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He said this was more than just a provocation. this was violence against a neighbor. now we have heard condemnation from across the world. but the fact is this will make very little difference to north korea. it has said it will continue to keep going with the missile launches. of course that information earlier in the week. the nis saying preparations are still ongoing for another nuclear test renae. >> north korea remains defiant. paula, thank you so much. >> let's check on cnn money stream, the latest missile launch could spell more sanctions for the country. the u.n. already hit the major ...

Disturbing. >> one police officer caught on fire from that explosion. the u.s. now considering slapping sanctions on its vital oil industry. the state department condemning the election, as well. let's get the latest from cnn's laila santiago, live in caracas. good morning. we heard estimates of 40% turnout in that election. are you hearing any independent analysis of how many people did vote? >> reporter: at this point, a back and forth as the opposition calls this a frauds, as the -- a fraud, as the government calls this a victory. you know, there were more than 19 million voters that were e...

And in response to venezuela's controversial election, the u.s. is considering slapping sanctions on the vital oil industry. right now, venezuela's only source of income is oil exports. the u.s. is one of its top customers. so sanctions would further cripple its economy. two senior administration officials have confirmed they could be announced as early as today. oil sanctions, they're kind of a double-edged sword. american energy firms rely on venezuela's cheap crude, and cutting it off could cause u.s. gas prices to rise. at the moment, sanctions on imports, they don't look likely. even a li...

Unacceptable levels of harassment in moscow. unquote. and now a spokesman for russian president vladimir putin says moscow is considering retaliation. so what does the incoming trump administration have to say about all of this? joining us now from palm beach, florida, incoming white house chief of staff reince priebus. thank you so much. big important day, reince. mr. chairman, let me put that correctly. mr. chairman, big important day. glad to have you. so, the president-elect's reaction to president obama, the lame duck president with just 21 days left to go. slapping sanctions on russia. w...

The white house slapping sanctions on russian hacking of elects. kevin cork is just wrapping up an enter interview with eric schulte. what did he tell you and. >> listen itch asked him a couple of questions and i think the one will be most important to viewers what does this mean? you didn't really have to do it now. did you? and i also asked women hmm what the point before -- what the president is trying to do is send a strong message you mess with the u.s., especially from a sibber perspective, you're going to pay. >> here's the bottom line. the wants to make sure he is doing everything poss...