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Mutual Funds - Mutual Funds.
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Posted by Monitor on June 24, 2009, 10:28 pm
North Korea Threatens to 'Wipe Out' U.S
SEOUL, South Korea =97 FOXNEWS
North Korea threatened Wednesday to wipe the United States off the map
as Washington and its allies watched for signs the regime will launch
a series of missiles in the coming days.
Off China's coast, a U.S. destroyer was tailing a North Korean ship
suspected of transporting illicit weapons to Burma in what could be
the first test of U.N. sanctions passed to punish the nation for an
underground nuclear test last month.
The Kang Nam left the North Korean port of Nampo a week ago with the
USS John S. McCain close behind. The ship, accused of transporting
banned goods in the past, is believed bound for Burma, according to
South Korean and U.S. officials.
The new U.N. Security Council resolution requires member states to
seek permission to inspect suspicious cargo. North Korea has said it
would consider interception a declaration of war and on Wednesday
accused the U.S. of seeking to provoke another Korean War.
"If the U.S. imperialists start another war, the army and people of
Korea will ... wipe out the aggressors on the globe once and for all,"
the official Korean Central News Agency said.
The warning came on the eve of the 59th anniversary of the start of
the three-year Korean War, which ended in a truce in 1953, not a peace
treaty, leaving the peninsula in state of war.
The U.S. has 28,500 troops in South Korea to protect against an
outbreak of hostilities.
Tensions have been high since North Korea launched a long-range rocket
in April and then conducted its second underground atomic test on May
25.
Reacting to U.N. condemnation of that test, North Korea walked away
from nuclear disarmament talks and warned it would fire a long-range
missile.
North Korea has banned ships from the waters off its east coast
starting Thursday through July 10 for military exercises, Japan's
Coast Guard said.
South Korea's Yonhap news agency reported Wednesday that the North may
fire a Scud missile with a range of up to 310 miles (500 kilometers)
or a short-range ground-to-ship missile with a range of 100 miles (160
kilometers) during the no-sail period.
A senior South Korean government official said the no-sail ban is
believed connected to North Korean plans to fire short- or mid-range
missiles. He spoke on condition of anonymity, citing department
policy.
U.S. defense and counterproliferation officials in Washington said
they also expected the North to launch short- to medium-range
missiles. The officials spoke on condition of anonymity to discuss
sensitive intelligence.
South Korea will expedite the introduction of high-tech unmanned
aerial surveillance systems and "bunker-buster" bombs in response to
North Korea's provocations, the Chosun Ilbo newspaper said, citing
unidentified ruling party members.
Meanwhile, a flurry of diplomatic efforts were under way to try
getting North Korea to return to disarmament talks.
Russia's top nuclear envoy, Alexei Borodavkin, said after meeting with
his South Korean counterpart that Moscow is open to other formats for
discussion since Pyongyang has pulled out of formal six-nation
negotiations.
In Beijing, top U.S. and Chinese defense officials also discussed
North Korea. U.S. Defense Undersecretary Michele Flournoy was heading
next to Tokyo and Seoul for talks.
South Korea has proposed high-level "consultations" to discuss North
Korea with the U.S., Russia, China and Japan
http://www.foxnews.com/story/0,2933,528880,00.html
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