Tag Archives: South

U.S., Japan May Invest in Indonesia Islands Near South China Sea

U.S., Japan May Invest in Indonesia Islands Near South China Sea(Bloomberg) — The U.S., Japan and South Korea are keen to invest in Indonesia’s Natuna Islands as President Joko Widodo steps up efforts to rebuff Chinese claims over the resource-rich waters in the South China Sea.The countries are interested in building fisheries processing and manufacturing industries in Natuna, Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan, told reporters in Jakarta on Friday. Indonesia can manage the sea dispute with China without going into a war, Pandjaitan, a former general, said.“The U.S. investors have expressed their interest, along with investors from Japan, Korea and China,” Padjaitan said. “For us, it doesn’t matter where they come from.”Widodo’s efforts to lure foreign investment into the Natuna islands may ratchet up tension with Beijing following the intrusion of Chinese fishing vessels into an area claimed by Indonesia as an exclusive economic zone. Indonesia is not a claimant in the broader dispute over the South China Sea, but it does insist on its sovereign rights to waters around the Natunas.Beijing says while it has no territorial disputes with Jakarta, claims over maritime interests in certain waters in the South China Sea “overlap.”“War is the last resort in our negotiation process,” Pandjaitan said referring to the standoff with China on Natuna. “But under no circumstances will we negotiate our sovereignty and territorial rights.”Jokowi, as Widodo is commonly known, visited the Natuna islands last week and asserted Indonesia’s sovereignty over the waters after authorities deployed fighter jets and warships to push back the Chinese fishing vessels, which were accompanied by coast guard ships. The president also inaugurated a fisheries processing center in the region and days later invited Japan to invest in Natuna to develop the fishing industry.Indonesia is also seeking investment by Vietnamese marine processing companies. Foreign Minister Retno Marsudi met officials of Hai Nam Co., a seafood importer this week in Ho Chi Minh City, and asked it to explore a joint venture with Indonesian companies for a fisheries processing unit in areas including Natuna, according to a foreign ministry statement Thursday.It has identified a location in north Natuna for a fishing port, while southern Natuna will serve as a base for the navy, Pandjaitan said. The country will also soon acquire its first ocean-going vessel, probably from Denmark, to beef up its sea powers, he said.To contact the reporters on this story: Arys Aditya in Jakarta at aaditya5@bloomberg.net;Harry Suhartono in Jakarta at hsuhartono@bloomberg.netTo contact the editors responsible for this story: Stephanie Phang at sphang@bloomberg.net, Thomas Kutty AbrahamFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.



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U.S. Denies Seeking 20% Troop Funding Boost From South Korea

U.S. Denies Seeking 20% Troop Funding Boost From South Korea(Bloomberg) — The U.S. denied a report that it’s demanding South Korea pay as much as 20% more to host American troops, as funding talks between the two nations continue.The 10%-20% figure referred to in Korean media is “ungrounded speculation,” a Trump administration official said by email. U.S. negotiators will seek a “fair and equitable” outcome at the next round of talks in early January, the official said.Last month, U.S. negotiators walked out of a meeting on troop funding in Seoul after South Korea balked at a $ 5 billion price tag for hosting U.S. troops — a fivefold increase. Citing a diplomatic source it didn’t identify, South Korea’s Chosun Ilbo newspaper reported earlier this week that the White House had dropped that demand after receiving assurances Seoul would purchase more American weapons. The increase may now be about 10%-20% above the current level of nearly $ 1 billion, the newspaper said.The deal, known as the Special Measures Agreement, technically expires at the end of this year. But both sides are likely to agree to some sort of temporary extension as they negotiate, allowing for the continued operations of about 28,500 U.S. military personnel on the peninsula.The talks with South Korea could affect other countries that host U.S. troops, as the Trump administration is seeking funding increases from other American allies.To contact the reporter on this story: Kanga Kong in Seoul at kkong50@bloomberg.netTo contact the editors responsible for this story: Shamim Adam at sadam2@bloomberg.net, Edward Johnson, Tom RedmondFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.



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South Korea, U.S. commandos practice raiding enemy facility as North Korea tensions rise

South Korea, U.S. commandos practice raiding enemy facility as North Korea tensions riseSouth Korean and U.S. commandos raided the facility and led out a man with his hands tied behind the back during the exercise described as a joint regular close-quarters battle training last month at a U.S. military base in the southwestern South Korean city of Gunsan. The U.S. Forces Korea did not respond to a request for comment. The service is operated by an arm of the U.S. Department of Defense.



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Iran Demands $6 Billion Oil Payment From South Korea: Chosun

Iran Demands $  6 Billion Oil Payment From South Korea: Chosun(Bloomberg) — Iran’s Foreign Ministry called in the South Korean ambassador last month to demand payment of 7 trillion won ($ 6 billion) for oil it sold to the Asian country, Chosun Ilbo reported, citing officials it didn’t identify.Iran expressed “strong regret” over Seoul’s failure to complete the payment, which has been deposited at two South Korean banks without being transferred to Iran’s central bank for years due to U.S. sanctions against the Middle Eastern country, the newspaper said. It added that other Iranian authorities including the central bank also complained.South Korea sent a delegation to the Middle East late last month and explained that the country will cooperate with the U.S. to successfully complete transfer of the payment, it added.To contact the reporter on this story: Kanga Kong in Seoul at kkong50@bloomberg.netTo contact the editors responsible for this story: Brendan Scott at bscott66@bloomberg.net, Sara Marley, Siraj DatooFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.



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How did South Bend actually do under Mayor Pete Buttigieg? We pulled the numbers to find out.

How did South Bend actually do under Mayor Pete Buttigieg? We pulled the numbers to find out.Buttigieg was a two-term mayor of a small city. It rebounded from a severely high unemployment rate but vacant houses are a problem.



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How did South Bend actually do under Mayor Pete Buttigieg? We pulled the numbers to find out.

How did South Bend actually do under Mayor Pete Buttigieg? We pulled the numbers to find out.Buttigieg was a two-term mayor of a small city. It rebounded from a severely high unemployment rate but vacant houses are a problem.



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South Korea says North's recent test was of rocket engine

South Korea says North's recent test was of rocket engineSouth Korea’s defense minister said Tuesday that North Korea’s recent unspecified test at a rocket liftoff site was of a rocket engine, amid speculation the North was making preliminary steps toward a prohibited long-range rocket launch. Defense Minister Jeong Kyeong-doo said during a visit to Sydney that Seoul expressed its “deep concerns” over the engine test and North Korea’s recent ballistic missile launches into the sea, according to his office in Seoul.



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Former South Carolina Governor Nikki Haley Says South Carolinians Saw the Confederate Flag as 'Service' Before Dylan Roof 'Hijacked' It

Former South Carolina Governor Nikki Haley Says South Carolinians Saw the Confederate Flag as 'Service' Before Dylan Roof 'Hijacked' ItMany argued Haley was not fully acknowledging the flag's Civil War and segregationists origins



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Investigators probing role weather may have played in deadly South Dakota plane crash

Investigators probing role weather may have played in deadly South Dakota plane crashAn NTSB investigator examines the wreckage of a Pilatus PC-12 airplane near Chamberlain Municipal Airport in South Dakota. The aircraft crashed on Saturday, November 30, 2019, moments after taking off amid heavy snowfall. The crash killed nine of the 12 people on board. (NTSB) The National Transportation Safety Board (NTSB) released new information Tuesday about the plane crash in Chamberlain, South Dakota, that killed nine people and injured three others within a mile of takeoff. A review of the available information about the fatal crash, which occurred Saturday within a mile of takeoff, indicates weather was a significant, if not major, factor, experts say.Chamberlain, and much of South Dakota, was under a winter storm warning and experiencing near-blizzard conditions around the time of the crash on Saturday.The single-engine Pilatus PC-12 arrived in Chamberlain Friday at about 9:30 a.m. CST, according to the NTSB report. The airplane remained parked on the airport ramp until the accident a day later, the report noted."They landed on Friday ahead of the storm, and it looks like they just left the plane parked on the runway," said AccuWeather senior meteorologist David Samuhel, who reviewed the NTSB statement. "There was probably 8 or 9 inches of snow, so the plane probably had a whole lot of snow and ice on it." The NTSB is still investigating the crash, and it's not clear if the snow and ice were cleared from the aircraft before takeoff. Samuhel said, "If they didn't get the snow and ice off the wings, that would be a huge problem." A photo of a Pilatus PC-12 in flight. (Pilatus Aircraft Ltd) An aviation expert AccuWeather spoke with also said there was likely frost or ice below the layer of snow and added that it's "doubtful the facilities exist for that sort of deicing at this small airport." AccuWeather reached out to the Chamberlain airport manager, who as of late Thursday had not yet responded.Ice and snow needs to be properly removed from a plane for the flight to be legal, and if that doesn't happen, the consequences can be dire. "You're looking at [an] increase in drag of 40 percent and decrease of lift of 30 percent if you don't deice properly."Also, the NTSB reported the weather observation station at the Chamberlain airport recorded winds of 7 mph, with half-mile visibility and moderate snow and icing. AccuWeather's Samuhel believes the winds were likely much stronger."I question the wind reading at Chamberlain airport," he said. "Pierre is about 65 miles to the northwest of Chamberlain, but the conditions probably weren't much different and winds in Pierre were gusting to 40 mph and even higher some parts of the day."They were leaving Saturday and the storm was starting to wrap up, but they were still in a bad part of it where the wind was really kicking up and they were probably getting blowing snow, too," Samuhel said.According to Travis Garza, president of wellness company Kyani, the company's two founders, Jim Hansen and Kirk Hansen, were among the crash victims. The other seven passengers who died were their relatives; three passengers survived.Another factor that could have contributed to the crash was a possible load imbalance. The Pilatus PC-12 pilot's information manual notes the "maximum number of occupants is 9 passengers" plus 1-2 pilot(s). According to the NTSB report, there were 12 people on the plane.There were 393 U.S. civil aviation deaths in 2018, an increase from 347 in 2017, according to the NTSB. Most aviation deaths in 2018 took place during general aviation operations - all civilian flying except scheduled passenger airline service – when 381 were killed, compared to 331 in 2017.



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South Korea deports North Koreans who fled after killing 16

South Korea deports North Koreans who fled after killing 16In an extremely unusual case, South Korea repatriated two North Korean fishermen on Thursday after finding they had killed 16 other crew members on their boat and then fled to South Korean waters, Seoul officials said. The two North Koreans, both men in their 20s, were captured in their boat south of the countries’ eastern sea border last Saturday, according to Seoul’s Unification Ministry. South Korea has a policy of accepting North Koreans who want to resettle in the South to avoid political oppressions and economic poverty at home.



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