North Korea Threatens to Resume Nuclear Program, Slams Sanctions
(Bloomberg) -- North Korea stepped up its attack on U.S.-led sanctions, threatening to resume its nuclear program if the measures aren't lifted.
The Foreign Ministry's Institute for American Studies said it could revive its policy of economic construction and nuclear development if sanctions continue. The U.S. “had better stop the self-destructive act of putting pressure” on the North, the Korean Central News Agency cited director Kwon Jong Gun as saying.
The measures hamper South Korea from pursuing cooperation projects with the North, according to the institute in a statement late Friday. That echoes North Korean leader Kim Jong Un's recent comments, saying that “vicious” sanctions stand in the way of promoting the country's development and lead instead “to change and submission.”
The remarks come a week before a planned meeting between U.S. Secretary of State Michael Pompeo and North Korean official Kim Yong Chol to discuss details of a potential second summit between Kim and President Donald Trump. Pompeo and Kim will likely be accompanied by special envoy Stephen Biegun and North Korea's Choe Son Hui, South Korea's Hankyoreh reported.
Hours after the statement was released, satellite imagery seen by 38 North suggested that North Korea is continuing uranium mining and milling operations at one of the country's largest declared uranium ore concentrate facilities.
To contact the reporter on this story: Jihye Lee in Seoul at jlee2352@bloomberg.net
To contact the editors responsible for this story: Chua Baizhen at bchua14@bloomberg.net, James Poole, John McCluskey
©2018 Bloomberg L.P.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.