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North Korea on Monday (May 25) successfully conducted a nuclear test, which will further isolate the impoverished communist state from the rest of the world. While announcing the news, North Korean official news agency said that the country has successfully conducted the underground nuclear test to enhance its defence capabilities in a hostile world. The news agency confirmed that the high-intensity nuclear test was conducted without any hassles. When the test was carried out a tremor of 4.7 magnitude was recorded at around 0054 GMT.
The news of nuclear test in North Korea has badly affected the South Korean financial markets with the main share index falling 4 percent at one stage. The markets are fearing that the test will raise tension in a region, which accounts for one sixth of the global economy. According to a professor at Korea University, Kim Sung-han, the nuclear test has been carried out to bring United States to the negotiation table as far as securing ultimate endorsement of nuclear power status is concerned.
He added that recent test will further worsen the inter-Korean relations. The nuclear test in North will increase the concerns of investors in South Korea. Meanwhile, United States is waiting for further official information of the nuclear test. The US State Department stated that Washington is aware of the nuclear test in North Korea and it is consulting the allies on this issue. According to US Geological Survey, which recorded the tremor, the underground nuclear test has been conducted about 70 kilometres northwest of the city of Kimchaek. The international community tightened its sanctions over North Korea after it launched a rocket in April. Now with this recent nuclear test, the communist state will face more sanctions.
