U.N. moves to punish Pyongyang as rival Koreas meet

looks like sanctions are going to be leveled against North Korea , then I guess that North Korea will call this an act of war ?

SEOUL (Reuters) - World powers moved closer to punishing North Korea with new sanctions for its nuclear test while envoys from the reclusive communist state held talks with South Koreans on Thursday over a troubled joint factory park.

The draft U.N. Security Council resolution, written by the United States and endorsed by the four other permanent members plus Japan and South Korea, aims to hit the North's meager overseas finances and could be voted on by as early as Friday.

The resolution, if adopted, is likely to draw sharp rebuke from the prickly North, which threatened to test-fire an intercontinental ballistic missile unless the Security Council apologizes for punishing it for an April rocket launch widely seen as a disguised long-range missile test.

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