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We have not had a “not satire” entry in a while. But a recent news item on KEDO is clearly worthy and connects to a few posts we did recently on the light-water reactor issue (here and here).
Although KEDO was officially shut down in 2006, it has issued a letter to the North Koreans each year demanding compensation for the $1.9 billion loss associated with the effective termination of the project; these losses fell most heavily on South Korea.
North Korea came back in September and argued that they were in fact the aggrieved party, demanding $5.8 billion in damages. The DPRK demands would be considered laughable except for the fact that they signal North Korean perspicacity on the LWR issue; as we predicted in our earlier posts, Pyongyang will be raising this issue again with certainty of one.
