Kim Jong Un Conducts Second Test Of New Strategic Cruise Missiles Within A Week: ‘Nuclear Weaponization Of The Navy Is An Urgent Task’ – Archer-Daniels Midland (NYSE:ADM)


North Korea has conducted a second test of its new strategic cruise missiles within a week, according to state media. The missile, named “Pulhwasal-3-31,” was tested under the supervision of North Korean leader Kim Jong Un. The missiles flew above the sea off the country’s east coast for over two hours before hitting an unspecified island target.

Kim Jong Un called the test a success, stating that it is of strategic significance in carrying out the plan to modernize the army and build a powerful naval force. He emphasized the importance of nuclear weaponization of the navy and expanding the sphere of operation of the state nuclear deterrence in a diversified way.

South Korea’s military confirmed the launch of multiple cruise missiles by North Korea but did not provide further details. These recent missile tests come amidst escalating tensions on the Korean Peninsula. North Korea had fired multiple cruise missiles toward the sea off its west coast just a few days prior, further straining relations with the U.S. and South Korea.

Despite international sanctions, North Korea’s economy is showing signs of improvement, partly due to its sales of military equipment to Russia. This economic resurgence could potentially reduce the likelihood of a military conflict.

In addition to the missile tests, North Korean leader Kim Jong Un has issued a stark warning regarding the country’s worsening food crisis. He emphasized the urgent need to address the shortages, stating that the failure to provide the populace with basic necessities, including food, is a serious political issue.

It is important to closely monitor the situation on the Korean Peninsula as tensions continue to rise. The actions and statements from North Korea’s leader, Kim Jong Un, will have significant implications for regional stability and international relations.

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