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Keyword: pyongyang

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  • South Korea bypassing North Korea sanctions

    01/21/2019 3:15:54 PM PST · by CondoleezzaProtege · 10 replies
    Korea Herald ^ | Jan 13, 2019
    President Moon Jae-in’s government is seeking ways to circumvent international sanctions against North Korea to reopen an inter-Korean industrial park. The Kaesong industrial complex north of the Demilitarized Zone separating the two Koreas was shut down in February 2016 after Pyongyang conducted its fourth nuclear test. The ensuing moves by Seoul officials suggest the Moon administration is seeking to resume the inter-Korean projects, particularly the joint industrial park, as a catalyst for the North’s denuclearization rather than a step to be taken after a significant progress is made. But it would prove practically impossible to bypass sanctions imposed by a...
  • Russia will buy Bitcoin to avoid US sanctions, economist claims

    01/14/2019 1:23:42 PM PST · by SeekAndFind · 43 replies
    Asia Times ^ | 01/14/2019 | Luke Thompson
    A high-profile Moscow economist has reportedly said the Russian government is looking to invest in Bitcoin next month. Australian crypto news website micky.com claims to have spoken with Vladislav Ginko, a lecturer at the Russian Presidential Academy of National Economy and Public Administration in Moscow. “US sanctions may be mitigated only through Bitcoin use,” the site quoted Ginko as saying. “I believe that the Russia [government] will start diversifying its reserves with Bitcoin in February this year when US Congress will introduce… new sanctions against Russia,” he reportedly said. Ginko estimated that the first wave of Russian investment in crypto...
  • Singapore, Vietnam shortlisted for second Trump-Kim summit: Report

    01/10/2019 8:28:13 PM PST · by 2ndDivisionVet · 5 replies
    Channel News Asia ^ | January 11, 2019
    Shortlisted venues for a second summit between United States President Donald Trump and North Korean leader Kim Jong Un are likely to include Singapore and Vietnam, South Korean media reported on Friday (Jan 11). “(The venues you should pay attention to) are those mentioned by media including Vietnam, Singapore and Hawaii,” a South Korean foreign affairs ministry official told the Korean Herald, speaking on condition of anonymity. “But Hawaii is said to be an unrealistic location as it doesn’t have a North Korean embassy there,” the report quoted another official as saying. Although the South Korean government hoped the truce...
  • South Korea Raised Taxes in Bid for Growth. So Far, It’s Not Working.

    01/10/2019 4:27:17 PM PST · by Theoria · 21 replies
    The New York Times ^ | 09 Jan 2019 | Michael Schuman
    In contrast to President Trump, President Moon Jae-in of South Korea has embraced a pro-labor program of higher wages and taxes. The early results have been discouraging. As President Trump leads a drive to slash taxes and pare back regulation, one major economy is taking a different approach. Under President Moon Jae-in, South Korea has raised taxes and the minimum wage in the name of economic growth. So far, it hasn’t worked out as planned. Growth has slowed, unemployment has risen and small-business owners like Moon Seung are complaining. Mr. Moon, founder of an auto parts maker called Dasung in...
  • Exclusive: New documents link Huawei to suspected front companies in Iran, Syria

    01/08/2019 12:28:26 PM PST · by SeekAndFind · 5 replies
    Reuters ^ | 01/08/2019 | Steve Stecklow, Babak Dehghanpisheh, James Pomfret
    The U.S. case against the chief financial officer of China’s Huawei Technologies, who was arrested in Canada last month, centers on the company’s suspected ties to two obscure companies. One is a telecom equipment seller that operated in Tehran; the other is that firm’s owner, a holding company registered in Mauritius. U.S. authorities allege CFO Meng Wanzhou deceived international banks into clearing transactions with Iran by claiming the two companies were independent of Huawei, when in fact Huawei controlled them. Huawei has maintained the two are independent: equipment seller Skycom Tech Co Ltd and shell company Canicula Holdings Ltd. But...
  • Famine to feast: North Korean defectors awestruck by food choices in South

    01/06/2019 8:46:02 PM PST · by 2ndDivisionVet · 62 replies
    The Manchester Guardian ^ | December 24, 2018 | Benjamin Haas in Seoul
    Lee Oui-ryuk was on the verge of dying of starvation when he stole a block of tofu in a market in North Korea at the height of a nationwide famine. Too weak to run away after he swiped the food, Lee continued eating as the seller cried and beat him with a metal rod, staining the white tofu red with his blood. At nine years old he knew the theft would end in violence, but in his head he repeated over and over: “Even if you are beaten, keep eating.” He eventually passed out and when he awoke, took a...
  • Kim ready to talk more with Trump but warns U.S. not to test North's patience with sanctions

    01/01/2019 12:16:46 PM PST · by 2ndDivisionVet · 20 replies
    Japan Today ^ | January 1, 2019 | Kim Tong-Hyung, The Associated Press
    SEOUL, South Korea——North Korean leader Kim Jong Un said Tuesday he hopes to extend his high-stakes nuclear summitry with President Donald Trump into 2019, but also warns Washington not to test North Koreans' patience with sanctions and pressure. During his televised New Year's speech, Kim said he's ready to meet with Trump at any time to produce an outcome "welcomed by the international community." However, he said the North will be forced to take a different path if the United States "continues to break its promises and misjudges the patience of our people by unilaterally demanding certain things and pushes...
  • Column: Trump's top 10 successes of 2018

    01/01/2019 12:53:58 PM PST · by 2ndDivisionVet · 8 replies
    The Morning Sun ^ | January 1, 2019 | Marc A. Thiessen, The Washington Post
    In his second year in office, the list of extraordinary things President Trump has done, for good and ill, continued to grow. Today, I offer my annual list of the 10 best things Trump has done in office. (In my next column, I will give you my list of the 10 worst.) 10. He has secured the release of 19 people, including 16 Americans, from foreign captivity. When Pastor Andrew Brunson was freed by Turkey, he became the 19th captive released thanks to Trump. Others include: four held by North Korea; an aid worker and her husband held by Egypt;...
  • Huawei’s Retaliation: Massive Apple Boycott Sweeps China Amid U.S. Disputes

    12/27/2018 11:33:15 AM PST · by Zhang Fei · 20 replies
    iDropNews ^ | 12/27/2018 | Troy Thompson
    Tech-industry juggernauts Apple, Samsung and Huawei each have their own unique and strategic (yet often hilarious) way of taunting one another’s flagship devices. But amid recent events like the uncertain state of U.S. China Trade relations and arrest of the firm’s Chief Financial Officer, Meng Wanzhou, the riff between China’s Huawei Technologies Co. and U.S.-based Apple, Inc. has escalated far beyond their typical friendly-fire. Some 20+ Chinese firms have already urged their employees to boycott Apple products and, in retaliation, encourage them to buy from Huawei instead. Most firms partaking of these anti-Apple boycotts are reportedly offering their employees up...
  • China Detains a 2nd Canadian, Escalating Diplomatic Feud

    12/12/2018 10:57:52 PM PST · by Theoria · 12 replies
    The New York Times ^ | 12 Dec 2018 | Steven Lee Myers and Dan Bilefsky
    China appeared to intensify its punitive campaign against Canada over the arrest of a top Chinese technology executive as a second Canadian working here was detained by security officials and dropped out of contact with his government. The second case involves Michael Spavor, a writer and entrepreneur who operates a cultural organization that promotes trips into North Korea. A newspaper linked to the provincial government in Liaoning, along the border with North Korea, reported that he had been detained by security officials there on charges of “engaging in activities jeopardizing China’s national security.” Mr. Spavor gained prominence for helping arrange...
  • France warns North Korea could nuke US, Europe 'within months'

    09/01/2017 4:11:18 PM PDT · by Olog-hai · 46 replies
    TheLocal.fr ^ | 1 September 2017 12:35 CEST+02:00 | AFP
    France’s foreign minister warned Friday that North Korea could have the capacity to deliver a nuclear strike on the United States and even Europe “within months”. Jean-Yves Le Drian called the situation following a string of missile tests by Pyongyang “extremely serious” and urged the reclusive state to turn to dialogue to ease spiralling tensions. “We see a North Korea whose objective is to have missiles capable of transporting a nuclear weapon tomorrow,” Le Drian told RTL radio. “In a few months, that will be a reality. At that moment, when it has the capability to hit the US, even...
  • Huawei finance boss Meng Wanzhou charged by US 'had seven passports'

    12/09/2018 1:18:48 PM PST · by ifinnegan · 34 replies
    Sky News ^ | 12-8-18 | na
    US prosecutors have charged Huawei's chief financial officer with fraud, saying she had used at least seven passports in 11 years. - ...she was charged with conspiracy to defraud multiple financial institutions between 2009 and 2014. It is alleged she used Hong Kong company Skycom to access the Iranian market in deals that violated US sanctions. She allegedly assured US banks that Huawei and Skycom were different companies but prosecutors say they were one and the same. - Mr Gibb-Carsley said she had been aware of the US investigation and had avoided entering the country since March 2017, despite the...
  • Newt Gingrich: Trump has accomplished more than Clinton, Bush, and Obama combined - this is just...

    06/12/2018 3:59:54 PM PDT · by jazusamo · 46 replies
    Fox News ^ | June 12, 2018 | Newt Gingrich
    Full title: Newt Gingrich: Trump has accomplished more than Clinton, Bush, and Obama combined - this is just the beginningWith his historic summit Tuesday with North Korean leader Kim Jong Un, President Trump has once again done something astounding and unpredictable. Yet, the surprise over the sudden summit should not have come as a surprise at all. By now we should be used to President Trump surprising us. Consider his record over the last four years. Four years ago, in June 2014, almost no one would have dreamed Donald J. Trump would be a serious candidate for president. Then, nearly...
  • Trump has accomplished more than Clinton, Bush, and Obama combined - this is just the beginning

    06/13/2018 10:02:34 AM PDT · by Hojczyk · 38 replies
    Fox News ^ | June 13,2018 | Newt Gingrich
    In fact, my own conversion to Trump as a very real contender only occurred after his July 11, 2015 rally in Phoenix, which led my former colleague, Vince Haley, to come in the office and say: “You had better watch what Trump is doing because his Phoenix rally was emotionally powerful when he turned the microphone over to the father whose child had been killed by an illegal immigrant.” Still, all the elites fervently believed Trump had lost the debate. The gap between the American people and the elites had never been clearer. Two years ago, in June 2016, all...
  • Democrats going nuclear to rein in Trump's arms buildup

    11/24/2018 3:44:42 PM PST · by 2ndDivisionVet · 26 replies
    The Politico ^ | November 24, 2018 | Bryan Bender
    Control of the House will give them 'the power of no — the ability to block programs, cut funding, withhold agreement.' Democrats preparing to take over the House are aiming to roll back what they see as President Donald Trump's overly aggressive nuclear strategy. Their goals include eliminating money for Trump’s planned expansion of the U.S. atomic arsenal, including a new long-range ballistic missile and development of a smaller, battlefield nuclear bomb that critics say is more likely than a traditional nuke to be used in combat. They also want to stymie the administration's efforts to unravel arms control pacts...
  • Russia Admits That It Can’t Retrofit Aircraft Carrier After Accident

    11/09/2018 8:44:28 AM PST · by Krosan · 51 replies
    The Diplomat ^ | November 09, 2018 | Franz-Stefan Gady
    Following the sinking of one of the world’s largest dry docks on October 29 in a shipyard in the far northwest part of Russia, officials have finally admitted that they are unable to continue work on Russia’s sole aircraft carrier, the Admiral Kuznetsov, for the time being. While Russia’s shipbuilding industry is reportedly looking into alternatives, no timely and viable solution to continue retrofitting work on the Russian Navy’s flagship has emerged to date. “We have alternatives actually for all the ships except for [the aircraft carrier] Admiral Kuznetsov. Our enterprises are in operation, [including] the Nerpa [Ship Repair Factory],”...
  • Trump’s long list of global trade deals, agreements exited or renegotiated

    11/21/2018 6:10:11 AM PST · by bgill · 2 replies
    kxan ^ | Nov. 21, 2018 | Hasan Duda
    President Donald Trump campaigned on deals. Making deals — like an Israel-Palestine peace accord. And breaking deals — like the Trans-Pacific Partnership and the Iran Deal, both of which he labeled disasters. Since entering the Oval Office in 2016, Trump — a self-professed negotiator —has delivered on many of his promises to abandon international pacts that previous administrations had authorized. As the United States plans for an early exit from a key, Cold War-era nuclear agreement with Russia, here is a look at some of the landmark international deals, partnerships, and organizations the Trump White House has spurned. The Trans-Pacific...
  • North Korea possibly hiding missile operating bases despite denuclearization pledge, think tank says

    11/12/2018 8:38:40 AM PST · by ETL · 9 replies
    FoxNews.com ^ | Nov 12, 2018 | Katherine Lam | Fox News
    North Korea is conning the United States, building up secret, smaller missile bases even after publicly touting the dismantling of its main launch site, according to a new review of satellite images by a top think tank. Citing new satellite pictures, the Center for Strategic and International Studies’ Beyond Parallel program identified what appears to be missile operating bases that have never been acknowledged by North Korean officials. CSIS' conclusions were not immediately independently confirmed. The report identified about 15 to 20 bases being operated by the Korean People’s Army's Strategic Force, based on information from officials in the government, defense...
  • Trump: Rapid U.S. Turnaround Is ‘All Fragile’; They Must Get Out the Vote to ‘Ensure Victory’

    11/05/2018 2:14:29 PM PST · by E. Pluribus Unum · 7 replies
    Breitbart ^ | 5 Nov 2018 | Michelle Moons
    President Donald Trump urged supporters Monday morning that while there has been a historic turnaround for the United States under his administration, “it’s all fragile,” and they must get people out to vote. Trump supporters from around the country joined the president and top Trump team figures on a “Lead One Vote to Victory Telephone Town Hall” conference call Monday. The president pointed to what he called perhaps the finest economy America has ever seen, posting massive October jobs numbers despite multiple bad hurricanes. “They’re only going to get better,” he said of the economic numbers. “We have a tremendous...
  • Vote against all Republicans. Every single one.

    10/31/2018 5:42:34 PM PDT · by Sub-Driver · 121 replies
    Vote against all Republicans. Every single one. By Max Boot Columnist October 31 at 3:31 PM “I am sick and tired of this administration. I’m sick and tired of what’s going on. I’m sick and tired of being sick and tired, and I hope you are, too.” — Joe Biden I’m sick and tired, too. I’m sick and tired of a president who pretends that a caravan of impoverished refugees is an “invasion” by “unknown Middle Easterners” and “bad thugs” — and whose followers on Fox News pretend the refugees are bringing leprosy and smallpox to the United States. (Smallpox...