-
North Korea successfully fires new anti-aircraft missile

The France24 reported according to AFP, North Korea has successfully fired a new anti-aircraft missile, the latest in a flurry of weapons tests by the nuclear-armed nation.
The official Korean Central News Agency said, the anti-aircraft missile had a "remarkable combat performance" and included twin rudder controls and other new technologies.
A picture in the official Rodong Sinmun newspaper showed the missile ascending at an angle into the sky from a launch vehicle on Thursday.
It is the latest in a series of tension-raising steps by Pyongyang, which has hitherto been biding its time since the change in US administrations in January.

In September, it launched what it said was a long-range cruise missile, and earlier this week tested what it described as a hypersonic gliding vehicle, which South Korea's military said appeared to be in an early stage of development.
Read more: US concerned about Pakistan nuclear weapons after rushed withdrawal from Afghanistan
KCNA also reported this week that the North's leader, Kim Jong Un, decried Washington's repeated offers of talks without preconditions as a "petty trick" in a speech to the country's rubber stamp parliament, accusing the new administration of continuing the "hostile policy" of its predecessors.
South Korea's defence ministry told AFP it was unable to immediately confirm the latest launch.
Anti-aircraft missiles are much smaller than the ballistic missiles the North is banned from developing under United Nations Security Council resolutions, and harder to detect from afar.
Pyongyang is under multiple international sanctions over its weapons programmes, which have made rapid progress under Kim, including missiles capable of reaching the whole of the US mainland and by far its most powerful nuclear test to date.
Read more: Iran demands S. Korea to resolve problem of access to frozen financial assets
The latest tests have sparked international condemnation, with US Secretary of State Antony Blinken saying they created "greater prospects for instability and insecurity".
The United States, Britain and France have called a UN Security Council meeting on North Korea set to take place Friday.
It was originally due on Thursday but was delayed by Russia and China, who asked for more time to study the situation, a diplomatic source said.
Beijing is Pyongyang's key ally and in normal times its biggest provider of trade and aid, although the North has since early last year been under a self-imposed blockade after it shut its borders to defend itself against the coronavirus pandemic.
The North has a long history of using weapons tests to ramp up tensions, in a carefully calibrated process to try to forward its objectives.
With its latest actions, Pyongyang was looking to "highlight their presence on the world stage and their military capabilities", defector-turned-researcher Ahn Chan-il told AFP.
The South's President Moon Jae-in has recently reiterated his calls for a formal declaration that the Korean War is over -- hostilities ceased in 1953 with an armistice rather than a peace treaty.
Read more: Australia to reopen international border for first time in pandemic
Ahn said: "They are buying time this way and trying to leverage as much as they can from Seoul's proposal to declare the official end of the Korean War, as well as Washington's offer to talk without any preconditions."
The coronavirus blockade and other factors have made the North's domestic situation "quite serious", he added, "and it is believed that many North Koreans are agitated. It looks like missile launches are also intended to soothe them."
Communication lines
Talks between Pyongyang and Washington have been effectively at a standstill since the collapse of a 2019 Hanoi summit between Kim and then-president Donald Trump over sanctions relief and what North Korea would be willing to give up in return.
Washington and Seoul are security allies, and the United States stations around 28,500 troops in the South to protect it from its neighbour.
In August, the two held joint military drills that always infuriate Pyongyang.
Under President Joe Biden, the United States has repeatedly declared its willingness to meet North Korean representatives anywhere, at any time, without preconditions, while saying it will seek denuclearisation.
But in his speech to the Supreme People's Assembly legislature, Kim condemned the offers as "no more than a petty trick for deceiving the international community and hiding its hostile acts", according to KCNA.
The new administration was pursuing the same "military threats" and "hostile policy" as the past, but in "more cunning ways and methods", he said.
Nonetheless, he expressed a willingness to restore North-South communication lines in early October.
North Korea has not shown any willingness to give up its arsenal, which it says it needs to defend itself against an invasion by the United States.
Source: france24
You May Also Like
Popular Posts
Caricature
BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
opinion
Report
ads
Newsletter
Subscribe to our mailing list to get the new updates!