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China-Japan-Koreas |
N. Koreans recoil over Kim's bid to limit wealth |
2009-12-28 |
North Korean leader Kim Jong Il moved early this month to wipe out much of the wealth earned in the past decade in his country's private markets. As part of a surprise currency revaluation, the government sharply restricted the amount of old bills that could be traded for new and made it illegal for citizens to have more than $40 worth of local currency. It was an unexplained decision -- the kind of command that for more than six decades has been obeyed without question in North Korea. But this time, in a highly unusual challenge to Kim's near-absolute authority, the markets and the people who depend on them pushed back. Grass-roots anger and a reported riot in an eastern coastal city pressured the government to amend its confiscatory policy. Exchange limits have been eased, allowing individuals to possess more cash. |
Posted by:Fred |
#5 ION CORYE INDIAN EXPRESS > [Dr. Qadeer Khan]NORTH KOREA BUILT PLANT TO MAKE GAS FOR URANIUM ENRICHMENT [incl. for plutonium bombs], wid help from PAK. ARTIC > indics NORTH KOREA does desire and has escalated indigenous efforts to become a NUCLEAR WEAPONS STATE. Again, SHADE OF IRAN come Year 2012 [NucEnergy + NUcWeaps], later RADICAL ISLAM 2012/13-2020 or 2025??? Gut the OIL = Gut the $$$ = Gut the Perts = Gut the MIL/NUCTECHS..... * ION WMF > RUSSIA WORRIED OVER CHINA'S DEPLOYMENT OF NEW DF-31A STRATEGIC MISSLES WHILE THEIR OWN ARSENAL FACES AN UNCERTAIN PERIOD OF RETIREMENT AND REPLACEMENT. Nutshell > VARI MIL FORUMS threads > CHIN'S MILITARY IS GETTING STRONGER WHILE RUSSIA'S IS GETTING WEAKER??? |
Posted by: JosephMendiola 2009-12-28 19:54 |
#4 moved early this month to wipe out much of the wealth earned in the past decade in his country's private markets Hmmm, why does this sound so disturbingly familiar? |
Posted by: DMFD 2009-12-28 13:50 |
#3 Norks got wealth? Who knew? I assure you the Nomenklatura live better than you do. |
Posted by: g(r)omgoru 2009-12-28 08:22 |
#2 moved early this month to wipe out much of the wealth earned Norks got wealth? Who knew? |
Posted by: Glenmore 2009-12-28 08:11 |
#1 ION WMF > SOUTH KOREAN "KBS" MEDIA: NORTH KOREA DESIRES TO BECOME A DE FACTO NUCLEAR WEAPONS STATE, PLANS THREE FUTURE NUCLEAR TESTS. * NUCWEAPS STATE > shade of ISLAMIST IRAN come Year 2012, as Iran is technically already is a nuclear state wid its centrifuges + low-yield uranium materials??? |
Posted by: JosephMendiola 2009-12-28 02:19 |