BEIJING, Oct 15 (Reuters) – China reserves the right to use force over Taiwan as a last resort in compelling circumstances, though peaceful reunification is its first choice, a Communist Party spokesman said on Saturday.
Reunification of China and Taiwan meets the interests of all, including Taiwan compatriots, Sun Yeli told a news conference in Beijing.
President Xi Jinping is poised to win a third five-year term as general secretary of the ruling party, the most powerful job in the country, at the congress to be held in the Great Hall of the People in Beijing for a week starting on Sunday.
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Reporting by Yew Lun Tian, Writing by Martin Quin Pollard
Oct 15 (Reuters) – Elon Musk said on Saturday his rocket company SpaceX would continue to fund its Starlink internet service in Ukraine, citing the need for “good deeds,” a day after he said it could no longer afford to do so.
Musk tweeted: “the hell with it … even though starlink is still losing money & other companies are getting billions of taxpayer $, we’ll just keep funding ukraine govt for free”.
Musk said on Friday that SpaceX could not indefinitely fund Starlink in Ukraine. The service has helped civilians and military stay online during the war with Russia.
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Although it was not immediately clear whether Musk’s change of mind was genuine, he later appeared to indicate it was. When a Twitter user told Musk “No good deed goes unpunished”, he replied “Even so, we should still do good deeds”.
The billionaire has been in online fights with Ukrainian officials over a peace plan he put forward which Ukraine says is too generous to Russia.
He had made his Friday remarks about funding after a media report that SpaceX had asked the Pentagon to pay for the donations of Starlink.
SpaceX did not respond to a request for comment. The Pentagon declined to comment.
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Reporting by David Ljunggren, Matt Spetalnick and Caroline Stauffer; Editing by Sandra Maler
Ukraine official: religious dispute led to base shootings
Fighting rages in eastern Ukraine, southern Kherson region
Ukrainian forces damage administration building in Donetsk
KYIV, Oct 16 (Reuters) – Russia has opened a criminal investigation after gunmen shot dead 11 people at a military training ground near the Ukrainian border, authorities said on Sunday, as fighting raged in eastern and southern Ukraine.
Russia’s RIA news agency, citing the defence ministry, said two gunmen opened fire with small arms during a firearms training exercise on Saturday, targeting personnel who had volunteered to fight in Ukraine. RIA said the gunmen, who it referred to as “terrorists,” were shot dead.
The incident in the southwestern Belgorod region was the latest blow to Russian President Vladimir Putin’s “special military operation” in Ukraine. It came a week after a blast damaged a bridge linking mainland Russia to Crimea, the peninsula it annexed from Ukraine in 2014.
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Russia’s defence ministry said the attackers were from a former Soviet republic, without elaborating. A senior Ukrainian official, Oleksiy Arestovych, said the two men were from the mainly Muslim Central Asian republic of Tajikistan and had opened fire on the others after an argument over religion.
Reuters was not immediately able to confirm the comments by Arestovych, a prominent commentator on the war, or independently verify casualty numbers and other details.
“As a result of the incident at a shooting range in Belgorod region, 11 people died from gunshot wounds and another 15 were injured,” Russia’s Investigative Committee said, announcing the criminal investigation. It gave no other details.
Some Russian independent media outlets reported that the number of casualties was higher than the official figures.
The governor of Belgorod region, Vyacheslav Gladkov, said no local residents were among those killed or wounded.
Two witnesses later told Reuters they had seen Russian air defence systems repelling air strikes in Belgorod.
Putin said on Friday Russia should be finished calling up reservists in two weeks, promising an end to a divisive mobilisation in which hundreds of thousands of men have been summoned to fight in Ukraine and many have fled the country.
Belarusian President Alexander Lukashenko, a strong Putin ally, said last week that his troops would deploy with Russian forces near the Ukrainian border, citing what he said were threats from Ukraine and the West.
The Belarusian defence ministry in Minsk on Sunday said just under 9,000 Russian troops would be stationed in Belarus as part of a “regional grouping” of forces to protect its borders.
RUSSIAN SHELLING
Russian forces shelled Ukrainian positions on several fronts on Sunday, the General Staff of Ukraine’s Armed Forces said, with the targets including towns in Kharkiv, Donetsk and Kherson regions. Russian forces were trying to advance on Bakhmut in Donetsk region and in and around Avdiivka.
Intense fighting is taking place around Bakhmut as well as the town of Soledar, Ukrainian President Volodymyr Zelenskiy said on Sunday in his nightly video address.
FILE PHOTO – An instructor trains Russian newly-mobilised reservists at a shooting range in the course of Russia-Ukraine conflict in the Donetsk region, Russian-controlled Ukraine, October 10, 2022. REUTERS/Alexander Ermochenko
“The key hot spots in Donbas are Soledar and Bakhmut,” Zelenskiy said. “Very heavy fighting is going on there.”
Bakhmut has been the next target of Russia’s armed forces in their slow move through the Donetsk region since taking the key industrial towns of Lysychansk and Sievierodonetsk in June and July. Soledar is located just north of Bakhmut.
Fighting has been particularly intense this weekend in the Donetsk and Luhansk regions, and the strategically important Kherson province in the south, three of the four provinces Putin proclaimed as part of Russia last month.
Shelling by Ukrainian forces damaged the administration building in the city Donetsk, capital of the Donetsk region, the head of its Russian-backed administration said on Sunday.
“It was a direct hit, the building is seriously damaged. It is a miracle nobody was killed,” said Alexei Kulemzin, surveying the wreckage, adding that all city services were still working.
There was no immediate reaction from Ukraine to the attack on Donetsk city, which was annexed by Russian-backed separatists in 2014 along with swathes of the eastern Donbas region.
Russia’s defence ministry said on Sunday its forces had repelled efforts by Ukrainian troops to advance in the Donetsk, Kherson and Mykolaiv regions, inflicting what it described as significant losses.
Russia also said it was continuing air strikes on military and energy targets in Ukraine, using long-range precision-guided weapons.
Reuters was unable to independently verify the battlefield reports.
In the city of Mykolaiv, residents queued on Sunday – as they do every day – to fill water bottles at a distribution point after supplies were severed by fighting early in the war.
“This is not war, this is a war crime. War is when soldiers fight with each other, but when civilians are being fought, it’s a war crime,” said Vadym Antonyuk, a 51-year-old sales manager, as he stood in line.
A spokeswoman for Ukraine’s Southern Military Command said Russian forces were suffering severe shortages of equipment including ammunition as a result of the damage inflicted last weekend on the Crimea Bridge.
“Almost 75% (of Russian military supplies in southern Ukraine) came across that bridge,” Natalia Humeniuk told Ukrainian television, adding that strong winds had also now stopped ferries in the area.
“Now even the sea is on our side,” Humeniuk said.
Putin blamed Ukrainian security services for the bridge blast and last Monday, in retaliation, ordered the biggest aerial offensive against Ukrainian cities, including the capital Kyiv, since the start of Russia’s invasion on Feb. 24.
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Reporting by Reuters bureaux; Writing by David Ljunggren, Matt Spetalnick, Gareth Jones and James Oliphant; editing by Michael Perry, Tomasz Janowski, Will Dunham and Nick Macfie
Oct 15 (Reuters) – Ukrainian troops are still holding the strategic eastern town of Bakhmut despite repeated Russian attacks while the situation in the Donbas region remains very difficult, President Volodymyr Zelenskiy said on Saturday.
Zelenskiy, speaking in an evening address, also said Russian missiles and drones had continued to hit Ukrainian cities, causing destruction and casualties.
Although Ukrainian troops have recaptured thousands of square kilometres (miles) of land in recent offensives in the east and south, officials say progress is likely to slow once Kyiv’s forces meet more determined resistance.
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Fighting is particularly intense in the eastern Donetsk and Luhansk provinces bordering Russia. Together they make up the larger industrial Donbas, which Moscow has yet to fully capture.
Russian forces have repeatedly tried to seize Bakhmut, which sits on a main road leading to the cities of Sloviansk and Kramatorsk. Both are situated in the Donetsk region.
“Active fighting continues in various areas of the front. A very difficult situation persists in the Donetsk region and Luhansk region,” Zelenskiy said.
“The most difficult (situation) is in the direction of Bakhmut, as in previous days. We are holding our positions.”
Separately, the Ukrainian armed forces’ general staff said in a Facebook post that troops had on Saturday repelled a total of 11 separate Russian attacks near Kramatorsk, Bakhmut and the town of Avdiivka, just to the north of Donetsk.
“Some of the missiles and drones were shot down but unfortunately, not all of them. Unfortunately, there is destruction and casualties,” he said. Kyiv said on Friday that it expected the United States and Germany to deliver sophisticated anti-aircraft systems this month.
Zelenskiy also said almost 65,000 Russians had been killed so far since the Feb. 24 invasion, a figure far higher than Moscow’s official Sept. 21 estimate of 5,937 dead. In August the Pentagon said Russia has suffered between 70,000 and 80,000 casualties, either killed or wounded.
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Reporting by David Ljunggren; editing by Grant McCool
Covers Canadian political, economic and general news as well as breaking news across North America, previously based in London and Moscow and a winner of Reuters’ Treasury scoop of the year.
Pakistani officials said Saturday they had summoned the US ambassador to the country following recent comments made by President Joe Biden that doubted the safety of Pakistan’s nuclear arsenal.
Speaking at a Democratic Party fundraiser in Los Angeles on Thursday, Biden said Pakistan was “one of the most dangerous nations in the world” because it has “nuclear weapons without any cohesion,” according to a transcript of the speech released by the White House.
Pakistani Prime Minister Shehbaz Sharif shot back Saturday at Biden’s comments. “Pakistan is a responsible nuclear state and we are proud that our nuclear assets have the best safeguards as per IAEA requirements,” Sharif tweeted, referring to the International Atomic Energy Agency. “We take these safety measures with the utmost seriousness. Let no one have any doubts.”
Pakistan’s foreign minister, Bilawal Bhutto-Zardari, said that he was surprised by Biden’s remarks and that, after speaking with Sharif, they summoned Ambassador Donald Blome to the Foreign Office of Pakistan.
A US official confirmed to CNN that Blome was summoned by Pakistan’s foreign ministry following Biden’s remarks. Those remarks frustrated US diplomats in the region, the US official said.
Speaking to reporters Saturday at a news conference in Karachi, Pakistan’s largest city, Bhutto-Zardari echoed Sharif on his country’s atomic safety record. “We meet all, each and every international standard in accordance with the IAEA,” Bhutto-Zardari said.
Bhutto-Zardari blamed Biden’s comments on a misunderstanding: “I believe this is exactly the sort of misunderstanding that is created when there is a lack of engagement and luckily, we have embarked on a journey of engagement,” he said.
CNN has reached out to the US State Department for comment.
Elon Musk has a penchant for the letter “X.” He calls his son with the singer Grimes, whose actual name is a collection of letters and symbols, “X.” He named the company he created to buy Twitter “X Holdings.” His rocket company is, naturally, SpaceX.
Now he also apparently intends to morph Twitter into an “everything app” he calls X.
For months, the Tesla and SpaceX CEO has expressed interest in creating his own version of China’s WeChat — a “super app” that does video chats, messaging, streaming and payments — for the rest of the world.. At least, that is, once he’s done buying Twitter after months of legal infighting over the $44 billion purchase agreement he signed in April.
There are just a few obstacles. First is that a Musk-owned Twitter wouldn’t be the only global company in pursuit of this goal, and in fact would probably be playing catch-up with its rivals. Next is the question of whether anyone really wants a Twitter-based everything app— or any other super app — to begin with.
Start with the competition and consumer demand. Facebook parent Meta has spent years trying to make its flagship platform a destination for everything online, adding payments, games, shopping and even dating features to its social network. So far, it’s had little success; nearly all of its revenue still comes from advertising.
Google, Snap, TikTok, Uber and others have also tried to jump on the super app bandwagon, expanding their offerings in an effort to become indispensable to people as they go about their day. None have set the world on fire so far, not least because people already have a number of apps at their disposal to handle shopping, communicating and payments.
“Old habits are hard to break, and people in the U.S. are used to using different apps for different activities,” said Jasmine Enberg, principal analyst at Insider Intelligence. Enberg also notes that super apps would likely suck up more personal data at a time when trust in social platforms has deteriorated significantly.
Musk kicked off the latest round of speculation on Oct. 4, the day he reversed his attempts to get out of the deal and announced that he wanted to acquire Twitter after all. “Buying Twitter is an accelerant to creating X, the everything app,” he tweeted without further explanation.
But he’s provided at least a little more detail in the past. During Tesla’s annual shareholder meeting in August, Musk told the crowd at a factory near Austin, Texas, that he thinks he’s “got a good sense of where to point the engineering team with Twitter to make it radically better.”
And he’s dropped some strong hints that handling payments for goods and services would be a key part of the app. Musk said he has a “grander vision” for what X.com, an online bank he started early in his career that eventually became part of PayPal, could have been.
“Obviously that could be started from scratch, but I think Twitter would help accelerate that by three to five years,” Musk said in August. “So it’s kind of something that I thought would be quite useful for a long time. I know what to do.”
But it’s not clear that WeChat’s success in China means the same idea would translate for a U.S. or global audience. WeChat usage in almost universal in China, where most people never had a computer at home and skipped straight to going online by mobile phone.
Operated by tech giant Tencent Holding Ltd., the platform has made itself a one-stop shop for payments and other services and is starting to compete in entertainment. It is also a platform for health code apps the public is required to use prevent the spread of the coronavirus.
China has 1 billion internet users, and nearly all of them go online by mobile phone, according to the government-sanctioned China Internet Network Information Center. Only 33% use desktop computers at all — and mostly in addition to mobile phones. Tencent says WeChat had 1.3 billion users worldwide as of the end of June.
Tencent and its main Chinese competitor, e-commerce giant Alibaba Group, aim to make apps that offer so many services that users can’t easily switch to another app. They’re not the only ones.
WeChat has added video calls and other message features as well as shopping, entertainment and other features. Government agencies use it to send out health, traffic and other announcements. WeChat’s payment function, meanwhile, is so widely used that coffee shops, museums and some other businesses refuse cash and will take payment only through WeChat or the rival Ant app.
There is no comparable app in the U.S., despite tech companies’ efforts.
It’s worth remembering that Musk’s grand visions don’t always work out the way he appears to expect. Humans are nowhere near colonizing Mars and his promised fleet of robotaxis remains about as far from reality as the metaverse.
Twitter’s user base is also tiny relative to those at its social-platform competitors. While Facebook, Instagram and TikTok all passed the 1 billion mark long ago, Twitter has about 240 million daily users.
“Musk would not only have to overcome the hurdle of convincing consumers to change how they behave online, but also that Twitter is the place to do it,” Enberg said.
——
Associated Press Writer Joe McDonald contributed to this story.
US president said Pakistan is one of the ‘most dangerous’ nations which has ‘nuclear weapons without any cohesion’.
Pakistan’s foreign minister says that the US ambassador to the country has been summoned after President Joe Biden in a speech said Pakistan “may be one of the most dangerous” countries in the world which had “nuclear weapons without any cohesion”.
The 79-year-old Biden made the comments during a reception of the Democratic Congressional Campaign Committee on Thursday in which he also touched upon the war in Ukraine, China and local domestic issues.
Speaking in the context of China and his relationship with President Xi Jinping, Biden said, “This is a guy [Xi Jinping] who understands what he wants but has an enormous, enormous array of problems. How do we handle that? How do we handle that relative to what’s going on in Russia? And what I think is maybe one of the most dangerous nations in the world: Pakistan. Nuclear weapons without any cohesion.”
Pakistan’s foreign minister Bilawal Bhutto-Zardari said on Saturday during a news conference in the southern port city of Karachi he was “surprised” by Biden’s statement. “I believe this is exactly the sort of misunderstanding that is created when there is a lack of engagement,” he added.
US President Joe Biden made the comments on Thursday during a reception for the Democratic Congressional Campaign Committee [File: Brendan Smialowski/AFP]
“If there is any question as to nuclear safety, then they should be directed to our neighbour India, who very recently accidentally fired a missile into Pakistani territory,” Bhutto-Zardari said, citing the firing of a supersonic missile into Pakistan on March 9.
The 34-year-old asserted that he did not think the decision to summon Ambassador Donald Blome will negatively affect Islamabad’s relations with the Americans.
“We will continue on the positive trajectory of engagements we are having so far,” he said.
The controversy came just more than a week after Pakistan’s military chief, General Qamar Bajwa, made a trip to the US and held high-level meetings with US Secretary of Defense Lloyd Austin and National Security Adviser Jake Sullivan.
Moreover, last month, Pakistan Prime Minister Shehbaz Sharif thanked Biden for highlighting and urging the international community to help the South Asian nation recover from devastating floods that have affected some 30 million people.
‘Unwarranted’
Former Pakistan Prime Minister Imran Khan on Saturday condemned Biden’s remarks, saying the US president had reached an “unwarranted conclusion”.
“[H]aving been prime minister, I know we have one of the most secure nuclear command and control systems,” he tweeted.
“Unlike the US which has been involved in wars, across the world, when has Pakistan shown aggression, especially post-nuclearisation?”
I have 2 Qs on this: 1. On what info has @POTUS reached this unwarranted conclusion on our nuclear capability when, having been PM, I know we have one of the most secure nuclear command & control systems? 2. Unlike the US which has been involved in wars https://t.co/nkIrlekBxQ
Khan said Biden’s statement showed that the current Pakistani government – led by Prime Minister Shahbaz Sharif – was a “total failure” on foreign policy and “its claims of ‘reset of relations with US’”.
Sharif’s brother and former prime minister also criticised the US president’s remarks, saying that Pakistan was a “responsible nuclear state”.
“Pakistan is a responsible nuclear state that is perfectly capable of safeguarding its national interest whilst respecting international law and practices,” he said on Twitter.
During the previous decade, Pakistan has steadily moved towards its regional ally China for its economic and defence needs, resulting in a gradual cooling-off in its relationship with Washington.
The relationship between the two nuclear-armed nations worsened as Washington accused Islamabad of providing safe havens to Taliban leaders. Pakistan has repeatedly denied the allegations.
Khan was removed from power in April after an opposition alliance brought a no-confidence motion against his government. The former cricketer-turned-politician has accused the US of conspiring with the opposition.
K-pop boy band BTS reunited on Saturday for a concert in Busan in support of South Korea’s bid to host the World Expo 2030 in the southern port city.
The free concert – titled “BTS Yet To Come in Busan” – drew an audience of about 52,000 people to a stadium, according to the Yonhap News Agency.
A total of 100,000 were expected to visit the stadium and other areas, according to Busan Metropolitan City authorities, with some fans watching the event live on large screens set up at several places around Busan.
The concert followed the seven-member band’s announcement of a break in June from group musical activities to pursue solo projects, raising questions about the band’s future.
With BTS’ oldest member, Jin, who is turning 30 next year, facing South Korea’s mandatory military service, the country’s defense minister said in August that BTS might still be able to perform overseas while serving in the military.
Under a 2019 revision of the law, globally recognized K-pop stars were allowed to put off their service until 30. Military service is hugely controversial in South Korea where all able-bodied men aged between 18 and 28 must fulfill their duties as part of efforts to defend against nuclear-armed North Korea.
“If the seven BTS members feel the same way and if you guys have faith in us, we will overcome whatever happens to us in the future and we will perform with you guys and make music. Please have faith in us,” BTS leader RM told fans during the concert, without elaborating further.
Four countries – South Korea, Italy, Ukraine and Saudi Arabia – have submitted competing candidatures to organize World Expo 2030, according to the expo organizing body Bureau International des Expositions (BIE). The host country of the World Expo 2030 is expected to be elected next year.
In July, BTS were made official ambassadors for the World Expo 2030 in Busan, over 300 km (190 miles) southeast of capital Seoul.
BTS made their debut in June 2013 and became a worldwide sensation with its upbeat hits and social campaigns aimed at empowering young people.
Last year, BTS became the first Asian band to win artist of the year at the American Music Awards. The group met US President Joe Biden at the White House in May to discuss hate crimes targeting Asians.
BANDUNG, Indonesia (AP) — Indonesia is preparing to start Southeast Asia’s first high-speed rail service that will cut travel time between two cities from the current three hours to about 40 minutes.
The railway line, which connects Indonesia’s capital Jakarta and Bandung, the heavily populated capital of West Java province, is part of China’s Belt and Road infrastructure initiative.
As the Jakarta-Bandung portion of the rail project approached 90% completion, Indonesia’s President Joko Widodo on Thursday visited Bandung’s Tegalluar station — one of the railway’s four stations — where eight train cars and an inspection train that arrived from China in early September were parked.
“We hope with the Jakarta-Bandung high-speed train, the mobility of goods and people can be faster and improved, and our competitiveness will also be stronger,” Widodo told reporters during the visit.
Widodo also expected the bullet train to benefit other sectors.
Earlier reports said Widodo would invite his Chinese counterpart Xi Jinping to ride on the China-made bullet train after the Group of 20 biggest economies summit in Bali next month. However, Widodo told reporters Thursday, the plan is still being discussed with Xi and “it is still not final yet.”
The train cars were designed and built by China’s CRRC Qingdao Sifang railway company. September’s delivery was CRRC’s first export of high-speed trains in its 11-train contract for KCIC400AF eight-car trains and one KCIC400AF-CIT inspection train. The contract, worth $364.5 million, was awarded to CRRC in April 2017.
The rail line construction that began in 2016 was originally expected to start operating in 2019 but was delayed until June 2023 due to disputes that involved land purchases and environmental issues.
The 142.3-kilometer (88.4-mile) railway worth $7.8 billion is being constructed by PT Kereta Cepat Indonesia-China, or PT KCIC, a joint venture between an Indonesian consortium of four state-owned companies and China Railway International Co. Ltd. The joint venture said the trains will be the fastest in Southeast Asia.
The CRRC claimed that the KCIC400AF train can reach speeds up to 350 kilometers (217 miles) per hour, pass curves with a minimum radius of 150 meters (492 feet), and is equipped with electric motors, each with a power of 625,000 watts. The cars will be divided into three classes: VIP, first and second, and several cars with large spaces between seats will be allocated for passengers with limited mobility.
The manufacturer said the trains are specifically modified to adapt to Indonesia’s tropical climate, and are equipped with an improved security system that has the ability to track earthquakes, floods and other emergency conditions. The length of the eight-car train is 208.9 meters (685.3 feet).
The rail deal was signed in October 2015 after Indonesia selected China over Japan in competitive bidding, and financed by a loan from the China Development Bank for 75%. The remaining 25% is the consortium’s own funds.
The project is part of a 750-kilometer (466-mile) high-speed train plant that would cut across four provinces on the main island of Java and end in the country’s second-largest city of Surabaya.
Jakarta’s subway — a Japan-backed venture — was inaugurated in 2019 as part of the capital’s efforts to ease traffic congestion. Its second phase will soon be completed and the United Kingdom and Japan have offered the country soft loans for its third phase, said transportation minister Budi Karya Sumadi.
The government has completed other rail projects, including light-rail transit services in Palembang and Jakarta, while five other cities, including on Indonesia’s tourist island of Bali, have LRT plans in the pipeline.
____
Associated Press writer Niniek Karmini in Jakarta, Indonesia, contributed to this report.
SRINAGAR, India — Assailants on Saturday fatally shot a Kashmiri Hindu man in violence police blamed on militants fighting against Indian rule in the disputed region.
Police said militants fired at Puran Krishan Bhat, who is from the minority community of Kashmiri Hindus, at his home in southern Shopian district. He was taken to a hospital where he died, police said in a statement.
Police and soldiers cordoned off the area and launched a search for the attackers.
In August, a local Hindu man was killed and his brother injured in Shopian in a shooting that police also blamed on insurgents.
Kashmir is divided between India and Pakistan and claimed by both in its entirety.
Rebels in the Indian-controlled portion of Kashmir have been fighting New Delhi’s rule since 1989. Most Muslim Kashmiris support the rebel goal of uniting the territory, either under Pakistani rule or as an independent country.
India insists the Kashmir militancy is Pakistan-sponsored terrorism. Pakistan denies the charge, and most Kashmiris consider it a legitimate freedom struggle. Tens of thousands of civilians, rebels and government forces have been killed in the conflict.
Kashmir has witnessed a spate of targeted killings since October last year. Several Hindus, including immigrant workers from Indian states, have been killed. Police say the killings — including that of Muslim village councilors, police officers and civilians — have been carried out by anti-India rebels.
The spate of killings come as Indian troops have continued their counterinsurgency operations across the region amid a clampdown on dissent and press freedom, which critics have likened to a militaristic policy.
Kashmir’s minority Hindus, who are locally known as Pandits, have long fretted over their place in the region. Most of an estimated 200,000 of them fled Kashmir in the 1990s, when an armed rebellion against Indian rule began. Some 4,000 returned after 2010 as part of a government resettlement plan that provided them with jobs and housing.
A 15-year-old suspect is in custody after five people were killed and at least two others wounded in a mass shooting Thursday in Raleigh that North Carolina’s governor called a “moment of unspeakable agony.”
A handgun and long gun were recovered after the shooting, during which the suspect wore camouflage and carried a camouflage backpack, according to a source with knowledge of the investigation.
One of the victims killed was an off-duty Raleigh police officer, Gabriel Torres, 29, who was on his way to work, authorities said.
“Enough,” President Joe Biden said in a statement Friday. “We’ve grieved and prayed with too many families who have had to bear the terrible burden of these mass shootings.”
The President added, “We must pass an assault weapons ban. The American people support this commonsense action to get weapons of war off our streets.”
Officials offered few details about what happened in the quiet, middle-class Raleigh neighborhood but said the crime scene extended over two miles on streets and a popular greenway. It ended after a long standoff during which the shooter was critically wounded.
The other fatalities were identified as Nicole Conners, 52; Sue Karnatz, 49; Mary Marshal 35; and James Roger Thompson, 16.
A police officer who was injured has been released from a hospital and another victim, Marcille Lynn Gardner, 59, is in critical condition, according to Raleigh Police Chief Estella D. Patterson.
“My heart is heavy, because we don’t have answers as to why this tragedy occurred,” Patterson said.
Karnatz’s husband, Tom, called her a loving wife and mother to three sons – ages 10, 13 and 14.
“We will miss her greatly,” he said in a statement to CNN.
In a Facebook tribute, he wrote Friday: “We had plans together for growing old. Always together. Now those plans are laid to waste.”
Christine Hines said she was having yard work done at her home Thursday afternoon when the gunfire erupted. Sirens blared. An officer yelled at her to get back in the house when she went to close the patio door, she said.
“I want to leave the area and then I have to consider that there’s really no perfect place,” Hines said. “And this is as close as I have seen, but I’m not sure if I want to stay.”
Hines recalled seeing Sue Karnatz earlier Thursday. They walked their dogs about the same time each day on opposite sides of the street because the pets don’t get along. Knowing her neighbor is gone, Hines said, feels like her heart had been pierced.
Of the teen suspect, Hines lamented: “Life hasn’t even begun for him.”
Another resident, who stood with her 15-year-old daughter and asked not to be identified, said police cars, ambulances and fire trucks were descending when a neighbor approached.
“She had seen a ghost,” the resident said. “She comes towards us, and I’m, like, what happened, and she said, ‘I just witnessed my neighbor being shot in the driveway.’ She was completely in shock.”
An officer in an unmarked car told them there was an active shooter. They locked themselves in a bedroom, the resident said.
“I started crying,” her daughter recalled.
On Friday morning, the teen was crying again.
“Imagining what people are going through,” she said. “And the fact that it was so close to us. It could have been us.”
Knightdale High School principal Keith Richardson said in a statement that Thompson was a junior at the school. “It is an unexpected loss and we are saddened by it,” said Richardson, adding that counseling and crisis services were available for students and staff.
Gov. Roy Cooper, a Democrat, who joined police and city officials at a news conference Friday, called the rampage an “infuriating and tragic act of gun violence.”
“It was a complex mission, in a short amount of time, to stop the shooter,” said Cooper, praising the police response.
“We’re sad. We’re angry and we want to know the answers to all the questions,” Cooper added. “Those questions will be answered. Some today and more over time. But I think we all know the core truth: No neighborhood, no parent, no child, no grandparent, no one should feel this fear in their communities.”
Raleigh police spokesperson Lt. Jason Borneo identified the suspected shooter as a White juvenile male, and police have not released any other details about him.
The suspect was moved to a hospital after being taken into custody, CNN affiliate WRAL-TV reported. Officials did not say the extent of the suspect’s injuries. CNN has reached out to the hospital for further information.
The shooting began just after 5 p.m. in the neighborhood of Hedingham near the Neuse River Greenway, officials said. A manhunt ensued as authorities worked to apprehend the suspect.
Police “contained” the suspect around 8 p.m. inside a residence in the area, Raleigh Mayor Mary-Ann Baldwin told reporters Thursday.
Helicopter footage from WRAL-TV showed more than a dozen emergency vehicles lined up on a road through a wooded area.
A woman who was at the Hedingham Golf Club driving range said an “unending stream of police” drove by the area.
“A golf pro came out to tell us to shelter inside or leave ASAP,” she told CNN. “They were very calm, but I could tell something was wrong, so we left right away.”
The suspect was taken into custody before 9:40 p.m. Thursday, police said.
Baldwin, joined at the news conference Thursday by other officials including Cooper, expressed her frustration at the heart-wrenching gun violence that infiltrated her city.
“Today has been a very difficult day in our city. We pray that something like this will never happen here. It did,” Baldwin said.
The mayor emphasized the widespread of gun violence must be stopped. “We have work to do, but there are too many victims,” she said.
“We have to wake up. I don’t want other mayors standing here at the podium, with their hearts breaking because people in their community died today, needlessly and tragically.”
There have been at least 531 mass shootings – including Thursday’s in Raleigh – in the US so far this year, according to the Gun Violence Archive. The organization, like CNN, defines a mass shooting as one in which at least four people are shot, excluding the shooter.
Cooper echoed the mayor’s sentiments and called for prayers for the victims and the community.
“Tonight, terror has reached our doorstep. The nightmare of every community has come to Raleigh,” Cooper said. “This is a senseless, horrific and infuriating act of violence that has been committed.”
Both Cooper and Baldwin praised the multi-agency response to the shooting, with Cooper saying law enforcement officers ran to “an active shooter who was ready to kill people.”
Law enforcement is anguished by the killings, including that of a fellow officer, Borneo said.
“For the Raleigh Police Department, every officer is a brother or sister, so when we lose one of our own, it is a tragic, heartbreaking day for all of us,” Borneo said.
Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here.
Hong Kong CNN
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When Xi Jinping came to power in 2012, he inherited a country at a crossroads.
Outwardly, China seemed an unstoppable rising power. It had recently overtaken Japan as the world’s second-largest economy, the country still basking in the afterglow of the dazzling 2008 Beijing Summer Olympics.
But deep within the high walls of Zhongnanhai, the leadership compound where Xi spent time as a child visiting his late father Xi Zhongxun, a liberal-minded vice premier, China’s new leader saw a country in crisis.
Rampant corruption plagued the Communist Party and stoked popular discontent, chipping away at the legitimacy of a regime Xi’s father helped bring to power. The quest to get rich over decades of economic reform created a gaping wealth gap and hollowed out the official socialist ideology, fueling a crisis of faith. And as the Arab Spring toppled dictators in the Middle East, the rise of social media in China offered a rare space for public dissent, amplifying calls for social justice and political change.
Xi took these perceived challenges head on. Born a “princeling” – the offspring of revolutionary heroes who founded Communist China – the Chinese leader saw himself as savior, entrusted by the party to steer it away from threats to its survival.
But instead of following in the reformist footsteps of his father, Xi opted for a path of total control. Combining the old authoritarian playbook and new surveillance technology, he has eliminated his rivals, tightened his grip on the economy and made the party omnipresent in China – embedding his own cult of personality in daily life.
Xi also touted the “Chinese dream” of national rejuvenation, offering a tempting vision to restore China to its past glory and reclaim its rightful place in the world.
“Xi Jinping sits on top of the party, the party sits on top of China, and China sits on top of the world. That’s basically the program,” said Richard McGregor, a senior fellow at the Lowy Institute in Australia.
Ten years on, Xi’s China is richer, stronger and more confident than ever, yet it is also more authoritarian, inward-looking and paranoid than it has been in decades. It has bolstered its international clout, at the expense of its relations with the West and many of its neighbors.
At a key party congress beginning on Sunday, Xi is poised to be appointed to a norm-breaking third term. It will be his coronation as China’s most powerful leader since Chairman Mao Zedong, paving the way for potential lifelong rule.
But as Xi grapples with a sharp economic downturn, growing frustration with his uncompromising zero-Covid policy and surging tensions with the United States and its allies, the sense of crisis that beset his rise to power has continued to haunt him, and is set to shape his rule in the years – if not decades – to come.
Xi saw the party’s crisis up close during his ascent to the top in 2012, when a sensational scandal brought down a prominent political rival and threatened to derail the leadership handover.
Bo Xilai, a fellow “princeling” and charismatic leader of the mega city of Chongqing, was vying for promotion into the top leadership when his police chief attempted to defect to a US consulate, accusing Bo of trying to cover up his wife’s murder of a British businessman. Party leaders feuded over how to deal with the fallout. Eventually, Bo was investigated and expelled from the party weeks before the five-yearly power reshuffle. Bo and his wife are today both serving life in prison.
Having risen through the ranks in the bustling coastal provinces during China’s reform and opening up, Xi would have seen no shortage of local corruption. But the blatant abuse of power and deep rifts at the very top of the leadership exposed in Bo’s scandal likely aggravated Xi’s sense of peril for the party’s survival.
“Our party faces many grave challenges and there are many pressing problems within the party that need to be solved, in particular corruption,” Xi said in his first speech hours after being appointed the top leader.
Within weeks, he launched the most brutal and long-lasting “war on graft” the party had ever seen. The sweeping purges targeted not only the corrupt, but also Xi’s political enemies, including powerful leaders who were accused of plotting a coup with Bo to seize power.
The crackdown instilled discipline, loyalty and a culture of fear, stifling opposition as Xi moved to amass power into his own hands. He styled himself as a strongman, eschewing the collective rule that was alleged to have exacerbated factionalism under his comparably weak predecessor Hu Jintao. In just four years, Xi asserted himself as the “core” of the party leadership, demanding its 96 million members to “unify their thinking, willpower and action” around him.
“(Xi) thinks the only instrument with which he can rule China at home and make gains abroad is a unified, strong, and powerful Communist Party. So he has made it his mission to strengthen the party under his rule,” said McGregor at the Lowy Institute. “He’s both strengthened himself, and he’s strengthened the party as a vehicle for himself.”
Consolidating the party from within was only part of his plan. Xi also set out to fortify the party’s grasp over the country. “Government, the army, society and schools, east, west, south, north and center – the party leads them all,” he said at the party congress in 2017.
Under Xi, the party reasserted itself in all aspects of life. It revitalized once-dormant grassroots party cells and set up new branches in private and foreign companies. It tightened its grip on the media, education, religion and culture, strangled civil society, and unleashed harsh crackdowns on Xinjiang and Hong Kong.
Xi also ramped up the party’s control of the economy, especially its once-vibrant private sector. His sweeping regulatory crackdown brought tycoons to heel and wiped out trillions of dollars of market value from Chinese firms.
In the online sphere, extensive censorship and real-life retaliation tamed social media. Instead of serving as a catalyst for social and political reforms, it became an amplifier for party propaganda and a breeding ground for nationalism.
The pervasive social control reached new heights during the pandemic. In the name of fighting Covid, 1.4 billion Chinese citizens lost their freedom of movement to the whims of the party and the prowess of the surveillance state. Cities across China are trapped in rolling, draconian lockdowns, sometimes for months on end, with millions of people confined to their homes or massive quarantine camps.
For Xi, safeguarding the party’s primacy is a painful lesson drawn from the Cultural Revolution, when the Communist establishment was attacked by Mao’s “red guards” and lost control over society.
Hundreds of thousands died in the turmoil, including Xi’s half-sister who was persecuted to death. Xi’s father was purged and tortured. Xi himself was incarcerated, publicly humiliated and sentenced to hard labor in an impoverished village at age 15.
“Arguably, his emphasis on party authority, and stopping individuals who disagree with the party from criticizing (it), is a result of his phobia of chaos because of what he saw happened to himself, his mother, his father and siblings,” said Joseph Torigian, an expert on Chinese politics at American University and author of an upcoming biography on the elder Xi.
Many Chinese who survived the Cultural Revolution – including some party elites – came away with a conviction to prevent a similar catastrophe from happening again, China needed the rule of law, constitutionalism and protection of individual rights. But Xi arrived at a very different conclusion.
“(He) believed that to achieve political order you needed to have a powerful leader, a powerful party, not creating a system in which people had rights that went too far, because they would only abuse them and hurt other individuals,” Torigian said.
So instead of turning against the party, Xi devoted himself to it. In interviews with state media, Xi spoke of how his seven years as a “sent-down youth” toughened him up and strengthened his resolve to serve the party and the people. “I was distilled and purified, and felt like a completely different man,” he told the People’s Daily in 2004.
Xi’s obsession for control was also shaped by the trauma of the collapse of the Soviet Union, which he has repeatedly cited as a cautionary tale for the Chinese Communist Party.
“Why did the Soviet Union disintegrate? Why did the Soviet Communist Party collapse? An important reason was that their ideals and beliefs had been shaken,” Xi told senior officials in a speech months after taking the helm of the party.
To address China’s own crisis of faith, Xi cracked down on religion, reinvigorated the party’s official Marxist ideology and promoted his own eponymous philosophy. “Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era” is enshrined in the party charter and dominates party speeches and meetings. It also permeates billboards, newspaper front pages and cinema screens, and is taught in classrooms across the country – to children as young as 7.
At the center of “Xi Jinping Thought” is the notion of the Chinese dream: the “great rejuvenation of the Chinese nation” – a vision Xi unveiled just weeks after coming to power.
It has since become a hallmark of his rule, shaping many of his policies at home and abroad.
“Xi Jinping is a man with a mission. He believes that he knows the ways to take China to the promised land of national rejuvenation,” said Steve Tsang, director of the China Institute at SOAS University of London.
“He is going back to his mythical visions of Chinese history, when China was the greatest civilization and country in the world. And the rest of the world (should) just respect, admire and follow the leadership of China.”
To be sure, many Chinese are proud of their country’s achievements. Under Xi, China declared an end to extreme poverty, modernized its military, emerged as a leader in next-generation technology and greatly expanded its global influence. It is striving to become the dominant power in space, commands the world’s largest navy, and makes its weight felt as an emerging superpower.
For others, Xi’s Chinese dream has turned into their living nightmare. In the country’s far west, Muslim minorities are arbitrarily incarcerated, forcibly assimilated and closely surveilled. In Hong Kong, pro-democracy supporters saw their freedom and hope crushed in a city changed beyond recognition. Across the country, numerous rights lawyers, activists, journalists, professors and businessmen are languishing in jail, or silenced by fear. In Xi’s eyes, they are all perceived threats to his quest for a strong and unified nation, and thus must be remolded or eliminated.
But increasingly, the sheen of the Chinese dream is coming off for ordinary people, too – young professionals who chose to “lie flat” in the face of intense pressure, depositors who lost their life savings in rural banks, homebuyers who refused to pay mortgages on unfinished homes, as well as business owners, laid-off workers and residents pushed to the brink by Xi’s relentless zero-Covid lockdowns. Some of them might have previously rooted for Xi and his vision, but are now paying the price for his policies.
The most disillusioned are seeking a way out. “Run philosophy” has become a Chinese buzzword, advocating emigration to escape what some see as a doomed future under Xi’s rule. Xi has repeatedly touted that China is rising and the West is in decline – a conviction strengthened by America’s political polarization, and his belief that China’s superior political model has enabled it to fight Covid better than Western democracies. But the growing number of disciples of “run philosophy” is an outright rejection of that narrative, showing many Chinese have no faith in his promise to make China great again.
Underpinning Xi’s Chinese dream is a bitter sense of resentment toward the West, rooted in the nationalistic narrative that before the party took power, China suffered a “century of humiliation” at the hands of foreign powers and was invaded, carved up, occupied and weakened.
In recent years, American measures to counter China’s rising influence has only reinforced its sense of being under siege from Western powers, McGregor said.
“It has a visceral, emotional appeal in China. It’s very powerful. I think Xi understands that and he intends to harness that to his own ends,” he said.
As a leader-in-waiting, Xi had already shown a strong disdain for foreign criticism of China. “There are some foreigners with full bellies who have nothing better to do than point fingers at us,” Xi told members of the Chinese community in Mexico on a visit as vice-president in 2009. “China does not export revolution, hunger or poverty. Nor does China cause you headaches. Just what else do you want?”
But Xi’s starkest warning to the West came last summer, when he presided over a grand celebration marking the party’s centenary. Standing on top of Tiananmen, or the Gate of Heavenly Peace, the towering entrance to the Forbidden City palace of imperial China, Xi declared the Chinese nation will no longer be “bullied, oppressed or subjugated” by foreign powers. “Anyone who dares to try, will find their heads bashed bloody against a great wall of steel forged by over 1.4 billion Chinese people,” he said to thundering applause from the crowd.
Since coming to power, Xi has repeatedly warned against the “infiltration” of Western values such as democracy, press freedom and judicial independence. He has clamped down on foreign NGOs, churches, Western movies and textbooks – all seen as vehicles for undue foreign influence.
Abroad, Xi embarked on an aggressive foreign policy. “Xi thinks this is China’s moment. And to seize that moment, he has to be assertive and take risks,” McGregor said.
Under Xi, China has openly competed for global clout with the United states, leveraging its economic heft to gain geopolitical influence. Its ties with the West are at their most fraught since the 1989 Tiananmen Square massacre – and they were further soured by Beijing’s tacit support for Moscow following the Russian invasion of Ukraine.
Xi and his Russian counterpart Vladimir Putin share a deep suspicion and hostility toward the US, which they believe is bent on holding China and Russia down. They also share a vision for a new world order – one that better accommodates their nations’ interests and is no longer dominated by the West.
But it remains to be seen how many countries are willing to join that alternative perspective. Views of China have grown more negative during Xi’s decade in power across many advanced economies, and in some, unfavorable views reached record highs in recent years.
Beijing’s sweeping claims of sovereignty have also antagonized many of its neighbors in the region. China built and militarized islands in the South China Sea, raised military tensions over a disputed island chain with Japan, and engaged in bloody border conflicts with India. It has also ramped up military intimidation of Taiwan, a self-governing democracy Xi has vowed to “reunify” with the mainland.
For its part, the US has awakened to the competition with China, and is working with allies and like-minded partners to take a raft of measures against Beijing on geopolitics, trade and technology.
That difficult international environment, along with the toll of zero-Covid and the economic headwinds, poses a big challenge for Xi in the years ahead.
But for the coming week, the party congress will be all about celebrating Xi’s victory. According to the party’s most updated official history, Xi has brought China “closer to the center of the world stage than it has ever been.”
Mao may have founded Communist China. But according to the party’s narrative, it is Xi who will lead the country to its rebirth as the new global superpower. Whether he can succeed will have a profound impact on the world.
SEOUL, South Korea — North Korea early Friday fired an additional ballistic missile and 170 rounds of artillery shells toward the sea and flew warplanes near the tense border with South Korea, further raising animosities triggered by the North’s recent barrage of weapons tests.
The North Korean moves suggest it is reviving an old playbook of stoking fears of war with provocative weapons tests before it seeks to win greater concessions from its rivals.
South Korea’s Joint Chiefs of Staff said in a statement the short-range missile lifted off from the North’s capital region at 1:49 a.m. Friday (1649 GMT Thursday; 12:49 p.m. EDT Thursday) and flew toward its eastern waters.
It was North Korea’s 15th missile launch since it resumed its testing activities on Sept. 25. North Korea said Monday its recent missile tests were simulations of nuclear strikes on South Korean and U.S. targets in response to their “dangerous” military exercises involving a U.S. aircraft carrier.
After the latest missile test, North Korea fired 130 rounds of shells off its west coast and 40 rounds off its east coast. The shells fell inside maritime buffer zones the two Koreas established under a 2018 inter-Korean agreement on reducing tensions, thus violating the accord, South Korea’s military said.
North Korea separately flew warplanes, presumably 10 aircraft, near the rivals’ border late Thursday and early Friday, prompting South Korea to scramble fighter jets. There were no reports of clashes between the two countries.
South Korean President Yoon Suk Yeol said North Korea’s provocations are becoming “indiscriminative’” but that his country has massive retaliation capabilities that can deter actual North Korean assaults to some extent.
“The decision to attack can’t be made without a willingness to risk a brutal outcome,” Yoon told reporters. “The massive punishment and retaliation strategy, which is the final step of our three-axis strategy, would be a considerable psychological and social deterrence (for the North).”
Maj. Gen. Kang Ho Pil of the South Korean Joint Chiefs of Staff later said in a televised statement that South Korea issued “a stern warning to (North Korea) to immediately halt” its weapons tests. He said South Korea has the ability to deliver an “overwhelming response” to any North Korean provocations.
South Korea’s Foreign Ministry said Friday it imposed sanctions on 15 North Korean individuals and 16 organizations suspected of involvement in illicit activities to finance North Korea’s nuclear weapons and missile programs. They were Seoul’s first unilateral sanctions on North Korea in five years, but observers say they are a symbolic step because the two Koreas have little financial dealings between them.
Most of the North’s recent weapons tests were ballistic missile launches that are banned by U.N. Security Council resolutions. But the North hasn’t been slapped with fresh sanctions thanks to a divide at the U.N. over U.S. disputes with Russia over its invasion of Ukraine and with China over their strategic competition.
The missile launched Friday traveled 650-700 kilometers (403-434 miles) at a maximum altitude of 50 kilometers (30 miles) before landing in waters between the Korean Peninsula and Japan, according to South Korea and Japanese assessments.
“Whatever the intentions are, North Korea’s repeated ballistic missile launches are absolutely impermissible and we cannot overlook its substantial advancement of missile technology,” Japanese Defense Minister Yasukazu Hamada said.
He said the missile flew on an “irregular” trajectory — a possible reference to describe the North’s highly maneuverable KN-23 weapon modeled on Russia’s Iskander missile.
The U.S. Indo-Pacific Command said in a statement the North Korean launch didn’t pose an immediate threat to U.S. personnel or territory, or to its allies, adding that the U.S. commitments to the defense of South Korea and Japan remain “ironclad.”
Other North Korean tests in recent weeks included a new intermediate-range missile that flew over Japan and demonstrated a potential range to reach the U.S. Pacific territory of Guam; a ballistic missile fired from an inland reservoir, a first for the country; and long-range cruise missiles.
After Wednesday’s cruise missile launches, North Korean leader Kim Jong Un said the tests successfully demonstrated his military’s expanding nuclear strike capabilities. He said his nuclear forces were fully prepared for “actual war to bring enemies under their control at a blow” and vowed to expand the operational realm of his nuclear armed forces, according to North Korea’s state media.
Some observers had predicted North Korea would likely temporarily pause its testing activities this week in consideration of its ally China, which is set to begin a major political conference Sunday to give President Xi Jinping a third five-year term as party leader.
North Korea’s ongoing testing spree is reminiscent of its 2017 torrid run of missile and nuclear tests that prompted Kim and then U.S.-President Donald Trump to exchange threats of total destruction. Kim later abruptly entered high-stakes nuclear diplomacy with Trump in 2018 but their negotiations fell apart a year later due to wrangling over how much sanctions relief Kim should be provided in return for a partial surrender of his nuclear capability.
Kim has repeatedly said he has no intentions of resuming the nuclear diplomacy. But some experts say he would eventually want to win international recognition of his country as a nuclear state and hold arms control talks with the United State to wrest extensive sanctions relief and other concessions in return for partial denuclearization steps.
The urgency of North Korea’s nuclear program has grown since it passed a new law last month authorizing the preemptive use of nuclear weapons over a broad range of scenarios, including non-war situations when it may perceive its leadership as under threat.
Most of the recent North Korean tests were mostly of short-range nuclear-capable missiles targeting South Korea. Some analysts say North Korea’s possible upcoming nuclear test, the first of in five years, would be related to efforts to manufacture battlefield tactical warheads to be placed on such short-range missiles.
These developments sparked security jitters in South Korea, with some politicians and scholars renewing their calls for the U.S. to redeploy its tactical nuclear weapons in South Korea as deterrence against intensifying North Korean nuclear threats
North Korea’s military early Friday accused South Korea of carrying out artillery fire for about 10 hours near the border, forcing it to take unspecified “strong military countermeasures” in response.
South Korea’s military later confirmed it conducted artillery training at a site 10 kilometers (6.2 miles) away from the Koreas’ military demarcation line and said the training did not violate the conditions of the 2018 agreement.
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Associated Press writer Mari Yamaguchi in Tokyo contributed.
U.S. stocks soared Thursday, with gains of 2% and above across all major indexes, after falling sharply in opening trading on an unexpectedly hot inflation report that strengthened the Federal Reserve’s position on the need for more aggressive interest rate hikes.
The S&P 500 rose 84 points, or 2.4%, to close at 3,662. The Dow Jones Industrial Average rose 785 points, or 2.7%, and the Nasdaq Composite climbed 2%. The S&P 500 is down 26% this year and close to a two-year low.
The Dow’s swing of more than 1,300 points during the day was its largest since March 2020, as was S&P 500’s percentage move from low to high.
Stocks in Europe also flipped from losses caused by the U.S. inflation data, while Treasury yields pulled back from their initial surge. The value of the U.S. dollar against other currencies sank after initially jumping.
They’re the latest jagged, back-and-forth moves for markets, which have been swinging sharply due to all the uncertainties about economies around the world and how badly higher interest rates will hurt them.
Is inflation heating or cooling?
Analysts said some data points buried deep within the inflation report may be offering hope that inflation is on its way to marking a peak and then easing, even though current conditions look dour. Others said technical reasons could also be helping to support markets, as some investors closed out of trades betting on declines following the inflation report.
“Hopefully it’s because people have dug into the details of the inflation report and noticed a few signs that we could get inflation relief by the end of the year,” said Brian Jacobsen, senior investment strategist at Allspring Global Investments.
“Markets have talked themselves off a ledge, so to speak, and they’re a bit more hopeful,” said Kristina Hooper, chief global markets strategist at Invesco.
Most investors came into the morning already expecting the Fed to hike its key overnight interest rate by three-quarters of a percentage point next month, which would be its fourth straight hike that was triple the usual size.
“Not only is the Federal Reserve going to raise rates by 75 bps next month, but there is now a possibility that they will raise rates by another 75 bps in December,” predicted Chris Zaccarelli, chief investment officer for Independent Advisor Alliance.
Minutes from the Fed’s last meeting, released Wednesday, underscored the central bank’s commitment to taming “unacceptably high” inflation.
Higher rates make buying a house, car or anything else purchased on credit more expensive, and the hope is that will slow the economy and job market enough to undercut inflation. But higher rates take a notoriously long time to take full effect, and the Fed risks causing a recession if it ends up going too far.
As the day progressed, and investors had more time to dig into the inflation report’s details, analysts said they perhaps saw some glimmers of hope. Even though what’s called “core” inflation accelerated last month, overall inflation including food and energy prices slowed by a touch.
September retail sales data to be released Friday could give a clearer picture of where prices are hottest and how Americans are reacting.
The Fed and other central banks in Europe and Asia have raised rates by unusually big margins to cool inflation that is at multidecade highs, but traders are afraid they might tip the global economy into recession.
“While inflation is still way too high, and core inflation is at a new generational high, the Fed is unlikely to increase the increment of its rate hikes,” Bill Adams, Chief Economist for Comerica Bank, said in a report.
Delta Air Lines shares jumped more than 4% premarket after it reported a $695 million third-quarter profit. Atlanta-based Delta said higher average fares this summer and a lucrative credit-card business more than offset rising fuel costs. The airline forecast that revenue during the final three months of the year will top pre-pandemic levels.
Dollar edges back
In energy markets, benchmark U.S. crude gained 13 cents to $87.40 per barrel in electronic trading on the New York Mercantile Exchange.
The dollar’s exchange rate has been rising against other currencies due to the Fed’s rate hikes and recession fears. The yen’s weakness has prompted expectations Japan’s central bank might intervene for a second time to prop up the exchange rate following an intervention in September.
LAFAYETTE, Ind. — A Purdue University student was charged with murder Thursday in the stabbing death of his roommate, whose body was found by officers sitting in a chair in their campus dorm room.
Ji Min Sha, a 22-year-old cybersecurity major from Seoul, South Korea, faces one count of murder in the killing of Varun Manish Chheda, 20, of Indianapolis.
Prosecutors allege that Sha stabbed Chheda, a data science major, several times in the head and neck with a folding knife that officers found on the floor near the chair where Chheda’s body was discovered, according to the Journal & Courier in Lafayette, Indiana.
Purdue Police Chief Lesley Wiete said last week that Sha called police early on Oct. 5 and told them his roommate was dead in their first-floor dorm room on the campus in West Lafayette, which is about 65 miles (104 kilometers) northwest of Indianapolis.
Officers who arrested Sha found him wearing clothes with blood on them, prosecutors said, and an autopsy found that Chheda had died of “multiple sharp-force traumatic injuries.”
Sha appeared in court Thursday afternoon for his initial hearing before a Tippecanoe County magistrate who informed him of his rights and told Sha he could face between 45 and 60 years in prison if he’s convicted of Chheda’s murder. He is being held without bond.
A message seeking comment from Sha’s attorney, Kyle Cray, was left Thursday afternoon by The Associated Press.
Prosecutors have not disclosed a motive in the killing. But Sha told reporters “I was blackmailed,” when asked last week why he killed Chheda, without elaborating. He also apologized to Chheda’s family, the Journal & Courier reported.
ANKARA, Turkey — Russian President Vladimir Putin on Thursday doubled down on his proposal to turn Turkey into a gas hub for Europe after deliveries to Germany through the Baltic Sea’s Nord Stream pipeline were halted.
Putin floated the idea of exporting more gas through the Turk Stream gas pipeline running beneath the Black Sea to Turkey as he met with Turkish President Recep Tayyip Erdogan on the sidelines of a regional summit in Kazakhstan.
It’s the second unlikely energy proposal that Putin has pitched in as many days, with European leaders calling Russia’s cuts in natural gas a political bid to divide them over their support for Ukraine. It’s created an energy crisis heading into winter that has fueled inflation, forced some industries to cut production and sent utility bills soaring.
“This is just another attempt by Russia to use gas as a geo-strategic tool to weaken EU and NATO countries,” said Simone Tagliapietra, an energy policy expert at the Bruegel think tank in Brussels.
Russia was “tempting Turkey to becoming an energy hub — a long lasting strategic aim of the country — while trying to create new divisions among European countries,” the analyst said, adding that Putin’s strategy was not likely to succeed.
A day earlier, Germany rejected Putin’s proposal to step up gas flows to Europe via a link of the Nord Stream 2 pipeline under the Baltic Sea – a pipeline that has never been operational. Moscow has cut off the parallel Nord Stream 1 gas pipeline over what it claimed were technical problems.
The Russian leader first voiced the proposal on Wednesday, saying that Russia could increase the volume of its gas exports to Turkey through the Black Sea pipeline.
“We could … make the main routes for the supply of our fuel, our natural gas to Europe through Turkey, creating in Turkey the largest gas hub for Europe — if, of course, our partners are interested in it,” Putin told a Moscow energy forum.
On Thursday, he said the hub could help regulate “exorbitant” prices. “We could easily regulate (prices) at a normal market level, without any political overtones,” Putin said.
“Putin is in a desperate situation. Nord Stream 1 and 2 are not operational and are unlikely to be operational for a long while,” said Mehmet Ogutcu, chairman of the London Energy Club. “Europe has made clear that it will not enter an engagement (with Russia) as long as the war in Ukraine continues.”
“Turkey remains Putin’s only option,” he said.
Ogutcu said Turkey was likely to tread carefully, wary of further increasing its dependence on Russia.
“There is a delicate balancing act (by Turkey). If the balance tilts too much toward Russia this will damage (Ankara’s) relations with the West,” Ogutcu said.
Erdogan did not comment publicly on the proposal but Putin’s spokesman, Dimitry Peskov said Turkey has reacted positively to the idea. Officials from Erdogan’s office could not immediately be reached for comment.
Turkey’s state-run news agency however, quoted Turkish Energy Minister Fatih Donmez as saying on Wednesday that it was “too early to assess” the proposal.
“Technically it is possible,” Anadolu Agency quoted Donmez as telling reporters at the same Moscow energy forum. “For such international projects, technical, commercial and legal evaluation and feasibility studies need to be conducted.”
NATO-member Turkey, which is depending on Russian for its energy needs and tourism, has criticized Moscow’s actions in Ukraine but has not joined U.S. and European sanctions against Russia. It has maintained its close ties with both Moscow and Kyiv and positioning itself as a mediator between the two. Ankara recently helped broker key deals that allowed Ukrainian to resume grain exports and led to a prisoner swap between Ukraine and Russia.
Although Russia is still conveying gas to Europe via Ukraine, the amount has plummeted drastically with the two Baltic pipelines out of commission.
The Nord Stream 2 pipeline never came on stream because Germany blocked its operation just before Russia launched its invasion of Ukraine on Feb. 24.
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Litvinova reported from Tallinn, Estonia. David McHugh contributed from Frankfurt.
U.S. markets rallied after falling sharply in opening trading Thursday after an unexpectedly hot inflation report strengthened the Federal Reserve’s position on the need for more aggressive interest rate hikes.
The S&P 500 was up 69 points, or 1.9%, to 3,646, as of noon. Eastern time. The Dow Jones Industrial Average rose 668 points, or 2.3%, and the Nasdaq Composite climbed 1.5%. The S&P 500 is down 26% this year and close to a two-year low.
“Not only is the Federal Reserve going to raise rates by 75 bps next month, but there is now a possibility that they will raise rates by another 75 bps in December,” predicted Chris Zaccarelli, chief investment officer for Independent Advisor Alliance.
Minutes from the Fed’s last meeting, released Wednesday, underscored the central bank’s commitment to taming “unacceptably high” inflation.
“A hawkish reaction to the data could add more pressure to stocks,” Anderson Alves of ActivTrades said in a report.
September retail sales data to be released Friday could give a clearer picture of where prices are hottest and how Americans are reacting.
The Fed and other central banks in Europe and Asia have raised rates by unusually big margins to cool inflation that is at multidecade highs, but traders are afraid they might tip the global economy into recession.
“While inflation is still way too high, and core inflation is at a new generational high, the Fed is unlikely to increase the increment of its rate hikes,” Bill Adams, Chief Economist for Comerica Bank, said in a report.
Delta Air Lines shares jumped more than 4% premarket after it reported a $695 million third-quarter profit. Atlanta-based Delta said higher average fares this summer and a lucrative credit-card business more than offset rising fuel costs. The airline forecast that revenue during the final three months of the year will top pre-pandemic levels.
Dollar edges back
In energy markets, benchmark U.S. crude gained 13 cents to $87.40 per barrel in electronic trading on the New York Mercantile Exchange.
The dollar’s exchange rate has been rising against other currencies due to the Fed’s rate hikes and recession fears. The yen’s weakness has prompted expectations Japan’s central bank might intervene for a second time to prop up the exchange rate following an intervention in September.
A Singapore court on Tuesday sentenced an OnlyFans creator to three weeks in prison for breaching a police order to stay off the adult subscription site while he was under investigation for allegedly breaking obscenity laws.
Titus Low, 22, pleaded guilty to the charge and another count of transmitting obscene material for which he was fined 3,000 Singapore dollars (about $2,000), according to court documents. He will begin his jail term on October 26, his lawyer told CNN.
The sale and production of pornographic materials is illegal in Singapore but that has not stopped OnlyFans from building a following in the conservative city state – where watching porn is not against the law but online sites are restricted by state censors.
Low is the first OnlyFans creator to be prosecuted in Singapore. He joined the site famous for its NSFW content in April 2021 and at one point had more than 3,000 paid subscribers to his channel – mostly men.
Police arrested Low in December last year after a man had complained three months earlier that he found an obscene video of the OnlyFans star on his 12-year-old niece’s phone.
Low was later released on bail under the condition that he would not access his OnlyFans account.
In court Tuesday, prosecutors said Low had breached that order and “undermined police investigations to advance his financial interests” on multiple occasions.
Low admitted to the court that he failed to comply with the police order. He told the court he had reached out to OnlyFans to regain access to his account several times because he felt “obligated” to continue providing content to his subscribers.
Defense lawyer Kirpal Singh told CNN that Low’s adult content had been “redistributed without his knowledge, authorization or consent.”
“He has also not been posting on the platform and wants to finally move on from this episode,” Singh said, adding that Low had no plans to appeal.
CNN reached out to OnlyFans for comment but had not heard back at the time of publication.
Low told CNN on Wednesday that he was “prepared” to serve prison time. “I plan to meditate a lot and read,” he said. And he also refused to rule out a return to OnlyFans.
“It wouldn’t be fair if the ban stayed. I love what I do and it’s what I’m known for. My nudes are out there already,” he said.
“But that is also the nature of OnlyFans. Creators have little control over our material being leaked or recirculated without our knowledge and that is not something I can control, but I will definitely be more careful going forward.”
The EU’s energy crisis response is getting bigger, slowly. But so, too, is the threat posed by Russia’s freeze on Europe’s gas supply.
A new package of measures to bring down the price of gas and protect consumers this winter and beyond — including plans to fully leverage the EU’s collective buying power — will be formally proposed by the European Commission next week.
But there remains uncertainty about key aspects of the package — including whether the preferred intervention of many countries, an EU-wide cap on gas prices, will be part of it, and if so, in what form. It could also take until November to get next week’s proposals fully signed off and operational, officials said.
Even as energy ministers deliberated over the measures in Prague on Wednesday, Russia issued new, veiled warnings about the depths of Europe’s vulnerability.
Speaking at an energy conference in Moscow, the head of Gazprom Alexey Miller warned European homes could still freeze this winter even though EU countries have nearly filled their gas storage capacity.
At the same event, Vladimir Putin discussed the sabotage of the Nord Stream pipelines — an act that many Western governments suspect was the work of Russia. Then he added pointedly that the incident had shown how “any critical infrastructure in transport, energy or communication infrastructure is under threat — regardless of what part of the world it is located, by whom it is controlled, laid on the seabed or on land.”
Noting that one of the pipelines is still potentially operational after the attack, Putin insisted Russia was ready to send gas through it to ease Europe’s pain this winter — bringing his overarching strategy of gas blackmail against Europe right up to date.
“The ball, as they say, is on the side of the European Union. If they want it, let them just open the tap,” Putin said. “We are ready to supply additional volumes in the autumn-winter period.”
Putin may still be hoping that when the reality of winter without Russian gas begins to bite, European governments will be more open to such overtures — and more willing to rein in support for Ukraine in exchange for an energy lifeline.
For the EU’s part, Energy Commissioner Kadri Simson was clear that while the bloc faced “difficult times,” countries would withstand the challenges ahead if they “act together, decisively and in solidarity.”
Speaking at the close of an informal summit of EU energy ministers on Wednesday, she added that the next crisis package will also contain a proposal for a new benchmark price for gas and further measures to reduce demand across the bloc.
But while a row over capping the price of gas has dominated the debate in recent weeks, momentum has shifted to the idea of joint purchasing on the international market. It is hoped that through this measure the bloc can avoid the situation seen this year when member states outbid one another for supplies when filling gas storage facilities — driving up the price for all.
European Commissioner for Energy Kadri Simson | John Thys/AFP via Getty Images
In an informal policy paper issued on Wednesday, Germany and the Netherlands set how such a measure could work, by beefing up the existing EU Energy Platform, which was established months ago but then barely used. Efforts to buy gas jointly should be coupled with better EU-wide coordination of gas storage next year, the German and Dutch paper said.
The proposals point to the extent to which the EU is no longer simply planning how to survive this winter without rolling blackouts. It’s now firmly planning for a crisis next winter too.
Executive Director of the International Energy Agency Fatih Birol, who also attended Wednesday’s summit in Prague, warned ministers that “the next winter may well be even more difficult.”
That message was echoed in a sobering briefing from the EU Agency for the Cooperation of Energy Regulators, which outlined how challenging 2023 and potentially 2024 could be for the bloc’s energy supply. Amid an expected surge in demand in Asia for liquefied natural gas (LNG), the EU will face greater competition for limited LNG supplies from sources such as the U.S. and Qatar.
In short, every molecule of gas that remains in European storage after this winter might be vital — and Vladimir Putin knows it.
Victor Jack and America Hernandez provided additional reporting.
As tensions between China and Taiwan simmer at their highest point in decades, officials in both places have clashed in recent days over an unsolicited idea from billionaire Elon Musk.
The world’s richest man suggested in an interview that hostilities between the two could be resolved if Taipei handed some control of the democratically governed island to Beijing, prompting praise from China and predictable outrage in Taiwan.
“My recommendation … would be to figure out a special administrative zone for Taiwan that is reasonably palatable, probably won’t make everyone happy,” Musk told the Financial Times in an interview published on Friday. “And it’s possible, and I think probably, in fact, that they could have an arrangement that’s more lenient than Hong Kong.”
China’s ambassador to the United States, Qin Gang, thanked Musk for his suggestion in a tweet Saturday, calling for “peaceful unification and one country, two systems.”
ButTaiwan’s representative to the US, Bi-khim Hsiao, wrote: “Taiwan sells many products, but our freedom and democracy are not for sale.”
China’s ruling Chinese Communist Party views Taiwan as part of its territory, despite having never governed it, and has long vowed to “reunify” the island with the Chinese mainland, by force if necessary. Taiwan, a democracy of 23 million people, strongly objects to Beijing’s claims to the island.
Beijing has offered Taiwan a “one country, two systems” system of governance, similar to Hong Kong, but that has been rejected by all of the island’s mainstream political parties and the proposal has received very little public support.
In a briefing on October 7, China’s Foreign Ministry spokesperson Mao Ning said the “Taiwan question is China’s internal affair.”
“China’s position on resolving the Taiwan question is consistent and clear. We remain committed to the basic principle of peaceful reunification and ‘one country, two systems,’” she said. “At the same time, we will resolutely defeat attempts to pursue the ‘Taiwan independence’ separatist agenda, push back interference by external forces, and safeguard our sovereignty and territorial integrity.”
Wang Ting-yu, a senior lawmaker for Taiwan’s ruling Democratic Progressive Party, slammed Musk in a Facebook post on Saturday. “Musk’s solution is all about victim concessions,” he said.
Musk’s comments about Taiwan come days after he angered Ukrainian President Volodymyr Zelensky for tweeting a “peace” plan between Russia and Ukraine, proposing that Kyiv permanently cede Crimea to Moscow and hold new referendums in regions annexed by Russia – this time under the supervision of the United Nations.
“Which Elon Musk do you like more?” Zelensky asked his Twitter followers, using the social media platform’s poll function.
“One who supports Ukraine,” or “One who supports Russia.”