World News

Kim Jong Un announces launch of new spy satellites, nuclear resolutions for 2024 on December 31, 2023 at 8:18 pm

Published

2 years ago

January 1, 2024

North Korean leader Kim Jong Un pledged to launch three new military spy satellites, build attack drones and expand the country’s nuclear materials in 2024, according to state media reports.

In remarks made at the end of the ruling Workers’ Party meeting over the weekend, Kim railed against the “vicious” moves of the U.S. and its followers for working against North Korea, claiming the U.S. has helped push the Korean Peninsula to the “brink of a nuclear war,” according to the official Korean Central News Agency (KCNA).

“Because of reckless moves by the enemies to invade us, it is a fait accompli that a war can break out at any time on the Korean Peninsula,” Kim said, per KCNA.

The North Korean leader pointed to the the increase in joint military exercises by the U.S., Japan and South Korea and the deployment of U.S. military assets including bombers over the past year, arguing they show the U.S. “aims at the military confrontation” with North Korea “at any cost.”

The U.S., alongside South Korea, has maintained that the countries will continue to wage a joint defense against North Korea’s threats.

Kim vowed to launch three reconnaissance satellites in 2024, a declaration that comes nearly a month after the country launched its first reconnaissance satellite in November, KCNA said. The U.S. said that launch was a violation of United Nations Security Council resolutions.

Kim later emphasized the need to create a “reliable foundation” to make more nuclear weapons and ordered officials to boost the North’s submarine capabilities and to develop unmanned combat equipment, The Associated Press (AP) reported.

Observers told the AP that Kim expressed the belief that boosted nuclear abilities could give him the opportunity for diplomacy with the U.S. and that his country could be given sanctions relief if former President Trump wins the presidency in 2024.

Trump memorably met with Kim during his presidency, becoming the first sitting U.S. president to do so in a move that critics said bestowed too much of an honor on Kim.

The Biden administration has expressed openness to diplomacy talks while leveling sanctions in the wake of the North’s continued missile tests that violate United Nations resolutions.

“Pyongyang might be waiting out the U.S. presidential election to see what its provocations can buy it with the next administration,” said Leif-Eric Easley, a professor at Ewha University in Seoul, per Reuters and the AP.

“The Kim regime has closed the political door on denuclearization negotiations but could offer rhetorical restraint and a testing freeze in exchange for sanctions relief,” Easley said. “Although North Korea has no intention of giving up nuclear weapons, it might try to extract payment for acting like a so-called responsible nuclear power.”

Diplomacy talks between the U.S. and North Korea broke down in 2019 over the amount of sanctions relief the North could get for partly surrendering its nuclear program. Since then, Kim has aimed to modernize the North’s nuclear supply through efforts including an increased production of plutonium and uranium.

Experts said Kim likely believes Trump, if reelected to the White House, may make concessions over sanctions relief as the U.S. gears its focus on the Russia-Ukraine and Israel-Hamas wars, per the AP.

Kim also used his remarks to further dig into South Korea, calling the country a “a hemiplegic malformation and colonial subordinate state” with a society “tainted by Yankee culture,” per the AP.

He further ordered the military to prepare to “pacify the entire territory of South Korea,” including through the use of nuclear bombs if needed, in response to attacks, Reuters reported.

South Korea’s Unification Ministry later condemned Kim’s remarks and emphasized the country will attempt to curb North Korean threats by having a strong alliance with the U.S., the news wire added.

North Korean leader Kim Jong Un pledged to launch three new military spy satellites, build attack drones and expand the country’s nuclear materials in 2024, according to state media reports. In remarks made at the end of the ruling Workers’ Party meeting over the weekend, Kim railed against the “vicious” moves of the U.S. and…

Business

GLOBAL SUSTAINABILITY SUMMIT RETURNS FOR ITS 5TH EDITION AT THE BRITISH PARLIAMENT – HOUSE OF LORDS, PALACE OF WESTMINSTER

Published

3 weeks ago

May 16, 2026

Bolanle Media Staff

FOR IMMEDIATE RELEASE

Theme: “People, Planet, and Profit in the Age of AI and Innovation”

London, United Kingdom — The Global Sustainability Summit (GSS) is officially back for its landmark 5th Edition, continuing its legacy as one of the leading international platforms driving sustainable development, climate action, ethical investment, innovation, and global collaboration.

Convened annually at the prestigious British Parliament, House of Lords, Palace of Westminster, by Ambassador Canon Chinenem Otto, the Summit has, over the last four years, successfully fostered international dialogue and partnerships that have contributed to the advancement of global sustainability goals, the establishment of sustainability-focused ministries, departments and policy structures across national and subnational governments, and the attraction of major investors into sustainable development projects, corporations and emerging economies.

This year’s summit, themed “People, Planet, and Profit in the Age of AI and Innovation,” will explore how emerging technologies, responsible leadership, sustainable finance, innovation, and global partnerships can shape a more inclusive, resilient and environmentally conscious future.

The 5th Edition promises to be the most impactful yet, bringing together world leaders, policymakers, diplomats, investors, academics, innovators, climate experts and youth leaders from across the globe to discuss actionable solutions toward achieving a sustainable and equitable future.

Among the distinguished speakers, delegates and honorees already lined up for the Summit are:

• His Excellency Mallam AbdulRahman AbdulRazaq — Executive Governor of Kwara State, Nigeria and Chairman of the Nigeria Governors’ Forum

• His Excellency Senator Prince Bassey Otu — Executive Governor of Cross River State, Nigeria

• Ambassador Patricia Espinosa Cantellano — Former Executive Secretary of UN Climate Change (UNFCCC) and Former Foreign Minister of Mexico

• Lord Marvin Rees, Baron Rees of Easton OBE — Member of the House of Lords, United Kingdom

• Hon. Neema K. Lugangira — Secretary-General of Women Political Leaders (WPL), Brussels and Former Member of Parliament

• Her Excellency Dr. Netumbo Nandi-Ndaitwah — President of the Republic of Namibia

• His Excellency Nangolo Mbumba — Former President of Namibia

• Former President of Tanzania

• Her Excellency Ambassador Professor Olufolake AbdulRazaq — First Lady of Kwara State, Nigeria and Chairperson of Nigeria Governors’ Spouses Forum

• Your Excellency Dr. Dikko Umar Radda, PhD, CON — Executive Governor of Katsina State and Chairman of the Northwest Governors Forum, Nigeria

• Hon. Sam Shafiishuna Nujoma — Governor of Khomas Region, Namibia

• H.E. Mr. Veiccoh Nghiwete — High Commissioner of the Republic of Namibia to the United Kingdom

• Her Excellency Ms. Macenje “Che Che” Mazoka — High Commissioner of Zambia to the United Kingdom

• Ms. Danielle Newman — Partner Lead, ICT, World Economic Forum

• Leanne Elliott Young — Co-founder, Institute of Digital Fashion & CommuneEast

• Ms. Chloe Russell — Producer & Presenter, Art, Science and Nature

• Professor Marie-Claire Cordonier Segger — University of Cambridge & University of Waterloo

• Dr. Alexandra R. Harrington — IUCN World Commission on Environmental Law (WCEL)

• Professor Payam Akhavan — Massey College, University of Toronto

• Mr. Mallai C. E. Sathya — President, Dravida Vetri Kazhagam and International Movement for Tamil Culture Asia

The Summit will feature high-level panel discussions, strategic investment conversations, sustainability awards, policy dialogues, innovation showcases, youth engagement sessions and international networking opportunities focused on climate resilience, ethical financing, food-water-energy sustainability, circular economy, artificial intelligence, diplomacy and sustainable development.

Speaking ahead of the Summit, Convener Ambassador Canon Chinenem Otto noted:

“As the world rapidly evolves through artificial intelligence and technological innovation, we must ensure that sustainability remains people-centered, environmentally responsible and economically inclusive. The Global Sustainability Summit continues to serve as a bridge connecting governments, institutions, innovators and investors to accelerate practical sustainability solutions globally. Our fifth edition is not only a celebration of progress made over the years, but also a renewed call for global collaboration and actionable impact toward achieving the Sustainable Development Goals and Net Zero ambitions.”

The Global Sustainability Summit continues to position itself as a catalyst for transformative partnerships and sustainable global progress, reinforcing the urgent need for collective action toward a more resilient and sustainable future.

More announcements regarding additional speakers, partners and summit activities will be unveiled in the coming weeks.

News

US May Completely Cut Income Tax Due to Tariff Revenue

Published

6 months ago

November 30, 2025

Bolanle Media Staff

President Donald Trump says the United States might one day get rid of federal income tax because of money the government collects from tariffs on imported goods. Tariffs are extra taxes the U.S. puts on products that come from other countries.

What Trump Is Saying

Trump has said that tariff money could become so large that it might allow the government to cut income taxes “almost completely.” He has also talked about possibly phasing out income tax over the next few years if tariff money keeps going up.

How Taxes Work Now

Right now, the federal government gets much more money from income taxes than from tariffs. Income taxes bring in trillions of dollars each year, while tariffs bring in only a small part of that total. Because of this gap, experts say tariffs would need to grow by many times to replace income tax money.

Questions From Experts

Many economists and tax experts doubt that tariffs alone could pay for the whole federal budget. They warn that very high tariffs could make many imported goods more expensive for shoppers in the United States. This could hit lower- and middle‑income families hardest, because they spend a big share of their money on everyday items.

What Congress Must Do

The president can change some tariffs, but only Congress can change or end the federal income tax. That means any real plan to remove income tax would need new laws passed by both the House of Representatives and the Senate. So far, there is no detailed law or full budget plan on this idea.

What It Means Right Now

For now, Trump’s comments are a proposal, not a change in the law. People and businesses still have to pay federal income tax under the current rules. The debate over using tariffs instead of income taxes is likely to continue among lawmakers, experts, and voters.

News

Epstein Files to Be Declassified After Trump Order

Published

6 months ago

November 20, 2025

Bolanle Media Staff

Former President Donald Trump has signed an executive order directing federal agencies to declassify all government files related to Jeffrey Epstein, the disgraced financier whose death in 2019 continues to fuel controversy and speculation.

The order, signed Wednesday at Trump’s Mar-a-Lago estate, instructs the FBI, Department of Justice, and intelligence agencies to release documents detailing Epstein’s network, finances, and alleged connections to high-profile figures. Trump described the move as “a step toward transparency and public trust,” promising that no names would be shielded from scrutiny.

“This information belongs to the American people,” Trump said in a televised statement. “For too long, powerful interests have tried to bury the truth. That ends now.”

U.S. intelligence officials confirmed that preparations for the release are already underway. According to sources familiar with the process, the first batch of documents is expected to be made public within the next 30 days, with additional releases scheduled over several months.

Reactions poured in across the political spectrum. Supporters praised the decision as a bold act of accountability, while critics alleged it was politically motivated, timed to draw attention during a volatile election season. Civil rights advocates, meanwhile, emphasized caution, warning that some records could expose private victims or ongoing legal matters.

The Epstein case, which implicated figures in politics, business, and entertainment, remains one of the most talked-about scandals of the past decade. Epstein’s connections to influential individuals—including politicians, royals, and executives—have long sparked speculation about the extent of his operations and who may have been involved.

Former federal prosecutor Lauren Fields said the release could mark a turning point in public discourse surrounding government transparency. “Regardless of political stance, this declassification has the potential to reshape how Americans view power and accountability,” Fields noted.

Officials say redactions may still occur to protect sensitive intelligence or personal information, but the intent is a near-complete disclosure. For years, critics of the government’s handling of Epstein’s case have accused agencies of concealing evidence or shielding elites from exposure. Trump’s order promises to change that narrative.

As anticipation builds, journalists, legal analysts, and online commentators are preparing for what could be one of the most consequential information releases in recent history.