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North Korea launches missiles toward sea in seventh of recent launches

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North Korea launches missiles toward sea in seventh of recent launches

North Korea fired two short-range ballistic missiles towards its japanese waters on Sunday, the most recent of a current barrage of weapons assessments, a day after it warned the redeployment of a U.S. plane provider close to the Korean Peninsula was inflaming regional tensions.

South Korea’s Joint Chiefs of Employees mentioned in a press release that it detected two missile launches Sunday between 1:48 a.m. and 1:58 a.m. from the North’s japanese coastal metropolis of Munchon. It added that South Korea’s army has boosted its surveillance posture and maintains a readiness in shut coordination with the USA.

Japanese Vice Protection Minister Toshiro Ino additionally confirmed the launches, saying Pyongyang’s testing actions are “completely unacceptable” as they threaten regional and worldwide peace and safety.

Ino mentioned the weapons could possibly be submarine-launched ballistic missiles. “We’re persevering with to research particulars of the missiles, together with a risk that they may have been launched from the ocean,” Ino mentioned.

North Korea’s pursuit of a capability to fireplace missiles from a submarine would represent an alarming improvement for its rivals as a result of it’s tougher to detect such launches prematurely. North Korea was believed to have final examined a missile launch from a submarine in Could.

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The South Korean and Japanese militaries assessed that the missiles flew about 217 miles nd reached most altitudes of 56 to 60 miles earlier than falling into the waters between the Korean Peninsula and Japan.

Japanese Prime Minister Fumio Kishida individually instructed officers to assemble and analyze all info they may and expedite any updates in regards to the assessments to the general public. His workplace mentioned it additionally was looking for to make sure the protection of all plane and ships in waters round Japan whereas getting ready for any contingencies.

South Korea’s presidential workplace mentioned Nationwide Safety Director Kim Sung-han known as an emergency safety assembly over the launches the place members reviewed the South’s protection preparedness and mentioned methods to strengthen cooperation with the USA and Japan to counter the rising North Korean threats.

Seoul warned that Pyongyang’s consecutive provocations will deepen its worldwide isolation and improve the “instability of the regime” by worsening its economic system and folks’s livelihoods.

The U.S. Indo-Pacific Command mentioned in a press release that the launches didn’t pose any instant risk to U.S. personnel or territory, or to its allies. However it mentioned the launches spotlight “the destabilizing affect” of North Korea’s illegal weapons of mass destruction and ballistic missile packages. It mentioned U.S. commitments to the protection of South Korea and Japan stay “ironclad.”

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The launch, the North’s seventh spherical of weapons assessments in two weeks, got here hours after the USA and South Korea wrapped up two days of naval drills off the Korean Peninsula’s east coast.

The drills concerned the nuclear-powered plane provider USS Ronald Reagan and its battle group, which returned to the world after North Korea fired a robust missile over Japan final week to protest the provider group’s earlier coaching with South Korea.

On Saturday, North Korea’s Protection Ministry warned that the Reagan’s redeployment was inflicting a “significantly large damaging splash” in regional safety. The ministry known as its current missile assessments a “righteous response” to intimidating army drills between South Korea and the USA.

North Korea regards U.S.-South Korean army workout routines as an invasion rehearsal and is particularly delicate if such drills contain U.S. strategic belongings akin to an plane provider. North Korea has argued it was compelled to pursue a nuclear weapons program to deal with U.S. nuclear threats. U.S. and South Korean officers have repeatedly mentioned they don’t have any intentions of attacking the North.

North Korea has launched greater than 40 ballistic and cruise missiles in over 20 totally different occasions this yr, exploiting a division within the U.N. Safety Council deepened over Russia’s warfare on Ukraine as a window to hurry up arms improvement.

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The file variety of assessments included final week’s launch of a nuclear-capable missile that flew over Japan for the primary time in 5 years. It was estimated to have traveled about 2,800-2,860 miles, a distance ample to achieve the U.S. Pacific territory of Guam and past.

South Korean officers say Pyongyang could up the ante quickly by conducting an intercontinental ballistic missile or a nuclear check explosion, following a standard sample of producing diplomatic crises with weapons assessments and threats earlier than providing negotiations geared toward extracting concessions. There are additionally issues about provocations alongside the Koreas’ land and sea borders.

Sunday’s launches got here on the eve of the 77th anniversary of the muse of the North Korean ruling Staff’ Social gathering.

Earlier this yr, North Korea examined different nuclear-capable ballistic missiles that place the U.S. mainland, South Korea and Japan inside hanging distance.

North Korea’s testing spree signifies its chief, Kim Jong Un, has no intention of resuming diplomacy with the U.S. and desires to concentrate on increasing his weapons arsenal. However some specialists say Kim would finally intention to make use of his superior nuclear program to wrest better exterior concessions, akin to the popularity of North Korea as a respectable nuclear state, which Kim thinks is crucial in getting crippling U.N. sanctions lifted.

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South Korean officers just lately mentioned North Korea was additionally ready to check a brand new liquid-fueled intercontinental ballistic missile and a submarine-launched ballistic missile whereas sustaining readiness to carry out its first underground nuclear check since 2017.

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Read the N.T.S.B.’s Preliminary Report on the Baltimore Bridge Collapse

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Read the N.T.S.B.’s Preliminary Report on the Baltimore Bridge Collapse

Contact of Containership Dali with the Francis Scott Key Bridge
and Subsequent Bridge Collapse
Marine Investigation Preliminary Report
DCA24MM031
2
Dali
2.1 Background and Specifications
The Dali, a 947-foot-long, steel-hulled general cargo vessel (containership),
was built by HD Hyundai Heavy Industries Co., Ltd. in 2015. The vessel’s draft on
departure was 39.9 feet fore and aft, with a cargo of 4,680 containers (56,675 metric
tons of containerized cargo). The ship and cargo displaced 112,383 metric tons as
loaded at departure.
Singapore-based Grace Ocean Private Limited, the vessel’s owner, owns
55 ships-a mix of containerships (including Dali), bulk carriers, and tankers. As of
March 26, Singapore-based Synergy Marine Group, the vessel manager who
provided the crew and operated the vessel for the owner, managed 55 ships under
Panama, Marshall Islands, Hong Kong, Liberia, and Singapore flags, including the
Dali. The vessel was classed by ClassNK, one of several nongovernmental
classification societies that establish and maintain standards for the construction and
operation of ships. Through construction and later periodic surveys, classification
societies confirm a vessel meets the class’s technical rules.
2.2 US Port Calls in March 2024
Since arriving from Sri Lanka to the United States on March 19, the ship had
made two other US port calls (Newark, New Jersey, from March 19 until March 21,
and Norfolk, Virginia, from March 22 to March 23). On March 23, at 0236, the Dali
moored at the Seagirt Marine Terminal in Baltimore Harbor.
2.2.1
Electrical Power Loss on Previous Day
On March 25, about 10 hours before leaving Baltimore, the Dali experienced a
blackout (loss of electrical power to the HV and LV buses) during in-port
maintenance. While working on the diesel engine exhaust scrubber system for the
diesel engine driving the only online generator (generator no. 2), a crewmember
mistakenly closed an inline engine exhaust damper. Closure of this damper
effectively blocked the engine’s cylinder exhaust gases from traveling up its stack and
out of the vessel, causing the engine to stall. When the system detected a loss of
power, generator no. 3 automatically started and connected to the HV bus.
Vessel power was restored when crewmembers manually closed HR2 and LR2.
Generator no. 3 continued to run for a short period, but insufficient fuel pressure
7 The NTSB is not aware of any other vessel power outages occurring in Baltimore or while in
its prior ports, Newark or Norfolk.
13 of 24
This information is preliminary and subject to change.

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‘This is Bill. Bill Hwang’: US jury hears founder’s call to Archegos lenders

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‘This is Bill. Bill Hwang’: US jury hears founder’s call to Archegos lenders

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Bill Hwang told panicked Wall Street investment banks that his family office Archegos needed up to three weeks to “make everyone whole” shortly before the fund collapsed in 2021, which ended up costing his lenders more than $10bn.

On the second day of Hwang’s trial for fraud and market manipulation, the jury in New York heard portions of a call he held three years ago with six investment banks that were on the hook for billions of dollars as the value of Archegos’s investments plummeted.

The audio recording was a rare insight into the dealings of Hwang, who kept a low profile on Wall Street and worked hard to mask his trading strategy and the positions taken by Archegos, which managed his personal fortune. 

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For some on the call — which included bankers from Credit Suisse, Goldman Sachs, Nomura, Morgan Stanley, Deutsche Bank and UBS — it was the first time they had heard from Hwang directly.

“This is Bill. Bill Hwang,” he said. “We are really confident in our ability to wind down these names given a little more time,” he told the banks during the call on March 25, 2021.

Earlier that week, the value of Archegos’s largest positions, especially media group ViacomCBS, had plummeted in value, and Hwang was being required by the banks to provide extra cash.

Prosecutors have alleged that Archegos executives misled investment banks to believe that the fund held large positions in easily tradable stocks such as Amazon and Apple at other lenders, when in reality it had similarly concentrated bets in less liquid stocks across all its lenders.

Hwang estimated on the call that it would probably take two to three weeks to sell his holdings and repay the banks what they were owed.

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Bryan Fairbanks, a senior executive at UBS at the time of Archegos’s collapse who testified in the case, described some of the numbers given by Hwang during the call as “extremely alarming”.

Shortly after the call, UBS and some of the other investment banks decided to sell the positions they were holding for Hwang, resulting in a fire sale of several stocks.

Fairbanks testified that it took UBS between six and seven weeks to exit positions tied to Archegos.

UBS ended up losing about $860mn. Credit Suisse, now owned by UBS, lost more than $5bn from Archegos.

At the trial in Manhattan federal court, US prosecutors have accused Hwang of running his family office Archegos Capital as a criminal enterprise in an attempt to become a “legend on Wall Street”. Hwang and Patrick Halligan, his top deputy and Archegos’s former finance chief, who have pleaded not guilty, face decades behind bars if convicted.

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Barry Berke, a lawyer for Hwang, has sought to portray his client as a high-conviction investor who took large bets in companies he believed in, such as ViacomCBS and Discovery.

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Small but mighty Nimble becomes first mixed-breed dog to win Westminster agility title

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Small but mighty Nimble becomes first mixed-breed dog to win Westminster agility title

Cynthia Hornor poses with Nimble, the first mixed-breed dog ever to win the Westminster Kennel Club dog show’s agility competition, in New York on Monday.

Jennifer Peltz/AP


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Jennifer Peltz/AP


Cynthia Hornor poses with Nimble, the first mixed-breed dog ever to win the Westminster Kennel Club dog show’s agility competition, in New York on Monday.

Jennifer Peltz/AP

She was nimble, she was oh-so-very quick – with the perfect moniker to match.

A 6-year-old canine from of Ellicott City, Md., named Nimble beat out 350 competitors to become the first mixed-breed dog to win the Westminster Kennel Club’s Masters Agility Championship in New York.

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“I was surprised,” Nimble’s handler Cynthia Hornor told NPR. “But she proved that she’s the little engine that could.”

Nimble, who finished the race in a blistering 28.76 seconds, is a first in more ways than one: She also became the first dog from the 12-inch height division to take home the top prize since the agility competition — itself the first WKC event to allow mixed breeds to compete — was introduced in 2014.

Dogs compete in the 8-inch, 12-inch, 16-inch, and 20-inch categories. The top 10 dogs from each height category go on to compete in the championships.

While she made two firsts, Nimble also had at least two big aces in her paws.

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Despite coming in an underdog — as part of the non-purebred category the WKC refers to as “All American Dogs” — Nimble is a combination of two pedigrees made up of winners: a border collie-papillon mix. Border collies have won eight of the last 11 agility titles, while the top three finishers in this year’s competition were all papillons.

Nimble’s second secret weapon: her owner and handler Hornor, who won the Masters Agility title in 2023 with her other dog Truant, a 20-inch border collie.

“This is going to be a fun run,” a Fox Sports announcer predicted on Saturday as Nimble eagerly waited for the clock to start her final run.

When it did, the pointy-eared black and white pup rocketed her way through a series of hoops, seesaws, ladders and more with hardly any cueing needed from Horner.

“I said it was going to be fun, but I didn’t know it was going to be an e-ticket!” the announcer said halfway through Nimble’s race, with eager crowds cheering in the background.

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Hornor says she hopes Nimble’s big win will be enough to put to bed any false ideas that mixed breeds can’t be as fast as purebred dogs.

“Agility is the equalizer,” Hornor said. “Mixed-breed dogs can be just as fast as purebred dogs.”

Nimble’s reward for proving it?

“She got steak, and she got to play,” said Hornor. “She just really loves playing, so her reward is being able to go run and play.”

And if there’s one lesson Hornor wants other dog owners to take away from Nimble’s big win, it’s that agility is a great way for owners to bond with their dogs.

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“It’s the thing I enjoy the most about this sport,” said Hornor, who has been an agility trainer for more than 20 years. “When I see my students, I love seeing their bond grow with their dogs because of agility.”

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