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Japan open to deploying soldiers to Senkaku Islands, report says

Japan open to deploying soldiers to Senkaku Islands, report says

World
March 8 (UPI) -- Japan may not be ruling out troop deployment to the disputed Senkaku Islands if conflict arises with rival forces, according to a recent press report. A Japanese official speaking on the condition of anonymity told the South China Morning Post Tokyo will not tolerate Chinese breaches of Japan-claimed territory, after Japanese Chief Cabinet Secretary Katsunobu Kato said Japanese ships will be allowed to fire at foreign boats "preemptively." Advertisement "Under our domestic law, the self-defense forces can use weapons as law enforcement against unlawful activities on behalf of our coast guard if the Chinese coast guard enters our territorial waters including ... the Senkaku Islands without permission," the Post's source said. Japanese wariness of Chinese activity in the Ea...
Over 60% Indian consumers ‘newly constrained’; report decline in household incomes: Nielsen

Over 60% Indian consumers ‘newly constrained’; report decline in household incomes: Nielsen

Finance
Over 60% consumers in urban India are “newly constrained”, and have experienced a decline in household income or their financial situation has worsened, leading them to consciously watch what they spend due to the pandemic, a new report by NielsenIQ said on Monday. In urban India, 63% consumers fall within this consumer group and are in the top five across countries surveyed. This is higher than the global average of 46%, the report said, adding that consumers’ circumstances and intentions relative to spending has changed. Four consumer cohorts are driving spends in urban India, with these cohorts adapting new coping mechanisms to manage household budgets as consumption trends shift. “The cautionary spending environment means brands will need to be laser-focused on this group's newly emerg
Report: Signs of activity at North Korea’s Yongbyon nuclear facility

Report: Signs of activity at North Korea’s Yongbyon nuclear facility

World
Seoul, March 4 (UPI) -- Commercial satellite imagery shows that a coal-fired steam plant is in operation at North Korea's Yongbyon nuclear facility in possible preparation to extract plutonium for weapons, according to an analysis by U.S. website 38 North. In a report published Wednesday, satellite images from Feb. 25 and March 2 revealed smoke coming from a steam plant that provides heat to Yongbyon's radiochemical laboratory. Advertisement "Smoke was observed emanating from the plant's smokestack at various times from late-February and early March, suggesting that preparations for spent fuel reprocessing could be underway to extract plutonium needed for North Korea's nuclear weapons," the 38 North report said. "However," the report added, "this could also mean simply the facility is bei...
‘Red alert for our planet’: UN report warns governments ‘nowhere close’ to climate targets

‘Red alert for our planet’: UN report warns governments ‘nowhere close’ to climate targets

World
A UN climate change report has found that global efforts to reduce CO2 emissions "fall far short of what is required" and that nations must "step up" to fulfil promises made under the Paris agreement. In a stark warning ahead of a make or break COP26 climate conference in Glasgow later this year, countries were criticised over their emission reduction plans - known as Nationally Determined Contributions (NDCs) - and urged to make "more ambitious" commitments. Following a legally binding international treaty on climate change signed in Paris in 2015, almost 200 countries set a goal of limiting global temperature rise by 2C - or ideally 1.5C - by the end of the century. Please use Chrome browser for a more accessible video player ...
Report: North Korea’s trade with China declined 80% in 2020

Report: North Korea’s trade with China declined 80% in 2020

Business
Feb. 22 (UPI) -- Two-way trade between North Korea and its biggest partner, China, fell 80.7% in 2020 amid the coronavirus pandemic, according to estimates from Seoul's Korea Trade-Investment Promotion Agency. North Korea imported about $ 491.06 million of goods from China last year, while exporting only $ 48 million of commodities and products to its neighbor, the Seoul agency's Shenyang branch said, Seoul Pyongyang News reported Monday. Two-way trade was about $ 539.06 million, reflecting a steep decline from the previous year, the report said. Advertisement Trade activity dropped significantly in February 2020, with two-way trade falling to $ 10.71 million in the immediate aftermath of the coronavirus epidemic that began in Wuhan, China. North Korea shut its 880-mile border with China ...