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Tweet of the Day: Falcon-9 Set for Launch

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Picture of the Day: Pole Dancing; Korean Style

Pole dance

A model demonstrates pole dance during the Seoul International Sports & Leisure Industry Show at COEX in southern Seoul on Feb. 26, 2015. (Yonhap)

Did Dennis Rodman’s Trip to North Korea Make Him A Felon?

It wasn’t so much the trip, but the gifts Rodman gave to Kim Jong-un that violated UN sanctions:

rodman meme

The first question this raises is what those appropriate measures were. The use of passive voice conceals whether the feds took any measures at all.

The second question is why there should be a “lack of information” from Rodman, when the Commerce and Treasury Departments have subpoena powers and an obligation to cooperate with U.N. authorities enforcing North Korea sanctions. The law applies to superpowers and celebrities, too.

There is video evidence of Rodman personally giving Kim Jong Un banned luxury gifts in violation of Commerce Department regulations and Executive Order 13551. I previously explained here why that’s a felony, and there’s no question that at least some of the goods presented are listed on Supplement 1 and were luxury goods.  [One Free Korea]

You can read more at the link.

New Finding Shows That Mt. Halla Could Still Be Active

It would be quite a disaster if Mt. Halla did ever erupt considering the increasing amount of development happening on Jeju:

Mt. Halla image via the Wall Street Journal.

A July report from the Korea Institute of Geoscience and Mineral Resources (KIGAM) surprised volcanologists by dating Jeju’s most recent volcanic eruption to 5,000 years ago. Media outlets gleefully reported Mt. Hallasan was not dead, or dormant, but alive.

The research team, led by Jin-yeong Lee, radiocarbon dated carbonised wood (charcoal) below the basalt layer at Sangchang-ri, Seogwipo City, to 5,000 years old. This was 2,000 years more recent than the 7,000-year-old eruption at Mt. Songaksan, thought to be Jeju’s last volcanic activity.

Scientists had speculated that the basalt layer at Sangchang-ri was formed 35,000 years ago, yet the carbonised wood was below the basalt, making the rock at least as young as the ancient trees. Sangchang-ri was thus confirmed as the site of the most recent volcanic activity in South Korea. (The title of most active volcano on the peninsula goes to Mt. Baekdusan in North Korea, which last erupted in 1903.)

The findings were picked up by media outlets and headlines stated that Mt. Hallasan was “alive” and not dead, a fact already known as the earlier Songaksan activity was already within the same Smithsonian Institute’s Global Volcanism Program (GVP) 10,000 year timeframe for active volcanoes. Nevertheless, the Science Daily headline, “Jeju Island, Korea is a live volcano,” typified the reaction.  [Cheju Weekly]

Here is an interesting historical account from the article:

While scientific evidence of volcanism on Jeju Island is proving difficult to confirm, one piece of historic evidence suggests that the island was active much more recently than 5,000 years ago. The “Dongguk Yeoji Seungram,” a Joseon Dynasty geography textbook (multiple volumes published between 1481 and 1530) includes this seemingly eye-witness account.

“In June 1002 CE, a mountain arose in the middle of the sea. There were four giant holes at the top of the mountain, out of which red liquid flowed and soared, and thick smoke plumed for five days. All the red liquid hardened and became stone like roof tiles.”

You can read the rest at the link.

Is North Korea Trying To Follow Pakistan’s Nuclear Example?

US negotiators are talking tough with North Korea which is better than appeasement, but still there has been nothing that has changed significantly that in my opinion would cause the North Koreans to change course on their nuclear and missile programs:

north korea nuke

North Korea is trying to follow Pakistan’s example in the hope of winning recognition as a nuclear state, but such a situation will never happen, U.S. Under Secretary of State Wendy Sherman said Friday.

Speaking at the Carnegie Endowment for International Peace, a Washington think tank, Sherman also said that the communist nation cannot obtain the security, prosperity or respect it wants “without negotiating an end to its provocative nuclear and missile program.”

“They see in Pakistan, a country whose nuclear program was first protested, then accepted, and hope to follow that example, which also isn’t going to happen,” Sherman said.

North Korea has conducted three nuclear tests, in 2006, 2009 and 2013. Earlier this week, the U.S. raised an alarm with a projection that the North’s nuclear arsenal could expand from 10 to 16 nuclear weapons now to up to 100 in five years.

Sherman said diplomatic pressure on Pyongyang keeps mounting, including U.S. President Barack Obama’s executive order authorizing fresh sanctions on the regime early this year, China’s firm opposition to the North’s nuclear program, and the U.N. Security Council’s first-ever review of the North’s human rights record.

“They are apparently under the illusion that the best way to conceal a weak hand is with a clenched fist,” Sherman said. “Despite its bluster, the North’s strategy has failed utterly. Instead of gaining acceptance, the country is increasingly isolated.”  [Yonhap]

You can read the rest at the link.

Tweet of the Day: North Korea Ramps Up Its Threats

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Picture of the Day: Korean Independence Day

Korea's Independence Day

Children join an event in Seoul on Feb. 25, 2015, to commemorate the Independence Day from Japanese colonial rule of Korea from 1910 to 1945, which falls on March 1. (Yonhap)

ROK Drop Open Thread – March 1, 2014

Please leave anything you want to discuss in the comments section.

Open Thread

Household Debt Setting New Records In Korea

South Korea is really a housing bubble burst away from a major recession considering all the debt that people have tied up in their homes:

Record high household debt, including credit cards, edged closer to 1,090 trillion won ($994.3 billion) in December largely due to the central bank’s cut in the benchmark interest rate.

The Bank of Korea reported on Thursday that household debt at the end of December was 1,089 trillion won, a 2.8 percent increase from the previous record of 1,059.2 trillion won in the third quarter of 2014. When compared to the end of 2013, household debt expanded 6.6 percent from 1,021.4 trillion won.

Overall household debt has set records for seven consecutive quarters.(………………)

“The household debt to disposable income ratio, which is an indicator of households’ debt burden, at the end of 2013 was 160.7 percent, which is relatively high compared to major advanced economies, including the United States,” said Kim Yong-beom, director general of the financial policy bureau at the Financial Services Commission. “But the financial debt to financial asset ratio is holding steady at 46 percent. The government has been making persistent efforts to reform the structure of mortgage loans.”  [Joong Ang Ilbo]

You can read more at the link.

Tweet of the Day: Goodbye Spock

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