North Korea quakes 'may be test aftershocks'

Laura Christensen
September 25, 2017

"They have done insane things and tend to carry through with what they have said", Kristensen said in an email exchange.

After a week in which, with tweets and in a speech before the United Nations General Assembly, Trump introduced the derogatory nickname "Rocket Man" for Kim into worldwide news coverage and left open his prerogative to "totally destroy" North Korea, the president gave no ground on Friday in his public standoff with his adversary.

China accounts for about 90 per cent of North Korea's foreign trade.

"From the date of implementation of the announcement, (the PRC) fully bans all imports of coal, iron, iron ore, lead, lead ore and water products originating in North Korea", a customs notice issued on August 14 said. North Korean leader Kim Jong Un is embracing markets and is establishing more channels of interactions with the outside world - even with efforts by the global community to impose sanctions.

That's where the new powers Trump gave Treasury Secretary Steven Mnuchin come in. Because Chinese is the main trading partner with North Korea anyway. "This mission is a demonstration of US resolve and a clear message that the President has many military options".

The North has also threatened to launch a salvo of Hwasong-12s toward Guam, the U.S. Pacific military hub.

Vessels and aircraft that have visited North Korea in the past 180 days are prohibited from entering US under the new sanctions.

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The executive order that Trump signed Thursday is likely to have set off alarm bells around the globe. Negotiation is the only way out, which deserves every effort.

Though the confiscation of passports and restriction of movement of North Korean workers overseas have led them to be depicted as "slave labor" in the mainstream media, there is nonetheless competition among North Koreans for these jobs.

Reuters reported that Chinese banks were "told to stop providing financial services to new North Korean customers and to wind down loans with existing customers".

Those measures did not go far enough for Trump. And if it's got an illicit drug industry as big as its legal economy, sanctions aimed at legal sectors of the economy aren't going to rein in the regime.

The US Geological Survey said it was unable to confirm whether the event was natural.

"If traders were hoping for a strong USA dollar rebound in the wake of this week's Fed meeting, the initial response was certainly encouraging (but) beyond that the response has been underwhelming", said CMC Markets analyst Michael Hewson. Beijing, which has strongly opposed sanctions against its companies, could retaliate against USA interests. Security experts and North Korean defectors have placed the numbers in North Korea's cyber army in the thousands. "But...there are things that can be done before getting there". It cited three countries in a note to council members that have been targeted by council resolutions - North Korea, Iran and Syria.

He said sanctions are important "to promote a resumption of talks and dialogue" in North Korea.

Other reports by My Hot News

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