US Diplomat Nikki Haley Blasts China, Russia For 'Holding The Hand' Of North Korean Leader

Agencies
July 6, 2017

Washington, Jul 6: The top U.S. diplomat to the United Nations blasted Russia and China on Wednesday for "holding the hand" of North Korean leader Kim Jong Un, as the Trump administration struggled to respond to Pyongyang's latest ballistic-missile test.nikki

U.N. Ambassador Nikki Haley chided Moscow and Beijing over their opposition to a Security Council resolution condemning North Korea and imposing greater economic sanctions for what she called its "sharp military escalation."

She also said Pyongyang was "quickly closing off the possibility of a diplomatic solution" and suggested the United States would continue to consider military action if necessary.

"One of our capabilities lies with our considerable military forces," Haley said during a Security Council meeting in New York. "We will use them if we must, but we prefer not to have to go in that direction."

Haley's pointed speech marked the latest effort by the Trump administration to rally allies and rivals around a common agenda to blunt North Korea's progress, days after Kim's regime tested an intercontinental ballistic missile with a range that experts said would put it within reach of Alaska.

But her remarks also illustrated the limits of the White House's options and lacked specifics about what concrete steps the administration is considering. The missile test marks a new level of advancement in Kim's pursuit of a nuclear weapon that could strike the continental United States. Analysts said a military confrontation could escalate quickly into a mass-casualty war on the Korean Peninsula and Japan, where the United States has stationed tens of thousands of troops.

The standoff cast a shadow as President Donald Trump prepared for his first meeting with Russian President Vladimir Putin and his second with Chinese President Xi Jinping on the sidelines of the Group of 20 summit, which opens Friday in Hamburg. Trump also will meet with Japanese Prime Minister Shinzo Abe and the heads of U.S. allies Britain and Germany.

"We've been pretty consistent that we are never going to broadcast next steps," deputy White House press secretary Sarah Huckabee Sanders told reporters aboard Air Force One as the president traveled to a short stop in Warsaw on Wednesday.

Before leaving Washington, Trump revealed more frustration with Xi, whom he has personally lobbied to enact sanctions on Chinese banks that do business with North Korean companies. The U.S. Treasury Department announced last week that it would block the Bank of Dandong, along the border region between China and North Korea, from accessing U.S. markets. Officials said was the first of potentially greater sanctions by the United States.

On Twitter, Trump wrote: "Trade between China and North Korea grew almost 40% in the first quarter. So much for China working with us - but we had to give it a try!"

Chinese data released in April showed China's trade with the North grew 37.4 percent during the first three months of the year compared with the same period in 2016. China said then that overall trade grew even as it complied with U.N. sanctions and stopped buying North Korean coal.

Russian and Chinese diplomats used the U.N. Security Council meeting to push their joint proposal for a suspension of North Korean nuclear and missile testing in exchange for a suspension of U.S. and South Korean military exercises. Both countries also condemned the U.S. antimissile system being deployed in South Korea and called for it to be removed.

Early Wednesday in Asia, U.S. and South Korean forces fired missiles, conducting joint military exercises that the U.S. Pacific Command cast as a show of "ironclad" resolve.

Daniel Pinkston, a lecturer in international relations at Troy University in Seoul, said he saw no chance Washington and Seoul would agree to halt joint exercises, calling it "a non-starter."

During the U.N. meeting, a Russian official questioned whether North Korea's missile was an ICBM, suggesting it was an intermediate-range weapon.

That prompted Haley to request a second turn at the microphone, during which she said: "If you see this as a threat, if you see this for what it is, which is North Korea showing its muscle, then you need to stand strong. If you chose not to, we will go our own path."

Danny Russel, who served as senior Asia director at the National Security Council under President Barack Obama, said Trump has a "rare blue moon" opportunity this week to meet with and rally the major players - China and Russia on one side and Japan and South Korea on the other - toward some sort of unified display of condemnation of North Korea.

"What the administration needs to do is get China and Russia around an approach, even if it is not as testosterone-rich and muscular as the U.S. would like, so that the basic geometry is five on one, not three on three," said Russel, now a diplomat in residence at the Asia Society in New York. "There is no formula, no path forward, other than war, that isn't built on some degree of common cause between Washington and Beijing."

Victor Cha, who served as senior Asia director at the NSC under President George W. Bush, said the U.S. sanctions on the Dandong bank were "a shot across the bow at the Chinese that what is happening is not working for us. It arguably gives [Trump] a stronger position going in" to the meeting with Xi.

The missile the Kim regime launched had been in the works for years. It flew higher and remained in the air longer than previous attempts, in what experts called a milestone for North Korea

South Korean authorities described North Korea's test as a two-stage missile with a range of about 4,300 to 5,000 miles - enough to reach Alaska and other parts of North America.

South Korean Defense Minister Han Min-koo said there is high probability that Pyongyang will stage another nuclear test and noted gains in its efforts to miniaturize a warhead - steps toward developing nuclear-tipped weapons capable of hitting the mainland United States.

Pyongyang's test appeared to catch the United States by surprise. The Pentagon initially mislabeled the activity as a test of an intermediate-range missile before reclassifying it Wednesday as an ICBM with a range of at least 5,500 kilometers.

Navy Capt. Jeff Davis, a Pentagon spokesman, said that the missile "is not one we have seen before" and that it was launched from a site - the Panghyon airfield about 90 miles north of Pyongyang - that has not been used to test missiles before.

He emphasized that North Korea still has a number of steps to meet before a threat to North America is imminent, noting that Pyongyang has not yet demonstrated the ability to mount a nuclear warhead on a ICBM or show the lateral range necessary.

"But clearly, they are working on it," he said.

North Korea successfully test fired an intercontinental ballistic missile July 3. The missile was launched into a steep arc sending it more than 1,700 vertical miles up before beginning its reentry into Earth's atmosphere.

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News Network
July 2,2020

Naypyitaw, Jul 2: A landslide at a jade mine in northern Myanmar has killed at least 113 people, officials say, warning the death toll is likely to rise further.

The incident took place early on Thursday in the jade-rich Hpakant area of Kachin state after a bout of heavy rainfall, the Myanmar Fire Services Department said on Facebook.

"The jade miners were smothered by a wave of mud," the statement said. "A total of 113 bodies have been found so far," it added, raising the death toll from at least 50.

Photos posted on the Facebook page showed a search and rescue team wading through a valley apparently flooded by the mudslide.

'No one could help them'

Maung Khaing, a 38-year-old miner from the area, said he saw a towering pile of waste that looked on the verge of collapse and was about to take a picture when people began shouting "run, run!"

"Within a minute, all the people at the bottom [of the hill] just disappeared," he told Reuters news agency by phone.

"I feel empty in my heart. I still have goosebumps ... There were people stuck in the mud shouting for help, but no one could help them."

Tar Lin Maung, a local official with the information ministry, said authorities had recovered more than 100 bodies.

"Other bodies are in the mud. The numbers are going to rise," he told Reuters.

Fatal landslides are common in the poorly regulated mines of Hpakant, the victims often from impoverished communities who risk their lives hunting the translucent green gemstone.

The government of Myanmar leader Aung San Suu Kyi pledged to clean up the industry when it took power in 2016, but activists say little has changed.

Official sales of jade in Myanmar were worth $750.4m in 2016-2017, according to data published by the government as part of the Extractive Industries Transparency Initiative.

But experts believe the true value of the industry, which mainly exports to China, is much larger.

Northern Myanmar's abundant natural resources - including jade, timber, gold and amber - have also helped finance both sides of a decades-long conflict between ethnic Kachin and the military.

The fight to control the mines and the revenues they bring frequently traps local civilians in the middle.

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News Network
February 14,2020

London, Feb 14: Five years ago Britain’s new finance minister Rishi Sunak wasn’t even a member of parliament and now he is running the world's fifth largest economy.

The 39-year-old former Goldman Sachs banker was appointed in dramatic fashion on Thursday when incumbent Sajid Javid unexpectedly quit — in a row over advisers — during what Downing Street had cast as a routine ministerial reshuffle.

Sunak is married to the daughter of Infosys co-founder NR Narayana Murthy, and was hand-picked to take over an ultra-safe seat in northern England, previously represented by former Conservative Party leader William Hague. The Murthy family was not reachable for comment.

In July, when he was promoted chief secretary to the Treasury, Murthy had said: “Our advice to our children, including Rishi, has been to work hard, be honest, and do good for society…We wish him well.”

After Thursday’s announcement, Sunak said: “Delighted to be appointed... Lots to get on with.”

Tipped for Promotion

As Boris Johnson moves to increase control of the finance ministry, one of the youngest chancellors in history will face a prime minister who wants to increase government spending on everything from infrastructure and police to health and education.

Sunak, seen as a rising star in the ruling Conservative Party since he entered Parliament in 2015, had been tipped for promotion to a senior post in the ministerial rejig as Johnson put together his post-Brexit cabinet.

But, despite an already rapid ascent through the ranks of government, few expected the Oxford University Politics, Philosophy and Economics graduate to ascend to one of the highest offices in the land.

Sunak had been serving as Javid’s deputy in the finance ministry since Johnson promoted him upon taking office in July 2019. Prior to that he had served as a junior housing minister.

“From working in my mum’s tiny chemist shop to my experience building large businesses, I have seen first-hand how politicians should support free enterprise and innovation to ensure our future prosperity,” Sunak says on his website.

Smooth and loyal

Seen as a smooth media performer and ultra-loyal member of the Conservative Party, Sunak has been used by the government to present and defend their policies in television interviews — a sign of trust from Johnson, who has a fraught relationship with Britain’s media.

Sunak takes control at a critical juncture for Britain’s $2.7 trillion economy. He will have to steer the economy through the turbulence of leaving the European Union and the forging of new trade links that will define Britain’s new relationship with the world.

However, the power struggle that forced his predecessor Javid to quit hints at a more diminished role for what is the second most powerful position in the government — with Johnson’s office wanting to centralise control and minimise dissent.

Sunak is one of the three ministers of Indian origin in Johnson’s cabinet, the other two being Priti Patel and Alok Sharma. Patel remains the interior minister after the cabinet reshuffle while Sharma, a former minister for international development, was appointed the new minister for business. Sunak’s father was a doctor and his mother ran a chemist shop. Before entering politics he worked for Goldman Sachs and a hedge fund, then co-founded an investment firm. He also has an MBA from Stanford University.

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News Network
May 19,2020

May 18: Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic Forum showed on Tuesday.

Two-thirds of the 347 respondents to the survey - carried out in response to the outbreak - put a lengthy contraction in the global economy top of their list of concerns for the next 18 months.

Half of risk managers expected bankruptcies and industry consolidation, the failure of industries to recover and high levels of unemployment, particularly among the young.

“The crisis has devastated lives and livelihoods. It has triggered an economic crisis with far-reaching implications and revealed the inadequacies of the past," said Saadia Zahidi, managing director of the World Economic Forum.

Environmental goals risk being discarded as a result of the pandemic, the report said, but governments should try to carve out a "green recovery".

"We now have a unique opportunity to use this crisis to do things differently and build back better economies that are more sustainable, resilient and inclusive," Zahidi said.

The report was compiled by the World Economic Forum’s Global Risks Advisory Board together with Marsh & McLennan Companies Inc and Zurich Insurance Group.

Risk managers were surveyed between April 1 and 13.

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