North Korea Warns of War

North Korea Warns of War

North Korea Warns of War

On Tuesday the first pieces of the US missile defence system – Terminal High Altitude Area Defence (THAAD) – arrived in South Korea, reported Reuters. THAAD is designed to detect and destroy incoming missiles from North Korea which threaten civilian populations.

Last month US Defense Secretary James Mattis said no countries had anything to fear from THAAD “other than North Korea.”

Earlier this month the US and South Korea began their annual joint military exercises, known as Foal Eagle. Last year 17,000 US troops and 300,000 South Koreans were involved in the exercises.

This year’s manoeuvers have been described as the “largest-ever” by the South’s Defense Ministry, reported Reuters.

The exercises run until the end of April. Last year’s drills saw a “pre-emptive strike” on simulated North Korea weapon silos staged with 90,000 South Koreans and 15,000 US troops involved.

North Korea has warned that US and South Korean joint military exercises could result in “actual war.”

North Korea on Monday launched four missiles into the Sea of Japan as part of a drill it said was part of an exercise which simulated the targeting of US military bases. Pyongyang says the missiles it fired toward Japan were part of an exercise targeting US military bases there. It comes as the White House said the deployment of the advanced THAAD anti-missile defense system to South Korea will guard it against the North.

The test launches of four missiles, fired by North Korea into the Sea of Japan on Monday morning, were a drill carried out by an army unit commissioned with attacking US military bases in Japan, the country’s official news agency KCNA said Tuesday.

North Korean leader Kim Jong-un personally supervised the drill, it said.

“Involved in the drill were Hwasong artillery units of the KPA Strategic Force tasked to strike the bases of the US imperialist aggressor forces in Japan in contingency,” KCNA said. “In the hearts of artillerymen … there was burning desire to mercilessly retaliate against the warmongers going ahead with their joint war exercises.”

North Korean diplomat Ju Yong Choi described the joint military exercises as “massive, unprecedented” and a “major cause of escalation of tension that might turn into actual war,” reported Reuters.

The diplomat, speaking in Geneva to a UN-sponsored conference on disarmament, said the ongoing exercises were aimed at conducting a “pre-emptive nuclear attack” against Pyongyang.

The latest comments come amid rising tensions on the peninsula, with the US deploying the first elements of its anti-missile defence system to South Korea.

In response, US Disarmament Ambassador Robert Wood said North Korea was “a pariah, an outlier” which violated international laws with its ballistic missile and nuclear tests.

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Shayne Heffernan 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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