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North Korea says to strike South if drill goes ahead
Posted 2010/12/17 at 2:46 pm EST
SEOUL/BEIJING, Dec. 17, 2010 (Reuters) — North Korea said on Friday it would strike again at the South if a live-fire drill by Seoul on a disputed island went ahead, with an even stronger response than last month's shelling that killed four people.
North Korean official news agency KCNA issued the threat as South Korea prepared for firing drills on Yeonpyeong island near a disputed maritime border with the North for the first time since November's exchange of artillery fire.
"The strike will play out a more serious situation than on November 23 in terms of the strength and scope of the strike," KCNA said.
A leading South Korean defense analyst said he doubted the North would carry out its threat, which rattled financial markets, and South Korea's Defense Ministry said the exercise planned for December 18-21 would go ahead.
The North had said its November shelling was a response to South Korean "provocations" after an artillery battery on the island fired in what Seoul said was a routine drill.
North Korea's warning came after Seoul promised a more robust response to any further attacks on its territory. The shelling of the island was the first time since the Korean War that North Korea had attacked South Korean territory.
"They would have to be committing to a full-out war if they did that (struck again)," said Baek Seung-joo of the Korea Institute for Defense Analyses, an expert on North Korea's military strategy.
"What's likely is they will do something as a face-saving action, such as firing their own artillery near the disputed waters," he said.
The Korean won currency fell slightly in offshore forward trading against the dollar, with the 1-month non-deliverable dollar/won forwards rising to as high as 1,159 soon after the news broke from around 1,155.
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Posted 2010/12/17 at 2:46 pm EST
SEOUL/BEIJING, Dec. 17, 2010 (Reuters) — North Korea said on Friday it would strike again at the South if a live-fire drill by Seoul on a disputed island went ahead, with an even stronger response than last month's shelling that killed four people.
North Korean official news agency KCNA issued the threat as South Korea prepared for firing drills on Yeonpyeong island near a disputed maritime border with the North for the first time since November's exchange of artillery fire.
"The strike will play out a more serious situation than on November 23 in terms of the strength and scope of the strike," KCNA said.
A leading South Korean defense analyst said he doubted the North would carry out its threat, which rattled financial markets, and South Korea's Defense Ministry said the exercise planned for December 18-21 would go ahead.
The North had said its November shelling was a response to South Korean "provocations" after an artillery battery on the island fired in what Seoul said was a routine drill.
North Korea's warning came after Seoul promised a more robust response to any further attacks on its territory. The shelling of the island was the first time since the Korean War that North Korea had attacked South Korean territory.
"They would have to be committing to a full-out war if they did that (struck again)," said Baek Seung-joo of the Korea Institute for Defense Analyses, an expert on North Korea's military strategy.
"What's likely is they will do something as a face-saving action, such as firing their own artillery near the disputed waters," he said.
The Korean won currency fell slightly in offshore forward trading against the dollar, with the 1-month non-deliverable dollar/won forwards rising to as high as 1,159 soon after the news broke from around 1,155.
.