N. Korea Defense Minister Said U.S. Is Driving The Ukraine Crisis Into A Global Nuclear Calamity By Supplying Fighter Jets To Ukraine; Said N. Korea Will Step Up Friendship With Russia In Its War Of Justice
Portfolio Pulse from Charles Gross
North Korea's Defense Minister has accused the U.S. of escalating the Ukraine crisis into a global nuclear calamity by supplying fighter jets to Ukraine. He also stated that North Korea will strengthen its friendship with Russia in its 'war of justice'.

August 24, 2023 | 9:01 am
News sentiment analysis
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NEGATIVE IMPACT
The news may increase geopolitical tensions, potentially affecting South Korean markets and ETFs like EWY.
The news of North Korea siding with Russia and accusing the U.S. could escalate geopolitical tensions. This could lead to market volatility, potentially affecting South Korean markets and ETFs like EWY.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The news may increase geopolitical tensions, potentially affecting U.S. markets and ETFs like SPY.
The news of North Korea accusing the U.S. could escalate geopolitical tensions. This could lead to market volatility, potentially affecting U.S. markets and ETFs like SPY.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The news may increase geopolitical tensions, potentially affecting European markets and ETFs like VGK.
The news of North Korea siding with Russia and accusing the U.S. could escalate geopolitical tensions. This could lead to market volatility, potentially affecting European markets and ETFs like VGK.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70