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North Korea tested “multiple rocket launchers and tactical guided weapons,” state media confirmed Saturday, the first comments on a launch that has further raised military tensions.
Kim Jong Un personally “gave an order of firing” of the projectiles into the sea off North Korea’s east coast, the state-run Korean Central News Agency reported.
Pictures posted in North Korean state media show Kim peering through binoculars during the launch, then smiling as he points at a screen apparently showing an island target being destroyed.
Analysts say one of the weapons fired appears to be a newly developed short-range ballistic missile. If confirmed, it would be the first North Korean missile test in a year and a half.
“The purpose of the drill was to estimate and inspect the operating ability and the accuracy of striking duty performance of large-caliber long-range multiple rocket launchers and tactical guided weapons,” KCNA reported.
The test is North Korea’s latest attempt to gradually increase pressure on and signal its frustration with the United States and South Korea, since the breakdown of nuclear talks.
Pyongyang’s statement did not contain any explicit threats or even mentions of the United States or South Korea. Seoul on Friday condemned the launch as needlessly provocative and a violation of an inter-Korean military agreement.
Missile or projectile?
There had been confusion about the exact type of weapons North Korea launched. South Korea’s defense ministry initially characterized the launch as a “short-range missile” test. Later statements referred to the weapons as “projectiles.”
“That’s no projectile,” Jeffrey Lewis, a researcher at the Middlebury Institute of International Studies, said in a tweet. “That’s the new SRBM (short-range ballistic missile) that North Korea paraded in February.”
At least externally, the missile appears similar to the Iskandar, a short-range, ballistic missile developed by Russia, analysts say.
Under a series of United Nations Security Council resolutions, North Korea is banned from conducting ballistic missile launches. Seoul says the weapons traveled from 70-200 kilometers, which would be classified as a short-range test.
North Korea has not carried out a missile test since November 2017. The self-imposed moratorium has helped facilitate nuclear talks with U.S. President Donald Trump.
In Kim’s view, the moratorium, which was never formalized, does not cover short-range tests. But by launching multiple short-range projectiles, Kim may be attempting to test the limits of how Washington interprets that moratorium.
Last month, North Korea said it tested a “tactical guided weapon.” Commercial satellite images have also detected increased activity at some North Korean nuclear and satellite launch facilities in recent weeks.
Trump: Deal still possible
So far, Trump has played down the provocations. But he has also not signaled a change in his negotiating stance. Reacting to the latest test, Trump said he still believes a nuclear deal with North Korea is possible.
Trump and Kim have held two summits over the past year. At the first meeting, in Singapore, both men agreed to work “toward the complete denuclearization of the Korean Peninsula.” But U.S. officials later acknowledged the two sides never agreed on what that means.
At the second meeting in Vietnam, Trump rejected Kim’s offer to dismantle a part of North Korea’s nuclear program in exchange for major sanctions relief. Since that meeting, the two sides have struggled to even hold talks, U.S. officials say.
Stephen Biegun, the U.S. special envoy for North Korea, will visit South Korea and Seoul later this week to help advance the talks.
South Korean President Moon Jae-in, whose liberal government has prioritized engagement with the North, says he is willing to hold a fourth summit with Kim anytime, anywhere.
Last week, Japan’s conservative prime minister, Shinzo Abe, said he is willing to meet with Kim “unconditionally and talk with him frankly with an open mind.” (VOA)
Chip manufacturer MediaTek on Monday announced that it is focused on making 2022 a year aimed at rapid growth, business success, substantial expansion in Research and Development capabilities.
MediaTek's plans to boost technology democratisation and enable access to disruptive connectivity with its range of mainstream to flagship 5G chips.
"We at MediaTek are focused on making 2022 a year aimed at rapid growth, business success, and substantial expansion in our R&D capabilities. For 2022, we are focused on further strengthening our presence in India, offering incredible experiences to customers, and supporting the country's technology initiatives with our expertise and collaboration with leading OEMs," Anku Jain, Managing Director, MediaTek India said in a statement.
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In the flagship segment, MediaTek recently announced the Dimensity 9000 chip, which is a milestone of innovation and a rise to the incredible, built-to-power flagship 5G smartphones in the world, the company claims.
MediaTek Dimensity 9000 features a single Cortex-X2 performance core clocked at 3.05GHz, three Cortex-A710 cores at 2.85GHz and four Cortex-A510 efficiency cores at 1.8GHz.
It packs a 10-core Arm Mali-G710 that takes care of graphics processing, the report said.
The chipset also comes packed with MediaTek's fifth-generation APU with six total cores for AI processing.Unsplash
Also read: Realme Unveils First 5G Smartphone
The chipset also comes packed with MediaTek's fifth-generation APU with six total cores for AI processing.
The chipset can handle screens with up to a 180Hz refresh rate at Full HD+ resolutions. It is also the first chipset to have an 18-bit image signal processor, offering the ability to capture 4K HDR video using up to three cameras at the same time, or still photos using up to a massive 320MP sensor. (IANS/PR)
(Keywords: 5G, smartphones, Mediatek)
If the US loses Chinese companies, Wall Street will gradually alienate itself from the world's most prosperous market and the US will no longer be the true global financial centre, Chinese state media claimed.
Didi Chuxing, the Chinese ride-hailing giant, announced on Friday that the company is starting the work of delisting from the New York Stock Exchange (NYSE) and initiating preparations for listing in Hong Kong.
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One day before Didi made the statement, the US Securities and Exchange Commission (SEC) issued a mandate requiring foreign companies listed in the US to provide audits for inspection. Otherwise, they could be delisted from NYSE and Nasdaq in three years.
"The new SEC regulation clearly targets Chinese companies listed in the US. Analysts believe that it could lead to more than 200 companies being kicked off US exchanges," Global Times reported.
Also Read : The forgotten Indo-China War
Didi is the first Chinese company, which announced that it would delist from the NYSE after the SEC issued its new regulation. The company got listed in the US in June without the approval of Chinese regulatory authorities, sparking concerns that the information of hundreds of millions of Chinese users would be leaked to endanger China's national security. More than 20 apps linked to the company were subsequently removed from mobile stores. The SEC's new regulation has compressed Didi's space for financing in the US from the other direction, the report said.
It will become more difficult for Chinese digital technology and application companies to get listed in the US in the future.Unsplash
There have already been voices in the US demanding most of the "China concept stocks" be removed from the US. Scrutiny of "China concept stocks" is expected to get stricter. The US provides various excuses such as "financial security" and "national security" for such scrutiny, the report said.
It will become more difficult for Chinese digital technology and application companies to get listed in the US in the future. This will cause losses to both sides. But the tendency shows that China has greater initiative to adjust and adapt to new conditions, the report said.
Global Times said Chinese companies have other alternatives, and if they go back to China, they will greatly enhance the attractiveness of the mainland and Hong Kong capital markets, creating the possibility of gradually changing the global financial landscape. (IANS/SP)
(Keywords : Wall street, China, stocks, companies, businesses, losses, regulations, prosperous, technology, authorities, delisting.)
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Sommet Education, one of the worlds leading hospitality and culinary education players, recently joined hands with the countrys premium hospitality institute, Indian School of Hospitality (ISH).
With this Sommet Education now own a 51 per cent stake in the ISH, a significant addition to the former's expansive global network. The strategic partnership allows Sommet Education to establish two of its prestigious institutions in India: Ecole Ducasse, a worldwide education reference in culinary and pastry arts, and Les Roches, one of the world's leading hospitality business schools. With this academic alliance, Ecole Ducasse will now have its first campus in India at ISH, and Les Roches will launch its undergraduate and postgraduate hospitality management programmes in the country.
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Sommet Education's belief in the Indian market and its potential to grow exponentially made the country the focal point of its development plans. As per the recent data, the Indian hospitality industry has shown a 122.9 per cent growth in RevPAR in Q3 2021 as compared to Q2 2021. The sector bounced back strongly with the relaxations in regulations over travel restrictions post the second wave of the pandemic.
During the recent meeting between Benoit-Etienne Domenget, CEO, Sommet Education and Dilip Puri, Founder & CEO, Indian School of Hospitality, both the leaders shared their future development plans for India. Two are exploring opportunities to launch a second campus, most likely to be located in Mumbai, Bengaluru, or Hyderabad. The duo also plans to set up a network of Ecole Ducasse studios in select cities across India, including New Delhi, Mumbai, and Bengaluru. These studios institutes will cater to the needs of not only hospitality aspirants but also professionals, enthusiasts, and career changers for upskilling and acquiring new skills in line with changing dynamics of the industry. Besides setting Ecole Ducasse studios in India, the expansion of the current ISH Gurugram campus is also underway. The new campus will feature an additional 25,000 sq. ft of classrooms, training kitchens, and student experience areas. This expansion will comfortably stretch the current capacity of the campus to over 500 students.
Speaking about the entering Indian market, Sommet Education CEO, Benoit-Etienne Domenget, said: "India is one of the fastest-growing countries in the world, with hospitality and tourism contributing to a large share of economic growth and employment. As a dynamic young economy, India is the perfect development platform for international education brands to invest in and expand. We are happy to partner with ISH through which enables us to provide Indian students, within the country, with globally renowned standards of hospitality, culinary and management education.
"Together, we will be able to address the industry's need for specialised talent and expertise in a better and more organised manner. Hospitality management and culinary arts aspirants in India and neighbouring countries will now be able to benefit from our combined expertise and explore international career opportunities."
The mutually benefitting collaboration aims to offer a global standard of education to a larger number of hospitality and culinary arts aspirants in the years to come in India and the neighbouring countries. While ISH has set benchmarks with its cutting-edge pedagogical approach, updated curriculum, learning techniques, faculty base, and state-of-the-art infrastructure, expansion of the campus will lay grounds for more talented students to set foot into the exciting field of hospitality and culinary arts and become future leaders who will steer the industry towards success. New facilities are under construction and will be operational by early 2022.
Commenting over the new partnership and expansion plans, ISH Founder and CEO, Dilip Puri, said: "ISH and Sommet Education joined hands for the two share similar belief system and vision of establishing entrepreneurial and developmental mindset among learners. The higher education landscape in India is rapidly transforming. In order to elevate the same to the global standards, ISH, with the help of its new partner, intends to be the pioneer of this transformation, bringing the best of industry education and opportunities from across the world to our students.
Industry demands for hospitality leaders by bringing two of the world's best brandsUnsplash
"Partnering with Sommet Education will also enable us to strengthen our academic offerings and expand our presence pan India, and in neighbouring countries, as now on we will be part of Sommet's prestigious network of 18 campuses across eight countries. We will also be able to further support industry demands for hospitality leaders by bringing two of the world's best brands in hospitality management and culinary education to India."
The current transition in the hospitality and services sector requires future leaders to be well-prepared to take on global opportunities emerging in India and abroad. This tie-up will help ISH to further expand its portfolio of programs with opportunities for students to study semesters abroad and benefit from various pathways within undergraduate and post-graduate programs throughout the Les Roches network of institutions. Students can access opportunities, including pursuing a part of the select course at Les Roches campuses in Crans-Montana, Switzerland, Marbella, Spain and Shanghai. Together the two hold a common vision of empowering learners with new-age skills to stay ahead in the robust and fast-evolving industry and aim to become the country's largest hospitality and culinary arts education player in the next three years. (IANS/PR)
Keywords: hospitality management, culinary education