GENEVA (Sept 12): North Korea on Tuesday rejected a U.N. Security Council resolution imposing tougher sanctions and said the United States would soon face the "greatest pain" it had ever experienced. The Security Council unanimously stepped up sanctions against North Korea on Monday over the country's sixth and most powerful nuclear test, imposing a ban on its textile exports and capping imports of crude oil. "My delegation condemns in the strongest terms and categorically rejects the latest illegal and unlawful U.N. Security Council resolution," Pyongyang's ambassador, Han Tae Song, told the U.N.-sponsored Conference on Disarmament in Geneva. North Korea was condemned globally for its latest nuclear test on Sept 3, which it said was of an advanced hydrogen bomb. "We call on all countries to vigorously implement these new sanctions and all other existing sanctions," he added.

Source: The Edge Markets September 12, 2017 11:03 UTC