North Korea
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Mining
Japan, US face shared challenge from low-cost China steel, Japan PM confident states
Japan and the United States should avoid conflict about the steel industry and work together amidst competitors from China, the world's top steelmaker, leading prime ministerial candidate Shinjiro Koizumi stated on Saturday. Sources informed Reuters on Friday that a powerful U.S. national security panel reviewing Nippon Steel's $14.9 billion quote for U.S. Steel faces a Sept. 23 due date to suggest whether the White Home must obstruct the offer. Koizumi, Japan's previous environment minister, stated at a. debate on Saturday that Japan and the U.S. must not confront. each other when it comes to the steel industry however to face.
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Oil & Gas Exploration
New North Korea-Russia pact requires instant military aid if attacked
North Korea and Russia have consented to supply instant military help if either faces armed aggressiveness, according to the full text of a landmark pact released on Thursday by Pyongyang after a visit by Russian President Vladimir Putin. South Korea responded by assembling an emergency situation conference of its nationwide security council and stated it would now think about sending arms to Ukraine, which it had actually formerly dismissed. Hours after Putin left for Vietnam, North Korea's state media released the Treaty on Comprehensive Strategic Partnership, which in result revives a defunct shared defence agreement from the 1960s. The arrangement,