United Nations Unanimously Approves New Sanctions On North Korea

Tyler Durden's picture

The UN Security Council has unanimously voted to step up sanctions on North Korea in retaliation for the country’s recent sixth and most powerful nuclear test. The 15-member Security Council passed the resolution unanimously, with both China and Russia siding with the US against North Korea, which however should not come as a surprise because as previewed this morning, the US drastically watered down its original sanctions proposal, which now excludes Trump's prior demands for an oil import ban as well as international asset freeze on the government and leader Kim Jong Un, in order to win the support of Moscow and Beijing. This was the ninth sanctions resolution unanimously adopted by the 15-member council since 2006 over North Korea’s ballistic missile and nuclear programs.

Despite the compromises, U.S. Ambassador Nikki Haley said the resolution would cut North Korean exports by 90% and reduce the refined products available to North Korea by 44% and fuel by 30%. “Today we are saying the world will never accept a nuclear armed North Korea,” she said. “This will cut deep.”

Well, not really: the resolution slashes 55% of the country’s gas, diesel and heavy fuel imports, imposing a ban on condensates and natural gas liquids, a cap of 2 million barrels a year on refined petroleum products, and a cap on crude oil imports at current levels, in other words N.Korea's oil flow remain untouched (as a reminder, China supplies most of North Korea’s crude). According to US officials quoted by Reutrs, North Korea imports some 4.5 million barrels of refined petroleum products annually and 4 million barrels of crude oil.

The new resolution also will impose an embargo on all textile trade and require inspections and monitoring of North Korea’s sea vessels by member states, but doesn’t provide for the use of military force to gain access to the ships.

According to the WSJ, a proposed ban on North Korean foreign workers, a source of an estimated $1 billion in annual revenue to the regime, also was reworded to allow countries to employ North Korean nationals if deemed vital for humanitarian reasons. It also doesn’t apply to workers who hold contracts taking effect before the adoption of the resolution.

Previously, China and Russia - veto-holders on the 15-member Security Council - had voiced opposition to harsher measures and threatened to block the vote if the ban on oil remained. China is reluctant to pressure the North Korean regime to the brink of collapse fearing instability at its border, a flow of refugees and a possible American military presence. Both Russia and China have said they favor direct talks and not sanctions.

Nikki Haley said that the sanctions will target $1.3 billion in North Korea revenue. The US ambassador to the UN added that the "strong relationship between Trump and Xi played a key role in negotiating the new UN sanctions", or translated: China imposed its terms on the US proposal so that China would note veto the mostly optical measure, to avoid making Trump look weak again in the UN. She also said that the US is "not looking for war" with North Korea, and added that North Korea has not yet "passed the point of no return." That said, by now it is completely unclear just what would entail passing said "point of no return."

After a week of intense negotiations, a unanimous Security Council vote against North Korea was viewed as politically more important than a strong U.S. stand that risked division, diplomats said. “Any perception of weakness on the side of the Security Council would only encourage the regime to continue its provocations and objectively create the risk of an increasingly extreme situation,” said France’s Ambassador François Delattre.

Of course, further provocations by the regime at this point remain all too likely. And so, now attention turns to Pyongyang and North Korea's response: overnight, the state-run KCNA agency unleashed numerous warnings and threats toward the US should the sanctions pass.  “In case the U.S. eventually does rig up the illegal and unlawful ‘resolution’ on harsher sanctions, the DPRK [North Korea] shall make absolutely sure that the U.S. pays due price,” the spokesman of the country’s Foreign Ministry said in a statement.

However, it is unclear if these drastically watered down sanctions, which have China's explicit blessing, will be sufficient to prompt another ICBM launch and/or nuclear test. In any case, keep an eye on those flashing red headlines.

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lester1's picture

Rumor has it the Norks have their own HAARP weather modification system.

Slippery Slope's picture

Hurricane Kim coming soon.

BurningFuld's picture

Kim was waiting for this so he could launch his next missile over Japan.

07564111's picture

that's because he has no problem getting fuel ;)

greenskeeper carl's picture

I have no doubt this will be just as succesful as the rest of our sanctions against kim have been. As in, not at all. Pretty much never, in our history, but they do serve an important purpose - further the march towards war. Must. Have. Moar. War.

NotApplicable's picture

Must keep the masses fearfully distracted.

Mr 9x19's picture

by playin a game of kim fighter 2. an ol' classic.

old naughty's picture

UNanimous, wow.

Guess it must keep the kabuki IN te res ting...duh !

beemasters's picture

This only proves the world is still ruled by the big boys.

gatorengineer's picture

Bigger bag of wind

<Trump

<Tropical Hype Job IRMA

lester1's picture

Sanctions will never work. They didn't work on Saddam, or on Iran. China will cheat on the sanctions anyway.

 

Trump needs to cut the USAF loose and preemptively use the top secret TR3b aircraft, and use several EMPs to take out the fat Kim once and for all. Liberate 25 million slaves suffering living in North Korea!!

Laughing.Man's picture

It also didn't work on India and Pakistan.

JackT's picture

The disease and slaves will bankrupt any nation (or nations) will to help. Very sad.

earleflorida's picture

nikki the whore is a punjab, indian --- you heard that right--- she's an anchor baby--- you heard that right--- her parents back-door'd`in through canada--- you heard that right--- brzezinski did the same shit--- via canada--- they all come in from canada and get control of high-political ussa policy--- why is that?

Note: it was brzezinski that carter took advise from keeping cyrus (sos) vance out of the loop, giving punjab, pakistan the a.q. khan atomic bomb as reagan agreed upon when the batton was passed--- all this as a covert op, to give the ussr 'our vietnam' american style,...as brzezinksi said!?!

MozartIII's picture

"Trump needs to cut the USAF loose and preemptively use the top secret TR3b aircraft, and use several EMPs to take out the fat Kim once and for all. Liberate 25 million slaves suffering living in North Korea!!" 

 

You are so concerned about the poor North Koreans, so you want the USAF to kill them, what a fucking humanitarian......

Then cue the 6000-missile attack on South Korea, Vietnam & Japan. Missiles bought by North Korea from India. Nukes, maybe or maybe not!

China & Russia to follow! Welcome to WW3. All for some piss ant country that doesn't matter to anyone. Hope you or your kids are volunteering to die for the banks. Are you some pansy senator's son???????

Take your John McCains with you to fight!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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india

 

 

 

 

 

 

 

 

 

 

korea

lester1's picture

Do a little research on what an EMP bomb does before opening your mouth and making a fool of yourself. 

matermaker's picture

There has never been an EMP bomb.  We only disovered the science when we were testing H bombs and it blacked out Hawaii.  The only real way we can relate to an EMP is from the Carrington Event in the 1800s and a few later solar flares.  Half of the effect of one is dependent on things like the orientation of the Earth's magnetic field.

ZH failed to mention their OTHER article that said NORK has enough oil stored up to make an embargo moot.  Or the one that mentioned that China and Russia are already [in theory] cooperating with cutting off a third of their 9 billion in trade exports.  This would make 4, or half.  Lil Kim will feel the pressure.  How many times do China and Russia vote with the US in the UN without any complaint?  This is not Japan in the 1940s on whom we imposed an oil embargo upon and started WWII.

malek's picture

You have no clue what you're talking about.

My physics professor explained to us how to create the highest magnetic flux density possible. Close to 1 T (unit name is Tesla) you can reach with reusable coils, more than that you need to use explosives in one way or another to create a one-time short pulse of up to 10 T.

subversion's picture

The only reason America cares now about NK is their new opium crops they started flooding the market with. This is hurting the US militray run Afghan crops that help keep the economy afloat.

Sanctions don't hurt drug sales.

matermaker's picture

First, Noth Korea isn't a good place to grow opium poppies.  ...or much of anything.   Second, the Pharma industry would much rather make opiates than allow the CIA to sell more than they do.  Thrid, any junkie on the planet would rather take one pill or patch than fuck with a rig to cook the shit and maybe float a bubble.   Shut your hole with illogical stuff.

MozartIII's picture

Oh noes. They're going to get it now.....  How do you get involved in the black market supply industry again?????  How many US companies will be involved??? Gues we will find out in 10 or so years.

JohninMK's picture

Job done. New MIC contracts underway. Cheques or job offers sorted.

Rinse and repeat in say 5 years.

c2nnib2l's picture

I was always curious about this thing. is this thig real ?

 

The Gray Man's picture

One shred of evidence, please.

HRClinton's picture

Honest headline: "UN approves path to NK's Rothschild Global-lust(TM) bank"

smallbedbug's picture

something wicked comes this way..world war 3.

c2nnib2l's picture

Bend the Knee Nikki ! 

lester1's picture

Kim called Nikki a prostitute. Lol

saldulilem's picture

Uh-oh, greatest pain and suffering coming

Normalcy Bias's picture

Well, I hope everyone feels better now.

Of course China would NEVER play both sides with this.

AllStarInvestor's picture

get ready for a temper tantrum missile launch

equity_momo's picture

From the US? 

Kim just walked away laughing whilst US looks like cucks.

The Gray Man's picture

Your worship of Kim really weirds me out. How does his dick taste?

equity_momo's picture

Tastes like your Wifes asshole. Kim enjoyed the 3 way - we left her at Walmart she said she needed to pick you up a coloring book.

Sudden Debt's picture

YES! WE SHOULD SHUT DOWN THE UN ASAP!!

worthless piece of crap.

NOBODY WANTS OR NEEDS WAR!

RawPawg's picture

Seriously?

Just how many Entities are there on a Sanction list?

Kimbo should have lost all rights to his left nut by now...geesh

Mena Arkansas's picture

I unanimously approve of re-patriating Nikki Randhawa Haley back to her homeland in the Punjab.

DRTexas's picture

And; If there are any more launches, we will send another strongly worded letter.

Drop-Hammer's picture

Yeah, that'll work.

ThrowAwayYourTV's picture

North Korea thought it was funny messing with the U.S. Japan and South Korea.

Now they have the whole UN and its members in their face. When the UN gets serious, its serious. We will see how many friends you have in NK soon Kim. My guess is probably not too many.

 

 

shovelhead's picture

Yes.

When the UN gets serious, they talk a lot and publish a bullshit paper or two to let you know they're serious.

Seriously serious. And when that happens they pass a serious resolution stating how serious they view the problem.

buzzsaw99's picture

it was barzini (china) all along.  the only way to respond to this is to nuke arm japan to the teeth and aim them at china and the norks.  start by test firing some shit from japan over nork.

Catahoula's picture

Spray the AO on heavy

saldulilem's picture

It's guys like you Nikki !

BarkingCat's picture

Holy fucking shit..A blast all the ways from Reagan days.

youngman's picture

SAnctions are not going to work..they dont do anything in NK to sanction....less gas..like the average Joe over there has a car or two...

buzzsaw99's picture

china will sign off on sanctions meanwhile they have had chinese nuke scientists and engineers in nork for decades.  nork provocations originate in china.

indygo55's picture

No. Bad idea. Play the slow burn. The usa is imploding as we speak. The Chinese yuan gold trade contract is about 10 nails in the coffin of the dollar which is the beating heart of the western cabal. These UN sanctions are all show and no go. The US dollar is toast. No more debt ceiling? Gee, ya think that's a vote of confidence? Who's gonna buy treasures now? Brussels?  Tokyo? London? 

redmudhooch's picture

Ahhhhh, the anti-American injun zio-slut at it again?

Hey Nikki, United Nations Unanimously Approves MAGA!

Zio-Slut!