A North Korean government spokesman says that all relations with Soth Korea have been cut, Reuters reports.
Escalating tensions on the Korean peninsula have accelerated risk aversion throughout the markets, adding to the contagion from Europe.
3 Responses to “North Korea cuts relations with South”
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AUTOREFRESH 
sorry john, and the odd idget trying to pick the bottom…like myself
Wonder who will lob the first shell?
I was in the Chinese port city of Dalian two weeks ago visiting family. Coincidentally, the dear leader himself was present in the city (arrived via armored train — he’s terrified of flying), and was out touring the industrial areas while I was on my way to a shopping mall. the government shut down all the major roads and I spent the better part of the day in a hot taxi…traffic was completely shut down.
I must say, kim jong il really knows how to rub everybody the wrong way…those nutty norks