According to Business Week:
Japan will tighten controls on sending money to North Korea next month as part of additional sanctions in response to a suspected sinking of a South Korean warship.
The cap on undeclared cash transfers will be lowered to 3 million yen ($32,800) from 10 million yen, according to a statement released by the Ministry of Finance.
The ministry also will reduce the amount of money an individual can take into North Korea to 100,000 yen from 300,000 yen. The change will take effect on July 6, the statement said.
Read the full story here:
Japan to Tighten Control on Sending Cash to North Korea
Business Week
Kyoko Shimodoi and Keiko Ujikane
6/15/2010
According to the White House web page:
TO THE CONGRESS OF THE UNITED STATES:
Section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)) provides for the automatic termination of a national emergency unless, prior to the anniversary date of its declaration, the President publishes in the Federal Register and transmits to the Congress a notice stating that the emergency is to continue in effect beyond the anniversary date. In accordance with this provision, I have sent to the Federal Register for publication the enclosed notice stating that the national emergency declared in Executive Order 13466 of June 26, 2008, is to continue in effect beyond June 26, 2010.
The existence and the risk of proliferation of weapons-usable fissile material on the Korean Peninsula constitute a continuing unusual and extraordinary threat to the national security and foreign policy of the United States. For this reason, I have determined that it is necessary to continue the national emergency and maintain certain restrictions with respect to North Korea and North Korean nationals.
BARACK OBAMA
THE WHITE HOUSE,
June 14, 2010.
