North Korea has slammed the U.S.’s plan to impose additional financial sanctions on it as well as the ongoing joint U.S.-South Korea naval exercises, the Korea Times reports. North Korean diplomat Ri Tong Il said the exercises were in contrast to a U.N. Security Council statement calling for peace and security in the Korean Peninsula. South Korean Foreign Minister Yu Myung-hwan rejected its neighbor’s demands, noting that North Korea should undertake sincere denuclearization measures if it wants to resume international nuclear talks.

About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.