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Stephen Biegun tutored Sarah Palin on foreign policy. Now he’s trying to clinch a North Korea deal for Trump.

“Trump, who initially demanded that North Korea give up its nuclear program quickly, has worked to lower public expectations since Singapore” writes February At Pm for washingtonpost.com. Biegun was a well-known GOP aide during 14 years on the Hill, working as a foreign policy staffer for Sen.Though Biegun’s foreign policy expertise and background is in Russia, one former colleague recalled Rice bringing him into North Korea-related meetings. Source: washingtonpost.com

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South Korea’s Supreme Court upholds Korean FTC’s antitrust charges, ordering Qualcomm to pay $180M+

“Of the 273 billion-won penalty, the court ruled the chipmaker should pay at least 200 billion won [$180M], while the remainder needs be reconsidered at a lower court” writes Apple Watch Series for 9to5mac.com. Korea’s FTC fined Qualcomm a total of 273 billion won ($242M) for antitrust actions taken from 2000 to 2009, but the chipmaker refused to pay … It rejected the 2009 ruling and decided to fight it in court. Source: 9to5mac.com

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Bank of Korea Warns Against Central Bank Digital Currency

“South Korean central bank has issued a warning against the concept of central bank digital currency (CBDC) saying the move will cause liquidity shortage along with a surge in interest rates, according to a Yonhap report” writes Arnab Shome for financemagnates.com. Last month, the South Korean central bank officially issued a notification mentioning that it will not issue any CBDC after studying the prospect since last May.Many central banks around the world are exploring the feasibility of launching the state-issued digital currencies based on the blockchain technology which can be…

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US-North Korea summit: What Trump can — and can’t — offer will define success

“U.S. President Donald Trump is going to have to offer North Korea’s Kim Jong Un more concessions at their upcoming summit if he wants the reclusive state to make any real progress on denuclearization, political strategists say” writes Kcna Reuters for cnbc.com. In fact, numerous reports indicate that Kim’s administration continues to advance its nuclear and ballistic missile program through ongoing production of rockets, warheads and fissile material. Source: cnbc.com

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Trump Says He Plans to Meet With North Korea’s Kim Feb. 27-28

“North Korea has not conducted any nuclear-capable missile tests in more than a year and it has dismantled some of its nuclear infrastructure” reports thehill.com. As well, Kim Jong Un continues to demonstrate openness to the denuclearization of the Korean Peninsula,” Coats said.Our hostages have come home, nuclear testing has stopped and there has not been a missile launch in more than 15 months,” Trump said. Source: thehill.com

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Trump: US, North Korea at war without me in the White House

“President Trump said the U.S. and North Korea would be at war with each other if he hadn’t been elected president, a war that could have left “millions” dead” reports washingtonexaminer.com. “If I had not been elected president of the United States, we would right now, in my opinion, be in a major war with North Korea,” Trump said in his State of the Union address. Source: washingtonexaminer.com

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Exclusive: Indian steel firms seek higher duties on steel imports as prices drop

“As a result, the nation’s steel imports from countries such as Japan, South Korea and Indonesia surged” writes Midwest Communications Inc for 95kqds.com. According to government figures, for the April-September 2018 period imports from South Korea rose 29 percent from the year-earlier period, Japanese imports increased 35 percent, and Indonesian imports by 106 percent.Chinese imports also climbed in the final quarter of 2018, Indian companies say. Source: 95kqds.com

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U.S. and North Korean negotiators haven’t agreed on a common definition of “denuclearization,” the lead State Department negotiator said Thursday.

“You cannot divorce the intelligence information from policy” reports washingtonexaminer.com. The intelligence information is critical as an underpinning for the policy, but the policy is to address the threat and that’s what my frustration was last week.”.  Source: washingtonexaminer.com

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South Korea shipbuilder Daewoo’s shares rally as rival Hyundai eyes stake

“In contrast, shares of Hyundai Heavy Industries and parent Hyundai Heavy Industries Holdings fell nearly 5 percent on worries that the group would purchase the stake at a high price, analysts said” writes Seongjoon Cho for cnbc.com. South Korea’s Hyundai Heavy Industries Group is interested in buying a stake in cross-town rival Daewoo Shipbuilding and Marine Engineering, a Hyundai official said, sending shares of Daewoo rallying as much as 22 percent on Thursday. Source: cnbc.com

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