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NK confirms ‘successful’ submarine-launched missile test

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North Korea has successfully tested a new submarine-launched ballistic missile

According to North Korean state media, the country successfully tested a ballistic missile via a submarine, confirming earlier reports made by South Korea.

North Korea’s KCNA news agency stated that the missile had “lots of advanced control guidance technologies”, and was fired from the same vessel that was used in a 2016 test.

The agency did not mention leader Kim Jong-un, suggesting he did not attend the test.

On Tuesday, South Korea’s military reported an apparent weapons test in waters off Japan’s coast.

North Korea has carried out a flurry of missile tests in recent weeks, including of what it said were hypersonic and long-range weapons.

Some of these tests violate strict international sanctions

North Korea is specifically prohibited by the United Nations from testing ballistic missiles as well as nuclear weapons.

The UN considers ballistic missiles to be more threatening than cruise missiles due to the fact that they can carry more powerful payloads, have a longer range and also fly faster.

On Tuesday, South Korea’s Joint Chiefs of Staff stated that one missile had been launched from the port of Sinpo, in the east of North Korea where Pyongyang usually bases its submarines. The missile landed in the East Sea, also known as the Sea of Japan.

South Korea suspected the missile to have been a submarine-launched ballistic missile.

South Korean media reported that this particular missile was believed to have travelled about 450km at a maximum height of 60km.

Japanese Prime Minister Fumio Kishida has since responded to the launch by NK, calling the latest actions as “very regrettable”.

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Money

Why is “Stagflation” so significant?

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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Will Tesla’s supercharger layoffs eventually payoff?

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Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

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News

TikTok’s fate in the United States

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TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

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