You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
China-Japan-Koreas
North Korea fires short-range missile
2007-06-20
North Korea has fired a short-range missile towards the Sea of Japan, public broadcaster NHK said on Tuesday. Quoting a Japanese government source, NHK said one missile was fired earlier in the day, adding that it was not a ballistic missile.

Meanwhile North Korean funds at the heart of a dispute that held up a nuclear disarmament deal were deposited on Tuesday in a Pyongyang bank account in Russia, US envoy Christopher Hill said here. “To my understanding, today it was deposited in North Korean accounts in their bank accounts in Russia,” Hill told reporters on arrival in Tokyo.

Hill, who has also visited South Korea and China on a regional tour, also sounded upbeat on the resumption of six-nation disarmament talks. “I am hopeful that we can get to six-party talks of some kind in early July,” Hill said.

The 20 to 25 million dollars in funds had been frozen at a bank in Macau in 2005 on US suspicions of money-laundering and counterfeiting. North Korea had refused to comply with a February six-nation deal to shut down its nuclear reactor until it received the money. After weeks spent grappling with technical and legal issues, the cash transfer began last Thursday.

Few banks had wanted to deal with the North Korean funds for fear of sullying their own reputations. In a complex deal, the funds were shifted through the Federal Reserve Bank of New York to the Russian central bank, where the money arrived Monday en route to North Korean accounts.
Posted by:Fred

#4  I say we send Mr. WhiteShoes after him.
Posted by: Shipman   2007-06-20 18:33  

#3  





Imperious Leader Kim say : This will teach Rice Patty Collective people not to demand bigger ration.
Posted by: BigEd   2007-06-20 16:33  

#2  The 20 to 25 million dollars in funds had been frozen at a bank in Macau in 2005 on US suspicions of money-laundering and counterfeiting.

Idiots in government. They just laundered dirty money for the North Korean dictator and gave him crisp $100 bills. Wonder if the DEA and IRS will give me the same deal?
Posted by: ed   2007-06-20 09:59  

#1  Fools, now they've got the cash, and you've got nothing.
Posted by: Redneck Jim   2007-06-20 06:15  

00:00