North Korea fired at least 200 bombs at South Korean island with no reason.

North Korea has ablaze at least 200 artillery shells at a South Korean island Yeonpyeong in the Yellow Sea today, killing 2 troops and gravely injuring at least 12 servicemen, according to the reports. After that, strains between North and South Korea have boiled over, with shots being fired by both sides.

Tensions have been running soaring since prior in the year when the South charged the North of torpedoing one of its navy vessels and killing the 46 sailors on board. Just 2 days ago the North exposed the subsistence of an earlier secret uranium nuclear programme.

The South Korean military went on its uppermost state of alert, the defence ministry said and YTN statement that South Korean air force jets were knotted to the island.

Today, the government assembled a meeting the president’s war trench to settle on on a plan of action following the attack. F-16 fighter jets were rounded up and the state of military willingness was lifted to its uppermost level short of war.

A ministry spokesman told that “A North Korean artillery unit staged an illegal firing provocation at 2:34 pm (0534 GMT) and South Korean troops fired back immediately in self-defence”.
Read More:North Korea fired at least 200 bombs at South Korean island with no reason.

North Korea fired at least 200 bombs at South Korean island with no reason.

Korea tension: Commodities are the thing to invest in, says Jim Rogers

Global markets are correcting and everyone is saying it is because of Korea. Would you endorse that thought?

First of all, global markets should be correcting about this time because they have been pretty strong recently and there is always some reason to correct. This time, it looks like it might be Korea. Whenever you have threat of war, usually everything goes down at first, then you have to figure out what to invest in after the initial collapse. In my view, the thing to invest in is commodities because if there is going to be war, it is always good for commodities and if there is no war, then commodities will rally like everything else.

So what did you make of today’s sell off and the news coming out of Korea? Do you think it was just a trigger point for people to unwind positions in the market and do you think stepping into December from a near term perspective, there would still be some selling pressure that will continue?

Yes, we have had very strong markets in the past 2 or 3 months in the West anyway and whenever you have strong markets, something always comes along to call for correction. There is always some surprise and again, I have no idea what is going on in Korea, but just that nothing else is the reason for the correction, it could have been rain in Spain that could have caused the correction and the markets always find a reason to correct after they have been strong for a while and this is certainly a good reason to correct. If suddenly World War III is about to breakout, a good reason for the market to correct. I do not expect World War III to breakout by the way.

Buy on rumours and sell on news and we have seen that happening once again. Immediately after the QE2, blueprint was out, commodity has corrected and dollar actually has reversed. Do you think this is a short term phenomenon? Everyone took Mr. Bernanke for granted that he will continue to print money, there was too much of forward buying which happened before the QE2 final announcement and now the excesses are getting flushed out?
Read more:Korea tension: Commodities are the thing to invest in, says Jim Rogers

Korea tension: Commodities are the thing to invest in, says Jim Rogers

World War 3 Getting Closer ? North Korea Strikes South Korea

Is this the beginning of the third World War ? This morning South Korean Island Yeonpyeong was hit by a whopping 200 shells from North Korea over a dispute of their borders and South Korea not following their orders . South Korea tried fighting back with their fighter jets on the go .

2 marines and 16 civilians were injured during the bombing . South Korea has halted the military drilling on the borders and have called North’s actions “inhumane” . The two sides still stay at war they have no peace treaties in mind .
Read More:World War 3 Getting Closer ? North Korea Strikes South Korea

World War 3 Getting Closer ? North Korea Strikes South Korea

GRAPHIC RADICALS: 30 Years of World War 3 Illustrated Art Events Add comments

NEW YORK – Graphic Radicals is a 30th anniversary retrospective of World War 3 Illustrated, an independently published political comic magazine founded in 1980 by artists Seth Tobocman and Peter Kuper. Comprised of original comics, drawings and paintings, posters, commissioned murals, documentary film, animation and a complete set of issues, Graphic Radicals will be the largest World War 3 exhibition to date and will highlight the history that World War 3 has scrutinized, documented, and participated in for three decades.

World War 3 Illustrated was first established in response to the Iran hostage crisis and impending election of Ronald Reagan and since then has confronted social and political issues ignored by the mainstream press. The magazine is an annual publication produced by a collective of artists with each issue addressing a particular theme. WW3 has covered topics as diverse as the Tompkins Square riot, homelessness, first-person accounts of 9/11, the prison industrial complex, a teachers’ strike in Mexico, Hurricane Katrina rescue efforts and, in the upcoming issue, the food chain.

Critic Lucy Lippard wrote of World War 3 Illustrated that its “ecological and social prophecies are coming to pass, and the apocalyptic vision that gives WW3 its desperate force and unique identity is the present.”

ARTISTS

Mumia Abu Jamal, Penny Allen, Peter Bagge, Isabella Bannerman, Rosie Bottom, Steve Brodner, Zenzele Browne, Leigh Brownhill, Christopher Cardinale, Sue Coe, Scott Cunningham, Brian Damage, Eric Darton, Eric Drooker, Kate Evans, FLY, Susan Greene, Ethan Heitner, Chris Heneghan, Paula Hewitt, Mirko Ilic, Ryan Inzana, Melissa Jameson, Sandy Jimenez, Sabrina Jones, Kathy Kelly, Tom Keough, Stephen Kroninger, Peter Kuper, Irene Ledwith, Tom McDonald, Mac McGill, Rebecca Migdal, Naji-Al-Ali, Ursula O’Steen, Maddalena Polleta, Kevin Pyle, Carlo Quispe, Corinne Rhodes, Spain Rodriguez, James Romberger, Joe Sacco, Nicole Schulman, Susan Simensky Bietile, Erin Sinefit, Chuck Sperry, Art Spiegelman, Tenesh, Seth Tobocman, Teresa Turner, Lawrence Van Abbema, Anton Van Dalen, Edwin Vazquez, John Williamson, Susan Willmarth, Samantha Wilson, Leah Wishnia, David Wojnarowicz, WW3 Arts In Action, Micah Ian Wright Read More:GRAPHIC RADICALS: 30 Years of World War 3 Illustrated Art Events Add comments

GRAPHIC RADICALS: 30 Years of World War 3 Illustrated Art Events Add comments