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zerohedge.com / by Tyler Durden / Mar 21, 2017 3:59 PM
In the latest troubling development to come out of North Korea’s increasingly irrational leadership, Reuters reports that the communist country has nothing to fear from any U.S. move to broaden sanctions aimed at cutting it off from the global financial system and will pursue “acceleration” of its nuclear and missile programs, according to a Pyongyang envoy. This includes developing a “pre-emptive first strike capability” and an inter-continental ballistic missile, according to Choe Myong Nam, deputy ambassador at the DPRK (North Korean) mission to the United Nations in Geneva.
The latest development follows a previous report also from Reuters, in which it said the Trump administration is considering sweeping sanctions as part of a broad review of measures to counter North Korea’s nuclear and missile threat. “I think this is stemming from the visit by the Secretary of State (Rex Tillerson) to Japan, South Korea and China…We of course are not afraid of any act like that,” Choe told Reuters.
“Even prohibition of the international transactions system, the global financial system, this kind of thing is part of their system that will not frighten us or make any difference.” He called existing sanctions “heinous and inhumane”.
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