Russia Critical of US Handling of North Korea Threat

Russia criticised the reaction of the United States and its allies to the latest and most powerful North Korean nuclear test, and warned on Monday that any mis-step could be highly dangerous.“It’s clear in the current situation any clumsy step could lead to an explosion, a political explosion, a military explosion and not just to a nuclear test explosion,” Deputy Foreign Minister Sergei Ryabkov told reporters at a summit of the BRICS group of countries in China.North Korea’s test, of what it said was an advanced hydrogen bomb for a long-range missile, prompted global condemnation and drew a warning of a “massive” military response from the United States if it or its allies were threatened.“There shouldn’t be room for escalation. Those who are smarter and stronger should show restraint,” Ryabkov said.

Source: Russia criticises U.S. over North Korea, says ‘clumsy steps’ risky

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.