
South Korea’s Main Airlines Agree On Plan to Push Merger Through
Asiana Airlines Inc. agreed to a plan on merging with Korean Air after holding long-running talks to overcome
1970-01-01 08:00

North Korea likely sent more than million artillery shells to Russia, says South Korea’s spy agency
North Korea has shipped more than a million artillery shells to Russia since August to aid Vladimir Putin’s war on Ukraine, according to a lawmaker in South Korea. The artillery shells were sent to Russia through ships and other transport means since early August, said lawmaker Yoo Sang-bum, citing an intelligence briefing. The short-range arms will last for about two months, he said. The South Korean National Intelligence Service (NIS), which held the briefing, also believes the Kim Jong-un regime is operating its munitions factories at full capacity to meet Moscow’s arms demands. The hermit kingdom is also mobilising its citizens to increase production, the South Korean lawmaker said. North Korea also likely dispatched weapons experts to Russia in October to counsel Moscow’s officials on how to use the weapons. The signs of increased partnership come shortly after Mr Putin and Mr Kim met in east Russia in September, igniting speculation that North Korea will soon assist Moscow in its continuing invasion of Ukraine. The US and South Korea have speculated that the two nations have entered an arms arrangement to provide Russia with badly needed munitions in exchange for advanced Russian technologies that can strengthen North Korea’s nuclear-armed military. Experts also pointed out that the two leaders’ much-publicised meeting at Russia’s Vostochny Cosmodrome, a major satellite launch facility, was a sign that Mr Kim seeks Russian technology assistance for its spy satellite programme. They said such a quid pro quo arrangement between the countries can help Russia rebuild its artillery stock without facing a lull on the battlefield in Ukraine. Pyongyang and Moscow have, however, rejected claims by the US and South Korea. Officials in South Korea are concerned the arrangement could benefit North Korea with sensitive Russian technologies and boost Mr Kim’s nuclear weapons and missiles programme. The NIS believes it is more likely that Russia’s help will be limited to conventional capabilities, possibly to help North Korea improve its ageing fighter aircraft fleet, Mr Yoo said. He said North Korea is possibly getting Russia’s technological help for a military reconnaissance satellite after consecutive launch failures. The North’s latest attempt at launching a spy satellite in October had failed to materialise. Mr Yoo said the South Korean spy agency believes North Korea is now in its final phase of preparations for the third launch of the spy satellite which is more likely to be successful. In a joint statement, the US, South Korea and Japan strongly condemned what they described as North Korea’s supply of munitions and military equipment to Russia, saying such weapons shipments sharply increase the human toll of Russia’s aggression in Ukraine. It came days after Russian foreign minister Sergei Lavrov rejected US claims that his country received munitions from North Korea as he returned from a two-day trip to Pyongyang. Read More North Korea has likely sent missiles as well as ammunition and shells to Russia, Seoul says Putin’s warplanes ‘drop bombs’ on civilian shipping lanes as Kyiv advances - live Putin is expected to seek reelection in Russia, but who would run if he doesn't? Israeli envoy to Russia says Tel Aviv passengers hid from weekend airport riot in terminal South Korea's spy agency says North Korea shipped more than a million artillery shells to Russia If Putin dies, this is what would happen in Russia
1970-01-01 08:00

Europe’s Great Housing Crisis Is Only Getting Started
In a leafy neighborhood in Dusseldorf, Milena and Manuel David planned to break ground this summer on a
1970-01-01 08:00

Electric Vehicles Are Testing the UK’s Love of Small Cars
It’s 4 p.m. on a wet Monday in southeast London, and we’re trying to parallel park uphill, a
1970-01-01 08:00

Shrinking Czech Economy May Greenlight Rate Cuts
Czech central bankers may announce their first interest-rate cut in more than three years as a swift retreat
1970-01-01 08:00

Macron Flexes Protectionist Muscle to Shield Vulnerable Firms
Emmanuel Macron is beefing up France’s arsenal of strategic tools to protect vulnerable firms against foreign buyers with
1970-01-01 08:00

Bitcoin Lifts Crypto Mood by Retaking 17-Month Peak; SOL Jumps
Bitcoin rose back to a more than 17-month high amid hopes the Federal Reserve is done with interest-rate
1970-01-01 08:00

Long Goodbye to World’s Negative-Yielding Debt Is Almost Done
The world’s 13-year experience with negative-yielding bonds is drawing to a close. The Bank of Japan’s gradual moves
1970-01-01 08:00

Migrants to Europe dying in gun battles and car crashes
In the Western Balkans, smuggler gangs are engaging in deadly shootouts as migrant numbers keep rising.
1970-01-01 08:00

Oil Advances With Broader Markets on Fed Interest-Rate Signal
Oil rose along with broader financial markets after the Federal Reserve hinted it might be done with raising
1970-01-01 08:00

Saylor’s MicroStrategy Posts Loss After Writing Down Bitcoin Holdings
MicroStrategy Inc., the enterprise-software maker that is the largest publicly-traded holder of Bitcoin, posted a third-quarter loss after
1970-01-01 08:00

Ukraine suffers most intense bombardment of Russian shelling in single day this year, Kyiv says
Ukraine has suffered its most intense bombardment of Russian shelling so far this year as Putin’s troops hit 118 settlements in just 24 hours, Ukraine’s interior minister has said. Moscow fired millions of shells on cities, towns and villages on Wednesday - more than in any single day so far this year, reducing several to rubble across the east and southern parts of the country, Ihor Klymenko said in a post on social media. “Over the last 24 hours, the enemy shelled 118 settlements in 10 regions. This is the highest number of cities and villages that have come under attack since the start of the year,” he wrote on Telegram. The bombardments came as Ukrainian president Volodymyr Zelensky lamented the world’s expectation of a speedy victory on the battlefield. In response to growing criticism over Kyiv’s counteroffensive, he said: “The modern world is set up in such a way that it becomes accustomed to success quickly. When the full-scale aggression began, many in the world did not think Ukraine would endure.” It comes as Kyiv reported a Russian attack on Black Sea shipping lanes, saying warplanes had dropped “explosive objects” in an area used by civilian vessels three times over the past 24 hours. “There were three such drops registered in the last 24 hours. However, the navigation corridor continues to function under the watch of the defence forces,” the southern military command said. Ukraine is trying to build a new shipping lane without Russian approval to revive its seaborne exports. But Russia said it would consider any vessel a potential military target after it quit a UN-brokered deal allowing Ukrainian goods to pass through. Elsewhere, Russian forces carried out attacks against 13 of Ukraine’s oblasts, killing at least three and injuring at least 15, according to local officials. In the east, in Donetsk, one person was killed and two were wounded during Russian attacks on the region, the local military administration said. In Kharkiv, a Russian strike killed a man in his 50s and injured a 52-year-old woman, while one person was killed and eight were injured in a blast in the southern city of Kherson, governor’s in the areas reported. Meanwhile, Ukraine’s military reported that over 260 civilians have been killed after stepping on landmines or other explosives during the 20-month-old war with Russia. Kyiv estimates that 174,000 sq km of the country - about a third of its territory - is potentially strewn with mines or dangerous debris. At least 571 people have received injuries during more than 560 incidents involving mines or explosive objects left behind by the fighting, a military spokesperson said on Telegram. Whilst Ukraine recuperated from Russian shelling, Moscow failed to regain lost ground on two fronts. Putin’s forces failed to make gains near Klishchiivka and Andriivka south of Bakhmut and near Robotyne in Zaporizhzhia, Ukraine’s Armed Forces general said, as Ukraine forces engaged in 68 clashes with Russian troops. The clashes come as Ukraine prepares for a new wave of attacks near the besieged town of Avdiivka in the eastern region of Donetsk. It comes as Ukrainian troops advanced against Russia on two fronts, according to the military think tank, the Institute for the Study of War. “Geolacted footage posted on 30 October shows that Ukrainian forces have advanced northeast of Kurdyumivka (10km southwest of Bakhmut),” it said. And in an overnight drone and missile attack, Russia struck a Ukrainian oil refinery in the city of Poltava, central Ukraine. The Kremenchuk oil refinery burst into flames after the strike which targeted military and criticial infrastructure, the head of the region’s military administration, Filip Pronin said. Pronin added the situation was under control and the fire had been extinguished via the Telegram messaging app. Read More BBC News Arabic launches emergency radio service for Gaza Mike Johnson’s Israel test – few allies and fewer options Israeli envoy to Russia says Tel Aviv passengers hid from weekend airport riot in terminal European Commission's chief tells Bosnia to unite in seeking EU membership South Korea's spy agency says North Korea shipped more than a million artillery shells to Russia Researchers hope tracking senior Myanmar army officers can ascertain blame for human rights abuses
1970-01-01 08:00