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North Korea says U.S.-South Korea exercises bring war closer
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North Korea says U.S.-South Korea exercises bring war closer
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By Jeremy Laurence and Danbee Moon
PAJU, South Korea (Reuters) - North Korea said on Friday that impending military exercises by the South and the United States were pushing the region toward war, days after it launched its heaviest bombardment...
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A protester attends an anti-North Korea demonstration in central Seoul November 26, 2010. North Korea fired shells at the island of Yeonpyeong off the peninsula's west coast on Tuesday, killing two civilians and two soldiers and destroying dozens of houses.
Credit: Reuters/Lee Jae-Won
By Jeremy Laurence and Danbee Moon
PAJU, South Korea |
Fri Nov 26, 2010 2:31am EST
PAJU, South Korea (Reuters) - North Korea said on Friday that impending military exercises by the South and the United States were pushing the region toward war, days after it launched its heaviest bombardment since the 1950-53 Korean War.
"The situation on the Korean Peninsula is inching closer to the brink of war due to the reckless plan of those trigger-happy elements to stage again war exercises targeted against the (North)," the North's official KCNA news agency said.
The aggressive language was typical for North Korean state-owned media but amid the heightened tension, it was enough to depress the won as much as 2.2 percent. The stock market closed 1.3 percent down.
There was brief panic in the capital Seoul in the afternoon when television reported sounds of artillery fire near Yeonpyeong, the island near the disputed maritime boundary which was shelled by the North on Tuesday.
But the military said the artillery fire was distant and no shells landed in South Korea. Yonhap news agency said it appeared to be a North Korean drill.
"Investors are growing more jittery ahead of the joint military exercise," said Kim Hyoung-ryoul, a market analyst at NH Investment & Securities. "The key concern is, whether North Korea will again take unforeseen, rash actions."
South Korean media said President Lee Myung-bak would name a career military man to replace the defense minister, who resigned after criticism that the government was too slow to respond to Tuesday's shelling. The government said it was still deciding.
The United States is sending in an aircraft carrier group led by the nuclear-powered USS George Washington to the Yellow Sea for the military exercises with the South Korean navy starting on Sunday.
Planned before this week's attack, the four-day maneuvers are a show of strength which, besides enraging North Korea, have already unsettled China, its major ally and neighbor.
Washington is pressing China to rein in its ally North Korea to help ease tension in the world's fastest-growing economic region.
SPEAK TO HU
U.S. President Barack Obama is likely to speak with Chinese President Hu Jintao within days about the Korean situation, a White House official said, though no date had been.
But a Chinese foreign ministry spokesman said the focus should be placed on a revival of the stalled six-party talks grouping the two Koreas, Russia, China, Japan and the United States. He also expressed concern about the U.S.-South Korea military exercises.
"We have noted the relevant reports and express our concern about this," spokesman Hong Lei said.
China has long propped up the Pyongyang leadership, worried that a collapse of North Korea could bring instability to its own borders. Beijing is also wary of a unified Korea that would be dominated by the United States.
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See All Comments (1) | Post Comment
Nov 26, 2010 12:46am EST
No one has the illusion that North Korea would dis-arm itself any time soon. With more than 20% of its working population in the Army, these activities fed to North Korea’s desire. It is a dream come true. America will be embarrased this time.
LeeSiuHoi
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