Online Broadband Guide
Online Broadband Guide


Treasury Announces New Sanctions Aimed at Deterring North Korea's WMD Programs

Treasury Announces New Sanctions Aimed at Deterring North Korea's WMD Programs

North Korea's development of nuclear weapons and missiles capable of hitting the United States has spurred deepening U.N. Security Council sanctions and stoked fears of a military conflict.

Half of the individuals are located in the Chinese cities of Dandong, Ji'an, Linjiang and Tumen near the China-North Korea border.

U.S. President Donald Trump in an interview with Reuters last week praised China for its efforts to restrict oil and coal supplies to North Korea but said Beijing could do much more to help constrain Pyongyang.

The sanctions target North Korea's Ministry of Crude Oil industry and two Chinese-based companies, as well as individuals based in Russian Federation and the Abkhazia region, the release said.

North Korea is developing missile and nuclear technology in defiance of U.N. Security Council resolutions amid regular threats to destroy the United States and Japan.

At the request of the United States, MSDF vessels and aircraft have been patrolling the high seas near Japan since late a year ago for possible cases of North Korean oil smuggling.

According to Japan's Ministry of Foreign Affairs, photos taken Saturday show the Rye Song Gang 1 pulling alongside a Dominican-flagged ship, the Yuk Tang, in the middle of the night.

Already, the Treasury Department has added eight North Korean banks and more than two dozen North Korean nationals working in countries like China, Russia and Libya to its sanctions list.

The Treasury Department's Office of Foreign Assets Control also targeted five North Korean shipping companies and six vessels.

The action enables the United States to block assets held by the individuals or firms in the United States and prohibits USA citizens from dealing with them.

"Treasury continues to systematically target individuals and entities financing the Kim regime and its weapons programs, including officials complicit in North Korean sanctions evasion schemes", Secretary of the Treasury Steven Mnuchin said, in a reference to North Korean leader Kim Jong-un.

North Korea is developing missile and nuclear technology in defiance of worldwide condemnation amid regular threats to destroy the United States, Japan and South Korea.

The new sanctions signal that the Trump administration fully intends to continue the "maximum pressure" campaign even as North and South Korea hold hands for the Olympics.

The entities sanctioned included North Korea'sMinistry of Crude Oil Industry.

"Hong Kong of course is an global finance hub and at the same time it has company formation and registration rules that we think need to be stronger", said Mandelker.

Treasury named the firms as Beijing Chengxing Trading Co.

follow

editors' picks

January 24, 2018
God of War gets April 20 release date
The Deluxe Edition is a step down from the others and retails at $69.99 and comes with additional items listed on the image. The game will come in a Collector's Edition , a Stone Mason Edition , and a Digital Deluxe Edition , starting at $59.

January 23, 2018
Eagles Open as Biggest Super Bowl Underdogs Since 2009
Has he matured or do other teams just better tolerate a lack of focus? The Philadelphia Eagles had the best defense on Sunday. The Eagles, who are considered by many to be the underdogs, will have some stiff competition against the defending champions.

January 23, 2018
Run ONGC to buy government stake in HPCL for Rs 36915 crore
ONGC will also gain access to marketing network of HPCL which could be synergistically utilised for projects such as MRPL, OPaL. HPCL can acquire MRPL either by buying out ONGC's shares, which at today's trading price is worth just over Rs 16,000 crore.

January 22, 2018
Tennessee Titans announce Mike Vrabel as next head coach
He is only seven years removed from his final season with Kansas City and final year in the National Football League as a player. Robinson said it was "paramount" that he and the new head coach be aligned in everything involving the Titans organization.

January 20, 2018
Bare-chested Putin takes dip in icy lake for Epiphany
Epiphany, which is celebrated on January 19, is one of the most important holidays in the Russian Orthodox tradition. That region holds the title of the world's coldest permanently occupied village, where even eyelashes freeze .

January 20, 2018
Facebook selfie helps Canadian Police to crack a murder case
But investigators concluded Antoine knew her friend was not home safe, because she had strangled her to death outside of town. Could this imply a level of premeditation to the murder? Indeed, it was Facebook that helped them crack the case.

January 19, 2018
Lowe's Companies, Inc. (LOW), Wal-Mart Stores Inc. (WMT)
Hence the difference between Predicted EPS and Actual EPS reported is $0.03/share which shows an Earnings Surprise of 3.1 Percent. Inc. now owns 1,526 shares of the retailer's stock worth $115,000 after buying an additional 1,252 shares in the last quarter.

January 19, 2018
Stranger Things' David Harbour is willing to marry this couple for retweets
And I thought, 'Is this real?' Like, what the heck?' As Fregoso scrolls through the 199 photos, she's reminded of the tweet from October that started it all.

January 18, 2018
Winds of up 80mph predicted to hit West Berkshire tonight
A status yellow wind warning is also in place today for Munster, Leinster and Galway, with gusts of up to 110km an hour expected. Through the night there will be some heavy showers which bring the risk of several centimetres of snow and risk of ice.

January 17, 2018
Erdogan: NATO must resist US Syria plan
He says it's his government's "duty is to drown this terrorist force before it is born". Russia, a major force in the area, opposed the USA plan for a border security force.