2018.05.31

News Headlines - 31 May 2018

North Korea Summit: Kim Yong Chol Meets Pompeo in New York | Time

A senior North Korean official and the top U.S. diplomat had dinner in New York as President Donald Trump and Kim Jong Un try to salvage prospects for a high-stakes nuclear summit. It’s the highest-level official North Korean visit to the United States in 18 years.

Russia enters North Korean diplomatic fray as Lavrov calls for phased lifting of sanctions on visit

Sergey Lavrov, the Russian foreign minister, arrived in Pyongyang on Thursday on a mission to get Moscow back into the diplomatic fray surrounding North Korea and, ultimately, boost Russia’s economic and security standing in the region.
Mr Lavrov is paying his first visit to North Korea since April 2009 and was due to hold talks with Ri Yong-ho, his local counterpart, over bilateral relations and ongoing developments on the Korean Peninsula.

EU takes Trump to WTO over steel tariffs and hits back with countermeasures on American goods | The Independent

The European Union will impose countermeasure tariffs against US trade in response to Donald Trump’s tariffs on European steel and aluminium exports, Brussels has said... The bloc is also taking the US to the World Trade Organisation’s ‘trade court’ – officially known as the dispute resolution mechanism – to get Mr Trump’s policy declared illegal.

Marchionne's Finale Entails Expanding Jeep, Shrinking Fiat - Bloomberg

Sergio Marchionne’s last hurrah as chief executive officer of Fiat Chrysler Automobiles NV entails betting the carmaker’s future on Jeep SUVs and Maserati luxury cars while downsizing its namesake brands, according to people familiar with the matter.
Under the plan, the company is considering ending sales of Fiat cars in North America and China in the coming years, while mostly confining Chrysler to the U.S., said the people, who asked not to be identified before Marchionne unveils the strategy on Friday at the Balocco test track outside Turin.

Original Winnie-the-Pooh map to be auctioned in London | Reuters

The original map of the Hundred Acre Wood from the Winnie-the-Pooh children’s stories is set to go under the hammer, with an estimate price tag of up to $200,000.
The ink sketch drawn by E.H. Shepard in 1926 lays out the much-loved fictional world created by A.A. Milne, depicting characters Winnie-the-Pooh, Christopher Robin, Piglet and Eeyore.


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