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Edition: U.S. Article Comments (4) Save Email Print Reprints Most Popular Most Shared U.S debt to rise to $19.6 trillion by 2015 08 Jun 2010 BP shares tumble as government probes Gulf oil spill | Video 11:31am EDT Analysis: U.N. rebukes of Israel permitted in U.S. policy shift 08 Jun 2010 Sprint says it overstated EVO launch day sales 12:48am EDT Israel eases Gaza embargo to allow snack food 9:00am EDT Wall Street extends gains on Bernanke comments | Video 11:16am EDT Hacked iPhone Runs Android 2.2 08 Jun 2010 Circumcision may prevent sex-related penis injuries 04 Jun 2010 Wealthy businesswomen win California Republican races 11:15am EDT U.N. 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Credit: Reuters/Korea Pool SEOUL (Reuters) - North Korea has sent a letter to the U.N. Security Council rejecting accusations from South Korea that it was behind the sinking of one of its neighbor's navy ships, saying it was the victim of a U.S.-led conspiracy. World | South Korea | North Korea The letter, addressed to the U.N. Security Council president from the North's permanent representative to the body, followed the filing of a complaint by the South last week demanding action by the international community to deter further aggression. A team of international investigators led by South Korea's military said in May that a North Korean submarine torpedoed the corvette Cheonan on March 26, snapping the vessel in half in a blast and killing 46 sailors. North Korea, through its official media, has already rejected the charge, saying it was a ploy by the South's President Lee Myung-bak aimed at political gains for his conservative government. "With time it is becoming clearer through military and scientific analysis that the 'investigation findings' by the U.S. and the South, which had been from their announcement subject to doubts and criticism, is nothing more than a conspiracy aimed at achieving U.S. political and military goals," said the letter, signed by the North's permanent representative to the U.N. Sin Son-ho and carried by the official KCNA news agency. "If the Security Council goes ahead with discussions on the 'investigation findings' ... no one will be able to guarantee there won't be grave consequences to peace and stability on the Korean peninsula." North Korea has driven tensions to new heights in recent weeks by threatening war if Seoul imposes sanctions. The mounting antagonism between the two Koreas has unnerved investors, worried about armed conflict breaking out in the region. Many analysts say neither side is ready to go to war, but see the possibility of more skirmishes in a disputed sea border off the west coast or along their heavily armed border. Despite the tense confrontation, the South said on Wednesday it had approved the shipments of baby formula for North Korean infants as a rare exception to the ban on trade, travel and movement of goods across their border. The United States, the South's biggest ally, said Seoul may not seek a full Security Council resolution because of rising tensions after the sinking of the Cheonan. Seoul said it would hold discussions with its allies to ensure action was taken. Western diplomats say China, North Korea only real ally, will not tolerate new sanctions, while Seoul appears determined to have the council at least agree on some form of rebuke. (Editing by Alex Richardson) World South Korea North Korea Comments See All Comments (4) | Post Comment Jun 09, 2010 9:36am EDT Ahh, if it was a conspiracy then why did they cancel the war games and the propaganda, if it were a conspiracy it would have been a rues to begin a war, yet you can clearly see the U.S and South with their tail between their legs. The North needn’t deny anything as they have won yet again. marty70 Report As Abusive Jun 09, 2010 10:05am EDT @Marty70, Nobody needs excuse to go to war. Because nobody wants to feed 10,000,000’s hungry North Koreans. That the funny math of today World. Rouge rules across The World in N.Korea, Zimbabwe, Gaza, Lebanon, Sudan, etc abuse own population to force other countries provide humanitarian aid. sk_usa Report As Abusive Jun 09, 2010 11:10am EDT The South refuses to allow the North to view the hard evidence. Is the torpedoe a spoil of war and in the hands of the South since the 1950’s. Another Tonkin. gbf Report As Abusive Jun 09, 2010 11:34am EDT are we supposed to believe the north koreans? Little oing Pong just doesn’t seem very honest or truth worthy. mikeshann Report As Abusive See All Comments (4) Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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