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North Korea fires two short-range missiles into sea – South Korea

Following the latest round of missile shootings, North Korea also announced on Thursday it would nullify all economic agreements with South Korea and sell off all South Korean property remaining in the North.

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South Korea is also set to impose even tougher sanctions on its neighbor to the north next week, which would include banning all ships that have previously docked at any port in the DPRK from entering South Korean ports. North Korea, which views such maneuvers as a threat and a possible preparation for invasion, warned that the country was already in a position to launch a nuclear strike against its enemies.

Pyongyang has stepped up its bellicose rhetoric and its displays of military might since the adaptation of new worldwide sanctions against the country, following its fourth nuclear test on January 6 and the launch of a space rocket on February 7, which many consider a disguised ballistic missile test.

United States and South Korean troops began large-scale military drills this week, which the North calls “nuclear war moves” and threatened to respond with an all-out offensive.

“As the South Korean puppet government has shut down the Mount Kumgang Tourist Region and KIC, we will completely liquidate all assets belonging to South Korean companies and related organizations”, it said.

South Korea also adopted financial and maritime sanctions against the North on Wednesday, and U.S. President Barack Obama is scheduled to sign into law additional North Korea sanctions as early as this weekend, Yonhap reported.

A woman passes by a TV screen showing a file footage of the missile launch conducted by North Korea, at Seoul Railway Station in Seoul, South Korea, Thursday, March 10, 2016.

At a regularly scheduled press conference, Chinese Ministry of Foreign Affairs spokesman Hong Lei described the situation on the Korean Peninsula as “complex and sensitive” .

It was his first direct comment on the technology needed to deploy nuclear missiles.

North Korea’s Committee for the Peaceful Reunification of Korea said today that Pyongyang will “liquidate” South Korean assets at the Kaesong factory park and the closed tourism resort at Diamond Mountain, both of which are in North Korea. But Captain Jeff Davis, a Pentagon spokesman, said the department was working on U.S. ballistic missile defences to be prepared.

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“We are reviewing the civil organization’s request to visit North Korea and deliver anti-tuberculosis drugs as the form of humanitarian aid”, said the unnamed MoU source, News1 agency reported.

Kim Jong Un has been reacting to UN sanctions with a number of posturing moves in recent days
Reuters