Gold Silver Reports (GSR) – President Donald Trump and Kim Jong Un expressed optimism that the U.S. and North Korea could find a path toward peace, opening a highly anticipated summit between two adversaries that only last year had seemed on the brink of nuclear war. “I believe this is a good prelude for peace,” Kim said as the two men sat accompanied by top aides an hour into their meetings in Singapore. Trump responded by saying “I do, too.” Looking Kim in the eye, he said “we will solve it, we will be successful.”
Gold Silver Reports (GSR) – Chris Anstey Managing Editor, Asia Cross-Asset Markets – Another potential implication is if these talks result in North Korea releasing people Japan says were abducted from its shores over the decades. It’s an emotive issue in Japan, and Prime Minister Abe has repeatedly pressed Trump to push on this. A release of abducted Japanese could help Abe, who’s been struggling in the polls. He faces a leadership contest in the ruling party in September.
Gold Silver Reports (GSR) – Rosalind Mathieson, International Government Executive Editor – We’re all Googling “Oiseon,” which is a Korean stuffed cucumber and is on the menu for lunch. The vegetables are filled with meat (according to Wiki, chicken or beef, plus onion and seasoning) and then steamed. Hopefully not a dish that goes soggy — …
Gold Silver Reports (GSR) – Jiyeun Lee, Korea Economy Reporter – So what would North Korea gain from any agreement? It’s currently one of the world’s poorest nations — any progress at the summit might lead to much needed economic opportunities.
Gold Silver Reports (GSR) – Kyung Bok Cho, Breaking News Asia Managing Editor – In what appears to be a reference to today’s summit, Im Jong-seok, the chief of staff to the South Korean president, said the following in a Facebook post:
Gold Silver Reports (GSR) – Rosalind Mathieson, International Government Executive Editor – It’s a commentary from state-run Xinhua News Agency — reflects China’s caution about over-egging the summit outcomes. No one, it says, would expect a half-day meeting to “iron out all differences and remove deep-seated mistrust between the two long-time foes.”