April 24, 2024
KCNA KCNA.co.jp (En)

S. Korean Regime's Sycophancy to U.S. Boomerangs on It: KCNA Commentary

Date: 21/08/2017 | Source: KCNA.co.jp (En) | Read original version at source

Pyongyang, August 21 (KCNA) -- There recently witnessed a sharp fall of stock prices in financial markets of south Korea and foreign investors are removing their capital en masse from it, giving rise to economic unrest.
Foreign investors concerned about the deteriorating situation on the Korean peninsula removed their foreign currency amounting to 1.3 billion U.S. dollars from south Korea, jolting its financial markets. Stock prices of major big businesses of south Korea have declined by 3 to 5 percent while stock prices sharply dropped in almost every industrial sector including electricity, electronics, construction, manufacture and circulation.

This is just the inevitable product of the U.S. outrageous hostile policy and nuclear war hysteria against the DPRK and a disaster the south Korean puppet regime invited by zealously joining the U.S. in its fabrication of the utterly unreasonable UN "sanctions resolution" and war moves against the DPRK.

The puppet regime, talking about "independent sanctions" on the DPRK, made no scruple of plunging itself into a risky gambling by playing the role of a shock brigade for the U.S. in its sanctions racket to stifle the DPRK.

It asserted that the UN "Resolution" 2371 is of practical significance in blocking the north's financing channel for nukes development as it would curtail the foreign currency income of the north and deal a telling blow at it.

The conservative cults of south Korea went so far as to assert that they feel regretful about the degree of sanctions as they are not harsher than what they expected, not content with "welcoming" the "resolution." They even pressurized the regime to raise the degree of sanctions on the north, saying "it is not desirable that the regime goes against the UN sanctions by talking about dialogue with the north."

This is just an impudent act of those recklessly going mad in escalating confrontation with the compatriots in the north, failing to face up to the current situation.

Unless the sycophantic acts of the puppets to offer everything to the U.S. seeking to further exploit south Korea by tightening its control over it are terminated, the chaos and uneasiness of the south Korean economy will lead to a deeper quagmire.

It is as clear as noonday that if the present tensions worsen and a war breaks out on the Korean peninsula, the existence of the south Korean society will be put in peril.

The south Korean regime should judge itself what baneful consequences its pro-U.S. acts will cause on the north-south relations.

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