World War 3: North Korea Boosts Arms Production

World War 3: North Korea Boosts Arms Production

Korean Central News Agency (KCNA) said Kim watched “the test of a new-type anti-aircraft guided weapon system” aimed at “detecting and striking different targets flying from any direction.”

Kim Jong-un is preparing for World War 3, he was so impressed he has ordered the mass-production and deployment of a new type of anti-aircraft guided weapon system which the North Korean leader personally witnessed being test fired recently, state media reported.

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The Rodong Sinmun reported that the KN-06, considered the most powerful surface-to-air missile that North Korea possess, hit various flying objects in the air that were hypothetically designed as UAVs and rockets. The KN-06 system is an air defense system that mainly strike aircraft, but experts said it’s still unclear whether the weapon can intercept ballistic missiles.

The latest demonstration, organized by the Academy of National Defense Science, reportedly showed significant improvements since a similar test of the system in April 2016.

“Weapon system’s efficiency to detect and track targets has remarkably improved and its hitting accuracy has also increased, compared with those of last year,” the statement read.

A year after the initial test, Kim ordered the mass production of system in the country.

“This weapon system… should be mass-produced and deployed all over the country like forests so as to completely spoil the enemy’s wild dream of air supremacy,” KCNA quoted Kim as saying.

North Korea has also boasted about its plans to develop a missile capable of striking the United States and has ignored all calls to halt its weapons programs, insisting that it’s necessary to counter US aggression.

To mitigate the North Korean threat, Washington has deployed additional forces to the region and has placed the Terminal High Altitude Area Defense (THAAD) system on the Korean Peninsula, despite strong objections from China.

Empty Words from G7

The Group of Seven (G-7) member countries on Saturday said North Korea poses an increasing threat to the peace and stability of the international community, according to news reports.

“North Korea, a top priority in the international agenda, increasingly poses new levels of threat of a grave nature to international peace and stability,” read a communique issued following the two-day G-7 summit held in Taormina, Italy, according to Russia’s Itar-Tass news agency.

The leaders also insisted that Pyongyang “must immediately and fully comply with all relevant UN Security Council Resolutions (UNSCRs) and abandon all nuclear and ballistic missile programs in a complete, verifiable and irreversible manner.”

South Korea

North Korea’s state media claimed Saturday that the South Korean military’s unmanned aerial vehicle violated its airspace this week, calling it a “grave military provocation.”

The North’s official Korean Central News Agency (KCNA) reported that the South’s surveillance plane, called Heron, flew over its western border area four times between 7:46 a.m. and 8:40 p.m. on Friday.

The KCNA said that the alleged violation was grave as it came when the United States brought its four Global Hawk spy drones and some 100 military personnel to Yokoda Air Base in Japan from their base in Guam on the pretext of avoiding a typhoon.

It also blamed the South for escalating military tensions, warning of a “merciless retaliatory response.”

In recent weeks, Pyongyang has ratcheted up military tensions through a series of ballistic missile tests, which many observers said indicated it is on course to develop a longer-range missile capable of reaching the U.S. mainland.

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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