BREAKING NEWS StormTeam 3: Storms starting to pop up around southern Minnesota, northern Iowa. Full Story
SEVERE WX : Special Weather Statement View Alerts

Treasury escalates pressure on North Korea with more sanctions

The Trump administration pressed ahead with yet another round of sanctions on two key North Korea leaders, as it move...

Posted: Dec 27, 2017 9:29 AM
Updated: Dec 27, 2017 9:29 AM

The Trump administration pressed ahead with yet another round of sanctions on two key North Korea leaders, as it moves to cripple any financial ties that might aid the rogue nation's nuclear weapons program.

The Treasury Department's latest step follows a decision by the United Nations Security Council last Friday to impose new stronger sanctions on North Korea to halt its ability to raise illicit funds.
"Treasury is targeting leaders of North Korea's ballistic missile programs, as part of our maximum pressure campaign to isolate the DPRK and achieve a fully denuclearized Korean Peninsula," Treasury Secretary Steven Mnuchin said in a statement Tuesday.

The measure targets two senior officials involved with the development of North Korea's ballistic missile program: Kim Jong Sik and Ri Pyong Chol. As a result of the order, those individuals will now be blocked from making any transactions with U.S. individuals and businesses.

Related: Will sanctions kill North Korea's quiet consumer revolution?

The latest move comes weeks after Pyongyang conducted an intercontinental ballistic missile test. Following the launch, the nation's leader, Kim Jong Un, said the country could now strike the United States with a missile capable of carrying a nuclear warhead.

The missile test prompted Trump to warn in a tweet that 'major' new sanctions were coming soon.

Trump has promised to rain "fire and fury" on North Korea if it continues to threaten the United States or its allies. In November, the president telegraphed plans by the administration to roll out a series of actions.

Related: Russia just gave North Korea's internet a big boost

Already, the Treasury Department has added eight North Korean banks and more than two dozen North Korean nationals working in countries like China, Russia and Libya to its sanctions list.

Treasury has also slapped sanctions on a Chinese businessman and several North Korean shipping and trading companies and vessels.

The North Korean regime is believed to use a complex network of front companies to do business in China and other countries to dodge the economic restrictions. North Korea is also known to employ deceptive shipping practices, including ship-to-ship transfers.

The White House also recently added the rogue nation back to the list of state of sponsors of terrorism. President George W. Bush removed North Korea from the list in 2008. It is now one of only four countries in the world with that label. The others are Iran, Sudan and Syria.

The announcement was seen by analysts as a way for the administration to heighten pressure on other countries to stop doing business with North Korea.

Despite the growing list of sanctions, Pyongyang has continued to test missiles.

Minnesota Coronavirus Cases

Data is updated nightly.

Cases: 604052

Reported Deaths: 7616
CountyCasesDeaths
Hennepin1248161773
Ramsey52466895
Dakota46797470
Anoka42724458
Washington27406291
Stearns22552224
St. Louis18134312
Scott17544135
Wright16405148
Olmsted13390102
Sherburne1200195
Carver1066148
Clay825692
Rice8187110
Blue Earth762443
Crow Wing681494
Kandiyohi667585
Chisago619652
Otter Tail585684
Benton582998
Goodhue483474
Douglas475381
Mower470733
Winona461151
Itasca459263
Isanti439964
McLeod430161
Morrison424362
Nobles407950
Beltrami407561
Steele397616
Polk389072
Becker386555
Lyon363853
Carlton352756
Freeborn346932
Pine335023
Nicollet331045
Mille Lacs311454
Brown307840
Le Sueur297225
Cass286032
Todd285632
Meeker263142
Waseca238023
Martin235032
Roseau211021
Wabasha20783
Hubbard196241
Dodge18773
Renville182446
Redwood176338
Houston174616
Cottonwood167124
Wadena162823
Fillmore157410
Faribault154319
Chippewa153938
Pennington153820
Kanabec146828
Sibley146810
Aitkin138737
Watonwan13579
Rock128719
Jackson122612
Pipestone116626
Yellow Medicine114920
Pope11296
Murray107010
Swift106918
Koochiching95117
Stevens92411
Clearwater89116
Marshall88817
Lake83120
Wilkin83112
Lac qui Parle75622
Big Stone6044
Grant5938
Lincoln5843
Mahnomen5669
Norman5479
Kittson49022
Unassigned48093
Red Lake4017
Traverse3765
Lake of the Woods3453
Cook1720

Iowa Coronavirus Cases

Data is updated nightly.

Cases: 370840

Reported Deaths: 6048
CountyCasesDeaths
Polk58221639
Linn21202339
Scott20303247
Black Hawk16106312
Woodbury15237230
Johnson1461485
Dubuque13505211
Dallas1128899
Pottawattamie11219174
Story1071148
Warren583791
Clinton561493
Cerro Gordo553693
Sioux516974
Webster515194
Muscatine4878106
Marshall486576
Des Moines467271
Wapello4337122
Buena Vista426940
Jasper420972
Plymouth402881
Lee382356
Marion366076
Jones300857
Henry294237
Bremer288161
Carroll286752
Boone268434
Crawford268240
Benton259655
Washington256951
Dickinson249444
Mahaska232352
Jackson225242
Clay216627
Kossuth216166
Tama211871
Delaware210943
Winneshiek198135
Page194522
Buchanan193433
Cedar192223
Hardin187544
Fayette186543
Wright185840
Hamilton181851
Harrison180073
Clayton171057
Butler166135
Madison164619
Mills163724
Floyd163242
Cherokee159438
Lyon158841
Poweshiek157036
Allamakee152752
Hancock150234
Iowa149824
Winnebago144431
Cass139155
Calhoun138913
Grundy137133
Emmet135841
Jefferson133535
Shelby131537
Sac130920
Union129935
Louisa129649
Appanoose129049
Mitchell126643
Chickasaw124717
Franklin123323
Guthrie123132
Humboldt119526
Palo Alto113523
Howard104922
Montgomery103638
Clarke100924
Keokuk96432
Monroe96230
Unassigned9540
Ida91535
Adair87332
Pocahontas85822
Davis85225
Monona82931
Osceola78916
Greene78011
Lucas77923
Worth7598
Taylor66812
Fremont6269
Decatur6169
Ringgold56324
Van Buren56318
Wayne54423
Audubon53511
Adams3444
Rochester
Cloudy
91° wxIcon
Hi: 96° Lo: 66°
Feels Like: 91°
Mason City
Partly Cloudy
79° wxIcon
Hi: 99° Lo: 66°
Feels Like: 82°
Albert Lea
Clear
88° wxIcon
Hi: 93° Lo: 68°
Feels Like: 89°
Austin
Partly Cloudy
93° wxIcon
Hi: 95° Lo: 67°
Feels Like: 94°
Charles City
Partly Cloudy
91° wxIcon
Hi: 94° Lo: 67°
Feels Like: 94°
Strong thunderstorms possible on Thursday
KIMT Radar
KIMT Eye in the sky

Community Events