South Korea ETF Loses Cash Before Trump-Kim Meeting

Tuesday, 12 Jun, 2018

South Koreans are divided on generational and political lines about Tuesday's summit between the North's leader Kim Jong-un and US President Donald Trump.

Dennis Rodman arrives in Singapore ahead of Trump-Kim summit.

Trump is set to meet with Kim in Singapore on Tuesday morning. The article also stresses the need for confidentiality - meaning Trump will have to resist tweeting the minutes of the meeting. Both leaders would offer "clear, specific, unequivocal statements" outlining a dismantlement of North Korean weapons, an inventory and removal of all nuclear fuel and an opening up to United Nations nuclear inspectors.

Lee Hye-ji, a 31-year-old housewife, was "hopeful" about the Trump-Kim meeting, adding she was less interested in denuclearisation than a declaration that the Korean War was over, 65 years after hostilities stopped with a ceasefire rather than a peace treaty.

After the many meetings with Kim, Trump will hold a press conference at 4 p.m. local time (6 p.m. AEST), then fly back to the White House.

Such characteristic caution notwithstanding, the prospect of the summit is generating a great deal of interest among every day North Koreans.

It "would instead lay out practical steps with requisite commitments from North Korea that demonstrate that it understands, accepts and is committed to achieving denuclearisation as the U.S. defines it", said Enos, who is also in Singapore to watch the proceedings.

Security is tight ahead of the summit between two unpredictable men who in the past have threatened to destroy the other's country during the stand-off over North Korea's nukes.

Before flying to Singapore, Mr. Trump was in Canada for the G-7 summit with leaders from Canada, France, Germany, Italy, Japan and the U.K. All seven leaders had worked out a joint statement stressing the importance of a rules-based worldwide trading system.

Since his election as president in November 2018, several media houses have been vehement critics of the United States president and his policies-unswayed by his constant "FAKE NEWS" attacks-and they made no exception with their comments on the Trump-Kim meeting.

Following an on-camera greeting, the pair will begin the summit with a one-on-one meeting with only their translators, according to a senior Trump administration official.

The most common prediction that most publications made was, ironically, the unpredictability of the outcome of the Trump-Kim summit, given how both leaders tend to be mavericks.

That may be even more important to Trump in the wake of the disastrous G-7 summit.

So you can only imagine how much Singapore is paying to have the North Korean leader and an entire army of bodyguards and government officials at the St. Regis.

He initially touted the potential for a grand bargain with North Korea to rid itself of a nuclear missile programme that has advanced rapidly to threaten the United States. Forging a peace treaty involving South Korea may be another topic of the Trump-Kim meeting.