President Trump to Call for UN Naval Blockade of NKorea

President Trump to Call for UN Naval Blockade of NKorea

President Trump to Call for UN Naval Blockade of NKorea

The United States’ effort to further isolate NKorea with tough measures including a a Crude Oil embargo will also call for a partial naval blockade.

The draft United Nations resolution authorizes naval vessels of any US member state to inspect North Korean ships suspected of carrying banned cargo and to use “all necessary measures to carry out such inspections.”

The implications of such a resolution would be far-reaching, since any attempt to board or divert a NKorean vessel could trigger an exchange of fire.

The draft resolution also calls for a block on textile exports and the hiring of NKorean labor by foreign countries.

The US delegation has called for the UN Security Council to debate the draft in the wake of NKorea’s 6th nuclear test last Sunday.

The measure would also freeze the assets of Kim Jong Un and his Top leaders where ever they are world wide

Have a terrific week.

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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