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Trump Signs ‘Comprehensive Document’ With Kim as Summit Ends

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  • Trump Signs ‘Comprehensive Document’ With Kim as Summit Ends

U.S. President Donald Trump signed what he called a “very comprehensive” document with North Korean Leader Kim Jong Un, capping a highly anticipated summit in Singapore aimed at overcoming decades of hostility and mistrust.

“We both want to do something,” Trump said on Tuesday, with Kim sitting at his side, later promising the two would meet again. “We both are going to do something. We’ve developed a very special bond.”

The North Korea leader said through a translator that the document “heralds a new start, leaving the past behind.” He added: “the world will witness a major change now.”

Neither Trump nor Kim gave any indication about the contents of the document, though the president said he would elaborate for the media later Tuesday. The signing ceremony came more than four hours into a meeting in Singapore aimed at easing decades of tensions between adversaries that only last year seemed on the brink of nuclear war.

Trump said that he and Kim would be meeting again, though he offered no timeline for when that might happen.

“Our whole relationship with North Korea and the Korean Peninsula is going to a very much different situation than it has in the past.”

For each leader, the summit represented a major gamble, and the outcome will be dissected around the globe for a sense of whether one of the world’s greatest security threats — Kim’s nuclear arsenal — can be eliminated. The talks were seen as a key first step to a formal end of the Korean War, which remains unfinished after a 1953 armistice.

The two men kicked off their summit with a handshake shortly after 9 a.m. local time Tuesday — 9 p.m. Monday in New York — marking the first face-to-face encounter between a sitting U.S. president and a North Korean leader.

As the meeting opened at the Capella Hotel on Singapore’s Sentosa Island, the two men entered with somber expressions that quickly gave way to smiles. Moments earlier, Trump had announced his chief economic adviser, Larry Kudlow, had been sent to the hospital after suffering a heart attack.

“It’s my honor, and we will have a terrific relationship, I have no doubt,” Trump said in brief remarks to reporters moments after their history-making handshake.

“It was not an easy journey,” Kim said earlier. “We’ve had a past that stopped us from advancing, and wrong behaviors and practices sometimes closed our eyes and ears, but we’ve overcome those to come to this point.”

The two leaders emerged about three hours into their meetings after a working lunch with senior aides. Trump spoke briefly to the press, letting reporters know that there would be a document signing, then appeared to show Kim his armored presidential limousine.

“It’s going great,” Trump said, with Kim at his side. “We had a really fantastic meeting. A lot of progress. Really very positive, I think better than anybody could’ve expected. Top of the line. Really good.”

Trump was joined in the talks by Secretary of State Mike Pompeo, who played a crucial role setting up the summit, National Security Adviser John Bolton and Chief of Staff John Kelly. Kim was accompanied by North Korean Vice Chairman Kim Yong Chol, Foreign Minister Ri Yong Ho and former Foreign Minister Ri Su Yong.

Just meeting with Trump marks a diplomatic accomplishment for Kim, who has emerged from isolation in recent months and rapidly increased his outreach to other world leaders.

By sitting down with an American president — a longtime goal of North Korea’s government — Kim’s regime is advancing its effort to establish its “reputation, respect, and credibility as a nuclear weapon state,” said Michael J. Green, senior vice president for Asia and Japan Chair at the Center for Strategic and International Studies.

Drama surrounding the event heightened in the hours before the leaders greeted each other, as the two sides shifted their schedules. After Kim made clear that he would be leaving Singapore by the end of the day, the White House announced that Trump would depart in the evening after delivering his afternoon news conference.

Trump wants the complete, verifiable and irreversible dismantling of North Korea’s nuclear weapons program. Kim is seeking a security guarantee — and possibly a peace treaty — and the removal of the U.S.’s nuclear umbrella protecting allies South Korea and Japan.

Kim has rejected calls to unilaterally give up his weapons in return for economic aid, and instead has proposed a step-by-step denuclearization process. His public statements and state-run media indicate he wants a deal to ease sanctions, but that he won’t give up his nuclear weapons until he feels safe enough to retain power without them.

Pompeo on Monday drew a firm line, saying the U.S. plans to keep sanctions in place until North Korea eliminates its nuclear weapons capability. Complete, verifiable, irreversible denuclearization, he told reporters, “is the only outcome that the United States will accept.”

Yet the top U.S. diplomat added Trump is ready to offer “unique” guarantees to ease the regime’s concerns about giving up a nuclear arsenal that provides a deterrent against foreign adversaries while also serving as a key point of national pride.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Netanyahu Stands Firm as US Halts Bomb Shipment Over Rafah Invasion Warning

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Netanyahu

Amidst escalating tensions between Israel and the United States, Israeli Prime Minister Benjamin Netanyahu has adopted a defiant stance following the US decision to halt a shipment of bombs and warned against Israel’s potential invasion of the southern Gaza city of Rafah.

In a bold statement, Netanyahu declared, “If we have to stand alone, we will stand alone,” emphasizing Israel’s resolve to pursue its objectives despite opposition.

The Prime Minister’s comments, delivered via social media and a subsequent interview with American talk show host Dr. Phil, underscore Israel’s determination to address security threats posed by the Gaza Strip, particularly by Hamas militants operating in Rafah.

Netanyahu reiterated the necessity of military action in Rafah to eliminate the remaining Hamas battalions, condemned Hamas’s history of violence and reiterated Israel’s commitment to achieving victory and ensuring the safety of its citizens.

The US administration, led by President Joe Biden, expressed concerns over the potential humanitarian impact of an Israeli invasion of Rafah, prompting the decision to withhold additional offensive weapons shipments to Israel.

Biden’s statement echoed broader international apprehensions about the escalation of violence and civilian casualties in the conflict-stricken region.

However, Netanyahu remained resolute in Israel’s approach, asserting the country’s right to defend itself against security threats. He emphasized Israel’s efforts to minimize civilian casualties and facilitate the evacuation of civilians from Rafah before any military action.

Despite the US’s decision to pause the bomb shipment, Netanyahu affirmed Israel’s commitment to its longstanding alliance with the US. He acknowledged past disagreements between the two nations but expressed optimism about resolving current tensions through dialogue and cooperation.

In response, White House officials reiterated the US’s support for Israel’s security while urging restraint and emphasizing the need to avoid actions that could exacerbate the humanitarian crisis in Gaza.

The administration clarified that the decision to halt the bomb shipment was aimed at preventing potential civilian casualties in Rafah.

The confrontation between Israel and the US underscores the complexity of navigating regional conflicts and balancing strategic interests. As tensions persist, both nations face the challenge of reconciling their respective security imperatives with broader humanitarian concerns, seeking to avert further escalation while addressing the root causes of the conflict in the Middle East.

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EFCC Declares Former Kogi Governor, Yahaya Bello, Wanted Over N80.2 Billion Money Laundering Allegations

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Yahaya Bello

The Economic and Financial Crimes Commission (EFCC) has escalated its pursuit of justice by declaring former Kogi State Governor, Yahaya Bello, wanted over alleged money laundering amounting to N80.2 billion.

In a first-of-its-kind action, the EFCC announced Bello’s wanted status in connection with the alleged embezzlement of funds during his tenure as governor.

The commission, armed with a 19-count criminal charge, accused Bello and his cohorts of conspiring to launder the hefty sum, which was purportedly diverted from state coffers for personal gain.

The declaration of Bello as a wanted fugitive came after a series of failed attempts by the EFCC to effect his arrest.

Despite an ex-parte order from Justice Emeka Nwite of the Federal High Court, Abuja, mandating the EFCC to apprehend and produce Bello in court for arraignment, the former governor managed to evade capture with the reported assistance of his successor, Governor Usman Ododo.

This latest development shows the challenges faced by law enforcement agencies in holding powerful individuals accountable for their actions.

However, it also demonstrates the unwavering commitment of the EFCC to uphold the rule of law and ensure that justice is served, irrespective of the status or influence of the accused.

In response to the EFCC’s declaration, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi, issued a stern warning to Bello, stating that fleeing from the law would not resolve the allegations against him.

Fagbemi urged Bello to honor the EFCC’s invitation and cooperate with the investigation process, saying it is important to uphold the rule of law and respect the authority of law enforcement agencies.

The EFCC’s pursuit of Bello underscores the agency’s mandate to combat corruption and financial crimes, sending a strong message that individuals implicated in corrupt practices will be held accountable for their actions.

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Concerns Mount Over Security as National Identity Card Issuance Shifts to Banks

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NIMC enrolment

Amidst the National Identity Management Commission’s (NIMC) recent announcement that the issuance of the proposed new national identity card will be facilitated through applicants’ respective banks, concerns are escalating regarding the security implications of involving financial institutions in the distribution process.

The federal government, in collaboration with the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank Settlement System (NIBSS), introduced a new identity card with payment functionality, aimed at streamlining access to social and financial services.

However, the decision to utilize banks as distribution channels has sparked apprehension among industry stakeholders.

Mr. Kayode Adegoke, Head of Corporate Communications at NIMC, clarified that applicants would request the card by providing their National Identification Number (NIN) through various channels, including online portals, NIMC offices, or their respective banks.

Adegoke emphasized that the new National ID Card would serve as a single, multipurpose card, encompassing payment functionality, government services, and travel documentation.

Despite NIMC’s assurances, concerns have been raised regarding the necessity and security implications of introducing a new identity card system when an operational one already exists.

Chief Deolu Ogunbanjo, President of the National Association of Telecoms Subscribers, questioned the rationale behind the new General Multipurpose Card (GMPC), citing NIMC’s existing mandate to issue such cards under Act No. 23 of 2007.

Ogunbanjo highlighted the successful implementation of MobileID by NIMC, which has provided identity verification for over 15 million individuals.

He expressed apprehension about integrating the new ID card with existing MobileID systems and raised concerns about data privacy and unauthorized duplication of ID cards.

Moreover, stakeholders are seeking clarification on the responsibilities for card blocking, replacement, and delivery in case of loss or theft, given the involvement of multiple parties, including banks, in the issuance process.

The shift towards utilizing banks for identity card issuance raises fundamental questions about data security, privacy, and the integrity of the identification process.

With financial institutions playing a pivotal role in distributing sensitive government documents, there are valid concerns about potential vulnerabilities and risks associated with this approach.

As the debate surrounding the security implications of the new national identity card continues to intensify, stakeholders are calling for greater transparency, accountability, and collaboration between government agencies and financial institutions to address these concerns effectively.

The paramount importance of safeguarding citizens’ personal information and ensuring the integrity of the identity verification process cannot be overstated, especially in an era of increasing digital interconnectedness and heightened cybersecurity threats.

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