North Korea's official newspaper, Rodong Sinmun,had a blast for the South over the exercise with the United States

  • warning that Seoul will pay dearly for such "stupid" acts
  • Pyongyang says such drills are a rehearsal for invasion
  • "The joint command post exercise that the warmongers in South Korea are conducting together with the U.S. is an outright hostile act of invading us and a military provocation that cannot be tolerated

Via Yonhap (Sth Korean media)

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Remember when flare ups re NK used to see a surge of yen? The market has become a bit nonplussed by the bluster now.