North Korea’s Kim Jong Un Visits Missile Bases, Cites US Nuclear Threat

This undated picture released from North Korea's official Korean Central News Agency (KCNA) via KNS on October 23, 2024 shows North Korea's leader Kim Jong Un (R) visiting a strategic missile base at an undisclosed location in North Korea. (KCNA via KNS / AFP)
This undated picture released from North Korea's official Korean Central News Agency (KCNA) via KNS on October 23, 2024 shows North Korea's leader Kim Jong Un (R) visiting a strategic missile base at an undisclosed location in North Korea. (KCNA via KNS / AFP)
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North Korea’s Kim Jong Un Visits Missile Bases, Cites US Nuclear Threat

This undated picture released from North Korea's official Korean Central News Agency (KCNA) via KNS on October 23, 2024 shows North Korea's leader Kim Jong Un (R) visiting a strategic missile base at an undisclosed location in North Korea. (KCNA via KNS / AFP)
This undated picture released from North Korea's official Korean Central News Agency (KCNA) via KNS on October 23, 2024 shows North Korea's leader Kim Jong Un (R) visiting a strategic missile base at an undisclosed location in North Korea. (KCNA via KNS / AFP)

North Korean leader Kim Jong Un has visited missile bases to examine their readiness to undertake actions of "strategic deterrence", while calling US nuclear capabilities a growing threat to the country, state media reported on Wednesday.

The US strategic nuclear arsenal poses an "ever-increasing threat" to North Korea's security environment, which demands that Pyongyang maintain a strict counteraction posture of its nuclear forces, he was quoted as saying by KCNA.

North Korea has been stepping up its development of ballistic missiles and a nuclear arsenal, drawing international sanctions, and forming close military relations with Russia.

Kim's visit to the bases comes amid growing tensions with South Korea and its allies. This has included concerns over what Seoul says is a dispatch of North Korean troops to Russia to fight in Ukraine, a claim that has been denied by Pyongyang.

South Korea's National Security Adviser Shin Won-sik and Jacek Siewiera, the head of the Polish National Security Bureau, expressed concern over Pyongyang's military cooperation with Moscow during a meeting in Seoul.

The two also agreed to cooperate closely with the international community on the issue, according to a statement released by South Korea's presidential office.

In the KCNA report, Kim also called for the modernization of the armed forces by giving priority to strategic missiles in the future, calling it "an important principle of the strategy for building national defence."

He was accompanied on his visit by Kim Yo Jong, his powerful sister, and Kim Jong Sik, the first vice department director of the Central Committee of the ruling Workers' Party of Korea, KCNA reported.

Photographs released by KCNA showed Kim dressed in a leather coat inspecting the missile bases.

KCNA did not specify when the visits took place.



Thiel’s Palantir Dumped by Norwegian Investor over Work for Israel

The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)
The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)
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Thiel’s Palantir Dumped by Norwegian Investor over Work for Israel

The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)
The logo of US software company Palantir Technologies is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. (Reuters)

One of the Nordic region's largest investors has sold its holdings in Palantir Technologies because of concerns that the US data firm's work for Israel might put the asset manager at risk of violating international humanitarian law and human rights.

Storebrand Asset Management disclosed this week that it had "excluded Palantir Technologies Inc. from our investments due (to) its sales of products and services to Israel for use in occupied Palestinian territories."

The investor, which manages about 1 trillion crowns ($91.53 billion) in assets, held around 262 million crowns ($24 million) in Palantir, a spokesperson told Reuters. A representative for Palantir, based in Denver, did not immediately respond to a request for comment.

Storebrand said Palantir had not replied to any of its requests for information, first lodged in April. The data analytics firm, co-founded by billionaire Peter Thiel, provides militaries with artificial-intelligence models. Earlier this year, it agreed to a strategic partnership to supply technology to Israel to assist in the ongoing war in Gaza.

Palantir has previously defended its work for Israel. CEO Alex Karp said he was proud to have worked with the country following the Hamas attacks in October last year and in March told CNBC that Palantir had lost employees and that he expected to lose more over his public support for Israel.

Storebrand's exit follows a recommendation from Norway's government in March warning businesses about engaging in economic or financial activity in the Israeli settlements in the Palestinian territories, the asset manager said in its third-quarter investment review published on Wednesday. The International Court of Justice, the United Nations' highest court, said in July that Israel's occupation of Palestinian territories including the settlements was illegal.

Israel's foreign ministry rejected that opinion as "fundamentally wrong" and one-sided, and repeated its stance that a political settlement in the region can be reached only by negotiations.

Storebrand said its analysis indicated that Palantir provides products and services "including AI-based predictive policing systems" that support Israeli surveillance of Palestinians in the West Bank and Gaza.

Palantir's systems are supposed "to identify individuals who are likely to launch 'lone wolf terrorist' attacks, facilitating their arrests preemptively before the strikes that it is projected they would carry out," Storebrand said.

It added that, according to the United Nations, Israeli authorities have a history of incarcerating Palestinians without charge or trial. A UN Special Rapporteur said in a 2023 report that "the occupied Palestinian territory had been transformed as a whole into a constantly surveilled open-air prison."

Israel rejected the UN's findings. In September Reuters reported that Norway's $1.7 trillion wealth fund may have to divest shares of companies that violate the fund watchdog's tougher interpretation of ethics standards for businesses that aid Israel's operations in the occupied Palestinian territories.