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Kim’s vow of ‘exponential’ bomb output looks overblown

Bloomberg Kim Jong Un rang in the new year the way he likes best — with a fresh threat to dramatically expand North Korea’s nuclear arsenal. This one is almost certain to fizzle. Kim used a speech published on Jan. 1 to call for an “exponential increase” in the country’s stockpiles of atomic weapons, implying output at an unprecedented pace. ...

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UK mulls sending battle tanks to Ukraine

  Bloomberg The UK government is considering sending Challenger 2 battle tanks to Ukraine, according to two people familiar with the discussions. If it goes ahead, the move would be the first time a Western country has provided Ukraine with modern battle tanks to fight Russian forces. No final decision has been taken, the people said on Monday. Neither wished ...

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SNB’s $143 bilion record loss costs Swiss govt usual payout

  Bloomberg Switzerland’s government will not receive a payout from the Swiss National Bank (SNB) for 2022, as the central bank projects the biggest loss in its 116-year history. The SNB expects an annual loss of about 132 billion francs ($143 billion), more than five times the previous record, it said on Monday in preliminary results. The largest part of ...

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