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U.N. Agency Defers N. Korea Programs

Thu, 25 Jan 2007 21:29:00 +0000 | Newsvine

The U.N. Development Program agreed Thursday not to approve new projects in North Korea until an external audit addresses U.S. allegations that the agency has funneled millions of dollars to the communist regime in violation of United Nations rules.


U.N. to Audit All Operations in N.Korea

Sat, 27 Jan 2007 05:18:00 +0000 | Newsvine

The United Nations said Friday it would audit all its operations in North Korea, where the U.S. has alleged that money from at least one U.N. program could be ending up illegally in the hands of the communist regime.


China announces Feb. 8 date for next round of North Korea talks

Tue, 30 Jan 2007 02:43:00 -0500 | canoe CNEWS

BEIJING (AP) - International disarmament talks on North Korea's nuclear programs will resume Feb. 8., China's Foreign Ministry said Tuesday.


US nuclear envoy says progress possible in North Korea nuclear talks

Sat, 3 Feb 2007 06:17:00 -0500 | canoe CNEWS

SEOUL, South Korea (AP) - The main U.S. negotiator on North Korea said Saturday he believes the next round of international arms talks with the communist state could produce real progress.


Talks on N. Korea's nuclear program begin

Thu, 8 Feb 2007 16:50:00 -0500 | canoe CNEWS

BEIJING (AP) - Talks on North Korea's nuclear programs resumed on a positive note Thursday, with the Chinese hosts distributing a draft agreement and the North agreeing in principle to initial steps to disarm.


World Business Briefing: South Korea: Interest Rates Held Steady

Thu, 08 Feb 2007 23:23:13 EDT | New York Times

South Korea?s central bank kept its benchmark interest rate unchanged for a sixth month after consumer prices increased at the slowest pace in seven years. The Bank of Korea, led by its governor, Lee Seong-tae, left the overnight call rate at a five-year high of 4.5 percent. ?Economic growth has weakened,? Mr. Lee, left, said. ?Consumer prices have stabilized.? The bank raised rates three times in 2006. Recent reports showing that the economy grew at the slowest pace in 18 months and that household debt fell for the first time in a year ended expectations that the central bank would raise rates in the first half of this year.


N. Korea nixes Chinese nuke proposal

Fri, 9 Feb 2007 04:22:00 -0500 | canoe CNEWS

BEIJING (AP) - Envoys to international talks seeking to end North Korea's nuclear weapons program failed to agree Friday on a Chinese draft proposal on initial steps for disarming Pyongyang, the main U.S. delegate said, an indication that a breakthrough was not imminent.


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