North Korea has denounced the latest round of sanctions placed on it by the UN Security Council as a “hostile act,” and will continue developing its nuclear arsenal at a rapid pace, a foreign ministry spokesman said.  The UN Security Council unanimously adopted a resolution expanding sanctions on the isolated Asian country on Friday, adding 18 individuals and

organizations linked to the North Korean government to an ever-growing blacklist.  But the North Korean government denounced these latest sanctions as “a crafty hostile act with the purpose of putting a curb on the DPRK’s [Democratic People’s Republic of Korea] buildup of nuclear forces, disarming it and causing economic suffocation to it,” Reuters quoted the foreign ministry spokesman as saying on Sunday, in a statement carried by the official KCNA news agency. READ MORE