North Korea says bank problem could stall nuclear moves
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A visit by the U.N. atomic watchdog to Pyongyang set for next week is on hold, a North Korean official said on Thursday, casting uncertainty over disarmament moves even as the top U.S. nuclear envoy made a surprise trip to the North.
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North Korea has set tough terms for a freeze of one of its nuclear facilities, demanding that the United States exceed commitments made under a Clinton-era deal that the Bush administration previously derided as inadequate.
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The transfer of North Korean funds that have been frozen in a Macau bank is to begin on Thursday, Japan's Kyodo news agency said, citing Macau financial authorities.
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North Korea will feel compelled to announce plans for another nuclear test if a financial row with Washington is not settled, a source said on Wednesday as the latest talks wound up with no signs of a breakthrough.
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North Korea threatened on Saturday to double the size of its nuclear deterrent and the United States rejected its conditions for a resumption of talks, leaving the two nations in a dangerous stalemate.
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North Korea Saturday invited UN atomic inspectors to discuss the shutdown of its reactor, saying a banking dispute which had blocked a nuclear disarmament pact is almost over.
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North Korea will feel compelled to  announce plans for another nuclear test if a financial dispute  with Washington is not resolved, a source said on Wednesday, a  sign of Pyongyang's impatience with a lack of progress in  talks.
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North Korea indicated Wednesday it will slow down the disablement of its nuclear facilities because of what it said was a delay in receiving economic aid under an international deal.
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North Korean nuclear envoy Kim Kye-gwan warned on Saturday that if the United States failed to lift financial sanctions against it, his country would have to take "corresponding actions" in response.
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North Korea today took possession of about $25 million in funds previously frozen by a Treasury Department investigation, potentially clearing the way for Pyongyang to fulfill its commitment to shut down an aging nuclear reactor.
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South Korea's defense minister said on Saturday he expects North Korea to begin to close its nuclear reactor, the source of its weapons-grade plutonium, once $25 million in frozen funds in a Macau bank are freed up.
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North Korea appears committed to a nuclear disarmament deal but remains unwilling to complete two big steps until complaints over aid and U.S. concessions are solved, U.S. experts just back from North Korea said on Saturday.
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North Korea said it was "impossible" to hold new talks with the United States aimed at ending a stand-off over the communist country's nuclear weapons drive.
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Russia has accepted a U.S. request that a Russian bank help end a stalemate over frozen North Korean funds that has halted progress in the North's nuclear disarmament, a news report said Sunday.
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Technical problems prevent the transfer of N Korean funds previously frozen in a Macau bank, US officials say.
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North Korea blames US financial sanctions for deadlock in multilateral talks on its nuclear programme.
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The transfer of N Korean funds frozen in Macau, a key issue in nuclear talks, will soon begin, media says.