South Korea says sanctions shrank North Korean economy at sharpest rate in 20 years
SEOUL (Reuters) – North Korea’s economy contracted at the sharpest rate in two decades in 2017, South Korea’s central bank estimated on Friday, as international sanctions and drought hit growth hard, with signs living conditions were beginning to deteriorate. Gross domestic product (GDP) in North Korea last year shrank 3.5 percent from the previous year,…