US Slaps Sanctions On North Korea After Sony Cyberattack
wiredmikey writes: The United States imposed financial sanctions Friday on North Korea and several senior government officials in retaliation for a cyber attack on Sony Pictures. President Obama said he ordered the sanctions because of "the provocative, destabilizing, and repressive actions and policies (PDF) of the Government of North Korea, including its destructive, coercive cyber-related actions during November and December 2014." The activities "constitute a continuing threat to the national security, foreign policy, and economy of the United States," he added, in a letter to inform congressional leaders of his executive order. The new measures allow the Treasury Department "to apply sanctions against officials of the Government of North Korea and the Workers' Party of Korea, and persons determined to be owned or controlled by, or acting for or on behalf of" these bodies.
I really look forward to similar language being used by foreign countries that the US got caught spying and hacking on and the ensuing financial sanctions against the US as well.
By what authority does the president impose sanctions?
We're bigger than they are. Alternately, you can invoke any particular deity, the gold standard, the Smoot-Hawley act or just being in a bad mood.
Faster! Faster! Faster would be better!
"You can't believe everything you read on the internet"
-Abraham Lincoln
I'm confused. When did we discover oil in North Korea?