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North Korea passes law allowing nuclear strike if under threat

State media in North Korea said the country has passed a law allowing it to carry out a preventive nuclear strike and declaring its status as a nuclear-armed state "irreversible.”
The announcement comes at a time of crumbling ties between the North Korea and South Korea, with the North blaming the South for the outbreak of Covid-19 in its territory, and conducting a record number of weapons tests this year.
The law will allow North Korea to carry out a preventive nuclear strike "automatically" and "immediately to destroy hostile forces," when a foreign country poses an imminent threat to Pyongyang, the official Korean Central News Agency (KCNA) said.
KCA reported that leader Kim Jong-un said that with the newly enacted law, "the status of our country as a nuclear weapons state has become irreversible".
In July, he said country was "ready to mobilise" its nuclear capability in any war with the US and South Korea.

He reiterated that Pyongyang would never give up the nuclear weapons it needed to counter hostilities from Washington.
"There is absolutely no such thing as giving up nuclear weapons first, and there is no de-nuclearisation and no negotiation," he said during a speech at North Korea's rubber-stamp parliament, according to KCNA.
Report says Russia is buying artillery ammunition from North Korea
A blitz of North Korean weapons tests since January included the firing of an intercontinental ballistic missile at full range for the first time since 2017.
Officials in Washington and South Korea have repeatedly warned that North Korea is preparing to carry out what would be its seventh nuclear test.
Nuclear talks and diplomacy between Washington and Pyongyang have been derailed since 2019 over sanctions relief, and what Pyongyang would be willing to give up in return.
UN chief Antonio Guterres expresses ‘clear commitment’ to North Korea denuclearization
South Korea last month offered North Korea an "audacious" aid plan that would include food, energy and infrastructure help in return for the North abandoning its nuclear weapons programme.
But North Korea ridiculed the offer, calling it the "height of absurdity" and a deal it would never accept.
South Korea's president Yoon Suk-yeol said last month his administration had no plans to pursue its own nuclear deterrent.
Source: rte
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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