MAJURO, Marshall Islands — The tiny Marshall Islands is partnering with Israeli company Neema to create its own digital currency in order to raise some hard cash to pay bills and boost the economy.
Contents: As North Korea’s ‘charm offensive’ fades, decision time for military action approaches; New Trump administration sanctions target companies trading with North Korea; China angrily demands that the US retract the new North Korea sanctions
Pakistan jails ten militants for Malala Yousafzai attack, but not prime suspect; US Navy will escort US-flagged ships through Strait of Hormuz; Iran’s ship seizure may be a message to Saudi Arabia
The United States, on Wednesday, deployed three Navy fast patrol craft to join the destroyer Farragut in the Straits of Hormuz where Iran seized a cargo ship registered in the Marshall Islands, reports Military.com, quoting a Pentagon spokesman.
While details remain sketchy about the incident, Iranian patrol craft forcibly stopped and boarded a merchant ship under flag of the Marshall Islands. The incident raises two questions—what triggered it and what, if any, responsibility the U.S. may have, under its treaty with the Marshall Islands, to respond to this act of Iranian aggression.
Iran seizes cargo vessel in the Strait of Hormuz; Greece’s PM Tsipras desperately seeks financial crisis solution
