US warplanes fly off North Korea coast

Agencies
September 24, 2017

Washington, Sept 24: US bombers and fighter escorts flew off the coast of North Korea Saturday in a show of force against its nuclear weapons program, escalating already sky-high tensions.

The hermit state's foreign minister meanwhile derided Donald Trump as "mentally deranged" at the United Nations, while the US president fired back on Twitter with fresh threats.

The latest exchange of bellicose rhetoric comes as international alarm mounts over Pyongyang's weapons ambitions -- including a suggestion this week that the country is considering detonating an H-bomb over the Pacific.

US bombers have carried out similar flights before, as the United States and the international community struggle to rein in North Korea's weapons programs.

But in a new stage for such show-of-force operations, the Pentagon stressed this was the furthest north of the Demilitarized Zone (DMZ) between the two Koreas that any US fighter or bomber has flown off North Korea's coast in this century.

"This mission is a demonstration of US resolve and a clear message that the president has many military options to defeat any threat," Pentagon spokeswoman Dana White said.

"We are prepared to use the full range of military capabilities to defend the US homeland and our allies."

The Air Force B-1B Lancer bombers flown Saturday are based in Guam, and were accompanied by F-15C Eagle fighter escorts from Okinawa, Japan, White said. They flew over international waters off the east coast of North Korea.

There was another reason for concern after an underground rumble near North Korea's nuclear test site. China at first said it suspected an explosion.

But it was later ruled by a nuclear test ban watchdog and other experts to be a shallow 3.5-magnitude earthquake and likely an aftershock from the hermit state's latest nuclear test on September 3.

This week saw a blistering war of words between Kim and Trump, with the US leader using his maiden speech at the United Nations General Assembly to warn that Washington would "totally destroy" the North if America or its allies were threatened.

Pyongyang, which says it needs nuclear weapons to protect itself against the threat of a US invasion, responded on Friday with a rare personal rebuke from Kim, who called Trump "mentally deranged" and threatened the "highest level of hardline countermeasure in history."

North Korean Foreign Minister Ri Yong-ho took things further. He, too, dismissed Trump as deranged, and said the US president's threats had increased the chances of military confrontation.

Ri told the UN General Assembly in New York that Trump's vow to "totally destroy" his country had made "our rockets' visit to the entire US mainland all the more inevitable."

Describing Trump as a "mentally deranged person full of megalomania," Ri said the US leader who "holds the nuclear button" posed "the gravest threat to international peace and security today."

Trump later responded on Twitter, insulting Kim once more and appearing to threaten both men. "Just heard Foreign Minister of North Korea speak at U.N. If he echoes thoughts of Little Rocket Man, they won't be around much longer!" he wrote late Saturday night.

Washington announced tougher restrictions Friday aimed at curbing North Korea's nuclear and ballistic missile program, building on tough new UN sanctions aimed at choking Pyongyang of cash.

Russia and China have both appealed for an end to the escalating rhetoric between Washington and Pyongyang.

But on the fringes of the UN meeting this week, Ri upped the tensions further, telling reporters Pyongyang might now consider detonating a hydrogen bomb outside its territory.

Monitoring groups estimate that the nuclear test conducted in North Korea earlier this month had a yield of 250 kilotons, which is 16 times the size of the US bomb that destroyed Hiroshima in 1945.

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Agencies
February 7,2020

Washington DC, Feb 7: United States on Thursday asked all countries to speak out against mistreatment of Muslims living in China especially in Xinjiang region by Chinese authorities.

Alice G. Wells, Principal Deputy Assistant Secretary for the Bureau of South and Central Asian Affairs, while talking to reporters appreciated the steps taken by Central Asian states to ensure that no ethnic Kazakh, Uighur, Kyrgyz is refouled to China and that the human rights of individuals who reach Central Asia are observed.

"As a matter of principle we urge all countries, not just Central Asian countries, to speak out against human rights abuses that are evident against Muslims in all of China but certainly in Xinjiang. And the countries of Central Asia, several of the countries of Central Asia have deep first-hand knowledge of those abuses given the direct impact it has on their own populations who have loved ones, family members, that are swept up in these detention centers," Wells said.

"We appreciate steps by Central Asian states to ensure that no ethnic Kazakh, Uighur, Kyrgyz is refouled to China, that the human rights of individuals who reach Central Asia are observed. And we also appreciate I think what countries like Kazakhstan can do to promote the free and safe travel of compatriots, ethnic compatriots across the border," she added.

China has been accused of oppressing the Uighurs by sending them to mass detention camps, interfering in their religious activities and sending the community to undergo some form of forceful re-education or indoctrination. However, Pakistan has stayed mum over this issue.

As many as 1 million people, or about 7 per cent of Xinjiang's Muslim population, have been incarcerated in a sprawling network of "political re-education" camps, according to US and UN studies.

In 2018, the New York-based Human Rights Watch released a report accusing Beijing of a "systematic campaign of human rights violations" against Uighur Muslims in Xinjiang.

Beijing says its camps in Xinjiang are "vocational training centres."

Last year, several documents leaked revealed details about Beijing's fears about religious extremism and its wholesale crackdown on Uighurs.

The US had called on the Chinese government to "immediately release all of those who are arbitrarily detained and to end its draconian policies that have terrorised its own citizens in Xinjiang."

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News Network
July 27,2020

Tokyo, Jul 27: Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors, boosting the allure of safe-haven assets, although sentiment was mixed with tech gains supporting some Asian stocks.

MSCI's ex-Japan Asia-Pacific index rose 1.3 percent as Taiwan's TSMC, Asia's third-largest company by market capitalisation, rose almost 10 percent.

The chipmaker's gains boosted other tech stocks in the region and came after rival Intel signalled it may give up manufacturing its own components due to delays in new 7-nanometer chip technology.

Also soothing sentiment, Chinese shares eked out gains after big falls late last week, with CSI300 index rising 0.5 percent.

S&P500 futures were last up 0.4 percent in choppy trade while Japan's Nikkei fell 0.5 percent, resuming trade after a long weekend and catching up with falls in global shares late last week.

Global shares had lost steam last week after Washington ordered China's consulate in Houston to close, prompting Beijing to react in kind by closing the US consulate in Chengdu.

US Secretary of State Mike Pompeo took fresh aim at China last week, saying Washington and its allies must use "more creative and assertive ways" to press the Chinese Communist Party to change its ways.

"US President (Donald) Trump used to say China's President Xi Jinping is a great leader. But now Pompeo's wording is becoming so aggressive that markets are starting to worry about further escalation," said Norihiro Fujito, chief investment strategist at Mitsubishi Securities.

Gold rose 1.0 percent to a record high of $1,920.9 per ounce, surpassing a peak touched in September 2011, as Sino-US tensions boosted the allure of safe-haven assets, especially those not tied to any specific country.

The yellow metal is also helped by aggressive monetary easing adopted by many central banks around the world since the pandemic plunged the global economy into a recession.

Some investors fret such an unprecedented level of money-printing could eventually lead to inflation.

MORE STIMULUS

Hopes of a quick US economic recovery are fading as coronavirus infections showed few signs of slowing.

That means the economy could capitulate without fresh support from the government, with some of earlier steps such as enhanced jobless benefits due to expire this month.

Investors hope US Congress will agree on a deal before its summer recess but there are some sticking points including the size of the stimulus and enhanced unemployment benefits.

US Treasury Secretary Steve Mnuchin said the package will contain extended unemployment benefits with 70 percent "wage replacement".

Democrats, who control the House of Representatives, want enhanced benefits of $600 per week to be extended and look to much bigger stimulus compared with the Republicans' $1 trillion plan.

Investors are looking to corporate earnings from around the world for hints on the pace of recovery in the global economy.

"It looks like rising coronavirus cases are starting to slow down recovery in many countries," said Masahiro Ichikawa, senior strategist at Sumitomo Mitsui DS Asset Management.

Concerns about the US economic outlook started to weigh on the dollar, reversing its inverse correlation with the economic well-being over the past few months.

The dollar index dropped 0.3 percent to its lowest level in nearly two years.

The euro gained 0.3 percent to $1.1693, hitting a 22-month high of $1.16590 as sentiment on the common currency improved after European leaders reached a deal on a recovery fund in a major step towards more fiscal co-operation.

Against the yen, the dollar slipped 0.5 percent to 105.605 yen, a four-month low while the British pound hit a 4 1/2-month high of $1.2832.

Oil prices dipped on worries about the worsening Sino-US relations.

Brent futures fell 0.46 percent to $43.14 per barrel while US crude futures lost 0.44 percent to $41.11.

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News Network
May 12,2020

Washington, May 12: The US Federal Bureau of Investigation and cybersecurity experts believe Chinese hackers are trying to steal research on developing a vaccine against coronavirus, two newspapers reported Monday.

The FBI and Department of Homeland Security are planning to release a warning about the Chinese hacking as governments and private firms race to develop a vaccine for COVID-19, the Wall Street Journal and New York Times reported.

The hackers are also targeting information and intellectual property on treatments and testing for COVID-19.

US officials alleged that the hackers are linked to the Chinese government, the reports say.

The official warning could come within days.

In Beijing Foreign Affairs ministry spokesman Zhao Lijian rejected the allegation, saying China firmly opposes all cyber attacks.

"We are leading the world in COVID-19 treatment and vaccine research. It is immoral to target China with rumors and slanders in the absence of any evidence," Zhao said.

Asked about the reports, President Donald Trump did not confirm them, but said: "What else is new with China? What else is new? Tell me. I'm not happy with China."

"We're watching it very closely," he added.

A US warning would add to a series of alerts and reports accusing government-backed hackers in Iran, North Korea, Russia and China of malicious activity related to the pandemic, from pumping out false news to targeting workers and scientists.

The New York Times said it could be a prelude to officially-sanctioned counterattacks by US agencies involved in cyber warfare, including the Pentagon's Cyber Command and the National Security Agency.

Last week in a joint message Britain and the United States warned of a rise in cyber attacks against health professionals involved in the coronavirus response by organised criminals "often linked with other state actors."

Britain's National Cyber Security Centre and the US Cybersecurity and Infrastructure Security Agency said they had detected large-scale "password spraying" tactics -- hackers trying to access accounts through commonly used passwords -- aimed at healthcare bodies and medical research organisations.

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