|

CIA Director Pompeo met with North Korea's Kim Jong Un weeks ago - Washington Post

According to reporting by the Washington Post, two anonymous sources confirmed that Mike Pompeo, Director of the CIA, made a secret trip to North Korea over Easter weekend to establish a dialogue with the hermit country's leader.

Key quotes:

"CIA Director Mike Pompeo made a top-secret visit to North Korea over Easter weekend as an envoy for President Trump to meet with that country’s leader, Kim Jong Un, according to two people with direct knowledge of the trip."

"The extraordinary meeting between one of Trump’s most trusted emissaries and the authoritarian head of a rogue state was part of an effort to lay the groundwork for direct talks between Trump and Kim about North Korea’s nuclear weapons program, according to the two people, who requested anonymity because of the highly classified nature of the talks."

"Speaking at his Mar-a-Lago resort on Tuesday, Trump appeared to allude to the extraordinary face-to-face meeting between Kim and Pompeo when he said the U.S. has had direct talks with North Korea “at very high levels.” The president didn’t elaborate."

Author

Joshua Gibson

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

More from Joshua Gibson
Share:

Editor's Picks

EUR/USD: Breakdown below trading range support near 1.1770 comes into play

The EUR/USD pair opens with a bearish gap at the start of a new week as the US-Iran war-led global flight to safety boosts the US Dollar. Spot prices, however, lack follow-through selling and manage to hold above mid-1.1700s during the Asian session.

GBP/USD declines below 1.3450 on Middle East tensions, UK political uncertainty

The GBP/USD pair attracts some sellers to around 1.3420 during the early Asian session on Monday. The US Dollar edges higher against the Cable amid escalating tensions in the Middle East after recent US-Israeli strikes on Iran over the weekend.

Gold jumps over 2% toward $5,400 after US, Israel attack Iran

Gold is on fire at the start of the week, a widely expected move, as investors seek harbor in the traditional store of value, following the continued US and Israel attacks on Iran. The bright metal opened with a bullish gap of about $17 and rallied toward the $5,400 level as Asian traders hit their desks and reacted negatively to the weekend news of the Middle East conflict, rushing for cover in Gold.

Iran escalation: Quick thoughts on markets

Markets are likely to open the week with risk-off, with declines led by airlines, cyclicals and trade-exposed names, while energy, defense and “strategic” sectors may be relatively steadier.

Crisis in the Middle East: The market reaction

A primer on how markets will open on Monday, and why geopolitical risk may not be easily absorbed by financial markets this time around. Geopolitics and events between Iran, the US and the wider Middle East will dominate financial markets on Monday. The situation has continued to escalate as we move through Sunday. 

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.