Saturday, 18 November, 2017

U.S. slaps sanctions on Russian, Chinese entities for supporting N Korea

Donald Trump two weeks ago issued a stern warning to Kim Jong-Un telling the North Korean leader his country faced Japan Calls for Pressure on Pyongyang as US, S. Korea Drills Get underway
Kenny Thornton | 22 August, 2017, 22:01

The Treasury targeted three Russians - Mikhail Pisklin, Andrey Serbin and Irina Huish - accusing them of trading in fuel on behalf of North Korea through companies based in Sinagpore.

China was rumored to have temporarily banned oil exports to North Korea in September 2006, prior to Pyongyang's first nuclear test, but has always been sensitive to such measures and officials later told a visiting USA delegation that no such suspension had ever taken place.

The US Treasury imposed the sanctions on 10 companies and six individuals that help North Korea develop weapons by providing raw materials or conducting business that helped Pyongyang secure funding for its nuclear and weapons programmes.

The sanctions unveiled Tuesday effectively block those targeted from accessing much of the global financial system and freeze any USA assets as well. Ltd - had collectively imported almost a half billion dollars' worth of North Korean coal between 2013 and 2016.

But she emphasized that the US first hoped to get North Korea to credible talks as a result of the latest United Nations sanctions, without any additional measures targeting oil and gas.

S.Korea, US begin talks over reviewing trade deal
The value of USA goods exported to Korea fell 0.03 percent from $43.5 billion in 2011 to $42.3 billion in 2016, the report said. The U.S. exported $1.6 billion worth of passenger cars last year to South Korea, up from $417 million five years earlier.

Among those hit by the sanctions was Russian national Ruben Kirakosyan and his Moscow-based company Gefest-M LLC, which the Treasury Department accuses of procuring metals for a sanctions-barred company involved in North Korea's nuclear weapons program known as Korean Tangun Trading Corp.

Compared with the US$147.5 million worth of garments North Korea exported to China in the second quarter, the figure was lower at US$120 million in the three months earlier, accounting for about 24 per cent of total exports to China.

The latest steps stopped short of targeting Chinese financial institutions dealing with North Korea, a step that would have greatly angered Beijing.

Clothing imported by major apparel retailers and brands with "Made in China" labels could have been made by low-paid garment workers in North Korea, an investigation suggests.

Mr Mnuchin said the USA would continue to put pressure on North Korea by isolating companies that aided the regime in Pyongyang from the United States financial system.

Recommended

  • Santa Maria Slaying Triggers Amber Alert

    Santa Maria Slaying Triggers Amber Alert

    Santa Maria police were initially looking for a blue Volkswagen, but the auto had been located as of Tuesday. During the investigation, police requested an Amber Alert for Daniel Marozov, the news release stated.
    Amazon was selling Echo Dots for the low, low price of $0

    Amazon was selling Echo Dots for the low, low price of $0

    Senic designs and builds attractive smart home interfaces and systems that are shipped all over the world. Users can ask, for example, "Alexa, ask A.S.U. what sports events are happening this weekend?"
    USA  sanctions Chinese, Russians over North Korea support

    USA sanctions Chinese, Russians over North Korea support

    Three Russian individuals and two Singaporean companies and were rapped for selling oil to Jong-Un's government. They include one Namibia-based subsidiary of a Chinese company and a North Korean entity operating in Namibia.
  • Kevin Hart posts cryptic response to his ex-wife

    Kevin Hart posts cryptic response to his ex-wife

    Well, Eniko has admitted that she, indeed, was in the picture, plus there were other women. "I never wrecked a home". The pregnant model took to Instagram where she shared a attractive picture of her and Kevin on their wedding day.
    Govt OK with court monitoring: CM

    Govt OK with court monitoring: CM

    Mandal's family members blamed the hospital for negligence and said, "His treatment was delayed which led to his death". Government funds were transferred to the NGO's bank accounts by writing their account numbers on the back of cheques.
    Microsoft's Speech Recognition Technology Has Hit Human-Level Accuracy

    Microsoft's Speech Recognition Technology Has Hit Human-Level Accuracy

    Microsoft has announced (via Geekwire ) that its speech recognition technology has reached an error rate of 5.1 percent. Huang states , "Moving from recognising to understanding speech is the next major frontier for speech technology".
  • Sempra seals deal to buy Oncor, topping Buffett offer

    Sempra seals deal to buy Oncor, topping Buffett offer

    But there will be extra debt, -and a total of $US12 billion at least, where as with the Berkshire offer it was $US9 billion. For the deal to go through, it still requires approval from the Public Utility Commission of Texas, U.S.
    Final Fantasy XV Team Thinking Of Doing Something For Nintendo Switch

    Final Fantasy XV Team Thinking Of Doing Something For Nintendo Switch

    According to early recommended specs for the PC version of Final Fantasy 15 , the game will take up a whopping 170GB. The game itself is a stripped down version of Final Fantasy XV but still features the same storyline.
    Bullet-riddled body of student found in Shopian

    Bullet-riddled body of student found in Shopian

    On Monday, militants killed a former panchayat member, affiliated to PDP, near his home in Anantnag district. Police have launched a massive manhunt to nab the perpetrators and will bring them to justice very soon.
  • Powerball jackpot at $700 million but sales drop during eclipse

    Powerball jackpot at $700 million but sales drop during eclipse

    The longer odds also made it more likely for the Powerball jackpots to grow to a gargantuan size before a winning ticket is sold. To have a chance at winning the jackpot, players must buy a $2 ticket before the drawing and choose all six numbers correctly.
    Don't worry, you can buy Xbox One X's vertical stand separately

    Don't worry, you can buy Xbox One X's vertical stand separately

    There's also a stippled pattern across the top of the console, which isn't a feature present on the standard Xbox One X. Last but not least, Xbox One X is capable of doing anything that the older console is able to do.

    BidaskClub Lowers Energy Transfer Equity, LP (ETE) to Strong Sell

    In current trading day Energy Transfer Equity, L.P. ( ETE ) stock confirmed the flow of -2.58% with the final price of $16.24. Chickasaw Capital Management LLC increased its stake in Energy Transfer Equity, L.P.by 0.4% in the second quarter.

One person was hit and killed while watching the solar eclipse One person was hit and killed while watching the solar eclipse A vehicle plowed into a group of apparent eclipse watchers in Kentucky, killing one and injuring another. The impact caused the death of 23-year-old Mackenzie Hayes, who was pronounced dead at the scene.

Fresh threats from Pyongyang as joint military exercise begins Fresh threats from Pyongyang as joint military exercise begins The joint #Military Exercises involving tens of thousands of troops from the US and South Korea is expected to commence on Monday.

The Crew 2 release date set The Crew 2 release date set Finally, the Gold edition contains the season pass and both the pre-order incentives, as well as the Motorsports Deluxe Pack. The sequel to the 2014 open-world driving game comes to Xbox One , PlayStation 4 , and PC on March 16, 2018.

Iran rejects joint military operation with Turkey against PKK Iran rejects joint military operation with Turkey against PKK In the past couple months, the YPG and Turkish forces have been involved in regular clashes near the Syrian-Turkish border. "The actions of Turkey and Iran complement themselves".

No war on Korean peninsula: South Korean President No war on Korean peninsula: South Korean President It is expected to involve some 300 journalists from local and foreign news outlets here, according to Cheong Wa Dae. The communist North had threatened to fire missiles toward the US-controlled island of Guam .

Khairy regrets mistake over Indonesian flag Khairy regrets mistake over Indonesian flag Malaysia's SEA Games organisers are not alone in making mistakes with competitors' flags - and receiving strong complaints afterwards.

Arms' Next Free DLC Character Is A Clown Named Lola Pop Arms' Next Free DLC Character Is A Clown Named Lola Pop What do you think of Lola Pop? Super Mario Odyssey Producer Yoshiaki Koizumi will give an in-depth talk about his game at 6 a.m. A livestream of Fire Emblem Warriors gameplay highlighting newly revealed characters will be featured at 2 a.m.

Barcelona Attack : Suspect says terror cell planned big attack on monuments Barcelona Attack : Suspect says terror cell planned big attack on monuments Eight other members of the alleged cell are dead - two were killed in the Alcanar explosion and six were later shot by police. Speaking anonymously in line with court rules, she said the testimony would be in Spanish without interpreters.

US Dollar Higher Ahead Of Jackson Hole Symposium US Dollar Higher Ahead Of Jackson Hole Symposium The Australian dollar inched up 0.1 percent to $0.7944 for its third straight session of gains, though activity was subdued. US crude futures fell to $47.87 per barrel, while Brent futures slipped to $51.88 per barrel, helping drag stock prices.

South Korea's Moon Confident There'll Be No War With North South Korea's Moon Confident There'll Be No War With North During a news conference on Thursday he said, "I can confidently say there will not be a war again on the Korean Peninsula". South Korean President Moon Jae-in speaks during a press conference marking his first 100 days in office on Thursday.

Mercedes Benz launches the GT R priced Rs2.23 crore Mercedes Benz launches the GT R priced Rs2.23 crore The GT R is comparably lighter than the Mercedes AMG GT S model owing to the titanium silencers and light-weight aluminium wheels. At the rear, the AMG GT R sports a massive new fixed carbon-fibre spoiler and a double rear diffuser.

Boycott apologises for 'unacceptable' racist remarks Boycott apologises for 'unacceptable' racist remarks The 76-year-old had made this racist remark during the first day night Test match in England , between the hosts and West Indies. Boycott will remain on Test Match Special , the BBC's flagship cricket programme, a spokesperson for the corporation said.

Miller injury puts damper on Indians' bunt-error walk-off Miller injury puts damper on Indians' bunt-error walk-off The inning ended when shortstop Francisco Lindor ran down Betts' popup in center field with his back to home plate. The Red Sox are without Dustin Pedroia and possibly Mitch Moreland, who sat out last night with neck soreness.

Verizon to start throttling video streaming to as low as 480p tomorrow Verizon to start throttling video streaming to as low as 480p tomorrow Earlier, Verizon customers were using VPN to circumvent throttling practice for streaming services like Netflix and YouTube. Unsurprisingly, in order to receive the same level of service compared to older plans, the new plans do in fact cost more .

Barcelona to sue Neymar over PSG move Barcelona to sue Neymar over PSG move It was sent to the Spanish football federation on August 11 with a wish for it to be forwarded to the French federation and FIFA. I spent four very happy years there and left happy, but not with them. "But with [the board], no".