April 13, 2012 (Vietnamica) — North Korea’s attempt to put a $1 billion satellite into orbit failed on Friday when its rocket booster exploded in mid-air shortly after liftoff. Prior to launch, the United States and its allies had condemned the launch as a pretext to test controversial ballistic missile technology. The disaster marks a public humiliation for the new government of Kim Jong-un, which was using the event to commemorate the 100th birthday of the country’s founding patriarch Kim Il-sung. Washington has suspended some 240,000 tons of much-needed food aid in response to the North Korea provocation (NYT)....
May 18, 2012 (Vietnamica) — Wholesale market gold prices climbed as high as $1594 an ounce during Monday morning’s London trading, jumping 1.5% in the first...
