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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  

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