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Has North Korea restarted its nuclear reactor?

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North Korea appears to have restarted the operation of its main nuclear reactor used to produce weapons fuels

According to the UN atomic agency the nation may have restarted the reactor that’s been closed since 2018.

It comes as the North openly threatens to enlarge its nuclear arsenal amid long-dormant nuclear diplomacy with the United States.

The annual report by the International Atomic Energy Agency refers to a 5-megawatt reactor at the North’s main nuclear complex in Yongbyon, north of Pyongyang.

The reactor produces plutonium, one of the two key ingredients used to build nuclear weapons along with highly enriched uranium.

The UN report stated that there were indications of the operation of Yonbyon’s radiochemical laboratory from mid-February to early July this year.

Michelle Ye Hee Lee from the Washington Post says it could be a direct breach of US President Joe Biden’s denuclearisation wishes.

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The laboratory is a facility where plutonium is extracted by reprocessing spent fuel rods removed from reactors.

“(North Korea’s) nuclear activities continue to be a cause for serious concern. Furthermore, the new indications of the operation of the 5-megawatt reactor and the radiochemical laboratory are deeply troubling,” the IAEA said.

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Niche accountants proving essential to e-commerce success

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Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

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Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

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Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

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Israeli claims airstrikes have killed two successors to Hezbollah’s slain leader

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The update comes as Israel expands its ground offensive against the Iran-backed group with a fourth army division deployed into south Lebanon.

Israel Prime Minister Benjamin Netanyahu spoke in a video released by his office hours after the deputy leader of Hezbollah left the door open to a negotiated ceasefire, reports Reuters

Israel’s military said on Tuesday that heavy air strikes against underground Hezbollah installations in southern Lebanon over the prior 24 hours killed at least 50 fighters including six sector commanders and regional officials. #featured #trending

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