Donald Trump's Twitter attack on Theresa May 'misinterpreted' - U.S. envoy
Iran President Due in Istanbul to Attend OIC Summit on Al-Quds
1 magnitude quake strikes near major city
United States soldier who drunkenly deserted to North Korea dies
Supreme Court Won't Hear Case Seeking Title VII Protection for Gays
China Willing to Pay the Price of North Korea Sanctions
13 August 2017, 09:05 | Terri Saunders
Ahn Young-joon South Korea Holds Live Fire Drills Near Western Border With North Korea
The UN Security Council on Saturday imposed its toughest round of sanctions yet against Pyongyang over its two intercontinental ballistic missile tests in July.
Asked about whether the latest round of sanctions against Pyongyang will have the desired effect, given North Korea's race toward nuclear development and the time it takes for sanctions to kick in, Tillerson said that "when do these actually have a practical bite on their revenues. the more important element of that is just the message that this sends to North Korea of how unacceptable the entire worldwide community finds what they're doing to be". He says the North is "ready to teach the US a severe lesson with its nuclear strategic force".
The White House later issued a statement saying the two leaders were "committed" to the sanctions and urged other nations to follow suit to combat the "grave and growing direct threat" North Korea poses to the "United States, South Korea, and Japan, as well as to most countries around the world".
Tillerson says, "We'll know it when we see it".
In a transcript of a statement by Foreign Minister Ri Yong-ho, which was distributed to media in Manila, Pyongyang called new United Nations sanctions "fabricated" and warned there would be "strong follow-up measures" and acts of justice.
The US fears North Korea may one day use its missiles to deliver a nuclear payload to its west coast.
China's new-found cooperation came after the UN Security Council on August 5 imposed sweeping new sanctions on North Korea.
Last month, North Korea tested two ballistic missiles capable of reaching the United States.
Trump tells China: Probe into trade practices coming
Pyongyang this week threatened to fire missiles near the US territory of Guam during an exchange of bellicose rhetoric with Trump. It wasn't immediately clear how China would react to the move. "If China helps us, I feel a lot different towards trade".
The U.S. -sponsored sanctions approved unanimously Saturday by the U.N. Security Council target already-meager North Korean exports such as coal, iron, lead and seafood, as well as revenue streams such as foreign joint ventures.
However, Tillerson is expected to meet with Russian Foreign Minister Sergei Lavrov and his Chinese counterpart Wang, who are both perceived by Washington to be players in the North Korean issue. He says the only way that would change is if another country joined in an American action against North Korea.
Within the framework of the resolution, the United Nations members would not be available to open joint ventures or cooperative entities with North Korean entities or individuals, as well as not to increase the number of North Korean workers already engaged in the projects on the territories of the member states.
Indeed, the US was floating a proposal to temporarily kick North Korea out of the 27-member Association of Southeast Asian Nations Regional Forum, although other member nations are divided about that idea.
"(The ARF) was a venue where North Korea could keenly feel how isolated its diplomatic position is. Kang is thanking the USA for consulting with South Korea on the sanctions.
Susan Thornton is the top US diplomat for Asia.
"Do not violate the U.N.'s decision or provoke worldwide society's goodwill by conducting missile launching or nuclear tests", Wang said he told North Korea's Ri.
The meeting comes as the USA and Asian nations join together to try to step up Pyongyang's economic and diplomatic isolation.
Tech companies lead worst day for stock market since May
Wilmar International slipped 6.4 per cent or 22 cents to $3.20; Hongkong Land lost 2.1 per cent or 16 U.S. cents to US$7.34. The major index futures are now pointing to a modestly higher open for the markets, with the Dow futures up by 21 points.
North: Media to Partly Blame for Escalating US-N. Korea Tension
His visit came the day after President Trump said North Korea would be met with "fire and fury" in the event of a nuclear attack. Tensions have escalated rapidly in recent weeks after North Korea tested two intercontinental ballistic missiles in July.
Giroud's late goal powers Arsenal past Leicester City
Aaron Ramsey came off the bench to level with eight minutes remaining before Giroud wrapped up the points. Alexandre Lacazette gave Arsenal an early lead before Shinji Okazaki and Jamie Vardy put Leicester ahead.
Gold Inches Toward $1300 Ahead Of Inflation Data
The Nasdaq Composite, meanwhile, was facing its worst week since the one ended December 2, which logged a loss of just over 2%. Investors await the headline U.S.consumer inflation data for July for more clues about future Fed decisions.
Game Over at Emirates! Arsenal 4-3 Leicester
Asked if Giroud could still leave before the transfer window closes on August 31 until January, Wenger replied: "No". Obviously I'm still getting used to the English game, the positives and negatives, shall we say, but I'm learning".