tiptrot.com
tiptrot.com October 23, 2017


South Korea: Taking military helm will scare the North

29 September 2017, 12:17 | Cedric Leonard

South Korea: Taking military helm will scare the North

North Korea's Foreign Minister Ri Yong Ho said Trump had “declared war” on his country by tweeting that North Korean leader Kim Jong Un “won’t be around much longer.”

Market participants see Seoul's diplomatic standoff with Beijing over security issues as a hurdle in extending the $56 billion swap deal, given China continues to boycott made-in-Korea products over Korea's decision to deploy a US anti-missile defence system in the country.

South Korean President Moon Jae-in insisted Thursday he has "confidence" in his own military as he moved to take wartime operational control from the United States.

Tension on the Korean peninsula has risen in recent weeks as North Korea's leader Kim Jong Un and U.S. President Donald Trump exchanged war-like threats and insults over the North's nuclear and missile development program.

South Korea and the USA insist it is only to curb North Korea's missile threats. "I lived in China in the 1990's when then-President Clinton made the deal with North Korea". North Koreans can launch artillery within seconds and hit Seoul.

"Short-term, its hard to expect markets to recover fast (from North Korea related jitters)", Hwang said, adding that his team will be on stand-by to provide policy responses to any escalations that occur over the long Chuseok holiday from October 2 through October 9, when local financial markets will be closed.


Pyongyang conducted its sixth and largest nuclear test on Sept 3 and has launched dozens of missiles this year as it accelerates a programme aimed at enabling it to target the USA with a nuclear-tipped missile.

The United States and South Korea are technically still at war with North Korea because the 1950-53 Korean conflict ended with a truce and not a peace treaty. The North Koreans have an extensive chemical weapons stockpile.

The sources said it appeared that China was trying to drive a wedge in relations between South Korea, Japan and the United States by highlighting Seoul's hopes of keeping the door for dialogue open with North Korea.

Daines outlined what South Korea faces every day.



Other News

Trending Now

US Presidents Cup team says anthem not the right time to protest
Daniel Berger: "He's the greatest player of all time, so when he talks, you listen". "That would be huge. Woods ended his comments with a sobering admission that his playing days may, in fact, be behind him.

Amit Shah slams Rahul's 'dynastic politics' remark, says we believe in meritocracy
We should take BJP beyond elections and make it a instrument of mass participation to improve quality of life of the people". However, the real agenda was to get a confirmation on the process of his joining the BJP, sources said.

Stocks wait-and-see rally ahead of Fed meeting
US crude futures were down 1 cent at $49.90 per barrel, within sight of Thursday's almost four-month high of $50.50. The Russell 2000 index of smaller-company stocks was up 3 points, or 0.3 percent, to 1,444.

IOS 11 user interface review: a fresh change in software
Now in order to really switch off the Bluetooth and Wi-Fi you will have to go to the settings menu and switch them off yourself. Namely, you'll likely want to trim the few seconds at the beginning and end where you're navigating to and from Control Center.

Saudi King issues order allowing women to drive
In recent years, many women have come to rely on ride-sharing apps like Uber and Careem to gain some freedom of movement. A committee will be set up to study how enforce the regulations.

Qatari emir calls for peaceful means to solve Gulf diplomatic crisis
However, after getting word of this possibility, Trump allegedly called the two leaders and urged them to exercise restraint. During his address , the Emir said that his people felt betrayed by the hacking of QNA, as well as the ensuing blockade.

KINGSMAN: THE GOLDEN CIRCLE is a Fun But Safer Sequel
Agent Tequila does not seem impressed by their fine suits or fancy specs, though, saying, "Let me see if I got it right here". There's lots of CGI, more stars and extreme character makeovers, and an expanded running time to accommodate all of it.

North Korea strengthens military across eastern border
The Trump administration is using new sanctions authority to punish eight North Korean banks and 26 bank workers living overseas . The president put the world on notice, telling countries they can do business with the USA or North Korea, but not both.

Apple TV 4K won't let you download 4K movies
So, who might want an Apple TV 4K? If it's lower than that, Apple devices will automatically lower the quality. If you ask David Carnoy over at CNET that question, he has a simple answer: "Not for most people".

Lady Gaga chased her pain for five years
Walsh said she took nine months off before going back to work. "Get well soon gaga , love you", wrote one. Last Tuesday, the singer posted a Tweet that she was struggling with her pain condition.