Russia Forgives $11 Billion In North Korean Debt [1]

GFP Note - Geoffrey West mentioned this news on Cosmic Vision News last night. This debt forgiveness on the part of Russia may indicate that the changes we have been watching for have started to become public.

Business Insider - Joshua Berlinger, 9/18/12

Photo - AP

Russia has signed a compact with North Korea that will write off 90 percent of the debt the DPRK has accrued since the Cold War, and will reinvest the remaining 10 percent back in the reclusive Asian country.

The total debt forgiven is approximately $11 billion.

To read the rest of this story, visit BusinessInsider.com. [2]