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North Korea shoots down Sensex : The BSE Sensex slumped over 336 points and the NSE Nifty slipped below the 9,800-mark in early trade today following global sell-off triggered by mounting geo-political tensions between the US and North Korea.

Beijing calls upon the United States and North Korea to de-escalate tensions

GDP, 2016.

South Korea: $1411 billion
North Korea: $28 billion
 
Australia to invoke mutual defence pact if North Korea attacks US

Australia has said it would invoke its long standing military alliance with America in the event the North Korean regime attacks the US. Malcolm Turnbull, Australia’s prime minister, issued the pledge on Friday following overnight talks with US vice-president Mike Pence about escalating tensions on the Korean peninsula. “America stands by its allies, including Australia of course, and we stand by the US,” Mr Turnbull told Australian radio. “The Anzus treaty means that if America is attacked, we will come to their aid and if Australia is attacked, the Americans will come to ours. We are joined at the hip. The American alliance is the bedrock of our national security,” he added. Mr Turnbull’s comments were tougher than those made by Julie Bishop, Australia’s foreign minister, who on Thursday said Australia would not automatically be involved should there be a “catastrophic” conflict on the Korean peninsula. “In fact we were not a party, in the legal sense, to the [Korean War] armistice so there is no automatic trigger for Australia to be involved,” Ms Bishop told Australia’s state broadcaster.


Australia’s military and strategic alliance with the US dates to 1951 when both countries signed the Anzus treaty, along with New Zealand. Although New Zealand later abrogated the pact, the mutual defence provisions are binding between the US and Australia and it remains the bedrock of Canberra’s foreign policy. Australian troops have fought alongside US forces in every major military conflict since the first world war. Euan Graham, analyst at the Lowy Institute, said there was no legal obligation under the Anzus treaty for Australia to commit to joining a conflict, rather the two nations had to consult. He said Mr Turnbull was clearly put in a tricky position by Mr Trump’s unscripted comments on North Korea. “Turnbull has shown the commitment of Australia to the alliance. He has clearly separated the long term benefits of the alliance from the short term questions over the US commander in chief,” said Mr Graham. Australia has only invoked the Anzus alliance once, following the September 11 terrorist attacks in 2001. John Howard, Australia’s prime minister at the time, describing the attacks as “heinous crimes” that caused catastrophic loss of life, injury and destruction. However, the aftermath of the Iraq war and the continuing war in Afghanistan have prompted concerns about overseas deployments in Australia among some politicians and defence experts. The election of Donald Trump as US president has also raised questions about the alliance, with the opposition Labor party describing his election as a “change point” requiring careful consideration. Australia was one of the first nations to commit troops to fight with the US in the Korean war in the early 1950s. Some 17,000 defence force personnel took part in the conflict, in which 340 Australians were killed and 1,216 wounded, according to the Australian war memorial.

Source: https://www.ft.com/content/cfee5644-7e3f-11e7-ab01-a13271d1ee9c
 
https://www.washingtonpost.com/worl...a0a64977c92_story.html?utm_term=.20db1d795792

China won’t come to North Korea’s help if it launches missiles threatening U.S. soil and there is retaliation, a state-owned newspaper warned on Friday, but it would intervene if Washington strikes first.

To 'strike' is more specific than to 'intervene'. If the US strike first, there is no telling the severity and the depth of that first strike. So say that the US first strike destroys NKR's launch facilities, how will China 'intervene' ? Strike at CONUS or US territories in the Pacific ? No. The best China can do to insert herself into NKR, thereby guaranteeing the US will go no further, which also guaranteeing that NKR will be a millstone around China's neck for the foreseeable future.
 
Nuclear Warheads

United States: 6800
North Korea: 30

Military Budget

United States: $611 billion
North Korea: $6 billion (estimate)
 
https://www.washingtonpost.com/worl...a0a64977c92_story.html?utm_term=.20db1d795792

China won’t come to North Korea’s help if it launches missiles threatening U.S. soil and there is retaliation, a state-owned newspaper warned on Friday, but it would intervene if Washington strikes first.

To 'strike' is more specific than to 'intervene'. If the US strike first, there is no telling the severity and the depth of that first strike. So say that the US first strike destroys NKR's launch facilities, how will China 'intervene' ? Strike at CONUS or US territories in the Pacific ? No. The best China can do to insert herself into NKR, thereby guaranteeing the US will go no further, which also guaranteeing that NKR will be a millstone around China's neck for the foreseeable future.

If US strike and you expect NK to sit idle without retaliate over SK or US soil? when thing escalade China will not sit Idle, sure American will ask what can China do about it? I guess this will be the first question American have in their mind.
 
The North Korea-United States tension has given way to fears of war between the two nuclear powers, but the Global Times, Chinese newspaper, says that should Korea choose to strike first, Beijing would do well to stay on the sidelines. PTI file photo.

627538_thump.jpg

http://www.deccanherald.com/content/627538/china-should-neutral-n-korea.html

A Chinese state-run newspaper called on Beijing today to "stay neutral" if North Korea strikes first in a conflict with the United States, despite a mutual defence pact between the Asian allies.

The nationalistic Global Times tabloid said in an editorial that Washington and Pyongyang were playing a "reckless game" that could lead to "miscalculations and a strategic 'war'".

"Beijing is not able to persuade Washington or Pyongyang to back down at this time," the Global Times said.

"It needs to make clear its stance to all sides and make them understand that when their actions jeopardize China's interests, China will respond with a firm hand."

The commentary came after Washington warned North Korea this week it faced "fire and fury like the world has never seen" if it continued to threaten the US with its missile and nuclear programmes.

That prompted a defiant Pyongyang to threaten a missile attack on Guam, a tiny US territory in the Pacific that is home to major US air and naval facilities.

China -- which has been accused by the US of not doing enough to rein in its longtime ally -- has maintained that political dialogue is the only solution.

China fought alongside the North in the 1950-53 Korean War and the two nations signed a mutual defence pact in 1961, but the Global Times suggested Beijing should remain on the sidelines if Pyongyang launches the first salvo in a new conflict with the United States.

"China should also make clear that if North Korea launches missiles that threaten US soil first and the US retaliates, China will stay neutral," the editorial said.

"If the US and South Korea carry out strikes and try to overthrow the North Korean regime and change the political pattern of the Korean Peninsula, China will prevent them from doing so."
 
US Marines ground all aircraft for 24 hours in wake of two deadly crashes
Source:Xinhua Published: 2017/8/12 7:35:59


The US Marine Corps on Friday announced a 24-hour operational pause for all of its aircrafts after two major deadly crashes in recent weeks.

"Gen. Robert B. Neller, Commandant of the US Marine Corps, directed US Marine Corps aviation units to conduct an operational reset for a 24 hour-period where no flight operations will take place but no operational commitments will be impacted," the Marine Corps said in a statement.

"Pauses in operations are not uncommon and are viewed as a responsible step to refresh and review best practices and procedures so our units remain capable, safe, and ready," the statement said.

The halt will affect all Marine Corps aircrafts, including those with tilt-rotors, helicopters and fixed-wing planes.

However, each unit commander can carry out the pause at his or her discretion within a two-week period, meaning those currently performing combat missions can continue operating and come up with a plan to ensure these missions are not affected by the pause, said a CNN report.

Last week an MV-22 Osprey tilt-rotor aircraft crashed while operating off the coast of Australia, killing three of the 26 Marines on board.

In July, a KC-130T transport plane crashed in the southern state of Mississippi, resulting in the death of 15 Marines and a Navy corpsman.
 
when thing escalade China will not sit Idle,...
Yeah...China will take over NKR to save SKR and JPN. :lol:

For all your nationalistic bluster, you know what I said is true. It may sound paradoxical, but SKR and JPN are more important than NKR. Sure, NKR may do some damages to both countries before Chinese tanks rolls into Pyongyang, but China knows that the US will not allow both countries to suffer much and if China do nothing, NKR will cease to exist, making things worse for China in the long run.

The US will get what we want in NKR -- regime change. Thanks to China. :enjoy:
 

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