Investing in Uncertain Times – The Korean Peninsula

 

By Macan Nia


Tensions between the global community and North Korea have increased after North Korea successfully tested an ICBM [intercontinental ballistic missile] that experts believe could ‘theoretically’ hit the U.S. mainland. Tensions increased further when the US military announced that it believes North Korea has the technology to ‘miniaturize’ a nuclear weapon to potentially fit onto one of their ICBMs. Questions remain regarding whether a North Korean ICBM targeted at the US could successfully re-enter the earth’s atmosphere after launch and its precision when locating targets. Successful re-entry is extremely complex due to the heat generated which can damage electronic systems and demolish the missile. Add the exchange between Donald Trump and Kim Jung-un and you can see why tensions have run high.

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