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Wednesday, June 20, 2007 US$25 million of North Korean funds previously frozen in a Macau bank has been transferred to Pyongyang, the North Korean capital. The money was released late last week, and transferred from Macau to the Federal Reserve in New York City, and from there to a Russian bank and then into an account controlled by the North Korean government. Pressure is mounting from the international community on
December 25, 2004 Officials in Mumbai, India, demolished over 6,000 shanties today in a push to eradicate the capital city’s slums. In total, 39,000 shanties have been flattened, displacing over 200,000 people, in the city’s biggest-ever demolition drive, which began in early December. When complete, over 2 million people are expected to be displaced. After wiping out the least desirable shanties, next in line for demolition are the illegal ‘well-off’