Friday, March 08, 2013

Hyundai-Samsung doomed?

North Korea scraps peace pacts 

Are Hyundai and Samsung doomed?

While North Korea is not deemed capable of any nuclear strike on the US mainland, there are growing fears that it will mount some provocation in the form of a missile test or a similar artillery assault.

'To me, this feels like the most dangerous situation since the Korean War,' said Paik Hak-Soon, a North Korean analyst at the Sejong Institute in Seoul.
'The North is cornered more than ever in the international community and will keep pushing ahead with even more confrontational moves militarily,' said Paik.

Will Hyundai and Samsung be shelled out of existence?

 

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