World War 3: North Korea is Going Nuclear

World War 3: North Korea is Going Nuclear

World War 3: North Korea is Going Nuclear

USA and China have demanded North Korea not develop additional Nuclear Weapons

North Korea committed to speed up development

North Blames US aggression for the move

Asia remains on edge as the crisis shows no sign of progress

[vc_row][vc_column][vc_column_text]North Korea committed to bolster its nuclear weapons program at maximum speed, this is the country’s first official response to the recently released North Korea policy by the US administration, which focuses on “maximum pressure and engagement.”

The USA and China oppose North Korea’s Nuclear Weapons desire.

“Now that the US is kicking up the overall racket for sanctions and pressure against the DPRK, pursuant to its new DPRK policy called ‘maximum pressure and engagement’, the DPRK will speed up at the maximum pace the measure for bolstering its nuclear deterrence,” a North Korean foreign ministry spokesman said in a statement.

DPRK is the abbreviation of the North’s official name, the Democratic People’s Republic of Korea.

“The DPRK’s measures for bolstering the nuclear force to the maximum will be taken in a consecutive and successive way at any moment and any place decided by its supreme leadership,” according to the statement, carried by the state news wire Korean Central News Agency.


[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_video link=””][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]North Korea justified its nuclear weapons development as a defence against what it calls US hostility, and the recent pledges mean it will continue its nuclear and ballistic missile tests.

North Korea had been widely speculated to conduct a nuclear test in April, during which two of the country’s key national events fall — the birthday of North Korean founder Kim Il-sung and the anniversary of the formation of its military.

As the speculation sparked security jitters, the US has sent a strike group led by aircraft carrier USS Carl Vinson and nuclear-powered submarine USS Michigan to waters off the Korean Peninsula.

The Trump administration also unveiled its North Korea policy line last month, which vowed to step up sanctions and engagement to get the North to give up its nuclear program.

In the statement, the North accused the US of escalating tensions on the peninsula with the naval deployment and military threats.

“The US aggression hysteria has never reached such a height and the situation on the Korean Peninsula has never inched close to the brink of nuclear war as in the period of the recent drills,” according to the KCNA.

“The DPRK is fully ready to respond to any option taken by the US … (it) will continue to bolster its military capabilities for self-defense and preemptive nuclear attack with the nuclear force as a pivot,” it noted.

If North Korea had not had nuclear capabilities, “the US would have committed without hesitation the same brigandish aggression in Korea as what it committed against other countries,” it said, apparently referring to the recent US air strike on Syria.[/vc_column_text][/vc_column][/vc_row]

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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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