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| China-Japan-Koreas |
| NorK's new Egyptian money source |
| 2007-07-28 |
| From East Asia Intel, subscription. Intelligence sources have identified a new outlet used by North KoreaÂ’s communist government to obtain much-needed hard currency. Pyongyang recently sold a 50-percent stake in Sangwon Cement to Cairo-based Orascom Construction Industries for $115 million. Sangwon is owned by the state-run Pyongyang Myongdang Trading Corp. The deal will give North Korea a steady supply of hard currency as well as business cover for intelligence and other illicit overseas activities. And we all know how the Egyptian Government works hard to stop this nefarious activity. Orascom will employ North Korean workers at several locations in the Middle East. The company is a dominant construction and cement supplier with offices in Syria and Algeria. It is currently working in northern Iraq. North Korea has ties to Hizbullah and to SyriaÂ’s government |
| Posted by:Alaska Paul |
| #6 Eponymous Terror™ be gone! |
| Posted by: Frank G 2007-07-28 21:44 |
| #5 Dratted cookie monster! The above was me. |
| Posted by: Zenster 2007-07-28 21:30 |
| #4 And yet we still give these Egyptian traitors over ONE BILLION DOLLAR EACH YEAR. There needs to be some serious aid cuts to Muslim countries that continue thwarting American interests. |
| Posted by: The Comic Book Guy 2007-07-28 21:29 |
| #3 But think about the opportunity for those NORK workers. They might have a chance to eat something other than tree bark. Who knows? They might even convert to Islam. You'd think Kimmie would recognize the threat to Juche in all this. |
| Posted by: Abu Uluque6305 2007-07-28 13:30 |
| #2 Wasn't it Israel that intercepted missiles under a load of cement coming from Egypt for the Palestinians a couple of years ago? I certainly hope our intelligence services are following these shipments & business records out of Syria and Algeria. We can't trust, so we must verify. |
| Posted by: Danielle 2007-07-28 12:08 |
| #1 Oooh -- real kufr slaves! I hope the Egyptians remember to feed them occasionally. |
| Posted by: trailing wife 2007-07-28 11:47 |