Search Results for: Treasury Justice

May 31, 2010

Robert Einhorn to Lead North Korea Sanctions Implementation Effort

The Joongang Ilbo is reporting that Clinton Administration alumnus and counter-proliferation expert Robert Einhorn is going to be put in charge of “streamlining the process by which it implements” international sanctions against North Korea, sanctions that are likely to be enhanced after an international investigation found that North Korea torpedoed and sank the South Korean warship Cheonan. “The U.S. administration was seeking more efficient management of implementation of sanctions, which had been divided between the State and the Treasury departments,”...

Categories Cheonan Incident/China & Korea/Counterfeiting/Money Laundering/Sanctions/U.S. Law/Washington Views
June 29, 2009

Obama Forms Team Plan B

The Washington Post is reporting that President Obama is forming an inter-agency team, much like the Illicit Activities Initiative that David Asher headed in G.W. Bush’s first term, to coordinate sanctions against North Korea: The White House is forming an interagency team to coordinate sanctions efforts against North Korea with other nations, senior administration officials said yesterday.  The team will be led by Philip S. Goldberg, a former ambassador to Bolivia who is slated to leave for China in the...

Categories Diplomacy/Money Laundering/Sanctions/U.S. Politics/Washington Views
June 28, 2009

A North Korean Connection to Those Counterfeit Bonds?

It’s very short on specifics, but it’s the first published report affirmatively linking those fake bonds to North Korea: An Italian newspaper reports a recent mysterious case involving US$134.5 billion worth of counterfeit bonds has a North Korea connection. Earlier this month two Japanese nationals were caught in Italy allegedly trying to smuggle the bonds into Switzerland. Il Messaggero says the fake bonds may have been manufactured in North Korea since the two men are North Korean agents and are...

Categories Counterfeiting/Money Laundering/NK Crime/Sanctions
October 10, 2008

Rumor: Bush will de-list N. Korea as a terror sponsor today.

I heard the rumor yesterday afternoon, but now I see the AP is reporting it.  According to the Financial Times, the only thing holding up the announcement is notifying / strong-arming the Japanese, and perhaps the South Koreans.  You can see Condi and her mouthpiece not answer questions about this below the fold, if you’re interested. There’s nothing quite like giving right in to extortion.  Somewhere on the troposphere of Kim Jong Il’s clot-riddled, misshapen, hideously coiffed cranium, a drooly...

Categories Appeasement/Diplomacy/Six-Party Talks
February 2, 2007

Jay Kim’s Irreconcilible Differences

With some Americans disturbing calm waters with the suggestion of an “alliance at risk,” Korea thinks it has found a man — a “former Korean congressman” — who can quietly bridge our widening differences: A former Korean-American congressman launched on Thursday a forum led by first-generation figures like himself to help advance Korea-U.S. relations. Chang-jun “Jay” Kim said the Washington Korea-U.S. Forum will start with 16 participants who are professionally active in political, economic, judicial and academic fields and have...

Categories America/An Alliance?/U.S. & Korea/Washington Views
October 21, 2006

Dance, Little Piggy! (Kim Jong Il Unplugged, Part 14)

Most observers had speculated, since at least 1994 or so, that North Korea has the capacity to create a crude nuclear weapon. That appears to be exactly what they demonstrated recently, meaning that the only real news was our need to recalibrate Kim Jong Il’s brass-to-brains ratio. I didn’t guess whether he’d actually go through with it, but I did believe that he’d try to time it just before the U.S. election if he did. I also guessed that if...

Categories An Alliance?/Anti-Americanism/Appeasement/China & Korea/Diplomacy/U.S. & Korea
July 4, 2006

Now What?

North Korea’s missile test opens up new options for the United States. Here is a list of them. [Scroll down for updates.] It too easy to say, as many will in the coming days, that there is little that the United States and other nations can do to North Korea diplomatically or economically now that it has done the unthinkably stupid and launched its (taepo)dong and (count ’em!) five smaller missiles [Update: make that six]. Let me express my respectful...

Categories Counterfeiting/Diplomacy/Drugs & N Korea/Geopolitics/NK Economics/U.S. Law/WMD
February 16, 2006

Banco Delta Sanctions ‘Severe Blow’ to NK Economy

The Chosun Ilbo, relaying an AWSJ story, reports that the Treasury Department’s action against the Macau-based bank “dealt a severe blow to the secretive country,” “dried up its financial system,” and “brought foreign trade virtually to an end.” In December, I noted reports that North Korean front companies and spies were fleeing Macau en masse. According to today’s story, Banco Delta has now announced that it’s ending its financial ties with North Korea in an effort to prevent a run...

Categories Appeasement/Asia/China/China & Korea/Counterfeiting/Diplomacy/NK Economics/U.S. Law/Uncategorized
October 11, 2005

Supernotes Update: Feds Break N. Korean-IRA Plot to Take Down US Economy

Updated 10/12; scroll down. Never accuse the North of not fighting above its weight or thinking big. In the process, it has cemented the most recent credible evidence of its cooperation with international terrorists, which might prove troublesome for that pesky terrorism list. Via the Times of London (also reported in Yonhap): ONE of Ireland’s most famous revolutionaries could face 20 years in an American jail for his alleged role in a communist plot to wreck the dollar. Sean Garland,...

Categories Uncategorized