S&P maintains S. Korea's credit rating at AA

Gwen Vasquez
August 19, 2017

US President Donald Trump responded on Twitter today to North Korean Supreme Leader Kim Jong-un's decision to withdraw his threat to launch ballistic missiles towards the US territory of Guam.

"As long as the U.S. hostile policy and nuclear threat continue, the DPRK ... will never place its self-defensive nuclear deterrence on the negotiation table or flinch an inch from the road chosen by itself, the road of bolstering up the state nuclear force", Kim told Guterres according to an account of the phone call given by the North Korea UN mission.

But fears of conflict remain as the USA and South Korea next week begin military drills that the North views as preparation for invasion, and as Washington seeks to stop the North's progress toward having a nuclear-tipped missile that could strike the continental United States.

White House chief strategist Steve Bannon admitted Kim Jong-un called the US's bluff on a potential war over his quest of intercontinental ballistic missiles (ICBMs).

Last week, North Korea's military announced plans to fire four missiles in waters off Guam by mid-August, noting that if fired the missiles would fly over the Japanese prefectures of Shimane, Hirosima and Kochi. We all know North Korea is a risky situation and must be handled with great strength and diplomacy.

Dialing back his provocative rhetoric, President Donald Trump tweeted Wednesday morning saying North Korea's leader made a "very wise" and "well-reasoned" choice when he chose to back down from threats of launching a missile at Guam, a us territory. "I want all South Koreans to believe with confidence there will be no war", the president said.

US Vice-President Mike Pence told reporters in Chile on Wednesday that "all options" remained on the table with regards to North Korea, and he called on Latin American nations to break ties with Pyongyang.

Bannon also called for a tougher US stance on trade with China, saying the two powers were in an "economic war".

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Secretary of State Rex Tillerson stressed after security talks with close ally Japan that the USA seeks a peaceful solution to the standoff over North Korea's nuclear weapons program.

Dunford said the US military will continue to develop Sino-US military relations and added both sides should take every opportunity to deepen communication and tackle current issues in a constructive way. Did North Korea blink in this game of armed chicken?

And if North Korea does succeed in developing the capacity to reliably hit the United States with a nuclear weapon can it even be deterred from doing so?

Perry is an expert on nuclear war and says the North already has more than a dozen nuclear weapons.

The PM said that the move would undermine Seoul's calls for North Korea to denuclearize, trigger a nuclear arms race and put the country under worldwide sanctions, Yonhap reported.

He has also suggested talks along with the South Korean Red Cross about reuniting families that were separated during the Korean War between 1950 and 1953.

China said Foreign Minister Wang Yi on Tuesday told his Russian counterpart, Sergei Lavrov, that the two countries need to work together to curb tensions so that no one can "stir up an incident on their doorstep".

Other reports by LeisureTravelAid

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