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North Korea says US ruining mood of detente ahead of summit

With just weeks to go before President Donald Trump and North Korean leader Kim Jong Un are expected to hold their first-ever summit, Pyongyang on Sunday criticized what it called “misleading” claims that Trump’s policy of maximum political pressure and sanctions are what drove the North to the negotiating table. The North’s official news agency quoted a Foreign Ministry spokesman warning the claims are a “dangerous attempt” to ruin a budding detente on the Korean Peninsula after Kim’s summit late last month with South Korean President Moon Jae-in. …read more […]

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Billions on the line for firms as Trump weighs Iran pullout

From airplanes to oilfields, billions of dollars are on the line for international corporations as President Donald Trump weighs whether to pull America out of Iran’s nuclear deal with world powers. “I absolutely think those on the fence will not jump in,” said Richard Nephew, a former sanctions expert at the U.S. State Department who worked on the nuclear deal and now is at New York’s Columbia University. The 2015 Iran nuclear deal lifted crippling economic sanctions that had locked Iran out of international banking and the global oil trade. …read more […]

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Warren Buffett shares the epiphany he had in 1942 that dictated the rest of his investment career

Warren Buffett shared an investment story from 1942, when he was 11 years old, that’s helped inform all of the decisions he’s made during his legendary career. Follow Business Insider’s coverage of Berkshire Hathaway’s annual meeting 2018. Warren Buffett has a story for you. …read more […]