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Bloomberg Quicktake: Now published this video item, entitled “U.S. Hits North Korea With Sanctions After Missile Test” – below is their description.
The Biden administration on Wednesday slapped sanctions on five North Korean officials in its first response to Pyongyang’s latest ballistic missile test.
The Treasury Department announced it was imposing penalties on the officials over their roles in obtaining equipment and technology for the North’s missile programs. In addition, the State Department ordered sanctions against another North Korean, a Russian man and a Russian company for their broader support of North Korea’s weapons of mass destruction activities.
The moves came just hours after North Korea said its leader Kim Jong Un oversaw a successful flight test of a hypersonic missile on Tuesday that he claimed would greatly increase the country’s nuclear “war deterrent.”
One of the five North Koreans targeted by Treasury is based in Russia, while the other four are based in China. All are accused of providing money, goods or services to North Korea’s Second Academy of Natural Sciences, which Treasury says is heavily involved in the country’s military defense programs.
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About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes Tibet and Hong Kong. The capital is Beijing.
Kim Jong-un is a North Korean politician who has been the supreme leader of North Korea since 2011 and leader of the Workers’ Party of Korea since 2012. He is the second child of Kim Jong-il, who was North Korea’s second Supreme Leader from 1994 to 2011, and Ko Yong-hui.
Russia, or the Russian Federation, is a transcontinental country located in Eastern Europe and Northern Asia. It extends from the Baltic Sea in the west to the Pacific Ocean in the east, and from the Arctic Ocean in the north to the Black Sea and the Caspian Sea in the south.
Russia spans more than one-eighth of the Earth’s inhabited land area, stretching eleven time zones, and bordering 16 sovereign nations. Moscow is the country’s capital.
The Soviet Union was dissolved in 1991 and since 1993 Russia been governed as a federal semi-presidential republic. Russia is a major great power, with the world’s second-most powerful military, and the fourth-highest military expenditure. As a recognised nuclear-weapon state, the country possesses the world’s largest stockpile of nuclear weapons.