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Diplomats: North Korea seeks hike in embassy rent(Staying in Pyongyang just got expensive)
AP ^
| 03/12/10
| KWANG-TAE KIM
Posted on 03/14/2010 7:25:07 PM PDT by TigerLikesRooster
Diplomats: North Korea seeks hike in embassy rent
By KWANG-TAE KIM, Associated Press Writer
Fri Mar 12, 4:02 am ET
SEOUL, South Korea – North Korea has demanded a hike in rental fees for embassies and international organizations in Pyongyang, diplomats said Friday, in what could be a move to raise foreign currency amid tightened international sanctions.
The United Nations slapped new restrictions on North Korea following its second nuclear test last year. They ban the country from exporting arms and call on international financial institutions to halt grants, aid or loans except for humanitarian, development and denuclearization programs.
North Korea informed embassies and international organizations last year that it would raise rental fees for their offices and living accommodation by 20 percent beginning in January, a diplomat, who has knowledge of the matter, told The Associated Press.
The rent increases were being opposed by the missions.
(Excerpt) Read more at news.yahoo.com ...
TOPICS: Foreign Affairs; Government; News/Current Events
KEYWORDS: economy; embassy; nkorea; rent
The way things are going, foreign diplomatic missions could be leaving a flat-out bankrupt country due to exorbitantly high rent. What an irony.
To: TigerLikesRooster; AmericanInTokyo; Steel Wolf; nuconvert; MizSterious; nw_arizona_granny; ...
2
posted on
03/14/2010 7:25:37 PM PDT
by
TigerLikesRooster
(LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
To: TigerLikesRooster
NK $ printing press ran out of ink.
They cannot afford it.
3
posted on
03/14/2010 7:27:16 PM PDT
by
Jet Jaguar
(*)
To: Jet Jaguar
The way things are now, you could be right.:-)
4
posted on
03/14/2010 7:29:49 PM PDT
by
TigerLikesRooster
(LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
To: TigerLikesRooster
What do you want to bet that they are gouging the western countries that probably voted for the sanctions and have diplomatic relations with DPRK. “You vote to sanction us, we increase your rent, you western imperialist pig!”
5
posted on
03/14/2010 7:30:18 PM PDT
by
Tamar1973
(Freedom of the Press?! I need Freedom FROM THE PRESS!)
To: TigerLikesRooster; Jet Jaguar; monkapotamus; AmericanInTokyo; All
6
posted on
03/14/2010 7:30:23 PM PDT
by
SevenofNine
("We are Freepers, all your media belong to us, resistence is futile")
To: TigerLikesRooster
Your reports are invaluable. We appreciate them.
7
posted on
03/14/2010 7:31:38 PM PDT
by
Bahbah
(Only dead fish go with the flow)
To: SevenofNine
8
posted on
03/14/2010 7:41:36 PM PDT
by
Jet Jaguar
(*)
To: Jet Jaguar
Yeah Pyorngoang is start become Socialist Vegas
9
posted on
03/14/2010 7:43:38 PM PDT
by
SevenofNine
("We are Freepers, all your media belong to us, resistence is futile")
To: SevenofNine
Living in the glow of Kimmie just got more expensive. He’s more ronery than ever.
10
posted on
03/14/2010 8:33:16 PM PDT
by
BigEdLB
(Now there ARE 1,000,000 regrets - but it may be too late.)
To: BigEdLB
You got that right everything is going up
Including his booze LOL!
11
posted on
03/15/2010 10:10:20 AM PDT
by
SevenofNine
("We are Freepers, all your media belong to us, resistence is futile")
To: TigerLikesRooster
12
posted on
03/17/2010 2:51:03 PM PDT
by
nw_arizona_granny
( garden/survival/cooking/storage- http://www.freerepublic.com/focus/chat/2299939/posts?page=5555)
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