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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: jrhana who wrote (33212)5/7/2003 7:05:09 AM
From: TobagoJack  Read Replies (2) of 74559
 
Hi John, <<North Korea may export nukes>>

This news was in the cards, or would have been, sooner or later, either in the N.Korean deck, Pakistani stack, or Iranian pile of same.

If the following bits of details are true, and not an empty bluff of unprecedented proportions, then there is a problem, and the US will have to step up to the plate, therefore fumble the ball in Iraq, drop the racket in Afghanistan, not bother with cleaning up Philippines, and never mind the French and the Germans.

It would not be difficult to come up with a very long list of nations and organizations having the desire and the wallet to buy these devices, with or without the manufacturer's warranty. Start with the UN membership roll, and then flip through the ME phonebook.

ds-osac.org

NORTH KOREA
100 N. Korean Nuke Missiles 'Target US'
from Straits Times [Singapore] on Monday, May 05, 2003
SYDNEY - North Korea has at least 100 nuclear missiles aimed at the United States and will use them if new economic sanctions are imposed against it, a propagandist for the communist state claimed yesterday.

Mr Kim Myong Chol, who calls himself executive director of the Centre for Korea-American Peace, said: 'It's quite obvious North Korea may have minimum 100 nuclear warheads, maximum 300. They all lock onto American cities.'

Mr Kim was speaking in an interview recorded by Australia's Channel Nine network.

Asked if North Korea intended to use the weapons if the US did not give in to its demands, he replied: 'If the US attacks North Korea, North Korea will definitely use those nuclear weapons against the US mainland.'

Would it also use them if an economic embargo was imposed?

'Yes, definitely,' he said.

'North Korea will use those nuclear weapons against the US mainland if America imposes additional economic sanctions on North Korea.'

He claimed that the nuclear technology used to make the missiles had been tested in Pakistan and the weapons had been produced before Pyongyang's non-proliferation agreement was reached with the US in 1994. -- AFP

Copyright @ 2003 Singapore Press Holdings. All rights reserved.
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