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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (713709)5/7/2013 12:46:35 PM
From: bentway  Read Replies (1) | Respond to of 1577122
 
China to Major N. Korean Bank: Account Closed

US SAYS FOREIGN TRADE BANK OF NK HELPED FUND COUNTRY'S NUKE PROGRAM

By Matt Cantor, Newser Staff
newser.com
Posted May 7, 2013 10:25 AM CDT

(NEWSER) – North Korea may be feeling a little more squeezed today, at the hands of China: The Bank of China has closed the account of a top North Korean bank, this after the US had in March effectively blocked the Foreign Trade Bank of North Korea's access to the US financial system. The US maintains that the bank has helped fund Pyongyang weapons programs, and Washington had warned other nations that the bank poses a threat. The Wall Street Journal observes that since the Bank of China is government-owned, the move was likely OKed by top officials.



To: RMF who wrote (713709)5/7/2013 6:08:56 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1577122
 
RMF, I agree with most of what you're saying, but all of those conditions have been true for years. Even China has been losing patience with North Korea for quite a while.

In any case, I don't see any reason to doubt that article from the North Korean defector. It seems to fit what we already know about the regime, but it does challenge some of the assumptions the rest of the world has about the success of North Korean brainwashing.

Tenchusatsu