Displaying items by tag: kim

Tuesday, 12 June 2018 09:31

The Trump-Kim Summit Was a Success

(Washington)

The long-awaited, and hotly contested US-North Korea summit between President Trump and North Korea leader Kim went very well yesterday. The summit lasted for hours and resulted in a commitment from North Korea to denuclearize in exchange for the US pledging security guarantees for the country. Trump said the two signed a “very important” document. Trump reported that “My meeting with Chairman Kim was honest, direct and productive … We are prepared to start a new history ... and write a new chapter between our nations”.


FINSUM: For the first time we got the feeling that North Korea has played this whole situation very slyly. They built up nuclear capabilities (probably) simply to have a better bargaining position, and it appears to be working.

Published in Politics

(Washington)

After 6 months of posturing, threats, and cancellations, it is all finally going to happen tomorrow. President Trump will meet North Korean leader Kim in Singapore. The South Koreans are referring to the meeting as the “summit of the century”, and everyone seems to hope it will be a success. It will be the first time two sitting leaders of the two nations have met. Trump is hoping clinch a deal for a denuclearization program in exchange for making North Korea more included in the economic system.


FINSUM: The US is cautioning that this will be the start of a long program rather than a big bang deal. That seems reasonable given the history here.

Published in Politics

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