World War 3 : Shots Fired in Korea

World War 3 : Shots Fired in Korea

World War 3 : Shots Fired in Korea

The South’s military announced Tuesday afternoon that it detected an unidentified object flying across the military demarcation line (MDL) in the eastern region.

More than 90 machine gun rounds were fired as warning shots under a related manual and the object disappeared from radar screens, according to the Joint Chiefs of Staff (JCS).

The announcement further raised tensions on the peninsula following a series of ballistic missile launches by the North, Yonhap reported.

In a press briefing the following day, the Ministry of National Defense said there were actually around 10 flying objects detected close to the MDL and several of them crossed it.

Trump Still Ready for War

Donald Trump told Philippines’ Rodrigo Duterte in a phone call last month that he is prepared to use force against “madman” Kim Jong-un but hoped the “good guy” Xi Jinping will help solve the North Korean nuclear issue, according to a leaked transcript.

The full transcript of the conversation from April 29, at the close of the 30th Association of Southeast Asian Nations (ASEAN) summit in Manila, was leaked on Tuesday to both the Washington Post and The Intercept. A senior Trump administration official acknowledged the accuracy of the transcript to the Washington Post, while well-placed Philippines sources confirmed its authenticity to Philippines’ Rappler news.

“What’s your opinion of him, Rodrigo?” Trump asked, wondering whether the North Korean leader is “stable or not stable?”

“He is not stable, Mr. President as he keeps on smiling when he explodes a rocket. He has even gone against China which is the last country he should rebuke,” Duterte replied. “But it seems from his face he is laughing always and there’s a dangerous toy in his hands which could create so much agony and suffering for all of mankind.”

The conversation between the two leaders took place just as North Korea launched a medium-range missile. The projectile known as a KN-17 appeared to have blown up a few seconds into flight. It was the second failed test of a ballistic missile that month.

Calling the North Korean leader a “madman” of this generation, Duterte warned Trump that he is dealing with a “very delicate problem” when it comes to North Korea. The Philippines leader stressed that China will play a key role in resolving tensions around Pyongyang’s nuclear program, stating that “China is the ace.”

“At the end of the day, the last card, the ace has to be China. It is only China,” Duterte noted during the conversation, offering to call the Chinese leader Xi Jinping.

“You can tell him I am counting on him,” Trump replied. “I have a very good relationship with him… He is a good guy.”

“I hope China solves the problem,” Trump said. “They really have the means because a great degree of their stuff comes through China. They are doing certain things, like not accepting calls. But if China doesn’t do it, we will do it.”

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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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