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Taesong Bank
Korea Taesong Bank ( ko, 조선 대성 은행; sometimes called Daesong Bank, Dae-Sung Bank or Taesong General Trading Corporation; in Japan called Chosun Tae Seong-Unhan; Tae-bank, Choson Taesong Unhaeng) is a North Korean financial institution.Michael Breen (author) Kim Jong-Il, ''Revised and Updated: Kim Jong-il North Korea's Dear Leader'' 2012 1118153774 "Kim Jong-il: "the Daesong Group, which owns the Daesong Bank and the Vienna-based Golden Star Bank." The Korea Taesong Bank is reportedly controlled by Room 39. The Golden Star Bank The Golden Star Bank was North Korea's last bank in Europe. History It was established in 1982, located in Vienna, Austria, and owned by Taesong Bank. In 2003, the Austrian Interior Ministry released a report that claimed that the bank was eng ..., founded as a corporation in Vienna, Austria, was the only North Korean bank in Europe but was closed in 2004, was a subsidiary of the Taesong Bank. Kwon Yong-nok was an auditor of the Golden Sta ...
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City
A city is a human settlement of notable size.Goodall, B. (1987) ''The Penguin Dictionary of Human Geography''. London: Penguin.Kuper, A. and Kuper, J., eds (1996) ''The Social Science Encyclopedia''. 2nd edition. London: Routledge. It can be defined as a permanent and densely settled place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, utilities, land use, production of goods, and communication. Their density facilitates interaction between people, government organisations and businesses, sometimes benefiting different parties in the process, such as improving efficiency of goods and service distribution. Historically, city-dwellers have been a small proportion of humanity overall, but following two centuries of unprecedented and rapid urbanization, more than half of the world population now lives in cities, which has had profound consequences for g ...
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Country
A country is a distinct part of the world, such as a state, nation, or other political entity. It may be a sovereign state or make up one part of a larger state. For example, the country of Japan is an independent, sovereign state, while the country of Wales is a component of a multi-part sovereign state, the United Kingdom. A country may be a historically sovereign area (such as Korea), a currently sovereign territory with a unified government (such as Senegal), or a non-sovereign geographic region associated with certain distinct political, ethnic, or cultural characteristics (such as the Basque Country). The definition and usage of the word "country" is flexible and has changed over time. ''The Economist'' wrote in 2010 that "any attempt to find a clear definition of a country soon runs into a thicket of exceptions and anomalies." Most sovereign states, but not all countries, are members of the United Nations. The largest country by area is Russia, while the smallest is ...
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Michael Breen (author)
Michael Breen (born 31 July 1952) is an English author, consultant and journalist covering North and South Korea. Breen writes occasional opinion columns for international and South Korean media. Since 2000, he has written a featured column for ''The Korea Times'', an English-language daily in South Korea, where he comments on South Korean society, culture, and political issues. Career Breen is a graduate of the University of Edinburgh and first began living in South Korea in 1982. He was the correspondent in Korea for ''The Guardian'' and the ''Washington Times''. In 1987, he became the first non-Korean president of the Seoul Foreign Correspondents Club. In 1994, he became a management consultant specializing in North Korea, with clients such as Coca-Cola. He entered the public relations field in 1999 as the managing director of Merit/Burson-Marsteller, where he remained until 2004. He is the founder and CEO of Insight Communications Consultants, a Seoul-based public relations fir ...
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Room 39
Room 39 (officially Central Committee Bureau 39 of the Workers' Party of Korea, also referred to as Bureau 39, Division 39, or Office 39) is a secretive North Korean party organization that seeks ways to maintain the foreign currency slush fund for the country's leaders. The organization is estimated to bring in between $500 million and $1 billion per year or more and is involved in illegal activities, such as counterfeiting $100 bills, producing controlled substances (including the synthesis of methamphetamine and the conversion of morphine-containing opium into more potent opiates like heroin), and international insurance fraud. Room 39 is the largest of three influential so-called Third Floor offices along with Office 35 tasked with intelligence and Office 38 which handles legal financial activities. Room 39 is believed to be located inside a ruling Workers' Party building in Pyongyang, not far from one of the North Korean leader's residences. All three Offices were in ...
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Golden Star Bank
The Golden Star Bank was North Korea's last bank in Europe. History It was established in 1982, located in Vienna, Austria, and owned by Taesong Bank. In 2003, the Austrian Interior Ministry released a report that claimed that the bank was engaging in espionage Espionage, spying, or intelligence gathering is the act of obtaining secret or confidential information (intelligence) from non-disclosed sources or divulging of the same without the permission of the holder of the information for a tangibl ..., " money-laundering, the distribution of forged currency and illegal trade with radioactive substances." The bank was closed in June 2004 amid suspicions of money laundering and the funding of North Korean arms, although there was not enough evidence to start a criminal trial. See also * Banco Delta Asia References Banks established in 1982 Banks disestablished in 2004 Banks of Austria Defunct banks Banks of North Korea 2004 disestablishments in Austria Companie ...
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Kwon Yong-nok
Gwon also written as Kwon () is a Korean family name. Some sources list as many 56 clans, but most of them were merged with the Andong Gwon clan under the Sijeung-gong faction soon after the establishment of the Goryeo Kingdom. Andong Gwon clan The founder of Andong Gwon clan, Kim Haeng (金幸), was originally a royalty of the Silla Gyeongju Kim clan. He participated in the Battle of Gochang and helped Taejo, who established the Kingdom of Goryeo in 918; the new king bestowed upon Kim Haeng a new surname: Gwon (權), as he could judge the situation correctly and achieve a purpose flexibly (能炳幾達權). Yecheon Gwon clan One account has its original surname was Heun (昕). However, in 1197, the name Heun (昕) was chosen as the posthumous name for the Goryeo kingdom's King Myeongjong. To avoid the use of a king's posthumous name, the Heun (昕) family were directed to change their name to Gwon (權). The head of the Heun clan at this time became Gwon So, the founding a ...
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UN Security Council Sanctions Committee On North Korea
The UN Security Council Sanctions Committee on North Korea (formally named Security Council Committee Established Pursuant to Resolution 1718) is a subsidiary body established in 2006 by the UN Security Council's United Nations Security Council Resolution 1718, resolution 1718 in response to North Korea's 2006 North Korean nuclear test, first nuclear test and its other North Korea and weapons of mass destruction, nuclear proliferation efforts. Resolution 1718 imposed a series of International sanctions, economic sanctions on the DPRK and established a committee to gather more information, specify the sanctions, monitor them, and issue recommendations. The committee's responsibilities have broadened as subsequent resolutions expanded and strengthened sanctions, which include an arms embargo, a ban on luxury goods, financial sanctions, and limitations on export of mining resources. A Panel of Experts (PoE) established in 2009 supports the work of the committee through expert analys ...
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Reunification And Development Bank
A political union is a type of political entity which is composed of, or created from, smaller polities, or the process which achieves this. These smaller polities are usually called federated states and federal territories in a federal government; and prefectures, regions, or provinces in the case of a centralised government. This form of government may be voluntary and mutual and is described as ''unionism'' by its constituent members and proponents. In other cases, it may arise from political unification, characterised by coercion and conquest. The unification of separate states which, in the past, had together constituted a single entity, is known as ''reunification''. Unlike a personal union or real union, the individual constituent entities may have devolution of powers but are subordinate to a central government or coordinated in some sort of organization. In a federalised system, the constituent entities usually have internal autonomy, for example in the setup of police d ...
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