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Word: macau (lookup in dictionary) (lookup stats)
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...talks with the North. However, Hill said that while the U.S. lacks hard evidence, it intends to press Pyongyang for "complete clarity" on the program. Indeed, rather than lightening up on the North, U.S. Treasury Department officials appear poised to issue permanent sanctions against Banco Delta Asia, the Macau bank where about $24 million in assets allegedly belonging to North Korean officials have been frozen on grounds that the money is linked to illicit North Korean businesses, including counterfeiting. Pyongyang has been adamant that economic sanctions be lifted in exchange for cooperation on nuclear talks. But Hill told reporters...

Author: /time Magazine | Title: Pyongyang Parley | 3/8/2007 | See Source »

...York on March 4, U.S. and North Korean diplomats began discussing normalization of relations, while Treasury Department officials in Macau were in discussions aimed at allowing Banco Delta Asia to unfreeze North Korean accounts frozen at Washington's behest. (The accounts allegedly belong to high ranking North Korean officials involved in a variety of illicit businesses, including narcotics smuggling and the counterfeiting of United States currency...

Author: /time Magazine | Title: Playing Ball With North Korea | 3/6/2007 | See Source »

...Roller-coaster rides are not unusual for China's stock markets, which sometimes resemble a casino in Macau. What happened next, however, was decidedly unusual. Investors in New York's equity markets woke up, saw that Shanghai had tanked, and had a collective heart attack: they sent the Dow Jones industrial average down more than 400 points, its biggest single-day drop since Sept. 17, 2001-the first trading session after the terrorist attacks of 9/11. The drop in New York, in turn, fueled fear in markets across Asia the following day, and suddenly investors were seized by visions...

Author: /time Magazine | Title: Fear Factor | 3/1/2007 | See Source »

...Roller-coaster rides are not unusual for China's stock markets, which sometimes resemble a casino in Macau. What happened next, however, was decidedly unusual: investors in New York's equity markets woke up, saw that Shanghai had tanked, and had a collective heart attack: they sent the Dow Jones industrial average down more than 400 points, its biggest single-day drop since Sept. 17, 2001 - the first trading session after the terrorist attacks of 9/11. The drop in New York, in turn, fueled fear in markets across Asia the following day, and suddenly investors were seized by visions...

Author: /time Magazine | Title: Behind China's Stock Meltdown | 2/28/2007 | See Source »

...again. Days after the Macau sighting reports, Japan's TBS television broadcast footage of a man believed to be Kim Jong Nam walking to a cab. He was wearing a powder blue sport coat and pink shirt and drinking a green beverage from a bottle. "Are you staying at the Mandarin hotel?" the reporter asked. "I cannot tell you," the man replied. "My privacy...

Author: /time Magazine | Title: In Search of Lil' Kim | 2/8/2007 | See Source »

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