North Korea confirms 'successful' launch of ballistic missile

May 22, 2017

Seoul, May 22: North Korea today confirmed the "successful" launch of a medium-range ballistic missile, Pyongyang's state media reported, adding the weapon was now ready to be deployed for military action.

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State-run Korean Central News Agency said the North's leader Kim Jong-Un oversaw yesterday's missile test, which has sparked a fresh chorus of international condemnation and threats of tougher UN sanctions.

The missile tested was the Pukguksong-2, a land-based version of Pyongyang's submarine-launched weapon, using solid-fuel that allows for immediate firing, KCNA said.

"Saying with pride that the missile's rate of hits is very accurate and Pukguksong-2 is a successful strategic weapon, (Kim Jong-Un) approved the deployment of this weapon system for action," KCNA said.

"Now that its tactical and technical data met the requirements of the Party, this type of missile should be rapidly mass-produced in a serial way to arm the KPA Strategic Force," Kim said, referring to the North's army, according to the KCNA report.

The missile, which was described by Washington as medium-range, was fired from Pukchang in South Pyongan province and travelled about 500 kilometres (310 miles) before landing in the Sea of Japan, according to the South's armed forces.

KCNA said the test "aimed to finally verify all the technical indexes of the weapon system and thoroughly examine its adaptability under various battle conditions, before its deployment at military units for action."

The results of the test were "perfect", KCNA added.

The US, South Korea and Japan sharply denounced the launch and jointly requested an emergency meeting of the United Nations Security Council on the matter.

The launch came just one week after the North fired a Hwasong-12 intermediate-range missile, which according to Pyongyang flew almost 800 kilometres and was capable of carrying a "heavy" nuclear warhead.

Analysts said the Hwasong travelled further than any previous ballistic missile launched by the North.

The May 14 launch was seen as a significant step forward as the North accelerates efforts to develop an intercontinental ballistic missile (ICBM) capable of delivering a nuclear warhead to the continental United States.

The launches and a threatened sixth nuclear test have fuelled tension with the administration of US President Donald Trump, who has vowed that such an ICBM launch "won't happen."

He warned that no option is off the table in dealing with the North's weapons program, although Washington has so far opted for sanctions and diplomatic pressure, while looking to China, the North's closest ally, to help rein in Pyongyang.

Seoul's foreign ministry slammed the "reckless and irresponsible" firing as "throwing cold water on the hope and longing of the new government and the international community" for denuclearization and peace on the Korean peninsula.

South Korea's incoming left-leaning government has taken a more conciliatory line with Pyongyang than its conservative predecessors but has reacted strongly to the latest two missile tests.

Pyongyang has long had missiles that can reach targets across South Korea and Japan.

With an imputed range of 4,500 kilometres, the Hwasong-12 also puts US bases on the Pacific island of Guam within reach.

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Agencies
March 29,2020

A shrimp seller at the wet market in the Chinese city of Wuhan believed to be the centre of the coronavirus pandemic, may be the first person to have tested positive for the disease, a media report said on Saturday.

The report by the London-based Metro newspaper said that 57-year-old woman, named by the Wall Street Journal as Wei Guixian, was selling shrimp at the Huanan Seafood Market when she developed what she thought was a cold last December.

Chinese digital news outlet, The Paper has said that she may be epatient zero'.

Wei was told by doctors her illness was "ruthless" and other workers at the market had come to the Wuhan Union Hospital with the same symptoms, the Metro newspaper report quoted the outlet as saying.

"Every winter, I suffer from the flu, so I thought it was the flu," the woman was quoted as saying by The Paper news outlet.

The shrimp seller added that she believed she contracted the coronavirus from the shared toilet in the market.

She said the fatal disease would have killed fewer people if the government had acted sooner.

Wuhan Municipal Health Commission has confirmed that Wei was among the first 27 people to test positive for the coronavirus.

It said she was one of 24 cases with direct links to the market, the Metro newspaper reported.

Though Wei may be "patient zero", it does not mean she is the first person to have contracted the virus, added the Metro report.

Chinese researchers have claimed that the first person diagnosed with the airborne virus had no contact with the seafood market and was identified on December 1, 2019.

Wei was later quarantined when a connection was made between the bug and the market before recovering in January.

As of Saturday, the global number of coronavirus cases stood at 104,837 with 27,862 deaths, according to the latest update by the Washington-based Johns Hopkins University.

The US has the highest number of cases at 104,837, followed by Italy 86,498 and China 81,948.

Italy has recorded the highest number of fatalities with 9,134 deaths, followed by Spain and China, at 5,138 and 3,299, respectively.

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News Network
April 10,2020

Melbourne, Apr 10: Scientists have identified six drug candidates from more than 10,000 compounds that may help treat COVID-19.

The research, published in the journal Nature, tested the efficacy of approved drugs, drug candidates in clinical trials and other compounds.

"Currently there are no targeted therapeutics or effective treatment options for COVID-19," said Professor Luke Guddat from the University of Queensland in Australia.

"In order to rapidly discover lead compounds for clinical use, we initiated a programme of high-throughput drug screening, both in laboratories and also using the latest computer software to predict how different drugs bind to the virus," Guddat said.

The project targeted the main COVID-19 virus enzyme, known as the main protease or Mpro, which plays a pivotal role in mediating viral replication, the researchers said.

This makes it an attractive drug target for this virus, and as people don't naturally have this enzyme, compounds that target it are likely to have low toxicity, they said.

"We add the drugs directly to the enzyme or to cell cultures growing the virus and assess how much of each compound is required to stop the enzyme from working or to kill the virus. If the amount is small, then we have a promising compound for further studies," said Guddat.

After assaying thousands of drugs, researchers found of the six that appear to be effective in inhibiting the enzyme, one is of particular interest.

"We're particularly looking at several leads that have been subjected to clinical trials including for the prevention and treatment of various disorders such as cardiovascular diseases, arthritis, stroke, atherosclerosis and cancer," Guddat said.

Researchers said compounds that are already along the pipeline to drug discovery are preferred, as they can be further tested as antivirals at an accelerated rate compared to new drug leads that would have to go through this process from scratch.

"With continued and up-scaled efforts we are optimistic that new candidates can enter the COVID-19 drug discovery pipeline in the near future," Guddat said.

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Agencies
June 16,2020

India continues to remain ranked 43rd on an annual World Competitiveness Index compiled by Institute for Management Development (IMD) with some traditional weaknesses like poor infrastructure and insufficient education investment keeping its ranking low, the international business school said on Tuesday.

Singapore has retained its top position on the 63-nation list.

Denmark has moved up to the second position (from 8th last year), Switzerland has gained one place to rank 3rd, the Netherlands has retained its 4th place and Hong Kong has slipped to the fifth place (from 2nd in 2019).

The US has moved down to 10th place (from 3rd last year), while China has also slipped from 14th to 20th place. Among the BRICS nations, India is ranked second after China, followed by Russia (50th), Brazil (56th) and South Africa (59th).

India was ranked 41st on the IMD World Competitiveness Ranking, being produced by the business school based in Switzerland and Singapore every year since 1989, but had slipped to 45th in 2017 before improving to 44th in 2018 and then to 43rd in 2019.

While its overall position has remained unchanged in the 2020 list, it has recorded improvements in areas like long-term employment growth, current account balance, high-tech exports, foreign currency reserves, public expenditure on education, political stability and overall productivity, the IMD said.

However, it has moved down in areas like exchange rate stability, real GDP growth, competition legislation and taxes.

Arturo Bris, Head of Competitiveness Center at IMD Business School, said India continues to struggle on the list and the recent country rating downgrade by Moody’s reflects the uncertainties regarding the economy’s future.

"In our ranking this year, we again emphasize the traditional weaknesses of India -- poor infrastructure, an important deficit in education investment, and a health system that does not reach everybody. For India to follow the path of China, it must stress its intangible infrastructure," Bris said.

"In a less global world, with China, USA, and Europe looking inwards, currencies like the rupee (and the Brazilian real for instance) are going to suffer and display high volatilities.

"Moody’s has threatened the country with a downgrade to junk and that would put India in a terrible position to attract foreign capital. So the urgency for the government should be to fix the short-term problems—and this requires to improve the credibility of the government itself," Bris added.

With the exception of Singapore, the Philippines, Taiwan and the Korean Republic, most Asian economies dropped in rankings this year, the IMD said.

The reason for the Asian economies’ less stellar performance as a region, this year is partly the result of the trade frictions between China and the US, particularly because these economies are highly dependent on trade with China.

About Singapore, which moved to the top rank last year, the IMD said its position is largely driven by the relative ease of setting up business, availability of skilled labour and its cutting-edge technological infrastructure.

The IMD said the impact of COVID-19 on the competitiveness ranking has partially been captured by executives’ opinions about the effectiveness of the different health systems.

In the ASEAN countries included in the survey, only Singapore and Thailand have a positive performance in the effectiveness of the health infrastructure.

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