Oh noz! A rebuke! ::: U.N. set to propose new sanctions on North Korea

I'll bet it'll be a very very sharply-worded letter.

HONG KONG (MarketWatch) -- Members of the United Nations Security Council have condemned North Korea's new nuclear and missile tests and are reportedly coming to an agreement to propose new sanctions, even as a report said the communist regime fired two missiles along its east coast on Tuesday.

North Korea state media said the country's military conducted a successful underground nuclear test early Monday, confirming earlier reports of a suspected test based on seismic data.

South Korea's Yonhap news agency reported Tuesday that Pyongyang fired two more short-range missiles despite condemnation of its nuclear and missile tests a day earlier.

The underground nuclear device was detonated around 10 a.m. on Monday. Seismic data indicated the explosion was larger than the one resulting from a similar device detonated in North Korea's first atomic test in October 2006.

Reuters
North Korean soldiers walk on the banks of Yalu River near the North Korean town of Sinuiju, opposite the Chinese border city of Dandong, May 25, 2009. North Korea said it successfully conducted a nuclear test on Monday, a move certain to further isolate the prickly state, which argues it has no choice but to build an atomic arsenal to protect itself in a hostile world. REUTERS/Jacky Chen (POLITICS MILITARY)

Condemnation

The nuclear test "poses a serious threat to not only the Korea peninsula but also to global peace and stability, including in Northeast Asia," the South Korean government said in a statement dated Tuesday.

"In close cooperation with the U.S., Japan, China and Russia ... as well as the international community, the government will urge the U.N. Security Council to take appropriate measures," it said.

The Security Council held an emergency meeting Monday in New York to issue a rebuke and discuss possible new sanctions against the already-isolated nation.

The members "voiced their strong opposition to and condemnation of the nuclear test," said Russian Ambassador Vitaly Churkin, who also serves as this month's Security Council president.

U.N. slams North Korea test; more missiles fired - MarketWatch