Financial syndicates companies closed in S. Korea

Pyongyang, February 4 (KCNA) — The South Korean authorities closed down 10 of the 30 financial syndicates companies in South Korea on January 30, a Seoul-based redio reported.

They also plan to take another closedown measure in February and continue with the closure.
The International Monetary Fund, seeking to establish its economic domination over south korea, has pressed South Korea to open its financial market and close loss-making financial institutions.
Giving in to this pressure, South Korea has closed or sold off some of its financial institutions.

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