Kim Jong-Un calls on North to mass-produce nukes, missiles

Agencies
January 1, 2018

Seoul, Jan 1: Kim Jong-Un urged North Korea to mass-produce nuclear warheads and missiles in a defiant New Year message today suggesting he would continue to accelerate a rogue weapons programme that has stoked international tensions.

Pyongyang dramatically ramped up its efforts to become a nuclear power in 2017, despite a raft of international sanctions and increasingly bellicose rhetoric from the United States.

Kim, who said today that he always had a nuclear launch button on his desk, has presided over multiple missile tests in recent months and the North's sixth and most powerful nuclear test -- which it said was a hydrogen bomb -- in September.

"We must mass-produce nuclear warheads and ballistic missiles and speed up their deployment," said Kim in his annual address to the nation, reiterating his claims that North Korea had achieved its goal of becoming a nuclear state.

The North says its weapons programme is designed to be able to target the US mainland and tested increasingly longer-range intercontinental ballistic missiles (ICBMs) throughout 2017.

US President Donald Trump has responded to each test with his own amplified declarations, threatening to "totally destroy" Pyongyang and taunting Kim, saying the North Korean leader was on "a suicide mission".

But far from persuading Kim to give up his nuclear drive, analysts say Trump's tough talk may have prompted the North Korean leader to drive through with his dangerous quest.

"(The North) can cope with any kind of nuclear threats from the US and has a strong nuclear deterrence that is able to prevent the US from playing with fire," Kim said today.

"The nuclear button is always on my table. The US must realise this is not blackmail but reality."

His comments come after a former top US military officer warned that the United States is now closer than it has ever been to a nuclear war with the North, with little hope of a diplomatic solution to the crisis.

Mike Mullen, a former chairman of the US joint chiefs of staff, said the Trump presidency had helped create "an incredibly dangerous climate", in an interview on ABC's "This Week".

"We're actually closer, in my view, to a nuclear war with North Korea and in that region than we have ever been," he said.

Pyongyang claims it needs nuclear weapons to protect itself from a hostile US and sees American military activities in the region -- such as the joint drills it takes part in with the South -- as a precursor to invasion.

As tensions spiked in the region in recent months, the international community has slapped a range of sanctions on the North aimed at curbing its weapons programme and squeezing the country's leadership.

In December the United Nations Security Council unanimously passed new, US-drafted sanctions to restrict oil supplies vital for the impoverished state.

The third raft of sanctions imposed last year, which the North slammed as an "act of war", also received the backing of China -- the North's sole major ally and economic lifeline.

But the embargoes have shown little sign of dampening Kim's enthusiasm for his weapons drive.

Observers say Washington must open talks with the North to defuse tensions -- but that remains a challenge.

The North has always said it will only deal with the US from a position of equality as a nuclear state.

Washington has long insisted that it will not accept a nuclear-armed North and Pyongyang must embark on a path towards denuclearisation before any talks.

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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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News Network
April 24,2020

Washington, Apr 24: President Donald Trump has favoured a phased reopening of the US economy, devastated by the coronavirus pandemic, which has claimed nearly 50,000 lives and infected over eight lakh people in the country.

More than 95 per cent of the country's 330 million people are under stay-at-home order as a result of the social mitigation measures, including social distancing, being enforced till May 1.

Trump on Thursday indicated that the stay-at-home order might be extended beyond May 1, but vehemently advocated the need to gradually open up the economy.

In the past few weeks, more than 26 million Americans have filed for unemployment benefits and the figure is soon likely to cross 40 million.

Both the World Bank and the International Monetary Fund (IMF) have projected a negative growth in the US in 2020.

To keep America gaining momentum, every citizen needs to maintain the vigilance, and we all understand that very well we've gone over it many, many times this includes practising good hygiene, maintaining social distance, and the voluntary use of face covering, Trump said.

Safe and phased reopening of our economy -- it's very exciting, but it does not mean that we are letting down our guard at all in any way; on the contrary, continued diligence is an essential part of our strategy to get our country back to work to take our country back, he told reporters at his daily White House news conference on coronavirus.

The data and facts on the ground suggest that the US is making great progress, he said.

In 23 states, new cases have declined. In the peak week, 40 per cent of the American counties have seen a rapid decline in new cases. As many as 46 states report a drop in patients showing coronavirus-like symptoms, he said.

Trump said the US is very close to finding a vaccine for COVID-19.

We are very close to testing... when testing starts it takes a period of time but we will get it done, he said.

According to Vice President Mike Pence, data continues to show promising signs of progress in the New York Metro area, New Jersey, Connecticut, Detroit and New Orleans. All appear to be passed their peak and we are seeing consistent declines in hospitalisation and cases in regions across the country, he said.

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News Network
February 11,2020

Feb 11: China reported 108 new coronavirus deaths on February 10, the highest daily toll since the outbreak began in Wuhan late last year, as two senior officials in the hard-hit province of Hubei were removed from their jobs.

The total number of deaths on the mainland reached 1,016 in the 24 hours until midnight, the National Health Commission said on Tuesday.

Some 2,478 new cases were confirmed, bringing the total to 42,638.

Of the new deaths, 103 were in the province of Hubei, including 67 in the provincial capital of Wuhan. The virus is thought to have originated there in a market that sold seafood as well as wild animals.

Two senior health officials in the province - Zhang Jin who was Party Secretary of the health commission for Hubei and Ling Yingzi who was director of the Hubei Provincial Health Commission - were both removed from their posts, state media reported on Tuesday,  a day after Chinese President Xi Jinping visited health facilities in Beijing.

In his first public appearance since the outbreak began, Xi donned a face mask and had his temperature checked while visiting medical workers and patients in the capital.

"We have seen very little of Xi Jinping since the outbreak began but he was out and about in Beijing on Monday," Al Jazeera's Katrina Yu said from Beijing. "He has been trying to rally the troops saying: 'We can win this battle.' But it's also a sign that the battle is far from over."

The other fatalities on Monday were in the provinces of Heilongjiang, Anhui and Henan and the cities of Tianjin and Beijing, the National Health Commission said.

During a meeting chaired by Premier Li Keqiang on Monday, a group of leaders tasked with beating the virus said it would work to solve raw material and labour shortages and boost supplies of masks and protective clothing.

They said nearly 20,000 medical personnel from around the country had already been sent to Wuhan, and more medical teams were also on the way.

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