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Analysis: ‘I have failed’ – Kim Jong Un shows tearful side in confronting North Korea’s hardships

Analysis: ‘I have failed’ – Kim Jong Un shows tearful side in confronting North Korea’s hardships

SEOUL (Reuters) – North Korean leader Kim Jong Un appeared to shed tears at the weekend as he thanked citizens for their sacrifices, in the most striking demonstration yet of how he is relying on his “man of the people” persona to tackle his country’s deepening crises.

North Korean Leader Kim Jong Un reacts during a speech at a military parade marking 75th founding anniversary of Workers’ Party of Korea (Wpk), in this still image taken from video on October 12, 2020. KRT TV/ via REUTERS

Though the young leader has consolidated his rule over the isolated nation with ruthless purges, North Korea watchers say he has also sought to portray himself as a more traditional political leader than his eccentric father, Kim Jong Il.

Speaking at a military parade on Saturday, Kim became emotional as he paid tribute to troops for their response to national disasters and preventing a coronavirus outbreak and apologised to citizens for failing to raise living standards.

“Kim’s modesty and candour, and his tears and choking, were all highly unusual, even for someone who publicly acknowledges shortcomings and has an established pattern of being expressive,” said Rachel Minyoung Lee, an independent researcher and former open-source North Korea analyst for the U.S. government.

The speech, which was clearly carefully designed to resonate with the domestic audience, likely cemented Kim’s image as a competent, charismatic leader who also has a human side to him, she said.

‘I AM SORRY’

Kim – who broke into wide smiles when huge new ballistic missiles were displayed in the parade – blamed North Korea’s continuing economic hardships on international sanctions, the coronavirus crisis and a series of damaging typhoons and floods.

Since succeeding his father in 2011, Kim has made economic progress a cornerstone of his agenda. He also U.S. President

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Analysis: ‘I Have Failed’ – Kim Jong Un Shows Tearful Side in Confronting North Korea’s Hardships | World News

Analysis: ‘I Have Failed’ – Kim Jong Un Shows Tearful Side in Confronting North Korea’s Hardships | World News

SEOUL (Reuters) – North Korean leader Kim Jong Un appeared to shed tears at the weekend as he thanked citizens for their sacrifices, in the most striking demonstration yet of how he is relying on his “man of the people” persona to tackle his country’s deepening crises.

Though the young leader has consolidated his rule over the isolated nation with ruthless purges, North Korea watchers say he has also sought to portray himself as a more traditional political leader than his eccentric father, Kim Jong Il.

Speaking at a military parade on Saturday, Kim became emotional as he paid tribute to troops for their response to national disasters and preventing a coronavirus outbreak and apologised to citizens for failing to raise living standards.

“Kim’s modesty and candour, and his tears and choking, were all highly unusual, even for someone who publicly acknowledges shortcomings and has an established pattern of being expressive,” said Rachel Minyoung Lee, an independent researcher and former open-source North Korea analyst for the U.S. government.

The speech, which was clearly carefully designed to resonate with the domestic audience, likely cemented Kim’s image as a competent, charismatic leader who also has a human side to him, she said.

Kim – who broke into wide smiles when huge new ballistic missiles were displayed in the parade – blamed North Korea’s continuing economic hardships on international sanctions, the coronavirus crisis and a series of damaging typhoons and floods.

Since succeeding his father in 2011, Kim has made economic progress a cornerstone of his agenda. He also U.S. President Donald Trump, forming an unprecedented personal relationship that included flowery letters.

But ambitious plans for international trade, construction projects, and other economic measures have stalled in the face of sanctions imposed over his nuclear weapons and ballistic missile programmes.

The economy took

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Consumer Reports: Financial advice during COVID-19 | 3 On Your Side

Consumer Reports: Financial advice during COVID-19 | 3 On Your Side

3 ON YOUR SIDE (3TV) – Andrea Bloome has devised a whole system, so she can zero out her credit card bills and plan for her future at the same time.

“My best plan is to take the money before I ever even see it, so I don’t even know it exists,” Bloome says.



saving money

Consumer Reports says it’s important to find the right balance for spending and saving.




Money experts at Consumer Reports agree with her strategy, and say it’s important to find the right balance. Penny Wang is a money expert at Consumer Reports.

“It’s difficult to tackle two financial goals at once, but if you take a two-pronged approach, you can save for retirement and pay down your debt at the same time,” said Wang.

Start by taking a good, hard look at where your money is going. Several online tools can help you track your spending, including Mint.com, which is free, and YNAB, short for You Need A Budget, which costs $84 a year.



money advice mint ynab

Several online tools can help you track your spending, including Mint.com and YNAB.




Then, look for ways to free up cash. You’ll have the biggest impact with big-ticket items such as housing or transportation. But small fixes, like making coffee yourself or cooking at home, can also add up over time.

Next, prioritize your debt. High-interest credit cards should go first and then lower interest debt, like student loans. Setting up automatic payments, like Bloome has can help make it mindless.

“It makes it much easier because that way, you don’t have to remember each month to send in the money and you know that your debt is being paid down regularly,” Wang says.



coffee

Small fixes, like making coffee yourself or cooking at home, can also add up

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