Will latest United Nations sanctions make Kim Jong Un sweat?

N. Korea vows to boost weapons programmes after sanctions

N. Korea vows to boost weapons programmes after sanctions

North Korea's Foreign Ministry said in a statement published on state media that if the USA "does rig up the illegal and unlawful "resolution" it would respond in kind.

"It's nice to get a 15 to nothing vote", he added.

Meanwhile, North Korea appears to be stepping up efforts to secure bitcoin and other cryptocurrencies, which could be used to avoid trade restrictions including new sanctions approved by the U.N. Security Council on Monday.

Chinese gasoline exports to the North fell sharply - to just 120 tons in July, compared to 8,262 tons in June - following a decision by China's state-owned oil company, China National Petroleum Corporation, to cut sales due to concerns that North Korea is too high a credit risk.

Sustaining a tough tone in the face of North Korea's missile and nuclear weapons tests, Trump indicated that he would continue to press for sanctions created to make the regime recalculate its strategy.

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Foreign Minister Federica Mujerini announced Tuesday that the European Union will implement the new United Nations sanctions against North Korea and is ready to impose additional sanctions if needed. The council banned North Korean textile exports and capped its imports of crude oil.

Republican Rep. Ed Royce, the committee chairman, said US and allied efforts should be "super-charged". In recent weeks, North Korea had threatened the United States over the sanctions. The report estimated North Korea may have enough in reserve to supply its military for a year of normal operations or a month at a wartime pace.

Joseph DeThomas, a former State Department official who worked on Iran and North Korea sanctions, questioned whether the new steps would have a major impact.

The latest resolution also calls on countries to inspect vessels on the high seas, with the consent of the flag state, if they have reasonable grounds to believe the ships are carrying prohibited cargo to North Korea.

North Korea will be feeling the pain of new United Nations sanctions targeting some of its biggest remaining foreign revenue streams. "The forthcoming measures to be taken by the DPRK will cause the USA the greatest pain and suffering it had ever gone through in its entire history".

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Haley said the USA doesn't take pleasure in strengthening sanctions and reiterated that the US does not want war.

"We must target major Chinese banks, such as China Merchants Bank and even big state owned-banks like the Agricultural Bank of China that have significant presences in the U.S., if they do not stop doing business with North Korea", Royce said.

Peru does not have any diplomats in North Korea.

Damage to mountainous terrain at the North's nuclear test site in Punggye-ri seen in satellite imagery taken after the latest test was more extensive than anything seen after the five previous tests, Washington-based 38 North project said. Australia urges all members of the global community, including China, to use its unique economic leverage over Pyongyang as it would lead to further pressure on the North Korean regime. "He talked about the response of the United States of 'fire and fury, '" said Democratic Rep. Gerald Connolly of Virginia. "That is not acceptable", she said.

The resolution, passed after Washington toned down its original proposals to secure backing from China and Russian Federation, came just one month after the council banned exports of coal, lead and seafood in response to the ICBM launch.

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"Our military, together with our allies, remains prepared to respond immediately and resolutely to any attack or threat of attack", Thornton said.

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