Search Results for “forfeit”

March 20, 2013

Follow the money. All of it.

Marcus Noland has published two fascinating charts on recent changes in North Korea’s palace economy. According to one, North Korea has begun posting a current account surplus by squeezing its poor, and by taking in foreign exchange from mysterious (but probably Chinese) sources. That would certainly explain some of its recent, more aggressive behavior — a well-funded North Korea is menacing; an underfunded North Korea is relatively, if temporarily, conciliatory. Judging by North Korea’s aggressive WMD development and investment in white elephants (gray...

Money Laundering/Sanctions

April 11, 2012

A New Approach to North Korea: Contain, Constrict & Collapse

Sometime in the next few hours, North Korea will launch a prototype for an intercontinental ballistic missile, in flagrant violation of three U.N. Security Council resolutions. The North Koreans announced the launch two weeks after agreeing to a deal to freeze their missile and nuclear programs in exchange for U.S. food aid. It now seems they will follow their missile test with a nuclear test. Traditionally, Chinese obstructionism delays U.N. Security Council action by about three weeks after a North...

Diplomacy/Missiles/Proliferation/Sanctions/Subversion/WMD

June 30, 2011

Who will defend South Korea? And why?

Even as President Lee’s government stokes fears of another North Korean attack, we’re seeing a steady stream of reporting that he may drop his demand that North Korea apologize for the attacks of 2010 before there would be any direct bilateral talks. So far, Lee has thrown cold water on those reports, all of them anonymous and all of them seemingly indicative of some internal debate in the ROK government. Here’s the latest such report. That this should be a...

ROK Military

June 9, 2011

Open Sources: Gates Disclaims Intent to Destabilize N. Korea

Did you really have to say that? According to a transcript released by the US defense department on Sunday, Gates, speaking at the annual Shangri-la Dialogue in Singapore Saturday. said that Washington has no interest in carrying out regime change against Pyeongyang. Rather, the defense secretary stated that the US is interestsed (sic) in helping that regime become a normal state abiding by the norms of the international community. This is disappointing because I actually admire Gates very much; I’d...

Anju Links

May 9, 2011

See, kids? I told you marijuana was bad for you!

There’s no audio, so you can’t hear him singing along to “Sugar Magnolia” and barking at his wives for more potato chips: At the risk of starting a global conspiracy theory here and now, this video looks like it could have been made at a homeless shelter in Oakland. OK, maybe none of the neighbors really did know they were living next to the world’s most wanted mass murderer, but anyone who got a look at this dude ought to...

Terrorism/Iraq

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,”...

Cheonan Incident/China & Korea/Counterfeiting/Money Laundering/Sanctions/U.S. Law/Washington Views

January 8, 2010

The Indictments Are Coming! The Indictments Are Coming!

Why do I blog? Because of stories like this: U.S. authorities plan to indict a New Zealand company allegedly involved in selling North Korean arms to Iran, sources linked to the investigation say. They are trying to track down shadowy figures using a labyrinth of thousands of Auckland companies registered to an office on Queen Street, Auckland’s main street. [Sydney Morning Herald] The significance of indicting the company is that the feds will probably tack on some criminal forfeiture counts,...

Axis of Evil/Iran/Missiles/Money Laundering/Proliferation/Sanctions/U.S. Law

July 20, 2009

Sanctions Upates

The big headline this week is the U.N.’s agreement on a list of entities to be sanctioned under UNSCR 1718 and 1874 (see links on my sidebar for the texts). Frankly, I think that’s a story that’s getting a great deal more attention than it merits. The sanctioned entities have largely been sanctioned under Executive Order 13,382 for years. I doubt that the U.N. imprimatur is going to fend off many of North Korea’s WMD clients that the Treasury Department’s...

"United" Nations/Axis of Evil/China/Missiles/Money Laundering/Proliferation/Sanctions/WMD

July 8, 2009

High-Level Defector Describes Regime’s Illicit Income

I’d previously mentioned that I recently had the opportunity to meet Kim Kwang Jin, a high-level North Korean defector with detailed knowledge of North Korea’s illicit financing and money laundering. Now, Kim adds much to our understanding of how North Korea pays for all those Mercedes-Benzes and missiles. Having guessed that most of the cash came from flipping houses and the inventing some of the novel kitchen applicances I’d seen Billy Mays selling on my TV, this was a cruel...

Deprogramming/Money Laundering/NK Military/North Korea/Refugees/Regime Change/Religion/Uncategorized

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...

Diplomacy/Money Laundering/Sanctions/U.S. Politics/Washington Views

December 18, 2008

Of Fools and Their Money

When North Korea first started ejecting South Koreans from Kaesong, I noted that the Kaesong project was already economically marginal and falling well short of its ambitious goals. I also predicted that the North Korean move would be fatal to the project’s efforts to coax cowardly capital into a potential war zone controlled by the world’s most opaque, least capital-friendly regime. That prediction has already come true. The leftist Hankyoreh is reporting that South Korean companies are fleeing for the...

NK Economics

March 17, 2008

Anju Links for 17 March 2008

CONDI RICE, COMMENTING ON THE FAILURE of the bilateral nuclear talks in Switzerland last week, confirms that “substantive differences remain” with North Korea, and that “she does not expect any immediate breakthrough.” Not even Chris Hill can deny it: Top U.S. nuclear negotiator Christopher Hill indicated Sunday that North Korea has, for now, responded unfavorably to U.S. proposals he presented to his North Korean counterpart to resolve a snag in the six-party process for denuclearizing the country. But the U.S....

Uncategorized

January 22, 2008

Plan B: How to Disarm Kim Jong Il Without Bombing Him

Insanity: doing the same thing over and over again and expecting different results. — Albert Einstein Plan A, gentle diplomacy, has again failed to disarm Kim Jong Il. Whenever this happens (every time it’s tried) advocates of doing the same thing over and over again fall back on The False Choice, whether expressly or by implication: it’s their way or war. They know better, of course, which technically makes this a lie. And usually, this lie stands uncorrected: “People lambaste...

Diplomacy/Money Laundering/NK Economics/Six-Party Talks

October 29, 2007

There Is Such a Thing as ‘Good’ Engagement

If you’re reading this, you’re bearing with me despite the light blogging of late. Thank you. I make a habit of not talking about my work here, but suffice to say that it carries significant responsibilities that sometimes leave no time and energy for other things. At times like these, when there is very little time left over, I owe that time to my family. Thank you again for your understanding, for continuing to stop by, and for your e-mails. ...

Deprogramming/Six-Party Talks

March 25, 2007

Anju Links for 3/25: N. Korea Threatens to Do Us a Favor, Money We Can’t Follow, the FTA Circus, and S. Korea’s Slavery-Loving Unions

* No.Please.Stop. North Korea is threatening to pull out of the dreadful (for us) February 13th Agreed Framework 2.0 over the RSOI / Foal Eagle exercises. “This may entail such serious consequences as escalating the tension between the DPRK (North Korea) and the US and scuttling the six-party talks for the settlement of the nuclear issue on the Korean Peninsula, arranged with so much effort.” [Channel News Asia] A KCNA statement wouldn’t be complete without a reference to...

An Alliance?/Human Trafficking/ROK Military/U.S. & Korea/U.S. Military/UCMJ & SOFA

March 21, 2007

‘Peace in Our Time!’ Updates

[Updated below] As I write, diplomats from five nations have decided to stick around at a resort somewhere near Beijing for a couple more days, probably for many exciting hours of CNN International, while North Korea decides whether it’s interested in talking about uranium. Contrary to reports I’d read yesterday, no one is flying home just yet, but no one expects anything to get done this week, either. The holdup — which U.S. negotiator Chris Hill and the New York...

Six-Party Talks/Washington Views/WMD

March 20, 2007

Anju Links for 3/20

* Renaissance man Kevin Kim, a/k/a The Big Hominid, has launched his new book, “Water from a Skull.” * Missed the train, but not the train wreck. “Notice me!,” cries Ban Ki Moon, just as the February 13th deal starts to strike immovable objects, one of which has an atomic mass of 238. * I’ve said it before and I’ll say it again: the Japanese are an odd people. * Don’t Forget to Ask for Receipts:...

"United" Nations/Appeasement/Blogs & Blogging/Diplomacy/Japan/Terrorism/Iraq/U.S. & Korea/WMD

March 13, 2007

Breaking the Bank in Macau

[Updates: You can read Treasury’s final rule here. Start on page 14 to read just what Banco Delta failed to do to Treasury’s satisfaction. The message for North Korea’s other bankers out there is clear: ask obvious questions. Among BDA’s practices, according to the rule, was to provide a discount for a “high-risk North Korean-related bulk currency depositor” they either knew, or should have known, was laundering money. BDA obfuscated about reforms, failed to change its corrupt management, and didn’t...

China/Counterfeiting/Democracy/Money Laundering

Search Results for: forfeit