A man watches a television screen showing U.S. President Donald Trump, left, and North Korean leader Kim Jong Un during a news program at the Seoul Train Station in Seoul, South Korea, Thursday, Aug. 10, 2017. (AP Photo/Ahn Young-joon)
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North Korea dismissed warnings by U.S. President Donald Trump that it would face "fire and fury" if it threatened the United States and outlined detailed plans on Thursday for a missile strike near the U.S. Pacific territory of Guam.World stocks fell for a third day, with shares in Seoul slumping to a seven-week low, after North Korea said it was finalizing plans to fire four intermediate-range missiles over Japan to land 30-40 km (18-25 miles) from Guam, adding detail to a plan first announced on Wednesday.As announced by North Korea, the planned path of the missiles would cross some of the world's busiest sea and air traffic routes.While North Korea regularly threatens to destroy the United States and its allies, the report was unusual in its detail.The U.S. Seventh Fleet currently has six Aegis ballistic missile defense ships in the region capable of targeting North Korean missiles, and Japan has a further four.Japan could legally intercept a North Korean missile headed towards Guam, its defense minister said on Thursday, but experts believe Japan does not currently have the capability to do so. The United States and South Korea remain technically still at war with North Korea after the 1950-53 Korean conflict ended with a truce, not a peace treaty.
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