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...Treasury Department during the Bush years. Not only did Treasury manage to freeze a Macau bank account through which the North Korean regime allegedly laundered millions of dollars, but it also persuaded several large banks in China to stop doing business with North Korea. In 2006, Kim Jong Il made removal of those sanctions a precondition of returning to the so-called six-party talks, and Bush acceded...

Author: /time Magazine | Title: North Korea: The Coldest War | 6/22/2009 | See Source »

...sent to East Asia recently. A senior Administration official says it is "deeply aware" of how effective those sanctions were. Finding ways to punish Pyongyang isn't where Obama expected to be at this point in his presidency. But that wasn't his choice. It was that of Kim Jong Il and the men who surround him - determined, for reasons only they can fathom, to remain stuck in the coldest of wars...

Author: /time Magazine | Title: North Korea: The Coldest War | 6/22/2009 | See Source »

This is a double issue, and there's much more in addition to our health coverage. Shanghai correspondent Bill Powell takes you into the disturbing logic of Kim Jong Il and why the possible succession of his young son is shaping North Korean politics. London bureau chief Catherine Mayer dissects the rebellion against Gordon Brown and the future of the Labour Party. Contributor David Van Biema takes an in-depth look at the Mormon Church, the fourth largest in America, and its current high-profile involvement in politics, while our business columnist Justin Fox explains why financial markets...

Author: /time Magazine | Title: The Rx for Good Health | 6/22/2009 | See Source »

Returning home one spring five years ago from a secret visit to Beijing in his armored, fully wired train car, North Korean leader Kim Jong Il got an unnerving, firsthand demonstration of the potential downside of technology. A huge explosion ripped through the Ryongchon border station, and some officials initially thought it was an assassination attempt triggered by a cell phone. As it turned out, the fireball was more likely the result of two trains' colliding nearby, possibly as a result of miscommunication about changed schedules stemming from Kim's clandestine travels. But regardless of the actual cause, that still...

Author: /time Magazine | Title: North Korea Tries to Ramp Up Tech Infrastructure | 6/22/2009 | See Source »

...slowly opening its economy to foreign business - and the lack of convenient cell-phone service has emerged as a major irritant, especially for the hundreds of Chinese firms active there, which make up the largest group of foreign investors. Those investors now actually have an ally in Kim Jong Il, who has quietly reversed his earlier decision and started upgrading the country's dilapidated communications infrastructure. Toward the end of last year Orascom Telecom, the Middle East's largest wireless firm, was awarded a contract to install a national cell system. The 25-year contract, in a joint venture with...

Author: /time Magazine | Title: North Korea Tries to Ramp Up Tech Infrastructure | 6/22/2009 | See Source »

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