North Korea vows to liquidate South Korean assets after firing missiles into sea
SEOUL, South Korea — North Korea on Thursday responded to South Korean unilateral sanctions by firing short-range ballistic missiles into the sea in a show of defiance and vowed to “liquidate” all remaining South Korean assets at former cooperative projects in the North.
The moves are the latest in an escalating standoff between the Koreas that began in January when North Korea detonated what it said was an “H-bomb of justice,” its fourth nuclear test. Since then, Pyongyang has launched a long-range rocket; Seoul has shut down the last remaining cooperative project between the rivals, a jointly run factory park in the North Korean border town of Kaesong, and slapped sanctions on the North over its recent nuclear test and rocket launch; the U.N. has imposed sanctions; and the North has threatened nuclear strikes on Seoul and the U.S. mainland. Read more…
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