RealNews

U.S. bankers propose solution to NKorea impasse

U.S. investment bankers in Hong Kong have proposed a private sector solution to an impasse over $25 million in tainted funds that is delaying a shutdown of North Korea’s nuclear complex, a participant in the talks said on Thursday. John Park told Reuters that repeated attempts to resolve the complex issue by having the North Korean money transferred from Macau’s Banco Delta Asia to a bank in Russia, Italy, South Korea, China or elsewhere have proven unworkable so new ideas are required. Full Story

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