North Korea’s military threats against the South and the US have now turned into economic ones. The latest warns of a shut down of the Kaesong factory complex.
The industrial park stands as the last significant symbol of cooperation between Pyongyang and Seoul.
It is jointly operated but is more vital to the north’s economy as it provides 72 million euros a year in wages for the thousands of North Koreans who work there.
Threatening to shut Kaesong comes after a build up of tension on the Korean peninsular.
Leader Kim Jong-un has already said his country is entering a ‘state of war’ with the South and has readied rockets to strike at US targets.
Pyongyang is angry at a hike in sanctions imposed after it defied the west and conducted a third nuclear test in February.
But while the rhetoric has become more bellicose few believe Kim will risk an all-out war.
Analysts see it as a strategy to up the pressure on South Korea and the US to soften their policies towards the North.
- 1‘Human error responsible’ for deadly Bad Aibling train crash – sources
- 2Two commuter trains collide head-on in Germany
- 3Leopard enters Indian school, mauls six people
- 4Refugees in Hungary offered classes to speed integration
- 5New migrant tragedy claims 27 lives as Greece grapples with refugee crisis
- 1euronews live TV - News | euronews : the latest international news as video on demand
- 2International news | euronews, latest international news
- 3Madrid to appeal Catalan road to independence from Spain
- 4Hope vs harsh reality: challenges to global education goals in the 21st century
- 5Partnering to grow Europe
- 6Extras : euronews : the latest international news as video on demand
- 7Turkey: Explosion hits Istanbul’s main tourist district
- 8Thousands in Bucharest blame corruption for Friday’s nightclub blaze
- 9Jorge Lorenzo clinches his third MotoGP title in Valencia
- 10Macedonian Postcards: The Mavrovo National Park
- 11Moldova: protesters storm Parliament
- 12Paris: “I would rather see my brother in prison than in a cemetery”
- 13Special Reports : euronews : the latest international news as video on demand
- 14Benzema questioned in French sex tape case
- 15Merroussis clinches the 33rd Athens Authentic Marathon
- 16latest Learning World - All Programmes | euronews : the latest international news as video on demand
- 17Norway sends Syrian refugees back to Russia
- 18Brussels remains on high alert: ‘multiple operations underway’ across Belgium
- 19Business news and finance news | euronews: international economic and finance news
- 20International breaking news | euronews online world breaking news in video
Wires > News
- 22:16 CET Consternation at Austrian case of Nazi camp survivors called ‘a…
- 22:01 CET U.N. Security Council members push Russia to stop Aleppo bombing
- 21:58 CET U.S. says political crisis building in Democratic Republic of Congo
- 21:48 CET Republicans Christie, Fiorina dropping White House bids
- 21:23 CET Congo opposition calls for general strike to make Kabila stand down
- 20:24 CET Damascus expects tough but short battle for Aleppo
- 20:12 CET Argentine football team Huracan’s bus overturns in Venezuela…
- 20:05 CET Poland to join fight vs Islamic State in return for NATO help in…