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North Korea confirms ballistic missile launch

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North Korea's push to improve the lives of citizens
North Korea fired a suspected ballistic missile off its east coast on Wednesday, just hours before South Korean President Moon Jae-in attended a groundbreaking ceremony for a rail line he hopes will eventually connect the divided Korean peninsula.

North Korea fired another suspected ballistic missile off its east coast on Wednesday, just hours before a groundbreaking ceremony in the South for a rail line hoped to one day connect the two countries. (January 5).

The ceremony was attended South Korea’s President Moon Jae-in, acknowledging the launch here:

“North Korea test-fired an unidentified projectile this morning, and there are concerns that this could create tension and further deepen the stagnation in inter-Korean relations. But we should not give up the hope for dialogue in order to fundamentally overcome this situation.”

Reconnecting the North and South Korea by train was a central issue in past negotiations in 2018, but eventually failed.

Meanwhile, North Korea has tested a variety of new, short-range ballistic missiles.

The most recent one was launched from a submarine in October. The U.S. government has said the North is trying to design weapons that can evade ballistic missile defense systems in the region.

Leader Kim Jong Un vowed to bolster the military in his New Year speech to counter an unstable international situation amid stalled talks with South Korea and the United States.

Earlier this week, State Department spokesperson Ned Price reiterated the U.S. desire for dialog with North Korea, saying Washington had no hostile intent and was prepared to meet without preconditions.

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U.S.-India pharmaceutical trade partnership?

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The United States wants to diversify its supply chain and achieve affordable medicine resilience.

The Indian Pharmaceutical Alliance is urging a U.S.-India trade partnership to reduce reliance on foreign sources for both nations’ pharmaceutical supply chain.

The goal is to diversify both countries’ supply chain and achieve affordable medicine resilience.

Kathleen Jaeger, the President and CEO of The Center for American Medicine Resiliency joins Veronica Dudo to discuss. #IN AMERICA TODAY #trending #pharmaceutical #India #trade

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Boeing’s bad luck continues following Starliner malfunction

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Long-awaited first crewed test flight of the new Starliner space capsule was called off over a technical issue that launch teams could not resolve in time.

Originally scheduled for liftoff from Florida’s Kennedy Space Center, the mission aimed to demonstrate Starliner’s capabilities and certify it for regular crewed flights to the ISS, as reported by Reuters.

 

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Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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