North Korea has enshrined in its constitution its right to maintain and develop nuclear weapons.
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As North Korea awaits the United Nations' response to its purported first H-bomb test, Washington is believed to be floating measures that could cause it some serious problems.According to some, such measures, if strictly implemented, could together be harsh enough to destabilize North Korea's ruling regime – and that's exactly why it would be a big surprise if they are on the U.N.'s final list.Even so, despite a plethora of sanctions and resolutions that have been thrown at North Korea since its first nuclear test in 2006, Kerry is correct in suggesting that far more action could be taken through sanctions and an enhanced effort to ensure they are strictly enforced by punishing North Korea's "enablers" – who are mostly seen as Chinese businesses, state enterprises and entrepreneurs.Legislation recently passed by the House of Representatives targets any country, business or individual that materially contributes to North Korea's nuclear and ballistic missile development, exports luxury goods to North Korea or engages with Pyongyang in money laundering, the manufacture of counterfeit goods or narcotics trafficking.The bills reflect a shift in focus in Washington toward what is known as the "weaponization of finance," shutting businesses that deal with the North out of the U.S. financial system and in effect making it impossible for them to make transactions in U.S. dollars.
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