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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Politics

Politics

North Korea’s ruling party meets early June.

North Korean leader Kim Jong Un attends the 7th enlarged plenary meeting of the 8th Central Committe... North Korean leader Kim Jong Un attends the 7th enlarged plenary meeting of the 8th Central Committee of the Workers' Party of Korea (WPK) in Pyongyang, North Korea, March 1, 2023 in this photo released by North Korea's Korean Central News Agency (KCNA). KCNA via REUTERS
North Korean leader Kim Jong Un attends the 7th enlarged plenary meeting of the 8th Central Committe... North Korean leader Kim Jong Un attends the 7th enlarged plenary meeting of the 8th Central Committee of the Workers' Party of Korea (WPK) in Pyongyang, North Korea, March 1, 2023 in this photo released by North Korea's Korean Central News Agency (KCNA). KCNA via REUTERS

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On Monday, state media KCNA announced that North Korea’s governing party would convene in early June to discuss economic plans.

The newspaper stated the summit would assess the first half of 2023’s national economic goals and address “policy issues of weighty significance” in the revolution’s growth.

It will be the WPK’s 8th Plenary Meeting.

In February, the latest plenary conference discussed rebuilding the economy and agriculture amid food scarcity fears.

North Korea called recent U.S.-South Korean military drills “dangerous war gambles” in a separate commentary broadcast by KCNA on Monday.

“It is no exaggeration to say that the war scenario for aggression on the DPRK has already entered its implementation stage through training stage,” the commentary said.
The two nations began their first joint military exercises since 2017 on Thursday, drawing criticism.

Thursday’s Combined Joint Live-Fire Exercise involved 2,500 troops from 71 units and 600 military assets mobilized by the allies 25 kilometers (16 miles) south of the inter-Korean border to demonstrate their military capability amid North Korea’s nuclear and missile threats.


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