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North Korea fires missiles to 'liquidate' South Korean assets
reuters.com
North Korea fired two short-range ballistic missiles into the sea on Thursday in defiance of U.N. Security Council resolutions, as South Korean and U.S. forces conducted massive war games.
The North also announced it had scrapped all agreements with the South on commercial exchange projects and would "liquidate" South Korean assets left behind in its territory.
North Korea has a large stockpile of short-range missiles and is developing long-range and intercontinental missiles. Thursday's missiles flew about 500 km (300 miles) into the sea, off the east coast city of Wonsan and probably were part of the Soviet-developed Scud series, South Korea's defence ministry said.
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