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>> South Korea's leader holding out an olive branch to the North on Monday proposing military talks of Pyongyang, the first between both governments in two years. The aim is to diffuse hostility on the border with the North and there may be a tempting offer on the table in exchange.
As Reuters Christine Kim reports, it's a propaganda weapon at the DMZ that gets under Pyongyang's skin.>> North Korea doesn't seem to have much to offer, according to analysts. But South Korea, on the other hand, is likely to talk about loudspeaker broadcasts. The content on the broadcasts ranges from simple weather broadcasts to K Pop to news and the North Korean regime absolutely hates it.
>> This marks the first try at talks under South Korean President Moon Jae-In who won office in May promising to set up dialogue with the North and to push Pyongyang for peace. The South Korean Red Cross also wants talks with the aim of restarting family reunions of those separated by the Korean War.
But there may be a big stumbling block before anyone sits down for dialogue.>> Pyongyang has repeatedly said it refuses to engage in talks with South Korea unless Seoul turns over 12 waitresses who defected to South Korea last year after leaving a restaurant run by North Korea in China.
North Korea says the South abducted these 12 ladies and the restaurant manager has demanded their return. South Korea said the group decided to defect of its own free will.>> Meanwhile in Pyongyang, days of celebrations after the successful launch of an Intercontinental ballistic missile which experts say could reach parts of the Continental United States.
For its part, Washington plans to carry on a sanctions crackdown readying new restrictions on Chinese banks and companies doing business with the North, which officials say could land within weeks.