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‘Peace Is Bad For Business’: War Profiteer Stocks Plummet After Diplomatic Progress With North Korea

Last year, investors were drooling over the prospect of all-out war with North Korea, but Tuesday's summit has them worried. American defense contractors were practically drooling over the prospect of all-out war with North Korea as President Donald Trump was recklessly flinging "fire and fury" last year, but Tuesday's summit between Trump and North Korean leader Kim Jong-un appears to have dampened war profiteers' dreams of yet another catastrophic U.S.-led military conflict—at least for now. "If weapons are used they need to be replaced. That makes war a growth story for these stocks. What the agreement does, at least for a while, is take military conflict off the table."

Statement Of Unity On The Upcoming U.S.-North Korea Summit

Since the historic April 27 summit between the leaders of North and South Korea at Panmunjom, longstanding tensions and war threats on the Korean peninsula have given way to the promise of peace and reconciliation. Soon, another historic summit, between the United States and North Korea, will take place in Singapore. The two parties, which not too long ago were on the brink of war, will finally sit down to discuss a peaceful settlement to the Korean War. All eyes of the world will be on this momentous event, which could determine not only the fate of the Korean peninsula and Northeast Asia but also the prospect of global peace. 

North Korea Has Taken Big Steps. Now It’s Trump’s Turn To Show Goodwill

Respect and reciprocity are key elements in Korean culture. During our recent trip to South Korea as part of an international women’s peace delegation, South Korean women complained that Donald Trump’s erratic conduct showed disrespect for the mediating role of their president, Moon Jae-in. They also commented on the lack of US reciprocity for North Korea’s goodwill gesture of returning three imprisoned US citizens and blowing up three of the four tunnels and all the administrative buildings at the Punggye-ri nuclear testing area. Assuming the US-North Korea summit takes place and marks the start of a long negotiation process, President Trump will need to make gestures of goodwill and sincerity along the way.

Clashing Visions Of Denuclearization Pose Risk To U.S.-North Korea Summit

The soaring hopes generated by the recent Inter-Korean Summit are now supplanted by uncertainty, due to North Korea’s suspension of a planned meeting with the South. In the weeks following the summit’s Panmunjom Declaration, North Korea took actions to demonstrate its goodwill and desire for peaceful resolution of differences. The Democratic People’s Republic of Korea (DPRK – the formal name for North Korea) announced that it would dismantle its underground nuclear test site, culminating in explosions to collapse tunnels, the blocking of entries, and removal of above-ground facilities. Substantial progress has already been made on disabling the site. The DPRK could have waited and made this a negotiable issue in talks with the United States. Instead, it offered the step to the United States ahead of the summit as a confidence-building measure.

Show Solidarity With Corea Hunger Strike

Washington, DC - The Corea Peace delegation reports that even though South Korea and North Korea had agreed to stop all hostilities against each other and pledged to lower military tension in the recent Panmunjom Declaration, the South Korea-U.S. joint war exercise, "Max Thunder" began on May 11. This was just a week after the Key Resolve/Foal Eagle war exercise had ended. The Max Thunder war exercise is proceeding in the largest-ever scale, including eight of the latest stealth aircrafts, named the F-22 raptor, which are built by Lockheed Martin.

It Sure Looks Like John Bolton Is Trying To Sabotage The North Korea Talks

The buildup to the planned June 12 summit between Donald Trump and Kim Jong-un has been thrown into uncertainty, with the North Koreans now threatening to cancel. The statement from North Korea came just hours after it nixed a planned high-level meeting Wednesday between North and South Korean officials at the DMZ. North Korean media says the cancellation was due to a massive joint military exercise called Max Thunder being staged by U.S. and South Korean troops. The North Korean regime despises exercises like this, viewing them as threatening provocations or even rehearsals for an invasion. But still, Max Thunder has been planned for months, and while the U.S. and South Korea did delay planned military exercises during the Winter Olympics, there’s been no public discussion of a permanent freeze. This can’t have been a surprise.

Trump Says ‘We’ll See’ On North Korea Summit, To Insist On Denuclearization

North Korea threw the June 12 summit into doubt on Wednesday, saying it might not attend if Washington continues to demand that it unilaterally abandon its nuclear weapons. North Korea also called off high-level talks with South Korea scheduled for Wednesday, blaming U.S.-South Korean military exercises. “We’ll have to see,” Trump told reporters in the Oval Office when asked if the summit was still on. “No decision, we haven’t been notified at all ... We haven’t seen anything, we haven’t heard anything,” he added, while saying that he would continue to push for the denuclearization of the Korean Peninsula. Cancellation of the summit, the first meeting between a serving U.S. president and a North Korean leader...

BAP Calls On The United States To Meet North Korean Efforts To Move Toward A Diplomatic Solution

MAY 16, 2018—The United States has no one to blame but itself for the Democratic People’s Republic of Korea (DPRK) canceling a meeting that was scheduled for Wednesday with the Republic of Korea (RoK) as part of the peace process. Arrogantly stretched to capacity while fighting illegal wars on multiple fronts, the United States has further weakened its already anemic moral position. Meanwhile, the international community has expressed outrage over the latest manifestations of U.S. gangsterism: Pulling out of the Joint Comprehensive Plan of Action (JCPOA) nuclear agreement with Iran and five other nations, attacking Syria the day before a weapons inspection, and its complicity in the Israeli massacre of more than 50 Palestinians on Monday, the day before the 70th anniversary of the Nakba.

North Korea Says It Will Not Become Libya Or Iraq, Stops Peace Process

Prior to the DPRK-U.S. summit, unbridled remarks provoking the other side of dialogue are recklessly made in the U.S. and I am totally disappointed as these constitute extremely unjust behavior. High-ranking officials of the White House and the Department of State including Bolton, White House national security adviser, are letting loose the assertions of so-called Libya mode of nuclear abandonment, “complete, verifiable and irreversible denuclearization,” “total decommissioning of nuclear weapons, missiles and biochemical weapons” etc. while talking about formula of “abandoning nuclear weapons first, compensating afterwards.” This is not an expression of intention to address the issue through dialogue. It is essentially a manifestation of awfully sinister move to impose on our dignified state the destiny of Libya or Iraq which had been collapsed due to yielding the whole of their countries to big powers. The U.S. is miscalculating the magnanimity and broad-minded initiatives of the DPRK as signs of weakness and trying to embellish and advertise as if these are the product of its sanctions and pressure.

Director Of CIA’s Korea Mission Center In Pyongyang With Pompeo

The CIA, as I’ve been saying for weeks, is running the show for Trump’s North Korea peace and denuclearization initiative, and its role is expanding as the date (June 12) for the Kim summit draws ever closer. Last night, just before President Trump met the US “hostages” just released by North Korea at Joint Base Andrews, Yonhap reported that Andrew Kim, the head of the CIA’s Korea Mission Center, had accompanied Secretary of State (and former CIA Director) Mike Pompeo to Pyongyang this week to meet with Kim Jong Un and his chief deputy (and a former spy himself), Kim Yong-chol.

Unification Of Korea Being Led By Beijing, Not Trump

No doubt that it was an emotional moment last Friday, when North Korea’s Kim Jong-un and South Korea’s Moon Jae-in stepped over the boundary line that separates the two Koreas. That Kim invited Moon into North Korea for an unscripted moment was particularly poignant. It was equally important to listen carefully to their speeches, with both sides eager to affirm the unity of the Korean people. It is this fundamental feeling of unity that drove the two sides to finally begin serious steps to end the war in Korea that began in 1950.

The Historic Korean Peace Declaration Was Made Possible By Social Movements, Not Trump

President Donald Trump—who has previously threatened the entire Korean peninsula with nuclear annihilation—now appears to be claiming credit for a historic step towards military de-escalation taken April 27 by North and South Korean heads of state. Following a joint peace declaration by North Korean leader Kim Jong-un and his South Korean counterpart, Moon Jae-in, Trump was met at an April 28 rally in Michigan with chants of “Nobel! Nobel!” He replied to the crowd: “That’s very nice, thank you… I just want to get the job done.” According to peace activist Christine Ahn, the “job” of pushing leaders to move towards formally ending the Korean War was, in fact, accomplished by dogged Korean anti-war activists who helped oust former South Korean President Park Geun-hye in 2017 and gave Moon Jae-in a mandate for peace.

A Most Hopeful Korean Summit With Little Chance Of Final Success

Leaders of North and South Korea signed a treaty of reconciliation and nonaggression this morning, renouncing armed force against each other and saying that they would formally bring the Korean War to an end...Officials on both sides described the accord as the first step toward what they term the inevitable reunification of the Korean peninsula, but they conceded that it failed to deal with some of the most potentially dangerous issues dividing North and South, including Pyongyang's race to develop an arsenal of nuclear weapons.

Olive Branch For North Korea, Bombs For Iran?

The Iran nuclear deal is on the verge of sinking on May 12, when Donald Trump will decide whether or not to waive the nuclear-related sanctions, as the deal calls for. While the world is cheering the upcoming meeting between Trump and North Korean leader Kim Jung Un (including Trump’s fans calling for a Nobel Peace Prize), Trump is needlessly and recklessly driving our nation down a path toward war with Iran—and neither Congress nor the American people seem to care.

Koreas Reach Agreement On Peace, Prosperity and Unity

The document from the North-South Korean Summit refers to the "Korean nation" when discussing the two Koreas. They describe their existence as "resulted from the division of the nation." They see themselves as one nation divided by outside forces and repeatedly describe efforts to seek unity. The agreement also makes it clear they will decide the future of the Korean Peninsula, e.g. they state "South and North Korea affirmed the principle of determining the destiny of the Korean nation on their own accord . . ."  Is that a diplomatic message to the superpowers on their borders, China and Russia as well as the United States that it will be Koreans who determine their own future. Korea has been a pawn in the conflicts between superpowers for much of its history since WW II. When it comes to the military conflict they agree to "cease all the hostile acts against each other in every domain including land, air, and sea, that are the sources of military tension and conflict."

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Due to the attacks on our fiscal sponsor, we were unable to raise funds online for nearly two years.  As the bills pile up, your help is needed now to cover the monthly costs of operating Popular Resistance.

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