Foreign investment, insurance fraud, and ETFs.
by Marcus Noland | March 16th, 2012 | 06:03 amThe headline on the Yonhap piece was jarring: “N. Korea sets up insurance firm to attract more foreign investment.” The last time “North Korea” and “insurance” met, it was in the context of fraud, in which it was claimed that the North Korean state insurance agency insured assets (such as the contents of a warehouse), [...]