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G7 finance heads vow financial stability, supply chain diversity

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Sgt4succsess SMACIN GRACEFULL TEAM G7 finance heads vow financial stability, supply chain diversity Communique pledges greater role for low- and middle-income countries in diversifying supply chains. ADVERTISEMENT Group of Seven (G7) finance leaders have pledged to take action to maintain the stability of the global financial system after recent banking turmoil and to give low- and middle-income countries a bigger role in diversifying supply chains to make them more resilient. ADVERTISEMENT Their communique did not mention China by name but the supply-chain language fits in with “friend-shoring” efforts by industrial democracies to work with each other to become less reliant on the Asian manufacturing powerhouse for battery minerals, semiconductors and other strategic goods. ADVERTISEMENT “We commit to jointly empowering low- and middle-income countries to

North Korea fires possible ‘new type’ ballistic missile

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Sgt4succsess SMACIN GRACEFULL TEAM North Korea fires possible ‘new type’ ballistic missile Japan ordered Hokkaido residents to evacuate when the launch was detected before the weapon fell into the sea. ADVERTISEMENT North Korea has launched what could be a “new type” of ballistic missile that landed in the waters between the Korean Peninsula and Japan, prompting Tokyo to lodge a “strong protest” after fears the weapon might land in or near its northern island of Hokkaido led to an evacuation order. ADVERTISEMENT South Korea’s Joint Chiefs of Staff (JCS) said the North Korean missile was launched at a lofted angle on Thursday from a location near the capital Pyongyang at 7:23am (22:23 GMT on Wednesday). ADVERTISEMENT The missile, suspected to be intermediate-range or longer, flew for about 1,000km (621 miles) in the direction of the waters between the Korean Pen

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