North Korea's Kim Jong-un Aims for the Moon ( Source- The Diplomat / Author- John Power)

Image credits- Wikimedia Commons / NASA

Source- The Diplomat

Author- John Power

North Korean leader Kim Jong-un has set himself a challenge that’s out of this world: planting his country’s flag on the moon within a decade.

Pyongyang’s answer to NASA is engrossed in a five-year plan to put more sophisticated satellites into orbit by 2020, and the experience will inform a lunar mission within the next 10 years. That’s according to an interview with a senior official at the National Aerospace Development Administration (NADA), published by the Associated Press on Thursday............. ( Read on)

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Devaluation and Despair: Breaking Down China's Currency Dilemma ( Source- The National Interest / Author- Gordon C. Chang)

Source- Wikimedia Commons / Author- JesseW900 Source- The National Interest Author- Gordon G. Chang On Friday, the People’s Bank of China (PBOC), the Chinese central bank, reversed course and set the renminbi on an upward path. That followed three straight days of devaluation that shook global stock, currency, and commodity markets, sending them downward. Friday’s reversal looks responsible. Nonetheless, the PBOC’s actions last week show policy disarray in the Chinese capital. The net result is that Beijing rattled the world, ruined its reputation for stable management, and did almost nothing to help China’s faltering economy. The daily devaluations follow months of government statements that the central bank would keep the currency stable. Every trading morning, 15 minutes before the 9:30 opening bell, central bank officials announce the day’s reference rate against the U.S. dollar. The renminbi, informally known as the yuan, is then allowed to rise or fall 2...

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