N.Korea warns of "actions" if bank squeeze upheld
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North Korean nuclear envoy Kim Kye-gwan warned on Saturday that if the United States failed to lift financial sanctions against it, his country would have to take "corresponding actions" in response.
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Japan on Tuesday warned it might impose sanctions against North Korea after accusing the communist country of failing to properly investigate the fates of Japanese citizens it kidnapped years ago.
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North Korea said the United States had no  right to unilaterally set limits on Pyongyang's nuclear  activities and these "red line" limits could spark a war.
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Destitute North Korea will likely be pushed into famine due to devastating floods this year that wiped out crops and ruined farm land, a South Korean state-run think-tank said on Thursday.
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Japan on Wednesday sought to secure a U.N. Security Council warning to North Korea that there would be consequences if it conducted a nuclear test.
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The U.S. and its allies urged North Korea to act on its pledge to start dismantling its nuclear program after frozen money that had been Pyongyang's main condition to disarm was on its way Friday to the communist nation's accounts.
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North Korea will feel compelled to announce plans for another nuclear test if a financial dispute with Washington is not resolved, a source said on Wednesday, a sign of Pyongyang's impatience with a lack of progress in talks.
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North Korea wants the United States to free its overseas bank accounts and for countries to drop sanctions imposed after Pyongyang tested a nuclear weapon, South Korea's Yonhap news agency on Wednesday quoted its envoy as saying.
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Japan has brushed off a North Korean statement saying it would consider sanctions imposed by Tokyo &quot;a declaration of war,&quot; and renewed calls for penalties on the North for failing to account fully for Japanese citizens it abducted decades ago.
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British finance minister Alistair Darling called Friday for &quot;international action&quot; to confront risks to stability in the banking sector after the bailout of major British mortgage lender Northern Rock.
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The United States warned North Korea Monday of potential economic and political fallout after the Stalinist state failed to meet a year-end deadline to come clean on its nuclear activity.
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Japan's Cabinet will approve plans for a new set of financial sanctions on North Korea in response to the communist nation's missile test in July, a top government spokesman said Monday.
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An external audit of U.N. funds  in North Korea is a hostile maneuver by the United States,  Pyongyang said in a letter to U.N. Secretary-General Ban  Ki-moon circulated on Thursday.
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South Korea's president warns against confronting North Korea, as pressure builds in Japan for sanctions.
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Economic sanctions against North Korea  are "one option," but care is needed in deciding whether to  take that step, Japanese Foreign Minister Nobutaka Machimura  said on Thursday, a day after Pyongyang warned Japan that  imposing sanctions would be tantamount to war.
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Japan threatened retaliation against North Korea such as cutting off economic ties unless the communist state returned Japanese people it has kidnapped or gave a "sincere response" on their fate.
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North Korea will feel compelled to  announce plans for another nuclear test if a financial dispute  with Washington is not resolved, a source said on Wednesday, a  sign of Pyongyang's impatience with a lack of progress in  talks.