SATINDER SARTAJ I LATEST INTERVIEW 2018 I GABRUU DA DHABA
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The Rise of GPU Computing (+ What is Volta, Titan V,...) - Duration: 10:17.Hi, thanks for turning into Singularity
Prosperity. This video is the sixth in a
multi-part series discussing computing.
In this video, we'll be discussing the
rise of GPU computing. While CPUs utilize
multiple cores and as of recently have
been increasing core counts, graphics
processing units, GPUs, essentially take
the concept of parallelization and
expand on it in a massive way. Observing
the trend from the mid-1990s, you can see
core counts were steadily increasing for
about a decade, from 1 core in 1995 to
24 cores by 2006, so a steady rate of
growth of about 2 cores per year. 2006
was an inflection point in GPU computing,
where we saw a massive jump from 24 cores
to over 5 times that, 128 by 2009.
Progressing to present day, you can see
that the shift in massive parallelism
has been focused on more and more, from a
rate of growth of about 2 cores per year
to now about 200. As of this year, 2018, we
are now reaching graphics architectures,
such as Nvidia Volta, with core counts
over 5000. To understand why GPUs are
becoming so widely adopted today, it is
best to first understand their original
purpose, graphics, more specifically for
gaming. I'm sure that's how the majority
of people, myself included, still view
companies such as Nvidia and AMD today.
Gaming is an extremely computationally
intensive task, and as the years have
progressed, it has only continued to grow
more and more complicated. There are so
many things to simulate such as:
materials, lighting, shadows, physics of
different materials and their
interactions with lighting as well as
other materials, various fluid
simulations, procedural generation - the
list can go on and on. To highlight the
level of complexity some games can reach.
I want to play a clip from one of the
most ambitious games and development
today, Star Citizen:
[Music]
[Music]
[Music]
As you can see and from the thousands of
other applications I didn't even mention,
games requiring the order of millions
even billions of computations per second,
and this is only set to increase as
technologies such as VR start getting
more traction. This is why GPUs are
focused and have increased so rapidly
in parallelism since the mid-2000s. This
massive parallelism is now bleeding into
other applications,
one of the most mainstream currently and
why such mass adoption of GPUs has grown
is, artificial intelligence, more
specifically deep learning. We'll
explore this topic much deeper in this
channels AI video series, but essentially,
machine learning models typically
require billions even trillions of
matrix operations, which are just simple
multiplies and additions. GPUs by default
excel at doing large amounts of
repetitive calculations due to their use
in gaming, thus deep learning was a
perfect fit. All of this is a positive
feedback loop, increased graphics and
simulations and increased AI performance
will propel each other forward, such as AI
in computer characters and increased
realism in simulations and physics. This
also translates to progressing
scientific innovation as well, both in
the micro and macro scale, with the use
of GPUs to model and research the small
things such as protein folding to
things as large as more accurate weather
simulations or even larger such as
gravitational wave simulations. Now a
word from Nvidias CEO and co-founder,
Jensen Huang, to highlight some of what
I've talked about further: In
order to train this neural net with huge
amounts of data, you need to do huge
amounts of computation. Trillions and
trillions and trillions of operations,
necessary to effectively for this neural
network brain to learn how to perform an
intelligent task, like image recognition
or voice recognition.
Well that handicap, that handicap was
overcome with the discovery of the GPU.
So these two factors, the end of
Moore's Law and the emergence of a new
software development method - a new
software technique happened at almost
exactly the same time, and these two
dynamics turbocharged the adoption of
GPU computing, this form of computing
we've been working on for literally a
decade and a half. In fact you could say
that ever since the founding of our
company, we've focused on only this form
of computing, no
company of our scale and size has ever
dedicated itself does this one singular
field of computer science: GPU
accelerated computing is all we do, now
as a company of 12,000 people
we've now dedicated and invested some
close to 30 billion dollars in the
pursuit of advancing GPU accelerated
computing. Easily observable by Nvidias
stock price, GPU computing is the new
industry standard and is now being
massively adopted across all fields that
require intensive computing. This is also
observable by the trend of compute
performance over the past 120 years, with
the last seven data points from 2006 all
being GPUs. The majority of GPUs are
still primarily at 16 nanometer node
sizes, able to deliver performance at
teraflop levels. Such as Nvidia's Pascal
and AMD's Vega high-end consumer cards,
which both clock in around 12
teraflops. This is just the general
performance for calculations run on
these GPUs, as discussed in a previous
video in this computing series, hardware
and software optimizations can increase
this performance much further. This can
be exemplified by Nvidia latest GPU
architecture, Volta, specifically designed
for artificial intelligence. Their
highest-end card, the Tesla V100,
boasts a core count of 5120 with a node
size of 12 nanometers, yielding general
performance of 15 teraflops.
However, when running machine learning
computational tasks, yields a performance
of 120 teraflops, 8 times greater
than its general performance and well
exceeding the prediction of Moore's Law!
This insane performance is achieved due to
tensor cores and tensors sort. As
mentioned earlier, deep learning involves
many matrix operations, tensor cores are
specialized hardware on Volta GPUs
that allow for asynchronous computation
for the multiplications and additions
involved in these matrix operations. This
yields 12 times greater throughput
than the same operations on a Pascal
card. Tensor sort simply refered to as
TensorRT is an optimized compiler for
machine learning code.
So essentially, Nvidia Volta cards
support various machine learning
languages such as: Tensorflow,
PyTorch and others, then TensorRT
compiles and optimizes the code to be
run on the tensor cores.
This is done through various processes
such as reduced precision, layer fusion,
multistream execution and much more that
we'll explore in a future AI video. This
optimization gives 40 times boosts in
performance and 30 times boosts in
efficiency and this design methodology
is thr pinnacle of hardware and software
optimization and how 1^14
flop performance is achieved for these
machine learning computations. In terms
of practical applications for machine
learning models, a 40 times boost in
image recognition and a 140 times boost
in natural language processing is seen,
as well as a halved latency for both.
This is a huge deal, when talking to a
virtual assistant for example, 3/10
of a second versus 1/10 of a
second make a vast difference in the
experience. It is also worth noting, this
is just the first iteration of Volta
architecture. The Tesla V100 is a data
center chip and only buyable in a DGX unit,
this is quite expensive, in the range of
$70,000+, but its purpose isn't for the
average consumer and mainly made for
startups and other such companies. As of
recently, in December 2017, the Titan V
was announced. This card is the first foray
into consumer level machine learning
with a price tag of $3,000. As time
progresses, industry cards like the V100
and consumer cards will only get better and
cheaper, opening up AI for everyone!
In terms of general GPU computing, also
refer to as GPGPU computing, there are
various optimizations both in hardware
and software being made. GPUs have
built-in memory called VRAM which is
essentially like DRAM, new GPU memory
architectures are reducing the latency
calls to memory induce, this is called HBM,
high bandwidth memory and like 3D NAND
utilizes more z-space, which allows for
more memory to be added to GPUs as well
as bringing the memory closer to the
processing die to reduce latency. Also
evolving PCIe standards with 4.0 and 5.0
will also assist with data bandwidth and
GPU power consumption. If you want to
learn more about memory and data, be sure
to watch the previous video in this
series, if you haven't already. In terms
of software optimization, Nvidia's
compute unified device architecture, CUDA
platform is beginning to grow massively.
CUDA is essentially a parallel computing
platform which allows developers to
utilize the mass parallelism in GPUs
for general-purpose computing. There is
also improvement in the graphics and
simulation front with DirectX 12 and
Vulkan APIs. These allow better GPU
multi-threading, CPU communication and
much much more when it comes to gaming
and other simulation and graphically
intensive tasks.
All in all, GPUs are just beginning
to hit their prime, with more adoption
and exponentially increasing performance,
due to major innovations of both
hardware and software and they still
have a long ways to scale with general
performance expected to continue growing
into the 2040s. Performance is currently
growing at a rate of 10 times every five
years, so following that logic by 2040
we'll have GPUs 100,000 times better than
today! St this point the video has come
to a conclusion, I'd like to thank you
for taking the time to watch it. If you
enjoyed it consider supporting me on
Patreon to keep this channel growing and
if you want me to elaborate on any of
topics discussed or have any topic
suggestions, please leave them in the
comments below.
Consider subscribing for more content,
follow my Medium publication for
accompanying blogs and like my Facebook
page for more bite-sized chunks of
content. This has been Ankur, you've
watching Singularity Prosperity and I'll
see you again soon!
[Music]
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一番手軽で話題の外付けマイクを買いました ソニー ECM C10 - Duration: 5:33.-------------------------------------------
Rap về Pennywise ( IT - Chú Hề Ma Quái ) | 360hot REN Music - Duration: 2:09.-------------------------------------------
Mighty Morphin Power Rangers - S02E36 - Episode Review - Duration: 5:26.Welcome to Ranger Reviews, a webseries where we look at episodes of the tv show, Power
Rangers and then discuss it!
Today, we're exploring the ninety sixth episode of Mighty Morphin Power Rangers as
well as the thirty sixth episode of Season 2, titled "The Great Bookala Escape".
We begin this episode in Angel Grove Park where Billy, Aisha, and Adam are playing with
a frisbee with a damn UFO comes flying in.
Before we can get too far into that, we see that Bulk and Skull trying to make a chalk
crop circle because they believe the Power Rangers are from outer space.
Also, apparently Zedd is after this little alien because he wants his diamond power source?
The UFO crash lands in the park, and the three teens approach it cautiously with Adam touching
it like an idiot.
Aisha sees a doll inside of it, but Billy says that it's alive due to some monitor
that we don't see.
But Billy does know what a diamond power source is, apparently.
They tell Zordon about what's going on, and Zordon says "that explains Serpentera".
Were you just going to let us die or….?
Serpentera starts firing at the three in short bursts as they wrap the thing in a blanket
to teleport out.
Also, Goldar says they need to recharge, and Zedd forbids him to say that word ever again.
In the Command Center, all six are crowded around the spaceship, and Zordon explains
that this diamond power source could be used by Zedd to power Serpentera.
Billy opens the open hatch, and Zordon says that he is a Bookala from the planet of the
same name.
Imagine we all lived on Planet Human, and we're all humans.
Billy places the diamond in Bookala's hands in the cockpit, and Bookala grows human sze,
and then he struggles to learn English because apparently they're super intelligent or
something?
It comes off as racist thanks to using a very Japanese looking monster.
Aisha comes up with the ingenious idea to create a fake Bookala doll to distract Zedd,
so the real one can get away.
Also Billy is going to repair the ship… somehow?
Aisha, Adam, and Aisha go to…
Skull's garage?
Whatever, they make a fake diamond and Bookala.
Time to check in on everyone's favorite guys with a few extra chromosomes, and yeah,
they still suck.
Bookala shows them a snowglobe saying it's like his home planet, Bookala.
Billy laments how it doesn't snow in Angel Grove.
Tommy rings to say that Zedd may have found them (somehow), and suddenly, sparks appear
around them, and some random monster named Weldo just walks through some cardboard boxes,
firing at them.
They morph, and they take the ship and fake stuff out of there with Bookala.
Meanwhile, Tommy, Rocky, and Kim are just watching this happen?
It's morphin' time!
Weldo shows up again, firing at Bookala and hitting him, which pisses off Billy so badly,
that he fires at Weldo with a Blade Blaster, completely destroying Weldo.
That was pretty underwhelming.
Alpha teleports Bookala away.
Zedd and Goldar in Serpentera creep above, and they see that they're preparing to have
the spacecraft take off, and Zedd sends Goldar to stop them.
Goldar shows up in front of them with putties, and apparently, it's called a Lightning
Diamond?
There's a putty fight, and honestly, the American stunts are getting better slowly,
which is something to say for this season.
They all try to take on Goldar, and the Rangers suck, and Goldar grabs the Lightning Diamond,
leaving.
They decide this is the time for Bookala to escape.
Goldar returns, and Zedd is very happy with Goldar's success, and they place the diamond
into the power grid for them to charge Serpentera.
They all say goodbye to Bookala, and Aisha makes a joke about never wanting to see her
again, and it doesn't come off as a joke at all.
Billy and Bookala then hold a nice moment where Bookala makes it snow because Billy
wanted that, I guess.
Bookala shrinks again into his ship, taking off into the sky, but not before he goes by
Bulk and Skull who fall over onto the ground.
Those guys!
Zedd and Goldar are coming in hot in Serpentera when suddenly, Serpentera loses its power,
and they discover that the diamond is a fake.
They see the real Bookala leaving literally in front of them, and Goldar tries to fire
at him, which causes random explosions in the cockpit.
Zedd says "screw this", and he makes the fake Bookala into an evil version of him literal
seconds before he just makes him grow giant.
The Rangers call out their Thunderzords, forming the Thunder Megazord.
I guess Tommy went for a nap or something.
Then, the evil Bookala's tongue comes out and wraps around the Thunder Megazord like
that was a thing he just did all the time before they break free, using the Thunder
Saber to kill the fake Bookala.
Also, why do they call him Bookala?
That's like if my name was Human, and I lived on the planet Human, and my species
was called Human.
Everyone is training in the Youth Center, and Kim comes in with a letter from "Trini
and the guys", and it matches the storyline by saying how everyone is different, but also
the same.
Bulk and Skull show up to show off their photos of the Power Rangers, which they say they
got in the park yesterday, but they're still in the same clothes and everything.
Also, all they have is a bunch of selfies.
The end.
This episode isn't nearly as bad as I remembered, to be honest, but maybe my Stockholm's syndrome
of Season 2 is just starting to set in.
It was relatively well written, and besides the fact that Weldo was absolutely pointless
and served no purpose whatsoever, the idea that Zedd is struggling to find a decent power
source for Serpentera is a good one, especially when it ties in with what's going on with
the Rangers.
Other than that, having a Billy episode be about how he hopes he gets to explore space
someday is very fitting, and of course his newest friend would be a giant alien.
Will next time continue to be decent?
Until then, may the power protect you!
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BVLGARI B.Zero1 - An interview with Bella Hadid - Duration: 1:50.Tell us your first reaction when you discovered you would be the B.zero1 woman for BVLGARI ?
I mean obviously i was so excited this is one of my first major jewelry campaign
and you know i love the Bulgari family anyway and
it's just you know another step with this amazing crew and I'm so ecstatic i mean, diamonds !
How would you define the BVLGARI woman?
Strong, bold, confident, responsible, smart…
Who is the woman behind the B.Zero1 movie ?
She is a strong woman i mean I think that she is powerful and
she is ready to take on action and
doesn't really care
and just wants to be the incredible powerful woman she is especially with diamonds
which makes everything better
How was to work with a visionary director like Solve Sundsbo?
I mean it's absolutely incredible to work with somebody like Solve
I mean I worked with Solve before but nothing as big as something like this
and he is so calm so I'm just so lucky that I got to be able to work with him
and shoot this amazing campaign with him
Tell us solve's weirdest habit on set ?
He's a really funny person
with great music tastes
very great playlists
good job Solve!
[Laugh]
Which is your routine to get ready for a BVLGARI campaign?
It's always to laugh in the morning, i mean we have long long days on set so
I think to keep a positive attitude it's always something that i try to do.
What is the best thing about Rome?
The best thing about Italy is probably ice cream
Would you like to have one right now?
What? Are you kidding me?
You knew I wanted to go after this sneaky sneaky people….
This is the best ending to the best day… Love you!
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How to Create a Cat-Friendly Indoor Garden - Way to Grow - HGTV - Duration: 1:31.-------------------------------------------
People with mental illness help each other - Duration: 4:07.Nicole Hirschi is on her way to work.
She has been a peer employee at Interlaken hospital for two years,
and works a 45% week.
She can no longer do her previous job as a teacher,
since she became ill with severe chronic depression.
Several stays at a clinic, a lot of treatments.
Meanwhile, the single mother is now stable.
Today she has a patient of her own.
It's a woman with severe depression,
like I had, she's also a mother like me.
I've been meeting her regularly for a year and a half.
Hello Katrin, hi. - Hi, nice to see you.
The patient also used to be a teacher, then
chronic depression, stays in the clinic, despair,
hopelessness.
Until she met her peer Nicole Hirschi.
My therapist is great and was always saying to me
"You'll recover."
But I actually only believed it from Nicole.
When I first met her I saw
that we were in a similar situation.
She was working again and managing with the children.
That really gave me hope.
You need this hope so much in order to keep going.
It's a difficult condition and sometimes so hopeless,
and that's why hope is so important.
Nicole Hirschi listens,
gives practical tips from her own wealth of experience.
I very often find myself in the role of bridge builder
between the patient and the therapist,
simply because
I can contribute my own experience.
The people that I support
find this inspires a great deal of trust.
They always say: "Now there's finally someone who understands me."
Nicole Hirschi works in a team with Thomas Ihde.
The Senior Doctor of Psychiatry at Frutigen-Meiringen-Interlaken hospitals
has been working together with peers for five years now,
has employed six of them permanently, and two freelancers.
He has seen people with mental illness recover more quickly thanks to peers,
even if there is no scientific evidence for this.
What I nevertheless see is
there are people who I'm convinced
wouldn't have recovered without peers.
I myself have also supported people
suffering from schizophrenia, for example,
who couldn't go out because they were scared,
but for years couldn't tell me why.
And I tried many things, psychotherapy, medication,
all my knowledge as a senior doctor, and nothing worked.
A peer went round once,
and the person dared to leave the house.
Nicole Hirschi trained for one and a half years
to become a peer.
She's one of 160 peers
already trained in Switzerland.
A good half of them, 86, are now employed as a peer,
most working part-time in around 20 psychiatric clinics.
Chur: Graubünden is the first IV office in Switzerland to use peers.
A year ago, Head Thomas Pfiffner started a pilot project
with a part-time peer, who he is now employing permanently.
There's a positive effect on the relationship.
The aim is to reduce the insured person's fear
and thus enable him or her
to maybe agree to a reintegration process
more easily and quickly.
Peers as bridges to IV: The government has praised the Graubünden project
and encourages other Invalidity Insurance offices to follow suit.
You can't force it, but it's a way
to which we can lead the Invalidity Insurance offices,
that's why we're also supporting the pilot in Graubünden.
In Interlaken, Nicole Hirschi has finished work for the day.
In psychiatry, more and more patients are benefiting
from the experience of these peers.
For Invalidity Insurance, this development has only just begun.
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Many refugees rely on social assistance - Duration: 1:56.The Red Cross is training refugees to become nursing auxiliaries.
And a private association is turning refugees into programmers.
Such projects hit the headlines again and again.
But there are not enough development programmes for all refugees.
And that's precisely the problem: appropriate training,
says the co-chair of the SKOS social assistance association.
The job market needs skilled labour.
People who come to Switzerland via the asylum process
are generally unskilled.
So there's a mismatch.
25,000 refugees rely on social assistance from federal government,
clearly more than just a few years ago.
The cantons are worried.
For in 7 years at the most, cantons and local authorities
need to cover these costs.
It will be extremely expensive.
At SKOS, we've calculated
that based solely on developments in the asylum segment
the costs of social assistance
will increase by several percent per year.
Which is why effective measures to prevent this are needed now.
Federal government needs to act:
it says it is aware of the urgency
and has set up new projects.
The federal government is running several interesting projects.
One of the most interesting is the integration pre-apprenticeship.
Here, refugees
are made ready for the job market.
For integration programmes,
more money is to be made available in the future.
The federal goverment and cantons want a lump-sum integration amount
of 18,000 francs per refugee.
It's still unclear who will pay what, but one thing is clear:
the costs of failed integration into the labour market
would be much higher - for the government,
and also for the people affected.
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How to embrace: Contemporary music - Duration: 1:40.-------------------------------------------
'Swissmade' label: the pros and cons - Duration: 3:49.Ronnie Bernheim, the maker of the famous station clocks,
is upset at the new rules.
At this time of year there are usually more people at work in his factory.
Orders are in short supply in one segment.
He's no longer allowed to write "Swiss made" on some watches -
customers are leaving.
This means that we are missing large orders from companies
which buy watches as gifts, such as automotive companies, etc.
That impacts on capacity utilization.
These companies say:
"We have a budget of so-and-so many francs or dollars."
"If you can't do that with "Swiss made" then too bad,
we'll buy them in the Far East without "Swiss made".
By law, a watch is only considered to be a Swiss watch
if at least 60% of the manufacturing costs
are based in Switzerland.
This is more stringent then it used to be
when only 50% of the watch movements had to come from Switzerland.
The rules are affecting manufacturers in the low-end segment in particular.
Ronnie Bernheim represents 30 companies at IG Swiss Made,
which contested the new rules
and which now have to contend with them.
Either the watches become a lot more expensive
because we have to do more work in Switzerland -
but the customers don't pay for that -
or the customers buy watches that are not "Swiss made" in the Far East.
And that's usually what happens.
One proponent of the new "Swiss made" rules
is Swatch CEO Nick Hayek.
He presented impressive annual figures today for 2017.
Sales in the lower and mid-range price segments
also posted strong growth.
If it says "Swiss made", then it must be Swiss made -
regardless of whether this results in more costs or complications.
There's no other way. That's the right way.
It's just one of those things
if some watch manufacturers run into difficulties as a result.
Some of them may find it hard to comply with the "Swiss made" rule,
because they sold products as "Swiss made"
even if they actually weren't.
Some pieces were imported.
It may be the case that a realignment will occur,
that the brands that claimed to be "Swiss made"
and which weren't at all won't be around any more.
The new rule is also known as Lex Hayek.
So if Swatch can do alright with it
why shouldn't SMEs too?
A large company
which makes huge quantities of the same watch case, for example,
uses different production methods.
Even metal can be sprayed almost like plastic,
and the unit costs are very low.
An SME never has these quantities
and also uses a modern but more conventional production method.
That's more expensive.
The "Swiss made" label:
Edouard Meylan at the watch-making company Moser & Cie. doesn't need it at all.
He's doing without it,
although his luxury watches are 95% Swiss-made.
For some customers it's important that they're marked "Swiss made".
But for Moser & Cie., which produces 1,000 watches a year, it doesn't make sense.
We sell watches to clients who are aware
how much work goes into development, research and production.
For these clients it doesn't matter
whether or not the watches bear the "Swiss made" label.
There are beautiful watches in the world
which are not Swiss made and which sell well.
So if someone launches a brand without "Swiss made" - why not?
The Swiss-made rules:
A transition period applies until the end of the year,
then all watch-makers will have to have made the switch,
if they want to sell "Swiss-made" products.
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Advanced English 🇺🇸 🇬🇧 - Jack & Kate Ask Each Other Questions in the 2nd, 3rd, Mixed Conditional - Duration: 11:31.-------------------------------------------
N. Korea to send high-level delegation to closing ceremony of PyeongChang Olympics - Duration: 1:48.We begin with more welcome development in improving inter-Korean ties.
A high-level delegation from up North will be crossing over for the closing ceremony
of the winter games.
They are expected to also hold meetings with President Moon Jae-in during their stay.
Ji Myung-kil has our top story.
North Korea has informed South Korea on Thursday that it will send an eight member high-level
delegation led by Kim Yong-chol... the vice chair of North Korea's Ruling Party's Central
Committee to attend the PyeongChang Winter Olympics closing ceremony.
The delegation will also include Ri Son-gwon... the head of the North's agency in charge of
inter-Korean affairs, as well as six supporting staff.
South Korea's unification ministry said the delegation will arrive in the South on February
25th... using the western land route... for a three-day visit.
Seoul's unification ministry issued a statement saying the government thinks the visit of
the North Korean delegation will help improve inter-Korean relations and represent a huge
leap into the regime's denuclearization.
The South Korean presidential office of Cheong Wa Dae said President Moon Jae-in will naturally
meet with the North Korean delegation at the closing ceremony.
A Cheong Wa Dae official also said President Moon could meet with the North Korean officials
for formal talks later in the week over establishing peace and improving South-North ties.
North Korea already sent a high-level delegation on February 9 for the opening ceremony of
the PyeongChang Winter Olympics headed by Kim Yong-nam, Pyongyang's ceremonial head
of state, and Kim Yo-jong, the younger sister of North Korean leader Kim Jong-un.
Ji Myung-kil, Arirang News.
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The Young Offenders Go On A Road Trip | The Young Offenders - Duration: 2:38.-------------------------------------------
North Korea's trade deficit with China reaches US$1.7 bil. - Duration: 2:02.The economic sanctions targeting North Korea may be starting to bite.
New data shows...
Pyongyang is selling less to its biggest trade partner, China.
Our Cha Sang-mi has more on the gloom that awaits unless the regime change its ways.
U.S. news website Business Insider on Wednesday reported that North Korea has fallen into
a one-point-seven billion U.S. dollar trade deficit with China, its biggest and most important
trade partner.
NK News, a U.S.-based website that provides news and analysis about North Korea, also
pointed out at contrasting trade figures.
While North Korea spent over three-billion dollars on Chinese imports in 2017,... it
only exported one-point-six billion dollars in goods.
The North's exports last year represent a dive from 2013 when it exported nearly three-billion
dollars in goods to China.
The slump comes after the UN imposed and pushed for "maximum pressure" on Pyongyang a year
ago by restricting its trade, especially on rare earth minerals.
Hinting at some alternative source of funding, questions rise over how Pyongyang manages
to operate in the face of such trade deficit.
According to experts, the culprit could be the dollarization of Pyongyang's economy,
where foreign currencies such as the U.S. dollar and the Japanese yen are preferred
over its own banknotes.
"Actually North Korea's private marketplace has a lot of foreign currencies.
North Korean individuals also have some savings.
So the government is using this money to continue the imports.
But as soon as the cash dries out, imports will stop dramatically."
The expert also said that North Korea has been searching for profits in cyber- or crypto
market-hacking, but that activity, even when paired with other illegal acts, is not enough
to sustain the regime's economy.
As such, many experts are saying that North Korea's trade won't be blooming anytime soon
under the ongoing sanctions which were imposed following its sixth nuclear test last September.
Cha Sang-mi, Arirang News.
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