North Korea is preparing for a new round of provocative weapons displays such as long-range missile tests and a spy satellite launch, as it ramps up illicit activities to support its fragile economy, South Korea's intelligence service told lawmakers Thursday.
Outside experts believe North Korea's current food shortages and economic troubles are the worst since leader Kim Jong Un took power in late 2011. But they say there are no signs of an imminent famine or major public unrest that could threaten Kim's grip on his 26 million people.
It estimated that North Korea has stolen more than US$1.5 billion in virtual assets since 2015, Yoo said. The NIS said it has detected unusually heavy activities at a North Korean facility that produces solid-fuelled intercontinental ballistic missiles and at another site related to liquid-fuelled ICBMs, Yoo said in a televised briefing.
Kim has vowed to develop a number of high-tech weapons systems including a military reconnaissance satellite in response to what North Korea calls U.S. military threats.
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