Source: Reuters Japanese Prime Minister Shinzo Abe said on Thursday that strong pressure from the international community was the only way to halt North Korea’s rocket and nuclear tests and that economic sanctions needed to be implemented “strictly”. “We need to make them understand North Korea will be further isolated from the international community if […]

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Source: The New York Times With private cybersecurity firms linking North Korea to recent computer attacks that absconded with at least $81 million, the Treasury Department moved on Wednesday to choke off Pyongyang’s remaining access to the global financial system, designating the country a “primary” money launderer. The Treasury, employing sanctions techniques that helped pressure […]

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Source: Reuters The U.N. Security Council agreed on Monday to a Chinese request to remove sanctions on four ships the United Nations had blacklisted for ties to Pyongyang’s arms trade. The agreement came after China secured assurances the vessels would not use North Korean crews, a U.S. official said. China asked the United States on […]

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Source: U.S. Department of the Treasury – OFAC Today, the President issued an Executive Order (E.O), “Blocking Property of the Government of North Korea and the Workers’ Party of Korea, and Prohibiting Certain Transactions with Respect to North Korea.” Following that action, the Secretary of the Treasury, in consultation with the Secretary of State, determined […]

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