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HomeNewsWorldNorth Korea News LIVE: As work at nuclear site begins, survey says Pyongyang most secretive exporter of small arms

North Korea News LIVE: As work at nuclear site begins, survey says Pyongyang most secretive exporter of small arms

South Korea has said it may have detected activity related to an intercontinental ballistic missile launch. Live updates.

September 14, 2017 / 13:30 IST
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14.12 UN Secretary General Antonio Guterres has said that the unity among certain members of the UN Security Council was paramount for resolving the ongoing North Korea issue. Guterres said that unity between China, the United States and Russia was essential if North Korea's nuclear ambitions were to be put to an end.

14.05 "Given the new developments on the Korean peninsula, China agrees that the UN Security Council should respond further by taking necessary measures," Wang told reporters in Beijing. "We believe that sanctions and pressure are only half of the key to resolving the issue. The other half is dialogue and negotiation," he added.

14.04 China seems to have finally given in to the idea of imposing stronger sanctions on North Korea. Chinese foreign minister Wang Yi has said that China would support the United Nations taking further measures against North Korea.

13.31 European foreign policy chief Federica Mogherini has called for the European Union to impose additional sanctions on North Korea as a part of the international pressure being exerted at the moment on the rogue nation.

13.26 Russian President Vladimir Putin has said that he hopes the situation in the Korean Peninsula does not descend to a conflict involving the use of weapons of mass destruction.

13.04 The price of automobile fuel has reportedly skyrocketed in North Korea, possibly because of developments related to the sanctions being imposed on the country. Last month, gasoline prices had risen to nearly USD 30 for 15 kilograms and they have risen substantially once again. Drivers in Pyongyang have had to visit multiple gas stations to get their tanks full as gas supply has been significantly reduced. Some stations are secretly charging extra too, according to some media reports.

12.54 This rare aerial footage of North Korean capital Pyongyang shows a city full of skyscrapers and other modern structures but devoid of pedestrians and cars.

12.53

12.32 "There are possibilities to achieve the settlement of Pyongyang's problem by diplomatic means. This is possible and must be done. We are telling them that we will not impose sanctions, which means you will live better, you will have more good and tasty food on the table, you will dress better. But the next step, they think, is an invitation to the cemetery. And they will never agree with this," Putin said in his address at Vladivostok.

12.31 Criticizing the United States' demand for stronger sanctions to be imposed on North Korea, Russia's Vladimir Putin said that if it happens, it would only push North Korea to start an armed conflict.

12.24 Speaking at the same forum in Vladivostok, Japanese Prime Minister Shinzo Abe said that the issue surrounding North Korea needs quick action and that all major world powers must push Pyongyang to meet its obligations to the United Nations and put an end to its nuclear weapons and missile programs.

12.18 Russian President Vladimir Putin has said he believes that US President Donald Trump's administration is willing to defuse tensions in the Korean Peninsula, but reiterated Russia's opposition to imposing stronger sanctions on North Korea. Putin was speaking at an economic forum being held in Vladivostok.

12.09 In a phone conversation with US President Donald Trump, Chinese President Xi Jinping reiterated China's commitment towards denuclearising North Korea, after Trump warned that any threat from the rogue nation will be met with an "overwhelming" response.

11.55 According to a report by The Times, UK, South Korean commandos will be working with the team of US Navy Seals who killed Al-Qaeda chief Osama bin Laden to create a special squad to assassinate North Korean leader Kim Jong-un.

11.52 According to media reports, dozens of South Korean protestors have been injured in clashes between them and the South Korean police as the US military added more launchers to their THAAD missile defence systems deployed across the country. The police officers also reportedly smashed windows of cars that were being used to block roads.

11.47 Suki Kim, a South Korean-born American writer who worked undercover in North Korea for over 6 months, has said that an uprising by the people of North Korea against the Kim Jong-un regime is the only way of dealing with the issue. "Literally the only way to approach it is a regime change, North Korea as a regime will not cooperate, you cannot actually come to any conclusion dealing with [their] great leader system," she said.

11.42 South Korean citizens took to the streets today, protesting the deployment of THAAD missile defence systems by the US military. South Koreans have been opposing the THAAD systems for quite some time as they believe the system's presence will impact the environment and health of people in an adverse way. Some maintain that deploying these systems is only going to result in an escalation of tensions in the Korean Peninsula, not help calm them down.

11.34 South Korea has said that it expects North Korea to launch yet another intercontinental ballistic missile on Saturday, September 9. "The situation is very grave. It doesn't seem much time is left before North Korea achieves its complete nuclear armament," South Korean Prime Minister Lee Nak-yon was quoted as telling a meeting of defense ministers in Seoul today.

11.26 US-led military alliance NATO has urged all other countries to step up their efforts in imposing stronger sanctions on North Korea and stop its nuclear tests. The appeal was perceived to be aimed at North Korea's trading partners China and Russia, who seem to be holding back penalties.

11.12 Citizens of Pyongyang lined the streets to cheer buses carrying the specialists into the city, and tens of thousands of people gathered in Kim Il-Sung Square to praise their efforts.

11.10 North Korea on Wednesday held a mass celebration for the scientists involved in carrying out its largest nuclear blast to date, with fireworks and a mass rally in Pyongyang.

10.41 The rocket scientist behind North Korea's controversial nuclear weapons program was picked out of nowhere by Kim Jong-un after he spotted a mistake in 2012 missile test that went awry. After that, Kim Jong Sik, as he is known, was elevated to Kim Jong-un's inner military circle in 2012, after the successful launch of a Unha-3 rocket in December that year.

10.06 Reports have just come in that amid protests in the South Korean village where the THAAD systems have been deployed, US military personnel have added more launchers to the anti-missile systems.

09.59 Meanwhile, in the Chinese city of Dandong, which is on the Chinese-North Korean border, one could be excused for thinking there is nothing going on in the Korean Peninsula. Trucks are still seen plying to and from North Korea and people are seen walking calmly on the promenade in plain view of North Korean border guards. Even local businesses like hotels and restaurants said that the tourist season, which is drawing to a close, did not see much of an impact because of the war of words between US and North Korea.

09.50 Analysts have been quoted saying that if North Korea follows through on its threat of launching nuclear attacks, Asia's supply chain will be badly hurt. South Korea will be one of the worst-affected countries if war breaks out in the Korean Peninsula and it is one of the largest economies in the world. A lot of other countries depend on South Korea, particularly for electronics, and war-related devastation in the country could end up disrupting the entire manufacturing supply chain in Asia.

09.41 South Korea had already deployed two launchers of the US anti-missile Terminal High Altitude Area Defense system couple of days ago. Amid rising tensions, it decided to install the four remaining launchers of the THAAD system on a former golf course earlier today.

09.38 South Korea has reportedly deployed anti-missile systems across the country. Protestors in a South Korean village clashed with thousands of policemen today as components of a controversial system to guard against North Korean missiles were deployed.

09.23 In a statement issued yesterday, President Trump said that the US would no longer tolerate North Korea's actions, but that using military force would not be his first choice. The President's comments were perceived to be in line with the classified briefings to Congress made by Trump’s top national security advisors - Defense Secretary Jim Mattis, Secretary of State Rex Tillerson and Dan Coats, the director of national intelligence.

09.01 In fact, in a conversation over the phone before meeting with him, Moon asked Putin to ban North Korean workers, who are one of the rogue nation's biggest sources of foreign currency. But Putin maintained that diplomacy, and not stronger sanctions, is what is necessary to solve the North Korean problem.

08.57 South Korean President Moon Jae-in and Japanese Prime Minister Shinzo Abe have repeated their calls for stronger sanctions on North Korea, including cutting the country's oil supply, after a meeting in Russia today. Both Moon and Abe are in Russia to meet with Russian President Vladimir Putin to discuss the North Korean issue. After meeting with Moon yesterday, Putin refused to go through with stronger sanctions as he believed it was not the answer to the problem. Abe is scheduled to meet Putin later today.

08.20 US Secretary of the Treasury Steven Mnuchin has said that he has an executive order prepared that will authorise him to stop trade with and impose sanctions on any country that trades with North Korea, adding that it was ready to go to the president. "The president will consider that at the appropriate time once he gives the UN time to act," Mnuchin told reporters.

08.12 "I feel like we still have two different polices on North Korea: one at the Department of State and Department of Defense, and another on the President's Twitter feed," Senator Chris Murphy, a Democrat from Connecticut, said in a press briefing.

08.02 US President Donald Trump's top national security advisers detailed the Trump administration's strategy for dealing with North Korea in back-to-back classified briefings on Capitol Hill in Washington DC yesterday. Although everyone seemed to agree that the security team's plan was a sensible one, given there has never been a good solution for the problem and that the problem had been troubling the US for decades now, the Democrats in the House believed that this plan was at odds with whatever President Trump has been saying through his Twitter handle.

07.55 Former Chicago Bulls star Dennis Rodman, who is famous for his friendship with North Korean leader Kim Jong-un, has said that he wants to try patching things up between Kim and Us President Donald Trump. Referring to his friendship with the North Korean dictator, Rodman said that he hangs out with him all the time. "We laugh, we sing karaoke, we do a lot of cool things together. We ride horses, we hang out, we go skiing, we hardly ever talk politics and that’s the good thing.I just want to try to straighten things out for everyone to get along together," he said.

07.44 What happened overnight?

The US has proposed a series of new sanctions to be imposed on North Korea that includes an oil supply cut and freezing Kim Jong-un's assets. The draft proposal also includes banning textile imports from North Korea by other countries and banning Kim Jong-un from traveling internationally. It is still unclear whether this proposal has the backing of either China or Russia as both of them had expressed their concerns about imposing such sanctions on North Korea.

21:30 China shot down “incoming missiles” on Tuesday early morning during a military exercise held over the waters that separate it from the Korean peninsula, reports South China Morning Post.
The drill, which began at midnight and came just two days after Pyongyang conducted its latest nuclear test, challenged a ground unit, under China’s air force, to shoot down simulated low flying missiles in the skies over Bohai Bay, the report quoted the official military news website 81.cn.
The missiles used in the “sudden attack” were shot down at the first attempt by the People’s Liberation Army’s missile force, the report said, without elaborating.
The exercise was the third in the bay area – the innermost gulf of the Yellow Sea between China and North Korea – since late July.

20:00 Former Senate Majority Leader George Mitchell said Wednesday the US can't expect China to help with North Korea's nuclear weapons threat.

Mitchell, a key mediator in the 1998 Good Friday peace agreement in Northern Ireland, said the problem with the US and China teaming up is the latter's "long-term interests are the exact opposite of ours."

"In the short-term, we both want stability. We wish this guy would calm down," Mitchell told CNBC US in an interview," referring to North Korean leader Kim Jong Un. "But in the long term, we want a unified Korea and a democratic regime. And that's the last thing that China wants."

18:30 Here's a look at the nations that would be in the range of North Korean missiles

17:30 US cooperation may be needed to evacuate Japanese nationals from South Korea in the event of an emergency on the Korean Peninsula, Foreign Minister Taro Kono has said, reported The Japan Times.

In principle, Japanese nationals should leave by commercial aircraft or by other means, but US help will become necessary if airports and seaports are closed, Kono told a meeting of the Foreign Affairs and Defense Committee of the Upper House on Tuesday.

Kono also said that the Japan-US defense guidelines stipulate cooperation in activities to evacuate noncombatants from a third country.

The remarks were made in reply to questions from Upper House lawmaker Antonio Inoki.

17:00 The government on Wednesday upgraded its estimated size of North Korea’s latest nuclear test to a yield of around 160 kilotons — more than 10 times the size of the Hiroshima bomb — as a leading member of the ruling Liberal Democratic Party said the country should debate the deploying of US atomic weapons on Japanese soil, reports The Japan Times.

Defense Minister Itsunori Onodera called Sunday’s nuclear test “vastly greater” than previous North Korean nuclear tests.

“(North Korea) is evolving not just their ballistic missiles but also their nuclear technology,” he added.

16.08 North Korea's primary foe is the United States, which commands the largest naval fleet and airforce in the world, and the third largest ground army. The US naval fleet consists of 11 aircraft carriers, with a combined tonnage of over 1.2 million tonnes. These carriers are the largest in the world and act as mini-navies by themselves, carrying over 80 aircraft at a time and packing lots of firepower. In addition to this, the US also has enough number of military aircraft to almost equal the rest of the world's put together.

16.00 China, of course, commands the largest army in the region, with a ground force of over 1.6 million personnel. In addition to this, China has three naval fleets — the North Sea Fleet, which has around 50 ships, the East Sea Fleet, which has around 60 ships, and the South Sea Fleet, which has around 82 ships, including the large aircraft carrier Liaoning, which carries 40 aircraft. The Chinese airforce is also one of the strongest in the world, consisting of over 1,300 fighter aircraft, and 11 airborne early warning planes.

15.43 Another major power in the region is Japan, which has an army of around 150,000 active personnel and a naval fleet of 124 ships, including 4 helicopter carriers, 26 destroyers, 10 frigates, and 18 attack submarines. In addition to this, the Japanese Airforce operates 373 fighter aircraft.

15.37 The South Korean army, which is also one of the largest in the world, has 625,000 active personnel serving in its armed forces, with around 425,000 of them being in the army. As of 2016, it also had around 70,000 active navy personnel and a fleet of around 170 commissioned ships, including 10 submarines and 10 amphibious warfare ships.

15.32 With all the talk about a possible outbreak of war in the Korean Peninsula, everyone has been wondering which countries will be involved in the war and how well are those countries armed. Well, as of 2012, the North Korean army had 1.1 million actively serving personnel, making it the fourth largest active army in the world. It has also worked hard over the last few years to increase its stockpile of weapons and according to a Pentagon estimate, currently has over 60 intercontinental ballistic missiles that could carry nuclear warheads.

15.23 Amid talks of a rapid escalation of tensions in the Korean Peninsula, China has now become the latest in a list of countries that have tested their own missile defence systems. A unit of the Chinese Airforce on Tuesday shot down missiles from a "surprise attack" in a drill conducted over the waters near North Korea.

15.01 When asked by South Korea's President Moon Jae-in to support the decision of cutting off oil supply to North Korea, Russian President Vladimir Putin refused to so. "I am concerned cutting off oil supplies to North Korea may cause damage to people in hospitals or other ordinary citizens," Putin said.

14.07 Vladimir Putin also said that the North Korea situation may be "impossible" to resolve. It is too dangerous to assume that North Korea is bluffing about its missile being able to reach US mainland, as recent studies of the test conducted and the shots fired have revealed that the claims may be legit.

13.46 However, in the joint press conference with South Korea's Moon Jae-in, the Russian President did acknowledge that North Korea possessing nuclear weapons was simply not acceptable. This comes a day after Putin said that North Korea would rather "eat grass" than give up its nuclear weapons.

13.42 Russian President Vladimir Putin has called for talks with North Korea, saying sanctions are not a solution to North Korea developing their nuclear firepower. The President was speaking after the meeting with his South Korean counterpart Moon Jae-in, who had earlier urged Putin to support stronger sanctions against North Korea.

13.36 Talking to The Washington Post, Narang, along with Joel Wit and John Delury, gave suggestions about how to best handle the conflict with North Korea in an effective manner. Interestingly, none of their suggestions involved use of military means. Read it here.

13.31 According to Vipin Narang, a nuclear strategy and nonproliferation expert at the Massachusetts Institute of Technology, bringing the North Korea situation under control does not really need US to fire even one shot. To get Kim Jong-un to do what US wants him to do will require two things Narang believes are now lacking: a coherent and unified message to Pyongyang from President Donald Trump’s administration, and strong, believable reassurances to America’s regional allies.

12.46 Amid all the confusion about North Korea and the latest developments from the Korean Peninsula, perhaps the biggest question asked over the last three days is "What does Kim Jong-un want?". In an article published in July, The Washington Post talked about the North Korean dictator's agenda and how understanding it would give us some clues about his nuclear strategy. Read it here.

12.13 Australian foreign minister Julie Bishop has said that Australia is prioritising diplomatic and economic solutions over military alternatives when it comes to North Korea. "Sanctions will bite, and bite hard," she said.

12.07 In the bilateral talks held in Vladivostok, South Korean President Moon Jae-in has reportedly asked Vladimir Putin's help to "tame" North Korea. "The global political situation has become very serious due to North Korea’s repeated provocations," Moon told Putin.

12.01 According to studies conducted by Chinese experts, the mountain where North Korea likely conducted its five most recent nuclear bomb tests could be at risk of collapse, potentially releasing radiation into the atmosphere. They believe the most recent tests were carried out under a mountain at North Korea's Punggye-ri test site, with a margin of error of around 100 metres.

11.55 South Korean President Moon Jae-in has said that he is open to all forms of talk with Kim Jong-un to resolve the ongoing tensions in the region, but stressed that this is not the time for dialogue.

11.37 In an article published by Abu Dhabi-based think tank TRENDS Research & Advisory on August 31 titled "North Korea and a Return of 'Balance of Terror'", Scott Englund speaks about how after a long gap, there is now a new “balance of terror” where two adversaries are capable of attacking one another’s cities with the most powerful weapons ever built. Read it here.

11.31 Japanese Prime Minister Shinzo Abe is also planning to visit Vladivostok to talk to both Putin and Moon about North Korea. In an interaction with reporters in Tokyo, Abe said that North Korea must understand that it has "no bright future" if it continues doing what it is doing.

11.25 "If we fail to stop North Korea's provocations now, it could sink into an uncontrollable situation," Moon said in his opening remarks in Vladivostok. On his part, Putin said that he welcomed the opportunity to discuss North Korea with Moon.

11.23 South Korea's President Moon Jae-in has requested for a meeting with Russian President Vladimir Putin to discuss how to prevent the North Korean situation from getting out of hand. Moon is currently in Vladivostok, Russia, for the Eastern Economic Forum that starts today.

11.06 US President Donald Trump has said that he will be speaking to Chinese President Xi Jinping about the security challenges being posed by North Korea. This would be the first interaction between the two leaders since North Korea successfully test-fired its largest-ever nuclear intercontinental ballistic missile on Sunday.

10.48 This piece, published by Stanford University's Freeman Spogli Institue of International Studies on August 16, speaks about what could be done to deal with North Korea within the boundaries of diplomacy. Read it here. 

10.42 Robert Kelly, Associate Professor of International Relations at Pusan National University in South Korea, has said that the possibility of the situation in the Korean Peninsula escalating to war is remote. "“No Korea analyst of any stature has argued for war. I don’t know one person in the Korea analyst community who thinks war is likely. Nor do I know anyone serious who has advocated air strikes or other kinetic options,” Kelly wrote in his commentary on the issue on Wednesday.

10.35 There is also increased concern that although North Korea may or may not be able to reach the US mainland with its ICBMs, it would be able to reach mainland Europe. The French defence minister on Tuesday warned that North Korea may be able to develop missiles that could reach Europe sooner than expected, and acknowledged that the possibility of the situation escalating to full-fledged conflict cannot be ruled out.

10.29 After North Korea's comments on Tuesday in the UN about having "gift packages" ready for the United States, Russian ambassador Vassily Nebenzia said that Russia would not be able to rush into the decision of imposing new sanctions on the rogue nation. As the situation is developing, there is more and more doubt that US would not be able to get the UN Security Council's go ahead for imposing new sanctions on North Korea, given that both China and Russia are also members of the Security Council.

09.59 Media reports from Tuesday said that the Pentagon estimated North korea to have upwards of 60 nuclear bombs that could be mounted on intercontinental ballistic missiles.

09.54 The North Korean media has also warned that the country could kill millions of Americans without ever firing a nuke at them by simply hitting the US with an electromagnetic pulse onslaught. If the power grid of a large area in the US, particularly on or near the east coast, collapses, it could lead to scores of casualties in a short span of time.

09.48 The Singaporean Ministry of Foreign Affairs has issued a travel advisory asking Singaporeans to avoid all travel to North Korea that isn't absolutely necessary, as Singapore does not have diplomatic representation in the rogue nation.

09.33 The North Korean media has criticized South Korea's move to expand the South Korean-Japanese military intelligence protection agreement.

"The said agreement, which the Park Geun Hye group of traitors concluded with Japan in November last year under the pressure and backstage manipulation of the U.S., aims at the bilateral exchange of information on surveillance and espionage on the northern half of the Republic under the pretext of coping with the "nuclear threat from the north" and contingency," North Korea's Consultative Council for National Reconciliation said in a statement.

07:36 Asian stocks are trading lower, tracking Wall Street’s slide overnight. The dollar was on the defensive with tensions in the Korean Peninsula showing little signs of abating. Japan's Nikkei shed 0.55 percent while South Korea's KOSPI was down 0.2 percent, on track for its fifth straight day of losses.

07:30 Here's what happened overnight:

A top North Korean diplomat has warned that his country is ready to send "more gift packages" to the United States, according to Reuters.

"The recent self-defence measures by my country, DPRK, are a gift package addressed to none other than the US," Han told a disarmament conference, using the acronym for the Democratic People’s Republic of Korea, the country’s formal name.

On Tuesday (yesterday), South Korea's National Intelligence Service (NIS) had said that North Korea is believed to be moving an ICBM. It also said that the missile's projectile and how it was being transported was unclear.

21:17 "I am allowing Japan & South Korea to buy a substantially increased amount of highly sophisticated military equipment from the United States," tweets US President Donald Trump.

18:39 US stock index futures pointed to a lower open on Tuesday, as geopolitical concerns surrounding North Korea's relationship with the West amplified jitters in market trading.

17:51 Does the US have enough defence systems to take on a North Korean nuke? Yes, it does. This CNN story tells you about the arsenal at US' disposal.

17:09 The UN is considering tougher sanctions on North Korea—but that could actually help Pyongyang, reports CNBC.

17:01 The single mountain under which North Korea most likely conducted its five most recent nuclear bomb tests, including the latest and most powerful on Sunday, could be at risk of collapsing, a Chinese scientist said.

16:56 Angela Merkel has called for more sanctions over North Korea. In parliamentary address Tuesday, Merkel said she would meet with EU foreign ministers this weekend to discuss ramping up sanctions against the rogue state.

15:56 South Korea said on Tuesday an agreement with the US to scrap a weight limit on its warheads would help it respond to North Korea’s nuclear and missile threat after it conducted its sixth and largest nuclear test two days ago, reports Reuters.

15:33

South Korean Defense Ministry handout: South Korean Vessels taking part in a naval drill off the east coast on September 4, 2017.

15:27 South Korea's National Intelligence Service (NIS) has said that North Korea is believed to be moving an ICBM. It said that the missile's projectile and how it was being transported was unclear.

14:42 British Conservative politician William Hague said that Kim Jong-un is probably a prisoner of his own dictatorship.

“Born the third son of Kim Jong-il, he has always faced a choice of getting absolute power for himself or facing the dire consequences of not doing so,” Hague wrote in the Telegraph, adding that were Kim to dismantle the brutal North Korean regime, or even relax his grip on power, he could easily be assassinated.

14:10 Russian President Putin also warned that the escalating North Korean crisis could cause a “planetary catastrophe” and huge loss of life.

13:53 Japan's parliamentary committee today condemned the nuclear test by North Korea and is demanding tougher UN sanctions on the rogue state. It also urged the Japanese government to take leadership in pushing for tougher punishment against Pyongyang.

13:35

13:23 "The world is stunned by news that the DPRK's intermediate-and-long range strategic ballistic rocket Hwasong-12 crossed the sky over islands of Japan along the preset flight track and accurately hit the preset target waters in northern Pacific.
The U.S. and Japan, the sworn enemies of the Korean nation, are struck with horror in face of the mettle of the DPRK which took the toughest counteraction against the U.S. insensible war drills. In the meantime, the Korean people feel relieved, their towering grudge settled," KCNA had reported on Monday.

13:17 Russian President Vladimir Putin has said that new sanctions imposed on North Korea would be "useless" and "ineffective", adding that imposing tougher sanctions on the regime of Kim Jong Un over its nuclear missile programme would not change the leadership in Pyongyang, but could lead to large-scale human suffering.

13:12 In an article published in KCNA, the state-owned news agency in North Korea, Kim Myong Gil, an officer of the Korean People's Army, said:

"Another thrilling nuclear thunder of Songun Korea is heavy punishment and sledgehammer blows to the US imperialists who are bringing the worst touch-and-go situation on the Korean peninsula while being carried away by ill-advised bravery.

Neglecting the strategic position of our country as a Juche-oriented nuclear power and a military power, they are bent on brigandish sanctions and stifling manoeuvres and hysteric war exercises. Today’s triumph deals another heavy blow to them, but fills us service personnel with the inexhaustible might and courage."

13:01

12:58 pm The South Korean Defence Minister has said that he is "willing to review" the plan for redeployment of tactical US nuclear weapons to Korea for first time in 26 years.

12:53 pm Talking at the BRICS Summit being held in China, Russian President Vladimir Putin compared North Korea to Iraq under Saddam Hussein. "We must not forget and North Korean should not forget what happened in Iraq," Putin said.

12:20 pm The situation in the Korean Peninsula is very precarious at the moment. The United States is putting all its weight behind the sanctions imposed on North Korea, asking other member nations of the United Nations Security Council to stop supplying oil to the rogue state. Here's how the North Korean chessboard is currently placed.

10:39 am According to various media reports, North Korea may launch ICBM tonight or tomorrow.

10.35 am Dollar index trading close to 0.2 percent down at 92.48 amid a cautious mood prevailing among market participants due to tensions in the Korean Peninsula.

9.41 am Media reports said that North Korea has been spotted moving what appears to be an intercontinental ballistic missile towards its west coast.

9.01 am  Speaking to the United Nations on Monday, US Ambassador to the United Nations Nikki Haley said that North Korea was begging for war. "Enough is enough," Haley said. "We have taken an incremental approach, and despite the best of intentions, it has not worked...War is never something the Unites States wants -- we don't want it now. But our country's patience is not unlimited. We will defend our allies and our territory."

8.55 am The South Korean navy conducted major live fire drills today to warn North Korea against any provocation at sea. The drills were conducted in the Sea of Japan and involved the 2,500-tonne frigate Gangwon, a 1,000-tonne patrol ship and 400-tonne guided-missile vessels, among others, the navy said in a statement.

8.18 am From the United States' point of view, a military response would be the least preferable option for a lot of reasons. Firstly, given that US intelligence about the locations of Kim Jong-un's nuclear sites is limited and that mountains occupy 79.5 percent of North Korea's territory, it would be very difficult to carry out a pre-emptive attack. Secondly, going by analyst estimates, it would take the US weeks, if not months, to get enough troops, equipment and fighter aircraft in the region.

8.09 am In a phone call on Monday evening with South Korea’s president Moon Jae-in, US President Donald Trump agreed to let the country build more non-nuclear ballistic missiles, something that South Korea has been seeking for many years. However, this might be too little too late as even if the South manages to build more missiles in time, it is unlikely to alter the strategic balance in the Korean Peninsula in a significant way.

7.59 am Also, China's trade with North Korea has steadily increased over the last one year or so and if it falls, South Korea is the one likely to take over. China will certainly not be overly comfortable with the idea of sharing a border with a US ally.

7.55 am It is unclear whether Chinese President Xi Jinping will go through with the decision to cut off oil supply to North Korea. China is North Korea's largest trading partner, accounting for around 90 percent of all trade carried out by the rogue state and all of the energy supply.

7.35 am In a last ditch effort to avoid using military means to resolve the ongoing tensions with North Korea, the US has urged other countries of the United Nations Security Council to cut off oil supply to the rogue state.

5.10 pm The problem with putting to use any one of the military options at the disposal of the US is that North Korea has, and always had, a lot of non-nuclear artillery within the range of the South Korean capital Seoul and its surrounding areas, which together house around 25 million people. Tens of thousands, if not more, would likely die if any military action is initiated.

5.07 pm Analysts have come out and expressed their doubts about whether the US really has any military options against North Korea that could actually be used. "We always have military options, but they're very ugly," said Mark Hertling, a retired US Army general, in an interactin with CNN.

4.57 pm Reports also quoted South Korea as saying that North Korea has completed preparations for a seventh nuclear test and is ready for launch.

4.18 pm Associated Press has reported that China has warned North Korea against proceeding with its reported plans to launch another ballistic missile, saying it should not worsen tensions.

4.15 pm According to media reports, Switzerland says it's prepared to mediate between Donald Trump and Kim Jong-Un.

3.30 pm Ever since US Secretary of Defence James Mattis warned of a massive miltary response by the US, safe haven assets like bonds and gold have risen across the globe.

3.08 pm Amidst the growing tension in the Korean Peninsula, the dollar index has fallen by more than 0.3 percent today. It is currently trading at 92.52.

1.49 pm Media reports say that China has called President Donald Trump's trade threat over North Korea "unacceptable" and "unfair."

1.46 pm Associated Press has reported, quoting South Korean government officials, that the US military will soon install additional missile-defense launchers at the site in southeastern South Korea in order to counter North Korea’s provocations.

1.42 pm

1.39 pm Other media reports suggest that South Korea is in the process of deploying four Terminal High Altitude Area Defense (THAAD) systems in response to the likely North Korean ICBM launch.

1.36 pm AFP has reported quoting Chinese foreign ministry officials that China has made a diplomatic protest to North Korea over its nuclear test.

1.15 pm News has just broken that North Korea may be close to launching an intercontinental ballistic missile (ICBM). South Korean agency Yonhap reported the country's officials as saying they have detected missile launch activity in North Korea, which could be linked to an ICBM launch. We're tracking live updates.

September 14, 2017 / 08:03 IST

Rating agency Standard & Poor's has said that the tensions in the Korean Peninsula are not high enough to downgrade South Korea's sovereign rating.
"As long as there is no actual war outbreak, I think the impact is relatively limited, and that's why we don't change our outlook on the rating of South Korea," Kim Eng Tan, senior director of Asia-Pacific sovereign ratings at S&P, was quoted as saying by a Korean newspaper.

September 14, 2017 / 08:00 IST

What happened when we were asleep?

The US State Department issued a statement saying they haven't given up on diplomacy to get North Korea to give up its nuclear weapons. Deaprtment spokesperson Heather Nauert said thatthe department is "realistic" but also "optimistic" that diplomacy will resolve the issue, expressing satisfaction with the new UN Security Council resolution against the North.

The Korea Asia-Pacific Peace Committee (KAPPC), a North Korean communist organisation, demanded that that the United States be "beaten to death" like a "rabid dog" for pushing fresh UN sanctions on Pyongyang over its latest nuclear test and added that ally Japan should be "sunken into the sea".

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September 13, 2017 / 19:41 IST

North Korea is one of the world’s most secretive major exporters of small arms such as including Kalashnikovs, rockets and machine guns, according to a report of experts in Geneva. TheSmall Arms Survey Trade Update 2017survey states that among 55 percent of nations who trade in small arms, the USD 6 billion market remains a murky industry in which weapons find their way into the hands of terrorists or are used by states to carry out human rights abuses.

The survey singles out North Korea along with nations such as Saudi Arabia and Iran on transparency of small arms. "The five least transparent major small arms exporters are: Iran, North Korea, Saudi Arabia, South Africa, and the UAE. These states do not provide information on their small arms exports to Comtrade or the UN Register,” the survey states.

"North Korea has received a score of 0 in every edition of the Transparency Barometer to date. It has never provided information on its small arms exports to Comtrade or the UN Register.30 In 2013, Comtrade recorded the highest value for North Korean small arms exports: USD 300,000," it says.

September 13, 2017 / 17:38 IST

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North Korea vowed todayto accelerate its weapons programmes in response to "evil" sanctions imposed by the UN Security Council following its latest and most powerful nuclear test.The North says it needs nuclear weapons to protect itself from "hostile" US forces and analysts believe Pyongyang's weapons programme has made rapid progress under leader Kim Jong-Un, with previous sanctions having done little to deter it.

September 13, 2017 / 16:15 IST

US-based defence analysts have said that North Korea has resumed work at its underground nuclear weapon testing site.

After studying recent satellite images, the analysts said they had detected new vehicles, mining carts and other signs of activity at the Punggye-ri underground nuclear test site in northeast North Korea.

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September 13, 2017 / 15:19 IST

In a well-rounded piece published today, Michelle Ye Hee Lee of the Washington Post talked about how South Korea now wants nuclear weapons of its own. Not too long ago, this was a fringe idea. But now that the threat from North Korea is escalating every passing day, the argument for South Korea to arm itself with nukes is gaining steam. Read the full story here.

September 13, 2017 / 15:15 IST

Chinese expert on Korean Studies Lü Chao has said that he does not believe imposing tougher sanctions on North Korea will result in the rogue nation giving up its nuclear weapons program.

"The US and its allies Japan and South Korea hope to suffocate North Korea and overturn its regime through economic and military pressure, but this will not work because China and Russia will not accept this, as it will affect their national interests and jeopardize the regional strategic balance," Lü said in an interview to Global Times. Read the full story by Global Times here.

September 13, 2017 / 15:07 IST

In a statement yesterday, the Russian agriculture ministry said that Russia is ready to develop cooperation with the United States in the field of agriculture. The statement said Russia eyes promoting US investments in its agricultural sector.

September 13, 2017 / 15:05 IST

The US State Department on Tuesday said that the current diplomatic row between Russia and the United States should not be escalated.

Secretary of State Rex Tillerson said he believed that "no further escalatory action is necessary at his point" and that both countries should look ahead and try strengthening their ties.

September 13, 2017 / 14:51 IST

"Of course, we take these proposals withinterest. A creative look and approach tothe situation are very much indemand," Ryabkov said when asked what Russia made of Merkel's statement. "But, saying this, I cannot butalso say that complete and direct parallels betweenthe two situations are probably already impossible, because the DPRK, unlikeIran, is a country that has already really mastered nuclear weapons technologies atleast toa degree that allows Pyongyang totest nuclear explosive devices and move inthe direction ofconstant improvement ofdelivery systems inthe form ofballistic missiles."

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