North Korea threatened Friday that South Korea and the United States will pay a "horrible price" for their joint military exercise slated for next week, saying the drills will soon bring a "storm" that deteriorates the situation on the Peninsula.

North Korea condemned an upcoming U.S.-South Korea joint military exercise Friday, saying that "counteraction is inevitable" and warning that the allies would "pay dearly."

South Korea's suspension of some military drills after its fighter jets' accidental bombing of a civilian area may hinder its upcoming annual military training with the United States.