News By Park Seong Guk – 2011.06.20 3:03pm News Over the weekend, it was revealed that a unit of the ROK Marine Corps stationed to the west of Seoul fired 99 rifle rounds at a civilian airliner early on the morning of the 17th, apparently in the belief that it was a North Korean military jet. However, it has since been confirmed by both Asiana, the airline, and the South Korean authorities that the airliner was flying as normally at the time of the attack, contrary to initial claims from the South Korean military authorities, leading to the conclusion that the incident was a clear mistake on the part of the ROK military. According to an anonymous military source, the marines in question testified that an unidentified aircraft had entered South Korean airspace across the Northern Limit Line (NLL), and decided to employ force against it. The source explained, “It has been concluded that the marines who fired the warning shots saw lights from an unidentified aircraft coming from the North across the NLL, took it as being a North Korean air force jet and fired warning shots.” However, the source also stressed that the incident was not an actual attack on the aircraft; only warning shots were fired 7km in front of the airliner, which was 13km from the source of the shots at the time. Based on the evidence, it seems likely that the case was one of a mistake made in part due to recent efforts by the military to strengthen defense and counter the threat of North Korean provocations, which is adjudged to be high. Thick fog has also been blamed.The question which remains is why shots were fired at a civilian airliner operating normally in a way that many other airliners do each day on their way into Incheon International Airport, the main gateway to South Korea which lies less than 50km from the NLL. There are signs that North Korea is running into serious difficulties with its corn harvest News Park Seong Guk News North Korea tries to accelerate building of walls and fences along border with China Plane Flying Normally at Time of Attack Facebook Twitter Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak SHARE RELATED ARTICLESMORE FROM AUTHOR
We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. COMMENTSSHARE YOUR THOUGHTS RELATED TAGSKoenigseggNews Earlier this month, we saw a couple of Swedish supercar maker Koenigsegg’s staff get real in front of a camera for a rare cross-promotional video in collaboration with their national competitor, Polestar. That wasn’t the only video project it had in the works, either. Koenigsegg recently dropped a full blown mini-feature film on its YouTube channel. Called Time to Reign: A Koenigsegg Mini Blockbuster, the 15-minute project was conceived, produced and cast entirely in-house at Koenigsegg. In fact, the brand even formed its own production company, Spare Time In-House. The title Time to Reign is a clear nod to the 1,489-horsepower electric Regera,which in Swedish means “to reign.” See More Videos Trending in Canada PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca Trending Videos Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” Honestly, it’s just a lot of fun and easily worth 15 minutes of your time. Even just to watch the company assistant’s solo dance performance. The whole thing has a whimsical summertime heist vibe — Ocean’s Tolve, if you will. The Rolls-Royce Boat Tail may be the most expensive new car ever advertisement ‹ Previous Next › Without spoiling too much, the plot revolves around a secret plan to steal CEO Christian Von Koenigsegg’s prized Regera, the last one ever produced. Christian plays himself, while the company’s customer and loyalty coordinator acts the part of the Big Bad, backed by a couple hacker/thief characters portrayed by a car designer and a marketing and event coordinator.
LIVE FROM MONEY 2020 EUROPE, COPENHAGEN: Nicolas Huss, CEO of Visa Europe, warned of a changing payments landscape but confided the credit card giant has a plan for keeping ahead of upstart rivals.Huss contrasted the historic way innovation worked, which involved steady and incremental change, with the digital model, which takes hold quicker but does not stick around for so long. He chose the hoverboard, with his tongue only half in his cheek, as being emblematic of the trend. “The world has moved on, the fad is over, and no one cares.”This is a volatile world, in which established players have to react faster. He had a number of points for how this might happen. His first point related to what he termed “viral trends and passing fads” and pointed to how quickly new traffic flows can occur in payments. He mentioned rates of growth in contactless payments, which are “unprecedented”. In 2016 Visa Europe handled a volume of more than 3.5 billion contactless payments, against 1.7 billion in 2015. This is clearly not a fad.Huss argued that the old school development cycle is no longer valid. “The raison d’etre can half vanish before the product is even released. We must accelerate and democratise development. Or leave a vacuum that others will fill.”This brought Huss to his second point, which is to capture more of the innovative spirit in the fintech community, for instance with innovation hubs in London, Tel Aviv and Berlin, as well as opening APIs to outside developers.Next up, he listed a “security obsession” possessed by Visa that newcomers to the market will have to match.Fourth was the global ripple effect which Visa Europe hopes to benefit from when it is reunited with Visa Inc to form a worldwide business. As an example, he said a global business has an advantage in combating advanced fraud. Richard Handford Richard is the editor of Mobile World Live’s money channel and a contributor to the daily news service. He is an experienced technology and business journalist who previously worked as a freelancer for many publications over the last decade including… Read more AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 04 APR 2016 Author HomeMoneyNews Visa Europe CEO warns on fads; claims company has edge on new rivals Previous ArticleGlobe Telecom open to deal with San Miguel for spectrumNext ArticleBarclays finally supports Apple Pay
ST. ANDREWS, Scotland – Oliver Wilson held off Rory McIlroy to capture his first European Tour title with a one-shot victory in the Alfred Dunhill Links Championship. Wilson shot a 2-under 70 in the final round on the Old Course at St. Andrews as McIlroy came up just short after a bogey on the 17th hole. Wilson finished at 17-under 271, with McIlroy (68) in a three-way tie for second with Richie Ramsay of Scotland and Tommy Fleetwood of England. The 34-year old Wilson, currently ranked 792nd in the world, had finished second nine times in his 227 previous tour events, but lost his card two years ago and was competing this week on an invitation. ”It’s all really hard to believe as I have dreamed of this moment many times in my career, and in the circumstances it has happened I can’t believe it,” said Wilson, who started the day with a three-shot lead. ”So it’s a dream come true to win a tournament as St. Andrews because three, four weeks ago my career was looking pretty grim. It’s just amazing what is possible playing professional golf.” McIlroy started with a double bogey but then made four straight birdies and picked up two more shots after the turn before putting from off the green and into the infamous Road Hole bunker at the 17th. At the first hole, his ball spun back off the green into the Swilcan Burn. ”I feel I cost myself the tournament in the space of 20 yards at the front of the green at the first and over at the Road Hole bunker, with both not too far away from each other,” McIlroy said. ”They were the only two mistakes I made all day.” Ramsay had a two-shot lead after birdies at 14 and 15 but then handed the shots back with bogeys the next two to shoot 67. Fleetwood had a chance to force a playoff but missed a six-foot putt at the 18th to settle for a 68. Chris Doak of Scotland was alone in fifth place, another shot behind.