December 13, 2017

North Korea Tension: Beijing Tries Balancing Act

13 August 2017, 07:12 | Glen Norman

Kim Jong-un the Communist dictator of the Democratic Republic of North Korea

Kim Jong-un the Communist dictator of the Democratic Republic of North Korea

President Donald Trump warned North Korea's leader he would "regret it fast" if he made any threat towards Guam or any other USA territory in comments that will fuel rapidly rising tensions between the two countries.

"Despite attempts by some US officials to calm sentiment, fears of escalating military tension between North Korea and the USA are dominating market attention", Dirk Willer, the head of emerging markets strategy at Citigroup, said in a research note on Friday, reports The New York Times. At the same time, some of the public's anxiety is about Trump and his off the cuff handling of the situation. The UAE for instance bought $100 million worth of weapons from North Korea to help Saudi efforts in Yemen. "And we are with you 1,000%".

The threat itself came after Trump warned of "fire and fury", urging North Korea to abandon its nuclear ambitions.

And Trump hasn't exactly been doing a lot to quell those fears.

But surely Kim knows that an actual attack on Guam, nuclear or otherwise, would be met with an overwhelming USA response that would surely mean the end of his reign and his life (along with those of perhaps hundreds of thousands of other North and South Koreans).

Jose Mourinho hoping to continue second-season success record with Manchester United
Speaking on "The Keys & Gray Show", Moyes said: "I've said it many times, we tried to talk Gareth Bale out of going to Real Madrid ".

Trump responded with an exceptional threat: Pyongyang would incur "fire and fury" the likes of which the world has never before seen, said the president.

"Military solutions are now fully in place, locked and loaded, should North Korea act unwisely", Trump tweeted on Friday.

Tuesday: "North Korea, best not make any more threats to the United States", Mr Trump tells reporters. "We still hope and believe that common sense will prevail".

"You know what, that could looks so handsome to me", Trump said.

The concern over China's reaction is important. While the comment earned criticism and was followed by a more restrained tone from the State Department, Trump doubled down Thursday. But sharp divides remain. She declined to say whether Germany would stand with the case of a military conflict with North Korea and called on the U.N. Security Council to continue to address the issue. The isolated nation, earlier this week, laid out a detailed plan to launch ballistic missiles into waters near Guam, a US territory. They know that North Korea has thousands of long-range artillery pieces and large numbers of missiles that could lay waste to Seoul, the capital of South Korea.

Japanese fighters conducted air drills with US B-1B bombers on Tuesday
The Navy used the island as a coaling base and communications station until Japan seized the island on December 10, 1941. It did so to compensate for US forces diverted from other bases in the Asia-Pacific region to fight in the Middle East.

The decision brings a total of 62 people and 50 entities in line with United Nations sanctions against North Korea, while the European Union has autonomously slapped restrictive measures on another 41 people and seven entities.

North Korea's Kim dynasty has mastered the art of brinkmanship for decades: scare the world with missiles and nuclear tests, strike a deal with the West, and then watch the aid money flow in.

"And that's going to be diplomatically painful, but that's one the few levers we have left", Krejsa said, noting that the USA still needs these countries as allies.

As former NSA analyst John Schindler told PRI, it's much more hard to gather accurate intel on a country with which we have no diplomatic or trade relations, and what's more, the North Koreans know we're spying on them and do what they can to deceive us. "In this regard, North Korea's recently issued statements of threats are in direct opposition to the global community's consensus, and must stop immediately". "It shouldn't be Democrats or Republicans, it should everybody be unifying behind our president".

European markets open lower on Friday
The single-session equity put/call ratio jumped to 0.83 - the highest since April - and the 21-day moving average rose to 0.65. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, popped almost 11 percent to 11.02.

Other News

Trending Now

Taylor Morrison Home Corp (TMHC) Price Target Raised to $27.00
Want to see what other hedge funds are holding TMHC? Hexavest Inc., a Quebec - Canada-based fund reported 1.39 million shares. Victory Capital Management Inc. raised its position in shares of Taylor Morrison Home Corp by 17.6% in the second quarter.

Xiaomi's MIUI has serious security flaws: eScan
The official sources of the company say that a user can get control over the device if it has unlocked the bootloader. Since the launch of the Xiaomi Redmi Note 4 , the company announced that it sold 5 million units in India.

Usain Bolt's final race ends in shock injury
Allied with a charismatic personality, it has guaranteed Bolt recognition as one of the world's most successful sportsmen. Their leaving of the track scene leaves a void in the sport that does not look like being filled any time soon.

Freeport-McMoran, Inc. (FCX) Shares Sold by Reliance Trust Co. of Delaware
The firm owned 598,137 shares of the natural resource company's stock after buying an additional 4,280 shares during the period. Their average price target spell out an upbeat performance - a 2% and would give FCX a market capitalization of almost $21.4B.

Detroit Tigers vs. Minnesota Twins
Matthew Boyd toes the rubber for the Detroit Tigers with the Minnesota Twins in town on Sunday afternoon. He is 5-1 with a 3.52 ERA against the Twins, the only major-league team he has beaten more than twice.

Trump makes false claims about USA nuclear arsenal
We all know that President Trump doesn't think very highly of most mainstream polls in America. "Alarming thing to lie about". Popular Video This young teenage singer was shocked when Keith Urban invited her on stage at his concert.

Moto X4 images along with it's specs leaked online
As for availability, we're not sure when the Moto X4 will go on sale but we'll let you know as soon as we have more information. Now, the press renders of the Moto X4 have been leaked contributing to the already outpouring news related to the smartphone.

Global stocks shudder on Trump warnings to North Korea
Dillard's slumped 15.5 percent after the chain booked a loss for the second quarter as increased inventory led to big discounts. The CBOE Volatility Index, a barometer of expected near-term stock market volatility, closed at its highest since the election.

Gov. Martinez: Charlottesville violence a 'cowardly attack'
She says the attack was a reminder that evil still existed in the world but she remained confident Americans would be united. Trump spoke to reporters at his golf resort in Bedminster, New Jersey, where he was on a working holiday.

Automatic Data Processing Inc (NASDAQ:ADP) Institutional Investor Sentiment Is 0.87
Automatic Data has $115 highest and $76 lowest target. $95.45's average target is -19.96% below currents $119.25 stock price. Moloney Securities Asset Management increased its position in stocks of Automatic information Processing by 0.5% in the Q1.