Published: Fri, October 13, 2017
Markets | By Terence Owen

Can former US President Jimmy Carter bring peace to the Korean Peninsula?

Can former US President Jimmy Carter bring peace to the Korean Peninsula?

The US has repeatedly ruled out negotiations with North Korea.

Trump slammed more than two decades of US policy toward North Korea on Twitter on Monday, saying past action to quell the crisis "didn't work".

But now, President Donald Trump might have turned the tables, and the North Korean regime, once hungry for the "ultimate battle", is now starting to walk back from its threats of armed conflict.

Separately, the Navy said a US submarine that is capable of firing Tomahawk cruise missiles and torpedoes made a port call Saturday at the USA base in the South Korean city of Chinhae.

The four aircraft then flew across the peninsula and staged another round of a firing exercise over the Yellow Sea before the two B-IBs returned home, the South Korean Joint Chiefs of Staff (JCS) said.

South Korean companies that were forced to shut down operations in the Kaesong Industrial Complex in North Korea in 2016 have petitioned the government in Seoul to investigate reports that Pyongyang has reopened the facility without their consent.

Ri told Tass that the North's nuclear weapons represent a deterrent to protect the country from the U.S. Because that's really a world problem; that's beyond just the United States. However, the new commentary does not talk about attacking the United States, but instead on building up its own defenses.

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He told officials that leading a group of men into a 2007 armed confrontation was an error in judgment he would not repeat. He was acquitted the following year in Los Angeles in what was dubbed the "trial of the century".

Australia's recent denial of entry for North Korean soccer players is also in line with the stance, the foreign minister said, referring to her decision not to issue visas for a North Korean soccer team seeking to participate in next month's qualifying matches for the Asian Football Confederation under-19 championships, originally set to take place in the country.

The speech came about a week after the UN Security Council had voted to ratchet up sanctions on North Korea following its sixth and largest nuclear test. The regime admitted in a rare article published on its state media late last month that the sanctions were causing "a colossal amount of damage". Meanwhile, the Chinese and Russian governments each responded on October 9 to Trump's tweet on October 7 that "only one thing will work" in terms of North Korea policy.

On Saturday, a USA nuclear-powered Los Angeles-class attack submarine arrived in South Korea. In this case, revealing the location of the submarine equipped with twelve vertical launch tubes for Tomahawk cruise missiles, was likely to send a message to the North.

This is the second time since Trump's fiery U.N. General Assembly speech that North Korea vocally accused the US of declaring war on its country.

"In this region, we now have a joint task group which is traveling through. the region", she said. "It is also consistent with the view of many other members of the global community to lessen, reduce or completely diminish any diplomatic relationship with North Korea".

In his speech before the United Nations General Assembly in September, Trump said the USA will "totally destroy" North Korea if it pushes ahead with its development of nuclear weapons and intercontinental ballistic missiles.

Two U.S. Air Force bombers flew over North Korea on Tuesday night, in a demonstration aimed at deterring North Korean military activity on the 72nd anniversary of the regime's ruling party, Reuters reported.

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