This undated photo obtained March 3 cheap adidas running shoes , 2015, courtesy of Light Korean Presbyterian Church in Mississauga, Ontario shows Reverend Hyeon Soo Lim (AFP Photo)
A Canadian pastor being held in North Korea has admitted to planning "subversive plots" against the communist nation during a public interrogation, Pyongyang's official news agency reported late Thursday.
Reverend Hyeon Soo Lim, of the Light Korean Presbyterian Church in Toronto, was detained by North Korean authorities in January just after he arrived from China cheap adidas shoes , according to Canadian consular officials.
Pyongyang's KCNA news agency said Lim had admitted to carrying out "subversive plots and activities in a sinister bid to build a religious state in the DPRK," using North Korea's official name.
"I have so far malignantly defamed the dignity and social system of the DPRK, pursuant to the scenario of the US and the South Korean regime," Lim was quoted as telling officials, media and diplomats at the People's Palace of Culture.
"I delivered a 'report on what is going on in north Korea' before tens of thousands of south Koreans and overseas Koreans at sermon on Sundays at my church and during preaching tours of more than 20 countries," KCNA quoted him as saying.
Reverend Chun Ki-Won Cheap Men's Adidas Ultra Boost 4.0 Carbon Navy , the director of Durihana, a South Korean Christian missionary organisation helping North Korean refugees, said Lim was one of the most influential Christian missionaries operating in the North.
He has led numerous aid missions to North Korea involving work with orphanage houses, nursing homes and food plants, said Chun -- missions KCNA said were a cover for his plan to damage the "dignity and social system of the DPRK".
Pyongyang views foreign missionaries with deep suspicion and, while it allows some to undertake humanitarian work Cheap Men's Adidas Ultra Boost 4.0 Navy Multicolor Shoes Blue , anyone caught engaging in any unauthorised activities faces immediate arrest.
A number of missionaries -- mostly American citizens -- have been arrested in North Korea in the past with some of them only allowed to return home after interventions by high-profile US figures.
LISBON, July 16 (Xinhua) -- Portuguese bond yields fell on Wednesday, an optimistic sign of investors' confidence despite the country recently being hit by financial turmoil caused by Portugal's leading private bank Banco Espirito Santo (BES) which covered its financial hole.
Portugal emitted Wednesday 1.25 billion euros in six and 12-month treasury bonds, according to national debt agency IGCP, with the average interest rates on short-term bonds at 0.243 percent and 0.453 percent on long-term bonds.
Earlier this week European stocks stumbled after it emerged that the bank's overall holding company, Espirito Santo International (ESI) was covering a hole of at least 1 billion euros in its accounts.
The BES bank's shares had their worst day of the year and its only banking dynasty lost control of the bank Cheap Men's Adidas Ultra Boost ATR Mid Triple White Shoes , with the family selling a fifth of its 25 percent stake on Monday and its chief executive Ricardo Salgado, the great-grandson of the banks' founder, stepping down.
Amilcar Morais Pires, former chief financial officer at BES, was expected to be Salgado's successor but on Tuesday he also abandoned the bank.
The European Markets are now benefitting from easing tensions in Portugal after the bank assured it has enough financial reserves of more than 2 billion euros to deal with negative fallout.
Last Friday Prime Minister Pedro Passos Coelho told holders they could trust the bank and said he had no doubts regarding the Portuguese financial system's "tranquillity", adding that tax-payers would not have to bear the losses of private companies.
The bank's new chief executive Cheap Parley x adidas Ultra Boost Legend Ink Shoes Black , Vitor Bento, on Tuesday promised the start of a "new chapter," vowing to "recapture the confidence of the markets," in a note sent to his 10,000 employees.
Carlos Costa, director of the Bank of Portugal Cheap Men's Adidas AlphaBounce Beyond Shoes All Black , the country's central bank, also reassured investors that they wouldn't have to bear the bank's troubles.
"If any additional capital is necessary, because of risks which in this current moment are not visible, there are for sure shareholders interested in participating in BES'capital increase," he told national broadcaster TVI.
The crisis, however Cheap Men's Adidas NMD Racer Shoes Core Black White , is likely to have tanished Portugal's image, after the country emerged in May from a 78-billion-euro bailout it had signed with its international lenders in 2011.
Analysts still warn that the Portuguese market is now more vulnerable and point to a lack of transparency.
"Investors are rightly concerned as to how issues at BES may impact not only the bank, but also the sector and indeed the wider Portuguese economy as a whole, but let's face it, this is nothing new," Joao Monteiro Cheap Women's Adidas NMD R1 W PK Shock Pink Shoes , Valutrades analyst, told Xinhua, adding that the same group was approaching default in 2008, which was averted following aggressive interventions.
He adds: "The real concern this time round is the genuine lack of transparency."