North Korea Could Lose $1 Billion in Exports Under U.S. Proposed Measure

A possibly crippling proposal by the U.S. to the U.N. Security Council would cut $1 billion of North Korea’s annual export revenue, the most impactful proposal in 11 years. North Korea makes $3 billion a year through the exportation of coal, iron, lead and seafood. The measure is in response to North Korea’s missile test on July 4th, which experts say had the capability to … Continue reading North Korea Could Lose $1 Billion in Exports Under U.S. Proposed Measure

Trump Signs Sanctions Bill

After much speculation, Trump has reluctantly signed the sanctions bill which will place further sanctions on Russia, North Korea and Iran. Trump said that signing this bill was “for the sake of national unity” but also called the legislation “seriously flawed” and “clearly unconstitutional.” It is unusual for a president to sign something and immediately come out against it, but it is Trump. Frankly, Trump … Continue reading Trump Signs Sanctions Bill

North Korea Launches Missile Into Japan’s Water

North Korea once again tested the patience of the international community with another missile launch on Friday. The missile launched in northern Jangang province flying for 45 minutes and landing in the sea off its east coast, possibly in Japan’s exclusive economic zone, according to South Korean and Japanese officials. It is unclear whether the missile was an intercontinental one capable of reaching the continental … Continue reading North Korea Launches Missile Into Japan’s Water

North Korea Missile Test Likely Says South Korean News Agency

North Korea is expected to test another missile on July 27th, which is the 64th anniversary of the signing of the Korean armistice agreement and is a public holiday known as Victory Day. South Korea’s news agency Yonhap quoted a government source as saying Seoul had seen North Korea moving transporter erector launchers carrying ICBM launch tubes in North Pyongan province. For the past three … Continue reading North Korea Missile Test Likely Says South Korean News Agency