The United States has imposed sanctions on three North Korean firms and two individuals that have attempted to generate revenue for the autocratic regime's unlawful weapons of mass destruction (WMD) and ballistic missile programs.
The companies targeted by the Department of the Treasury's Office of Foreign Assets Control (OFAC) are Chilsong Trading Corporation, Korea Paekho Trading Corporation and Congo Aconde SARL. pursuant to Executive Order (E.O.) 13687 for being agencies, instrumentalities, or controlled by the North Korean Government. OFAC also designated Hwang Kil Su and Pak Hwa Song. Song is the owner of Congo Aconde.
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Political News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.