Pyongyang Scores Major Victory After US & South Korea Agree Not To Hold Military Drills During Olympics

One month ago, in what appeared to be an imminent diplomatic victory for North Korea"s president Kim Jong-Un, we reported that Kim"s regime may have "successfully bluffed its way into getting the US to stop holding massive army drills with South Korea"s army." As the FT further noted, South Korea asked the US to "delay" joint military exercises until after the Winter Olympics, in order to lower the chances that North Korea takes provocative actions during the Pyeongchang Games, which Seoul wants to use to showcase the country’s development.