After Kim Jong Un's Defense Pact With Russia, Global Economy Could Lose $4 Trillion If War Erupts Between North And South Korea, Warn Experts

The global economy could suffer a staggering $4 trillion hit in the first year alone if war breaks out between North and South Korea, Bloomberg analysts warned. The chances of such a conflict, while slim, have increased following Russian President Vladimir Putin‘s recent visit to North Korea and the establishment of a new defense pact.