North Korea on Wednesday fired at least 1 suspected submarine-launched ballistic missile, Yonhap news agency reports, citing the South Korean military's Joint Chiefs of Staff. U.S. officials later confirmed the missile launch.
Why it matters: The detected launch near the city of Wonsan on the eastern side of the Korean Peninsula at 7:11am Wednesday local time came hours after North Korea said Pyongyang and Washington would restart working-level denuclearization negotiations Saturday, per the Wall Street Journal, which reports the State Department confirmed the meetings.
Investment in Chinese assets fell significantly this year as a combination of the trade war and increasingly attractive opportunities elsewhere spread money across a variety of locations in the emerging world.
The big picture: While the economies of many emerging countries are feeling the pressure from China's slowdown and reduced global trade, foreign investment has picked up notably this year from 2018.
President Trump tweeted his congratulations to China and President Xi Jinping on the nation's 70-year anniversary, which marks the start of the country's communist regime, but some congressional Republicans struck a vastly different tone.
Why it matters: Like his relationship with Russian President Vladimir Putin, the split highlights how Trump's public attitude toward foreign adversaries — even as he hammers China on economic issues — can often be at odds with GOP orthodoxy.
The World Health Organization said in a new report that alcohol consumption in Russia decreased by 43% per capita from 2003 to 2016, according to the BBC.
Why it matters: Russia, which has been considered one of the heaviest-drinking countries in the world, is simultaneously experiencing a significant rise in life expectancy as a result of the drop in alcohol consumption.
Violent clashes erupted across Hong Kong between police and protesters as tens of thousands defied a marching ban on Tuesday, China's 70th anniversary of Communist Party rule, the New York Times reports.
What's happening: A police officer shot a pro-democracy protester in the first incident of its nature since the protests started months ago, reports AP, which called the event an "escalation of the monthslong unrest that has rocked the city."
China showed off a new hypersonic ballistic nuclear missile, the DF-17, as it displayed its military might during a grand parade in Beijing marking the 70th anniversary of Communist Party rule, AP reports. But clashes between police and protesters in Hong Kong cast a shadow over celebrations.
The big picture: Hong Kong authorities had tried to thwart protesters as Chinese President Xi Jinping oversaw the Beijing parade that showcased some 15,000 soldiers and 100,000 performers, per the New York Times. Hong Kong went into unprecedented lockdown, Reuters notes. But tens of thousands of protesters defied a ban on marches and attended rallies throughout the city, per Bloomberg.
