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Tuesday Morning Briefing: Trump, Kim agree on denuclearization, but deal seen symbolic

U.S.-NORTH KOREA SUMMIT HIGHLIGHTS

U.S. President Donald Trump and North Korean leader Kim Jong Un pledged to work toward complete denuclearization of the Korean peninsula while Washington committed to provide security guarantees for its old enemy. The joint statement signed at the end of their historic summit in Singapore gave few details on how either goal would be achieved but Trump fleshed out some details at a news conference.

Residents of the Chinese city that stands to benefit the most from a positive outcome from today’s historic U.S.-North Korea summit in Singapore said they were hopeful that it would lead to peace and bolster cross-border business.

Breaking down the body language: Kim Jong Un and Trump met at their historic summit in Singapore. Reuters spoke with a body language expert to analyse Kim’s and Trump's movements during their initial meet.

 

Instant View: Trump and Kim pledge to work towards denuclearization at historic summit https://reut.rs/2y2bTj6

4:43 AM - Jun 12, 2018

World

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British Prime Minister Theresa May faces a showdown with lawmakers who want power to force her government to go back to the negotiating table if they reject a Brexit deal, testing her plans for leaving the European Union.

Commentary: The battle to determine the composition of the next Iraqi government has not yet been won, writes Nussaibah Younis. However, Iran could secure a strategic victory in the face of lackluster engagement by the United States. “Senior U.S. foreign policy officials are distracted by the upcoming summit with North Korea, while those assigned to push back against Iranian influence are solely focused on re-imposing sanctions – failing to appreciate the significance of this potential turning point for Tehran’s regional influence.”

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Soccer World Cup

They may not have qualified for the tournament, but travelers from the United States are among those most gripped by World Cup fever in terms of flight bookings to Russia, with bookings up 66 percent, data showed.

Eight years after South Africans blared away on their plastic vuvuzela horns when they hosted the contest, Russians are hoping fans at the tournament it hosts starting on Thursday will celebrate by clacking their “lozhkas” - spoons that beat out an insistent, but quieter rhythm.

Business

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OPEC will squeeze oil buffer to historic lows with an output hike

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Louboutin wins EU court battle over trademark red soles

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