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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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Experts warn AI could trigger ‘Grey Swan’ events in the global economy

Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.

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Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.


As excitement around artificial intelligence reaches new heights, experts are cautioning that the technology could spark unexpected disruptions known as ‘grey swan events’. Unlike black swans, these events are somewhat foreseeable but often underestimated, posing real threats to economic stability.

David Scutt from StoneX joins Ticker to break down what grey swans are, their potential impact on AI, and how legal, security, and innovation risks could shake the industry. He also explains how the pace of AI advancement makes it harder to anticipate and prepare for these shocks.

From resilience strategies for policymakers to the concept of antifragility coined by Nassim Nicholas Taleb, this discussion offers insights into how the world might navigate the growing AI landscape.

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#AI #GreySwan #TechRisks #InnovationShock #ArtificialIntelligence #GlobalEconomy #DavidScutt #TickerNews


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Oscars move to YouTube in landmark streaming deal from 2029

YouTube will stream the Oscars exclusively from 2029, making it free for over two billion users worldwide.

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YouTube will stream the Oscars exclusively from 2029, making it free for over two billion users worldwide.


The Academy of Motion Picture Arts and Sciences has struck a landmark agreement with YouTube to stream the Oscars exclusively from 2029, marking a major shift for Hollywood’s biggest night.

YouTube will hold global rights to the ceremony from 2029 to 2033, making the event free to its more than two billion users worldwide, with added features like red carpet coverage and behind-the-scenes access.

The move reflects changing viewing habits as audiences increasingly turn to digital platforms for live events.

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#Oscars #YouTube #StreamingWars #Hollywood #FilmIndustry #DigitalMedia #EntertainmentNews #AcademyAwards


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NSW weighs urgent gun law changes after Bondi shooting as firearm caps spark backlash

NSW government to discuss urgent firearm legislation changes after Bondi Beach shooting amid rising violence concerns.

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NSW government to discuss urgent firearm legislation changes after Bondi Beach shooting amid rising violence concerns.


The New South Wales government is set to discuss urgent changes to firearm legislation next week following the Bondi Beach shooting, reigniting the national debate over gun control and public safety.

The proposed reforms are aimed at tightening access to firearms and limiting individual ownership, as authorities respond to concerns about rising violence across the state.

With the number of registered firearms in NSW surging over the past decade, lawmakers say swift action may be needed to prevent further harm.

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#NSWPolitics #GunControl #FirearmLaws #BondiShooting #PublicSafety #AustralianNews #BreakingNews #TickerNews


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