Archives of “South Korea–United States relations” tag

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North Korea warns that Kim’s thoughts on Trump can change

  
Analysis, Politics
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North Korea warns Trump on year-end deadline

North Korea US

In case you missed the news from earlier today, North Korea has set a year-end deadline for the US to change its policies or Kim Jong Un may “embark on a new path” as denuclearisation talks between the two countries appear to have broken down.

If you’ve been following our headlines over the past few months, it is clear that the two countries aren’t getting along well with how frequent North Korea has been conducting missile launches and tests during the period.
As things stand, they want the US to lift more sanctions before committing to any more “denuclearisation” projects but the US wants it to be the other way around. Hence, we have reached a bit of an impasse at the moment.
If anything else, keep an eye on this issue here as it could present a wild card risk for markets in 2020 – alongside the host of other issues.

North Korea tests missiles a month ahead of deadline for US talks

  
  Analysis
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Breaking a month-long lull in missile tests, North Korea fired two short range missiles into the sea off its east coast on Thursday in what appeared to be the latest try out of its new multiple rocket launchers, South Korea’s military said.

The test-firing came as the clock ticks down on the year-end deadline that Pyongyang had given the United States to restart stalled denuclearisation talks.

South Korea’s Joint Chiefs of Staff (JCS) said the North fired the two missiles into the sea from launchers in the eastern coastal town of Yonpo at around 5 p.m. (0800 GMT).

The rockets travelled up to 380 kilometres (236 miles) and reached an altitude of 97 km (60 miles), the JCS said.

Japanese Prime Minister Shinzo Abe said the launch was a threat to not only Japan but the region and beyond, though his defence ministry said the projectile did not enter Japanese airspace or its Exclusive Economic Zone.

“We will remain in close contact with the United States, South Korea and the international community to monitor the situation,” Abe told reporters. (more…)

US imposes sanctions on Chinese entities for knowingly buying oil from Iran

  
  Analysis
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Pompeo expands sanctions

Pompeo has been driving a hard line on China and Iran. I’m not sure if China sees this as a separate issue from trade negotiations but if the wider question is: Is the US trying to curb and contain China? Then the answer is that every action like this is a push towards decoupling.

Heads up – Trump – Abe meeting underway

  
Analysis, Politics
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A bilateral meeting between US president trump and Japan’s PM Abe Shinzo

  • At the G20
  • In Osaka
Its begun – expect some comments to follow.
Yesterday we heard there are no discussions taking place on the Japan-US defense agreement. Trump has had problems with the yen though, I wonder if that’ll come up?
A bilateral meeting between US president trump and Japan's PM Abe Shinzo
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