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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam N.Korea renews retaliation threats ahead of US envoy trip AFP - Sunday, August 1 Send IM Story Print N.Korea renews retaliation threats ahead of US envoy trip SEOUL (AFP) - – North Korea renewed its threats of military retaliation Sunday ahead of a visit to South Korea by a US envoy as Seoul and its allies look to impose fresh sanctions on Pyongyang. The North will "sternly and mercilessly" punish South Korea over its joint military exercise with the United States, its ruling party newspaper, Rodong Sinmun, said in a commentary referring to a recent show of strength in the waters off the divided peninsula. "As declared already, we will strongly counter with a retaliatory sacred war of our own based on nuclear deterrent," it said, accusing Seoul of pushing the situation to the brink of war. Cross-border tensions have risen sharply since South Korea and the United States accused the North in late May of torpedoing a warship near the disputed sea border with the loss of 46 lives. US and South Korean forces last week wrapped up a four-day naval and air exercise -- the first in a series -- which they said was intended to warn the North against further attacks. Robert Einhorn, the US State Department's special adviser for non-proliferation and arms control, is set to arrive in Seoul late Sunday for talks on how to enforce sanctions against the North, foreign ministry officials said. Einhorn will hold a series of talks with South Korean officials Monday, they said. Washington blacklisted a Macau-based bank that held more than 25 million dollars in North Korean accounts in 2005, accusing the bank of helping Pyongyang launder money. The blacklisting effectively cut off Pyongyang's access to the international financial system. The United Nations in June last year tightened sanctions following missile launches and a nuclear test carried out in the North. Washington announced further sanctions last month to stop the North from selling nuclear weapons or related material as well as blocking money laundering and other illicit activities. South Korean newspapers, however, say the North's economy is already feeling the pinch from a variety of sanctions and nothing much can be achieved through any further sanctions. Commentators also doubt the effectiveness of fresh sanctions without cooperation from China, the major provider of fuel, food and other necessities to its impoverished communist neighbour. Recommend Send IM Story Print Related Articles Floods wreak havoc across Pakistan, over 1,000 killed Reuters - 1 hour 1 minute ago Pakistan flood toll tops 1,000 as cholera emerges AFP - 1 hour 18 minutes ago Flood toll in China's northeast rises to 100 AFP - 2 hours 21 minutes ago Pakistan flood toll tops 1,000 AFP - Monday, August 2 Pakistan president to visit Britain amid terror row Reuters - Monday, August 2 News Search Top Stories Greek truckers end week-long strike China, Vietnam, Iran win UNESCO heritage honours 'Overwhelming emotion' as Chelsea Clinton marries Debate on death and taxes heats up as billionaires fall Dibaba wins women's 10,000m More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended 'Overwhelming emotion' as Chelsea Clinton marries Calcium supplements linked to heart attacks: study Debate on death and taxes heats up as billionaires fall Engineers prepare to seal ruptured oil well New BP boss off to Russia to mend fences: report More Most Viewed » Parachuting donkey shocks Russian beachgoers Argentine students crack three-decade-old murder mystery World's first full face transplant man appears on TV Paris Hilton caught with cannabis in handbag Calcium supplements linked to heart attacks: study More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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