Wednesday, March 14, 2007
Hiccup In The N. Korea Deal
Better get those corks back in the champagne bottles, and the confetti back in the packages. Because according to this WaPo article, the N. Koreans have refused to shut down their main nuclear reactor, as agreed, until we lift a freeze on their accounts in a Macao bank, also as agreed. We had thirty days to do so. Day thirty was today, and it's not yet clear whether the steps the US Treasury Dept. has taken will be sufficient to un-freeze the accounts. To be continued...