Report: US decides to slap own financial sanction on NKorea

SEOUL, South Korea (AP) - A South Korean newspaper says Washington is telling the government in Seoul that the U.S. will impose its own financial sanctions on North Korea.

By: Associated Press | WNCT-On Your Side
Published: June 05, 2009

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SEOUL, South Korea (AP) - A South Korean newspaper says Washington is telling the government in Seoul that the U.S. will impose its own financial sanctions on North Korea.
The U.N. Security Council has been mulling how to punish North Korea for its latest nuclear test.
The U.S. sanctions would be separate. According to the newspaper Chosun Ilbo, they would blacklist foreign financial institutions that help the North launder money and conduct other questionable deals.
Last week, Pyongyang conducted a barrage of missile launches and an underground nuclear test that violated previous U.N. Security Council sanctions. The North also appears to be preparing for more missile tests, including one believed to be capable of reaching the U.S.