Tensions Mount in Asia; North Korea Prepares for Combat; South Korea Won Sinks to 8-Month Low; Futures Sink, Nikkei Hammered Again
Posted on May 25th, 2010 in Economy | Comments Off
Smack in the midst of a “global recovery” tensions are heating up in Asia. Please consider Kim Jong II Orders Military to Get Ready for CombatNorth Korean leader Kim Jong II ordered the country’s military to get ready for combat in a message televised nationwide last week following South Korea’s announcement that North Korea torpedoed the South’s warship. South Korea’s President Lee Myung Bak said yesterday the country will push for United Nations censure against North Korea for the …
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Tensions Mount in Asia; North Korea Prepares for Combat; South Korea Won Sinks to 8-Month Low; Futures Sink, Nikkei Hammered Again