Market updates on August 23
Will the Fed Chair changes his views during the speech today?
North Korea's Kim tells he’s quite open to dialogue' with South Korea
On Monday, Kim Jong Un warned America that he boasts a "nuclear button" at hand, right on his desk and it will be employed if his isolated country is directly threatened. However, he offered an olive branch to his South neighbor, telling he’s "open to dialogue" with South Korea.
After 2017 dominated by fiery rhetoric as well as escalating tensions over North Korea's nuclear weapons tests, Kim utilized his televised New Year's Day speech to declare North Korea "a peace-loving and also responsible nuclear country." He also called for lower military tensions on the Korean peninsula as well as improved ties with the South.
Kim added that North Korea's participation in the Winter Games is going to be an excellent opportunity to demonstrate the national pride and he suggested the Games will be successful.
South Korea generally appreciated Kim's offer to send a South Korean delegation to the Pyeongchang Games and also hold negotiations with them to discuss probable participation.
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