According to nz.news.yahoo.com
YEONPYEONG ISLAND, South Korea (AFP) – North Korea forswore retaliation against a South Korean live-fire drill and held out an olive branch over its nuclear drive, raising hopes for an easing to the region’s worst crisis in years.
The communist state said it “did not feel any need to retaliate against every despicable military provocation”, despite previously vowing a deadly riposte to the South’s drill on the border island of Yeonpyeong
According to news.yahoo.com
SHANGHAI – Communities in central and northern China are facing power cuts and rationing as winter coal supplies fall short of surging demand.
Cold weather and transport disruptions typically cause shortages most years, but the problem has been complicated by coal producers’ unhappiness over price controls that are crimping their profits.
The disruptions to supply appear to be worst in major coal producing regions such as Henan, where 40 percent of coal-fired power plants had fuel reserves equivalent to no more than three days of demand, according to a report on the State Grid’s website.
According to startribune.com
TOKYO – Asian stock markets rose Tuesday as tensions on the Korean peninsula eased a few notches.
Investors spent the previous day worried about possible North Korean retaliation against South Korean military drills on a frontline island that was shelled by the North last month.
Instead, Pyongyang backed off threats to strike back and reportedly offered concessions on its nuclear program.
All of the above are result of North Korea backing off any military retaliation in event of South Korea conducting of military exercises.
I think either China had finally pressured North Korea down or given North Korea sufficient aid to “calm down” while both country now suffer one of the harshest winters in the coming days.
Could this event is a simple begging for humanitarian aid by bad boy North Korea using the usual hostage situation to blackmail the region into negotiation & resume more “6 party talk” which may means exchanging of food for nuclear disarmament.
However, if China & South Korea cannot help North Korea in the future…due to unforeseen circumstances…will North Korea really carry out their threats?
Let’s pray they will not, politics & the strategy of conflict negotiation is a very complex chess game that not many countries can decipher North Korea’s next move.
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