North Korea has faced growing condemnation from around the world following its sixth and largest nuclear test this month which fuelled fears it could spark war. The measure also prohibits all countries from authorizing new work permits for North Korean workers. The FBI is also examining North Korea's link to the theft of $81 million through the New York Fed a year ago, Bloomberg Markets reported last month.
North Korea's ambassador to Peru said Tuesday that Lima's decision to expel him was akin to "throwing gasoline on the fire" on the dispute over Pyongyang's nuclear tests that it would continue to pursue "without wavering".
Russian Federation and China are pushing for talks with North Korea, but their proposal for a freeze on Pyongyang's missile and nuclear tests in exchange for suspending US-South Korean military drills has been rejected by the United States.
Haley noted that the council was meeting on the 16th anniversary of the 9/11 terrorist attack.
"We wanted those who would be inclined to water down the text to own that position", said the USA official.
"Further, today's resolution completely bans natural gas and other oil byproducts that could be used as substitutes for the reduced petroleum". "The North Korean regime has not yet passed the point of no return". That has failed to stop its progress towards developing a nuclear-tipped missile that could soon range the American mainland. If it proves it can live in peace, the world will live in peace with it. ...
Merkel told Putin she supported efforts of the UN Security Council to rapidly adopt further sanctions against North Korea to make Pyongyang change its course, he added.
KELEMEN: Well, instead of an oil embargo, there's a cap on the exports of crude oil to North Korea.
The textile ban is significant.
There are a few things that made it through the negotiating process - for instance, a ban on textile exports from North Korea, for instance. That's one area where the North Koreans have managed to earn some hard currency.
President Donald Trump's administration is pushing the Security Council to adopt a united stance as Kim gets closer to being able to strike the USA with a nuclear weapon.
As for North Koreans working overseas, the USA mission said a cutoff on new work permits will eventually cost North Korea about $500 million a year once current work permits expire. And then you can see that others have watered it down, not the U.S.
Following four days of tough negotiations, notably with Beijing and Moscow, it eliminated an assets freeze on leader Kim Jong-Un, according to diplomats, which had been called for in the earlier draft. Monday's resolution added just Workers' Party of Korea Central Military Commission member Pak Yong Sik, the Central Military Commission of the Workers' Party of Korea, the party's Organization and Guidance Department and its Propaganda and Agitation Department to the sanctions list.
The original USA draft would also have frozen the assets of North Korea's state-owned airline Air Koryo, the Korean People's Army and five other powerful military and party entities.
"That's a problem between us and the United States", Kim said.
Monday's resolution was the ninth one unanimously adopted by the United Nations since 2006.
French Ambassador Francois Delattre said, "We are facing not a regional but a global threat, not a virtual but an immediate threat, not a serious but an existential threat".
Beyond the Dollars 1.3 billion in annual revenues we will cut from North Korea, new maritime authorities will help us stop them from obtaining funds by smuggling coal and other prohibited materials around the world by ship, the top American diplomat said. Trump has vowed not to allow North Korea to develop a nuclear missile capable of hitting the mainland United States.
With fresh United Nations sanctions and bitcoin's skyrocketing value, "the potential windfall from these attacks has risen accordingly", Boland said.