Germany tries to defuse North Korea tensions, praises China

Frederick Owens
August 19, 2017

Moon's comments follow a spike in animosity generated by North Korea's warning that it might send missiles into waters near the US territory of Guam, and Trump's warlike language. "But we don't need to be impatient", he said.

North Korea's threat was in reaction to new United Nations Security Council restrictions. "This is a firm agreement between South Korea and the U.S. people can be assured and trust that there will be no war".

"The people worked together to rebuild the country from the Korean War, and we can not lose everything again because of a war", Mr Moon said in a nationally televised news conference.

"The US and President Trump also said, no matter what option they take about North Korea, all decisions will be made after consulting with and getting agreement with the Republic of Korea".

Dunford was responding to questions about comments by Trump's chief strategist Steve Bannon, who was quoted in an interview with The American Prospect as saying "there's no military solution" to the North Korean problem. "The alternative would have been both catastrophic and unacceptable!"

Kim has said he will put off making a decision on whether to launch the missiles towards Guam, wanting to watch the USA administration's actions a while longer.

Pyongyang said Monday it had finalized a plan to fire four missiles less than 25 miles off Guam but state media said leader Kim Jong Un would wait to assess the US' next move before giving launch orders.

China is United States' biggest creditor once again
Japan became USA biggest creditor in October, when it owned $1.13 trillion treasuries, and ranked second after eight month. It took a full seven months after Donald Trump's election for China to overtake Japan as the main holder of US debt.

Markets end flat as Nifty manages to hold on to 9900-mark
Among stock-specific action, Infosys ended 5 percent higher as the company said it will consider buyback of shares. In Asia, most of the indices gained after investors took heart from the minutes of a U.S.

Few Details on Trump Infrastructure Executive Order Press Event
During the appearance, Trump showed a several-foot-tall flow chart of the current permitting process that can take 10 years. USA officials have estimated the United States suffered $260 billion in flood related damages between 1980 and 2013.

The official daily Rodong Sinmun criticized the South Korean leader, who in a Tuesday speech asserted that Seoul's "big challenge at present" is an "issue of the north's nukes and missile".

He also suggested recent bellicose rhetoric from Trump, which included a threat to unleash "fire and fury" on the North, was meant to increase pressure on the defiant North and not a signal of military action. "I do not necessarily believe that showed his determination to take military actions", he added.

Technical ability to place a nuclear warhead on an ICBM "will not be tolerated" On August 17, President Moon Jae drew a "red line" with regard to North Korea's nuclear and missile program, issuing a stern warning to the government in Pyongyang.

Next week's start of annual U.S.

But Berlin played down the idea that Germany could be a significant mediator between Pyongyang and Washington, after hosting talks between the two a decade ago. It also conducted two underground nuclear tests in 2016.

In Seoul, South Korean President Moon Jae-in said he would consider sending a special envoy to North Korea for talks if the North stops its missile and nuclear tests, in an effort to jumpstart diplomacy.

Other reports by Free-Prsite

Discuss This Article

FOLLOW OUR NEWSPAPER