Worldwide

UN Security Council steps up sanctions on defiant North Korea

UN Security Council steps up sanctions on defiant North Korea”

Instead, the resolution includes a cap on how much oil North Korea can import annually, watered down to get China's support. Despite these amendments, the measures implemented Monday are still the strongest sanctions ever brought against the reclusive regime.

Mr Rycroft called the resolution "a very significant set of additional sanctions", declaring "we are tightening the screw, and we stand prepared to tighten it further". "UN Security Council resolution", ambassador Han Tae Song told the gathering.

The ministry said the UNSC resolution embodies the united position of the global community and called on North Korea to "no longer pursue" its nuclear weapons program.

The U.S.is also seeking to ban all countries from hiring workers from North Korea and from importing textiles from the northeast Asian nation - two key sources of foreign currency. Nikki Haley, the US ambassador to the United Nations, explained during proceedings that everyone's exhausted of "trying to prod the regime to do the right thing", so the sanctions will hinder its ability "to do the wrong thing". Both Russia and China, as permanent members, wield veto power.

In another key measure, the US draft identified nine ships that have carried out activities prohibited by previous United Nations sanctions resolutions. "If it agrees to stop its nuclear program, it can reclaim its future".

He argued that "economic warfare works" in North Korea. Ambassador Han Tae Song said North Korea denounced Washington's "evil intention" and would "make sure the United States pays a due price".

"As the Chinese cut off oil and gas, we're seeing [North Korea] turn to Russia", The Washington Post quoted an unnamed senior USA official with knowledge of alleged Russian smuggling into North Korea as saying on Monday.

"North Korea should no longer test the stern resolve of the worldwide community", spokesman Park Soo-hyun told reporters. Almost 80 percent of the textile exports went to China.

North Korea conducted its sixth nuclear test on September 3, prompting the UN Security Council to step up sanctions with a ban on the reclusive regime's textile exports and a cap on fuel supplies.

Peru said on Monday that it was expelling North Korea's ambassador over the country's refusal to heed the world's "constant calls" to end its nuclear program.



Like this

Latest


27 March 2018
The Growth of Online Gaming and Betting Companies
Even though brick and mortar casinos make offers to gamblers, they do not come anywhere close to what is offered on the wide web. Alternatively, they can be used to learn about the game and the features it comes with as well as the strategies that work best.

13 September 2017
Court blocks redrawing Texas maps
You can read a summary of the many twists and turns in this case, as well as the legal issues before the Supreme Court, here. The state has been in the midst of an extraordinary losing streak in federal courts over the way it conducts elections.

13 September 2017
Aussies in Asia warned about North Korea
Meanwhile, hundreds of local residents and activists are gathered near the USA base protesting the deployment. North Korea says it needs to develop weapons to protect itself against United States aggression.

13 September 2017
Landstar System, Inc. (LSTR) Stock Rating Reaffirmed by Cowen and Company
The fund owned 26,573 shares of the transportation company's stock after buying an additional 4,018 shares during the quarter. The company had revenue of $870.34 million during the quarter, compared to analysts' expectations of $859.30 million.

13 September 2017
Liverpool attacker Mohamed Salah misses training ahead of Sevilla clash
The Reds then host Burnley at Anfield in their next Premier League game as they bid to get back to winning ways on Saturday afternoon.

13 September 2017
NxStage Medical, Inc. (NXTM) President Sells $27950.00 in Stock
It turned negative, as 15 investors sold NXTM shares while 67 reduced holdings. 90 funds opened positions while 365 raised stakes. Sectoral Asset Management Inc sold 308,556 shares as the company's stock declined 27.12% while stock markets rallied.

13 September 2017
Alameda Point residents asked to avoid drinking tap water
Bottled water is available for residents at Alameda Point Collaborative, 677 West Ranger Avenue. Water is not drinkable at Alameda Point in Alameda on Tuesday night, officials said.

13 September 2017
Michael Bisping Tells Georges St-Pierre to "Take Steroids"
Bisping's history with and distaste for users of performance enhancing drugs has spanned much of his career. Most would have left things at that but Bisping chose to prod his upcoming opponent further.

13 September 2017
Qualcomm claims Android always beats the iPhone to new features
Though Qualcomm's post doesn't mention Apple by name, the company suggests it can take credit for some the features in the iPhone. The Note 8 is a stunning phone and Note lovers are sure to appreciate the S Pen functionality, dual camera performance, and more.

13 September 2017
The General Electric Company (GE) Stake Decreased by Harvest Capital Management Inc
Harvest Capital Management Inc's holdings in General Electric Company were worth $1,859,000 as of its most recent SEC filing. Shares for $270,600 were sold by Nicholson William O on Tuesday, May 16. 12 funds opened positions while 21 raised stakes.