Jim Rogers, legendary investor and chairman of Rogers Holdings, told FOX Business that the prospect of peace between the USA and North Korea may bring an economic surge to the Korean Peninsula. The historic summit took place on the resort island of Sentosa in Singapore. "To increase their coal exports would require more trade partners than China, which will take time to improve relationships".
The front page of the state newspaper, the Rodong Sinmun, meanwhile, splashed photos of the two leader, under the headline: "A meeting of the century that opened a new era in history of North Korea-US relations". Families "want the remains of their sons back", Trump said. The two leaders signed a statement of understanding that states, among other things, North Korea "commits to work toward complete denuclearization of the Korean Peninsula". It's even easier to imagine Trump announcing the withdrawal of the 32,000 U.S. military personnel stationed in South Korea in exchange for a move from Kim.
Trump said the U.S. would be checking Kim's progress towards denuclearisation "very strongly" but many agreements made in the past with North Korea have later fallen apart.
Not one, but 33 colour photographs, including an image of Kim smiling as he shook hands with the hawkish United States national security advisor John Bolton, were published by the propaganda organ. And by calling the USA exercises "provocative", Trump used language Pyongyang and Beijing normally use, and they will throw this back at him if Washington ever wants to start these again.
They are most alarmed about Trump's stunning, seemingly offhand comment that he says he wants to remove the 28,500 American troops stationed in the South as a deterrent against North Korean attack and end the annual war games. This is an important step toward confidence building for both sides of the summit and one that should be praised.More news: Liverpool-linked Lemar on way to La Liga
"We will be stopping the war games which will save us a tremendous amount of money, unless and until we see the future negotiation is not going along like it should".
Kim on Tuesday pledged to work toward the "complete denuclearisation" in return for security guarantees from the U.S. as Trump wrapped up his historic summit with outcomes that could ease tensions and reshape the geopolitics of the Asia-Pacific region.
Yes. Not only has China wanted to end USA military exercises and presence on the peninsula, but it also wants to weaken ties between the United States and its South Korean ally.
TRT World's Jon Brain looks at reaction to the summit.