Will Kim Jong Il ever back down?

The sinking of a South Korea naval ship in March has prompted the U.S. to announce stringent new sanctions on North Korea. Is that punishment enough? 

Kim Jong-Il.
(Image credit: Corbis)

Secretary of State Hillary Clinton has announced a slew of fresh U.S. sanctions against North Korea, which continues to deny responsibility for the sinking of the South Korean warship, Cheonan, that left 46 South Korean sailors dead this March. The expanded American sanction plan will, among other things, target counterfeiting and sales of contraband, and freeze assets of senior authority figures in North Korea. Though Clinton says sanctions would be lifted if Kim Jong Il accepts blame for the Cheonan incident, and makes steps towards "irreversible denuclearisation," few experts expect him to capitulate. How can the U.S. solve a problem like North Korea? (Watch an AP report about the new sanctions)

The U.S. must give these sanctions real teeth: The only successful U.S. sanction to date came in 2005 when the Macau-based Banco Delta Asia was singled out as a "primary money-launderer of North Korean illicit assets," says Howard LaFranchi at The Christian Science Monitor. That prompted a "wave of cooperation" around the world, and North Korea resumed talks over its nuclear capabilities. Clinton must ensure the new sanctions include similarly "serious financial measures."

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