South Korean Preident, Lee Myung-bak announced Monday that the country was going to suspend trade with North Korea. This was initiated because of the sinking of a South Korean warship. Lee made a few statements concerning South Korea's patience with North Korea, but they no longer feel that hoping for peace in their region will solve all of the problems at hand. According to this article, North Korea is denying all allegations that they had sunk the South Korean ship with a torpedo on March 26, which killed 46. South Korea "referred the incident to the UN Security Council in order to allow the international community to join in holding the North Koreans accountable."
http://www.cnn.com/2010/WORLD/asiapcf/05/23/skorea.ship/index.html
By: Becca Sage
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