Try the Daily Briefing
Try the Daily Briefing for your country of choice for two weeks--free of charge and with no obligation.
Have a service or subscription question? We'd be happy to hear from you.
Intelligence for Better Decision Making
Erudite Risk takes an all risks approach to intelligence reporting. We categorize key intelligence into one of 40 different risk intelligence categories.
The goal is to provide intelligence that allows decision makers to avoid being blindsided by what they may have missed, while informing them to make better decisions as well.
Erudite Risk also includes operations categories so you can monitor the environment for better decision making. Everything is tied together--what happens in risk affects operations and what happens in the market impacts risk profiles.
We categorize key intelligence into one of 30 different operations intelligence categories.
Different roles and functions within the organization can monitor different key issue areas. HR may monitor employment, wages, regulations, labor and management relations, etc., while P&L leaders may monitor overall developing trends.
North shows off new ICBM, hypersonic short-range missiles at late-night military parade
Joongang Ilbo | English | News | Oct. 14, 2025 | North Korea
North Korea held a late-night military parade on October 10, 2025, in Pyongyang’s Kim Il Sung Square to mark the 80th anniversary of the ruling Workers’ Party. The parade showcased Pyongyang’s latest military advancements, including the newly revealed Hwasong-20 intercontinental ballistic missile (ICBM) and hypersonic short-range missiles like the Hwasong-11Ma. The display emphasized North Korea’s capability to strike targets in both the United States and South Korea, signaling an increased strategic threat.
The Hwasong-20 ICBM, described as a powerful nuclear weapon system, was presented on an 11-axle mobile launcher. Analysts suggest North Korea might be developing multiple independently targetable reentry vehicles (MIRVs) for this missile to bypass U.S. defenses, although the system is likely still in development. The parade also featured strategic cruise missiles from the “Hwasal” series, capable of targeting U.S. assets in the region, and hypersonic glide vehicles designed for enhanced range and maneuverability, comparable in design to Russian and Chinese weapons.
In addition to strategic missile advancements, North Korea displayed modernized conventional weapons, including upgraded tanks, self-propelled howitzers, and a new multiple launch rocket system reminiscent of South Korean and U.S. artillery. A loitering munition drone similar to Israel’s Harop also debuted, reflecting Kim Jong-un’s directive to expand unmanned aerial systems. Analysts interpret the comprehensive weapons display as part of North Korea’s broader effort to project military confidence and strengthen its diplomatic bargaining position amid ongoing international isolation.
Notable foreign dignitaries, including China’s Premier Li Qiang and Russia’s Dmitry Medvedev, attended the parade, indicating continued support from key allies. Kim Jong-un did not directly name adversaries in his speech but emphasized containing threats since the party’s founding. Kim’s daughter, Kim Ju-ae, was absent from the event, having last appeared publicly in China one month prior.
70+ Population Surpasses 20s, Becomes Major Consumers and Taxpayers
Chosun Ilbo | English | News | Oct. 14, 2025 | UndeterminedDemographics
The population aged 70 and above in Korea has surpassed those in their 20s for the first time in history, reflecting accelerating low birth rates and aging. The 70+ demographic reached 6,543,000 in 2024, exceeding the 20s population of 6,302,000. Korea entered a super-aged society last year, with 20% of the population aged 65 or older.
Elderly individuals are becoming major consumers, with total consumption by those aged 65 and above hitting a record 243.8 trillion Korean won in 2023, a 12% increase from the previous year. This growth rate is twice that of the working-age population. Private consumption among the elderly rose 14.9%, driven by spending on leisure, culture, and dining out rather than medical expenses. Active seniors investing in quality-of-life improvements are shifting market dynamics.
Although most elderly are retired and have limited labor income, their consumption is supported by real estate and financial assets accumulated over their lifetimes. Private asset allocation among those 65 and older reached 4.93 trillion Korean won in 2023, the highest ever, with over 85% of household assets in real estate. Consequently, individuals aged 60 and above contribute disproportionately to comprehensive real estate tax, accounting for 57% of payments last year.
Experts note that the rise of the elderly as main consumers and taxpayers reshapes Korea’s economic landscape amid demographic shifts. With a shrinking population of young adults and scarce jobs, the asset-rich elderly are becoming the economic backbone, exacerbating intergenerational economic disparities.
트럼프 “푸틴에 ‘우크라 토마호크 지원’ 경고할수도”…러 “극단적 우려”
Trump says he may warn Putin about supporting Ukraine with Tomahawks… Russia expresses extreme concern
Maekyung | Local Language | News | Oct. 14, 2025 | Geopolitical Conflict and Disputes
U.S. President Donald Trump indicated that he may supply Ukraine with Tomahawk long-range cruise missiles, which have a range of 2,500 km and could potentially strike Moscow from Ukrainian territory. He made these remarks on October 12 while en route to Israel, stating that if the war in Ukraine does not get settled, he plans to send the "incredibly" and "very aggressive" Tomahawk missiles to Ukraine.
This is the first time President Trump has publicly suggested providing Tomahawks to Ukraine, following Ukrainian President Volodymyr Zelensky's earlier request for the missiles. Currently, the U.S. has supplied Ukraine with shorter-range ATACMS missiles (about 300 km), and European countries have provided Storm Shadow missiles with a range of 250 km. U.S. Vice President J.D. Vance confirmed the Trump administration is reviewing Ukraine’s request, with the final decision resting with President Trump.
Russian President Vladimir Putin has expressed serious concern about the potential delivery of Tomahawk missiles to Ukraine, warning on October 2 that such a move could cause a "completely new and qualitatively new level of deterioration" in Russia-U.S. relations.
Try the Daily Briefing for your country of choice for two weeks--free of charge and with no obligation.
Have a service or subscription question? We'd be happy to hear from you.
info@eruditerisk.com
The Daily Briefing is delivered Monday through Thursday via email.
Each day's reports include a combination of:
Takes
Takes are our deep dives into a topic of enduring interest or concern. Takes include copious references to all the media resources we gathered to build them.
Developments
Developments are key issues and incidents being heavily reported on in country. These are the centers of local thought gravity around which everything else revolves.
Risk Media
Summaries and analysis of the most important risk issues reported on in media, arranged by risk category. Learn about risk trends and issues while they are developing--before they blow up.
Ops Media
Summaries and analysis of the most important operational issues reported on in media, arranged by operations category. See what's changing in your market, and what's not.
Government Releases
Government press and data releases on key economic data, regulation, law, intiatives, incidents. Straight from the government's press to your eyes in less than a day.
Embassy and Business Association Releases
Statements and news releases from foreign embassies and business/industry associations, including chambers of commerce.
The Daily Briefing can run 50-100 pages each day!
Luckily, Erudite Risk tailors every report specifically to you.
Content Filtering
We try hard to ensure that every piece of information included in each day's reports will be of interest to our readers.
To fulfill our goal of comprehensively monitoring the intelligence landscape and also keeping reports readable, we build big reports--then deliver only the information that applies to you.
Each Daily Briefing is a bespoke report matched to your concerns. Tell us what you want in it, or we can match it to your professional needs. It's that easy.