North Korean leader Kim Jong Un stated that past negotiations with the United States confirmed Washington’s hostility, leading to an expansion of the country’s nuclear program to counter external threats. Kim criticized the U.S. for its military pressure and called for the advancement of North Korea’s defense capabilities. Analysts believe Kim’s goal is to pressure the U.S. into accepting North Korea as a nuclear power and to negotiate economic and security concessions from a position of strength, with a focus on strengthening ties with Russia to enhance his arsenal and bargaining power.
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Merz plan won’t fix Germany’s pensions crunch, warns Bundesbank
Germany's Bundesbank has criticized Chancellor Friedrich Merz's reforms to encourage later retirement, stating they are insufficient to alleviate the fiscal pressures of an ageing population, where early retirement is prevalent due to existing incentives. The central bank suggests more significant policy changes, like linking the retirement age to life expectancy, to address the impending demographic challenges effectively. Need More Context? 🔎
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