The "touch-and-go situation" was prevailing on the Korean Peninsula and the Democratic People's Republic of Korea (DPRK) would fight back a US invasion with an "all-out war", the official KCNA news warned on Tuesday.

The official news agency issued a commentary accusing the US of preparing to launch an "all-out war" against the DPRK.

"The US bellicose forces' scenario for a second Korean war has almost reached the phase of practical implementation," the commentary said.

With the brilliant commanding of the top leader, with "the invincible revolutionary armed forces", and "with a solid foundation of self-supporting national defense industry," the DPRK will make no concession to the US threats, it added.

(Xinhua News Agency February 17, 2009)