Tuesday, October 10, 2006

North Korea Update

North Korea Update

It's been a day since North Korea detonated it's first
nuclear device...Irking the global community. How
successful the test was is under discussion. Some say
it was more of a fizzle than a true nuclear explosion.


Nevertheless, I've continued to watch East Asia and
South Korea carefully. One reaction has been a more
hard line approach by South Koreans. In past months,
many South Koreans have favored a more moderate
approach to NK. The test seems to have moved many in
the South to a firmer, bolder view against the regime.


I think this copy from Yonhap addresses concerns by
those of us who work for/ with Korean-based firms. I
see little direct impact of the North's nuclear test
outside raising concerns and anxiety.

SEOUL, Oct. 10 (Yonhap) -- South Korean Prime Minister
Han Myung-sook on Tuesday instructed economy-related
ministries to map out measures to minimize any
negative impacts of North Korea's nuclear test on the
South Korean economy, officials said. ###

I'll continue to monitor the situation 24/7/365. On
Wednesday evening I'll be attending a discussion
regarding NK at the UCSD IRPS Grad School. I share any
new insights we discuss in future postings...

DS

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