Sunday, 19 November, 2017

United States softens stance ahead of N. Korea resolution

South Korea says North Korea must stop challenging peace, end nuclear program UN Security Council approves new North Korea sanctions
Sammy Stanley | 13 September, 2017, 03:53

It's just the latest example of the illicit ways North Korea allegedly brings in money as it endures wave after wave of increasingly tough worldwide sanctions over its rapidly advancing nuclear weapons program.

The US wants the UN Security Council to vote on Monday to impose tougher sanctions against North Korea despite resistance from China and Russian Federation.

Beijing has called for United Nations Security Council (UNSC) member states to engage in sufficient discussion and reach a consensus on North Korea-related issues.

None of this is new, of course.

Besides exchanges, FireEye said an English-language bitcoin news website was breached by North Korea, which would likely allow hackers to identify people visiting the site. Obviously that approach has not been adopted and here we are, again, facing this dilemma.

"The U.S.is trying to use the DPRK's legitimate self-defensive measures as an excuse to strangle and completely suffocate it", the statement said, using the acronym for North Korea's formal name. He expressed hope that the United States will pledge not to seek regime change or North Korea's collapse.

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We have seen most of these old debates, and frankly speaking, revisiting those debates is of no help to the current crisis.

Don't shoot at Hurricane Irma, Florida sheriff warns locals
You won't make it turn around & it will have very risky side effects, ' the Sheriff's office tweeted on Saturday evening. While many people viewed it as a joke, some people seem to have taken the idea a bit more seriously.

Without such a consensus, it is hardly possible to come up with a practical solution. They have proposed a freeze-for-freeze that would halt North Korean nuclear and missile tests in exchange for the USA and South Korea stopping their joint military exercises - but the Trump administration has rejected that.

The mouthpiece of the North's ruling party called for more "miracle-like events" such as the two ICBM tests to deter the United States which it said was bent on "decapitating" the nation's leader Kim Jong Un.

News reports also revealed that "hundreds of millions" of Korean won had been stolen from Bithumb. Building trust is not an easy thing, but it has to start somewhere. He said so far he did not have evidence that Kim Jong Un's regime has targeted cryptocurrency exchanges outside of South Korea, but did not rule out the possibility in the future.

If such a collective strategy is feasible, then North Korea need to give up its nuclear programs in exchange of security, economic aid, and worldwide recognition. Textile exports - North Korea's largest economic sector that the Security Council had not previously restricted - has earned North Korea almost $800 million each year.

"It will be up to Chinese companies that deal in the North Korean textile trade to take action and up to the Chinese government to ensure the Chinese companies are taking action".

Great powers like the United States have great responsibilities when it comes to global affairs.

Finally, the new resolution requires the end of all joint ventures with North Korea, which will prevent technology transfers useful to North Korea's military industrial complex.

Major cryptocurrencies have surged in value in 2017, with the value of a single bitcoin rising from $963 at the beginning of the year to $4,2222, and Ethereum jumping from $8 to $299.

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