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☆ Take a look at the 'Mighty Dragon,' China's $120 million stealth fighter meant to rival the US Air Force's fifth-gen jets
▼ + stars: | 2024-05-17 | by ( Marielle Descalsota | Lauren Frias | ) www.businessinsider.com time to read: +1 min

The Chinese jet has drawn comparisons to the F-35 since the jets were locked in military encounters in 2020. The Chengdu J-20 and the Lockheed Martin F-35. Ju Zhenhua/Xinhua/Getty Images; rancho_runner/iStock /Getty Images PlusThe F-35 jet was introduced to the US military in July 2015. There are three variants of the jet: the conventional takeoff and landing F-35A, the short takeoff and vertical landing F-35B, and the carrier-based F-35C. Lockheed Martin touts the F-35 as the "most advanced fighter jet in the world," with very low observable stealth, advanced sensors, information fusion, and network connectivity.

Persons: Lockheed Martin, Ju Zhenhua, Kenneth Wilsbach, Wilsbach Organizations: Lockheed, Getty, US Air Force, China Morning Post, US Pacific Air Forces Locations: Chengdu, Xinhua, East

US Secretary of Defense Lloyd Austin attends a welcome ceremony before an annual security meeting with South Korean Defence Minister Shin Won-sik at the Defence Ministry in Seoul, South Korea on November 13, 2023. Washington has accused North Korea of supplying military equipment to Russia for use in its war with Ukraine, and Moscow of providing technical military support to help the North. "If the countries that backed North Korea during the Korean War ever try to help again, then those countries will also receive grave punishment from the international community along with North Korea." China and North Korea are parties to the armistice with the UNC. The defence chiefs also agreed to step up joint drills and cooperate with Japan to deter and better prepare for any North Korean attack.

Persons: Defense Lloyd Austin, South Korean Defence Minister Shin Won, sik, JUNG YEON, Lloyd Austin, Austin, We're, Shin Won, Shin, Jack Kim, Ed Davies, Gerry Doyle Organizations: Defense, South Korean Defence Minister, Defence Ministry, Rights, . Defense, . Command, UNC, Security, Democratic People's, DPRK, ., Defence, Korean, United Nations, Command, Soviet Union, U.N, U.S ., Thomson Locations: Seoul, South Korea, Rights SEOUL, China, Russia, North Korea, Pyongyang, People's Republic of China, North, Democratic People's Republic of Korea, Washington, Ukraine, Moscow, . North Korea, Russia's, North Korea's, Soviet, United States, Britain, Australia, Turkey, U.S, Austin, Japan

Seoul, South Korea CNN —When fighting broke out in Kang Hyeon-joo’s elementary school classroom, her heart would beat so fast she could not breathe and her vision would blur. Tens of thousands of teachers have been protesting in recent months, calling for more protection from students and parents. But we couldn’t do anything, if we teach them, we could be accused,” said Ahn Ji-hye, an elementary school teacher who helped organize previous protests. Mourners lay flowers in front of a memorial altar for an elementary school teacher who died in an apparent suicide in July at an elementary school in Seoul on September 4, 2023. South Korea’s education minister Lee Ju-ho initially warned teachers that a mass strike would be an illegal act.

Persons: Kang Hyeon, ”, Kang, ” Kang, Charles Miller, Sung Youl, kwan, “, Ahn Ji, Ahn, Jung Yeon, Lee Ju, Sung, Chung Sung, –, ” Sung Organizations: Lifeline, South Korea CNN, CNN, Police, Kyung Hee University, “, Getty, National Assembly, Child Welfare, ”, Federation of Teachers ’ Labor Union Locations: Seoul, South Korea, Korean

☆ Day two: Kaiser Permanente unionized health care workers strike across California, Colorado, Washington and Oregon
▼ + stars: | 2023-10-05 | by ( Samantha Delouya | ) edition.cnn.com time to read: +7 min

CNN —The largest health care strike in US history is now in its second day after more than 75,000 Kaiser Permanente workers began walking off the job on Wednesday. In a statement, Kaiser Permanente said that labor shortages are an industry-wide problem. Striking Kaiser Permanente workers hold signs as they march in front of the Kaiser Permanente San Francisco Medical Center on October 04, 2023 in San Francisco, California. “So, their best choice is to be Monday through Friday in their cars.”In a statement, Kaiser Permanente said it is a leader in pay. This is the first ever national strike effort at Kaiser Permanente.

Persons: Kaiser Permanente’s, Andrew Caballero, Reynolds, Hilary Costa, Kaiser, Caroline Lucas, Anna Isaiah, transcriber, ”, “ It’s, Samuel Braslow, James Bell, Kaiser Permanente, Picketers, Permanente, Justin Sullivan, Rocio Chacon, ” Chacon, “ Organizations: CNN, Kaiser Permanente, Employees, Union, Professional Employees International Union, Getty, ”, Kaiser, Healthcare, Workers, Permanente, Kaiser Permanente San Francisco Medical Center Locations: California , Colorado, Washington and Oregon, Kaiser, Virginia, Washington, DC, Kaiser Permanente Springfield, Springfield , Virginia, AFP, Los Angeles, Los Angeles , California, San Francisco , California, Southern California, United States

☆ With Putin and Kim Jong Un set to meet, the West fears what Russia and North Korea are planning
▼ + stars: | 2023-09-12 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +9 min

Russian President Vladimir Putin, right, and North Korea's leader Kim Jong Un shake hands during their meeting in Vladivostok, Russia, Thursday, April 25, 2019. Alexander Zemlianichenko | Pool | APThe leaders of North Korea and Russia are scheduled to meet this week, with deepening military, economic and geopolitical cooperation on the official agenda. There are also fears about what Moscow might offer the economically isolated and heavily sanctioned North Korea in return. A fire assault drill by North Korean rocket artillery units at an undisclosed location in North Korea in March 2023 in this photo released by North Korea's Korean Central News Agency (KCNA). For their part, Russia and North Korea have both denied claims of alleged arms dealing.

Persons: Vladimir Putin, Kim Jong, Alexander Zemlianichenko, Kim Yong Un, Putin, Pat Ryder, Edward Howell, Kim Jong Un, Kim Ju, Howell, scot, Dmitry Peskov, Kim, Peskov, It's, —, Pyongyang's, Jung Yeon, Victor Cha, Andrius Tursa, Sergei Shoigu's, John Kirby, Wagner, Vladimir Putin grimaces Organizations: White, North, Pentagon, Ukraine, North Korean, Korean Central News Agency, Reuters, UN, North Korea —, Oxford University, CNBC, North Korea's Central News Agency, Kcna, Nuclear Weapons, UN Security Council, Kremlin, Getty, Eastern Economic, U.S, U.S . National Security, Zvezda Shipbuilding, Bolshoi Kamen Locations: Vladivostok, Russia, North Korea, Russian, Korea, Pyongyang, Ukraine, Moscow, Korean, Pakistan, Syria, Libya, North Korea's, London, Washington, Japan, South Korea, U.S, Bolshoi

☆ Wall Street analysts become even more bullish on Meta after its latest earnings report
▼ + stars: | 2023-07-27 | by ( Hakyung Kim | ) www.cnbc.com time to read: +5 min

Meta has had a breakout year in 2023 — and Wall Street analysts think the stock has even further room to grow after company's latest quarterly report. The new target price implies more than 25% upside from Wednesday's close. Bank of America analyst Justin Post also increased his price target on Meta shares to $375 from $350. META YTD mountain Meta shares in 2023 Meanwhile, UBS hiked its price target to $400 from $335, implying 34% further upside. He reiterated his overweight rating while lifting his price target to $425 from $300, one of the highest on the Street.

Persons: Meta, Morgan Stanley, Brian Novak, Novak, Justin Post, Goldman Sachs, Eric Sheridan, Sheridan, Wells, Ken Gawrelski, Gawrelski, Stephen Ju, Ju, UBS's Lloyd Walmsley, Walmsley, Doug Anmuth, — CNBC's Michael Bloom Organizations: Wall Street, Meta, Bank of America, Citi, Reality Labs, UBS, Credit Suisse Locations: opex

Seoul, South Korea CNN —Raising a child in South Korea is no easy task. As a result, the hagwon industry in South Korea is massive, and profitable. Of the nearly 60,000 middle and high school students surveyed nationwide, almost a quarter of males and one in three females reported experiencing depression. Activists say South Korea needs deeper change instead, such as dismantling entrenched gender norms and introducing more support for working parents. Some agreed the private education sector needed reform, but doubted the effectiveness of this move.

Persons: Lee Ju, Lee, “, ” Lee, Anthony Wallace, Jung Yeon, Lee –, Yelim Lee, hagwons, ”, Critics, Kim Hong Organizations: South Korea CNN, South Korean, College, Education, Getty, South, Ministry of Education, Organization for Economic Co, Development, OECD, Ministry of Health, Twitter Locations: Seoul, South Korea, AFP, South Korea's, South, Haiti, Iceland, United States, United Kingdom, Korean, Korea, Japan

☆ North Korea's next nuke test a matter of 'when,' not 'if,' US Army general says, warning its on the way to a key nuclear capability
▼ + stars: | 2023-04-21 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

A top US Army general warned that North Korea is on its way to developing a key nuclear capability. Gen. Paul LaCamera also said this week that Pyongyang's next nuclear test is only a matter of time. LaCamera also said North Korea is slated to carry out a seventh nuclear test at some point in the future. North Korea conducted six nuclear tests between 2006 and 2017, and each underground test produced explosive yields progressively larger than the one before it. Ju Ae has become a regular figure at North Korea's military-oriented events in recent months after spending years cloaked in mystery.

☆ South Korea to discuss 'issues raised' from leaked documents with US
▼ + stars: | 2023-04-09 | by ( ) www.reuters.com time to read: +2 min

SEOUL, April 9 (Reuters) - South Korea is aware of news reports about a leak of several classified U.S. military documents and it plans to discuss "issues raised" as a result of the leak with the United States, a South Korean presidential official said on Sunday. But internally, top South Korean officials were worried that the United States would divert them to Ukraine. The South Korean presidential official, speaking to reporters, declined to respond to questions about U.S. spying or to confirm any details from the leaked documents. South Korea has signed major deals providing hundreds of tanks, aircraft and other weapons to NATO member Poland since Russia invaded Ukraine. The South Korean official said there was no change to South Korea's policy.

☆ Goldman Sachs likes Pinterest even after Q4 revenue miss, says long-term catalysts still in place
▼ + stars: | 2023-02-07 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

The company's long-term revenue outlook is also promising for investors, according to the analyst. The analyst also noted that management's "focus on reprioritizing investments" could help Pinterest grow margins and long-term profitability. Sheridan maintained his price target of $30 per share on Pinterest, implying a 9.2% upside from the stock's closing price of $27.48 as of Monday. He reiterated his neutral rating on Pinterest shares and issued a price target of $26 per share, implying downside of 5.4%. JPMorgan lowered its price target to $27 from $28 and maintained its neutral rating for the stock.

☆ Xi Jinping estimates China’s 2022 GDP grew at least 4.4%. But Covid misery looms
▼ + stars: | 2023-01-02 | by ( Laura He | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —China’s economy grew at least 4.4% in 2022, according to leader Xi Jinping, a figure much stronger than many economists had expected. China’s annual GDP is expected to have exceeded 120 trillion yuan ($17.4 trillion) last year, Xi said in a televised New Year’s Eve speech on Saturday. Economists had generally expected growth to slump to a rate between 2.7% and 3.3% for 2022. But an explosion of Covid infections, triggered by the abrupt easing of pandemic restrictions in early December, is clouding the outlook. However, some forecast the economy will rebound after March, as people learn to live with Covid.

But the theme of the event is continuity — of President Xi Jinping as leader, and with that the likelihood of friction with the U.S.-led West. Xi, China’s most powerful leader in decades, is poised to secure an unprecedented third term at this week’s twice-a-decade National Congress of the Chinese Communist Party in Beijing. “Those achievements have certainly strengthened the president’s leadership.”Under Xi, China’s gross domestic product has more than doubled to $17.7 trillion. Born in Beijing in 1953, Xi enjoyed a privileged youth as the second son of Xi Zhongxun, a Chinese communist revolutionary. “The long-term goals of President Xi, as well as general attitudes in the West, will make it very difficult for us to have more cooperation during his third term,” she said.

Brandul de apă în sine aparţine Coca-Cola, însă impactul negativ al gestului lui Ronaldo, un star al lumii sporturilor cu 550 de milioane de urmăritori în social media, nu a mai putut fi evitat. Gestul lui Ronaldo a fost copiat şi de alţi jucători, potrivit Financial Times. Iar Ronaldo nu a fost sancţionat în niciun fel, pentru că acesta „este atât de puternic, nimeni nu-i poate spune ce să facă“, potrivit unui oficial din fotbalul european. În ultima vreme, jucătorii au căpătat un control sporit asupra brandurilor cu care sunt asociaţi, graţie în mare parte legăturii lor directe cu fanii prin intermediul social media. Jucătorii de genul lui Ronaldo forţează o regândire a strategiilor tradiţionale de marketing adoptate de organizatorii competiţiilor şi sponsorii acestora.

Persons: Ronaldo, Tim Crow, Coca - Cola, Coke Organizations: fotbal, Coca, Cola, UEFA, Financial Times Locations: Portugaliei

☆ 10 oldest airlines in the world
▼ + stars: | 2019-03-04 | by ( Miquel Ros | ) edition.cnn.com time to read: +12 min

Here are 10 of the oldest airlines in the world still in operation. Pan American World Airways subsequently acquired a controlling stake in the company. Qantas was nationalized by the Australian government after World War II and reprivatized in the ’90s. After World War II, Aeroflot became the largest airline in the world, as air travel was often the only means of transportation available to bridge the vast expanses of the Soviet Union. Czech Airlines (CSA)Czech Airlines, the national airline of the Czech Republic.

Persons: Avianca, JUAN MABROMATA, SCADTA, Stanislav Sergeev, MICHAL CIZEK, Finnair, DANIEL SLIM, ANDREJ ISAKOVIC, Jat, Jasper Juinen, Dan Kitwood Organizations: CNN, Finnair, Czech Airlines, KLM, Passengers, Dutch, Havilland DH, Croydon Airport, Junkers F13, Pan American World Airways, SCADTA, Servicio, Qantas, Northern Territory Aerial Services, Avro, Aeroflot Aeroflot, Junkers, Aeroflot, Concorde, Communist, BOAC, CSA, Eastern Bloc, Prague City Air, DC, Delta Air Lines, AFP, Delta, Pan, Northwest Airlines, Air Serbia Air Serbia, Aeroput, Jat Airways, Etihad, Air Serbia, British Airways, Qatar Airways, International Airlines Group, British Airways British Airways, British Overseas Airways Corporation, British European Airways, Cambrian Airways, Northeast Airlines Locations: Finnish, Czech, Amsterdam, Batavia, Jakarta, New York, Colombia, AFP, Barranquilla, Germany, Colombian, SACO, Latin America, Australia, Queensland, Northern Australia, Asia, Pacific, Soviet, Moscow, Nizhny Novgorod, Russian, Soviet Union, Cuba, Murmansk, Russia, Czech Republic, Czechoslovakia, CSA, Prague, Americas, Africa, East, West Germany, Finland, Tokyo, Europe, China, East Coast, Middle, Serbia, Yugoslavia, Serbian, Air, Iberia, Madrid, Barcelona, South America, London, Paris, Devonshire

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