‘Dollarization’ of North Korean economy, once vital, now potential threat to Kim’s rule

North Korea has tolerated the widespread use of more stable foreign currencies like U.S. dollars and the Chinese yuan since a bungled revaluation of the won in 2009 triggered runway…

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Philippines raises alert level around volcano, villagers told to leave danger zone

Philippine officials have raised the alert level for one of the country’s most active volcanoes after superheated streams of gas, debris and rocks cascaded down its upper slope in a…

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