Has passed biting new sanctions on north korea that will cut oil supplies vital for pyongyangs missile and nuclear programmes. With chinas backing, the council in new york voted unanimously to adopt the us drafted resolution. The sanctions also force north koreans working overseas to return home cutting off another revenue stream for kim jong uns regime. The bbcs nada tawfik is at the un. This is the 10th Security Council resolution imposing sanctions on north korea. None before it has convinced kim jong un to abandon his nuclear programme, but diplomats hope this resolution will bite hard enough to change the regimes calculus or at the very least, restrict its ability to carry out Additional Nuclear and missile tests. President trump specifically asked president xi of china to cut oil to pyongyang, believing it would be a pivotal step. According to the united states, north korea imported 4. 5 Million Barrels of Refined Petroleum in 2016. This resolution now caps it to 500,000 barrels
On north korea that will cut oil supplies vital for pyongyangs missile and nuclear programmes. With chinas backing, the council in new york voted unanimously to adopt the us drafted resolution. The sanctions also force North Koreans working overseas to return home cutting off another revenue stream for kim jong uns regime. The bbcs nada tawfik is at the un. This is the 10th Security Council resolution imposing sanctions on north korea. None before it has convinced kim jong un to abandon his nuclear programme, but diplomats hope this resolution will bite hard enough to change the regimes calculus or at the very least, restrict its ability to carry out Additional Nuclear and missile tests. President trump specifically asked president xi of china to cut oil to pyongyang, believing it would be a pivotal step. According to the united states, north korea imported 4. 5 Million Barrels of Refined Petroleum in 2016. This resolution now caps it to 500,000 barrels a year a nearly 90 cut to a vita
Getting a sense of where the chinese economy is heading, december pmi from the private side ties shin. This is the third couple of days we have had the numbers that of the official stat bureau. 9574 on the bloomberg terminal. You can see where we have come from the dark days of 2008 when everything fell off a cliff. 51. 6. I here, that number came in and the other day. 50. 8 whiching at reflects what is going on with the small and mediumsized enterprises. Showing we have growth and it is steady as you go for the time being. Untilutes ago to go trading in hong kong and 45 minutes until the thai shin numbers came out. A late opening today because of a big ceremony going on in the korean stock exchange. Fort of news to digest those market participants. Good morning. As seoul gets back online, quite a bit for markets to consider. Kim jonguns new years eve address. We have the latest data points for south koreas showing exports rose to a 60 year high. We are seeing it gaining about one thir
Foreign ministers from 20 countries have been meeting in canada to try to exert concerted pressure on north korea to give up its nuclear ambitions. The group is made up solely of countries which were involved in the korean war more than half a century ago, but two Key International players, north koreas neighbours russia and china, are not there. At a news conference, Rex Tillerson said the us is open to talks with north korea but only if it stops its threatening behaviour. The United States has always been open to clear messages with north korea, and we have sent north korea clear messages that we are ready for serious negotiations. North korea knows that channels are open and they know where to find us. But a sustained cessation of north koreas threatening behaviour is necessary. Is a necessary indicator of whether the regime is ready to pursue a peaceful diplomatic resolution to the Security Threat that it has created. Our nations must remain united on sustaining pressure until nort
Foreign ministers from 20 countries have been meeting in canada to try to exert concerted pressure on north korea to give up its nuclear ambitions. The group is made up solely of countries which were involved in the korean war more than half a century ago, but two Key International players, north koreas neighbours russia and china, are not there. At a news conference, Rex Tillerson said the us is open to talks with north korea but only if it stops its threatening behaviour. The United States has always been open to clear messages with north korea, and we have sent north korea clear messages that we are ready for serious negotiations. North korea knows that channels are open and they know where to find us. But a sustained cessation of north koreas threatening behaviour is necessary. Is a necessary indicator of whether the regime is ready to pursue a peaceful diplomatic resolution to the Security Threat that it has created. Our nations must remain united on sustaining pressure until nort