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U.S. Sanctions North Korea After Russia, China Veto Bid at UN

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The United States has imposed new sanctions targeting North Korea following its renewed ballistic missile launches. The U.S. Treasury Department levied sanctions Friday against two Russian banks, a North Korean company and a person it accused of supporting the North’s weapons program. The department said it was criminalizing any transactions with certain Russian banks, including the Far Eastern Bank and Bank Sputnik. Senior Treasury official Brian Nelson said the banks were targeted as they “knowingly provided significant financial services” to the North, formally known as the Democratic People’s Republic of Korea. The department also sanctioned a trading company affiliated with…

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