Merkel Calls For More Sanctions on North Korea

German Chancellor Angela Merkel has urgently called for more sanctions over North Korea.In a parliamentary address Tuesday, Merkel said she would meet with European Union (EU) foreign ministers this weekend to discuss ramping up sanctions against the rogue state, which launched its latest and most powerful nuclear test on Sunday.”North Korea’s nuclear tests are a flagrant violation of all international conditions,” Merkel told the Bundestag lower house of parliament.She insisted that sanctions, which would curtail trade with the closed state, rather than conflict, would be the best way to end provocations by President Kim Jong Un.

Source: Angela Merkel: More North Korea sanctions ‘required urgently’ – CNBC

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Craig Erlam

Craig Erlam

Senior Market Analyst - UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a Market Analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam