Published: Wed, September 13, 2017
Health Care | By Oscar Goodwin

North Korea slams United Nations sanctions

North Korea slams United Nations sanctions

A Security Council resolution needs nine votes in favoUr and no vetoes to pass.

The United Nations security council imposed new sanctions on North Korea last night but the United States failed to convince China and Russian Federation to back tough punishments that would have included freezing Kim Jong-un's personal assets.

Monday's measures come on top of sanctions agreed to by the United Nations five weeks ago that were expected to cut roughly 1 billion dollars from the country's 3 billion in annual export revenue.

That could be a significant restriction. So the 2 million barrel cap could be cutting existing imports 10 per cent, or slashing them by more than half.

Reaction in Asia to the latest round of global sanctions imposed on North Korea has been positive, but many are still skeptical they will have any significant impact.

Secretary of State Rex Tillerson is certainly keeping the door open to diplomacy, but he's focused on this sanctions track for now - the pressure side - so that if talks eventually get going, the US will go into it with some more leverage. "But I'm not sure that they will really have much effect on the nuclear weapons and missile programs, given the priority that those initiatives must have for the DPRK leadership". What happens next is up to North Korea.

The cap on the import of petroleum products could have an impact, but North Korea will still be able to import the same amount of crude oil that it has this year.

He also opposed the deployment of the Terminal High Altitude Area Defence (THADD) anti-missile system by the United States in South Korea asserting that it undermined the security of China and other countries in the region. It also bans the sale of condensates and natural gas liquids to the North. An editorial by Xinhua also said, however, that the likelihood that Pyongyang will give in to the punitive measures is "tragically low".

BNP Paribas Arbitrage SA Increases Position in Fidelity National Financial, Inc. (FNFV)
Moreover, Philadelphia Financial Management Of San Francisco Llc has 5.92% invested in the company for 2.38 million shares. North Star Asset Mngmt invested 1.15% of its portfolio in Fidelity National Information Servcs Inc (NYSE: FIS ).

The ministry noted that the resolution was unanimously adopted on September 11 by all members of the UN Security Council, including Kazakhstan, as a response to the sixth and most powerful nuclear test North Korea conducted on September 3.

Biswas noted, however, that the situation with China remains both crucial and complicated.

Strict censorship keeps public debate at bay, but there are signs of growing unease among experts and public alike, a growing number of voices pointing out that North Korea is getting away with undermining Chinese national interest.

One metric ton is roughly equal to roughly seven barrels of crude oil.

"The North Korean regime has not yet passed the point of no return".

Pyongyang's ambassador, Han Tae Song spoke at the United Nations -sponsored Conference on Disarmament in Geneva, where he said that the tougher sanctions are illegal and unlawful.

The US official said the ban on textile exports would deprive North Korea of some $726 million in annual revenue.

Joint ventures will be banned and the names of senior North Korean official and three entities were added to a United Nations sanctions blacklist that provides for an assets freeze and a global travel ban.

Cassini makes final flyby of Titan before death plunge
The phrase relates to Titan's gravity pushing the craft toward its final mission - a dive straight into Saturn's atmosphere . As per NASA, Cassini is scheduled to make contact with Earth on September 12 at about 6:19 pm PDT (9:19 pm EDT).

But what Washington failed to get was equally telling.

FILE PHOTO: North Korean leader Kim Jong Un provides field guidance to the Kim Jong Suk Pyongyang Textile Mill, in this undated file photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang on January 28, 2016.

The South Korean government welcomed the resolution, calling it a "grave warning that (North Korea's) continued provocations will only intensify its diplomatic isolation and economic pressure".

Previous UN resolutions have been negotiated between the United States and China, and have taken weeks or months.

The resolution was a response to Pyongyang's sixth and strongest nuclear test explosion that it carried out on September 3 and which it alleged to have test a hydrogen bomb, drawing worldwide alarm and condemnation.

Both Beijing and Moscow had strong words for Washington.

Also Read: How terrifying is North Korea's nuclear threat?

NC governor declares state of emergency due to Irma
Many of these soldiers have responded to natural disasters before and said those experiences often stay with them forever. We are forecasting more sun than clouds with highs in the mid 80s both Saturday and Sunday, with lows in the lower 60s.

Like this: