Sanctions on defiant North Korea increased

N. Korea vows to sink Japan for ‘dancing to US tune’ & reduce US to ‘ashes and darkness

N. Korea vows to sink Japan for ‘dancing to US tune’ & reduce US to ‘ashes and darkness

The United Nations Security Council voted unanimously on Monday to impose a new set of sanctions against North Korea after the United States compromised with Russian Federation and China who opposed an even harder line sought by the Trump administration.

Together with previous sets of sanctions, which imposed an embargo on coal, iron, fish and seafood exports, North Korea is expected to lose $2.7 billion or about 90 per cent of its sales overseas, according to estimates by the US.

"The Chinese are not going to retaliate because they know these banks, firms, and individuals are doing the wrong thing", Ruggiero, who spent 17 years in the U.S. government as an expert in the use of targeted financial measures, told Bloomberg TV on Tuesday.

North Korea, a pariah state widely believed to have been behind cyberattacks on financial institutions around the world in recent years, may also have tried to pilfer cryptocurrencies to get around sanctions, a prominent cybersecurity firm said.

The sanctions include a freeze on North Korean imports of crude oil at current levels of 4 million barrels a year and a cap on imports of refined petroleum products at 2 million barrels annually, or about half the current levels. Textile exports, banned under the resolution, represent more than a quarter of North Korea's export income.

The much stronger version proposed by the U.S. last week, included the first asset freeze directed at Kim Jong-un, a complete ban on oil sales to his regime, and a mandate for warships from any member state to inspect ships suspected of carrying contraband to or from North Korea, and to enforce inspect using "all necessary measures".

Ethiopia's United Nations mission, the current Security Council president, said late Sunday that members would vote on a North Korea resolution following a meeting Monday afternoon on implementing existing sanctions against the North Korean government.

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The 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.

She added that the U.S. is not looking for war with North Korea and Pyongyang has "not passed the point of no return".

"If it agrees to stop its nuclear program, it can reclaim its future. We are urging the North to end the vicious circle of repeating provocations and sanctions and start a dialogue for the peaceful resolution of its nuclear issue", he added.

"We all know these steps only work if all nations implement them completely and aggressively", said Haley, adding the resolution "would not have happened without the strong relationship between President Trump and President Xi, and we greatly appreciate both teams".

Earlier this month, North Korea conducted a nuclear test, and it is reportedly getting ready for more missile tests. The North Korean regime has not passed the point of no return ...

Since the North's sixth nuclear test, talk of redeploying tactical United States nuclear weapons to the South has gained traction, especially following a weekend report citing a White House official saying Washington could consider such a deployment if Seoul makes a request.

Chinese Ambassador Liu Jieyi again called for talks "sooner rather than later".

Hurricane Irma pummels Florida amid mass exodus
The hurricane center warns that winds affecting upper floors of high-rise building will be much stronger than at ground level. Officials in Miami-Dade and Broward counties in Florida are ordering evacuations of certain residents in low-lying areas.

China said, however, that if North Korea first hits a US target, that "changes everything".

"We think it's a big mistake to underestimate this Russia, China initiative".

Ms Haley last week dismissed this proposal as "insulting".

"However, it's just as well that the worldwide community adopted this sanctions resolution by consensus", he said.

South Korean President Moon Jae-in's office denied reports Seoul is exploring the possibility of relocating USA tactical nuclear weapons to the peninsula.

USA ambassador to the UN, Nikki Haley, said her country was not looking for war with North Korea, but the sanctions would "cut deep". By cutting them off, the United States hopes to remove 500 million USA dollars from the North Korean government's budget.

The resolution is up for a vote at the U.N. Security Council on Monday afternoon, but it does not appear to be the "strongest possible" sanctions that the Trump administration had hoped for from the global body. More recently this has typically taken one to three months.

Storm leaves Florida in holding pattern
Over the next two days, Irma is expected to push to the northwest, into Alabama, Mississippi and Tennessee. The Keys are cut off from the mainland, as the 42 bridges that link them are being assessed for damage.

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