ALERT The Winds of War Blow in Korea and The Far East

jward

passin' thru
Hans Kristensen
@nukestrat
5h

I share China’s opposition to South Korea getting nukes (it would be a disaster for NPT, the region, and provide no added security for South Korea), but it’s rich coming from a country that’s holdings it’s hand over North Korea’s nukes and building up its own.
1666841213726.png
 

jward

passin' thru

jward

passin' thru
Faytuks News Δ
@Faytuks
5h

North Korea nuclear strike on American interests would mean 'end' of Kim regime, Pentagon strategy document shows - AFP
 

jward

passin' thru
We've talked this to death, but thought it wouldn't hurt to post just to put the #s on record:

Why the Japanese don’t want to make babies​


Noriko Tsuya

6-7 minutes




Japan-Couple-Family-Demgraphics.jpg
Japanese aren't as keen to start families as their predecessors. Image: Facebook

After hovering around zero growth in the late 2000s, Japan’s population has been shrinking since 2010, with the decline accelerating in recent years. Breaking its own record every year for the last 10 years, the country experienced another record population loss of 644,000 in 2020–2021.
Japan’s population is projected to shrink well into the middle of this century, dropping to an estimated 88 million in 2065 — a 30% decline in 45 years.
Japan’s rapid population shrinkage is primarily caused by persistently low fertility. Japan’s fertility rate has been declining since the mid-1970s, reaching a total fertility rate (TFR) of around 1.3 children per woman in the early 2000s. Japan’s TFR hit a low of 1.26 in 2005, but there was a modest recovery to a TFR of around 1.4 in the 2010s.

There is little out-of-wedlock childbearing in Japan. Childbirths outside of marriage have constituted around 2% of all births since the 1950s. The decline in Japan’s fertility rate is mainly due to fewer young women getting married.
While the proportion of never-married women at their peak reproductive age of 25‒34 had been stable until the mid-1970s, the proportion of single women aged 25–29 jumped from 21% in 1975 to 66% in 2020. The corresponding proportion of women aged 30–34 saw an even more dramatic jump from 8% to 39%.
Young Japanese women are increasingly reluctant to marry and have children in part due to the rapid improvement of their economic opportunities. Women’s participation in four-year college degrees began to rise rapidly in the late-1980s and reached 51% in 2020.

Japan’s demographics are graying fast. Photo: AFP / The Yomiuri Shimbun
The employment rate of young women also increased significantly. The labor participation rate of women aged 25–29 almost doubled from 45% in 1970 to 87% in 2020.
Japan’s declining marriage rate is also attributable to the persistence of traditional domestic gender roles, which place a heavy burden on women to manage housework and childcare. Japanese men’s contributions to domestic tasks remain very low and the gender imbalance in domestic labor is still notable.
The persistence of unequal gender roles at home in the face of expanding economic opportunities for women has made balancing work and family life very difficult for married women — lessening the appeal of marriage.
Out of concern about the social and economic consequences associated with prolonged low fertility and rapid population aging, the Japanese government launched a series of programs addressing low fertility (‘shoushika-taisaku’) in the mid-1990s.
The initial focus was to provide parenting assistance through increasing the provision of childcare services and advocating for a better work-life balance.

Alarmed by the slippage of fertility rates and the onset of population decline in the late 2000s, Japan’s policy efforts have become more comprehensive. Japanese governments have advocated for long-term policy assistance from birth to young adulthood.
In the 2010s, low fertility became an integral part of Japan’s overall public policy direction. Low fertility policies were incorporated into Japan’s macroeconomic policy, national land planning and regional and local development.
Despite these continuous and comprehensive efforts to increase the fertility rate, Japan’s policies have fallen short of achieving increases in fertility that would mitigate the social and economic effects of population decline and aging.
Still, Japan’s policies have halted a further slide in the fertility rate. Unlike other East Asian economies such as South Korea and Taiwan, whose TFR in 2021 dwindled to 0.81 and 1.07, respectively, Japan’s rate remained at 1.30.
A father outside the hospital meets his newborn baby wearing a face shield and his wife through the window in Satte, Saitama Prefecture on May 13, 2020. Photo: The Yomiuri Shimbun / Twitter
Japan’s experience shows how difficult it is to restore fertility to the replacement level, especially when a country has a sizable population and a persistently low birth rate.

It also seems unrealistic to counter Japan’s rapid population decline through an immediate and drastic increase in international migration by liberalizing the country’s immigration policies. The number of deaths in Japan is expected to rise in the next few decades owing to increases in the elderly population.
That means the country has no choice but to strengthen efforts to sustain and, hopefully, boost fertility. To do this, Tokyo should help women and couples balance their work and family roles to lighten the heavy social and economic costs associated with population decline.
Japan’s labor market needs to become more family-friendly, while gender roles at home must become less traditional. Even if policy efforts to make the workplace more family-friendly and the home more gender-equal fail to raise fertility and slow population decline, they will likely improve the well-being of Japanese families by improving the quality of family life.
Noriko Tsuya is Distinguished Professor at Keio University.
This article, republished with permission, was first published by East Asia Forum, which is based out of the Crawford School of Public Policy within the College of Asia and the Pacific at the Australian National University.


Why the Japanese don’t want to make babies
 

jward

passin' thru
Global: MilitaryInfo
@Global_Mil_Info
1h

North Korea has launched a ballistic missile towards the East Sea per JCS.
 

jward

passin' thru
Joseph Dempsey
@JosephHDempsey
7h
North Korea launched two apparent short range ballistic missiles.

11:59 & 12:18 (02:59 & 03:18 UTC)
▶️230km
24km

️Tongchon, Kangwon Province
View: https://twitter.com/JosephHDempsey/status/1585986243430588427?s=20&t=9Sqxt5aMtI_w_jons-voEw


Joseph Dempsey
@JosephHDempsey
9m

KN-24 SRBM and KN-25 MRLS have demonstrated similar flight data estimates in the past.

KN-24 16 Aug 2019
▶️230km
~30km

KN-25 16 Mar 2020
▶️230km
~30km

View: https://twitter.com/JosephHDempsey/status/1586092760691621889?s=20&t=9Sqxt5aMtI_w_jons-voEw
 

Housecarl

On TB every waking moment
Hummmm......from CNN......

Posted for fair use.....

Is it time to accept North Korea has the bomb?​

Paula Hancocks
Analysis by Paula Hancocks, CNN
Published 8:22 PM EDT, Fri October 28, 2022

Seoul, South KoreaCNN —
As a statement of intent, it was about as blunt as they get.

North Korea has developed nuclear weapons and will never give them up, its leader, Kim Jong Un, told the world last month.

The move was “irreversible,” he said; the weapons represent the “dignity, body, and absolute power of the state” and Pyongyang will continue to develop them “as long as nuclear weapons exist on Earth.”

Kim may be no stranger to colorful language, but it is worth taking his vow – which he signed into law – seriously. Bear in mind that this is a dictator who cannot be voted out of power and who generally does what he says he will do.

Bear in mind too that North Korea has staged a record number of missile launches this year – more than 20; claims it is deploying tactical nuclear weapons to field units, something CNN cannot independently confirm; and is also believed to be ready for a seventh underground nuclear test.

All this has prompted a growing number of experts to question whether now is the time to call a spade a spade and accept that North Korea is in fact a nuclear state. Doing so would entail giving up once and for all the optimistic – some might say delusional – hopes that Pyongyang’s program is somehow incomplete or that it might yet be persuaded to give it up voluntarily.

As Ankit Panda, a Stanton senior fellow in the nuclear policy program at the Carnegie Endowment for International Peace, put it: “We simply have to treat North Korea as it is, rather than as we would like it to be.”

Saying the unsayable​

From a purely factual point of view, North Korea has nuclear weapons, and few who follow events there closely dispute that.

A recent Nuclear Notebook column from the Bulletin of the Atomic Scientists estimated that North Korea may have produced enough fissile material to build between 45 and 55 nuclear weapons. What’s more, the recent missile tests suggest it has a number of methods of delivering those weapons.

Publicly acknowledging this reality is, however, fraught with peril for countries such as the United States.

One of the most compelling reasons for Washington not to do so is its fears of sparking a nuclear arms race in Asia.

South Korea, Japan and Taiwan are just a few of the neighbors that would likely want to match Pyongyang’s status.

But some experts say that refusing to acknowledge North Korea’s nuclear prowess – in the face of increasingly obvious evidence to the contrary – does little to reassure these countries. Rather, the impression that allies have their heads in the sand may make them more nervous.

“Let’s accept (it), North Korea is a nuclear arms state, and North Korea has all necessary delivery systems including pretty efficient ICBMs (intercontinental ballistic missiles),” said Andrei Lankov, a professor at Kookmin University in Seoul and a preeminent academic authority on North Korea.

The Israel solution​

A better approach, some suggest, might be to treat North Korea’s nuclear program in a similar way to Israel’s – with tacit acceptance.

That’s the solution favored by Jeffrey Lewis, an adjunct professor at the James Martin Center for Nonproliferation Studies at the Middlebury Institute of International Studies in Monterey.

“I think that the crucial step that (US President Joe) Biden needs to take is to make clear both to himself and to the US government that we are not going to get North Korea to disarm and that is fundamentally accepting North Korea as a nuclear state. You don’t necessarily need to legally recognize it,” Lewis said.

Both Israel and India offer examples of what the US could aspire to in dealing with North Korea, he added.

Israel, widely believed to have started its nuclear program in the 1960s, has always claimed nuclear ambiguity while refusing to be a party to the nuclear Non-Proliferation Treaty, while India embraced nuclear ambiguity for decades before abandoning that policy with its 1998 nuclear test.

“In both of those cases, the US knew those countries had the bomb, but the deal was, if you don’t talk about it, if you don’t make an issue out of it, if you don’t cause political problems, then we’re not going to respond. I think that’s the same place we want to get to with North Korea,” Lewis said.

Denuclearization: ‘Like chasing a miracle’​

At present though, Washington shows no signs of abandoning its approach of hoping to persuade Pyongyang to give up its nukes.

Indeed, US Vice President Kamala Harris underlined it during a recent visit to the DMZ, the demilitarized zone between North and South Korea.

“Our shared goal – the United States and the Republic of Korea – is a complete denuclearization of the Korean Peninsula,” Harris said.

That may be a worthy goal, but many experts see it as increasingly unrealistic.

“Nobody disagrees that denuclearization would be a very desirable outcome on the Korean Peninsula, it’s simply not a tractable one,” Panda said.

One problem standing in the way of denuclearization is that Kim’s likely biggest priority is ensuring the survival of his regime.

And if he wasn’t paranoid enough already, Russia’s invasion of Ukraine (in which a nuclear power has attacked a non-nuclear power) will have served as a timely reinforcement of his belief that “nuclear weapons are the only reliable guarantee of security,” said Lankov, from Kookmin University.
 

jward

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Indo-Pacific News - Geo-Politics & Military News
@IndoPac_Info
3h
#India plans military drill with #US near #China border

Exercises before year's end includes Malabar naval drills, infantry exercises with Australia & 3 Asean countries & high-altitude warfare drills with the US near the Line of Actual Control with China.



India plans military drill with US near China border
Rajat Pandit
4 minutes

NEW DELHI: India has lined up a flurry of combat exercises before this year ends to further bolster military interoperability with friendly countries, which includes the Malabar quadrilateral naval wargames off Japan, infantry exercises with Australia and three Asean countries, and high-altitude warfare drills with the US near the Line of Actual Control with China.
Warships, submarines, fighters, aircraft and helicopters will be deployed by India, the US, Japan and Australia off Yokosuka in Japan from November 8 to 18 for the top-notch Malabar exercise, with the four `Quad’ countries having firmly declared their intent to deter any `coercion’ in the Indo-Pacific with an eye on China’s aggressive expansionist policies in the region.
Earlier this month, the new national security strategy (NSS) of the US said China was its only competitor with both the “intent and capability” to reshape the international order. “As India is the world’s largest democracy and a major defense partner, the US and India will work together, bilaterally and multilaterally, to support our shared vision of a free and open Indo-Pacific,” it added.
The Quad and AUKUS, the trilateral pact among the US, UK and Australia to help Canberra acquire nuclear submarines, are important components of this policy to counter China’s expanding footprint in the Indo-Pacific.

While dispatching multi-role stealth frigate INS Shivalik, anti-submarine corvette INS Kamorta and a P-8I long-range maritime patrol aircraft for the Malabar exercise, which will be preceded by Japan’s international fleet review, India is also gearing up for the major land exercise with the US.
The battalion-level `Yudh Abhyas' exercise between the Indian and US armies will be held at Auli in Uttarakhand, barely 100 km from the LAC with China, from November 15 to December 2. This comes shortly after elite Special Forces of the two countries conducted the `Vajra Prahar’ exercise at Bakloh in Himachal Pradesh in August.

Peace and tranquility at border essential for progress in India-China relations: EAM Jaishankar tells envoy

Peace and tranquility at border essential for progress in India-China relations: EAM Jaishankar tells envoy

“With around 350 soldiers from each side, Yudh Abhyas will witness employment of integrated battle groups in mountains and extreme cold climate, along with heliborne elements and an integrated surveillance grid,” an officer said.
With India also steadily enhancing military ties with Australia, which included participation in the recent `Pitch Black’ air combat exercise at Darwin, their armies will now also conduct the first-ever `Austra-Hind’ infantry combat exercise at the Mahajan field firing ranges in Rajasthan from November 28 to December 11. “It will promote the capability to operate together in semi-desert terrain,” he added.

Then, in continuation of the military outreach to Asean countries, India on Wednesday kicked off the SIMBEX naval exercise with Singapore in the Bay of Bengal, while their armies will conduct the `Agni Warrior' exercise at Deolali from November 13 to November 30. The Indian Army will also undertake the `Harimau Shakti' exercise in Malaysia from November 28 to December 13 and the `Garud Shakti’ in Indonesia from November 30 to December 15.
“All such exercises build strategic cooperation and military interoperability with like-minded countries, with the armed forces also getting the opportunity to improve combat skills and operational tactics,” said another officer.
 

Housecarl

On TB every waking moment
Hummm......

Posted for fair use.....
(For images please see article source. HC)

HERMIT KINGDOM

Would North Korea Ever Turn Its Nuclear Missiles On China?​

1945-logo-4-100x100.jpg

By Diana Myers
Published 1 day ago

The Other North Korea Nuclear Threat: Chinese President Xi Jinping has stipulated a “three nos” policy for the Korean Peninsula: no war, no chaos, and no nuclear weapons. So far, he’s two for three. In fact, Beijing has largely been willing to overlook North Korea’s growing nuclear arsenal based on the assumption it does not pose a direct threat to China. The risk, however, is that Beijing’s very commitment to the “three nos” might one day render this assumption false. If the North Korean government was poised to collapse, or to launch an attack on South Korea, Beijing would be tempted to intervene in order to prevent chaos or war. In doing so, they might also seek to forcibly secure North Korea’s nuclear weapons. Which is exactly when Pyongyang would be tempted to use them against China.

The China-North Korea alliance is contentious. North Korean Supreme Leader Kim Jong-un has always been leery of China’s true intentions and suspicious of Beijing’s attempts to control North Korea. The cracks in the alliance have deepened in the last seven decades and will likely continue to do so as Kim builds and tests more nuclear weapons against Beijing’s wishes. The Hermit Kingdom’s juche ideology stresses self-reliance not only in relation to the Western world but also in relation to its dependence on Chinese protection. For Kim, nuclear weapons are the ultimate form of self-reliance. What’s more, his regime’s ideology is explicitly anti-sadae, meaning that it opposes serving the needs of great powers. This also includes serving China in return for protection against other foes. In 2018, a high-profile member of the North Korean elite declared that “although Japan is a century-old enemy [of North Korea], China is a thousand-year-old enemy.”

Recognizing the volatility of Pyongyang’s relationship with Beijing does not necessarily mean that China will be eager to work with the United States to contain North Korea. Rather it increases the risks that any military contingency on the peninsula poses for U.S. and South Korean forces — both of getting caught in a nuclear crossfire and of inadvertent escalation with China. To forestall this risk, Washington and Beijing should lay the groundwork for improved communication and coordination in any future Korean contingency.

When Would North Korea Be a Threat to China?


Beijing has long feared that a conflict on the Peninsula would create collateral damage for China, such as a North Korean refugee crisis and even the possibility of radioactive fallout floating into Chinese territory. However, Beijing has avoided addressing the possibility that Kim’s nuclear weapons could pose a direct threat during a future Korean contingency where Beijing intervenes as a third-party actor.

As Beijing continues its path toward regional and global preeminence, having a bellicose nuclear neighbor with little respect for its “big brother” does not help — particularly when that neighbor’s nuclear activities risk pushing other neighbors to go nuclear. In the words of Andrew Scobell, a senior political scientist at the RAND Corporation, Beijing sees Pyongyang as a “troubled teenager lacking adult supervision who lives right next door in a decrepit old house with a large arsenal of lethal weapons” and whose “strong self-destructive tendencies” might damage China’s “newly remodeled mansion.”

Nonetheless, Beijing knows that it can do little to curb Kim’s relentless nuclear ambitions, so it seeks to maintain the status quo. Beijing hopes to remain on amenable terms with its uncontrollable “little brother” in the hopes of preserving stability within North Korea and preventing regime collapse. However, this strategy may have an impending expiration date.

Were Kim to launch a diversionary attack on South Korea to avert an internal coup, Beijing would almost certainly intervene to secure its interests. China has made it clear that it will not be coming to North Korea’s aid if Pyongyang initiates a conflict against South Korea and the United States. Instead, China would be concerned about the collateral damage, as well as the U.S. military response this would invite. Therefore, the best course of action for Beijing would be to either prevent or contain a North Korean attack.

But Beijing’s lack of support for Pyongyang — let alone a potential effort to prevent an attack against Seoul — would create further tension and distrust. Kim may even worry that Beijing would take advantage of a conflict by attempting to install a puppet leader or expand its territory by sending forces into North Korea under the guise of stabilization.

Pyongyang has good reason to be concerned about this. Prominent Chinese military authors have argued that commanders should use crises as “windows of opportunity” to advance national interests. Beijing may feel compelled to take advantage of Kim’s vulnerability to create more favorable conditions. But having China, a thousand-year enemy of the Korean people, take over North Korea could be just as, if not more, unacceptable to Kim than having the United States do so. Under such circumstances, Kim may conclude it is necessary to threaten Beijing with nuclear weapons to deter Chinese intervention.

The Case for Entering Nuclear Threshold

Of course, Beijing would likely be quick to try to seize or destroy Pyongyang’s nuclear weapons during any North Korean contingency. However, Beijing should not be so quick to assume that such intervention will not be met with strong pushback. The People’s Liberation Army is vastly superior to the Korean People’s Army, but this is exactly why the Kim family has built weapons of mass destruction. Nuclear weapons have become the regime’s ultimate tool to thwart great power influence and maintain its sovereignty. Moreover, unless Beijing has exceptional intelligence and knows exactly where all of Kim’s nuclear weapons are, Chinese forces may not be able to seize or destroy all of them. This would leave Pyongyang with the opportunity to strike back against Beijing with some of its remaining forces.

Would Kim really dare to do so when Beijing maintains clear nuclear superiority? It’s possible. After all, Washington still considers Pyongyang’s nuclear weapons a threat despite America’s substantial nuclear superiority. Moreover, nuclear parity and superiority may not be as salient when Pyongyang can hold one to two major targets hostage to deter intervention. To establish deterrence, Kim simply needs to be able to threaten unacceptable losses and communicate his willingness to follow through. The nuclear asymmetry between the United States and North Korea has not prevented Kim from building more weapons, nor has it prevented Kim from threatening to use them against the United States. Moreover, Pyongyang has many more short-range and medium-range ballistic missiles than it does intercontinental ballistic missiles, and Beijing is geographically closer than Washington.

The regime’s aggressive push to amass a more expansive and capable nuclear arsenal signals its desire to double down on this strategy. Some experts estimate that Kim could have more than 200 nuclear warheads by 2027. As North Korea develops survivable retaliatory strike capabilities, Pyongyang can engage in more saber-rattling against both Washington and Beijing. On the precipice of regime failure, Kim might well be inclined to follow through on these threats. Kim’s nuclear weapons are synonymous with his survival, and any power that attempts to take them away would be operating under Kim’s nuclear shadow. Indeed, the risk is all the higher, because so far Chinese security experts have not taken the nuclear threat against Beijing seriously.

Why Should the United States Care About This?

Despite both having cause for concern, Beijing and Washington are no closer to seeing eye-to-eye on North Korea. Recently, one former U.S. Forces Korea commander argued that China needs to be included in future war plans for the peninsula. But the ongoing strategic competition between the United States and China makes political cooperation in a future North Korea contingency difficult. However, the failure to plan a contingency that includes the threat or actual use of nuclear weapons against China could lead to catastrophic results for all parties. Moreover, as Beijing continues to expand its economic and political influence in the region, the stakes for having a stable and conflict-free Korean Peninsula will become even higher. Therefore, strategists in Beijing and Washington should both be thinking about how to deal with an increasingly bellicose Kim armed with plenty of nuclear — not to mention chemical and biological — weapons.

Some optimists may conclude that the risk of Kim targeting China is simply another problem for Beijing. But it is just as important to examine the dangers for the Combined Forces Command as well. If U.S. and Korean soldiers find themselves caught in the crossfire between China and Korea, this could lead to serious collateral damage. Moreover, lack of coordination and communication between China and the Combined Forces Command during a nuclear crisis could even lead to inadvertent escalation. For instance, Beijing might mistakenly believe that Combined Forces Command anti-missile capabilities aimed against North Korea were targeting Chinese forces — a risk that was already demonstrated during the 2016 THAAD disputes.

Chinese intervention in a future North Korean contingency creates both problems and opportunities for the United States. If China can see that Pyongyang’s nuclear weapons directly threaten its own national security, it could take North Korea’s nuclear threat more seriously. Washington and Beijing could then share the burden of containing Kim’s nuclear ambitions, perhaps even working together to build future contingency plans for the peninsula. Conversely, if Beijing sees Pyongyang’s nuclear weapons as a threat, but decides to continue formulating its own plans for a future North Korean contingency, there is still considerable value in pushing for improved communication. Considering Beijing and Washington’s competing interests and deepening distrust for each other, mitigating the risk of accidental escalation and collateral damage should be a priority for both sides.

Diana Y. Myers is a former Air Force Ph.D. fellow at the RAND Corporation and holds a Ph.D. in public policy analysis. A more detailed analysis of this issue can be found in her doctoral dissertation, “Thinking About the Unthinkable: Examining North Korea’s Evolving Military Threat Against China.” She currently serves as an active-duty officer in the United States Air Force.

The opinions presented in this article are entirely her own and do not represent the views of the U.S. Air Force or of the U.S. government.


11 Comments​


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vector7

Dot Collector
JUST IN - North Korea demands the United States to stop its "aggressive" war exercises immediately.
View: https://twitter.com/disclosetv/status/1587147190333497347?s=20&t=OY0Nrl4pqpHZSrkHbYey5w
IF UNITED STATES PERSISTS IN "MILITARY PROVOCATIONS," NORTH KOREA WILL "TAKE INTO ACCOUNT MORE POWERFUL FOLLOW-UP MEASURES" - KCNA
View: https://twitter.com/FirstSquawk/status/1587145414905856000?s=20&t=U6giYpAdO2kALLjw9jZvXA
 

jward

passin' thru
BREAKING: Joint military exercises between the US and South Korea show that the "US nuclear war scenario against North Korea has entered the final stage", North Korea's Foreign Ministry - KCNA

North Korea accuses the US & South Korea of "ceaseless and reckless military moves" - KCNA
 

jward

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Global: MilitaryInfo
@Global_Mil_Info
1h

A spokesman for the DPRK Foreign Ministry has said that if the U.S. does not stop the war exercises at once, the DPRK will take into account more powerful follow-up measures which will cause serious developments not suited to the United States security interests.
 

jward

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Russia, China may be preparing new gold-backed currency, but expert assures US dollar 'safest' currency today​


Peter Aitken


Cryptocurrency 'here to stay': Brock Pierce


Bitcoin Foundation Chairman Brock Pierce discusses the cryptocurrency market, its influence on politics, and provides an outlook of the market on 'Cavuto: Coast to Coast.'

China and Russia may be working toward a new gold-backed currency in a move that would aim to dethrone the dollar as the primary reserve currency of the world, but any such currency would unlikely achieve that goal.

"The USD remains the safest, most convenient and most widely used currency in Asia and in the world today," Min-Hua Chiang, a research fellow and economist at the Heritage Foundation’s Asian Studies Center, told FOX Business. "No other currency (backed by gold or otherwise) is comparable, and that is unlikely to change in the near future."
Neither country has officially confirmed plans for such a currency, but China earlier this year started to buy up huge quantities of gold at the same time that Russia was forced off the dollar due to sanctions in response to the invasion of Ukraine. The war also led to the steepest discount on gold prices in years.

Some experts caution that these moves, along with the closer relationship that has developed between Moscow and Beijing as the rest of the world has isolated Russia after the invasion, point to the likelihood of China attempting to launch a new currency with gold backing it.

THE STRONGEST US DOLLAR IN 20 YEARS IS A DOUBLE-EDGED SWORD
The idea of a joint Russo-Sino currency has periodically surfaced over the past decade, especially after the Russian Central Bank opened its first overseas office in Beijing in 2017.

Craig Singleton, Senior Fellow at the Foundation for Defense of Democracies, noted that Chinese leaders have spoken for two decades about reforming the global financial system and weakening the dollar’s dominance.
"Two components in that strategy center around the development of a Yuan-based global commodities trading system and efforts by China, in partnership with Russia and other like-minded countries, to challenge dollar dominance by creating a new reserve currency," Singleton told Fox News Digital.

CRYPTO BROKER NYDIG CUTS ONE-THIRD OF STAFF IN NEW FOCUS
"In essence, Beijing and Moscow are seeking to build their own sphere of influence and a unit of currency within that sphere, in effect inoculating themselves from the threat of U.S. sanctions," he added.
But the record amount of gold that China has purchased has raised some eyebrows, even as the trend remains under the radar for mainstream media: Swiss gold exports to China hit a five-year high, with Beijing in July alone receiving 80.1 tons of gold valued at around $4.6 billion – more than double the 32.5 tons it bought in June and the second-highest monthly total since 2012, according to Reuters.


Inflation drives gold demand. REUTERS/Mike Segar (UNITED STATES) (REUTERS/Mike Segar (UNITED STATES) / Reuters Photos)
International Financial Statistics from March 2022 indicated that China may have the seventh-most gold stores, with more coming every month.
Francis Hunt, a trading expert, told Asia Markets that using gold to back the currency would be the best way to build confidence in said currency, and that currency may be digital in nature to give China a greater scrutiny over its citizens’ activity.
CALENDAR OF FORMER OFFICIAL PROVIDES INSIGHT INTO SEC REGULATORY INTENT, SATOSHI STUMBLE
But Chiang downplayed the potential success of a new currency due to the "relatively small trade volume" that would limit its growth, and that a digital currency would prove difficult to promote.
"Even if both countries use a new currency for bilateral trade transactions, the relatively small trade volume between will limit the impact on the U.S. dollar," Chiang argued, noting that a multinational currency, like the Euro, requires "a level of political and economic coordination and integration that is not present in Asia today."

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"The appeal will be limited," Chiang said. "Consider that in August 2022, 43% of global payments were conducted in USD, followed by 34% in Euro. RMB accounted for just 2% of total global payments according to RMB Tracker."

CLICK HERE TO READ MORE ON FOX BUSINESS
"The RMB is gaining some ground, but it is still leagues behind the USD and Euro," she concluded, adding that "foreigners’ confidence towards China’s and Russia’s economic prospects (or lack thereof) is a key limitation" to any potential joint currency.
 

jward

passin' thru

U.S. does not and will not recognize N. Korea as nuclear state: State Dept. | Yonhap News Agency​


변덕근

2-3 minutes



WASHINGTON, Oct. 31 (Yonhap) -- The United States does not and will not recognize North Korea as a nuclear weapons state as it seeks to completely denuclearize the Korean Peninsula, a state department spokesperson said Monday.
"That is not our policy. I do not foresee that ever becoming a policy," Ned Price told a press briefing when asked about the possibility of the U.S. ever recognizing North Korea as a nuclear state.

Department of State Press Secretary Ned Price is seen speaking in a daily press briefing at the department in Washington on Oct. 31, 2022 in this image captured from the department's website. (Yonhap)
The remarks come as North Korea is widely anticipated to conduct a nuclear test, its seventh, in the near future.
Price has said Pyongyang continues to prepare for a nuclear test and that a test could take place "at any point."
North Korea conducted its sixth nuclear test in September 2017.
"There has been no change to U.S. policy. Our DPRK policy remains the complete denuclearization of the Korean Peninsula," the spokesperson said when asked if the U.S. may consider engaging in arms control dialogue with the North.
DPRK stands for the Democratic People's Republic of Korea, the North's official name.
The department spokesperson, however, reiterated that the U.S. remains open to dialogue with Pyongyang without any "preconditions."
"We, of course, would like to see the DPRK engage in serious, substantial dialogue on this. Until now, they have not done so. We have made clear we don't have preconditions for dialogue," said Price.
"It sounds like the DPRK may be in a different position, but we believe that by engaging in dialogue and diplomacy we can most effectively bring about what is our ultimate objective and that is the complete denuclearization of the Korean Peninsula," he added.
 

jward

passin' thru
I guess this is another promise for nuke test?

N. Korea urges U.S. to stop joint air drills with S. Korea, warns of 'more powerful' actions​



SEOUL, Nov. 1 (Yonhap) -- North Korea warned Tuesday that it could stage "more powerful follow-up measures" if the United States continues "military provocations," citing its large-scale combined air exercise with South Korea.
A spokesman at the North's foreign ministry denounced the ongoing combined air drills by the allies, called Vigilant Storm, as "ceaseless and reckless" military provocations.
The exercise is "a war drill for aggression mainly aimed at striking the strategic targets of the DPRK in case of contingency in the Korean Peninsula," the unnamed spokesman said in an English language statement carried by the Korean Central News Agency. I guess this is another promise for nuke test?
DPRK is the acronym of North Korea's official name, the Democratic People's Republic of Korea.
The allies on Monday kicked off their first massive joint air drills in nearly five years, with more than 240 aircraft, including stealth jets, mobilized, over the skies of the peninsula amid growing speculation that Pyongyang may conduct a nuclear test soon. The exercise is to run through Friday.

The North's official warned that Pyongyang is "ready to take all necessary measures for defending its sovereignty, people's security and territorial integrity from outside military threats."
"If the U.S. continuously persists in the grave military provocations, the DPRK will take into account more powerful follow-up measures," the spokesman said.

North Korea has long denounced joint military drills between Seoul and Washington as a rehearsal for invasion, calling on Washington to end its "hostile" policy. The allies stress that the exercises are defensive in nature.
The five-day combined air drills came after a series of provocations by Pyongyang in recent weeks, including its firing of two short-range ballistic missiles into the East Sea on Friday and the latest launches of artillery shells.

This photo, taken Oct. 31, 2022, shows an EA-18 electronic warfare aircraft dispatched for large-scale joint air drills between South Korea and the United States, called Vigilant Storm, at Osan Air Base in Pyeongtaek, 65 kilometers south of Seoul. (Yonhap)


sooyeon@yna.co.kr
(END)
 

jward

passin' thru
is this new? or are they gonna blow up some more o' there stuff in another show o' force in response???

Faytuks News Δ
@Faytuks
11m

BREAKING: South Korea closes some air routes in the sea off it's east coast after North Korean missile fire, South Korea's transport ministry says
 

jward

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Insider Paper
@TheInsiderPaper
·
1h
BREAKING: South Korea president says North Korean missile launch 'effectively a territorial invasion' - AFP
 

jward

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Global: MilitaryInfo
@Global_Mil_Info
4m

A senior spokesperson for South Korea's ruling political party stated that the most recent North Korean provocation can be regarded as a direct attack on South Korea and they (NK) should pay a corresponding price for its reckless provocation.
 

jward

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Vincent Lee
@Rover829
2h

The thing to keep in mind with the North Korean missile launches etc is they are the prelude to the main event, which could come in the form of a seismic event of 4.0+@ magnitude at zero km depth in northeastern North Korea
 

jward

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Faytuks News Δ
@Faytuks
1m

NEW: North Korea fires over 100 shells into the east sea buffer zone in the Gangwongo province area, South Korea's JCS says
 

Housecarl

On TB every waking moment
Hu Xijin 胡锡进
@HuXijin_GT
China state-affiliated media

The PLA's Dongfeng missiles definitely fly faster than the B-52 bombers. If Australia wants to become a “big Guam,” then it must bear the corresponding strategic risks.
View: https://twitter.com/HuXijin_GT/status/1587166294079852544?s=20&t=vVr898DXCogb4aKPnKEQkA
As if they didn't already?....That CCP mouthpiece needs to look back at their past missives.....
 

danielboon

TB Fanatic

South hits back as North Korea fires most missiles in a day​

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      15 minutes ago
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People watch a TV broadcasting a news report on North Korea firing ballistic missiles into the sea, in Seoul, South Korea, November 2, 2022.
IMAGE SOURCE,SHUTTERSTOCK
North and South Korea have fired a number of missiles into waters near each other's coasts in a marked escalation of hostilities.
The North launched its most missiles in a single day - at least 23 - including one that landed less than 60km (37 miles) off the South's city of Sokcho.
Seoul responded with warplanes firing three air-to-ground missiles over the disputed maritime demarcation line.
Later Pyongyang fired six more missiles and a barrage of 100 artillery shells.
The North says the launches are in response to large-scale military exercises current being held by South Korea and the United States, which it calls "aggressive and provocative".
On Tuesday, Pyongyang warned they would pay "the most horrible price in history" if they continued their joint military drills, seen as a veiled threat to use nuclear weapons. The North has tested a record number of missiles this year as tensions have risen.


Wednesday's exchanges began with missile launches by Pyongyang into waters close to South Korea, triggering air raid sirens on Ulleung, an island controlled by Seoul. Residents there were told to evacuate to underground shelters.
One ballistic missile crossed the Northern Limit Line (NLL), a disputed maritime border between the Koreas.
It landed outside South Korea's territorial waters but it is the closest a North Korean missile has come.
map

Seoul called it an "unacceptable" breach of its territory.
Officials in the South said the air-to-ground missiles fired by its military landed a similar distance past the NLL off the North's coast.
The tit-for-tat launches come as attention is focused on South Korea during a period of national mourning, following the crowd crush in Seoul at the weekend which killed more than 150 people.


South Korean military officials at first said the missile the North had fired over the NLL was one of at least 10 launched in both east and west directions on Wednesday morning.
They later updated the North's tally for the day to 23 launches - seven short-range ballistic missiles and 16 other missiles, including six surface-to-air ones.
The missile that came nearest South Korea was launched before 09:00 (00:00 GMT) and landed about 26km south of the de facto border, 57km east of the coastal town of Sokcho and 167km north-west of Ulleung island.
The launch was picked up immediately by South Korean and Japanese authorities, who swiftly condemned the escalation from Pyongyang.
South Korea's military said it was the first time since the division of the Korean peninsula following the 1950-53 Korean War that a ballistic missile had "landed south of the NLL near our territorial sea".
President Yoon Suk-yeol - who has made it his policy to take a tough line on North Korea - labelled it an "effective territorial invasion", although the missile landed outside South Korean territorial waters, vowing a "swift and firm response".

Under international law, countries can only establish territorial claim to 12 nautical miles of sea off their coastline.
Tensions have been rising this year - the peninsula has already witnessed more than 50 missile launches from North Korea in 2022, including one ballistic missile that passed over Japan.
On Monday, a US nuclear-powered submarine arrived off the coast of South Korea to take part in the latest in a series of joint US-South Korean drills, which began in August.
Dubbed "Vigilant Storm", they are the largest exercises Seoul and Washington have ever held, involving hundreds of military aircraft from both sides. South hits back as North Korea fires most missiles in a day
 

jward

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Indo-Pacific News - Geo-Politics & Military News
@IndoPac_Info
3h

Secret #Chinese ‘Police Stations’ To Be Investigated in the #UK UK to step up work to prevent “transnational repression” as police investigate 3 police stations that harass political dissidents, 2 in London (in Hendon & Croydon) & 1 in Glasgow, the U.K. security minister said.
View: https://twitter.com/IndoPac_Info/status/1587801855563730945?s=20&t=KNVn4pXjZzL-9mlQUddSRw
 

jward

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First on CNN: US accuses North Korea of trying to hide shipments of ammunition to Russia​


Kylie Atwood, Katie Bo Lillis




Washington CNN —

The US is accusing North Korea of secretly supplying Russia with artillery shells for the Ukraine war by concealing where they are being transported to, according to newly declassified intelligence.

US officials believe that the surreptitious North Korean shipments – along with drones and other weaponry that Russia has acquired from Iran – are further evidence that even Moscow’s conventional artillery arsenals have dwindled during eight months of combat. North Korea is trying to hide the shipments by making it appear as if the ammunition is being sent to countries in the Middle East or North Africa, the intelligence says.

The recent intelligence comes about two months after the US intelligence community said that it believed Russia was in the process of buying millions of rockets and artillery shells from North Korea for use on the battlefield, CNN and other outlets reported at the time.

“In September, the (Democratic People’s Republic of Korea) publicly denied that it intended to provide ammunition to Russia,” the National Security Council coordinator for strategic communications John Kirby said in a statement to CNN. “However, our information indicates that the DPRK is covertly supplying Russia’s war in Ukraine with a significant number of artillery shells, while obfuscating the real destination of the arms shipments by trying to make it appear as though they are being sent to countries in the Middle East or North Africa.”

Officials did not provide evidence to support the new allegations. The declassified intelligence also did not provide details about how many weapons are part of the shipments, or how they would be paid for.

“We will continue to monitor whether these shipments are received,” Kirby said, noting that Russia has continued to look to actors like North Korea and Iran to sustain its aggressive war in Ukraine “amid supply shortages and the efficacy of international sanctions.”

American officials, however, have publicly touted the alleged deal as evidence that Russia is running out of weapons to continue the war.

As recently as two weeks ago, Director of National Intelligence Avril Haines argued that “export controls are forcing Russia to turn to countries like Iran and North Korea for supplies, including UAVs, artillery shells and rockets.”

Kirby said on Wednesday that the support from Iran and North Korea is “not going to change the course of the war,” with the US remaining committed to providing Ukraine with continued security assistance.

But the shipments may now help Russia to bolster an important part of its war effort: a grinding artillery fight on the front lines.

“It could be significant development because one of the challenges for Russia has been sustaining artillery fire,” said Michael Kofman, the director of the Russia Studies Program at the Center for Naval Analyses, who emphasized he had no knowledge of the underlying intelligence. “The Russian army has likely gone through millions of shells at this point.”

Russia has been “offsetting a deficit of manpower with much higher output of fires,” Kofman said, a strategy that he said has “likely been very costly on ammunition supplies” and has left Russia, like Ukraine, scouring the globe for countries with Soviet-caliber artillery supplies that are compatible with its systems in order to sustain the war.

In the weeks before the new intelligence was acquired, some military and intelligence officials were beginning to believe that North Korea was backing away from its agreement to provide weaponry to Russia, multiple officials explained to CNN.

Some officials had begun to tout it as a victory for the Biden administration’s strategy of selectively declassifying and publicizing some classified intelligence on Russia’s pursuit of the war, believing that when the United States made the deal known, it shed an unwelcome light on a transaction that Pyongyang did not want disclosed.

But now, US officials say that despite North Korea’s denials, they believe the rogue regime has moved ahead with its support for Moscow as the war appears poised to grind into its second year.

US officials have argued publicly that Russia has been forced to turn to North Korea and Iran for weaponry both because it has burned through its stockpiles in a conflict that has stretched many months longer than anticipated and because US and western export controls have made it more difficult for Russia to acquire the technological components it needs to rebuild its stocks on its own.

US officials have said they will work to expose and counter the shipments to Russia from Iran and North Korea and target the networks that enable these shipments, but they have not explicitly laid out how they plan to do that.

State Department spokesperson Ned Price said on Tuesday that the US military “has engaged in interdictions” of weapons shipments in the past, but would not say if interdictions are being considered as weapons flow into Russia.

The new intelligence that Russia is acquiring artillery shells from North Korea suggests that its shortages run deeper than just more sophisticated, precision-guided munitions, which US and western officials have long emphasized is a weak point in the Russian arsenal. It also extends to basic artillery.

“The Russians, by many accounts, are really wearing thin when it comes to some of those inputs that it needs to prosecute its war on Ukraine,” Price said on Tuesday, pointing to export controls and sanctions that have starved Russia of the inputs to make certain weapons.

The precise state of of Russia’s conventional munitions stocks isn’t publicly known, but Russia is “burning through tens of thousands of rounds a day,” said Adam Mount, the director of the Defense Posture Project at the Federation of American Scientists, who specializes in North Korea. “They’re anxious for ammunition anywhere they can get it.”

Over the summer, Russia was able to make some grinding progress in parts of Ukraine through a punishing artillery campaign. But since then, western-provided artillery has contributed to a successful counteroffensive push by Ukraine that has retaken large swaths of territory previously held by Russia.

North Korea would likely be able to provide Russia with 122- or 152-millimeter artillery shells and either tube artillery or multiple-rocket-launcher artillery that would be compatible with Russia’s systems, said Bruce Klingner, a former Korea analyst at the CIA who is now at the Heritage Foundation.

But for now, it’s unclear how impactful North Korea’s artillery shells will be to Russia on the battlefield.

In 2010, North Korea fired 170 122-millimeter shells at South Korea’s Yeonpyeong Island. Fewer than half hit the island, and of those, about a quarter failed to detonate – a high failure rate that “suggests that some DPRK-manufactured artillery munitions, especially (multiple rocket launcher) rounds, suffer from either poor quality control during manufacture or that storage conditions and standards are poor,” according to a 2016 report from the Center for Strategic and International Studies.

“The last time that they made use of these systems showed that their systems were fairly inaccurate,” Mount said. “You’d expect these Soviet-era systems are aging so they will start to break down.”
 
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