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US slaps sanctions on North Korean banks, executives

WASHINGTON — The US imposed sanctions on eight North Korean banks and 26 executives on Tuesday, ratcheting up pressure on the country amid increasingly bellicose exchanges with Pyongyang over its nuclear program.

“This further advances our strategy to fully isolate North Korea in order to achieve our broader objectives of a peaceful and denuclearized Korean peninsula,” US Treasury Secretary Steven Mnuchin said in a statement.

Read more at Times of Israel

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