Economics - North Korea - A time of uncertainty

This episode Counting the Cost take a look at North Korea. After the death of the countrys dear leader his 28-year-old son has succeeded him, but will anything change for the economically isolated country?As the European Union moves towards a ban on Iranian oil imports to increase pressure on the countrys controversial nuclear programme, we ask how sanctions might impact Iran and its people, global oil prices, and the countrys economic ties.Although not a member of the eurozone, Hungary is about to start talks with the International Monetary Fund (IMF) and the EU over a new loan. What challenges are the EU and Hungary facing?Joining us to discuss these issues are Ian Bremmer, the president of political risk consultancy the Eurasia Group, and David Gordon, the Eurasia Groups head of research.