35 Burst results for "South Korean"
Bloomberg Radio New York
"south korean" Discussed on Bloomberg Radio New York
"Minutes past the hour so 18 to the top let's get headline news with that Baxter in San Francisco Ed. Oh, nice math partner. U.S. president Joe Biden and speaker Kevin McCarthy have exchanged letters regarding the start of negotiations over the debt ceiling. McCarthy demanding a meeting and Biden saying Republicans need to produce a public budget plan that can be reviewed during the two week Easter recess. JPMorgan's CEO Jamie Dimon will be interviewed under oath over his bank's decision to retain the late Jeffrey Epstein as a client. The deposition is to take place behind closed doors in May. For the first time in 60 years, U.S. Navy warship has docked at a South Korean port, USS Nimitz important Busan harbor, military drills in international waters, suspected North Korean hackers posing as journalists trying to gather intelligence about international officials officials. This is coming out of a report released today in the U.S.. U.S. president Joe Biden says chip production must be done in the U.S.. He says Republicans are happy to have it done in China and he says that can not continue, meanwhile, Biden says he has directed Israel that the attempt to change the judicial system is not acceptable. Global news powered by more than 2700 journalists and analysts and over 120 countries in San Francisco, I'm Ed Baxter, and this is Bloomberg. All right, let's get your sports now with Bloomberg south Dan Schwartzman. All right, Dan, Spain getting stunned in a Euro 2024 qualifier, huh? Yes, they do a Scotland stunned Spain to nil as Manchester United square Scott mcdonagh scores a priest. The win is the first for Scotland over Spain since 1984. In
Bloomberg Radio New York
"south korean" Discussed on Bloomberg Radio New York
"Two tenths of 1%. We'll talk more about markets in 15 minutes. Ed Baxter has a look at global news headlines, Eddie? Yeah, all right, thank you, Doug, a JPMorgan CEO Jamie Dimon will be interviewed under oath over his bank's decision to retain the late Jeffrey Epstein as a client deposition is to take place behind closed doors in May. For the first time in 60 years, a U.S. Navy warship has docked to the South Korean port USS Nimitz in port Busan harbor military drills in international waters. Suspected North Korean hackers are posing as journalists and trying to gather intelligence about international officials, U.S. president Joe Biden says chip production must be done in the U.S.. He says Republicans are happy to have it done in China and he says that can not continue. U.S. Senate committee holding hearings on banking crisis seems to focus on regulation of banks with assets over $100 billion. U.S. president Joe Biden says he's a directed Israel that the attempt to change the judicial system is not acceptable and in France still forest demonstrations over the potential increase in the retirement age. Global news powered by more than 2700 journalists and analysts in over 120 countries in San Francisco. I met Baxter and this is Bloomberg. All right, back to Hong Kong, Brian. All right dad, thanks very much, 23 minutes past the hour. Let's get to this one. FTX founder Sam bankman fried facing more charges. He's now accused of conspiring to bribe Chinese government officials, joining us is Eva Benny Morrison, Bloomberg, legal reporter. So add it all up, it's 13 counts here, and if we put them all into some different categories, it's fraud, money laundering, campaign finance violations, and bribery allegations. These latest allegations under provisions of the foreign corrupt practices act, let's talk specifically about that. What are prosecutors saying he did? Yes, we certainly adds another element to San beckman free's case. Prosecutors are alleging that what sorry prosecutors are alleging that he organized the bribe of $40 million whether crypto assets to government officials in China. It's alleged that he was trying to get more than a $1 billion worth of crypto that was frozen in some Alameda research trading accounts on two different exchanges in China, unfrozen essentially. He tried to hire attorneys to do some lobbying on his behalf to make that happen. Prosecutors say, but when that didn't come to fruition, he turned to trying to pay a bribe to get those funds released. Now, we mentioned the 13 charges of those which would be the most serious. This one certainly sounds serious, but compared to some of the forward charges he's facing. It pales in comparison. The penalties for wire fraud securities fraud conspiracy to commit commodities fraud are certainly a lot higher. We're talking 20 to 25 years maximum in prison, whereas the foreign corrupt practices act. Bribery of defense, we would just talking about attracts a penalty of about 5 years in jail. What was presented as evidence or perhaps that has to wait for the trial about this effort to alleged effort to bribe Chinese officials. How did prosecutors become aware of this? That's a very good question. And we might have to wait to trial to figure that out. Prosecutors did highlight this as evidence that bankman freed said publicly that he had distancing himself from our major research, which was the hedge fund arm of FTX, but behind the scenes he was still pulling the strings. Prosecutors have spoken to a number of witnesses and former employees who used to work there. So we can assume at least some of the evidence to do with these count comes from that. I want to ask you about two more areas, essentially the trial itself. And then also the detention conditions and the bail conditions. So let's start off with when are we going to get into the meat of this with the trial? Beckmann freight is scheduled to base trial in October. It will probably run over a few weeks. Usually cases that are this complex and dense end up being adjourned in the trial isn't as quickly as it's been put down now. So we'll have to see whether the defense and the prosecution stick to that timeline. So a lot also is written about the bail conditions and his own security and whether or not he needs to be supervised and I hear they're talking about now having a guard posted to walk us through some of the changes in that area. Yeah, so the defense and the prosecution in this case have been going back and forth for months with the judge trying to figure out new conditions that will subject bankman free to a lot more monitoring in terms of eating computers and smartphones and encrypted messaging apps. Finally, today, the judge signed off on some of those new orders. He will get a custom built laptop essentially. That only allows him access to a dozen or more websites he can access FTX is internal database as part of his legal work to prepare his defense. And one of the most unusual aspects of the new conditions is that there has to be a security guard at his house whenever visitors come around or they have to hand over their phones and any other devices and be subject to a metal detector to see if they're hiding anything. And this all goes to the judges concerned that bankman freight will try and try and communicate with a former colleagues and potential witnesses in the case. Ava, thanks so much for joining us. Ava Benny Morrison, Bloomberg, legal reporter. We'll
AP News Radio
Kim wants N. Korea to make more nuclear material for bombs
"North Korean leader Kim Jong-un has called for his nuclear scientists to increase production of weapons greater material to make bombs to put on his increasing range of weapons. The report in state media follows a series of missile launches 7 in this month alone and rising threats to use the weapons against his enemies North Korea's weapons tests and U.S. South Korean military exercises have intensified in tit for tat cycle underscoring heightened tensions in the region, state media says Kim met with officials and scientists at a nuclear weapons institute and stressed the need to ramp up bomb fuel production to meet his goals to expand his nuclear arsenal. I'm Charles De Ledesma
AP News Radio
Do Kwon, wanted in $40B crypto crash, arrested in Montenegro
"South Korea says it will pursue the extradition of terraform labs founder del Quan from Montenegro after the crash of his firm's cryptocurrency. South Korean officials confirmed that 31 year old Quan was arrested at an airport in Montenegro. They say he had been hiding in Serbia, and was trying to fly to Dubai using a fake Costa Rican passport, quantified 5 others connected to terraform are wanted because of allegations of fraud and financial crimes in relation to the $40 billion implosion of its digital currencies in May 2022. The crash devastated retail investors around the world, South Korea's justice ministry says Quan is believed to be one of the most wanted fugitives. I'm Donna water
AP News Radio
South Korea says North Korea test-fired multiple cruise missiles
"South Korea says North Korea has tests launched multiple cruise missiles toward the north's eastern waters. The launches are the north's fourth weapons tests, since the U.S. and South Korean militaries began large scale military drills last week, North Korea used the drills as a preparation to attack it, although the drills are to end on Thursday, the north expected to continue its testing activities as the U.S. reportedly plans to send an aircraft carrier in coming days for another round of joint drills with the south. UN Security Council resolutions banned North Korea from launching ballistic missiles, but don't prohibit its cruise missile tests, though experts say they also pose
AP News Radio
North Korea launches missile into sea amid US-SKorea drills
"North Korea fires a missile during military drills. The north has launched a short range ballistic missile toward the sea as it ramps up testing activities in response to ongoing U.S. South Korean military drills, South Korea's joint chiefs of staff say the missile launched Sunday morning from the north's northwestern region flew across the country before it landed in the waters off its east coast, the firing was the north's third round of weapons tests since the military began the joint drills last week, the north views such drills as an invasion rehearsal, the chief nuclear envoys from North Korea, Japan and the U.S. have condemned the launch as a provocation that
WTOP
"south korean" Discussed on WTOP
"Unit will be torn down soon. Sheriff Jim Dewey says that the move and the improvements that are building will save you money as the taxpayer Top stories were following on WTO. Where is Roy McGrath, a warrant, has been issued for the one time aid to former governor Larry Hogan, a Graf failed to show at his corruption trial today in Baltimore. South Korea says North Korea has fired a ballistic missile a day after firing two cruise missiles from a submarine. The action is in response to the United States, South Korean military exercises in the region right now. Keep it here for full details on these stories in the minutes ahead. Ten 48 traffic and weather on the 8s and when it breaks, going back to bob imler and the traffic center. On the beltway traffic is running well, but in Virginia on the outer loop of the beltway, despite the fact that traffic is running while there's a works on set up, after the American legion bridge toward the dulles toll road two right lanes get by, but be alert for the workers and for the barrels in the roadway. 66 westbound and the Roswell tunnel, single right lean is getting past the work sounds. And they are working on eastbound 66 and centerville near route 28 single left lane is getting by there. In woodbridge 95 south at one 23, you get by in two lanes to the left past the works on three 95 is in good shape between the beltway and the 14th street bridge and in Maryland on the Baltimore Washington Parkway northbound in one 95, single right lane gets by the work zone southbound on 95 at one 95 to left lanes get by. That works on without delight two 70, that runs well both ways. Replace your afternoon coffee with a 5 hour energy. It's perfect when you're feeling coffee out and your stomach will thank you, discover 5 hour energy, learn more at 5 hour energy dot com, bob and WTO traffic, storm team fours Amelia Draper. A cold night across the region with lows tonight in the low to mid 30s, and winds increasing, especially as we head toward daybreak Sunrise tomorrow at about 7 20 in the sunset at about 7 15.
AP News Radio
N. Korea test fires cruise missiles amid U.S.-South Korea war games
"On the Korean Peninsula. I Norman hall, South Korea says North Korea has test launched a ballistic missile toward its eastern waters, the country's joint chiefs of staff said the launch was made Tuesday morning, but did not offer further details such as how far the muscle flu, a day earlier North Korea said it at test fire two cruise missiles from a submarine, the launches came after the U.S. and South Korean military began their largest combined field exercises in years on Monday. On Norman hall
AP News Radio
Kim's sister warns N. Korea ready to act against US, South
"The influential sister of North Korea's leader warns that her country is ready to take quick overwhelming action against the U.S. and South Korea. The warning comes a day after the U.S. flew a nuclear capable B-52 bomber in a demonstration of strength against the north, the U.S. South Korean training on Monday involving the bomber over the Korean Peninsula was the latest in a series of drills between the allies in recent months. Kim yo Jong didn't describe any planned actions in her statement, but North Korea has often test launched missiles in response to U.S. South Korean military drills, because it views them as an invasion rehearsal.
AP News Radio
South Korean plan aims to heal Japan forced labor feud
"South Korea says it's halted a World Trade Organization dispute settlement with Japan, which holds restrictions on exports of key industrial materials. Senior official at South Korea's trade ministry can gam Shan says the two governments have agreed to start bilateral talks to return the bilateral trade to the state before July 2019 when the export restrictions were imposed South Korea's government has decided to suspend the WTO dispute resolution process during that consultation. Ties between Seoul and Tokyo have long been complicated by grievances related to Japan's brutal rule of the Korean Peninsula from 1910 to 1945 when hundreds of thousands of Koreans were mobilized as forced laborers for Japanese companies. I'm Charles De Ledesma
AP News Radio
North Korea holds rare meeting on farming amid food shortage
"North Korea state media says a political conference dedicated to agriculture is taking place as outside assessments suggest the country's facing a serious shortfall of food. During a high level meeting of the ruling Workers Party that began on Sunday, party officials have reviewed state goals to accomplish a rural revolution in the new era state media saying the ruling party's central committee will identify immediate important tasks on agriculture issues and urgent tasks arising at the present stage of the national economic development, South Korean experts estimate that the north is short of around 1 million tons of grain, nearly 20% of its annual demand after the pandemic likely disrupted unofficial grain imports from China and the government restricted food sales at markets. I'm Charles De Ledesma
AP News Radio
North Korea fires 2 missiles in tests condemned by neighbors
"North Korea's fired two short-range ballistic missiles in its second weapons test in three days. The latest firings have drawn quick condemnation from North Korea's rivals and prompted Tokyo to request an emergency meeting of the UN Security Council, South Korea says the two missiles were launched from a western coastal town and Japan says the missiles fell into the waters between the Korean Peninsula and Japan, North Korea has said it fired artillery with a weapon some experts consider a short-range ballistic missile, the north also fired an intercontinental ballistic missile on Saturday, and has threatened an unprecedented response to U.S. South Korean military drills. I'm Charles De
Protos
Explained SEC allegations against Do Kwon and Terraform Labs
"3 p.m. Friday February 17th, 2023. Explain the CC allegations against duclon and terraform labs. The SEC claims that duquan and terraform labs lied about a South Korean application called shy using Tara to process payments. The post explained to CC allegations against duclon and terraform labs appeared first on protos.
AP News Radio
South Korean defense minister denies Vietnam War massacres
"South Korea's defense minister has denied Vietnam War massacres. Defense minister Lee Jong sup insists the country's soldiers didn't commit any massacres during the Vietnam War and has indicated the government will appeal a ruling that ordered compensation for a Vietnamese woman who lost several relatives to a shooting rampage blamed on South Korean marines in 1968, while some activists claim South Korean troops who are responsible for the massacres of possibly thousands of civilians during the period, those atrocities haven't meaningfully impacted relations with Vietnam whose
Finance Magnates
South Korea Revises DecadesOld Forex Transaction Rules
"8 p.m. Friday February 10th, 2023. South Korea revises decades old Forex transaction roles. LTP GT South Korea's financial authorities have settled to revise the country's foreign exchange. Transactions act that was introduced in 1999 following public outcry against. The limits of the policy, Korea times reports on Friday LTP GTL TPT as part of the revision, the outlet reports of the finance magnates dot com dick south Cary quad target qua bank quant rel quat follow quad South Korean government act has sanctioned 9. Securities firms licenses to engage in the business of currency exchange serving. Both corporate and individual customers. Initially, only four broker sapo's houses. We're permitted, and they were limited to serving corporate investors only dot LTP GTL TPG Korean times further reports that the move will help reduce the commission. Charged for money exchange as banks and securities brokerages compete for. Clients. LTP TLT PGT South Korea revises policy under four X transactions with the adjustment of the long-standing Forex rules also affects other areas. For instance, while South Koreans currently have to remit less than 50,000 a year in order to avoid submitting documentary evidence of the fund, starting. From June, they will be able to do the same for up to 100,000 a year. LTP GTL TGT furthermore, the revision also means that businesses in the country are. No longer limited to 30 million in terms of the amount of foreign currency. They can borrow without having to report it to the country's finance ministry. The amount has now been reviewed upwardly to 50 million. The change came in response to South Korean business owners desire to expand their global. Presence LTP GTL TPG T moreover, South Korean business organizations under the revised version. Of the policy are no longer required to file regular reports to the countries. Financial authorities about their overseas branches or stake of over ten and a foreign company they can now only feed the report once in a year. LTP GTL TPG South Korea embraces offshore firms in FX markets, meanwhile, finance magnates recently reported that South Korea is finance magnates dot com institutional for South Korea to aloe sure firms to participate times market score target cooperating quite real quick follow-up seeking to a travel tag the participation of. Offshore firms in its local Forex markets in order to meet up with global. Standards. The country also plans to attack rough clubs of finance magnates dot comfort South Korean watch Doug to investigate activity in local banks quote, target crop blank quad recoil follow quadro extend the running of its Forex markets will tag to 17. Hours a day in order to allow activities continue up to London apos business hours. LTP TLT PGT currently, only 54 certified local financial institutions, including banks and securities firms, are approved to participate in South Korea's. Interbank Forex market. However, the government intends to change this by. Permitting registered offshore firms with the exception of principal trading. Firms and hedge funds to engage in the country spot and Forex swap. Exchanges. LTP GT this article was written by Solomon Oladipo at WWW dot finance magnates dot com.
AP News Radio
Samsung's profit plummets amid global economic woes
"Tech giant Samsung says its profits plummeted last quarter amid weak global demand. The corporation says profits in the last quarter plummeted nearly 70% as a weak global economy to press demands for its consumer electronics products and computer memory chips. The drop represented its lowest quarterly profit since the third quarter of 2014 revenue falling 8% to just over $57 billion. The South Korean tech chant had thrived through the first two years of the pandemic, but it's found it harder to weather the economic shock unleashed by Russia's war on Ukraine, which is disrupted industrial supply chains. I'm Charles De Ledesma.
CipherTrace
Crypto Coffee 131
"12 a.m. Saturday, January 28th, 2023. Crypto coffee one 31. Breaking news South Korean news agency Yonhap announced that the offices of betham were rated on Thursday, January 26th, 2023, as part of an investigation into the price manipulation of an unidentified coin listed on the South Korean crypto exchange. Betham chairman Khan Jong Un and two other executives, including his younger sister, Kang Jian, the CEO, the post crypto coffee one 31, appeared first on cipher trace.
CryptoCompare
Market Analysis Report 26 Jan 2023
"10 a.m. Thursday January 26th, 2023. Market analysis report January 26th, 2023. Tesla's Bitcoin holdings remain unchanged Celsius weighs issuing bankruptcy token South Korean prosecutors request arrest of owners
AP News Radio
South Korean police seek manslaughter charges over deadly Halloween crush
"South Korean police are seeking manslaughter charges over a sole nightlife district crash. Head of the national police agency's team for the Italian district says he has booked 23 people responsible for the accident, including officials from the police, district office, fire department and the sole transportation corporation on a charge of professional negligence, resulting in death among them 6 were arrested for lack of safety measures, please say, who responsible for a crowd surge that killed nearly 160 people, Johann says his team would now send the case to prosecutors. Those recommended for indictment include parque young
AP News Radio
Japan, South Korea protest China visa stoppage in COVID spat
"Japan and South Korea have defended their decisions to place restrictions on travelers from China after China responded with a new Visa ban for both countries. South Korea's foreign minister said China's move to stop issuing short term visas to South Koreans, was significantly regrettable. Japan's cabinet secretary has said China's decision to also restrict visas to Japanese nationals was because of a reason that is not related to COVID-19 measures, South Korea has stopped issuing most short term visas at its consulates in China and requires travelers from Chinese territory to test before arrival, South Korean officials have confirmed that since January the second, about 17% of travelers from China have tested positive, I'm Karen Chammas
AP News Radio
China halts visas for Japan, South Korea in COVID-19 spat
"Tokyo and Seoul are protesting China's Visa stoppage amid an international COVID spat. Japan and South Korea have defended public health restrictions on travelers from China a day after Beijing stopped issuing new visas in apparent retaliation. Chinese embassies stopped issuing the new visas for the two countries on Tuesday. It wasn't clear whether Beijing would expand the suspensions to other countries that have imposed stricter virus testing on national passengers following its COVID-19 surge, according to South Korean officials, about 17% of the 2550 short term travelers from China from January 2 to Tuesday have tested positive. I'm Charles De Ledesma
Bloomberg Radio New York
"south korean" Discussed on Bloomberg Radio New York
"Millions of homeowners evergrande did not respond immediately for a request for comment on missing its self imposed deadline. Time for an update on global news where it's 6 minutes past the ara and we begin in China where president Xi Jinping is warning of a tough fight against COVID and interestingly he's now acknowledging some internal divisions within China. At Baxter with more from the Bloomberg newsroom in San Francisco Eddie. Yeah, exactly right, Doug, president Xi alluded publicly for the first time about the spontaneous protests that came from most COVID zero policies, but first, well, he claimed victory. With extraordinary efforts, China has prevailed over unprecedented difficulties and challenges, and it has not been an easy journey for anyone. We have now entered a new phase of COVID response where tough challenges remain. He said tough challenges remain in China's fight and he says that the nation's strategy now has been optimized to protect people's lives and minimize economic costs. She says a country has put people first and put life first all along and now has prevailed. South Korean president Yun suk Yoel says his government wants the U.S. to take on a greater role in managing nuclear weapons on the Peninsula. Bloomberg says Eun is always been hard line. Ultimately, the president saying, that's John. This is shock. He has always been having that stern approach against North Korea. And he has went further to ask the U.S. to have a bigger role in managing the nuclear assets on the Korean Peninsula. Yeah, president Joe Biden returning to The White House today told reporters he is not discussing joint nuclear exercises with South Korea at this time. Japan says over the weekend it's scrambled jet fighters and dispatch aircraft and warships to keep tabs on China's fleet of a carrier and 5 warm sheep worships that conduct a naval maneuvers and flight operations in the Pacific and also reports that the test flights by the detective flights by Chinese WZ 7s flying in the area twice, it says those are drones that says the first time it has spotted high altitude drone in the area. Hundreds of thousands of Northern California businesses and homeowners rushing to clean up the message and the damage from weekend atmospheric river storm, sylvan, mishim of bracket, who is the owner of retire restaurant in San Francisco, says people in the neighborhood were forced to swim out of the restaurant because the water came in so very quickly. And at a certain point it was clear that there was nothing to do, so we decided to evacuate. So I had people line up and then jump into chest deep water to wait out to get to the street. Yeah, there another on the way in the middle of the week. And Kathy hochul took the oath of office for a full term over the weekend, the first woman to be elected governor of the state of New York. This day belongs to little girls. And to young women, who will grow up knowing that from this day forward, there are no barriers they can't overcome. Hochul says there are fights remaining for women all the way from the Supreme Court down, and Katie Hobbs has taken the gubernatorial oath of office in Arizona, the first Democrat to hold the office since 2009. In San Francisco, Ahmed Baxter, this is Bloomberg, Doug. All right, Eddie, thank you. Let's get to our guest and Barry is with us and his founder also managing partner at thread needle, joining us from here in New York and it's always a pleasure. Happy new year. Thanks for being with us. I think we can agree that one of the key themes last year was soaring inflation and aggressive tightening of financial conditions. I'm wondering from your point of view, does the narrative change, I know we have to begin talking about recession, but are we in it at kind of an abrupt turning point or are we going to see pretty much a continuation of let's say the last quarter? Continuation of the last quarter Doug feels like it's the most likely to be on the cards, which is the fed continuing to raise rates because inflation just isn't down where we want it to be quite yet. And so until we see the data coming in through January and February, that is when I think we'll have more clarity on whether we're turning the corner here on inflation data and the fed's response to it. And in your view, how do base effects play into all this? Richard, when you say the basic facts, you mean I'm talking about last year's numbers, of course, when inflation started off in a meaningful way compared to what it is in relationship to this year. Yeah, well, I think the fact that we're starting at a point that has got prices much higher that we were means that we would hope to see the rate of inflation come down. But I think we should have the problem that we have at the moment is so much has happened over the last 6 months that was in anticipated. And which the reactions are not yet clear as to what they're going to be. So whether it's the rate at which interest rates came up, what the real impact is that on the consumer, we still don't know yet. So if our consumer default rates, for example, haven't cracked levels that would be onerous, but we still don't know. We know that savings have been depleted, but you look at inflation, we know that some elements of the U.S. economy are still really suffering from outsized increases specifically in industries that are very laboral wage intensive. So while we've seen a slowdown as some of the core issues over the last month or two, we still don't really know yet how they're going to percolate through the U.S. economy and whether it's going to be Q one or Q two or Q three before we see some stabilization. One of the stories that we've been tracking quite closely is the COVID story in China. And the disruption not only to the population there, but also the second order impact, which is supply chain problem. And the third order, I guess, effect that you could make a case for is reorganization of global supply chains and reassuring of many industries in the manufacturing economy. Is that going to be a theme that becomes more aggressive, let's say, in 2023. The theme of chaos, Doug, I think, is going to stick with us for a little bit before longer term effects. And the reason I say that is if you look at what the global response has been to China reopening. On the one hand, it's been sort of euphoria that finally there could be an unleashing of recovery and demand in China and perhaps supply chain issues being resolved. On the other hand, you're seeing whether it's the U.S. or whether it's Australia or whether it's Europe slapping testing back on Chinese tourists and Chinese travelers coming into these nations which suggests that the west has not yet convinced that the possibility of new variants emerging is under control. So I think that's why it's going to be a bumpy ride for the moment. I do think Doug you've hit on something much longer term, which is this idea of reassuring or
Bloomberg Radio New York
"south korean" Discussed on Bloomberg Radio New York
"Has learned that FTX new CEO John ray and bankruptcy lawyers met with Manhattan federal prosecutors, though details of the meeting weren't immediately available. It does suggest potential overlap between the criminal and bankruptcy probe on FTX under former CEO Sam bankman fried. Ray's team is sifting through the wreckage of the company to salvage assets to potentially repay creditors. The U.S. House has passed legislation that would provide federal protection for same sex marriages, sending the measure to president Joe Biden to sign into law. Passage of the bill is a victory for Democrats who had concerns that the Supreme Court could reverse the rights after it overturned roe versus wade. And South Korean lawmakers have approved a measure that would revise the way the country counts a person's age. The move means all South Korean citizens would become one or two years younger from next June. Under the current Korean age system, newborns are counted as a year old. The system has caused confusion at home and abroad, especially in legal matters. North Korea already adopted the global standard in the 1980s. Global news, 24 hours a day on air and on Bloomberg quicktake. Powered by more than 2700 journalists and analysts in more than 120 countries. I'm Simone foxman. This is Bloomberg. Man, it's good morning. Bones, thank you very much very good morning to you. I'm a buyer of anything that takes a couple of years off me legally or illegally. Still to come Jamaica's tourism minister joins us live from montego bay. We're going to talk about how his country balances tourism with its sustainability goals. But at first, the outlook for 2023 with capital links Brian mcgonagall, who thinks the fed is not only wrong, but also careless at this point. This is Bloomberg. The only way to start the morning is with optimism. The jobs recovery was sluggish. A lot of people agree on that. Bloomberg surveillance with Tom Keene, Jonathan farrow and Lisa Abramovich. Finally, we got some Abramovich gloom to get in there. The ultimate south signal might be when Lisa capitulates. Bloomberg surveillance. Must watch. Lisa, your data point, go. Tom, you're great. Never change. Weekday mornings at 7 eastern on Bloomberg radio and Bloomberg television. There are a lot of ways to look at the world right now. Interesting that you've got an overweight on Hong Kong. And the more of them you can access, the better. What has to be his strategy? Perspective. Who's doing school best? Clarity. How do we get it so that the benefits get to everybody? Expertise. He seems to have exactly the right combination. It's character plus policy. Bloomberg radio, the Bloomberg business app and Bloomberg radio dot com. Bloomberg, the world is listening. Economics. All this doom gloom was out there finding it. Do you see this as a technical correction investment? What are you looking at to give you some sort of compass through this period? The Bloomberg surveillance podcast. Lots and lots of talk about what the fed should and shouldn't do. Jonathan farrow, Lisa Abraham always
Bloomberg Radio New York
"south korean" Discussed on Bloomberg Radio New York
"And deals, and don't push shopping off to the last minute When you're listening the oldest member of the KPop band BTS will begin mandatory military service in South Korea next week as South Korean newspaper says a global pop star gin will report to service on December 13th, Jin turns 30 on December 4th in the report says he'll be deployed to a unit after receiving 5 weeks of boot camp training, both BTS and the South Korean Ministry of Defense have declined to confirm the report. I'm Michael kassner. And I did these Pellegrini in the Bloomberg newsroom. Hire for stocks out of the gate in Europe amid some dollar awakening London split sea about two tenths of a percent. In Germany, the Dax more than 8 tenths of a percent in Paris the cac up about 7 tenths of a percent. Mostly higher clothes for stocks in Asia. The nikkei up almost 1%. Hong Kong's hang seng up almost 8 tenths of a percent developers in China surging on prospects from our government backed support for the sector, but COVID concerns weighed on sentiment. China's CSI 300 index following more than four tenths of a percent. COVID cases in China, skyrocketing to a new record high. We get more and what's happening from Bloomberg's head Baxter. The numbers have been steadily going up for some time now and did slow down for a day over the weekend, but then headed back up, and they're now approaching 30,000 daily cases with a day to today at 29,754. Now there had been hence that China was trying to gradually move away from COVID zero, but since that shift began cases have begun going up again. So there are concerns that the screws may start to tighten down again. They already have in what is known as iPhone city where 8 districts in the main urban areas will have mobility controls. In San Francisco, I'm at Baxter Bloomberg radio. All right, thank you, Ed. And higher close for U.S. stocks yesterday as investors celebrated the fed minutes and signs the fed might slow the pace of rate hikes, retail and focus, Black Friday, cyber Monday just around the corner, as Shopify president Harley finkelstein says the holiday shopping has already begun. So it's no longer just a weekend
WTOP
"south korean" Discussed on WTOP
"Has already prepared more than 2 million meals and has more than a million gallons of water on hand to help impacted areas after the storm. CBS News special report, I'm Deborah Rodriguez. We'll continue to bring you breaking developments on hurricane I and as soon as we get them, of course, it's 9 33 now. A short term spending measure that would avert a government shutdown has taken a big step forward in the Senate. WTO's Mitchell Miller has more from Capitol Hill. The Senate voting to proceed on a continuing resolution, but only after West Virginia senator Joe Manchin agreed to pull his energy bill from the broader legislation. Senate majority leader Chuck Schumer blamed Republican opposition, though some Democrats also opposed Manchin's measure. Family should not be subject to a Republican manufactured government shutdown. In another development, the January 6th committee canceled today's scheduled public hearing due to hurricane Ian. And the Senate rules committee advanced a bill to reform congressional certification of the presidential election. Senate minority leader Mitch McConnell supports it, noting the current act dates back to 1887. The chaos that came to a head on January 6th of last year certainly underscored the need for an update. On Capitol Hill, Mitchell Miller WTO news. The U.S. embassy in Russia is warning Americans to leave as soon as possible. They're concerned because dual nationals could be forced into joining the Russian military in Ukraine. A statement from the embassy says Russia may refuse to acknowledge dual nationals, U.S. citizenship, which means they could be prevented from leaving, and even forced into military service. The statement notes there are few commercial flights available, but there are still options by land. Today, Moscow said, it wouldn't be issuing visas to its own citizens, who had been mobilized. At CBS correspondent cami McCormack. South Korea says North Korea has fired a ballistic missile toward its eastern waters. It's the second missile launched by North Korea this week, and it comes as U.S. and South Korean navy ships are conducting drills off the Korean Peninsula's east coast. The latest provocation comes a day before the arrival of vice president Kamala Harris, who will visit the demure of the tri zone, separating the rival Koreas. In fairfax county, and independent report is out on a situation involving a former fairfax public school counselor, who managed to stay on the job for 20 months after a sex crime arrest and conviction. Among the takeaways, the report finds there are systemic challenges, including the way arrest and conviction information about staff is shared in comments to Glasgow, middle school community where the former counselor worked, the superintendent Michelle Reed said that she hopes to convince state lawmakers to join an FBI program known as the rat back service, which provides notification of updates to someone's criminal history after an initial background check is done. Two men from Maryland are facing charges of trafficking thousands of fentanyl pills into Connecticut. According to court documents 30, four year old Oscar Flores of Mount Rainier and 25 year old several alar of hyattsville tried to sell nearly 15,000 fentanyl pills to an undercover DEA agent earlier this month. While following that undercover officer to pick up cash, the two suspects attempted to run from a local police officer who wanted to cite them for a traffic violation. Officers later stopped the SUV and searched
Bloomberg Radio New York
"south korean" Discussed on Bloomberg Radio New York
"On Tuesday, his focus, wooing suppliers for a new chip plant being built in his state for Taiwan semi, now duce's office said he will next travel to Seoul later this week for a meeting with South Korean president Yun soko as well as South Korean business leaders. Mikhail Gorbachev has died as the leader of the former Soviet Union, Gorbachev shook up his country's political and economic system, it led to the collapse of the communist superpower and the end of the Cold War, the state run news agency taz cited Moscow central clinical hospital saying his death followed a severe and prolonged illness, Mikhail Gorbachev was 91. Pope Francis has explicitly blamed Russia for the war in Ukraine. Since the evasion in February, Frances has upheld Vatican policy of not picking sides. It's a way of better preserving chances fob the church playing a constructive role in potential peace talks. Last week, Francis referred to the Russian ultranationalist Daria dugin as an innocent victim after she was killed by a car bomb, the 25 year old had been an outspoken critic of Ukraine and favored the invasion, while The New York Times is reporting that Ukraine's foreign minister summoned the Vatican ambassador to Ukraine to express profound disappointment with France's words. On Tuesday, Francis condemned the aphasia as being unacceptable, and Google has blocked Donald Trump's truth social app from going live on its Play Store for violations of standard policies, these issues include threats, violence, and content moderation. Global news 24 hours a day on air and on Bloomberg quicktake. I'm Krishna in New York, Brian. Douglas, thank you 38 minutes past the hour's time for sports. Let's get to Dan Schwartzman sit down another major upset at the U.S. open tennis. Yeah, it is just ended 11 seated Emma radu kando falls in straight sets to Liza corneille I wouldn't call a major upset corneille played some great tennis recently in the last couple years, she's one of those late bloomers in the sport route of Khanna, of course, still very young. Meanwhile, Noam, Naomi Osaka is
AP News
"south korean" Discussed on AP News
"One challenger emerged as the principal challenger. And that is attorney Harriet hagerman. Virginia Torres, for one, is voting for hagerman. She isn't one that is taking things personally in less mature way. There is growing belief by Cheney's team she may be in a stronger position for the 2024 race for president. I'm Ed Donahue. I'm Tim McGuire EP news. South Korea is to lift a ban of North Korea TV and newspapers despite tensions. South Korea says it's going to lift its decades long ban on public access to North Korean media as part of its efforts to promote mutual understanding between the rivals in a policy report, the south's unification ministry says the move will gradually open the door for North Korean broadcasts, and will encourage North Korea to take similar steps, experts say North Korea's unlikely to reciprocate, because the flow of South Korean cultural and media content could pose a threat to its authoritarian leadership. I'm Charles De Ledesma. Truck drivers and Britons heading off on holiday by ferry face hours long waits at the port of Dover, with authorities blaming French officials for the chaos, a claim France denies. A news network helicopter shows images of long cues of tourist and freight traffic on main roads towards the port of Dover, with emergency vehicles parked
Woman's Hour
"south korean" Discussed on Woman's Hour
"The climate change challenge is a huge challenge in engineering space to build the assets that we need. So it's a massive target. And when you look at what's required of the renewable sources like wind and solar, together with new nuclear power stations, it's an immense challenge. Low carbon nuclear stations, most of those retired by the end of this decade. So we really do need to get on with building our new nuclear power stations as well as large investments in wind and solar if we're to do what's required. New nuclear power stations. Do you agree with that Caroline Lucas? You won't be surprised to know that I don't agree with that. I think that nuclear is hugely expensive. We know that by cost of megawatt hour it's around a 120 patents compared to wind being available for under 50 pounds per megawatt hour. So it is massively expensive and it is massively slow. It would take at least ten, 15 years before a new nuclear power station would come on stream, but contrast that with what we already know about the 649 individual onshore wind and solar projects that have already been given planning permission, but they're not yet built, partly because the government has actually set its face against onshore wind. If we were to build those, it would take us far less time it would take us two or three years and in that time we could actually absolutely create more energy than the energy that we are currently dependent upon from Russia. So energy efficiency renewable energy is the way forward. So you're an engineer. Does that make sense? Will we have enough of what we need? And also at the prices that people can afford. Well, no. Obviously realize that I wouldn't necessarily agree with everything Caroline said that nuclear given the sensible financing is competitive with other low carbon technologies. In fact, the current operating nuclear fleet generates around 45 pounds per megawatt hour. And sure, the news stations that were commissioned some time ago were expensive that there's been massive steps forward taken in reducing the cost of nuclear energy, particularly by, for example, Rolls Royce with their modular, small modular reactor, modularizing, not just the reactor itself, but the whole of the power station, because the reactor part is not actually the expensive part, the expensive part is the massive construction that goes around the older designs. But Rolls Royce has succeeded in modernizing these aspects as well. So the cost is going to be more like 50 pounds per megawatt hour or less if we go ahead and build a fleet where you get the economies of scale and the factory production. So from your point of view, we have to go ahead with that because what we can not make that enough energy from what Caroline is talking about in the time that we have it. That's true and also Caroline rightly was pushing for the new wind investment in the new sale of investment, which is right. But if you look at all the wind energy that we have constructed so far, all of it over the last two, three decades, we've only got 25 gigawatts capacity built. And it looks like we need about a 120 if we're to stay on the journey to net zero. So the engineering challenge of building particularly the more difficult offshore farms is going to be immense. Don't forget we have to replace all of what we've already built in that window. So it's not like we're just adding. We've got to replace what we've already got there because they don't last that long..
WABE 90.1 FM
"south korean" Discussed on WABE 90.1 FM
"Between China the host and South Korea Now on the surface this dispute was about sports and culture But as NPR's Anthony Kuhn reports from Seoul this reveals deeper concerns about China's rise and its relations with neighbors Amid the pageantry of the opening ceremony many Korean viewers immediately spotted performers wearing the colorful traditional Korean clothing known as the hanbok Some South Koreans complained that China was trying to claim Korea's national dress as its own Days later a small group of demonstrators gathered outside China's embassy in Seoul chanting we reject the Beijing Olympics Other South Koreans understand that the hanbok is also worn by members of the Korean Diaspora living in China known in Korean as choson jock and in Chinese as chaos Kim sook jar is a chosun jock entrepreneur who runs Chinese restaurants and soul She says chose saint Jacques don't think they're clothing should be a big deal Wearing ethnic costumes is nothing new Not just in this Olympics but for decades all of China's 56 ethnic minorities have been allowed to wear their traditional costumes at major national events Some observers regret that what could be a source of shared pride has instead become a source of controversy Sole national university professor saw Zhong Kong notes that hanboks did not raise hackles when they appeared in a 2008 Beijing summer games The reason it became an issue this time is that the public perception of China among South Koreans is that as China becomes much more powerful it is trying to absorb our culture and claim it as its own South Koreans also objected to some calls by referees at Olympic skating matches in Beijing South Korean politicians are using the disputes to Garner votes ahead of presidential elections next month Mutual distrust has been growing between the two neighbors especially since 2016 When South Korea decided to install the U.S. made anti missile batteries of defend against North Korean attacks and China responded with undeclared economic sanctions Views of China hit a historic low last summer when a poll found that South Koreans like China even less than Japan under whose colonial rule Korea suffered from 1910 to 1945 Tonga women's university China expert edon real notes that younger South Koreans take an even dimmer view of China than their elders Current sentiments reflect a generational difference in perception he says South Koreans above the age of 40 have benefited from China's rise They found jobs and did business in China A couple of decades ago South Korea had most of the capital in technology They just needed China's labor to assemble their products Today Chinese and South Korean firms are competitors and making money in China is tougher for young South Koreans South Koreans have also chafed at Chinese movies like this 2021 flick about the Korean War Saw Jong Kong notes that in Chinese the Korean War is called.
KGO 810
"south korean" Discussed on KGO 810
"Osbourne Remember when Ozzy Osbourne stuck a bat in his mouth on stage and bit its head off in 1982 Well he's now launching 9000 NFTs and you guessed it they're each images of bats While NFTs are being released by recording artists on a worldwide basis BTS the hugely popular South Korean boy band one of the music industries most profitable recording artists Let's go I feel like the right thing baby tens of millions of fans worldwide They buy face masks and figurines even McDonald's has a campaign involving chicken nuggets in the band They generate $200 million a year in merchandise and licensing sales and they have announced plans to launch NFTs This just illustrates for you how many people are getting in on the game In fact total crypto trading volume last year for digital assets including NFTs $14 trillion last year That's a 7 100% increase over 2020 The trading volume for Bitcoin and Ethereum futures they alone was $32 trillion a 300% increase over a year ago You're seeing some really notable people saying that they're now personally investing and owning digital assets Apple CEO Tim Cook In fact the new defense Bill $770 billion is what we're spending on defense this fiscal year that Bill now directs the Secretary of Defense to incorporate blockchain into its methods and requires the Defense Department to hire a chief digital recruiting officer It's not just the Defense Department that's doing this the transportation department is as well They're using crypto tokens to make it easier to park Remember we talked about non fungible tokens Well there's that word token Well what's a token Well a token is simply a digital representation of a physical thing You know you've heard of subway tokens right You need a token to ride the subway You've heard of oh a rose being a token of my affection So a token represents something else And we all know how difficult it can be to park especially in urban areas well now the transportation department is going to use digital tokens to make it easier The Defense Department's press release said quote blockchain technology could let travelers spend tokens to reserve a parking space or receive tokens if they use a different mode of transport and yet some people still say this tech is nothing but a fad If the Defense Department is getting involved in this the transportation department if luminaries like the CEO of Apple are saying their personally buying this I'm not so sure we can continue to call this a fad What it represents is an opportunity to engage you can buy you can sell you can own you can invest And this is an investment opportunity that frankly didn't exist a decade ago It was something that very few people paid any attention to as recently as two years ago and this is in my mind kind of like the Internet in 1995 It would have been pretty cool to invest in Google Apple Amazon Facebook back in the mid 90s that's where we are with blockchain and digital asset technology today It's that early And that means it's risky a lot of companies went broke when the dotcom bubble burst in 2000 That is going to be experienced again with a lot of companies that are new young upstarts going out of business but the technology here to stay and there will be a lot of companies engaging today that are also likely to be here to stay To ignore this I think is a big mistake Let me give you another illustration of how this is becoming mainstream Airbnb pulled its customers and said what is it you would like us to do what new service would you like us to introduce in 2022 What was the number one request I'll tell you next on the truth about your future Stay with us Want to invest in digital assets but find it all a bit complicated there's actually a very easy way that you can invest in this new asset class Simply choose the bitwise ten crypto index fund Simple BITW.
WTOP
"south korean" Discussed on WTOP
"Illness Defense officials say Russia has amassed enough troops at Ukraine's border to invade the entire country CBS's Christina rafini More American weapons landed in Kyiv this week where the U.S. has already greenlit the departure of non-essential staff and diplomats families Our message now for any Americans Ukraine is to strongly consider leaving In a passionate press conference yesterday president Vladimir zelensky said the increasingly dire warnings from the U.S. and others aren't helping You don't need this panic Adding that Ukraine is not the Titanic And the diplomats like captains should stick with the ship The South Korean and Japanese military confirm North Korea fired a possible ballistic missile that landed in the sea of Japan It's the 7th missile test this month which would be the busiest ever month of missile test for North Korea This is CBS News Looking for quality candidates this new year look no further than indeed Our new video interview tool takes the hassle out of virtual hiring visiting D dot com slash credit Thanks to O three at Saturday the 29th day of January 2022 19° outside down the teens but I feel like to see the difference A good Saturday evening on Dell Walters the top local stories were following for you with this hour some of you seeing snow earlier this morning but everyone is going to feel the bitter cold and expected to get even worse tonight and that could mean some icy roads NBC four Samara.
Bloomberg Radio New York
"south korean" Discussed on Bloomberg Radio New York
"This is South Korean president Moon Jae-in became the first foreign leader to visit Australia since the start of the pandemic The deal gives Australia access to more sophisticated supply vehicles and radar systems in the moon meeting with Australian prime minister Scott Morrison a signed what will become what they call a comprehensive strategic partnership Amazon's fatal warehouse collapse in Illinois is being investigated now by osha one of the centerpieces is the fact that several Amazon managers have reinstituted apparently no cell phone policy earlier than the court corporate policy was due to go into effect Now Bloomberg Spencer soper says that will be reviewed as well So Amazon's saying that the policy right now today is still that all employees and drivers can have access to their phones And we don't have anything indicating that that workers at this particular facility didn't have their have their phones Osha is investigating which is to be expected you know 6 people died in a workplace And it could be months before we hear anything back from them Yeah the full corporate band was due to go into effect in January but Amazon is now reviewing that The U.S. has documented 50 million COVID cases since the start of the pandemic California is now put its indoor mask mandate back on as a day after tomorrow for at least a month U.S. Supreme Court has left New York's healthcare vaccine mandate in force healthcare workers required to get vaccinated The air force meanwhile is discharged 27 people for refusing vaccination believed to be the first group of removals Hong Kong's financial regulator is formally issued rules on quarantine free travel to the mainland Those eligible to pre register the staff or directors of a license corporation and whose main purpose is to travel to guangzhong province to manage mainland business to exact per company each calendar month Meanwhile China's reported out its first home case UK prime minister Boris Johnson has not ruled out the possibility of putting on tougher restrictions The best thing we can do to protect ourselves are country and ensure that we have as normal a Christmas as possible is to get boosted now.
WSJ Tech News Briefing
"south korean" Discussed on WSJ Tech News Briefing
"Or soon. Why is there such an uptake there? Right, so definitely we've heard a lot from Silicon Valley companies like Facebook and Microsoft discuss the metaverse as this next phase of the Internet and that's certainly a business trend that's continuing to take shape in Asia as well. One thing I would emphasize is that Asia and also South Korea has always been a big market for online gaming and that already kind of checks off a lot of the boxes for what we would consider a metaverse and that includes the ability to take on a virtual identity and interact with others in the online realm. So many users in Asia are already sort of familiar with this online culture through the medium of these online games and I think that's one factor that might certainly expedite the adoption of new I don't know whatever renditions of the metaverse that we might see going forward and that might be also why development seems to be a little bit faster in Asia compared to the west and on that end. But in the big scheme of things, the metaverse is still a fairly new concept. Some experts are divided on whether an app like the pedo or rule blocks is actually a real functioning metaverse because it doesn't have the immersive elements of virtual reality or augmented reality at this point. But definitely Asia is on a faster trajectory investments. All right, that was our reporter Ji Yong song. Thanks for joining us. Thank you. And that's it for today's tech news briefing. If you want more tech stories, check out our website, WSJ dot com. And if you like our show, please rate and review it. You can do that wherever you get your podcasts. I'm Zoe Thomas for The Wall Street Journal. Thanks for listening. Adoption of teens from foster care is a topic not enough people know about and we're here to change that. I'm April Dinwiddie host of the new podcast, navigating adoption presented by adopt U.S. kids. Each episode brings you compelling real-life adoption stories told by the families that live them with commentary from experts. Visit adopt U.S. kids dot org slash podcast or subscribe to navigating adoption presented by adopt U.S. kids. Brought to you by the U.S. Department of Health and Human Services administration for children and families and the ad council..
Monocle 24: The Briefing
"south korean" Discussed on Monocle 24: The Briefing
"Jagmeet singh how do you restore trust. When you've got a prime minister that takes a knee one day and then takes indigenous kissed a court the next and last but definitely not least. Hi i'm monaco's louis harlot o'meara and i'll be here with my very final installment of the much loved outpost news. We will be sad to see it. Go all that right here on the briefing with me. Chris tarmac. How do you solve a problem like korea. It's been confirmed that pyongyang has launched another two ballistic missile tests into the seat near japan after testing a new long range cruise missile earlier. This week hours later. South korea tested its own submarine-launched ballistic missile. All of this came. Just as the chinese and south korean foreign ministers were meeting to discuss how to disentangle this ongoing diplomatic conundrum and bring north korea back to the negotiating table. Now for more on this. I am joined here in the studio by john. Everard who served as the case ambassador ambassador to north korea between two thousand six and two thousand eight. John is a regular contributor here on monocle. Twenty four thanks so much for joining us here in the studio john. Let's let's start with. I mean the timing of these tests always seems somewhat conspicuous but then this is just what kind of happens with north korea's it. Well that's right. I mean the south korean test We're pretty sure wasn't meant as a political signal. The south koreans announced some time ago that they were going to launch this at a time when they couldn't possibly have known what was going to be going on right now whether the north koreans have launch their missiles today specifically to make a political point pops in response of south korean taught tests perhaps in response to the meeting between wang either china's foreign minister and his korean counterpart we don't know pyongyang cost never announces these things The trouble with north korea is that there's always something going on and you can pick any date you like in the calendar large missile. Then and if you're into conspiracy theories you'll find something To give it a political resonance you always find something but then as we say. This one particularly just feels whether it's a coincidence or not the fact that both launched missiles at the same time i mean just what is the significance of that. Should we be worried in that sense of a new set of arms race between these two yes of course we should be worried. I i mean. I don't think the the south korean missile need warriors I broker pipe prepared to take south korean statements that this was defensive and that they want to be able to respond to a possible north korean attack at face value. Thus body exactly what they were trying to do too okay The north koreans on the other hand are getting more and more worrying two sets missile tests. Remember just two days ago. They tested a long range cruise. Missile and a few weeks before that they seemed to have restarted processing at the yongbyon reactor. So they're working with their nuclear warheads. Not just the delivery systems. This is people's find raucous into the sky is bad news. In general but in the case of north korea is particularly worrying because north korea is in such a horrible horrible mess North korea has looked down for nearly two years now because of curvy. Nineteen that terrified about an outbreak. They knew very well that if the disease started to spread within north korea that have no defense against at all. The death rate would be shocking. It's this as exacted a terrible economic toll because they've closed down trade Warnings from the united nations food and agriculture organisation of of food shortages. A hardened lean time later this year. says the united nations And while all this is going on clear and instability at the top of the regime. Kim's hormone keeps disappearing. Now the problem. Is that a country in that situation. You get into yamamoto syndrome. Which you're looking blank. I'll i'll explain a ninety forty one. Imperial japan knew it. It it was in desperate state had no oil coming in. The only way it was going to survive was by forcing the united states. Out of the pacific and immortal was tasked with organizing this and he told me this is absolute insanity. If you start a war with united states you are going to lose it. And they said no has to be done and he knew that the one way that japan might just might just get away with it will be to destroy sufficient united states military assets in one fell swoop. Fake united states would back down hence pearl harbor now as we know the war in the immortal words of ember here heater did not evolve in the best interest in japan and north korea. Now face the same problem. They cannot afford to do nothing. The country's going down the pan and if they just sit there eventually they'll be a collapse that i think even the top leadership in pyongyang recognized that on the other end they can't afford a long war the only way that they are going to say themselves would be by a lightning strike on the south. And that if you want to do that then having a longest cruise missile having better ballistic missiles is very useful. I mean that that is a very Worrying wait way to look at it. Obviously as sort of active of desperation on north korea's part. I guess then the question is is. Can anyone talk sense into north korea before something like that happens We mentioned at the top of this. The fact that these missiles were launched at a time where china and south korea's foreign ministers were meeting is just conspicuous as well in that sense that you know. China plays such an important role here as a as a sort of ally of north korea. How are they going to be responding to these missile tests. And can they turn this around talk sense to north korea. Remember for the north korean point of view. What their makes perfect sense. If you are doomed you have just one tiny chances of adding you grab it. And it means south korea okay. How the china's responding One thing that's fascinated me about this series of tests is that within hours of the cruise missile launch. The chinese media reporting it with coventry. But they reporting the fact of the moment now that must mean that the north koreans had told the chinese in advance that they were going to do this because otherwise chinese editors have to wait for biscuit instruction for things like this which tends to take about twenty four hours before they're now to report So this was precourt and of course a cruise. Missile doesn't actually breach united nations council resolutions but following this morning's launch. Nothing in the chinese media. They it looks like they too have been caught. Wrong-footed nothing interesting in the north korean media. Either the north koreans on selves having decided how they're going to present this a bit of background here twenty six august as you remember. Chris was a dreadful dan the well that was the day of the bomb at kabul airport which mesmerized the world because of the boom. Nobody paid attention to the launch of core document in beijing the mission and contributions of the chinese communist party lost very formerly by the propaganda department of the communist party it was china's manifesto future is grim reading tub thumping starfish. China has arrived. We are the big kid on the block. Don't mess with us Look quite put some such croutons but that was the thrust of it. A lot of aimed. Obviously at the united states while why also surprised but partly Was warning other states. That china was not going to be messed around now. If you've got an unstable small-state on your border is a bad habit of testing nuclear devices that kind of document that you must've read. And they know that china has put them on notice. So far we've tolerated. You're pouring behavior. You've embarrass china time after time. You just look stupid in front of the documentary. No longer from here on you behave. What happens to slater the loss ballistic missiles that poking in the eye. And i can't help thinking that may not be such a great idea. I mean that is quite incredible in itself that they would be poking china in the eye so maybe china cannot talk sense into them but but at the same time what do you think. China's reaction at this point might be what. What kind of ultimatum might they give to north korea to try and change the situation. They called i mean. China cannot control north korea. This is part of their problem. They carry all the responsibility. They have none of the managerial power. The all they can do All the could do in. The past was to cut off economic support for for north korea and as north korea is has isolated itself in the world in any case know.
KNST AM 790
"south korean" Discussed on KNST AM 790
"These were South Korean President Moon Jae in president Biden says the U. S. Will deploy a special envoy to North Korea to help refocus efforts on getting the North to abandon its nuclear program. The president welcome President Moon, only the second World leader to visit the White House in person since his inauguration reflection of how much we value the 70 Year Alliance for the Republic of Korea. And how essential we know the relationship is to the United States, the future the Indo Pacific region and, quite frankly to the world. President Moon hailed what he called America's return to the world stage and said both leaders pledged to work closely towards the denuclearization of the Korean Peninsula. Senator Shelley Moore Capitals office as the White House and Republicans are further apart in negotiations on infrastructure after the White House lower the cost of its plan from 2.3 Trillion to $1.7 trillion Secretary of State Antony Blinken has spoken by phone with Palestinian leader Mahmoud Abbas one day after Hamas and Israel agreed to a cease fire. The State Department says the two discussed ways to ensure that the cease fire holds and the State Department says blink and told the boss the U. S. Is committed to working with the Palestinian Authority and the U. N. To provide humanitarian aid to Gaza with an 80,000 people in the Gaza Strip are now homeless, according to authorities there. 240 Palestinians were killed. 15 today were pulled out of the rubble and that includes eight Hamas fighters who were pulled out of their own collapsed tunnels. Fox's Mike Tobin and tell Aviv a judge has agreed to one seal absentee ballots to allow for an audit of November election results for Fulton County, Georgia. The ruling stands were lawsuit against the county that claims evidence of fraudulent ballots and improper accounting. America is listening to Fox News. University of Maryland Global campus was established to bring a respected state university education, toe working adults at home and abroad. 70 years ago, we sent professors overseas to educate service members and their families on military installations and on the front lines today we're online because that's where working adults need us. That's where you need us..