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America One News
America One News
6 Jan 2024

#foreignaffairs

Le Monde: North Korea fires 60 rounds of artillery near South Korean border island
North Korea fires 60 rounds of artillery near South Korean border island


North Korea's military has fired over 60 artillery rounds near Yeonpyeong Island, escalating tensions on the Korean Peninsula. The shells landed in a buffer zone created under a 2018 tension-reducing deal that fell apart in November after North Korea launched a spy satellite. The two sides have been engaged in live-fire drills near their contested maritime border.


#economy

The Epoch Times: US Enjoying Record Oil Production—But Is It Sustainable?
US Enjoying Record Oil Production—But Is It Sustainable?
U.S. crude oil production has exceeded pre-pandemic levels, reaching as high as 13.3 million barrels per day in October 2023, due to strong shale drilling activity in Texas and New Mexico. This has allowed the country to export as much crude oil as Russia and Saudi Arabia produce. Experts predict that production will continue to grow, supporting record net exports. The increase in domestic supply has helped lower energy prices and gasoline prices, although rising oil prices could limit price decreases. President Joe Biden has highlighted the decline in gas prices but has faced criticism for taking credit for it.