14 June 2007

North Korean Money Released

This problem was not created by the DPRK. It was created by the Bush administration, which DAYS after having a preliminary agreement, froze North Korean assets.

My guess is that some of Dick Cheney's protégés made the call to freeze these assets.

They have been sabotaging negotiations for years.

Hopes rise for end to North Korea impasse

TOKYO - The transfer of blacklisted North Korean assets from a Macau bank was set to begin Thursday, a report said, raising hopes of resolving the drawn-out dispute which has held up a nuclear disarmament deal.

Japan’s Kyodo News agency, quoting unnamed authorities in the Chinese territory, said procedures to transfer the funds out of the Banco Delta Asia were scheduled to begin Thursday.

The communist North, which sparked international outrage when it tested an atom bomb for the first time last year, agreed in February to shut down its nuclear reactor in return for badly needed fuel aid and diplomatic benefits.

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