The Other Nuclear Option
Much info on the economic front of late, including some initial, sketchy evidence to back U.S. claims that the sanctions are biting. The Chosun Ilbo continues to tremble over what the U.S. Treasury Department’s next move could be. Have a look at Section 311 (115 Stat. 298) of the USA PATRIOT Act, and if you can bear it, keep reading. It empowers Treasury to declare all of North Korea a jurisdiction of special money laundering concern — as we’ve apparently...