Category: Miscellaneous

President blocks all assets of the N. Korean gov’t, ruling party … maybe.

A new executive order signed by President Obama and published at around 2:00 today is either a game-changer in his North Korea policy or a wet paper tiger. On its face, the Executive Order is tough, sweeping, and potentially lethal: Section 1. (a) All property and interests in property that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person of the following persons are blocked and may not be transferred,...