WW3: The UN Security Council “Gut Punched NKorea”

WW3: The UN Security Council “Gut Punched NKorea”

WW3: The UN Security Council “Gut Punched NKorea”

United Nations Ambassador Nikki Haley said Saturday that tough UN sanctions approved by the Security Council against North Korea delivered a “gut punch” and that future military action was “up to” Pyongyang over its recent missile tests.

US President Donald Trump took to Twitter Saturday to praise the UN Security Council for slapping tough sanctions on North Korea, noting that “China and Russia voted with us.”

Here are Trump’s posts:

The United Nations Security Council just voted 15-0 to sanction North Korea. China and Russia voted with us. Very big financial impact!

United Nations Resolution is the single largest economic sanctions package ever on North Korea. Over one billion dollars in cost to NK

The Security Council voted to target North Korean exports that sought to deprive Pyongyang of $1-B in annual revenue and other strong steps in response to its recent missile tests.

 The resolution was drafted by the US— and the 15-0 vote included support from China, Russia, Japan and South Korea.

The measure bans all exports of coal, iron and iron ore, lead and lead ore, as well as fish and seafood by the cash-starved state, thus stripping North Korea of a third of its export earnings estimated at $3-B a year.

 “We should not fool ourselves into thinking we have solved the problem,” UN Ambassador Nikki Haley, the former South Carolina Republican governor, told the council before the vote. “Not even close.

“The North Korean threat has not left us. It is rapidly growing more dangerous.

“Further action is required,” she added. “The United States is taking and will continue to take prudent defensive measures to protect ourselves and our allies.”

 Amb. Haley noted that Washington would continue annual joint military exercises with South Korea.

Have a terrific weekend.

The following two tabs change content below.
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.

Latest posts by HEFFX Australia (see all)