A man walks past a wall adorned with banners honoring Russian servicemen participating in Russia’s military action in Ukraine, in Kursk on October 17, 2024. Agence France-Presse
The firm hopes to secure provisional authority to make its business up and running while the ERC’s virtual hearing on its application is in progress, according to the document posted on the regulator’s website on Wednesday, October 2.
By the end of the session, the benchmark Philippine Stock Exchange Index (PSEi) shed 0.19 percent, or 13.89 points, to 7,388.92.
WASHINGTON — North Korean forces have suffered “several hundred” casualties fighting against Ukrainian troops in Russia’s Kursk region, a senior US military official said Tuesday.
Pyongyang has sent thousands of troops to reinforce Russia’s war effort, including to the Kursk border region, where Ukrainian forces seized territory earlier this year.
Article continues after this advertisement“Several hundred casualties is our latest estimate that the DPRK has suffered,” the official said on condition of anonymity, using an abbreviation for North Korea’s official name.
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This “would include everything from… light wounds up to being KIA (killed in action),” the official said, with soldiers of “all ranks” among the casualties.
Article continues after this advertisement“These are not battle-hardened troops. They haven’t been in combat before,” the official said, adding that this was likely contributing to “why they have been suffering the casualties that they have at the hands of the Ukrainians.”
Article continues after this advertisementThe official’s comments on casualties came after Ukraine’s commander-in-chief Oleksandr Syrsky said Russia has used North Korean troops at the heart of an “intensive offensive” in Kursk over several days.
Article continues after this advertisementREAD: North Korea sent 10,000 troops to train in Russia, US says
North Korea and Russia have strengthened their military ties since Moscow’s invasion of Ukraine in February 2022. A landmark defense pact between Pyongyang and Moscow signed in June came into force earlier this month.
Article continues after this advertisementExperts say the nuclear-armed North’s leader, Kim Jong Un, is keen to acquire advanced technology from Russia and battle experience for his troops.
US President Joe Biden’s administration has been a key supporter of Kyiv, and has been rushing to provide it with billions of dollars in already authorized aid before President-elect Donald Trump takes office next month.
Trump has repeatedly criticized US assistance for Ukraine and claimed he could secure a ceasefire within hours — comments that have triggered fears in Kyiv and Europe about the future of US aid under his administration.
A senior defense official said Tuesday that not all of the remaining $5.6 billion that can be drawn from US stocks may be used in time.
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“I would certainly anticipate that… there could be remaining authority that would transition and be available for the next administration to usegoal11,” the official said on condition of anonymity.
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