News
NK confirms ‘successful’ submarine-launched missile test
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”.
News
Global stocks wobble as Davos kicks off and Trump reshapes geopolitics
Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.
Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.
Global stock markets endured a volatile week as world leaders gathered in Switzerland for the World Economic Forum, with investors closely watching signals on inflation, interest rates and geopolitical risk.
The Davos meetings set a cautious tone, as uncertainty weighed on market sentiment across regions.
Adding to the tension, Donald Trump announced a deal involving Greenland, reigniting debate over strategic assets and global influence. The unexpected move injected fresh geopolitical risk into markets already grappling with an unsettled global outlook.
Kyle Rodda from Capital.com, breaks down how markets are reacting, what the Greenland announcement could mean for investors, and what to watch next as Davos concludes.
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News
Zelenskyy reveals planned UAE talks with Russia and the United States
Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.
Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.
Volodymyr Zelenskyy says trilateral talks with Russia and the United States are planned in the United Arab Emirates as efforts to end the war intensify.
He also criticised European leaders at the World Economic Forum, calling for stronger political will.
News
Albanese apologises to Jewish community at Bondi attack memorial
Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.
Albanese apologizes to Jewish community, pledges to combat antisemitism after Bondi terror attack during Sydney memorial.
Anthony Albanese has apologised to the Jewish community, saying Australia failed to keep people safe after the Bondi terror attack.
Speaking at a memorial in Sydney, he pledged to confront antisemitism and stand with families and first responders in grief and unity.
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