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☆ US sounds alarm over Chinese and North Korean support for Russia’s war in Ukraine
▼ + stars: | 2024-06-17 | by ( Stephen Collinson | ) edition.cnn.com time to read: +5 min

But the reality is that China’s fueling the largest armed conflict in Europe since World War II,” Stoltenberg said at The Wilson Center. The idea of an anti-US front among Russia, China, North Korea and Iran has long preoccupied foreign policy experts in Washington. In March, US Director of National Intelligence Avril Haines told Congress that Russia’s need to replenish its military supplies had forced it to grant “long-sought concessions” to North Korea. “What is Russia going to provide in exchange to North Korea, hard currency? So, we know that they are using DPRK ammunition to threaten Ukraine and kill Ukrainians,” he said.

Persons: Joe Biden, Vladimir Putin’s, Volodymyr Zelensky, Biden, Zelensky, Xi Jinping, ”, Jens Stoltenberg, “, Xi, ” Stoltenberg, Putin, Kremlin, Kim Jong Un, of National Intelligence Avril Haines, Kurt Campbell, Kim, ” Campbell, Matthew Miller, John Kirby, ” Kirby, “ We’re, ” Putin Organizations: CNN, NATO, Washington, “ Publicly, The Wilson, “, of National Intelligence, Stimson, ”, House Locations: Ukraine, Russian, China, Ukrainian, Italy, Russia, Beijing, Moscow, Europe, North Korea, Iran, Washington, Pyongyang, Korea, Northeast Asia, Korean, North

☆ OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand prediction
▼ + stars: | 2024-06-13 | by ( Spencer Kimball | ) www.cnbc.com time to read: +4 min

The head of OPEC said Thursday the world will need to invest in fossil fuels for decades to come in order to prevent an energy shortage, dismissing predictions that oil demand will peak in the near future. The OPEC chief called for "continued oil industry investment, today, tomorrow, and many decades into the future given the products derived from crude oil are essential for our daily lives." Oil supply capacity will rise to 114 million per day by 2030, 8 million barrels more than global demand, according to the IEA. Deutsche Bank and Citi, however, see OPEC coming under pressure in the coming years. Citi analysts see a substantial oil surplus in 2025 as production keeps growing in North America, Brazil and Guyana, while demand slows due to energy efficiency improvements and electric vehicle adoption.

Persons: Haitham Al Ghais, Al Ghais, Fatih Birol, OPEC's Al Ghais, Helima, Croft, I'm, Robert McNally, McNally, EVs, Michael Hsueh Organizations: OPEC, International Energy Agency, IEA, IEA ., RBC Capital Markets, Rapidan Energy, Deutsche Bank, Citi, Brent Locations: China, India, North America, Europe, Northeast Asia, Asia, U.S, OPEC, Brazil, Guyana

☆ Port of Virginia is making big changes to become No. 1 on the East Coast for super-sized ocean containerships
▼ + stars: | 2024-05-09 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +11 min

The dredging project is expected to be completed in Fall 2025, making the Port of Virginia the deepest and widest harbor on the East Coast. "Ultra-large container vessels have challenged every port," said Stephen Edwards, CEO of the Port of Virginia. Edwards said the port was able to quickly absorb Baltimore freight because of the ocean carrier service overlap in calling on the Port of Virginia, Baltimore and Port of New York/New Jersey. In January, the port became the first East Coast port to power all its terminals with 100% clean energy, eight years ahead of the 2032 target it set for that goal. The expansion will increase the fleet at NIT to 152 electric stacking cranes, seven electric rail cranes, and 31 electric ship-to-shore cranes.

Persons: Lori Ann LaRocco, Stephen Edwards, " Edwards, Edwards, It's, Good Hope, D'Andrae Larry, Larry, Jones, monopiles, Monopiles Organizations: NIT, CNBC, U.S ., Commonwealth, Walmart, Maersk, Port, Baltimore, Rail, Norfolk International, Uber, Virginia Department of Transportation, Dominion Energy, Rappahannock Electric Cooperative, ClearView Energy Partners, of Ocean Energy, U.S, District of Columbia, Dominion Locations: Port of Virginia, Port, Virginia, U.S . East Coast, Norfolk, Coast, of Virginia, East Coast, U.S, Delaware, South, Southeast Asia, Northeast Asia, India, Red, Suez, Good, Baltimore, Port of Baltimore, Port of New York, New Jersey, of Virginia's, Commonwealth, Norfolk , Virginia, East, Virginia Beach

They call it an encirclement of their nation and say the United States is trying to constrain its main economic and military rival. The United States also has a new security agreement with Papua New Guinea. On Wednesday, Mr. Biden signed a $95-billion supplemental military aid and spending bill that Congress had just passed and that includes $8.1 billion to counter China in the region. In addition, the United States continues to send weapons and Green Beret trainers to Taiwan, a de facto independent island and the biggest flashpoint between the United States and China. A swarm of Chinese militia and Coast Guard vessels chased a Philippine Coast Guard ship in the South China Sea last year.

Persons: Xi Jinping, Biden, Antony J, Blinken, Yuri Gripas, ” Ely Ratner, Xi, ” Kurt Campbell, Joseph Wu, ”, “, Samuel J, Paparo Jr, Mr, Paparo, Carl Vinson, Richard A, Brooks, Trump, Lloyd J, Austin III, Chen Jining, Jes Aznar, David H, Berger, Obama, Tony Mcdonough, United States —, Admiral Paparo, China’s “ revanchist, we’re Organizations: Australian, U.S, Marines, United, Pentagon, Corps, Mr, White House, White, The New York Times, American, Marine, Green, China’s, Liberation Army, Seoul SOUTH, Pacific Command, People’s Liberation Army, Agence France, Nuclear Forces Treaty, Defense, Communist Party, Tokyo Okinawa, U.S . Navy, Coast Guard, Philippine Coast Guard, Marine Corps, Army, Philippines Luzon Partner, Australia Darwin Potential, NATO, Tomahawk Locations: Beijing, United States, Papua New Guinea, Philippines, Japan, Okinawa, Taiwan, Asia, Pacific, U.S, China, Shanghai, South China, South Korea, Guam, Washington, Manila, Taipei, People’s Republic of China, Palau, West Papua, Seoul, Tokyo JAPAN CHINA Taipei TAIWAN Hong Kong, GUAM philippines MALAYSIA INDONESIA JAPAN CHINA TAIWAN, philippines GUAM, INDONESIA Seoul, GUAM philippines, MALAYSIA INDONESIA, Philippine, Moscow, Tokyo, Ryukyu Islands, South, Philippines Luzon, Luzon, Spratly, Australia, Canberra, Singapore, Darwin, Australia’s, . North Carolina, Virginia, Perth, United Kingdom, Navy’s, America

☆ South Korea election has ended up in a 'Goldilocks scenario,' analyst says
▼ + stars: | 2024-04-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouth Korea election has ended up in a 'Goldilocks scenario,' analyst saysJeremy Chan, senior China and Northeast Asia analyst at the Eurasia Group, discusses the South Korea election and says it will be "policy status quo" for the next three years.

Persons: Jeremy Chan Organizations: Eurasia Group Locations: Korea, China, Northeast Asia

☆ US and Chinese military officials met in Hawaii to discuss operational safety in the Pacific
▼ + stars: | 2024-04-05 | by ( Haley Britzky | ) edition.cnn.com time to read: +3 min

CNN —US and Chinese military representatives met in Hawaii this week to discuss the safety of forces in the Pacific, marking the first in-person meeting of its kind in years after cancellations by China. The Military Maritime Consultative Agreement Working Group meeting was held in Honolulu on Wednesday and Thursday this week. Eighteen officials from China’s People’s Liberation Army attended, alongside 18 representatives from the US military’s major commands in the Pacific, including officials from US Indo-Pacific command, US Pacific Fleet, and US Pacific Air Forces. In January, US and Chinese officials also met at the Pentagon to discuss relations after two years of cancellations by China. But in January, two US defense officials told CNN that China’s unsafe interceptions of US military aircraft had eased.

Persons: ”, we’ve, Joe Biden’s, Xi Jinping, Biden, Xi, Ian Francis Organizations: CNN, Maritime, People’s Liberation Army, US Pacific Fleet, US Pacific Air Forces, Pentagon, Northeast, INDOPACOM, PLA, US Locations: Hawaii, China, Honolulu, US, ”, Northeast Asia, PRC, Philippines, South China

☆ Ancient DNA reveals what famed Chinese Emperor Wu may have looked like
▼ + stars: | 2024-03-28 | by ( Katie Hunt | ) edition.cnn.com time to read: +5 min

CNN —Ancient DNA recovered from the remains of a sixth century Chinese emperor who ruled during the country’s dark ages has shed some light on what the leader may have looked like. Emperor Wu ruled China as part of the Northern Zhou dynasty from 560 to 580 and is credited with unifying the northern part of ancient China during a particularly chaotic period. “Our analysis shows Emperor Wu had typical East or Northeast Asian facial characteristics.”The authors said they hoped ancient DNA might shed light on Wu’s cause of death. The genetic analysis showed that Emperor Wu intermarried with ethnically Han Chinese, China’s dominant ethnic group today. “It’s interesting to see the genetic study, but none of the findings of this genetic study are surprising at all,” Miller said.

Persons: Emperor Wu, Wu, ”, Shaoqing Wen, Tobias Houlton, University of Dundee , Houlton, Jeong Hoongwon, Jeong, ” Jeong, Franks, Bryan Miller, Miller, wasn’t, ” Miller, “ Organizations: CNN, Fudan University, University of Dundee, Seoul National University’s School of Biological Sciences, Han, Central, University of Michigan Locations: China, Mongolia, Shanghai, Seoul, North

☆ Apple to launch Vision Pro in China this year, Tim Cook says
▼ + stars: | 2024-03-25 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

In a video posted on one of CCTV's accounts on Chinese social media site Weibo, Cook was heard responding "yes," when asked if the Vision Pro would launch in China this year. In China, Apple will compete against local headset players such as Pico, which is owned by TikTok's parent company ByteDance. Cook has been in China for the past few days, touring a new Apple store in Shanghai and attending the China Development Forum in Beijing. "I am very confident in it (China)," Cook said, according to news package posted on one of CCTV's Weibo accounts. "I love China, I love being here, I love the people and the culture.

Persons: Cook, China Organizations: Apple, China Development Forum, Huawei Locations: U.S, Weibo, China, Pico, Shanghai, Beijing

☆ Hong Kong's national security law has analysts divided on its social and economic ramifications
▼ + stars: | 2024-03-20 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

Lawmakers, government officials, and Hong Kong Chief Executive John Lee are posing for a group photo inside the chamber of the Legislative Council complex after passing the Safeguarding National Security Bill in Hong Kong, China, on March 19, 2024. Hong Kong's new national security bill that seeks to "prevent, suppress and punish espionage activities" has left analysts divided on its social and economic ramifications. Lawmakers in Hong Kong passed the Safeguarding National Security Bill, which has been under scrutiny for provisions such as life imprisonment for 'treason' and 'insurrection,' in a special session on Tuesday. Hong Kong's Legislative Council had introduced the bill known as Article 23 on March 8, and Chief Executive John Lee had urged the need to pass the law "as soon as possible" given an "increasingly complex" geopolitics backdrop. Chiu highlighted that the bill was deliberated on, amended, and passed within 11 days — a record time in Hong Kong's legislative history.

Persons: John Lee, Hong, Dominic Chiu, Chiu, — Organizations: Hong, Legislative, National, China &, Eurasia Group, Hong Kong's Legislative Locations: Hong Kong, China, China & Northeast Asia, Hong Kong's

☆ South Korea and US begin large annual military drills with eye on North Korea
▼ + stars: | 2024-03-04 | by ( Brad Lendon | Gawon Bae | ) edition.cnn.com time to read: +2 min

Seoul, South Korea CNN —South Korea and the United States began their annual Freedom Shield joint military drills on Monday to bolster readiness against North Korea. The 11-day drills will integrate elements of “live exercises” with constructive simulations, according to United States Forces Korea (USFK) and South Korea’s Defense Ministry. North Korea has previously condemned US and South Korea joint military drills, but it has not yet made any official comment or response to the current exercises. In January, Kim called the South the North’s “primary foe and invariable principal enemy” and ordered a reunification monument in the North Korean capital to be demolished. Meanwhile, North Korea has fostered closer ties with Russia, providing Moscow with arms for its war in Ukraine.

Persons: Seoul’s, Lee Sung, jun, USFK, Kim Jong, Kim, ” Organizations: South Korea CNN, United States, North, United States Forces, Korea’s Defense Ministry, Chiefs, Staff, South, CNN North Korean Locations: Seoul, South Korea, North Korea, United States Forces Korea, Northeast Asia, Korea, Russia, Moscow, Ukraine, East Asia, United States

☆ Australia unveils plan for largest navy buildup since World War II
▼ + stars: | 2024-02-20 | by ( Brad Lendon | ) edition.cnn.com time to read: +6 min

CNN —Australia on Tuesday announced plans to build its largest navy since World War II, allocating more than $35 billion for the defense project over the next 10 years, in a move analysts said pointed to heightened tensions with China in the Indo-Pacific. The independent review noted Australia had “the oldest fleet Navy has operated in its history,” according to the government statement. John Bradford, Council on Foreign Relations international affairs fellow, said Australia would need to be steadfast in sticking with the plan. “This investment provides a clear pathway for the shipbuilding industry and workforce in South Australia and Western Australia,” the release said. However, the opposition Greens party called the plan a “multi-billion-dollar mistake” driven by local political concerns to protect shipbuilding jobs – and political ones.

Persons: ”, Mark Hammond, Collin Koh, ” Jennifer Parker, Parker, John Bradford, Bradford, Andrew Hastie, ” Hastie, that’s, ” Koh, Pat Conroy, Sen, David Shoebridge, CNN’s Angus Watson, Hilary Whiteman Organizations: CNN, Australia, Royal Australian Navy, US Navy, Navy, Rajaratnam, of International Studies, UNSW Canberra, Australian Broadcasting Corporation, ABC, Hobart, Foreign Relations, Greens, ” Greens Locations: China, Australia, United States, United Kingdom, Singapore, South, Northeast Asia, Japan, South Korea, Germany, Spain, Australian, South Australia, Western Australia

lydia polgreenSure, but a few things — one thing that was elided in a lot of the discourse about men falling behind really, really, really under emphasized or just ignored the racial component of it. I just don’t — I don’t —ross douthatYeah, there were like five. That’s a really, really, really big shift. Are women going to pay a disproportionate price for childbearing in terms of their economic potential? But I think — Ross wrote a column about just how freaking weird the bizarre conspiracy theories about Taylor and Travis are.

Persons: ross douthat, polgreen, polgreen Oh, — ross douthat, Carlos Lozada, lydia polgreen I’m, Carlos Lazada, ross, michelle cottle, Lozada, lydia polgreen, Jimmy Carter, — ross, Jimmy Carter lusted, michelle cottle Oh, Jimmy, I’m Michelle Cottle, ross douthat I’m Ross Douthat, Lydia Polgreen, lydia polgreen Hoo, Carlos, Gen, topsy turvy, Ronald Reagan, Ross, Bill Clinton, Michelle, — michelle cottle, there’s, John Burn, Murdoch, Lydia, it’s, —, Taylor Swift, I’m, It’s, Roe, Let’s, Let’s —, That’s, I’ve, Andrew Tates, who’s, you’re, We’re, Don’t, we’ve, ” I’m, Trump, — Trump, michelle cottle It’s, Brett Kavanaugh, they’re, let’s, don’t, he’s, ross douthat It’s, michelle cottle Let’s, michelle cottle That’s, couldn’t, Jesus, that’s, michelle cottle We’ve, Taylor, — michelle cottle Travis Kelce, lydia polgreen Travis, — Ross, Travis, Marjorie Taylor Greene, Rush Limbaugh’s feminazis, lydia polgreen Feminazis, michelle cottle There’s, michelle cottle You’re, michelle cottle I’ll, lydia polgreen —, we’re, — michelle cottle Partypalooza, sleepovers, — michelle cottle Ah, lydia polgreen Congrats Organizations: New York, Goldwater Republicans, Bill Clinton Democrats, Democrat, Republicans, Confederation, YouTube, Trump, Public Religion Research Institute, South Korea —, Pinterest Locations: American, US, Germany, United Kingdom, South Korea, Poland, Mars, United States, America, France, Korea, Northeast Asia, Africa, Mozambique, Saharan Africa, Europe, New York City, Manhattan

☆ Panama Canal Drought Slows Cargo Traffic
▼ + stars: | 2024-01-26 | by ( Mira Rojanasakul | ) www.nytimes.com time to read: +8 min

PANAMA CANAL Colón Atlantic Ocean Lake Alajuela Gatún Lake Panama City PANAMA Ship traffic Pacific Ocean PANAMA CANAL Colón Lake Alajuela Atlantic Ocean Gatún Lake Panama City PANAMA Pacific Ocean Ship traffic PANAMA CANAL Colón Lake Alajuela Atlantic Ocean Gatún Lake Panama City PANAMA Pacific Ocean Ship traffic PANAMA CANAL Atlantic Ocean Colón Lake Alajuela Gatún Lake Panama City PANAMA Ship traffic Pacific Ocean PANAMA CANAL Atlantic Ocean Colón Lake Alajuela Gatún Lake Panama City PANAMA Pacific Ocean Ship traffic PANAMA CANAL Atlantic Ocean Colón Lake Alajuela Gatún Lake Panama City PANAMA Pacific Ocean Ship traffic Source: MariTrace Ship movements from Jan. 19 to Jan. 21, 2024. Panama Canal Drought Slows Cargo TrafficThe lake that allows the Panama Canal to function recorded the lowest water level ever for the start of a dry season this year, which means that vastly fewer ships can pass through the canal. The Panama Canal Authority has reduced daily traffic through the narrow corridor by nearly 40 percent compared with last year. “The fact that the Panama Canal operates on freshwater is a major disadvantage compared to other water routes,” said Ricaurte Vásquez Morales, the administrator of the Panama Canal Authority, in a video address last month. But it may not be enough to meet the pressing demand for cargo traffic through the Panama Canal.

Persons: El, Jan, ”, Ricaurte Vásquez Morales, Gatún, Joshua Tewksbury, Gloria Arrocha Paz, Arrocha Paz Organizations: PANAMA Ship, Panama Canal Authority, Maersk, Panama Canal, Smithsonian Tropical Research Institute, Demand, Times, Smithsonian Tropical Research Locations: PANAMA, Lake Panama, Panama City PANAMA, Lake Panama City PANAMA, Panama, East Coast, United States, Northeast Asia, South America, Tewksbury, Indio, Gatún, Panama City, Panama Canal Authority, What’s

☆ Russia’s Putin to visit North Korea soon, state media says
▼ + stars: | 2024-01-22 | by ( Brad Lendon | ) edition.cnn.com time to read: +3 min

Seoul, South Korea CNN —Russian President Vladimir Putin plans to visit Kim Jong Un soon, North Korean state media reported Sunday, the latest sign of increasing cooperation between the two authoritarian leaders as war rages in Ukraine and military tensions increase in East Asia. Putin thanked Kim for an invitation to visit Pyongyang and pledged to go there “at an early date,” the report from the Korean Central News Agency (KCNA) said. Kremlin spokesperson Dmitry Peskov said the dates for Putin’s visit to North Korea were still being discussed through diplomatic channels and would be announced later, Russian state-run news agency TASS reported. During that visit, Kim praised Russia for standing up to “hegemonic forces” with its war in Ukraine, while Putin signaled a willingness to assist North Korea in developing its space and satellite programs. According to the US Defense Department, Russia has twice in the past month fired North Korean-made missiles at targets in Ukraine.

Persons: Vladimir Putin, Kim Jong Un, Putin, Kim, Dmitry Peskov, Choe Son Hui, Sergey Lavrov, ” KCNA, Kim Jong, ” Organizations: South Korea CNN —, Korean Central News Agency, North Korean Foreign, Russian, TASS, CNN, North Korean, US Defense Department, South, US, People’s Assembly Locations: Seoul, South Korea, North Korean, Ukraine, East Asia, Pyongyang, North Korea, Russian, Moscow, Northeast Asia, Russia, Korea, United States

☆ Qatar Pauses Red Sea Tankers After Western Strikes on Houthis
▼ + stars: | 2024-01-15 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

In the latest shift by a major firm, state-owned QatarEnergy has held at least four LNG tankers back from the Red Sea, a senior source said, adding that production continues. On Monday, carmaker Suzuki said production would halt at its Esztergom plant in Hungary from Jan. 15-21 as the Red Sea attacks had delayed the arrival of Japanese-made engines. U.S. ally Britain said it had no desire to be involved in a Red Sea conflict but was committed to protecting the right of free navigation. The Al Rekayyat, which was sailing back to Qatar, stopped along its route on Jan. 13 in the Red Sea. "It is a pause to get security advice, if passing (through the) Red Sea remains unsafe we will go via the Cape," the source told Reuters on Monday about QatarEnergy.

Persons: Andrew Mills, Maha, Maha El Dahan, QatarEnergy, carmaker Suzuki, Britain, Grant Shapps, Qatar's Al Ghariya, Al Huwaila, Al, Ras Laffan, Al Rekayyat, Maha El, Emily Chow, Sachin Ravikumar, Chandni Shah, Andrew Cawthorne, Catherine Evans Organizations: Houthi, Reuters, Qatari Locations: Maha El, Maha El Dahan DOHA, WASHINGTON, Yemen, Gaza, Saudi, Israel, The U.S, U.S, Esztergom, Hungary, Ras, Suez, Oman, Jan, Qatar, Red, Europe, Asia, Aden, Djibouti, Davos, Singapore, Doha, London, Bengaluru

☆ North Korea's Kim vows to 'faithfully' fulfil agreements made with Russia's Putin
▼ + stars: | 2023-10-19 | by ( Hyonhee Shin | ) www.reuters.com time to read: +3 min

North Korean leader Kim Jong Un meets Russia's President Vladimir Putin at the Vostochny ?osmodrome in the Amur Oblast of the Far East Region, Russia, September 13, 2023 in this image released by North Korea's Korean Central News Agency. Kim took a rare trip to Russia last month during which he invited Putin to Pyongyang and discussed military cooperation, including over North Korea's satellite programme, and the war in Ukraine. He was referring to North Korea by the initials of its official name, the Democratic People's Republic of Korea. 'FIRST TARGET OF DESTRUCTION'Russia and North Korea have been seeking to forge closer ties in the face of what they see as a hostile and aggressive U.S.-led Western camp. Those assets would be "the first targets of destruction" if signs of any attack on North Korea were detected, it said, adding the country has already enacted "the policy of nuclear force which allowed the necessary procedures of action."

Persons: Kim Jong Un, Vladimir Putin, Sergei Lavrov, Kim, Putin, Lavrov, KCNA, Choe Son Hui, Pyongyang's, Hyonhee Shin, Diane Craft, Sandra Maler Organizations: North, Korean Central News Agency, KCNA, REUTERS, Rights, Russian, DPRK, Democratic People's, North Korean Foreign, U.S, Thomson Locations: Amur Oblast, East Region, Russia, Rights SEOUL, Pyongyang, Ukraine, North Korea, Democratic People's Republic of Korea, North, Northeast Asian, Seoul, Washington, Moscow, Japan, U.S, ' Republic of Korea, DPRK, South Korea

☆ North Korea's Kim shares letters with Russia's Putin, wishes victory over 'imperialists'
▼ + stars: | 2023-10-11 | by ( Hyonhee Shin | ) www.reuters.com time to read: +2 min

Russia's President Vladimir Putin and North Korea's leader Kim Jong Un attend a meeting at the Vostochny ?osmodrome in the far eastern Amur region, Russia, September 13, 2023 in this image released by North Korea's Korean Central News Agency. In his letter, Kim said he was extremely satisfied with their "candid, comprehensive" discussions during the visit. He pledged to further develop relations to a "new height" and wished Putin good luck in resisting Western pressure over Ukraine. Putin, in his message to Kim, said their recent meeting was more evidence of developing ties. Washington has accused has accused North Korea of providing weapons to Russia for its war in Ukraine, including artillery shells, shoulder-fired rockets and missiles.

Persons: Vladimir Putin, Kim Jong Un, Kim Jong, KCNA, Putin, Kim, Kim's, Hyonhee Shin, Lincoln Organizations: North, Korean Central News Agency, KCNA, REUTERS, Rights, Thomson Locations: Amur, Russia, Rights SEOUL, North Korea, Ukraine, Northeast Asia, Moscow, Pyongyang, Washington

TASS news agency cited Energy Minister Nikolai Shulginov as saying the government "at all levels" had been discussing partial permission for fuel exports. Europe could also fill some of the gap left by the Russia gasoline ban. Northwest European suppliers, which lost market share in West Africa to Russian supplies this year, could step in, FGE said. Since banning Russian fuel imports, Europe has been seeking suppliers elsewhere, including from the Middle East. As a result, traders said they expected Northeast Asian refiners in China and South Korea to boost diesel exports to Europe.

Persons: Tatiana Meel, Alexander Novak, Vortexa, Nikolai Shulginov, JP Morgan, FGE, Edmund Blair, Mark Potter Organizations: REUTERS, Traders, Kremlin, Kommersant, TASS, Analysts, FGE Energy, WHO, BE, European Union, Gulf, Diesel, Northwest, Competition, Thomson Locations: Nakhodka Bay, Nakhodka, Russia, LONDON, SINGAPORE, Soviet, United States, Ukraine, Europe, Brazil, Turkey, North, West, East, Gulf, gasoil, India, Africa, Kpler, U.S, Gulf Coast, America, West Africa, China, South Korea

The diesel ban will have the biggest impact because Russia is the world's top seaborne exporter of the fuel, just ahead of the United States. Europe could also fill some of the gap left by the Russia gasoline ban. Northwest European suppliers, which lost market share in West Africa to Russian supplies this year, could step in, FGE said. Since banning Russian fuel imports, Europe has been seeking suppliers elsewhere, including from the Middle East. As a result, traders said they expected Northeast Asian refiners in China and South Korea to boost diesel exports to Europe.

Persons: Alexey Malgavko, Vortexa, JP Morgan, said.Turkey, FGE, Edmund Blair Organizations: Traders, Kremlin, FGE Energy, WHO, BE, European Union, Gulf, Diesel, Northwest, Competition, Thomson Locations: Omsk, Russia, LONDON, SINGAPORE, Soviet, United States, Ukraine, Europe, Brazil, Turkey, North, West, East, Gulf, gasoil, India, Africa, Kpler, U.S, Gulf Coast, America, West Africa, China, South Korea

[1/4] The 9th Session of the 14th Supreme People's Assembly of the Democratic People's Republic of Korea is held at the Mansudae Assembly Hall, in Pyongyang, North Korea, in this picture obtained by Reuters on September 28, 2023. KCNA via REUTERS Acquire Licensing RightsSEOUL, Sept 28 (Reuters) - North Korea has adopted a constitutional amendment to enshrine its policy on nuclear force, state media reported on Thursday, as the country's leader pledged to accelerate production of nuclear weapons to deter what he called U.S. provocations. "The DPRK's nuclear force-building policy has been made permanent as the basic law of the state, which no one is allowed to flout with anything," North Korean leader Kim Jong Un said, addressing the parliament. The amendment comes a year after North Korea officially enshrined in law the right to use preemptive nuclear strikes to protect itself, a move Kim had said would make its nuclear status "irreversible". The announcement by parliament also comes after North Korean state media said on Wednesday Pyongyang had decided to expel Private Travis King, the U.S. soldier who ran into North Korea in July.

Persons: KCNA, Kim Jong Un, Kim, Vladimir Putin, Yang Moo, Yoon Suk Yeol, Travis King, Soo, hyang Choi, Hyonhee, Ed Davies, Josie Kao, Lincoln Organizations: Supreme People's Assembly, Democratic People's, Reuters, KCNA, REUTERS Acquire, Rights, Supreme, Assembly, North, U.S, NATO, Moscow, Analysts, University of North Korean Studies, South, Wednesday Pyongyang, Thomson Locations: Democratic People's Republic, Korea, Mansudae, Pyongyang, North Korea, Rights SEOUL, DPRK, Democratic People's Republic of Korea, U.S, United States, South Korea, Japan, Russia, Ukraine, Moscow, Northeast Asia, Seoul, North Korean, China

☆ Russia-North Korea summit: "Comrades" Putin and Kim send rivals a warning
▼ + stars: | 2023-09-14 | by ( Josh Smith | ) www.reuters.com time to read: +4 min

Discussions of any open violation of U.N. Security Council resolutions on North Korea would signal that major international agencies will be paralysed, said Andrei Lankov, a Korea expert at Seoul's Kookmin University. The summit is an indicator that North Korea-related Security Council resolutions are dead, as are all attempts to stop North Korea or penalise it for having a nuclear program, he said. UKRAINE FACTORLankov also said that Russia may be unlikely to provide North Korea with advanced technology that it could eventually lose control of. If Russia, North Korea and China feel that they are threatened, it makes sense they would seek to support each other through partnerships or even alliances to counter the United States. "It's just difficult for me to imagine that Xi Jinping and Kim Jong Un and Vladimir Putin can trust each other enough for a real long term concerted alliance formation," he said.

Persons: Vladimir Putin, Kim Jong Un, Kim, Putin, Duyeon Kim, Leif, Eric Easley, Andrei Lankov, Lankov, Mason Richey, Jinping, Josh Smith, Angus MacSwan Organizations: Vostochny, North, Korean Central News Agency, KCNA, REUTERS Acquire, Center, New, New American Security, Ewha University, U.S, Seoul's Kookmin University, Hankuk University of Foreign Studies, Thomson Locations: Amur, Russia, SEOUL, Russia's, U.S, Ukraine, North Korea, New American, Washington, Seoul, Tokyo, Northeast Asia, China, South Korea, Korea, UKRAINE, Kyiv, Poland, United States

Western officials saw the summit with North Korea as an effort by Putin to secure a potential arms bonanza for his military. North Korea also could increase its ammunition production at Russia’s behest. Yang Uk, a security expert at South Korea’s Asan Institute for Policy Studies, noted that in addition to Soviet-designed armaments, North Korea also could share some of its latest military equipment. “There isn’t really much left in the policy toolbox in terms of addressing the challenges specifically from Russia and North Korea,” Park observed. It’s just basically not implementing sanctions.”A major factor Russia needs to consider while it seeks to expand ties with North Korea is China, Pyongyang's No.

Persons: Vladimir Putin, Kim Jong Un, Putin, Kim, Josef Stalin, Kim Il Sung, ”, John Park, Harvard Kennedy, it’s, James O’Brien, James Nixey, Volodymyr Zelenskyy, “, Yang Uk, ” Yang, Leif, Eric Easley, “ Putin, ” Nixey, Antonio Guterres, “ It’s, It’s, Danica Kirka, Emma Burrows, Kim Tong, hyung, Kim Hyung Organizations: North, Putin, Harvard, U.S . State Department, Chatham House, South Korea’s Asan Institute, Policy Studies, Ewha University, U.S, Observers, Associated Press Locations: Pyongyang, Ukraine, Moscow, Asia, Korean, Korea, Russia, North Korea, ”, “, Eurasia, London, U.S, Central, Eastern Europe, South Korea’s, Soviet, Vostochny, Seoul, China, South Korea, Europe, Washington, russia, ukraine

☆ North Korea marks founding day with parade, diplomatic exchanges
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +2 min

[1/4] North Korean leader Kim Jong Un gestures as the civil defense military parade commemorating the 75th anniversary of the founding of the Democratic People's Republic of Korea is held in Pyongyang, September 8, 2023. KCNA via REUTERS Acquire Licensing RightsSEOUL, Sept 9 (Reuters) - North Korean leader Kim Jong Un marked the country's founding anniversary with a parade of paramilitary groups and diplomatic exchanges in which he vowed to deepen ties with China and Russia. Kim observed the parade at Kim Il Sung Square in Pyongyang and held talks with a visiting Chinese delegation, state media KCNA reported on Saturday. "Most stakeholders in the region want to avoid a new Cold War, but this looks increasingly difficult as Beijing and Moscow prop up Pyongyang and North Korea aligns itself with China and Russia's challenges to the international order." North Korea supplements its already large military with various paramilitary, reserve, and security groups such as the army-affiliated Worker-Peasant Red Guards (WPRG).

Persons: Kim Jong, Kim, Kim Il, Xi Jinping, Vladimir Putin, Xi, Leif, Eric Easley, China's Xi, Russia's Putin, Putin, Jihoon Lee, Josh Smith, Sandra Maler, Stephen Coates, Michael Perry Organizations: Democratic People's, KCNA, REUTERS Acquire, Rights, Ewha University, Guards, Thomson Locations: Democratic People's Republic, Korea, Pyongyang, Rights SEOUL, China, Russia, Northeast Asia, North Korea, India, Seoul, Beijing, Moscow, New Delhi, Ukraine

☆ Kim Jong Un and his daughter celebrate North Korea's 75th. Xi and Putin send their regards
▼ + stars: | 2023-09-08 | by ( Gawon Bae | ) edition.cnn.com time to read: +1 min

Seoul, South Korea CNN —Kim Jong Un attended a “paramilitary parade” with his daughter to mark the 75th anniversary of North Korea’s founding on Saturday, the country’s state media have reported. Paramilitary forces and industrial workers marched down Kim Il Sung Square in Pyongyang as part of the parade, the Korean Central News Agency reported. Kim attended the parade with his daughter, who is believed to be called Kim Ju Ae, and received congratulatory letters from China’s Xi Jinping and Russia’s Vladimir Putin, according to KCNA. Kim Jong Un attends the parade marking the 75th anniversary of the founding of North Korea on September 9, 2023. In Xi’s letter, according to KCNA, the Chinese leader said his country was “ready to strengthen the strategic communication, deepen the working-level cooperation and promote the China-DPRK relations” with Pyongyang.

Persons: South Korea CNN — Kim Jong Un, Kim Il, Kim, Kim Ju, China’s Xi, Russia’s Vladimir Putin, Liu Guozhong, Alexandrov, KCNA, Kim Jong Un, ”, ” Putin Organizations: South Korea CNN, Paramilitary, Korean Central News Agency, Russian Army, North, REUTERS Locations: Seoul, South Korea, Pyongyang, North Korea, Northeast Asia, China

☆ Investors are getting bearish on China — but see other upside opportunities in Asia
▼ + stars: | 2023-08-31 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

However, some investors believe a bearish China story is shifting the spotlight onto investment opportunities in other Asian markets. Morgan Stanley downgraded the iShares MSCI China ETF (MCHI) to equal weight from overweight in early August, citing lower earnings growth expectations and structural challenges. Opportunity in Japan Japan currently stands out as a "particularly attractive" investment play, according to Horizon Investments chief investment officer Scott Ladner. Investors can get access to the Japanese market through the iShares MSCI Japan ETF (EWJ) , which has an expense ratio of 0.5% and more than $13 billion in assets. Ways to play the space include the iShares MSCI South Korea ETF (EWY) , the Franklin FTSE South Korea ETF (FLKR) and the iShares MSCI Taiwan ETF (EWT) .

Persons: Morgan Stanley, Wells, Jay Bryson, Scott Ladner, Ladner, Seth Carpenter, it's, Carlos Asilis, China —, Asilis, Franklin Templeton's FLKR, we've Organizations: Horizon Investments, Bank of Japan, Glovista Investments, Korea ETF, Franklin FTSE, Franklin FTSE South Korea ETF, U.S Locations: China, Wells Fargo, Japan Japan, Japan, Asia, Pacific, South Korea, Taiwan, Korea, Franklin FTSE South, Australia, India, Vietnam, Indonesia

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