The Yahoo Finance Live panel discusses today’s worldview: China Space Mission, NoKo Food shortage, Hong Kong police arrest editors from Apple Daily.
– [SPEAKING CHINESE]
– The Shenzhou-12 successfully launched from the satellite launch center in the Gobi Desert and became China’s first manned mission in nearly five years. The crew is to help with the construction of the planned Tiangong space station. You will spend three months in orbit doing long space walks. This is the third of eleven launches China has planned for its space station, which is expected to be completed by the end of next year.
North Korea’s ruler Kim Jong-un rarely warned of a potential food crisis. The state media, KCNA, said Kim had convened a number of members of his ruling party to discuss what he described as a food strain and urged the party and the state to focus on agriculture. The rare inclusion underscores the economic challenges caused by the extensive floods and COVID-19 pandemic that forced the country to close its border with China.
The United Nations has warned that North Korean households could experience a tough dry spell this fall if imports and foreign aid are cut off. Some reports suggest that grain production in the country has dropped dramatically, resulting in a scarcity of nearly 1.4 million tons this year.
And the Hong Kong police have arrested five editors and executives of a pro-democracy newspaper and stepped up their crackdown on dissenting opinions. More than 500 officers raided the Apple Daily office alleging violations of the city’s comprehensive new national security law. The police arrested their editor-in-chief and four other executives from their homes. They also froze more than $ 2 million in assets owned by companies affiliated with Apple Daily and confiscated three dozen computers from the newsroom.
This is the first time Hong Kong journalists have been arrested on suspicion of violating national security law. Apple Daily founder Jimmy Lai has been in prison for more than two years for his role in the pro-democracy protests in Hong Kong.