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Free AccessNuclear Tensions Rise On Korean Peninsula
Nuclear rhetoric has escalated on the Korean Peninsula with South Korean President Yoon Suk Yeol making hawkish comments on North Korea's nuclear programme and boarding a nuclear-armed US submarine.
- According to Yonhap, Yoon said that a North Korean "nuclear provocation" should be unthinkable and would "lead to end of [the Kim] regime."
- Comes as the USS Kentucky yesterday became the first nuclear-armed US submarine to visit South Korea since the 1980s - part of an agreement between Yoon and President Biden in April to place Seoul firmly within the US nuclear umbrella.
- ROK Defense Minister Lee Jong-Sup said the submarine visit “shows the allies’ overwhelming capability and posture against North Korea,” and represents a continued hawkish pivot from the Yoon administration.
- Yoon's hard line on Pyongyang might be taken with an eye on his domestic approval rating, which has seen a modest recovery since his White House State Visit in April, but remains deeply underwater at 24%, according to Morning Consult.
- The increased risk environment, which includes a potential 7th North Korean nuclear test, is also complicated by a lack of open defence-to-defence channels between the US and China.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.