ibusinesslines.com March 23, 2017

North Korea denies cyberattacks, calls USA 'hacking empire'

21 March 2017, 01:57 | Erica Roy

GETTY NORTH KOREA US and South Korea are continuing war drills in the face of Kim Jong-un

North Korea's leader Kim Jong-un

In brief interaction with reporters at Mar-a-Lago, Trump said that over the weekend he held meeting with his officials on North Korea.

A rocket-engine test conducted by North Korea shows the communist state is making "meaningful progress" with its nuclear-weapons program, a South Korean defense official said Monday. The new head of state rebuked North Korea's missile tests during his trip, warning military action is "an option" for the US if it was provoked.

During a trip to Seoul and Tokyo, Tillerson also declared an end to former President Barack Obama's North Korea policy, known as "strategic patience", which centers on waiting for Pyongyang to show good faith while increasing sanctions and pressure on the regime.

The test was conducted at the Sohae launch site and meant to gauge the thrust power, and the safety and control features of the new engine design.

Last night, the North's KCNA news agency said its new rocket engine would help the state achieve world-class satellite-launch capability, indicating a new type of rocket engine for an intercontinental ballistic missile. We are exploring a new range of security and diplomatic measures.

North Korea tested a high-thrust rocket engine Sunday.

Rodong Sinmun newspaper, run by the ruling Workers' Party, said the roof collapsed as miners were launching "all-out" efforts to fulfill an order by leader Kim Jong Un to produce more ore to be used at local factories as part of the government's five-year economic development plan.

In this July 27, 2013 photo, North Korean leader Kim Jong Un waves to war veterans during a mass military parade celebrating the 60th anniversary of the Korean War armistice in Pyongyang, North Korea.

As aerospace engineer John Schilling wrote in January, North Korea's primary space launch vehicle, the Unha-3, "could be pressed into service as a crude ICBM".

The same report goes on to state that MKP, short for Malaysia Korea Partners, is being investigated for establishing The International Consortium Bank (ICB) in Pyongyang via a joint venture, the daily said.

Tillerson met with Chinese President Xi Jinping two days after saying that pre-emptive military action against North Korea might be necessary if the threat from its weapons program reaches a level "that we believe requires action".

This force, along with the country's recent development of nuclear weapons, puts the far more prosperous South Korea in a serious predicament.

"And that includes a period in which the USA provided $1.35billion (£1.08billion) in assistance to North Korea as an encouragement to take a different pathway".

Other News

Trending Now

Orient winding-up petition adjourned
Here is how fans of the Brisbane Road outfit reacted to the news this morning that they will live to fight another day. Kelly Kaye, who has been a fan for 32 years, said: It would be good if the club could be sold.

Persona 5 Amazon Orders Cancelled in Mass Due to Defect
The user than uploaded a screenshot of the email they received from Amazon after inquiring about why their order was canceled. ThisGenGaming states that these copies of the game contained a "major defect" so Amazon returned them to their manufacturer.

NHS faces 'mission impossible' with lack of funding
The combination of trying to reach these targets in addition to funding reductions is something that is now "mission impossible", Hopson explained.

WhatsApp text Status feature is back on Android, update your app now
The Add Attachment icon will be moving to the text box, which is the area where you write your messages. As a beta tester, it is your job to report these problems you encounter through giving feedback.

Janus Capital Management LLC Decreases Stake in First Solar, Inc. (FSLR)
Finally, Needham & Company LLC restated a "hold" rating on shares of First Solar in a research note on Wednesday, February 22nd. Average Revenue Estimate of the company for the current Fiscal Quarter is $6.58 Billion, according to consensus of 17 analysts.

Investor Research Report on The Medicines Company (MDCO)
The difference between the expected and actual EPS was $-0.32/share, which represents an Earnings surprise of -22.4%. Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock.

Theresa May says she will trigger Brexit next Wednesday
European Commission chief negotiator Michel Barnier will spearhead the talks with London. The European Commission said it stood ready to help launch the negotiations.