Worldwide

UN Security Council steps up sanctions on defiant North Korea

UN Security Council steps up sanctions on defiant North Koreaā€¯

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


15 September 2017
ShangriLa is online casino with guarantee of won money pay outs
Shangri La proposes games for any taste A large selection of slot games allows anyone to choose a game for any discerning taste. This is the best place to spend your free time with pleasure, stress relief, relax and forget about the daily problems.

13 September 2017
Six months cooling period in divorce cases can be waived off
The judgment was delivered by a Bench of Justices AK Goel and UU Lalit in an appeal against a judgment of the Delhi High Court. The stipulated period of 6 to 18 months was given so as to give the couple an opportunity to reconsider.

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
Brokers Issue New Targets On Brookfield Infrastructure Partners LP (NYSE:BIP)
Recent session action on shares of Brookfield Infrastructure Partners L.P. (NYSE:BIP) puts the stock on today's active list. COPYRIGHT VIOLATION WARNING: This article was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune.

13 September 2017
Hurricane Katia forms in Gulf off Mexico's coast
Hurricane Jose is forecast to turn north and move across the southern Atlantic and not affect the US. The storm is expected to make landfall in Mexico's southeast coast late Friday or early Saturday.

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
Health Insurance Innovations, Inc. (HIIQ) Earns Buy Rating from Cantor Fitzgerald
It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. Maximum and minimum EPS estimate for the current quarter is projected at $0.41 and $0.29, respectively, according to 7 analysts.

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
How Analysts Feel About Colfax Corp (NYSE:CFX)?
The industrial products company reported $0.43 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link .

23 June 2017
Marvel Looks To Shake Its Poor Gaming Reputation
The games are well designed with attractive graphics and extensive content, but neither is viewed as a flawless experience. These games tend to be actually well done for what they are, and in a way they’ve been the pride of Marvel gaming.



Recommended