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Mnuchin on sanctions: Do business with U.S. or North Korea, "not both"

Treasury Secretary Steve Mnuchin detailed the intent of Trump's new sanctions on North Korea at the UNGA Thursday. Photo: Alex Brandon / AP

President Trump's executive order issuing new sanctions on North Korea sends a clear signal to foreign financial institutions that they can do business with North Korea or the U.S., "but not both," said Treasury Secretary Steve Mnuchin at the UN General Assembly Thursday. "No bank in any country should be used to facilitate Kim Jon Un's destructive behavior," he said.

Mnuchin disputed that the order targets China, North Korea's largest trading partner: "This action is directed at everyone, it is in no way specifically directed at China... we appreciate the way they're working with us."

Steve LeVine 12 hours ago
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Self-driving lab head urges freeze after "nightmare" fatality

Uber self-driving car in Pittsburgh. Photo: Jeff Swensen / Getty

Carmakers and technology companies should freeze their race to field autonomous vehicles because "clearly the technology is not where it needs to be," said Raj Rajkumar, head of Carnegie Mellon University's leading self-driving laboratory.

What he said: Speaking a few hours after a self-driven vehicle ran over and killed a pedestrian in Arizona, Rajkumar said, "This isn't like a bug with your phone. People can get killed. Companies need to take a deep breath. The technology is not there yet. We need to keep people in the loop."

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Palestinian president calls U.S. ambassador "son of a dog"

Abbas speaks in Ramallah. Photo: Issam Rimawi/Anadolu Agency/Getty Images

Palestinian President Mahmoud Abbas personally attacked U.S. ambassador to Israel David Friedman today, calling him a "son of a dog" during a speech at his Fatah party meeting. The U.S. State Department has condemned his rhetoric as "outrageous and unhelpful."

Why it matters: This is another escalation in Abbas's rhetoric against the U.S. since President Trump's Jerusalem announcement. In another speech two months ago, Abbas went on a personal attack against Trump himself and told him to "go to hell".