North demolishing hotel that was symbol of Korean engagement – Newstrends
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North demolishing hotel that was symbol of Korean engagement

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North Korea is demolishing a South Korean-owned hotel at a North Korean resort that was one of the last symbols of inter-Korean engagement, according to Seoul officials who called for the North to stop the “unilateral” destruction.

South Korea built dozens of facilities at North Korea’s Diamond Mountain resort to accommodate tourism by its citizens during a high period of engagement between the rivals in the 1990s. But North Korean leader Kim Jong Un in 2019 called the South Korean facilities there “shabby” and ordered them destroyed after months of frustration over Seoul’s unwillingness to defy U.S.-led sanctions that kept the tours from resuming.

The North postponed the demolition work in 2020 as part of stringent measures to prevent COVID-19.

South Korea’s Unification Ministry, which handles inter-Korean affairs, said Friday that North Korea was proceeding with the demolition of the Haegumgang Hotel. The floating hotel, docked at a coastal area of the resort, was a major property among dozens of facilities South Korea established to accommodate Diamond Mountain tours, which began in 1998.

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Unification Ministry spokesperson Cha Deok-cheol said it wasn’t clear whether the North also was destroying other facilities at the site. He said Seoul “strongly regrets North Korea’s unilateral dismantlement” of the hotel and urged the North to engage in talks to resolve disagreements over the South Korean properties at the site.

Commercial satellite images indicate the demolition work has been underway for weeks. Cha said Seoul used inter-Korean communication channels to demand an explanation and talks on the issue, but the North has ignored the request.

The demolition comes amid heighted tensions over recent missile launches. North Korea conducted its first intercontinental ballistic missile test since 2017 on March 24, as Kim revives brinkmanship aimed at forcing the United States and other rivals to accept the North as a nuclear power and remove crippling sanctions.

South Korean tours to Diamond Mountain were a major symbol of cooperation between the Koreas and a valuable cash source for the North’s broken economy before the South suspended them in 2008 after a North Korean guard fatally shot a South Korean tourist.

South Korea can’t restart mass tours to Diamond Mountain or any other major inter-Korean economic activity without defying sanctions, which have been strengthened since 2016, when the North began accelerating its nuclear and missile tests. While U.N. sanctions don’t directly ban tourism, they prohibit bulk cash transfers that can result from such business activities.

During their brief diplomacy in 2018, South Korean President Moon Jae-in met Kim three times and vowed to restart Diamond Mountain tours, voicing optimism that sanctions could end. But North Korea suspended cooperation with the South after diplomacy with the U.S. collapsed in 2019 and Seoul wasn’t able to wrest concessions from Washington on its behalf.

AP

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American man arrested for beating tourist to death at Ireland hotel

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American man arrested for beating tourist to death at Ireland hotel

A 30 year old American man whose name was not given by security officials, has been arrested for beating up a 60 year old tourist to death at the Ballyfin Demesne hotel in Laois, Ireland.

The Irish police force commonly known as ‘Garda Síochána’ announced that the incident occurred in the late hours of Tuesday, November 12.

Ballyfin Demesne hotel, is a popular luxury five-star hotel located in Laois, Ireland and special guests such as Kanye West, Kim Kardashian, George Clooney e.t.c had made use of the hotel in times past.

The victim was discovered unconscious in the late hours of Tuesday, November 12 and was then rushed to the hospital were he died due to severe beating inflicted on him by the culprit.

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Independent local councilor James Kelly stated that nearby communities were ‘stunned’ upon learning about the incident at the renowned hotel.

He said, “There would be a lot of staff from the area and they’re totally shocked by what has happened here.

“It’s something we didn’t think we’d be waking up to this morning.”

The police also noted that a senior officer has been assigned to lead the investigation and an incident room has been set up at Portlaoise Garda Station, Ireland.

Furthermore, a family liaison officer will  be designated to assist the family of the deceased.

 

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FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win

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FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win

The Federal Bureau of Investigation on Wednesday carried out a raid at the home of Shayne Coplan, CEO of cryptocurrency prediction outlet Polymarket.

Authorities seized Mr Coplan’s phone during the raid, according to New York Post which first reported the incident.

Mr Coplan, 26, has been running the famous platform for bets throughout the 2024 presidential election in the United States.

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It wasn’t immediately clear why the search was conducted, but Polymarket promptly said it might be due to its activities during the election. Users on the platform had correctly predicted Donald Trump was going to defeat Kamala Harris. The company paid out a substantial amount to winners following the election.

“This is obvious political retribution by the outgoing administration against Polymarket for providing a market that correctly called the 2024 presidential election,” a spokesperson for Polymarket said in a statement from its headquarters in New York.  “Polymarket is a fully transparent prediction market that helps everyday people better understand the events that matter most to them, including elections.”

It was unclear whether or not the FBI would be filing charges after the raid.

 

FBI raids home of crypto platform Polymarket CEO, after accurate prediction of Trump win

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Two dead, buildings destroyed in American factory explosion

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Two dead, buildings destroyed in American factory explosion

Two employees of Givaudan sense colour, a factory known for making colourings for beverages, located in Louisville, Kentucky, United States (US) were killed in an explosion that took place at the company’s facility.

The factory reported that the incident which took place on Tuesday, November 12 in the afternoon have also destroyed buildings around the company.

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Louisville Mayor, Craig Greenberg stated that firefighters managed to rescue and evacuate numerous individuals from the site, including some who sustained life-threatening injuries.

He also confirmed that all employees present at the plant during the explosion have been accounted for.

Earlier reports indicated that at least 11 workers were hospitalized.

The cause of the explosion is still under investigation.

 

Two dead, buildings destroyed in American factory explosion

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