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| China-Japan-Koreas |
| U.S. takes aim at North Korea |
| 2015-01-14 |
| The United States aims to use new sanctions imposed on North Korea over the cyber attack on Sony Pictures to cut off the country's remaining links to the international financial system, a senior U.S. Treasury official said on Tuesday. Daniel Glaser, assistant secretary for terrorist financing at the U.S. Treasury Department, said past sanctions had already discouraged "hundreds" of overseas banks, including China's major commercial banks, from doing business with North Korea. New sanctions announced by President Barack Obama on Jan 2. provided "a tremendous amount of flexibility" and the goal was to identity remaining financial institutions that allowed North Korea access to the global system, which could face sanction themselves, Glaser told a House of Representatives briefing. |
| Posted by:Fred |
| #1 Daniel Glaser, assistant secretary for terrorist financing at the U.S. Treasury Department, said past sanctions had already discouraged "hundreds" of overseas banks, including China's major commercial banks, from doing business with North Korea. That'll work - all set now! |
| Posted by: Raj 2015-01-14 00:37 |