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Reporter : Kang Seung-woo
Wed, November 30, 2022 | 03:39
$4.2 billion earmarked for key missile defense system
Amid North Korea's growing nuclear and missile threats, attention is on a budget increase proposal to bolster a key deterrence system, which is pending approval in the National Assembly. In August, the government announced a defense budget proposal of 57.1 trillion won ($43.2 billion) for 2023, a 4.6 percent year-on-year increase, with 5.25 trillion won earmarked for the dome...
From opium to cryptocurrency, North Korea maneuvers to earn hard cash for nuclear program
North Korea has launched various missiles, including intercontinental ballistic missiles, 35 times this year alone, which analysts say could have cost the nation as much as $10 million each. The North's escalation of tensions has raised a burning question among observers: How can the cash-strapped nation finance and sustain its weapons of mass destruction (WMD) program? Such ...
Lawmaker pressured to resign for misquoting EU ambassador
Rep. Kim Eui-kyeom, a spokesman of the main opposition Democratic Party of Korea (DPK), is under pressure from the ruling party side to step down for his incorrect quotation of European Union Ambassador Maria Castillo Fernandez. On Tuesday, DPK Chairman Rep. Lee Jae-myung and the EU envoy held a closed-door meeting, during which they discussed North Korea's threats, among oth...
South Korea, US, Japan to hold trilateral summit
President Yoon Suk-yeol said, Thursday, he will sit down with his U.S. and Japanese counterparts, Joe Biden and Fumio Kishida, on the sidelines of multilateral meetings in Southeast Asia later this week amid a series of provocations by North Korea. “During the multilateral meetings, there will be several important bilateral summits,” Yoon told reporters a day before he leaves...
North Korea quiet during US midterm elections
A much-hyped North Korean nuclear test did not happen ahead of the U.S. midterm elections although all preparations for a seventh nuclear test are reported to be complete. Diplomatic observers view there is no urgent need at this point for the Kim Jong-un regime to push ahead with another nuclear test that could backfire.
'Republic of Korea will take care of you from here'
On Nov. 7, the ashes of deceased veterans of the Korean War arrived at Incheon International Airport with honor guards lining up. The deceased veterans - French veteran Robert Picquenard and Dutch veterans Mathias Hubertus Hoogenboom and Eduard Julius Engberink were very young when they joined the Korean War in defense of the Republic of Korea and all three of them wished to ...
[ANALYSIS] North Korea expected to launch another ICBM before Nov. 29
Undeterred by the failed test of what is suspected to have been a Hwasong-17 intercontinental ballistic missile (ICBM) last week, North Korea is expected to push ahead with another launch of its largest and most powerful missile ahead of a holiday marking its successful nuclear-capable missile test, according to diplomatic observers, Monday. North Korea designated Nov. 29 as ...
North Korea's ICBM launch ends in failure
North Korea continued its saber-rattling for the second day straight, Thursday, by firing at least six missiles, but its military show of force ended up being compromised after the launch of the country's largest and most powerful intercontinental ballistic missile (ICBM) failed while in flight. The unsuccessful ICBM launch may cause further delays to the possible next nuclea...
North Korea fires missile toward South Korean territory
North Korea fired more than 20 ballistic and other missiles, Wednesday, one of which landed in South Korean territory for the first time since the 1950-53 Korean War. The North also fired some 100 artillery shells into the East Sea. In response, President Yoon Suk-yeol ordered the military to make a swift and stern response to ensure that North Korea clearly sees the conseque...
F-35Bs in Korea
F-35B stealth fighters of the U.S. Marine Corps taxi at an air base in Gunsan, North Jeolla Province, Monday. Four F-35Bs stationed in Iwakuni, Japan, arrived in Korea as part of the Vigilant Storm exercise that will run through Friday. Courtesy of ROK Air Force
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