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N. Korea to “liquidate” S. Korea assets, fires missiles into sea

March 10, 2016

People watch a TV news program showing North Korean leader Kim Jong Un with superimposed letters that read: “North Korea has made nuclear warheads small enough to fit on ballistic missiles” at Seoul Railway Station in Seoul, South Korea, Wednesday, March 9, 2016. The official North Korean news agency says the communist country’s leader Kim met his nuclear scientists for a briefing and declared he was greatly pleased that warheads had been miniaturized for use on ballistic missiles. (AP Photo/Ahn Young-joon)

SEOUL, South Korea (AP) — North Korea is responding to Seoul’s unilateral sanctions, saying it will “liquidate” all remaining South Korean assets at former cooperative projects in the North.

The statement Thursday follows the North’s firing of short-range missiles, likely in anger over U.S.-South Korean war games. It also comes a day after the North released photos of leader Kim Jong Un standing beside what appears to be a nuclear warhead mock-up.

The North said it will “liquidate” South Korean assets at the closed Kaesong factory park and the scrapped tourism resort at Diamond Mountain.

In a continuation of violent rhetoric that has spiked in recent weeks, it said it will take a series of unspecified steps to impose “lethal” military, political and economic blows on the South Korean government to accelerate its “pitiable demise.”