korea was named as a top source of money laundering and terrorist financing by the g seven financial action task force so if this is true does it bend mean that sanctions on pyongyang to date haven't been effective. that is one of the major criticisms of what we haven't seen so far obviously is the government in north korea to give up its nuclear program which is ostensibly the aim of these sanctions proponents of even greater sanctions also say that some of these new sanctions amount to little more than a per beale whack a mole game targeting individual ships when sanctions should really be going after some of these international financial networks that are still connected to the government there josh we're seeing the u.s. try to further isolate pyongyang economically but north and south korea do appear to be seeking some form of common ground we saw this the winter olympics is going to complicate how washington then deals with kenya it does certainly set the tone now as we come to the end of the winter olympics in south korea which the government here had been hoping would lead to some kind of broad

korea was named as a top source of money laundering and terrorist financing by the g seven financial action task force does this pay of sanctions on pyongyang today's happened been effective and off that is one of the major criticisms one of course being that despite the increasing pressure there is no signals from pyongyang that it intends to give up its nuclear program which is the point of all these sanctions in the first place you have proponents however of the same chanst say that while they welcome these latest moves they are not enough and they are calling for sanctions that specifically target many of these international banking and financial systems that they say are still helping the government there prices correspondents josh smith and phil thank you. and the international olympic committee has been missing in china to decide whether the international athletes of russia will be allowed to march under their country's flag at the closing ceremonies on sunday the i.o.c. has allowed some russian operates to compete under an olympic flag their case is all the more difficult now that two russians

pakistani military is concerned about and recently an important international group the financial action task force has started to consider greylisting pakistan for its continued allowance of terrorism financing activities so this increase in pressure on pakistan is is quite possibly going to have an impact however at the same time publicly the pakistan government has been very very direct in saying it's not going to respond to any pressure from the u.s. but private talks are going on the u.s. senior u.s. administration senior director for south asia was in islamabad yesterday for talks that no details were released so i think there are some things going on behind the scenes. as we mentioned before back in twenty fifteen the afghan government then the taliban did go into talks but the ended almost immediately i mean how hopeful can we be that said that this would actually stand a better chance. well those talks ended if you recall because it was revealed that the former leader of the taliban mullah omar had been dead for almost three years and the talks were actually undertaken under the suppositio

forces were killed. in pakistan is going to be placed on a terror financing monetary list in june.that is according to a person familiar with the action being taken by the global financial action taskvement is backed by the united states and its allies. it may hurt pakistan's access to financial markets. global news 24 hours a day powered by more than 2700 journalists and analysts in more i'm markcountries. crumpton. this is bloomberg. julia: let's just recap today's market action. u.s. equity markets holding in the green, actually ending the session in trading at high. we saw the s&p 500 posted biggest gain in almost three weeks, extending trade particularly to the end of the close, and then reversing a four-day pattern of seeing a saloon to the end of the session. we saw a retracement of 10 year treasury yields. investors continue to dissect the policy report in the minutes this week. jay powell is testifying next week. to end the week. pivotal is highlighting how much consumption has retraced facebook since making changes to its news feed. the media giant lost 4% in aggregated time spent despite an increase in users. joining us now from portland, oregon, with more is the pivotal

pakistan will be placed on a tear financing monitoring the in june according to global financial action task forcee u.s. and its allies and may hurt pakistan's access to financial markets. hackers from north korea are going after one of the few foreign companies willing to rk with the regime. telecom media and technology. it helped to build north korea's communication network. in most really the deputy prime minister quit over a sex scandal. he was having an affair with his that led to advisor allegations that he breached ministerial guidelines. global news, 24 hours a day, powered by more than 2,700 journalists and analysts in more than 120 countries. this is bloomberg. alix: thank you. beat earningsum estimate and expects a windfall if the u.s. follows through on tariffs on aluminum imports. mike b me is like -- less. there are three potential options. which is the most beneficial for your company and the immediate effect? mike: we don't have the position on which of the three remedies. we think the objective the commerce department got correct. the u.s. production is ready to come back. we thin