Tuesday, 13 October 2009

Monday, October 12, 2009

 

Intelligence Confirms China Confidential Prediction: North Korea Preparing to Test-Fire More Missiles


The Stalinist/Kimist state is preparing to test-fire more short-range missiles. 

Reuters reports: 

North Korea may be preparing to launch more short-range missiles a day after it fired a barrage off its east coast, South Korea's Yonhap news agency said on Tuesday, quoting a government source.

The launches come as the reclusive communist state has signaled to the outside world that it might return to talks on ending its nuclear arms program and made overtures to the South for working-level dialogue amid chilled ties.

Indications of the additional launches are coming from the western part of the Korean peninsula, Yonhap quoted the source as saying. North Korea has issued a warning for vessels to stay out of waters off its coasts, Japan's coast guard and Yonhap said.

Continue here.

 

China Bans Foreign Investment in Online Gaming

What's behind the move? A perceived need for increased control over online businesses. Click here for the story.

 

China Moving to Consolidate Steel Industry

Foreign firms could benefit from lower taxes and capacity cuts, as reported here.

 

Hong Kong Leader Criticized for Extradition

A Chinese dissident was illegally extradited to the mainland--and tortured. Click here for the story.

 

China, Russia Ready to Sign Major Agreements

The two former Communist rivals are closer than ever, about to ink billions of dollars in deals. Click here for the story.

 

North Korea Fires Short-Range Missiles


North Korea is again challenging the international community with provocative missile tests. Reuters reports:

North Korea test-fired short-range missiles on Monday, South Korean media reported, sparking consternation just as the reclusive state had been signaling to the outside world it might return to nuclear talks.

U.S. Secretary of State Hillary Clinton, reacting to the reported launches, said Washington would continue to work toward a nuclear-free Korean peninsula, while a Russian official expressed bewilderment.

Continue here.

China Confidential analysts say the launch was timed to mar the U.S. observance ofColumbus Day, a national holiday.

Analysts expect the North to launch more missiles and to maybe even detonate another nuclear device in order to extract concessions from its adversaries and divert attention from the nuclear and missile programs of the Stalinist/Kimist state's Islamist ally, Iran.