Friday, August 14, 2009

Today's Fly Or Die Commerce Report

The United States has decided to freeze the assets of KKBC (Korea Kwangson Banking Corporation), a North Korean bank that has been accused of giving financial assistance to companies that are allegedly involved in missile programs.

The United States' blocking order on KKBC means that Americans are banned from doing business with the financial firm. Also the bank will not have access to any of their financial assets that are found in America.

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