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Ukraine's most significant aircraft kills in 2024 are two Russian A-50 command planes. AP PhotoThe MainstayAEW&C aircraft are aerial radar stations meant to detect and track enemy weapon systems — namely aircraft, missiles, and naval ships. An E-3 Sentry takes off at Nellis Air Force Base in Nevada in January 2024. Last November, the Russians threatened to destroy a French Air Force E-3 that was operating over the Black Sea in what a French military spokesman described as "a particularly aggressive radio exchange." AdvertisementLast year, the US Air Force announced that it had selected the Boeing E-7 Wedgetail as the E-3's intended replacement.
Persons: , Tupolev, William R, Park Chung, hee, Anwar Sadat, Joseph Barron, hasn't, Benjamin Brimelow Organizations: Service, Russian Aerospace Forces, Soviet Union, Machulishchy, State TV, Radio Company, AP, Western Allies, Beriev, Ilyushin, NATO, Nellis Air Force Base, US Air Force, System, Boeing, Air, Air Force, North American Aerospace Defense Command, NORAD, Saudi, Royal Air Force, Control Force, NATO Air Base, U.S . Air Force KC, US Air Force Ukraine, Ukrainian Air Force, Allied, French Air Force, Global Affairs, Fletcher School of Law, Diplomacy, Business, Modern, Institute Locations: Russian, Ukraine, Soviet, Minsk, Belarus, Ukrainian, USSR, China, India, Turkey, Chechnya, Georgia, Syria, Syrian, Nevada, American, Latin America, South Korea, Egypt, Saudi Arabia, Iran, Iraq, France, Chile, NATO, Germany, Europe, Azov, Russia, Poland, Romania, Australia, West
Can South Korea's untouchable chaebols change?
  + stars: | 2024-02-23 | by ( Nessa Anwar | ) www.cnbc.com   time to read: +1 min
There are 82 chaebols in South Korea as of 2023. These are conglomerates that are usually run by one single family, with total assets that exceed 5 trillion Korean won ($3.69 billion). These sprawling business dynasties have helped transform South Korea's economy from one of the poorest in the 1960s to one of the largest exporters in the world. Sang-in Park, an economics professor at Seoul National University, said that South Korea's rapid economic growth contributed to the unchecked power of the Korean chaebols. Watch the video to find out more about the history and future of the big business groups in South Korea.
Persons: Lee, Park Chung, Sang Organizations: Samsung, Hyundai, LG, Ko Global Commerce Institute, CNBC, Seoul National University Locations: South Korea, South Korea's, Park, South
South Korea's defense industry has seen meteoric growth in recent years. 2023 is also shaping up to be a good year for South Korea's defense industry. South Korea's defense industry was originally tailored to meet the country's own needs, and Seoul assisted its growth with subsidies and other incentives. As South Korea's defense products increased in quality, so too did its exports. The South Korean defense industry's most anticipated product might be the KF-21 Boramae, a multi-role combat jet optimized for air-superiority missions.
In January 1968, North Korean commandos slipped across the border into South Korea. Infiltrations into South Korea, both across the DMZ and by sea, by North Korean agents and commandos were also increasing. After cooperating with South Korean authorities, Kim Shin-jo was released in 1970 and received South Korean citizenship, which led North Korean officials to execute his parents and siblings. In December, a North Korean drone flew into a no-fly zone around South Korean President Yoon Suk-yeol's office in Seoul. It was one of five North Korean drones that flew into South Korea, the first to do so in five years.
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