North Korea conducted its largest missile test since 2017 on Sunday, sending a suspected intermediate-range ballistic missile soaring into space.
The launch was widely regarded as a further step closer to a resumption of long-range testing by the nuclear-armed country.
South Korea's joint chiefs of staff said a projectile believed to be a single ballistic missile was launched at about 7:52am from North Korea's Jagang Province towards the ocean off its east coast. The test appeared to involve an intermediate-range ballistic missile, which North Korea has not tested since 2017.
South Korea's National Security Council convened a rare emergency meeting presided over by President Moon Jae-in.
The launch takes North Korea a step closer to fully scrapping a self-imposed moratorium on testing its longest-range intercontinental ballistic missiles, Mr Moon said.
He said a flurry of missile tests this month was reminiscent of heightened tensions in 2017, when North Korea conducted nuclear tests and launched its largest missiles, including some that flew over Japan.
North Korean leader Kim Jong-un has said he is no longer bound by the moratorium, which included halting nuclear weapons tests and was announced in 2018 amid diplomacy and summits with US president Donald Trump.
North Korea's rulers suggested this month they could restart those testing activities because the US and its allies had shown no sign of dropping their “hostile policies.”
“The United States condemns these actions and calls on (North Korea) to refrain from further destabilising acts,” the US military's Indo-Pacific Command said of Sunday's launch.
A US State Department spokesman said the launch demonstrated the threat posed by North Korea's unlawful weapons of mass destruction and ballistic missile programmes, and called on Pyongyang to engage in “sustained and substantive” dialogue.
Bigger missiles
It is unclear if intermediate range missiles were included in Kim's moratorium, but those, too, have not been tested since 2017. South Korea's JCS and Japanese Chief Cabinet Secretary Hirokazu Matsuno separately said the missile was estimated to have reached an altitude of 2,000 kilometres and flown for 30 minutes to a distance of 800km. An inter-continental missile could travel seven times that distance.
Missile experts said the data could indicate a test of an IRBM such as the Hwasong-12, which was last tested in 2017, or a new type.
“Regardless of whether it’s a IRBM or ICBM, this is a strategic missile of some sort and clearly not the same as the prior tests in the January 2022 test series to date,” George William Herbert, an adjunct professor at the Centre for Nonproliferation Studies and a missile consultant, said on Twitter.
The launch could make January the busiest month yet for North Korea's missile programme, which analysts say is expanding and developing new capabilities despite strict sanctions and UN Security Council resolutions that ban the country's ballistic missile tests.
Its latest launches included a test of two short-range ballistic missiles and their warheads on Thursday, and an updated long-range cruise missile system tested on Tuesday.
“Kim seems to be ramping up tests in bid to pressure both Washington and Beijing over sanctions just ahead of the Olympics,” said Uk Yang, research fellow at the Centre for Foreign Policy and National Security.
Hypersonic test
The tests would also appear to be the final nail in the coffin for Mr Moon's last-ditch push for a peace deal with North Korea before he leaves office in May.
“It's clear that North Korea is saying inter-Korean relations will need to start from scratch.”
In a recent speech, Kim Jong-un called for the military to be bolstered with cutting-edge technology at a time when talks with South Korea and the US have stalled.
Since then, North Korea has tested a dizzying array of weapon types, launch locations, and increasing sophistication.
Jagang Province was the site of two launches this month of what North Korea said was a “hypersonic missile,” which could reach high speeds while flying and manoeuvring at relatively low altitudes, but the ranges reported on Sunday were higher and farther than those earlier tests.
“The ballistic missile launch and the ones before it are a threat to our country, the region and the international community,” Mr Matsuno said. “This series of launches violate UN resolutions and we strongly protest this action by North Korea.”
Match info
Athletic Bilbao 0
Real Madrid 1 (Ramos 73' pen)
Our legal consultants
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
UAE currency: the story behind the money in your pockets
South and West: From a Notebook
Joan Didion
Fourth Estate
The biog
Favourite book: Men are from Mars Women are from Venus
Favourite travel destination: Ooty, a hill station in South India
Hobbies: Cooking. Biryani, pepper crab are her signature dishes
Favourite place in UAE: Marjan Island
The biog
Favourite films: Casablanca and Lawrence of Arabia
Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins
Favourite dish: Grilled fish
Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.
The view from The National
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
COMPANY%20PROFILE%20
%3Cp%3EName%3A%20DarDoc%3Cbr%3EBased%3A%20Abu%20Dhabi%3Cbr%3EFounders%3A%20Samer%20Masri%2C%20Keswin%20Suresh%3Cbr%3ESector%3A%20HealthTech%3Cbr%3ETotal%20funding%3A%20%24800%2C000%3Cbr%3EInvestors%3A%20Flat6Labs%2C%20angel%20investors%20%2B%20Incubated%20by%20Hub71%2C%20Abu%20Dhabi's%20Department%20of%20Health%3Cbr%3ENumber%20of%20employees%3A%2010%3C%2Fp%3E%0A
Bundesliga fixtures
Saturday, May 16 (kick-offs UAE time)
Borussia Dortmund v Schalke (4.30pm)
RB Leipzig v Freiburg (4.30pm)
Hoffenheim v Hertha Berlin (4.30pm)
Fortuna Dusseldorf v Paderborn (4.30pm)
Augsburg v Wolfsburg (4.30pm)
Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)
Sunday, May 17
Cologne v Mainz (4.30pm),
Union Berlin v Bayern Munich (7pm)
Monday, May 18
Werder Bremen v Bayer Leverkusen (9.30pm)
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Company Profile
Company name: OneOrder
Started: October 2021
Founders: Tamer Amer and Karim Maurice
Based: Cairo, Egypt
Industry: technology, logistics
Investors: A15 and self-funded
Martin Sabbagh profile
Job: CEO JCDecaux Middle East
In the role: Since January 2015
Lives: In the UAE
Background: M&A, investment banking
Studied: Corporate finance
Suggested picnic spots
Abu Dhabi
Umm Al Emarat Park
Yas Gateway Park
Delma Park
Al Bateen beach
Saadiyaat beach
The Corniche
Zayed Sports City
Dubai
Kite Beach
Zabeel Park
Al Nahda Pond Park
Mushrif Park
Safa Park
Al Mamzar Beach Park
Al Qudrah Lakes
How to volunteer
The UAE volunteers campaign can be reached at www.volunteers.ae , or by calling 800-VOLAE (80086523), or emailing info@volunteers.ae.
How to help
Call the hotline on 0502955999 or send "thenational" to the following numbers:
2289 - Dh10
2252 - Dh50
6025 - Dh20
6027 - Dh100
6026 - Dh200
The specs: 2019 Audi A7 Sportback
Price, base: Dh315,000
Engine: 3.0-litre V6
Transmission: Seven-speed automatic
Power: 335hp @ 5,000rpm
Torque: 500Nm @ 1,370rpm
Fuel economy 5.9L / 100km
The%20Super%20Mario%20Bros%20Movie
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Aaron%20Horvath%20and%20Michael%20Jelenic%0D%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Chris%20Pratt%2C%20Anya%20Taylor-Joy%2C%20Charlie%20Day%2C%20Jack%20Black%2C%20Seth%20Rogen%20and%20Keegan-Michael%20Key%0D%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%201%2F5%3C%2Fp%3E%0A
The biog
Born: Kuwait in 1986
Family: She is the youngest of seven siblings
Time in the UAE: 10 years
Hobbies: audiobooks and fitness: she works out every day, enjoying kickboxing and basketball
Recent winners
2002 Giselle Khoury (Colombia)
2004 Nathalie Nasralla (France)
2005 Catherine Abboud (Oceania)
2007 Grace Bijjani (Mexico)
2008 Carina El-Keddissi (Brazil)
2009 Sara Mansour (Brazil)
2010 Daniella Rahme (Australia)
2011 Maria Farah (Canada)
2012 Cynthia Moukarzel (Kuwait)
2013 Layla Yarak (Australia)
2014 Lia Saad (UAE)
2015 Cynthia Farah (Australia)
2016 Yosmely Massaad (Venezuela)
2017 Dima Safi (Ivory Coast)
2018 Rachel Younan (Australia)
Padmaavat
Director: Sanjay Leela Bhansali
Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh
3.5/5
The biog
Age: 32
Qualifications: Diploma in engineering from TSI Technical Institute, bachelor’s degree in accounting from Dubai’s Al Ghurair University, master’s degree in human resources from Abu Dhabi University, currently third years PHD in strategy of human resources.
Favourite mountain range: The Himalayas
Favourite experience: Two months trekking in Alaska
How will Gen Alpha invest?
Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.
“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.
Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.
He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.
Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”