03/04/2013

4/3 Life in the Bullseye – South Korean KOSPI down over 1% again

  by John Galt April 3, 2013 21:00 EDT Just wow. I feel bad for the people of South Korea and hope that all the North is doing is a game of bluster for further negotiations but many experts do not think so. Thus why the South Korean stock market remains under pressure again tonight:   Get ready for more heavy selling if there is any indication of military activity by the North….


4/3 20:00 EDT North Korea Crisis Update – Kaesong workers Blocked from Crossing Border Day 2

  by John Galt April 3, 2013 20:01 EDT The news flow is disturbing with unconfirmed stories of elevated DEFCON status for US Pacific forces to hard news stories like this one from Yonhap News in South Korea: N. Korea maintains entry ban on Kaesong complex SEOUL, April 4 (Yonhap) — North Korea on Thursday maintained its entry ban on South Korean workers and cargo wanting to go to the inter-Korean industrial park in Kaesong for the second day despite Seoul’s calls to lift the passage restrictions, checkpoint authorities said.   …


04/03 16:01 EDT BREAKING: North Korean Leadership Approves Nuke Strikes Against US

  by John Galt April 3, 2013 16:01 EDT   N. Korea approves nuclear strike on US (ITV) 4 pm ET – SEOUL — The North Korean army said Thursday it had final approval to launch “merciless” military strikes on the United States, involving the possible use of “cutting-edge” nuclear weapons. In a statement published by the official KCNA news agency, the General Staff of the Korean People’s Army (KPA) said it was formally informing Washington that reckless US threats would be “smashed by… cutting-edge smaller, lighter and diversified nuclear strike…


4/3 05:30 ET Korea Conflict Update

  by John Galt April 3, 2013 05:30 EDT While we were napping overnight: From Yonhap News: Defense ministry considers military options for workers at Kaesong industrial zone By Kim Eun-jung SEOUL, April 3 (Yonhap) — Seoul’s defense chief said Wednesday the military is considering all available options, including possible military action, to ensure the safety of the hundreds of South Koreans who remain in the North’s border town of Kaesong after the communist state cut off access to a joint industrial complex there.   Early Wednesday, Pyongyang banned South Korean workers…


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