According to a report in South Korea's Munhwa Ilbo newspaper, which cites an unidentified government official, South Korea's military is preparing a "surgical strike" scenario that could wipe out North Korean command and missile and nuclear facilities following an order by S.Korea's President Moon Jae-in. Munhwa adds that the military is to report the scenario to presidential office after completing it as early as August 1.
With Gen. John Kelly set to be sworn in as Trump's new Chief of Staff, just days after the latest and most advanced North Korean ICBM test yet, one which can reportedly reach as much as half the major metro areas on the continental US, President Trump on Monday pledged to "handle" North Korea's provocative belligerence, without specifying exactly how he would do so as he faces rising tensions and limited options.
Two days after President Donald Trump tweeted he was "very disappointed" in China
following Pyongyang's latest missile test adding that "we will no longer allow this to continue", Beijing has hit back at Trump on Monday, saying the problem did not
arise in China and that all sides need to work for a solution, according to a statement sent to Reuters by China's Foreign Ministry.
Authored by James Rickards via The Daily Reckoning,
With the U.S. preparing to confront China and go to war with North Korea, Russia is an indispensable ally for the U.S.
There are huge implications on capital markets as these hegemonic powers continue to edge toward war.
Here’s an overview of some of the financial implications of improved relations with Russia…
1: The End of OPEC and the Rise of the Tripartite Alliance
Less than a month after the US flew two B-1B bombers over the Korean Peninsula to show off "US attack capabilities", the US Air Force did it again on Sunday, when it the flew two supersonic B-1B bombers over the Korean peninsula in "a show of force" on Sunday after Pyongyang's Friday test of an ICBM that can reach the continental US.