nuclear program has never worked at. it's not like if you were good to speak with you. tara grove, thanks me was thank you. a corona virus lockdown is being extended in new zealand. biggest city, oakland for 2

the big thing here is korea. postwar budget cuts, the reorganization in 1948 of the defense department has the marine corps in a sticky situation. arguably, the marine corps has been in a situation throughout its history as the smallest force, as it stands under the purview of the navy. it is always on the chopping block, and even george c marshall looked in the postwar. bank -- postwar. bank -- postward period or at least a question, why do we need a marine corps when we have the army? and the army was with the marines in the pacific theater, they are just not thought of as much in the history. they were. the question always is, why do we need the marine corps? they are very much on the chopping block here, they have to come up with -- clifton case is the commandant at the time and he has to come up with ways to show that the marines need a place in the defense industry, essentially what you have is it takes the u.s. by surprise. you have only the eighth army close, nearby in japan, and the eighth army is only f

tom: juliette saly breaking down that decision by the bank of korea. the market implications, as well. let's get the first word news with annabelle droulers. annabelle: the u.s. has warned against traveling to the airport in kabul due to security threats as the administration knows of about 1500 americans still in afghanistan. the secretary of state said the u.s. is relentlessly trying to reach them, but doesn't believe all of them wish to leave the country. a shortage of workers to fill jobs in the u.k. hasn't seen a big drop in business confidence in the services sector. a quarterly survey by the cbi showed optimism at -17% this month. down from a rating of plus 47% in may. firms citing labor shortages are at the highest since the survey started in 1993. global news, 24 hours a day, on air and at quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. tom: thank you. chinese president xi jinping urging government officials to hit their growth targets this year as researcher shows the i

moderation and south korea and taiwan. further falling into contractor returned to when it comes to vietnam. a little bit of improvement in malaysia despite concerns of delta there. we are seeing marginal improvement for indonesia as well as a little bit more weakness for thailand and the philippines. let's look at what those numbers mean with -- what is striking to you out of this round of pmi's? >> i think there is a big and deepening divergence between northeast asia and southeast asia. that is what jumps out at me. if you look at the vietnam numbers, deep in this territory, this is the worst since very early on in the pandemic. this reflects covert outbreaks and covid lockdowns and how they are impacting production. factories have been shut down. workers were encouraged to sleep overnight in factories to keep things moving. southeast asia is being hit hard. pretty good numbers near south korea and japan. that might suggest that there is some more slowdown ahead, even for the good performing economies. >> the good news

. >> will ripley keeping an all on all things north korea. appreciate it. >>> parts of the southern u.s. are dealing with storms on two fronts. hurricane ida and hard-hit areas with covid. and hospitals just can't keep up, especially true in florida, which saw some of the highest rates of people in the hospital this weekend. one of america's top disease doctors says there's an easy fix for all of this -- get vaccinated. >> what is going on now is both entirely predictable but entirely preventable. and you know, we know they have the wherewithal with vaccines to turn this around. we have 80 million people eligible to be vaccinated who are not jyet vaccinated. we could turn this around and do it efficiently if we just get those people vaccinated. >> but that might be a tall order, since the southern u.s. has some of the lowest vaccination rates in the entire country. yet experts are hopeful those numbers could improve once young children are able to be vaccinated. dr. scott gottlieb, the former commissioner of the fda, says pfizer could file th

later on, organizing to go to korea. so there is this -- they developed a very clear definition of what a marine is, and that it is a brotherhood, irrespective of any other issue like color or race. the problem is is in world war ii it's the first, you know, practical experience in doing this, right? but because i think that the african americans at moderate point did exactly the same training and that's the thing, people thought they would have to water down training, make it not as long, make it not as rigorous, right? but because they maintained the same caliber and in many cases a higher standard i don't think there were questions much. did you have racial issues off basin [inaudible] certainly. you had [inaudible] grabbing african american marines and come to their aid when there were fights that ensued off base. so the very was this, very much so, this collective idea of being a marine. so if they had, some of them didn't know that there were african american marines, but the fact that they had a uniform on meant t

south korea to an extent, but china, japan. but when it comes to ipos, it was certainly made chinese companies. whereas now, you are seeing many of the startups that have them growing in southeast asia or in india and even in south korea really come to the market. so it could be a rebalancing in terms of the weighting in regional benchmarks as well. kathleen: equity markets capital reporter julia fioretti. now the first word headlines. this company returned to profit in the second half. net profit rose 6.2 billion dollars, reversing a $3 billion from last year. they boosted oil profits, citing rising oil prices. it plans to increase to more than $16 billion. this company posted a full-year loss, more than the $125 million in net costs, due to facilities being closed on government orders. it also says the financial crimes regulator is likely to start civil proceedings due to a potential breach of money laundering rules. and this company will acquire another for about $10 billion. there was a 13% premium to the stock's closing pr