The US and other countries say a deeper connection has been forged over a new arms trade between Russia and North Korea. They accuse North Korea of providing Russia with ballistic missiles and hundreds of thousands of rounds of ammunition – supplies Russia desperately needs to continue its war in Ukraine. 

Both North Korea and Russia deny that an arms trade is underway. But as Bloomberg’s Jon Herskovitz tells us, it’s clear that an isolated economy like North Korea could stand to gain a lot from this arrangement. Jon takes us inside the evidence that an arms deal is happening and tells us why this could be one of the most lucrative moves North Korea has ever made.

The US and other countries say a deeper connection has been forged over a new arms trade between Russia and North Korea. They accuse North Korea of providing Russia with ballistic missiles and hundreds of thousands of rounds of ammunition – supplies Russia desperately needs to continue its war in Ukraine. 
Both North Korea and Russia deny that an arms trade is underway. But as Bloomberg’s Jon Herskovitz tells us, it’s clear that an isolated economy like North Korea could stand to gain a lot from this arrangement. Jon takes us inside the evidence that an arms deal is happening and tells us why this could be one of the most lucrative moves North Korea has ever made.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Russia’s Hunt for Arms Meets North Korea’s Need for Cash

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c75da3ad-e77e-4ea0-8b84-b11f016a5b97/transcript

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