Word: embargo
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HAITI. Clinton made his first post-trip appearance to announce more sanctions on Haiti's military bosses: a freeze on financial transactions between the U.S. and Haiti and a ban on airline flights beginning June 25. These steps are in addition to an ever tightening trade embargo on all imports but food and medicine. These pressures, Clinton said, are aimed at a "solution where the coup leaders step down...
...Japanese publicly vowed to go along with any sanctions decided by the U.N. Privately, though, Tokyo is suggesting that the process be drawn out, ! beginning with another warning to Pyongyang, followed by minor sanctions. Only then would Japan move to a full embargo, including a halt to the hundreds of millions of dollars in remittances that North Koreans in Japan send home each year...
...officially began the drive today for sanctions against North Korea, proposing an arms embargo in the United Nations. But the move stopped well short of using the biggest sticks against Pyongyang. Not included in the sanctions: shutting off oil exports to the country, as well as halting the flow of funds from Korean expatriates living in Japan, a major source of Pyongyang's foreign currency. Even as the U.S. initiated the lengthy process of imposing an international reprimand, North Korea suddenly appeared more accommodating. The Communist regime feted former President Jimmy Carter in the capital. And at least...
...Moscow, President Boris Yeltsin told visiting South Korean President Kim Young Sam he would consider approving an embargo if diplomatic efforts failed. But his first choice was a summit meeting in which the inspection issue would be negotiated -- and Russia could win some international prestige. The U.S. insists that the Security Council is the appropriate forum for such discussions...
...sanction that would most undercut the Kim regime is also the most provocative: an oil embargo. North Korea imports almost 75% of its petroleum products from China. If oil were cut off, the army would stop running. But China frowns on sanctions of any sort, and would hardly agree to halt the petroleum flow. Even if Beijing ordered a cutoff, Chinese businessmen along the long border are doing such a profitable business with North Korea that they might be inclined to ignore the embargo order...