Author: prosperplanetpulse.com

North Korea said Thursday it had tested technology to launch multiple nuclear warheads on a single missile for the first time, days after Russian President Vladimir V. Putin visited the country and raised the possibility of expanding military and technological cooperation.North Korea’s state-run Korean Central News Agency reported that Wednesday’s test was “aimed at ensuring MIRV capability.” MIRV stands for “multiple independently targetable reentry vehicle,” a missile that can carry multiple warheads and send each one to a different target. The report said the test was part of a MIRV system, not a full-fledged multiple-warhead missile.Since North Korean leader Kim…

Tom WestbrookSINGAPORE (Reuters) – Asian stocks fell and bond yields surged on Thursday on worries about inflation, while currency traders were wary that Japan might step in to stabilise the yen’s strength after it topped 160 yen to the dollar.The dollar hit six-week highs against the pound and New Zealand dollar and was trading at 160.4 yen to the dollar, just below Thursday’s 38-year high.The anxious mood left overheated sectors of financial markets particularly vulnerable, with Nasdaq futures down 0.4%.Shares of leading chipmaker Micron Technology Inc. fell 8% in U.S. after-hours trading after the company missed rather than beat lofty…

Economists at Charles Schwab note that current market conditions are beginning to resemble 2021, the year before the most recent stock market decline.The bank’s investment analysts warned that the widening disconnect between the underperformance of individual stocks and the rapid rise of indexes such as the S&P 500 was causing problems.”If the weakness of the former and the strength of the latter continue into the future, this will start to eerily mimic what we saw in 2021,” Liz Ann Sonders, chief investment strategist at Charles Schwab for 24 years, said in a June 24 market commentary.The surge in tech stocks…

What were you doing when you were 18? The answer varies from person to person, but for 18-year-old Erin Polk, she’s an entrepreneur who runs her own coffee shop on Chicago’s South Side. Erin has loved coffee since she was a child, but last year she decided to turn her passion for coffee into a full-fledged business. She opened Erin’s Cup in the city’s Morgan Park neighborhood when she was 17, her senior year of high school. “When I was about 16, I started developing ideas for what I wanted my space to be, and it just kept growing,” she…

OAKLAND, Calif. (KGO) — New details have emerged about one of the central figures in the FBI’s political corruption investigation that led to a search of the Oakland mayor’s home last week.A quick search of Andy Duong’s Instagram page reveals that he frequently posts with political dignitaries, including President Joe Biden, Vice President Kamala Harris, Governor Gavin Newsom, Attorney General Rob Bonta, and Secretary of Health and Human Services and former state Attorney General Xavier Becerra. The list also includes elected leaders from other states, such as Nevada Attorney General Aaron Ford.According to an investigation by the Fair Political Practices…

Chile is the world’s second-largest lithium producer after Australia, thanks to production from SQM and rival Albemarle, which plans to use its own DLE in the country. Bolick’s mandate sparked a frenzy among DLE companies to expand into Chile, home to the world’s largest lithium reserves. But so far, DLE technology has never worked at a commercial scale without a reservoir. Santiago-based SQM studied more than 70 DLE technologies before selecting 12 for pilot testing, with testing of two of them currently underway, said Carlos Diaz, head of SQM’s lithium division. Reuters On the sidelines of the Fastmarkets Lithium Supply…

Minister of Petroleum and Mineral Resources Tarek El Molla welcomed James Robert Maguire, Chairman of the Carlyle Group, Matios Rigas, Chairman of Energiaan Greece, and Parminder Singh, Executive Director of the Carlyle Group. The meeting discussed Carlyle’s acquisition of Energiaan’s assets in Egypt, Italy and Croatia as part of the Group’s strategy to expand its oil, gas and energy businesses, particularly in the Mediterranean region. El Molla appreciated the global group’s ambition to operate in Egypt and the region by establishing a subsidiary dedicated to exploration and production in the Mediterranean. He stressed that the entry of new oil companies…

The bell is pictured at the Euronext Brussels Stock Exchange bell ceremony in Brussels on March 18, 2024.Nicolas Maeterlinck | AFP | Getty ImagesLONDON — European stock markets are expected to open in negative territory on Thursday as global inflation concerns continue to rattle markets.According to IG data, the UK’s FTSE index is expected to open at 8,207, down 19 points, Germany’s DAX is expected to open 40 points down at 18,122, France’s CAC 40 down 13 points to 7,593 and Italy’s FTSE MIB down 92 points to 33,643.Global market attention has shifted to the latest U.S. inflation data with…

What’s going on?Australian shares plunged more than 1% on Thursday, with the S&P/ASX 200 index down 1.4% to 7671.3, its lowest close since May.What does this mean?According to the latest data, Australia inflation It jumped to 4% in May, much higher than expected and putting the onus on the economy to rise. interest Interest rates hike by the Reserve Bank of Australia (RBA). The RBA had previously signalled it was prepared to raise rates if inflation remained elevated. As a result, analysts at Morgan Stanley expect a rate hike in August, which could further weaken trading conditions in the country.…

The owner of a Bridgeport beauty supply store is speaking out after her store was once again the target of vandalism. This isn’t the first time Prima owner Whitney Cumbo has found herself in hot water outside of her own business. “The last time, a guy on a bike drove by and punched my window,” Cumbo said. “The time before that, a guy came by on his bike and threw a rock at my window and broke it. This is something that happens really often and I think people need to hear it and be aware.” Kambo started the small…