'Concrete steps' to nixing nukes needed before North Korea talks: White House

10 March, 2018, 01:51 | Author: Jason Torres
  • India welcomes possible Trump Kim meet

Instead, Kim only promised to stop nuclear and ballistic missile testing and said he accepted the right of the United States and South Korea to move forward with joint military exercises later this year.

In currencies, the Japanese yen JPY= was the biggest mover, falling more than half a percent against the dollar to its lowest in over a week following the news on North Korea.

Trump welcomed the move as "very positive", though Vice President Mike Pence said the United States position towards North Korea would not change "until we see credible, verifiable, and concrete steps toward denuclearization".

"President Trump appreciated the briefing and said he would meet Kim Jong-un by May to achieve permanent denuclearization", Chung, who headed up a South Korean delegation to Washington, said.

January 1, 2018: Kim says in his New Year's address that he has a nuclear button on his desk, but also calls for improved relations with South Korea and suggests sending a delegation to the Winter Olympics in Pyeongchang, South Korea.

The White House confirmed that Trump would accept Kim's invitation to meet.

"We are moderately bearish on gold prices, and see the rising yield environment as a headwind", analysts at Societe Generale said in a note.

"We do hope that this meeting is going to take place", Lavrov said after meeting with African Union chairperson Moussa Faki Mahamat at the body's headquarters in the Ethiopian capital.

Chung Eui-yong, head of the South Korea's National Security Office and the special envoy of President Moon Jae-in, said that Kim told him in Pyongyang earlier this week that "as the situation on the Korean peninsula becomes stabilized, the South Korea-U.S. joint military exercises may also be adjusted".

IL sees steep increase in opioid ER visits
Time after time addicts are essentially resuscitated and sent home without follow-up mind, just to overdose once more, she says. Others say one key could be training emergency room doctors and nurses to make sure addicts get help to break their addiction .

European Union spokeswoman Maja Kocijancic also welcomed reports that the North is willing to discuss ending its nuclear programme and halt testing while talks take place, saying it could prepare the ground for a negotiated resolution.

The meeting would be the first between a North Korean leader and any sitting U.S. President.

However, analysts feel that domestic markets have largely discounted global cues, but added that the uncertainty around the tariff on steel and aluminium imports proposed by Trump could have a short-term impact on steel companies.

"Much respect to President Trump and Marshall Kim Jong Un for their upcoming historic meeting", Rodman wrote on Twitter.

Before the White House began setting out conditions for the talks, China and Russian Federation welcomed the prospect of a summit.

"The great news is the labor participation rate went up, the headline numbers are great, and the average hourly earnings has settled back down into consensus", said Art Hogan, chief market strategist at Wunderlich Securities in NY.

The United States made "zero concessions" and "consistently increased the pressure" on Kim Jong Un, US Vice President Mike Pence said.

The South Koreans said the talks could take place as soon as May; Tillerson said it would take "some weeks" to agree on the timing and the location of the meeting.

She added that "in the meantime, all sanctions and maximum pressure must remain".


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