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US slaps new sanctions on North Korean, Chinese companies

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The Trump administration imposed new sanctions on a slew of North Korean shipping firms and Chinese trading companies Tuesday in its latest push to isolate the rogue nation over its nuclear weapons development and deprive it of revenue. The Treasury Department also designated a North Korean corporation involved in exporting workers overseas. The action came a day after the United States returned North Korea to its list of state sponsors of terrorism. “These designations include companies that have engaged in trade with North Korea cumulatively worth hundreds of millions of dollars,” Treasury Secretary Steven Mnuchin said in a statement. “We are also sanctioning the shipping and transportation companies, and their vessels, that facilitate North Korea’s trade and its deceptive maneuvers.” Among the companies targeted were four Chinese-based companies and one Chinese individual said to have deep commercial ties with North Korea. The sanctions were imposed under a Septe...

North Korean soldier shot multiple times in defection attempt

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A North Korean soldier had sped towards the border in a vehicle when a wheel came loose, forcing him to escape on foot under fire from North Korean soldiers who shot around 40 rounds at him. North Korea's military took action when the defector was spotted in the four-wheel drive heading towards the border alone. The soldier shot while defecting to the South had undergone several surgical procedures and was in a critical condition, South Korea's government and military said on Tuesday, with doctors expecting to save him. The soldier took cover behind a South Korean structure within the Joint Security Area (JSA) inside the demilitarized zone between the two Korea's and was later rescued by South Korean and US soldiers at the border, the United Nations Command (UNC) said in a separate statement. The Joint Chiefs of Staff official said he was found collapsed in a pile of fallen leaves and the three South Korean soldiers who rea...