Diplomats Propose Sanctions Against North Korea
U.S. diplomats at the United Nations want to pass a Security Council resolution containing sanctions against North Korea.
The proposed sanctions come as a result of North Korean claims that they have tested nuclear weapons. They include a trade ban on military and luxury items, the power to inspect all cargo entering or leaving North Korea and the freezing of assets connected with North Korea’s weapons programs.
The country’s neighbors condemn the testing, but North Korea calls the test a “great leap forward” for its people.
President Bush said Monday that North Korea has again “defied the will of the international community,” and that the “international community will respond.”
South Korean President Roh Moo-hyun says the test is a serious threat to regional stability.
Another Nobel for U.S.A.
An American has won the 2006 Nobel Prize in economics.
Edmund Phelps, a 73-year-old Columbia University Professor, receives the prize for showing how low inflation today leads to expectations of low inflation in the future, thereby influencing future decision-making by corporate and government leaders.
This idea challenges the 1960s belief that a stable, negative relationship exists between inflation and unemployment.
In its presentation, the Swedish Academy cited Phelps for his advancement in the understanding of the trade-offs between full employment, stable pricing and rapid growth.
Phelps is now the sixth American to win a Nobel Prize this year. The prizes for literature and peace have not yet been awarded, but all other prizes have also gone to Americans.
South Korean Nominated For U.N. Secretary-General
The U.N. Security Council has officially recommended that the organization’s next secretary-general be South Korea’s current foreign minister.
The nomination came on Monday from the 15-member Security Council, and now it must be approved by the U.N. General Assembly.
If selected, the South Korean, Ban Ki-Moon, will take over for current secretary-general Kofi Annan when Annan’s five-year term expires on January 1.
Speaking in Seoul, Ban Ki-Moon expressed gratitude for the nomination and said he would focus on resolving the crisis over North Korea’s nuclear program.
Spinach Scare Now Lettuce Scare
Reports now say some lettuce grown in California may be contaminated with E-coli.
Just as a nationwide scare concerning E-coli-contaminated spinach is beginning to subside, the Nunes Company in Salinas, California has recalled their lettuce.
Company officials say the lettuce does not appear to have caused any illnesses, unlike the contaminated spinach that led to three deaths.
The recall is voluntary and covers green leaf lettuce purchased last week under the Foxy brand name in grocery stores in Arizona, California, Nevada, Washington, Oregon, Idaho and Montana.