Economy / North Korea
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Nuke Threat Is No Bluff
October 2006 | Market StrategySorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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North Korea's official announcement that it plans to conduct a nuclear test is no bluff, since Pyongyang has become fed up with the impasse in the nuclear dispute with the US and its allies. A test could coincide with the 61st anniversary of the founding of the ruling Worker's Party, on October 10, since the regime often uses key anniversaries to make grand gestures - although as yet there are no definitive signs of preparation, according to Seoul. In the meantime, although we expect the US, Japan, and South Korea to exert maximum pressure on the North not to go