A top CIA official for the Korean Peninsula warned Wednesday that the U.S. should be ready for a new provocation by North Korea on Columbus Day on Oct. 9, which coincides with the anniversary of the founding of the political party that governs in Pyongyang.

"Stand by your phones," Yong Suk Lee, deputy assistant director of the CIA's Korea Mission Center, said while speaking at a conference organized by the agency at The George Washington University.

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