Tuesday Morning Briefing: Diplomatic flurry over Trump-Kim summit

Highlights

North Korea has dispatched top officials to the United States and Singapore, the latest indication that an on-again-off-again summit with President Trump may go ahead.

 

"The most important agenda item would be the method of denuclearisation. It seems Kim is visiting US for final coordination ahead of 6/12 summit": Moon Sung-mook, a former ROK military official who negotiated with Kim before. https://reut.rs/2ITnN3Z Reporting with @joshjonsmith

11:07 AM - may 29, 2018

Trump said meetings were being held to set up a summit and confirmed that a top North Korean official was en route to New York.

The euro looked to have dodged a bullet when Italy’s would-be eurosceptic coalition government collapsed at the weekend, but it may turn out to have been the opening salvo in a war over Europe’s single currency.

The Breakingviews Soccernomics calculator ranks the 32 contenders in the World Cup according to four metrics, and uses these to predict which country will come out on top. In 2014 it correctly forecast a German triumph. Four years on the inputs are different but the prognosis remains the same.

World

Palestinian militants fired more than 25 mortar bombs from Gaza into Israel today, the Israeli military said, in one of the heaviest barrages in years.

Police in Myanmar examined the mobile phones of two Reuters reporters accused of possessing secret documents without a search warrant after their arrests in December, an officer told a court yesterday, in what has become a landmark press freedom case. Read more on Wa Lone and Kyaw Soe Oo’s case.

Nouf al-Anzy’s new life shows how Saudi Arabia’s social reforms are helping its struggling economy. Six months ago she got her first job, one of tens of thousands of women to do so as the government tackles prejudice against female employment. Read the latest in the World at Work series.

 

Ms Li has a day job at one of China’s top tech firms. At night she livestreams eating noodles or telling jokes to get her salary in line with her male peers. “It’s not such a risk to work on the side if you know you’re not going anywhere.” https://reut.rs/2IRpMWo @catecadell

10:529 AM - May 29, 2018

Sponsored by Barclays: The fate of human jobs. Advances in technology have brought us to a tipping point. Is this the end of work as we know it? Get the report.

Business

Delays and 'poison pills': team Trump runs out of road in NAFTA talks

Trump is running out of time to deliver a revamp of the North American Free Trade Agreement he promised for this year and people involved in the talks say the crunch is largely of his administration’s own making.

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How the world's biggest private equity oil and gas industry bid collapsed

Blame it on Trump, Iran or Venezuela. Rising oil prices combined with a heavy debt load killed the world’s biggest private equity oil and gas industry deal last week. Here’s why Santos jilted Harbour at the altar.

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