Friday, March 11, 2016

NORTH KOREA AND ASIAN YOUNGEST PRESIDENT ANNOUNCEMENT OF FURTHER TEST OF STRATEGIC LONG RANGE MISSILE DEFENSE SYSTEMS WIH CONFISICATION OF SOUTH KOREAN BUSINESSMEN PROPERTIES HAS CAUSED SECURITY CONCERN AND FLUCTUATIONS ON THE DOMESTIC ASIAN AND FOREIGN MARKETS.



     North Korea and Asian youngest President Kim Jong Un announcement of possible confiscation of South Korean businessmen properties in the North Korean most Southern city of Kaesong after series of successful test of the strategic long range missile and missile defense systems in the South China Sea and the Pacific Ocean with intensified military exercise that has been intended to strengthened North Korea military presence in Kaesong for possible airstrikes of intended targets in South Korea territories has alarmed many countries as it has increased fear and anxiety in the South China Sea and the Pacific Ocean against further attacks that has been generally denounced by the Western Countries such as the USA, the European Union Countries and the Asian major countries as threat to security stability and better financial and economic prospects in the South China Sea and the Pacific Ocean regions. Attributes with the impact of North Korean President announcement of further confiscation of properties with the test of the strategic long range missiles has been remarkably acknowledged by frequent fluctuation of financial markets performance on the domestic Asian and the International foreign markets that entailed the South Korean markets, the Chinese markets, the European Union financial markets and the USA financial markets performance. However, satellites images have revealed unprecedented Naval War Ships presence in the Northern, the Southern China Sea and the Pacific Ocean. Besides, the frequent signals that have been made about the Japanese and the Chinese preparedness for possible military intervention in the South China Sea, the Pacific Ocean and against North Korea, if North Korea launch its long range missiles against China, Japan and South Korea major cities, particularly in the city of Kaesong.


                                                   Written by Professor Godfrey Ohia.


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E-mail address : ohiaprofessorgodfrey90@gmail.com
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