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“Getting tense” – North Korea is about to run out of food
North Korean leader Kim Jong Un has warned the nation could be about to run out of food.
According to state media, Kim Jong-Un said the country’s economy improved this year but called for measures to tackle the “tense” food situation caused by the coronavirus pandemic and last year’s typhoons.
Mr. Kim chaired a plenary meeting of the ruling Workers’ Party’s central committee this week to review progress on major policies and craft measures in the hope to resolve economic issues.
The committee set goals and tasks to achieve its new five-year economic plan outlined at its previous session in February, including increased food and metal production.
The supreme leader says the overall economy had improved in the first half of the year, with the total industrial output growing 25% from a year before.
Local media reported there was “a series of deviations” in the party’s efforts to implement the plans due to several obstacles, with Kim singling out tight food supplies.
“The people’s food situation is now getting tense as the agricultural sector failed to fulfil its grain production plan due to the damage by typhoon last year,”
Kim said.
The call for measures to boost agricultural production
Mr. Kim says the food situation in his country “is now getting tense.”
The party vowed to direct all efforts to the farming sector and discuss ways to tackle the COVID-19 pandemic.
According to KCNA, Kim Jon-Un stated the protracted pandemic crisis required the party to step up efforts to provide food, clothing and housing for the people.
No coronavirus cases have been officially confirmed in North Korea, although South Korean officials have questioned this claim.
North Korea has however imposed strict anti-virus measures including border closures and domestic travel restrictions.
COVAX, a global initiative for sharing COVID-19 vaccines with poor countries, has said it will provide nearly 2 million doses to North Korea but the shipment has been delayed amid protracted consultations.
News
Betoota’s fake $34.5 million Sportsbet deal sends media Into meltdown
The Betoota Advocate’s satirical $34.5 million Sportsbet offer sparks chaos, revealing media trust issues in the digital age.
The Betoota Advocate’s satirical $34.5 million Sportsbet offer sparks chaos, revealing media trust issues in the digital age.
Australia’s most infamous satire site, The Betoota Advocate, caused online chaos after posting a fake $34.5 million “acquisition offer” from Sportsbet. The joke was so convincing it fooled thousands, including major media outlets, and reignited debate about what’s real in today’s digital news cycle.
In this episode, we break down how the prank unfolded, why so many believed it, and what it reveals about trust in media. From viral posts to red-faced journalists, it’s a story that blurs the line between clever satire and misinformation.
So, is Betoota simply trolling the system, or holding up a mirror to it? Darren Woolley from TrinityP3 joins us to unpack what happens when satire hits too close to home.
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#BetootaAdvocate #Sportsbet #FakeNews #Satire #MediaTrust #ViralStory #TickerNews #Australia
News
UPS cargo plane crashes in Kentucky, as death toll rises
UPS cargo plane crash in Kentucky kills four, injures 11, governor warns death toll may rise
UPS cargo plane crash in Kentucky kills four, injures 11, governor warns death toll may rise
– A UPS cargo plane crashed in Louisville, resulting in at least four deaths and 11 injuries.
– Investigations are underway, and all departing flights from the airport have been cancelled.
Several people with serious injuries are receiving treatment at nearby hospitals.
The crash affected two businesses in proximity to the airport: Kentucky Petroleum Recycling and Grade A Auto Parts. Grade A Auto Parts confirmed most employees were accounted for, although uncertainty remains regarding customer safety.
Nearby, a Ford Motor assembly plant lost power but was not directly impacted by the crash.
Emergency services have worked to contain a fire resulting from the incident, which required a significant number of responders. UPS has not confirmed details regarding its crew’s condition. Photographs showed the MD-11 engulfed in flames at the Louisville Muhammad Ali International Airport.
UPS operates its primary air cargo facility in Louisville, processing millions of packages daily. The plane’s fuel load of 38,000 gallons contributed to explosions that occurred upon impact with the businesses, prompting significant road closures.
Investigation Underway
The Federal Aviation Administration and the National Transportation Safety Board will conduct investigations into the crash.
In the aftermath, all departing flights from the airport have been cancelled, affecting major airlines including Delta Air Lines and American Airlines.
News
This may be the AI market correction, according to traders
US stocks tumble as tech giants report uneven earnings, prompting fears of a looming market correction.
US stocks tumble as tech giants report uneven earnings, prompting fears of a looming market correction.
US stocks have taken a sharp dive as investors grow nervous about stretched valuations and uneven earnings reports from tech giants. Major Wall Street banks, including Morgan Stanley and Goldman Sachs, are warning that the rally could be nearing a 10% correction – a wake-up call for traders betting on unstoppable market momentum.
Nvidia, the world’s most valuable public company, dropped nearly 4%, wiping out around $200 billion in market value. Meanwhile, Palantir slid 6%, dragging other AI and semiconductor names lower. Even gold — a traditional safe haven — dipped 1.6%, signaling widespread investor anxiety.
Bitcoin also broke below the $100,000 mark for the first time since June, underscoring how jittery markets have become. As earnings season unfolds and the US government shutdown looms, investors are questioning whether the bull run that lifted the S&P 35% since April has finally run out of steam.
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#StockMarket #WallStreet #Nvidia #Bitcoin #AIStocks #MarketCorrection #TickerNews #Investing
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