Showing posts with label korean peninsula. Show all posts
Showing posts with label korean peninsula. Show all posts

Friday, February 25, 2011

Korean Conflict: South Korea Takes A New Tactic; Ups The Ante

South Korea drops leaflets into North about Egypt, Libya

South Korea's military has been dropping leaflets into North Korea about democracy protests in Egypt and also sent food, medicines and radios for residents as part of a psychological campaign, a legislator said on Friday.

The campaign was aimed at encouraging North Koreans to think about change, conservative South Korean parliament member Song Young-sun said.

The food and medicines were delivered in light-weight baskets tied to balloons with timers programed to release the items above the target areas in the impoverished North, Song said in a statement.
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Analysts say the level of Pyongyang's control over communications and movement of people is too tight to make it likely for North Koreans to rise up to the similar type of protests against their leaders.

South Korea's military has resumed its campaign of speaking directly to North Korean residents after the North bombarded an island near a disputed sea border in November..

While I think this is a much more subtle alternative to the previous forceful military presence-as-response, South Korea knows North Korea doesn't like these shenanigans, neither, from either South Korean groups or the government..  Is this the beginning of a long term investment regarding the "Inspire the North Koreans to get strong and take the government in 5 to 10 years" movement, or is this South Korea's "Head's up--We're coming" message to the North Korean people?  To what extent will North Korea view this as provocation, and how will they respond?

Springtime in the Northern Hemisphere is already active.  It's not even March, people.. 

2011:  The "Interesting Times" from the Chinese saying, "May you live in interesting times.."

Friday, December 3, 2010

Korean Update-Or-At Least Someone's Making Money..

Dollar Rises Against Euro on Prospect U.S. Payrolls Expanded

North Korea may attack the province that surrounds Seoul, the Tokyo Shimbun newspaper said, citing an unidentified person who quoted an official in the communist nation. South Korea will hold artillery drills on Yeonpyeong, the island shelled by the North last week, on Dec. 6, television broadcaster MBN reported today, citing government officials it didn’t identify.

Japan and the U.S. will conduct a joint military exercise from tomorrow until Dec. 10.

“Geopolitical risk appears to be returning a bit on worries that North Korea may attack the South,” said Satoshi Okagawa, head of the foreign-exchange and money trading group in Singapore at Sumitomo Mitsui Banking Corp., a unit of Japan’s third-largest banking group. “There’s some safe-haven buying of the yen and the dollar.”

And:

The won strengthened for a third day as funds based abroad bought $373 million more Korean shares than they sold yesterday, the biggest net purchases in almost three weeks, exchange data show. The Kospi index of shares posted its highest close since Nov. 10 on optimism that tensions between North and South Korea are easing.

“We haven’t seen North Korean retaliation, which they pledged to do after the attack, and the lack of negative events let risk aversion subside,” said Dariusz Kowalczyk, senior economist at Credit Agricole CIB in Hong Kong. “Positive sentiment globally boosted appetite for risk assets like the Korean won.”

US, Japan begin war games; China denounces drills

In an ongoing show of force following a deadly North Korean attack on a front-line island, the U.S. and Japan began one of their biggest-ever military exercises Friday, mobilizing more than 44,000 troops, hundreds of aircraft and a U.S. supercarrier.

The drills come just after the U.S. and South Korea concluded maneuvers in the Yellow Sea. The exercises brought immediate criticism from China, which is wary of having foreign navies off its shores and has been increasingly assertive over large swaths of waters in the south and east China seas, where some of the drills would take place.
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The Nov. 23 North Korean attack killed two South Korean marines and two civilians on Yeonpyeong Island, a tiny enclave of civilians and military bases located near a disputed maritime border.

The attack has heightened tensions in the region and renewed fears of a bigger clash breaking out that could draw in neighboring countries, including Japan, where about 50,000 U.S. troops are based under a security pact.

South Korea’s New Defense Chief Threatens Air Strikes on North

South Korea’s new defense minister vowed retaliation that would include airstrikes if North Korea makes another attack following last month’s deadly artillery bombardment.

“I will mobilize all combat capabilities available to severely punish the enemy,” Kim Kwan Jin, former chairman of the Joint Chiefs of Staff, said today at a confirmation hearing. “I will surely use planes. This is a matter of self-defense.”

This may be a sign that the crisis is cooling a bit..

“The latest tough talk seemed to be mostly aimed at deterring North Korea from further provocations,” said Kim Yong Hyun, a professor of North Korean studies at Dongguk University in Seoul. “There is only so much South Korea can do in terms of tough actions when there’s little assurance of how far North Korea will go.”

Or maybe cooling not so much..

A news report says North Korea now has more multiple-launch rockets capable of hitting Seoul.

Yonhap news agency says North Korea has increased its arsenal of rockets by 100 pieces to about 5,200. Yonhap cited an unidentified South Korean military source.

The agency says the rockets have a range of 37 miles (60 kilometers), putting Seoul within striking distance.

Sunday, November 28, 2010

Double Dog Uh-Oh..

Chinese government to make 'urgent' announcement

The Chinese government said Sunday it will make an "urgent" announcement later in the day amid rising military tensions surrounding the Korean Peninsula.

Whether anyone wants to officially admit it or not, China's involved. So there will be More-To-Follow, I'm sure..