The new U.S. National Defense Strategy released by President Donald Trump’s administration is the first since 2022 and contrasts with its predecessor, issued under former President Joe Biden. Here’s a look at how the two Pentagon strategies address some of the traditional concerns of U.S. security policy.
NEW YORK (AP) - Sharp drops hit Wall Street as technology stocks sank even more and bitcoin's price plunged again to roughly half its record set in the fall. The S&P 500 fell 1.2%. The Dow Jones Industrial Average dropped 1.2%, and the Nasdaq composite sank 1.6%. Bitcoin fell below $65,000, while gold and silver prices resumed their sharp slides.
SEOUL, South Korea (AP) – South Korea placed overseas travel bans on three people as part of an investigation into alleged drone flights over North Korea that have deepened animosities between the rivals, authorities said Friday.
WASHINGTON (AP) – President Donald Trump said Wednesday that he and Chinese President Xi Jinping discussed the situation in Iran in a wide-ranging call as the U.S. administration pushes Beijing and others to further isolate Tehran. Trump said the two leaders also discussed a broad range of other critical issues in the U.S.-China relationship.
SEOUL, South Korea (AP) – Dozens of South Koreans detained in Cambodia for alleged involvement in online scams will be sent home this week to face investigations, officials said Thursday, in what would be the largest group repatriation of Korean criminal suspects from abroad.
WASHINGTON (AP) – Treasury Secretary Scott Bessent says it would be “up to the president” whether or not to sue Kevin Warsh, if he fails to lower interest rates. During remarks at a private black-tie dinner of the elite Alfalfa Club on Saturday night, Trump said he might sue his newly selected Fed chair nominee if he didn’t lower interest rates.
SEOUL, South Korea (AP) – A South Korean court ruled Wednesday that the ill-fated imposition of martial law by the then President Yoon Suk Yeol constituted an act of rebellion, as it sentenced his prime minister to 23 years in prison for his involvement.
Excerpts from recent editorials in the United States and abroad:
SEOUL, South Korea (AP) – North Korean leader Kim Jong Un dismissed a vice premier in charge of the country’s machine-building industry, state media reported Tuesday, in an apparent bid to strengthen discipline among senior officials ahead of the upcoming ruling Workers’ Party congress to establish new economic and other state objectives.