ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

North Korea's COVID-19 border closure prompted suicide spike, widespread starvation: 'it's heartless'

The country's border closure due to the coronavirus pandemic led to widespread famine and starvation, leading to increased hopelessness and suicide attempts.

This story discusses suicide. If you or someone you know is having thoughts of suicide, please contact the Suicide & Crisis Lifeline at 988 or 1-800-273-TALK (8255).

North Korea continues to struggle as its borders remain closed since the start of the coronavirus pandemic, with many people losing hope, and leader Kim Jong Un forced to allegedly ban suicides. 

"The stories of the plight of the North Korean people are heartbreaking. The Kim regime does not care about the North Korean people," Anthony Ruggerio, Senior Director of the Foundation for Defense of Democracies and former National Security Council Director for North Korea, told Fox News Digital.

"The Kim family spends the billions it makes from illicit activities on missiles, nuclear weapons and luxury goods to sustain their lifestyle," he added. "The best way to help the North Korean people is to sanction the regime and Chinese companies, individuals and banks who allow this tragedy to continue."

In a recent BBC report in cooperation with NK Daily, the U.K. outlet spoke with three ordinary North Koreans about the state of the country following the devastating toll COVID19 had on the nation. 

AMERICAN MISSILE DEFENSE SYSTEM IN SOUTH KOREA CLEARED FOR FULL DEPLOYMENT DESPITE CHINA'S OUTRAGE: REPORT

A medicine seller using the name Myong Suk told the British outlet that businesses that were once healthy have dwindled to virtual non-existence. She claimed that the country’s food situation "has never been this bad." 

Increasing poverty has caused suicides to spike 40% over the past year alone, Radio Free Asia reported, citing government officials but unable to confirm the tally. 

"There are a lot of internal unrest factors in North Korea due to the hardships of people," the South Korean National Intelligence Service told the outlet. 

In response, Kim officially declared suicide an "act of treason against socialism" and ordered his government to take preventative measures – an order delivered in emergency meetings in each province at the provincial, city and county levels. An official from the northeastern province of North Hamgyong also claimed that violent crimes have increased. 

NORTH KOREA STATE MEDIA MOCKS US FOR BLINKEN'S ‘DISGRACEFUL BEGGING TRIP’ TO MEET WITH XI

"Our meeting was held at the provincial party committee’s building located in Pohang district, in the city of Chongjin," he said. "The large number of suicide cases in the province was revealed, and some officials . . . could not hide their anxious expressions," the North Korean official told the BBC.

Party officials told local politicians that suicide has a greater social impact than starvation, but the party offered no solution as to how the local governments could effectively prevent further attempts. 

"Most of the suicides were caused by severe poverty and starvation, so no one can come up with a countermeasure right now," the anonymous official said. He described hearing about a boy whose parents died of starvation and whose grandparents subsequently consumed rat poison when their hunger became too much for them. 

The correspondence between the BBC and the three North Koreans living inside the country add the much-needed context to understand the true severity of the situation most people face: Myong Suk said she had gone from feeding her family rice to scraping out meals of corn alone for her family, with neighbors daily begging her for food. 

US NUCLEAR SUBMARINE ARRIVES TO SOUTH KOREA A DAY AFTER NORTH KOREA RESUMES MISSILE TESTS

She says that the people are "living on the front line of life." 

"Before COVID, people viewed Kim Jong Un positively, but now almost everyone is full of discontent," she said. 

A construction worker calling himself Chan Ho told the BBC that his income – 4,000 won, equivalent to $.50 a day – is no longer enough to buy the rice needed to feed his family, forcing him to rely on government rations, which he also stopped receiving. 

The prices of rice, corn and seasonings have risen so high that no one can afford them anymore, he said, and the country does not produce enough food to support its population. In addition to limiting food imports, the border closure denied workers access to fertilizer and machinery needed to grow crops. 

US IMPOSES SANCTIONS ON NORTH KOREAN COUPLE IN BEIJING FOR ALLEGED BALLISTIC MISSILE EQUIPMENT PROCUREMENT

He even described how a friend’s son became so malnourished that the military released him from service.

"At first, I was afraid of dying from COVID," he said. "But then I began to worry about starving to death."

Residents attempted to supplement their income, such as the case of Ji Yeon, who would sell stolen fruit and vegetables as well as cigarettes her husband got as bribes from co-workers, but the party ordered more stringent security measures, leading to more thorough checks that have made it impossible to move anything. 

"We survive by thinking 10 days ahead, then another 10, thinking that if my husband and I starve, at least we will feed our kids," Ji Yeon said, revealing that she had recently gone two days without eating. 

"It’s a disaster," she added. "With no supplies coming from the border, people do not know how to make a living."

"Even if people die next door, you only think about yourself. It’s heartless," she said.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.