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Two Koreas trade fire, spooks markets
Reuters ^ | January 26, 2010 | Jack Kim

Posted on 01/26/2010 9:56:33 PM PST by myknowledge

SEOUL (Reuters) - North and South Korea exchanged artillery fire near their disputed sea border on Wednesday, the second time in three months the rivals have clashed and briefly sending prices down on jittery Seoul financial markets.

Analysts doubted the latest clash would escalate and saw it more as an attempt by Pyongyang to stress the instability on the Korean peninsula and press home its demand for a peace deal that would open the way to international aid for its ruined economy.

South Korea's Joint Chiefs of Staff said the North fired artillery shots from land toward the South but landing on its side of the disputed sea border off the west coast.

South Korea returned fire from its coastal artillery.

(Excerpt) Read more at reuters.com ...


TOPICS: Foreign Affairs; Front Page News; News/Current Events
KEYWORDS: bhoasia; exchangefire; northkorea; northsouthtensions; southkorea

Another artillery exchange between the two Koreas...

1 posted on 01/26/2010 9:56:34 PM PST by myknowledge
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To: myknowledge
Wait, wait, wait! A communist country with a "ruined" economy?? How can that be so? They are a worker's paradise! Just ask them.

And we have one party in Washington that wishes to be just like them. Imagine that!

2 posted on 01/26/2010 11:38:58 PM PST by OrangeHoof ("Barack Obama" is Swahili for "Bend over suckahs".)
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To: OrangeHoof; Fred Nerks
Obama wanys America to be a Utopia just like North Korea. We all can do the "worship Kim Jong Il" goose step for Obama!Wow!

Lets do it today....mmmmmmm.......mmmmmmmm....Barak Hussein Obama!!!!

3 posted on 01/27/2010 1:38:05 AM PST by Candor7 (((The effective weapons against Oba- Fascism are ridicule, derision , truth (.Member NRA)))
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To: myknowledge

Korean Connection shorted the markets. ROFL.


4 posted on 01/27/2010 4:18:22 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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