Even as new resolutions increasing sanctions against the North Korean government are being scheduled, North Korea is threatening to set aside the 1953 truce agreement between North and South Korean and resume hostilities.
58-year-old president of Venezuela, Hugo Chavez, passed away in a military hospital after a two-year bout with cancer on Tuesday.
Although details of the agreement haven't been made public, it has been announced that China and the United States have reached an agreement on new sanctions against the government of North Korea.
Tuesday saw 21 defendants in the massive Kabul Bank scandal found guilty in Kabul, Afghanistan, including two former heads of the banking institution, bank chairman Sherkhan Farnood and former chief executive Khalillah Ferozi.