Updated

North Korea is marking the 60th anniversary of the end of the Korean War on Saturday with a massive celebration on what it calls "Victory Day."

Signs and banners reading "Victory" line the streets of Pyongyang, the North Korean capital. The events are expected to culminate in a huge military parade and fireworks. It will be one of the biggest extravaganzas in this impoverished country since leader Kim Jong Un took power in late 2011.

In South Korea, it will be a day of remembrance. For many, it's a day of sorrow as they remember family members left behind in the North.

In the U.S., President Barack Obama has declared July 27 National Korean War Veterans Armistice Day. He is to speak Saturday at the Korean War Veterans Memorial.