Economics

UN Approves New North Korea Sanctions, Stopping Short of Oil Embargo

  • Resolution seeks to cut petroleum imports, ban textile exports
  • U.S. dropped bid to ban all oil imports, freeze Kim’s assets

Nikki Haley Says N. Korea Sanctions Will Cut Deep

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The United Nations Security Council approved new sanctions aimed at punishing North Korea for its latest missile and nuclear tests after the U.S. dropped demands such as an oil embargo to win support from Russia and China.