Saturday, 23 June, 2018

Gold slips on N.Korea news, market awaits USA jobs data

U.S. President Donald Trump attempts to shake hands with U.S. Trade Representative Robert Lighthizer after signing the'Section 232 Proclamation on steel and aluminum imports in Roosevelt Room at the White House Gold slips on N.Korea news, market awaits USA jobs data
Lisa Bryan | 10 March, 2018, 01:48

Former Obama administration official Susan Rice on Friday questioned President Donald Trump's ability to successfully execute a meeting with North Korean leader Kim Jong Un, and she warned an unsuccessful meeting could increase the risk of conflict.

South Korea's President Moon described the announcement as "historic" and thanked both leaders for seeking a diplomatic solution to the denuclearization of the Korean Peninsula.

A commentary in China's official Xinhua news agency said that a Trump-Kim meeting would show "notable progress regarding the Korean Peninsula nuclear issue, and deserves applause from everyone, especially after the tit-for-tat vicious cycle as Washington and Pyongyang repeatedly traded threats that raised the specter of a nuclear war in the region previous year". Kim called Trump a "a mentally deranged US dotard".

Here are some key quotes from the Trump-Kim squabble.

The latter acknowledgment marked a significant shift for the Kim regime. "Kim Jong Un talked about denuclearization with the South Korean Representatives, not just a freeze".

The agreements, which follow a flurry of cooperative steps taken by the Koreas during last month's Pyeongchang Winter Olympics, brightened prospects for a dialogue between North Korea and the USA over the North Korea's nuclear programme. He refers to Kim as "Rocket Man" and that he's "on a suicide mission for himself".

"That's something that we're going to continue advocating for and pushing for", she said during a regular press briefing. "The United States is ready, willing and able, but hopefully this will not be necessary". He says he will "surely and definitely tame the mentally deranged U".

On the heels of an intercontinental ballistic missile from Pyongyang in November, Trump derided Kim as a "sick puppy", drawing cheers from a crowd of supporters at a campaign-style rally.


"A moment of panic or carelessness, a misconstrued comment or bruised ego could easily lead us unavoidably to the destruction of entire cities", ICAN head Beatrice Fihn said.

Chinese President Xi Jinping told Trump in a phone call on Friday that he appreciates his desire to resolve the North Korea issue politically, Chinese state media said.

"We have a lot of firepower, more than he has, times 20 - but we don't want to use it".

Trump's sudden decision to meet with Kim stunned even people in his own administration.

The surprise announcement in Washington, DC, following an announcement by Chung on Tuesday that the North Korean leader had agreed to meet South Korea's President Moon Jae-in in April.

Rodman is a 1990s star of the Chicago Bulls, where he won three National Basketball Association championships.

"We believe Trump's readiness to accept Kim Jong Un's invitation to a summit meeting by May also represents a positive development", Kocijancic told reporters, saying the European Union looked forward to the outcome of the talks.

"There are a lot of potential exemptions, so I think safe haven flows into the yen have abated", said Roy Teo, investment strategist for LGT Bank in Singapore. Click any of these buttons below!

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