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US Moves to Block N. Korea's Access to Global Financial System

The United States is taking action to block North Korea's access to global financial systems, an effort aimed at preventing money laundering. The Treasury Department on Wednesday designated North Korea as a "primary money-laundering concern.'' "The regime is notoriously deceitful in its financial transactions in order to continue its illicit weapons programs and other destabilizing activities," it said in a statement. "The United States, the...

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