Health Care

United Nations new sanctions ban North Korea's exports

United Nations new sanctions ban North Korea's exports”

The United Nations Security Council on Saturday unanimously adopted a US -drafted resolution that aims to slash by a third the Democratic People's Republic of Korea's 3 billion USA dollars annual export revenue over Pyongyang's two intercontinental ballistic missile (ICBM) tests in July.

The US-drafted resolution includes the strongest sanctions ever imposed in response to a North Korean ballistic missile test and targets its main exports, slashing their annual revenue by $1 billion. North Korea's irresponsible and careless acts have just proved to be quite costly to the regime.

The situation on the Korean Peninsula remains extemely tense on the background of an active development of the North Korean missile program.

The two sides also exchanged opinions on the Korean Peninsula nuclear issue and the South China Sea issue, among others.

"This will not only benefit our two countries, but also show the world the bright future of more positive, more predictable and more sustainable relations between our two countries", Wang said at a meeting with U.S. Secretary of State Rex Tillerson. "The US is taking - and will continue to take - prudent defensive measures to protect ourselves and our allies". We want only security and prosperity for all nations - including North Korea.

"Owing to China's traditional economic ties with North Korea, it will mainly be China paying the price for implementing the resolution", the statement cited Wang as saying.

The restrictions are said to affect the exports of coal, iron, iron ore, lead, lead ore and seafood as well as workforce - prohibiting countries from increasing existing numbers of DPRK workers employed outside the country.

The measures would be the seventh set of United Nations sanctions imposed on DPRK since it first carried out a nuclear test in 2006. It banned new joint ventures or cooperative entities with North Korean entities or individuals as well as additional investments in existing joint ventures.

The council also decided that "all member states shall not increase the total number of work authorizations for such persons in their jurisdictions, unless approved by the Security Council Committee established pursuant to resolution 1718 issued on 2006".

Given what has happened in the previous talks involving the DPRK, the Republic of Korea, the United States, Japan, China and Russian Federation, it would be naive to expect the talks once restarted to achieve anything substantial in a short period of time.

The other is to call for the resumption of the six-party talks, stressing the peaceful settlement of the Korean Peninsula nuclear issue by diplomatic and political means, in order to avoid escalation of the tension on the peninsula.

Like this



08 August 2017
Boosie BadAzz Causes Outrage Over "Oral Sex Birthday Gift" To Son
Boosie turned the front-facing camera on himself, posing with his eyelids flipped up writing, "I can't see you haters". Check out some of Twitter's reactions below.

08 August 2017
In US : Pentagon, South Korea review missile size guidelines
The sanctions could further choke North Korea's struggling economy by slashing its $3 billion annual export revenue by a third. The latest poll findings of the poll largely echo those from a recent poll conducted for The Washington Post and ABC News .

08 August 2017
Total Solar Eclipse, protecting your eyes
The only time it is safe to look directly at the eclipse is during the total eclipse phase when the moon directly blocks the sun. Pacific Daylight time (12:15 p.m. central) along the northwest coast, occurs about 11:40 a.m.

08 August 2017
Is China's rise shadowing ASEAN cheer?
Mr Wang said his meeting with Dr Balakrishnan - their fifth official one in the last eight months - went "very well". Furthermore, Washington wants ASEAN to do more to isolate the hermit kingdom from all ASEAN-led forums.

08 August 2017
Baidu, Inc. (BIDU) Shares Sold by Daiwa Securities Group Inc
Therefore 36% are positive. (NASDAQ BIDU) traded up 0.49% during midday trading on Monday, hitting $227.16. Commonwealth Equity Services Inc has invested 0% of its portfolio in HD Supply Holdings Inc (NASDAQ:HDS).

08 August 2017
Forrest Eugene Norrod Sells 104688 Shares of Advanced Micro Devices, Inc
In other news, SVP James Robert Anderson sold 20,000 shares of the company's stock in a transaction dated Tuesday, May 23rd. Therefore 37% are positive. 07/18/2017 - Advanced Micro Devices, Inc . was downgraded to " by analysts at Barclays.

08 August 2017
Cogent Communications Holdings, (NASDAQ:CCOI) Experiences Heavier than Average Trading Volume
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Finally, Prudential Financial Inc. boosted its stake in shares of Cogent Communications Holdings by 0.5% in the first quarter.

08 August 2017
Amber Alert for 3-year-old in Worcester Co. canceled
The Worcester County sheriff's office said DE police found the suspected abductor shortly after issuing the alert around 8:45 p.m. Police need help locating a missing 3-year-old girl who is believed to have been abducted from Worcester County, Md.

08 August 2017
Antero Midstream Partners LP (AM) Raised to Hold at Zacks Investment Research
BidaskClub upgraded Dominion Midstream Partners, from a "strong sell" rating to a "sell" rating in a report on Friday, June 30th. Kayne Anderson Capital Advisors LP boosted its position in shares of Shell Midstream Partners, 5.5% in the first quarter.

08 August 2017
Inmates take control of part of prison in Arkansas: authorities
Three correctional officers were trapped in the area at one point, local ABC affiliate KATV reported . Graves said the incident showed the risks that the state's correction officers face on a daily basis.