The Italian President rejected the nomination for the appointment of Paolo Savona as Minister of Economy. Savona was nominated by the far-right League and anti-establishment 5-Star Movement (M5S) government coalition. President Sergio Mattarella refused to approve the nomination of Savona because of the latter’s Eurosceptic views and statements. Political and economic analysts expressed fears over Italexit.
Trump called off the greatly expected Trump-Kim summit by an official letter sent to the North Korean leader. It would be the first-ever meeting between US and N. Korea at the level of Heads of State.
Did Trade Talks hit a deadlock? U.S. President twitted that U.S.-China trade talks are “moving along nicely”, but any deal would need “a different structure”. This tweet, with no further explanations, cast a shadow over ongoing negotiations with China.
During US – S. Korea meeting Trump expressed his concerns over the scheduled meeting with North Korean leader Kim Jong Un. If this summit finally takes place, it will be the first ever between US and N. Korea. The President of S. Korea visited Washington to act as an intermediary for the successful execution of the Singapore summit.
North Korea initiated the nuclear shutdown. However, the denuclearization procedure itself raises questions. Pyongyang invited journalists to witness the dismantling of its nuclear test site. Technical experts were not invited. Moreover, a lot of journalists who received invitation decided that they will not attend.