News 

Lindsey Graham weighs in on Trump attacking N. Korea

“And according to the GOP senator, those chances increase dramatically to 70% if North Korean leader Kim Jong-un tests another nuclear bomb” writes Aol Staff for aol.com. Senator Lindsey Graham has said there’s a 30 percent chance President Trump will attack North Korea in order to prevent the reclusive nation from becoming capable of launching a nuclear-tipped missile to the United States. “I would say there’s a three in 10 chance we use the military option,” Graham told the Atlantic on Wednesday. Source: aol.com Share This:

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AUD News 

‘Loyal agent of North Korea’ charged in Australia over ‘sanctions breach’

“A Sydney-based “loyal agent of North Korea” has been charged with trying to sell missile parts and technology on the black market to raise money for Pyongyang in breach of international sanctions, Australian police said on Sunday” writes Tom Welsh for telegraph.co.uk. “This man is a loyal agent of North Korea, believing he was acting to serve some higher patriotic purpose.”.  Source: telegraph.co.uk Share This:

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News Oil 

S. Korea’s oil imports from Iran up 36% in 11 months yr/yr

“TEHRAN- South Korea imported 17 million tons, or 372,890 barrels per day (bpd), of Iranian crude oil during the first 11 months of 2017, with 36.5 percent rise from 12.45 million tons over the same period last year, according to the customs data” reports tehrantimes.com. Although, South Korea’s imports of Iranian crude oil fell 9.5 percent in October from the previous month as the Middle Eastern country cut crude and condensate exports to Asia due to production setbacks, Reuters reported.South Korea, one of Iran’s main Asian clients, brought in 1.65…

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News 

Tillerson offers olive branch to North Korea if it abandons nuclear weapons

“Secretary of State Rex Tillerson on Friday urged North Korea, for the second time this week, to enter negotiations and give up its nuclear weapons” reports washingtonpost.com. He said the ultimate goal must be the “complete, verifiable and irreversible abandonment of its nuclear weapons programs.” “The international community remains firm in our determination that we will not accept a nuclear North Korea,” he said. Source: washingtonpost.com Share This:

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News 

Japan freezes assets of companies tied to North Korea

“Japan has now frozen the assets of 103 companies and organizations and 108 individuals under either its own sanctions or Security Council resolutions” writes Associated Press for nypost.com. TOKYO — Japan froze the assets of 19 companies Friday to step up pressure on North Korea to return Japanese citizens that it abducted in the 1970s and 1980s and to halt its nuclear weapons and missile development. Source: nypost.com Share This:

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News 

Ripple Price Leaps Another 32% as FOMO Sets In

“The surge continued on Thursday, and the ripple price surpassed the $0.60 mark for the first time on the heels of a 32 percent surge” writes unknown author for cryptocoinsnews.com. Moreover, although still relatively unknown to retail investors, ripple has gradually been gaining name recognition as new investors educate themselves about the cryptocurrency markets.The ripple price climbed another 32 percent on Thursday as South Korean traders continued to demonstrate insatiable demand for XRP. The ripple price had already climbed by more than 70 percent on Wednesday, primarily due to the…

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News 

How South Korea names and shames tens of thousands of tax-dodgers every year

“In South Korea, where a former president is being charged for corruption, widespread tax avoidance is seen as corrupt and criminal behavior” writes Tara Francis Chan for businessinsider.com. The tax service first published the name of “habitual tax delinquents” in 2006, a right guaranteed to the agency under the country’s national tax law. Source: businessinsider.com Share This:

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Markets News 

Ripple Price Surges After Japan and Korean Banks – Viral Docks

“Ripple price pushed up to 71% within 24 hours by the South Korean market as a result of Ripple blockchain-based payment test conducted by major South Korean and Japanese banks” writes Beth Pattinson for viraldocks.com. If the test results are positive, cross-border payments between Japanese and South Korean banks will kick off on 31st January.RippleLab, along with its partner banks in South Korea and Japan, aims to implement the blockchain tech at a larger scale by early 2018.Cryptocurrencies in the South Korean market including Ethereum, Ripple, Bitcoin Cash, and Monero…

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News 

As Olympics near, South Korea agonizes over post-Games costs

“As Olympics near, South Korea agonizes over post-Games costs FILE – In this Oct. 30, 2017, file photo, the Pyeongchang Olympic Stadium is still under construction in Pyeongchang, South Korea” writes Kim Tong-hyung for yahoo.com. Gangwon officials want the national government to share costs for rebuilding the forest, which could be as much as 102 billion won ($95 million). Source: yahoo.com Share This:

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Crypto News 

South Korea considers cryptocurrency tax as regulators grapple with ‘speculative mania’

“To be eligible, exchanges in South Korea will need to uphold investor protection rules and disclose all bid and offer quotes” reports businessinsider.sg. SEOUL – South Korea said on Wednesday it may tax capital gains from cryptocurrency trading as global regulators worried about a bubble, with Australia’s central bank chief warning of a ‘speculative mania” that has seen the digital asset making rip-roaring gains.The world’s biggest and best known cryptocurrency, bitcoin, surged past $17,000 to new all-time highs this week, marking an almost dizzying 20-fold rise this year and feeding…

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