Published: Fri, September 29, 2017
Markets | By Erika Turner

South Korea expects in mid-October, the provocations from the DPRK

South Korea expects in mid-October, the provocations from the DPRK

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.

During a meeting with President Moon Jae-in on Thursday, national security adviser Chung Eui-yong said he expected Pyongyang to act around October 10 and 18, but gave no details.

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.

We will remind, foreign Minister of the DPRK ri Yong Ho said that the US President, Donald trump declared war on Pyongyang, and warned that North Korea reserves the right to shoot down American bombers in worldwide airspace.

"Since the United States declared war on our country, we will have every right to make countermeasures, including the right to shoot down United States strategic bombers even when they are not inside the airspace border of our country", Pyongyang's top diplomat had said. North Koreans can launch artillery within seconds and hit Seoul.

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.

Equifax CEO and chairman Richard Smith 'retires' after massive security breach
And three Equifax executives sold large chunks of stock after the company learned about the hack but before it went public. A spokeswoman for the Senate Banking Committee said that panel's October 4 hearing remains scheduled as planned.

North Korea has since conducted several nuclear tests, with its sixth and latest taking place earlier this month.

Moon said that the solution for the crisis on the Korean Peninsula must consist of "resolving the strategic distrust between the U.S. and North Korea".

The senator said he saw the importance of the USA and its allies being unified against the regime.

Shin Won-shik, who served as deputy chairman of the Seoul's joint chiefs of staff, said North Korea uses terms like "declaration of war" when it needs to compensate for a shortage of military manpower.

President Moon added it was inappropriate to discuss the deployment of nuclear weapons in South Korea, the lawmakers said.

Trade between Taiwan and North Korea is minuscule.

Like this: