North Korea Preparing to Launch Military Satellite, South Says 

This photo provided by the North Korean government shows what the country said is the launch of the Malligyong-1, a military spy satellite, into orbit on Nov. 21, 2023. (Korean Central News Agency/Korea News Service via AP, File)
This photo provided by the North Korean government shows what the country said is the launch of the Malligyong-1, a military spy satellite, into orbit on Nov. 21, 2023. (Korean Central News Agency/Korea News Service via AP, File)
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North Korea Preparing to Launch Military Satellite, South Says 

This photo provided by the North Korean government shows what the country said is the launch of the Malligyong-1, a military spy satellite, into orbit on Nov. 21, 2023. (Korean Central News Agency/Korea News Service via AP, File)
This photo provided by the North Korean government shows what the country said is the launch of the Malligyong-1, a military spy satellite, into orbit on Nov. 21, 2023. (Korean Central News Agency/Korea News Service via AP, File)

South Korea's military said on Friday it had detected signs in North Korea of possible preparations for a satellite launch in what would be the nuclear-armed North's effort to place a second military reconnaissance craft in orbit.

South Korea and US intelligence authorities are closely monitoring North Korea's activities, a South Korean military official said.

The activities were spotted at Dongchang-ri, a northwestern area of the country where North Korea's main space flight center is based, the official said without elaborating.

North Korea launched its first spy satellite last year and claimed leader Kim Jong Un reviewed photos taken of the White House and the Pentagon, among other areas of the world. State media have not released any photos taken by the craft, however.

The launch was met with sanctions from the US and its allies and prompted Seoul to suspend part of a military agreement it signed with Pyongyang in 2018.

Pyongyang scrapped the pact in response and restored previously demolished guard houses near the border.

The reclusive state also vowed to launch three more satellites this year.

Earlier this year, South Korea launched its second homegrown spy satellite on a SpaceX Falcon 9 rocket from the John F. Kennedy Space Center in Florida amid a space race with the North.

Pyongyang has defended its satellite launch as part of its right to self-defense and denounced Washington's reaction as a "double standard" over South Korea's launch of its own.



US Slaps Sanctions on Network It Accuses of Moving Billions for Iran’s Military

The Treasury Department is pictured in Washington, US, April 25, 2021. (Reuters)
The Treasury Department is pictured in Washington, US, April 25, 2021. (Reuters)
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US Slaps Sanctions on Network It Accuses of Moving Billions for Iran’s Military

The Treasury Department is pictured in Washington, US, April 25, 2021. (Reuters)
The Treasury Department is pictured in Washington, US, April 25, 2021. (Reuters)

The United States on Tuesday imposed sanctions on nearly 50 entities and people it accused of moving billions of dollars for Iran's military.

The US Treasury Department in a statement said those targeted on Tuesday constitute a "shadow banking network" used by Iran's Ministry of Defense and Armed Forces Logistics (MODAFL) and Iranian Revolutionary Guard Corps (IRGC), both of which are under US sanctions.

The network helped the MODAFL and IRGC - which earn money notably from the sale of oil and petrochemicals - gain access to the international financial system and process the equivalent of billions of dollars since 2020, the Treasury said.

The Treasury said the revenue generated by the MODAFL and IRGC through networks of Iranian exchange houses and foreign cover companies supported the provision of weapons and funding to Iran's proxy groups, including Yemen's Houthi militias, and the transfer of drones to Russia for use in the war against Ukraine.

Washington has issued rafts of sanctions targeting Iranian drones and the Houthis, who have been launching drone and missile strikes in shipping lanes since November in what they say is solidarity with Palestinians in Israel's war in Gaza.

"We continue to work with allies and partners, as well as the global financial industry, to increase vigilance against the movement of funds supporting terrorism," Deputy Treasury Secretary Wally Adeyemo said in the statement.

Iran's mission to the United Nations in New York did not immediately comment on the action.

Tuesday's action targeted dozens of companies in Hong Kong, the United Arab Emirates and Marshall Islands, as well as Iran and Türkiye-based firms.

The Treasury said the MODAFL Supply Division uses exchange houses in Iran that manage numerous cover companies registered in jurisdictions such as Hong Kong or the UAE to launder revenue, including from oil sales conducted by Sahara Thunder, which the US imposed sanctions on in April.

The Treasury at the time accused Sahara Thunder of being a front company that oversees MODAFL's commercial activities in support of the IRGC and Russia's war in Ukraine, playing a key role in Iran's design, development, manufacture and sale of thousands of drones.

The move freezes the US assets of banned companies and individuals, and generally bars Americans from dealing with them. Those that engage in certain transactions with them also risk being hit with sanctions.