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Summit on? US in 'productive talks' with N Korea

Summit on? US in 'productive talks' with N Korea

World
Donald Trump has said next month's highly-anticipated summit with North Korea could be back on, tweeting that "very productive talks" were ongoing with Pyongyang. The announcement comes just days after the US president cancelled the meeting in Singapore with Kim Jong Un that was scheduled for 12 June.Donald Trump had blamed the Pyongyang regime's "tremendous anger and open hostility" as he pulled out of the talks, saying the world had "lost a great opportunity for lasting peace".But late on Friday, Mr Trump tweeted: "We are having very productive talks with North Korea about reinstating the Summit which, if it does happen, will likely remain in Singapore on the same date, June 12th., and, if necessary, will be extended beyond that date." We are h...
UK election result 'may delay Brexit talks'

UK election result 'may delay Brexit talks'

Business
The UK general election result could delay Brexit talks and be negative for the economy, credit ratings agencies Moody's and S&P have warned.The Brexit negotiations with the EU were due to start on 19 June but Moody's said the fact that the Conservatives had lost their majority would delay the start of the talks. It will "complicate and probably delay Brexit negotiations," it warned.Moody's said it could also further pressure the UK's public finances.The "inconclusive" outcome of the general election could mean the government places less of a priority on cutting the budget deficit. This would be negative for the UK's credit rating and make it more expensive for the country to borrow money.As a result, Moody's said it expected fiscal risks to increase, because in its view the budget def...