🇰🇷🪖📝 — South Korean Democratic Party members of Parliament will stay at ROK's National Assembly until Yoon lifts martial law.

🇺🇸📞📝 — 🪖 Pentagon: No changes to the force posture of U.S. Forces Korea (USFK)

🇰🇷 Speaker Woo: “We confirm that the National Assembly is the last bastion… We will protect the constitutional order”

@CIG_telegram

#BREAKING

🇰🇷🪖❗️ — South Korean President Yoon orders the lifting of Martial Law
https://fxtwitter.com/yonhaptweet/status/1864028777166311864

🇰🇷🪖❗️ - South Korean President Yoon has stated that he will end Martial Law once all cabinet members are assembled.

🇺🇸🧵 The Brightline, a newly *privately* constructed, owned, and operated Florida railway from Miami to Orlando, is the most successful infrastructure story today in America. A thread on how it got done, how nice it is, and how it plans to replicate its success across America

https://fxtwitter.com/Jon_Hartley_/status/1863707536479715625

China could approve another 100 nuclear reactors in the next decade, says industry lobby 🇨🇳 ☢️

After greenlighting a record 11 reactors so far in 2024, Beijing could commit to a “realistic target” of 10 approvals per year to 2035, said an official at the Chinese Nuclear Society

⚡️ Such a rate of expansion would see China’s nuclear power capacity almost quadrupling to 200GW by 2035, enough to meet 10% of electricity demand, said Tian Jiashu, deputy secretary-general of the Chinese Nuclear Society

(Yes, must recognize the lobby is talking their book)

📎SStapczynski

https://archive.is/7r23n

🇬🇧 Major war could destroy the British army in six months - minister

Alistair Carns said a rate of casualties similar to that prompted by Russia's invasion of Ukraine would lead to the army being "expended" within six to 12 months.

He said it illustrated the need to "generate mass rapidly in the event of a crisis".

Official figures show the army had 109,245 personnel on 1 October, including 25,814 volunteer reservists.

Carns, a former Royal Marines colonel who is also a reservist, said Russia was suffering losses of around 1,500 soldiers, killed or wounded, a day.

"In a war of scale - not a limited intervention, but one similar to Ukraine - our army for example on the current casualty rates would be expended, as part of a broader multinational coalition, in six months to a year," he added.

"That doesn't mean to say we need a bigger army, but it does mean we must be able to generate depth and mass rapidly in the event of a crisis.

"The reserves are critical, absolutely central, to that process.

"Without them we cannot generate mass, we cannot meet the plethora of defence tasks and challenges that we require, and we cannot seamlessly integrate the very best experts into the heart of our armed forces.”

Army reservists serve in their spare time, getting paid to train outside their main jobs.

Carns said the reality of wars such as the one being fought in Ukraine was that they were "attritional in nature".

He also said the UK needed to "catch up with Nato allies" by placing a greater emphasis on its reserves.

🔗 https://www.bbc.com/news/articles/c3rqlelypgxo

🇷🇺❌🇺🇦 The Russian Armed Forces are preparing for a large-scale offensive on Kherson

300 boats have already been prepared to cross the Dnipro River, - the head of Kherson OVA Prokudin in an interview with FT

🔗 Asgard Intel

🇫🇷 France: motion of no confidence against Prime Minister Michel Barnier (LR-EPP)

Majority: 288
Votes in favour of the motion: 331

Barnier lost the National Assembly’s confidence and president Emmanuel Macron (RE-RE) will have to nominate a new Prime Minister. The social security budget bill is also rejected.

After 1962, this is the second time in the history of the Fifth Republic that a motion of no confidence has been adopted.

🔗 Europe Elects

💰💪🥇 Fed Chair Powell calls Bitcoin a competitor to gold, not the US dollar

Federal Reserve Chair Jerome Powell, speaking at the New York Times DealBook Summit on Wednesday, addressed Bitcoin as a competitor to gold rather than the US dollar.

“People use Bitcoin as a speculative asset. It’s like gold, it’s just like gold—only it’s virtual, it’s digital,” Powell said. “People are not using it as a form of payment or a store of value. It’s highly volatile. It’s not a competitor for the dollar; it’s really a competitor for gold.”

https://cryptobriefing.com/powell-bitcoin-vs-gold/

@FelipeChannel