Over the past decade, private equity firms have surged in popularity across the globe and have presented financiers with less regulated opportunities across international industries. Investment opportunities are typically less regulated because private firms aren’t required to register with governmental organizations who regulate the trading of shares.
globalEDGE Blog - By Tag: north-korea
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On Tuesday, The U.S. House of Representatives voted almost unanimously to pass legislation that would broaden sanctions on North Korea. This bill comes after North Korea announced last Wednesday that they had successfully completed a hydrogen bomb nuclear test. The bill proposes stronger sanctions that would deny North Korea the money that it needs for developing nuclear warheads, long-range missiles, and for paying its army and police forces. It will also use financial and economic pressure to keep North Korea away from maintaining the assets that they hold in foreign banks.
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With the announcement of North Korea's Kim Jong II's death on Monday, many business and world leaders are trying to figure out what will happen with the historically volatile country. Although the US places strict restrictions on how US businesses can interact with North Korea, other countries are much more liberal and have created many opportunities for their businesses to profit from relations with North Korea.
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On November 23rd North Korea fired artillery on the South Korean island of Yeonpyeong as a response to South Korea performing military drills near disputed maritime border. Besides the obvious restrictions set on North Korea by global super powers, some businesses are also taking steps to protect their employees from the potential threat.
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Beer, actually. To celebrate, they produced a commercial for it, running almost three minutes. Here's a video from Reuters with more details: