U.S., partners target North Korea with sanctions following satellite launch

News Snapshot:

The United States on Thursday targeted North Korea with fresh sanctions after its launch of a spy satellite last week, designating foreign-based agents it accused of facilitating sanctions evasion to gather revenue and technology for its weapons of mass destruction program. The U.S. Treasury Department in a statement said it also applied sanctions to cyber espionage group Kimsuky, accusing it of gathering intelligence to support North Korea’s strategic and nuclear ambitions. Thursday’s action, taken in coordination with Australia, Japan and Korea, comes after North Korea last week successfully launched its first reconnaissance satellite, which it has said was designed to...