Now Reading: North Korea earned $22 billion from Russia war, cyber theft
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North Korea earned $22 billion from Russia war, cyber theft
North Korea generated an estimated $22 billion in foreign revenue between 2022 and 2025, nearly four times the previous four-year period, according to a Bloomberg Economics analysis. Russia’s war in Ukraine is…
The Story in Brief
North Korea generated an estimated $22 billion in foreign revenue between 2022 and 2025, nearly four times the previous four-year period, according to a Bloomberg Economics analysis. Russia’s war in Ukraine is the main driver: Pyongyang supplied up to 50% of Moscow’s 122 mm and 152 mm artillery shells and deployed 16,000 to 22,000 troops. Cyber theft adds another stream, Pyongyang-linked groups now steal over 70% of global cryptocurrency. The money has boosted North Korea’s economy by 3.5% in 2025 and funded new warships and nuclear expansion.
The Indian Opinion
The narrative that sanctions have failed ignores that the windfall came from war and crime, not legitimate trade. Sanctions still choke ordinary commerce. The real danger is Russian technology transfers; watch whether North Korea’s new destroyers and missile systems test longer-range capabilities soon. That will settle how much the West should worry.
Source: timesnownews.com
This story was synthesised by AI from the source linked above.
