DIRS.INFO The most relevant business & tech news

SEOUL, South Korea — Starbucks, one of the world’s most recognizable, if sometimes tedious, symbols of global capitalism, has a knack for choosing unique spots to open coffee shops. As of Friday, visitors to Aegibong Peace Ecopark near Gimpo, South Korea, can take in the views across the demilitarized zone and the North Korean border. “People used to think of this area near the North Korean border as a dark and gloomy place,” Kim Byung-soo, mayor of Gimpo, told NBC News. The coffeehouse’s patrons can see a North Korean village on Songaksan Mountain, as well as the environmental preservation area that the civilian-free DMZ is home to. An observation deck at a Starbucks in Gimpo, South Korea.

Persons: Baek Hea, ” Baek, SeongJoon Cho, ” Kim Byung, Kim Jong Un, Lim Jong, chul Organizations: Starbucks, Reuters, Bloomberg, Getty, NBC News, Vietnam Locations: SEOUL, South Korea, Prague, Cordoba, London, Gimpo, Korean, Seoul, North Korea, Pyongyang, Korea, Gaepung County

☆ Starbucks opens a cafe with a view of North Korea
▼ + stars: | 2024-11-29 | by ( Chris Lau | Yoonjung Seo | ) edition.cnn.com time to read: +3 min

The 30-seat cafe is located at the Aegibong Peace Ecopark in Gimpo city, about 20 miles north of the capital Seoul. Reuters“I wish I could share this tasty coffee with the people living in North Korea right in front of us,” local resident Baek Hea-soon, 48, told Reuters. North and South Korea are technically still at war, as no treaty to end the 1950 to 1953 Korean War was ever signed. South Korean veterans drink coffee at an observation deck of the Starbucks Coffee in Gimpo. In January, North Korean leader Kim Jong Un said his country would no longer seek reconciliation and reunification with South Korea.

Persons: South Korea CNN —, Reuters “, Baek Hea, Lim Jong, ”, Kim Byung, SeongJoon Cho, hyeon Kim, Kim Jong Un, Kim Organizations: South Korea CNN, Starbucks, American, Korean, Reuters, Gimpo, Bloomberg, Getty, South Koreans, Korea Tourism Organization, South Locations: Seoul, South Korea, North Korea, Gimpo city, It’s, Kaepung, Vietnam, Gimpo

☆ Crypto investor eats banana art after buying it for $6.2 million
▼ + stars: | 2024-11-29 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +2 min

AdvertisementCrypto investor Justin Sun bought a duct-taped banana for $6.2 million in a Sotheby's auction. Sun ate the banana at a news conference where he compared the conceptual artwork to NFTs. One week after paying $6.2 million for a duct-taped banana, crypto investor Justin Sun ate the pricey snack at a news conference in Hong Kong. The banana displayed at Sotheby's was purchased for 35 cents from a New York City fruit vendor. Advertisement"This conceptual artwork can be assembled and disassembled anywhere and at any time conveniently and in any place in the world," he said.

Persons: Justin Sun, Sam Bankman, Maurizio Cattelan, Sun, David Datuna, Donald Trump's Organizations: Sun, Art Basel Fair Miami, Sotheby's, Gros Michel, South, Liberty Financial Locations: Hong Kong, New York, Italian, New York City, Gros, South Korean

☆ South Korea's largest K-pop agency loses $423 million in value as girl group NewJeans set to part ways
▼ + stars: | 2024-11-29 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

SEOUL, SOUTH KOREA - NOVEMBER 28: Haerin, Danielle, Hanni, Minji and Hyein of girl group NewJeans attend the press conference on November 28, 2024 in Seoul, South Korea. K-pop girl group NewJeans hold a press conference an announcement on the termination of their contract with their agency Ador. South Korea's largest K-pop agency Hybe lost over $423 million in market cap on Friday after rookie group NewJeans announced it was terminating its contract with Hybe sub-label ADOR. In 2024, NewJeans had also won the Group of the Year Award at Billboard's Women in Music ceremony. Billboard's citation said the group scored entries across 10 Billboard charts, including the Billboard Hot 100, Billboard 200, and Billboard Global 200.

Persons: Danielle, Hanni, Hybe, NewJeans, ADOR, Min Hee, Min Organizations: SOUTH, Hybe, South, JoongAng Ilbo, Group, Billboard Locations: SEOUL, SOUTH KOREA, Seoul, South Korea, South, ADOR, South Korean, South Korea's, NewJeans, U.S

☆ Reflexive control: How Russia is forcing its enemies to make decisions against their own interests
▼ + stars: | 2024-11-28 | by ( Christian Edwards | ) edition.cnn.com time to read: +7 min

Each time, when the West finally accepted Ukraine’s requests, Russia’s most catastrophic threats did not materialize. Although Putin said the attack was “a response from our side” to the Biden administration’s decision on longer-range weapons, Russia has not needed a pretext for such strikes in the past. By providing Ukraine with ATACMS but only allowing it to strike parts of Ukraine occupied by Russia, “we sent Russia the message: ‘You know what? The decision to fire slightly longer-range Western weapons is a difference of degree, not of kind. By law, Russia considers these territories its own, and warned of dire consequences if Ukraine targeted them with Western weaponry.

Persons: Vladimir Putin, Kyiv’s, Biden, Putin, Kateryna, ” Stepanenko, Alina Smutko, –, “, ”, William Alberque, ” Alberque, “ I’m, couldn’t, Ukraine can’t, Radek Sikorski, Roman Pilipey, ATACMS, Joe Biden, Alberque, Donald Trump, they’re Organizations: CNN, Institute for, Russia, Korean, Kremlin, Army Tactical Missile Systems, NATO’s, Disarmament, Proliferation, Poland’s, Russia –, Kyiv, NATO Locations: Russian, Ukraine, Russia, Kyiv, Russia's, “ Russia, AFP, Crimea, Washington, Ukraine’s, Kharkiv, Albuquerque, United States

☆ Russia will likely send North Korean troops to the most dangerous spots to fight, says South Korea
▼ + stars: | 2024-11-28 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

AdvertisementNorth Korean troops sent to aid Russia will likely be deployed to the most dangerous fighting spots. That's according to South Korea's defense minister, who said they'd likely be used as "cannon fodder." North Korean forces have already taken casualties, per reports. North Korean troops fighting alongside Russian forces will likely be sent to some of the most dangerous spots in the war, Kim Yong-Hyun, South Korea's defense minister, said on Thursday. North Korea has sent thousands of troops to aid Russia in its war efforts, according to officials from South Korea, Ukraine, and the US.

Persons: they'd, Kim Yong, Kim, Joonkook Hwang, South, Andrii Kovalenko, Volodymyr Zelenskyy, Dmytro Ponomarenko, Kim Song Organizations: Russian, North, Yonhap News Agency, UN, Financial, Shadow, Street Journal, Western, Storm, Ukraine's Center, Bloomberg, UN Security Locations: Russia, South, Korea, South Korea, Ukraine, Korean, Kursk, North Korea

☆ Trump faces a far more emboldened Kim Jong Un this time around
▼ + stars: | 2024-11-28 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

AdvertisementTrump has boasted about his chemistry with North Korean dictator Kim Jong Un. Donald Trump has long reminisced about the unlikely bromance he formed with North Korean dictator Kim Jong Un while president. His comments suggest that Trump will find Kim a much tougher and more emboldened character to deal with this time around. North Korea's Kim Jong Un and Russia's Vladimir Putin at a military parade in Pyongyang in June. "Kim likely sees in Trump a once-in-a-lifetime opportunity to remake his country's relationship with the US, and thereby the wider world," said Chan.

Persons: Kim Jong Un, Kim, Donald Trump, Kim Jong, Kim hasn't, Trump, Jeremy Chan, Bruce Bennet, Kim overplayed, Bennet, Kim Jae, Vladimir Putin, Putin, Chan, Daniel Salisbury, Russia's Vladimir Putin, GAVRIIL GRIGOROV, —, Ellen Kim Organizations: Trump, North, North Korean, Eurasia Group, Getty, Reuters, RAND Corporation, UN Security Council, South, Centre for Science & Security, King's College, Center for Strategic, International Studies Locations: North Korean, Korean, Pyongyang, North Korea, Russia, Ukraine, China, Asia, Hanoi, Anadolu, South Korea, King's College London, Trump, Korea

☆ Democrat Derek Tran unseats GOP Michelle Steel in razor-thin Orange County House race
▼ + stars: | 2024-11-27 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +6 min

Democrat Derek Tran has defeated Republican incumbent Michelle Steel for a House seat representing California’s Orange County and Los Angeles, NBC News projects, after a contentious race that centered on the candidates’ Asian American identities and use of aggressive anti-China messaging. Tran has performed better with voters in Los Angeles County, where he has had a significant lead over Steel. But the race is tighter in Orange County, the bulk of the district, where voters have repeatedly flipped between red and blue over the past election cycles. She previously served as a supervisor and chairwoman of the Orange County Board of Supervisors before running for Congress. Don Luong, a history teacher and longtime Orange County voter, said the back-and-forth has distracted from the candidates’ actual platforms.

Persons: Derek Tran, Michelle Steel, Tran, Steel, ” “, ” Tran, “ Michelle can’t, ” Steel, Don Luong, ” Luong, “ We’re, didn’t, Luong, “, ”, Sheng Thao, Pamela Price Organizations: NBC News, Army, Steel, Congressional, Asian, Congress, Consumer, VietFace, NBC, “, Oakland Locations: California’s Orange County, Los Angeles, China, Los Angeles County, Orange County, California, Vietnam, Communist China, Orange, mailers, Alameda County

☆ Samsung Electronics appoints co-CEO in leadership shuffle focused on chip divisions; shares drop
▼ + stars: | 2024-11-27 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Samsung Electronics on Wednesday announced changes in the leadership of its memory and foundry chip divisions, as the company faces intense competition in the semiconductor space. The South Korean tech giant appointed Jun Young-hyun as co-CEO and head of the memory chip arm, while Han Jin-man will become the president and head of the company's foundry business. Samsung Electronics was once the leading force in the memory chip sector, and appeared well-positioned to take advantage of the boom in artificial intelligence. Last month, Jun, who has been overseeing the semiconductor division since May, issued a rare apology after the company posted disappointing third-quarter profit guidance. Samsung's chip business posted a sharply lower third-quarter profit compared to the previous quarter.

Persons: Jun Young, Han Jin, Nam Seok Woo, Samsung Organizations: Samsung Electronics, South, Samsung, SK Hynix, Nvidia, Citi, Device Solutions

☆ Johnny Somali: Controversial American live-streamer faces prison in South Korea for offensive behavior
▼ + stars: | 2024-11-27 | by ( Hanna Park | Gawon Bae | ) edition.cnn.com time to read: +3 min

CNN —A controversial American live-streamer is facing the prospect of prison in South Korea for his offensive antics, in a case that is shining a light on the rise of so-called “nuisance influencers” seeking clicks overseas. Ramsey Khalid Ismael, 24, commonly known by his online alias, “Johnny Somali,” has been indicted of causing a “commotion” at a convenience store, Seoul prosecutors confirmed to CNN. Angry locals threatened reprisals against the live-streamer in online posts following the incident. Separately, a man was arrested in Seoul last month for allegedly punching Ismael in the face, the Yonhap News Agency reported. Last year, the live-streamer was arrested in Osaka on suspicion of trespassing in a construction site, according to the Kyodo News agency.

Persons: Ramsey Khalid Ismael, “ Johnny, ”, Ismael, JTBC, John Lie, ” Lie, “, Ava Ko Organizations: CNN, MBC News, Yonhap News Agency, Kyodo News, University of California Locations: South Korea, Seoul, Asia, Instagram, Tokyo, Japan, Osaka, Hiroshima, Nagasaki, Berkeley

☆ Biden's last-minute missile moves for Ukraine are coming far too late, weakening their effect on the Russians
▼ + stars: | 2024-11-27 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +7 min

It's been a truism that Ukraine has needed the capability to strike the Russian rear for many years at this point." Related storiesA pattern of late aidThe US and other allies have been repeatedly criticized for slowness and hesitancy in giving Ukraine aid and permissions. One American fighting in Ukraine told BI, "It feels like everything that we've been getting has been either too late or it's just enough to barely hold on." AdvertisementA US Army Tactical Missile System (ATACMS) firing a missile into the East Sea during a South Korea-US joint missile drill. Savill said of Biden's missile decision that "the impact may be more political, albeit with a narrowing window of opportunity."

Persons: Joe Biden, Donald Trump, George Barros, It's, Lockheed Martin, Matthew Savill, Michael Bohnert, ISW, we've, Volodymyr Zelenskyy, There's, Barros, Putin, Bohnert, counterattacking, Savill, Ukraine Biden, Trump Organizations: MGM, Tactical Missile Systems, Lockheed, Storm, UK Ministry of Defence, Royal United Services Institute, Russian Defense Ministry Press Service, AP, Biden, Politico, Reuters, RAND Corporation, NATO, Army Tactical Missile, Korean Defense Ministry, Getty, Ukraine, Trump Locations: Ukraine, Russia, Russian, Kursk —, Ukrainian, Kursk, Russia's Kursk, South Korea

SEOUL, South Korea — A South Korean man hoping to avoid mandatory military service has been convicted after trying to eat his way out of it. He was sentenced to one year in prison, suspended for two years, under the Military Service Act, which allows for sentences of up to three years for evading mandatory military service without justifiable cause. The sentences were “relatively lenient” because neither of the men had previous criminal convictions, the court official said. “Most of all,” the official said, the man “accepted his wrongdoing and vowed to serve his military duty sincerely.”The official could not confirm whether the man had started his military service. Stella Kim reported from Seoul, South Korea, and Seyed Ismail Nafeesa from Hong Kong.

Persons: “, ”, Stella Kim, Seyed Ismail Nafeesa Organizations: Seoul Eastern, Court, NBC, Military Service Locations: SEOUL, South Korea, Korean, Seoul, Hong Kong

☆ South Korea convicts man over binge eating to dodge military draft
▼ + stars: | 2024-11-26 | by ( Jessie Yeung | ) edition.cnn.com time to read: +3 min

Seoul, South Korea CNN —A South Korean man who ate to the point of obesity in an attempt to dodge the army has avoided prison after he pledged to take up his mandatory military service. The man, whose age was not revealed by the court, has since “expressed his intention to fulfill his military duty sincerely,” the ruling said. Women are exempt from compulsory conscription, and volunteer females account for only 3.6% of the Korean military, according to the Defense Ministry. In a 2018 survey, 72% of Korean men in their 20s said they thought the draft was a form of gender discrimination, and almost 65% believed women should also be conscripted. Nearly 83% said it was better to dodge military service if possible, and 68% believed it was a waste of time.

Persons: “ Organizations: South Korea CNN, country’s, Amnesty International, Constitutional, Korean, Defense Ministry, ” Locations: Seoul, South Korea, Korean

☆ North Korea expands weapons plant that makes missiles used by Russia against Ukraine, researchers say
▼ + stars: | 2024-11-26 | by ( Lauren Kent | ) edition.cnn.com time to read: +5 min

CNN —North Korea is expanding a weapons plant that manufactures missiles used by Russia against Ukraine, according to new research from a US-based think tank. Located in the country’s second-largest city, Hamhung, the factory has been visited several times by North Korean leader Kim Jong Un, with North Korean state media previously touting its mass-production of tactical missiles. Attacks on Ukraine with KN-23 missilesRussia has fired about 60 North Korean KN-23 missiles (Hwasong-11A) at Ukraine this year. And strikes using North Korean missiles have killed at least 28 people and injured 213 this year, the Ukrainian prosecutor general told CNN last week. Moscow and Pyongyang have both previously denied that North Korea has exported weapons to Russia, despite significant evidence of such transfers.

Persons: James Martin, Kim Jong Un, Sam Lair, Lair, they’re, ”, CNN’s Helen Regan, Daria Tarasova, Nick Paton Walsh, Victoria Butenko Organizations: CNN, Ukraine, James, James Martin Center, Nonproliferation Studies, Middlebury Institute of International Studies, North, Center, Planet Labs, Planet Labs PBC, Nonproliferation, North Korean, Russia, Korean, Ukraine’s, Corruption Locations: North Korea, Russia, Hamhung, North Korean, Ukraine, Moscow, Pyongyang, Western, Korea, United States, Netherlands, United Kingdom, Kursk

☆ An American Airlines passenger was taken to hospital after severe turbulence caused a 4-hour flight to nowhere
▼ + stars: | 2024-11-25 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

AdvertisementAn American Airlines flight returned to São Paulo after turbulence injured a passenger. An American Airlines passenger was taken to hospital after their flight encountered turbulence. Data from Flightradar24 shows that Saturday's Flight 930 from São Paulo to Miami U-turned less than two hours after taking off. Related Video Severe turbulence launches passengers to the ceiling of Singapore Airline flightAn airline spokesperson confirmed to Business Insider that the flight landed safely back in São Paulo "after encountering turbulence while in flight." A Singapore Airlines passenger died, and dozens more were injured during severe turbulence in May.

Persons: São Paulo Organizations: American Airlines, Singapore Airline, Business, Boeing, Aviation Herald, Singapore Airlines, Korean, University of Reading Locations: Miami, Singapore, São, Brazil

☆ Ukraine says it found Western parts inside North Korean ballistic missiles fired by Russia
▼ + stars: | 2024-11-25 | by ( Jake Epstein | ) www.businessinsider.com time to read: +3 min

AdvertisementUkraine said on Monday that it found Western-made parts inside North Korean ballistic missiles. Ukraine's military intelligence agency said that it found Western-made parts inside North Korea's KN-23 and KN-24 short-range ballistic missiles. Kyiv said that it had previously found Western technology in the North Korean missiles. The Monday statement marks Ukraine's latest announcement on the finding of Western-made parts inside weapons used by Russia in this war. NATO said the introduction of North Korean troops into the war marked a "significant escalation" in the grinding conflict.

Persons: HUR, — Organizations: North, XP, Anadolu, Getty, North Korean, Korean, NATO Locations: Ukraine, Russia, Kyiv, Europe, Russian, North Korea, China, Japan, Switzerland, British, North Korean, DPRK, Iran, Pyongyang, Moscow, Russia's, Kursk

☆ Asia markets set to open higher as Aussie stocks hit record high; India GDP and Korea rates in focus
▼ + stars: | 2024-11-25 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Anadolu Agency | Anadolu Agency | Getty ImagesAsia-Pacific markets were set to mostly climb Monday, with investors awaiting Korean central bank's rate decision and India' third-quarter GDP numbers this week. Singapore later in the day will release its inflation figures for October. Economists polled by Reuters expect the headline inflation rate of 1.8%, down from the 2% in the previous month. Other economic data this week include October inflation readings from Australia, due Wednesday, and November inflation numbers from Japan's capital city of Tokyo on Friday. Tokyo's inflation figures are widely considered a leading indicator of nationwide trends.

Organizations: Skyline, Anadolu Agency, Getty, Reuters, Nikkei Locations: Sydney, Australia, Asia, Pacific, India, Singapore, Tokyo, Chicago, Osaka

☆ Some of Temu's children's clothes contained up to 622 times the legal limit for toxic substances, South Korean authorities say
▼ + stars: | 2024-11-25 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

South Korean authorities said a jacket from Temu contained 622 times the legal limit for such substances. The substances include phthalate plasticizers, lead, and cadmium, which are classified as hazardous in the country. Some children's clothes from Chinese fast fashion retailer Temu contained up to 622 times the legal limit for toxic substances, the Seoul Metropolitan Government said. A jumpsuit from Temu contained 294 times the legal amount of phthalate plasticizers, the report said. AdvertisementThe same investigation revealed that sandal insoles sold by Temu contained 11 times more lead than legally permissible.

Persons: plasticizers, Temu Organizations: Seoul Metropolitan Government, Pakistan recycles, AFP, US Department of Health, Human Services, PDD Holdings, Business, Seoul Metropolitan, Bloomberg Locations: Seoul, Pakistan, South Korea, Korea

☆ How to invest $500,000 for the year ahead, according to 2 wealth managers
▼ + stars: | 2024-11-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

As investors position their portfolios for 2025, wealth managers are advocating for a diversified approach with selective bets on undervalued sectors. CNBC Pro spoke to Ollie Clark, deputy head of research at WH Ireland, and Mark Preskett, senior portfolio manager at Morningstar Wealth, about how investors with roughly $500,000 could look to allocate their portfolio. Clark expects the growth in artificial intelligence to lead to another year of bumper returns. Investors with portfolios already geared toward a traditional 60/40 stock-bond portfolio mix can expect some, if limited, relief in the future, according to Clark. The Morningstar Wealth portfolio manager said investors could gain exposure to such companies through the Franklin FTSE South Korea ETF .

Persons: Ollie Clark, Mark Preskett, Clark, Donald Trump, Morningstar, Preskett, WH Ireland's Clark Organizations: CNBC, WH Ireland, Morningstar Wealth, Clark, Federal Reserve, Trump, South, SK Hynix, Samsung, Franklin FTSE, Metals Mining, HG Locations: U.S, South Korea, Franklin FTSE South Korea

☆ China is increasingly unnerved by Russia and North Korea's growing alliance, says top US official
▼ + stars: | 2024-11-25 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

North Korea is providing crucial support to Russia in Ukraine, and is getting favors in return. China is increasingly concerned about the alliance between Kim Jong Un's North Korea and Vladimir Putin's Russia, according to Kurt Campbell, the US deputy secretary of state. AdvertisementMeanwhile, Russia is providing North Korea with economic and diplomatic support. "But the Chinese are waiting for an opportunity where North Korea, Russia, and China can come stronger together, and I think North Korea sending the troops to Russia is a testimony to that." The growing alliance between North Korea and Russia, he said, is a step toward that.

Persons: Kurt Campbell, Kim Jong, Vladimir Putin's, Putin, Campbell, Donald Trump, Ali Wyne, Jagannath Panda Organizations: Center for Strategic, International Studies, Guardian, Russia, Crisis, North, Stockholm Center, South, Pacific Affairs Locations: China, East Asia, North Korea, Russia, Ukraine, Vladimir Putin's Russia, Kursk, DPRK, Pyongyang, Moscow, Beijing, North, South Korea, Korea

☆ A South Korean man binge-eating to become too fat to serve is the latest creative attempt to dodge the country's draft
▼ + stars: | 2024-11-25 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +4 min

AdvertisementA South Korean man was given a one-year suspended sentence for evading military service. This is just the latest example of South Korean men going to extreme lengths to try to avoid serving. A South Korean man was found guilty of evading military service by deliberately putting on weight. While most South Korean men are expected to serve for at least a year and a half, shortly after finishing high school, the conscription law has a number of exceptions. This was the most common method in attempting to evade military service, with the second most common being faking a mental illness, with others falsely registering as disabled, and one internationally breaking a bone.

Persons: Kim Jong, — Organizations: The Korea Herald, country's, Korea Herald, BMI, Military Manpower Administration, South Locations: Seoul, South Korean

☆ Ukraine-Russia conflict: British man captured by Russian forces, state media says
▼ + stars: | 2024-11-25 | by ( Rob Picheta | ) edition.cnn.com time to read: +2 min

London CNN —A British man has been taken prisoner while fighting for Ukraine in Russia’s Kursk region, Russian state media has reported. Russian state media outlet TASS said the man was 22-year-old James Scott Rhys Andersen, a former British soldier, citing a military source. The British Foreign Office confirmed it was “supporting the family of a British man following reports of his detention.”In a video circulating on Russian media, a man identifies himself as James Scott Rhys Anderson and said had previously fought in the British Army before flying to Poland and taking a bus to the Ukrainian border. People of various nationalities, often former soldiers, have fought against Russian forces in Ukraine’s International Legion, bolstering Kyiv’s armed forces in the conflict. Kyiv launched an incursion into Russia’s Kursk region in August, taking Moscow and even its own allies by surprise.

Persons: London CNN —, James Scott Rhys Andersen, James Scott Rhys Anderson, Volodymyr Zelensky Organizations: London CNN, Ukraine, British Foreign Office, British Army, Russian, Ukraine’s International Legion, CNN, Russia Locations: Russia’s Kursk, British, Poland, Ukrainian, Kyiv, Moscow, Russia, Ukraine, Kursk

☆ Russia could give China submarine tech that would cut into US undersea dominance, US admiral says
▼ + stars: | 2024-11-25 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

AdvertisementRussia could hand China technology that would cut into US undersea dominance, a US admiral said. At a security forum, he said exchanges among Russia, Iran, North Korea, and China have intensified. Adm. Samuel Paparo, the US Navy's top commander in the Indo-Pacific, said that Russia will likely give submarine technology to China that would undercut the US' undersea dominance. According to Paparo, Russia is not only exchanging military capability and technology with China but also with North Korea and Iran. In return, according to Paparo, Russia would likely provide missile and submarine technology to the North Korean state.

Persons: Adm, Samuel Paparo, Paparo, Kurt Campbell, Kim Jong Un, Vladimir Putin Organizations: Halifax Security Forum, US Navy, North Locations: Russia, China, North Korea, Iran, Halifax, People's Republic of China, Taiwan, South China, Philippines, Japan, South Korea, Paparo, Korea, Ukraine, Korean, Russian, Pyongyang, Moscow

After Matt Gaetz withdrew from consideration for attorney general, President-elect Donald Trump selected former Florida Attorney General Pam Bondi for the role. Trump’s choice for second-in-command at the Justice Department is Todd Blanche, who served as his lead criminal defense lawyer in the Stormy Daniels hush money case. Jordan’s government communications minister, Mohamed Momani, described the shooting as a terror attack that targeted public security forces in the country. The one-two punch of witches and warriors delivered a strong box office weekend to kick off the holiday season. “Wicked,” the first of a two-film adaptation of the hit Broadway musical, dominated with an estimated $114 million in North America alone.

Persons: Matt Gaetz, Donald Trump, Pam Bondi, Bondi, indicting Trump, Todd Blanche, Daniels, Blanche won’t, Blanche, he’s, Rabbi Zvi Kogan, Benjamin Netanyahu, Mohamed Momani, Urologist, Darius Paduch’s, Weill, Weill Cornell urologist, Maansi Srivastava, Darius Paduch, Paduch, Press Sen, Eric Schmitt, “, ” Schmitt, Kristen Welker, Trump, Schmitt, ”, Republican Sen, Markwayne Mullin, Sarah McBride, Caroline Choe, lar Organizations: FBI, Trump, Justice, Justice Department, UAE, United Arab Emirates, Chabad Lubavitch, Jewish, Weill Cornell, NBC News BR, BR, Press, Promotion, Republican, American Farm Bureau, NBC News, Paramount Pictures Locations: Florida, Trump, Moldovan, Abu Dhabi, New York, Gulf, Jordan, Afghanistan, Turkey, North America

☆ Putin signs law allowing some Russian recruits to write off bad debts worth up to almost $100K as combat losses mount in Ukraine
▼ + stars: | 2024-11-24 | by ( Rebecca Rommen | Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

AdvertisementRussian President Vladimir Putin signed a law on debt forgiveness for certain recruits on Saturday. It allows for up to $96,000 in debt forgiveness for those who sign a minimum one-year contract to fight in Ukraine. Russian President Vladimir Putin has signed a law allowing debt forgiveness for certain troops who sign up to fight in Ukraine. The new law, which also extends to the spouses of recruits, comes amid mounting Russian combat losses in Ukraine. The latest legislation follows President Joe Biden's decision to allow Ukraine to strike Russia with US-provided long-range missiles.

Persons: Vladimir Putin, Putin, Carl Bildt, Russia's, Bildt, Tony Radakin, Mark Rutte, Joe Biden's, Biden scrambles, Donald Trump's Organizations: Saturday, Duma, European Council, Foreign Relations Council, Defence Staff, NATO, Ukraine's Ministry of Defense, General Staff, Ukrainian Armed Forces Locations: Ukraine, Sweden, Russia, Moscow

Search resuls for: "Korean"

25 mentions found