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UK Times report May’s government faces ‘total collapse’ over Brexit

Sunday Times newspaper points out opposing factions within the Conservatives:

  • newspaper said at least six pro-European Union senior ministers will resign if UK PM May opts for a no-deal departure from the EU
  • But at the same time, rival ministers who support Brexit were threatening to quit if May decides to stay close to the EU with a customs union or if she sought a long delay to Brexit
The Times is gated, but Reuters carry a summary piece which is available.
The clock is ticking towards the can-kick date of April 12. After having thrown business under the bus now the government chucking itself under.
Sunday Times newspaper points out opposing factions within the Conservatives:

China’s Xi is worry about a summit with Trump

Concerned about difficulty in reaching compromise

Nikkei is reporting that China’s Xi is reportedly wary about a summit with US Pres. Trump as a result of the difficulty in reaching a compromise.
The US would receive Xi’s ire if there is not some give and take compromises from the US.
That puts a little damper on the details coming out that progress is being made with the talks.
Recall, that the Trump/Xi meeting has already been postponed. Xi does not want to meet without most, if not all of the details ironed out.

US sanctions 2 Chinese shippers over North Korea trade

A pair of Chinese shipping companies have been blacklisted by American authorities for allegedly helping North Korea evade U.S. and international sanctions over its nuclear and missile programs, tightening the Trump administration’s net as it pushes denuclearization talks with Pyongyang.

Dalian Haibo International Freight was designated for providing goods and services for Paeksol Trading, overseen by North Korea’s Reconnaissance General Bureau, the Treasury Department said Thursday. Paeksol has been subject to U.S. and United Nations sections.

Liaoning Danxing International Forwarding is alleged to have helped North Korean officials in the European Union operate and purchase goods for their government via deception.

The sanctions are the first since the abrupt end to the summit between U.S. President Donald Trump and North Korean leader Kim Jong-Un last month in Hanoi.

“Treasury will continue to enforce our sanctions, and we are making it explicitly clear that shipping companies employing deceptive tactics to mask illicit trade with North Korea expose themselves to great risk,” Treasury Secretary Steven Mnuchin said in a statement.

The Treasury and State departments also named 18 vessels suspected of involvement in ship-to-ship transfers with North Korean tankers, along with 49 vessels believed to have exported North Korean coal since new U.N. sanctions were imposed on Aug. 5, 2017. The ships are not limited to North Korean vessels, with others under the flags of such countries as Sierra Leone.

US press: President Trump just sidelined his own top negotiator on North Korea

Time reports that Trump has taken increased control of negotiations over North Korea’s nuclear weapons program,

  • sidelining his own top negotiator and dismissing the warnings of top intelligence and foreign policy advisors in the wake of last month’s failed summit in Vietnam, officials familiar with the developments tell TIME.
What could possibly go wrong?

North Korea is considering suspending nuclear talks with United States

The headlines helping the yen to gain

  • North Korea is considering suspending nuclear talks with United States

Tass citing Nth Korean deputy foreign minister

And:

  • North Korea has no intention to yield to united states’ demands
  • North Korean leader Kim set to make official announcement on his position regarding talks with united states
Note also that the Unification Ministry earlier noted that the North Korean head of the Kaesong inter-Korean liaison office had not attended inter-Korean weekly Friday meetings since February 22nd.
USD/JPY had been falling after the ‘as expected’ BOJ announcement (even leading into it … ps. moves are small only) – this given the yen a further little boost.
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