Korea: February 26, 2003

Archives

North Korea has restarted it's research reactor and is thought capable of producing sufficient plutonium, from 8,000 spent fuel rods, for five or six nuclear bombs over the next few months. The US asserts that North Korea already has one or two bombs, although North Korea has apparently not tested their nuclear bomb design yet. 

American credit rating agencies warned South Korea and Japan that their credit ratings would decline if North Korea openly admitted to having nuclear weapons. This would mean slower economic growth because of higher borrowing costs and more difficulty raising investment capital.   

 

X

ad

Help Keep Us From Drying Up

We need your help! Our subscription base has slowly been dwindling.

Each month we count on your contributions. You can support us in the following ways:

  1. Make sure you spread the word about us. Two ways to do that are to like us on Facebook and follow us on Twitter.
  2. Subscribe to our daily newsletter. We’ll send the news to your email box, and you don’t have to come to the site unless you want to read columns or see photos.
  3. You can contribute to the health of StrategyPage.
Subscribe   Contribute   Close