No war on Korean peninsula: South Korean President

North Korea said its last test of an intercontinental ballistic missile in late August was a “perfect and big success” with both re-entry and warhead control capabilities showing no fault

North Korea's threats against Guam and its advancing missile capabilities, highlighted by a pair of intercontinental ballistic missile flight tests in July, have raised security jitters among many South Koreans who worry that a fully functional ICBM in Pyongyang would force the United States to rethink whether to trade NY or Washington for Seoul in the event of a war on the peninsula.

Meanwhile, Kim Jong Un has thrown the gauntlet to Donald Trump, saying that North Korea will wait a little before opting to fire missiles towards the U.S. Pacific territory of Guam to see what see what the "foolish Yankees" do next.

Since then the North and Trump have locked horns in fiery exchanges, with Trump saying on Friday that USA troops were "locked and loaded" in case a military solution became necessary.

The intense rhetoric on both sides raised fears that a miscalculation could lead to catastrophic consequences - Pyongyang has vast artillery forces deployed within range of Seoul, where millions of people live.

He said the USA forces' priority was to support the us government's diplomatic and economic pressure efforts for the denuclearized Korean Peninsula, noting that military options were being prepared for the failed efforts.

While trying to increase pressure on Pyongyang to halt its nuclear weapons and ballistic missile programs, the resolution also stressed the need for solving the ongoing crisis through dialogue and reaffirmed the Security Council's calls for the resumption of the six-party talks among North Korea, South Korea, China, Japan, Russia and the US, a mechanism for dialogue that has been suspended since 2009.

Dunford said Thursday that a peaceful resolution to North Korea tensions was still preferred, but that nobody thinks economic pressure will be enough to force Pyongyang to back down.

Lt. Gov. Ray Tenorio told the media Tuesday that North Korea appears to be holding off on an imminent launch of missiles into waters near the USA territory in the Pacific.

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For the past decade under conservative South Korean governments, talks between Seoul and Pyongyang had nearly been suspended over Pyongyang's nuclear tests and ballistic missile developments. "We are not closer to war than a week ago, but we are closer to war than we were a decade ago".

"We're all looking to get out of this situation without a war", Dunford said, even as he stressed Pyongyang possessing nuclear weapons that threaten the United States and its regional allies is "unacceptable". South Korean Defence Ministry spokesman Lee Jin-woo said the drills, long a source of aggravation for Pyongyang, would go ahead as planned.

"In the worst-case scenario, a missile could drop on Japan, and I am very anxious about that", he said. "I would like to warn North Korea to end its risky gamble". Japanese and South Korean jets have escorted the bombers at times.

Annual military drills involving tens of thousands of US and South Korean troops are due to begin on Monday.

Moon, a left-leaning leader who has previously advocated dialogue with the North, urged it to "stop all provocations and hostile rhetoric immediately, instead of worsening the situation any further".

Only then could Seoul consider sending an envoy to the North, he added.

Rejecting Japan's position that the comfort women issue was settled by the Korea-Japan normalization treaty in 1965, Moon said it was never addressed at the time.

Trump tweeted that Kim had "made a very wise and well reasoned decision", referring to North Korean official media saying the leader would not give an immediate order to launch multiple missiles toward Guam.

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