Germany working on new N. Korea sanctions over nuclear threat - BBG

Bloomberg out with the headlines first reported by Sueddeutsche Zeitung late-Tuesday, noting that German government is working on sanctions against North Korea in response to its nuclear threats.

According to an official from the German Foreign Ministry said that the new measures, drawn up between the Chancellery and three other ministries, aims to stop North Korea’s embassy in Berlin from operating a hostel and congress center on its premises as a source of foreign currency.