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Sudan’s protesters hope cheerful staying-power will oust army

Sudanese protesters march outside the defence ministry compound in Khartoum
Sudanese protesters march outside the defence ministry compound in Khartoum, Sudan, April 24, 2019. REUTERS/Umit Bektas

April 24, 2019

By Michael Georgy and Khalid Abdelaziz

KHARTOUM (Reuters) – They come from all walks of life, of all ages and many political persuasions. But the thousands of protesters sitting outside the Sudanese Defense Ministry in Khartoum all share one thing: the cheerful conviction that, if they can just stay there long enough, democracy will come about.

Already, their sit-in has prompted the military to topple Omar Hassan al-Bashir, autocratic president of 30 years. Now they believe their good-natured rainbow of resistance can push those same generals to hand over power swiftly to civilians.

A woman in a black full-face Islamic veil discusses the merits of democracy as a man smoking a marijuana joint listens rather vaguely. A vendor sells corn at a discount, making a fortune. One couple mount a podium to take their marriage vows.

“We are lions!” intones a rapper, his audience swaying to the beat.

Unfocused and eclectic it may be, but it only took the crowd – whose numbers swell in the cool of the evening into the hundreds of thousands – five days to bring down Bashir, who was detained by the army on April 11 to the delight of millions.

Now those protesters, spread over about 2 sq km (0.8 square miles) of central Khartoum, want the generals’ Transitional Military Council to bring forward the elections that it promises to hold within two years.

Opposition groups and the military may have been trading threats over the transition, but that has not dampened the cheerful determination of the protesters.

Women outnumber men in the throng, which is a mix of teenagers and older people, conservatives and liberals, doctors, lawyers and artisans.

Designers apply their skills to making banners and placards.

“The motifs are to send a message to the people to support democracy,” said Khalid Ehab, 24, who specializes in banners of fierce-looking people carrying flags.

One young boy sits on a man’s shoulders and sings a song condemning Islamists, who were Bashir’s main support base. Teenagers bang stones against a bridge in solidarity with calls for democracy, and fling water down at passers-by.

STREET FOOD AND FREE SPEECH

Others are more earnest, holding posters of civilians and army officers who were allegedly tortured and killed in Bashir’s prisons.

Osay Awad, 22, used to sell a cob of corn from his battered wooden stall for 15 Sudanese pounds, but out of enthusiasm for the revolution slashed the price to 10.

Business is booming; he sells 500 a day, compared to 170 before the sit-in began, and he hasn’t left the spot since the day after Bashir was toppled.

Like many others, he sleeps on the dusty pavement. Asked what type of leader he would like to see run his country, he says: “I have no candidate. I’m just here to sell corn and support people.”

All the protesters want the old-guard generals out, but many are keen to get the support of young officers; a traditional army song competes with the sound of an opposition figure trying to fire up crowds with promises of a brighter future.

The protesters do want to assert some control. Teenagers frisk anyone entering the area to make sure weapons stay out.

The military leaders have offered some concessions, sacking some officials and announcing the arrest of others, including two of Bashir’s brothers.

But they insist that, while they are willing to accept a civilian transitional government, ultimate authority will remain in their hands until elections are held.

Wejd Mohammed, a medical student covered from head to toe in a niqab, says that “democracy will bring economic prosperity” – getting more attention from her two younger sisters with Sudanese flags painted on their faces than from a man nearby dragging on a joint.

In a scene that would have been unthinkable under Bashir, a member of a rebel group that fought his forces in the desert province of Darfur stands on a makeshift podium and speaks his mind.

“The previous regime took all of our money and made us poor,” he says. “Sudan needs to be one nation.”

(Reporting by Michael Georgy; Editing by Kevin Liffey)

Source: OANN

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Swedbank’s Estonian offices searched: Estonian financial watchdog

FILE PHOTO: Swedbank sign is seen on the building of the bank's Lithuanian headquarters in Vilnius
FILE PHOTO: Swedbank sign is seen on the building of the bank's Lithuanian headquarters in Vilnius, Lithuania March 30, 2019. REUTERS/Ints Kalnins/File Photo

April 2, 2019

STOCKHOLM (Reuters) – Swedbank’s Estonian offices have been searched this week as part of the joint investigation by the Baltic and Swedish financial watchdogs, Estonian authorities said on Tuesday.

“We have started on site inspections this week. This is part of the investigation initiated by Sweden,” Estonian Financial Supervision and Resolution Authority spokeswoman Livia Vosman said.

Swedbank is embroiled in a fast-growing money laundering scandal involving Danske Bank, which revealed last year that its Estonian branch was used to move 230 billion euros ($258 billion) of suspicious payments between 2007 and 2015.

(Reporting by Tarmo Virki; Editing by Simon Johnson)

Source: OANN

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Red Cross says Mozambique's Beira port hard hit by cyclone

The Red Cross says that as much as 90 percent of Mozambique's central port city of Beira has been damaged or destroyed by tropical Cyclone Idai.

Officials with the International Federation of Red Cross and Red Crescent Societies said Monday that Beira has been severely battered by the cyclone which cut off electricity and road access to the city of 500,000. The city's airport has been closed by the storm.

Cyclone Idai first hit Beira last week and then moved inland spreading heavy winds and rainfall to Zimbabwe and Malawi. Red Cross and government officials estimate that more than 150 people have been killed by the storm, hundreds more are missing and more than 1.5 million people have been affected by the widespread destruction and flooding.

Source: Fox News World

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Polish leader: LGBT rights an import that threatens nation

The chairman of Poland's conservative ruling party, Jaroslaw Kaczynski, has called the LGBT rights movement a foreign import that threatens the Polish nation.

Kaczynski, Poland's most important politician, also said "everyone must accept Christianity" and that questioning the powerful Roman Catholic in Poland is unpatriotic.

The positions that Kaczynski took Wednesday in a lecture on patriotism in the central city of Wroclawek come ahead of elections next month to the European Parliament and a general election in Poland in the fall.

His Law and Justice party has made opposition to LGBT rights a campaign issue, which Kaczynski called "a direct attack on family and children."

Calling the LGBT rights movement "imported," he said it "actually threatens our identity, our nation, its continuation and therefore the Polish state."

Source: Fox News World

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Police: Man fleeing police left child to die in burning car

Authorities in South Carolina say a man fleeing a traffic stop left his daughter to die in a burning car.

News outlets report 26-year-old Imhotep Osiris Norman was charged with homicide by child abuse. The South Carolina State Highway Patrol says troopers tried to stop him for speeding on Friday.

Capt. Kelley Hughes says the pursuing troopers noticed Norman's car was smoking and sparking. Authorities say a bag was thrown from the moving car; they say it later tested positive for illegal drugs.

The car then burst into flames and Norman fled on foot when it rolled to a stop. Investigators then found the body 1-year-old Xena Rah'Lah Norman in the car's back seat.

Norman was later arrested. He says he didn't know the car was on fire.

Source: Fox News National

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Report: New Spokesman for Pentagon Chief Selected

A Homeland Security official has been tapped as the new Pentagon communications director — a spot that has been empty for more than 300 days, Defense News reported Monday.

Acting Defense Secretary Patrick Shanahan has selected Jonathan Rath Hoffman, currently at the Department of Homeland Security, as the Pentagon's new assistant to the secretary of defense for public affairs, the news outlet reported. 

He will succeed Dana White, who left shortly after Defense Secretary James Mattis stepped down at the end of last year, and will serve as a top communications director and adviser for Shanahan. The Pentagon has not held a formal press briefing since White left, Defense News reported.

According to Defense News, which cited an unnamed senior defense officials, Hoffman's hiring had nothing to do with the recent shakeup at DHS that saw Secretary Kirstjen Nielsen and other top officials removed.

The source also denied the selection had anything to do with Shanahan’s expectation that the Defense Department's role along the border is set to expand.

Source: NewsMax America

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Samsung Electronics quarter one earnings under pressure as chip prices fall

FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul
FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea January 7, 2019. REUTERS/Kim Hong-Ji

April 3, 2019

By Ju-min Park

SEOUL (Reuters) – The odds are stacked against Samsung Electronics Co Ltd ahead of the release of its first-quarter earnings guidance on Friday, with memory chip prices falling and its pricey premium smartphones struggling to be profitable.

The South Korean tech giant took the exceptional step last week of issuing a pre-guidance warning that the quarter would likely miss market expectations due to falls in chip prices and slowing demand for display panels.

Samsung Electronics was forecast to post a 6.9 trillion won ($6.1 billion) operating profit for the January-March period, according to Refinitiv SmartEstimate, more than 50 percent below the 15.6 trillion won recorded in the same period a year ago.

“After Samsung’s rare statement about missing market expectations, I am waiting if there’s an earnings shock for the first quarter and expecting difficult times for Samsung to continue into the second quarter until the fall in chip prices slows,” said Kwon Sung-ryul, an analyst at DB Financial Investment.

Chipmakers in particular have been hit hard by a glut in the global semiconductor industry triggered by weakening smartphone sales and falling investment from data center companies.

On top of this, China’s slowing economic growth, the Sino-U.S. trade war and Brexit are combining to drag down profits for makers of consumer electronics around the world.

Shares in Samsung Electronics – the world’s biggest maker of memory chips, smartphones and display panels – have lost 6 percent in the past 12 months, while its South Korean chipmaking rival, SK Hynix Inc, has fallen 6 percent in the same period.

Although Samsung’s DRAM chip business remains its earnings engine-room with strong margins, its NAND flash memory chips are forecast to post losses as prices slump, analysts say.

NAND flash chip prices dropped 20 percent in the first quarter, their steepest fall since early 2018, and continued to slide albeit at a slower pace in the second quarter, according to DRAMeXchange, a division of tech research firm TrendForce.

Samsung is due to publish its detailed earnings later this month.

NEW SMARTPHONE BOUNCE?

Profits in Samsung’s another key component business, display panels, have been hit by falling sales to large customers like Apple Inc, whose troubles in China have rippled through its global supply chain.

Apple reported a revenue drop of 26 percent in the greater China region during the quarter ending in December, as it weathers a contracting smartphone market, increasing pressure from Chinese rivals, and slowing upgrade cycles.

With its Chinese market share in the doldrums, Samsung unveiled a new line-up of smartphones earlier this year including a foldable phone, hoping to persuade consumers to upgrade from devices which already meet most of their needs.

It has said its new Galaxy flagship smartphones are selling well in China and it is confident it can reverse the recent slump in its fortunes in the world’s biggest smartphone market.

But its latest flagship phone is expensive to make, weighing on profitability even as its sells faster than its predecessor, analysts say.

“Sales are not bad, but its Galaxy smartphone’s profit structure isn’t better because of high costs,” Kwon of DB Financial Investment said.

The Galaxy is also facing stiffer competition with the unveiling in Paris last week of Chinese rival Huawei’s new flagship phone, the P30 Pro.

(Reporting by Ju-min Park; Editing by Stephen Coates)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen
FILE PHOTO: Ethiopian migrants, stranded in war-torn Yemen, sit on the ground of a detention site pending repatriation to their home country, in Aden, Yemen April 24, 2019. REUTERS/Fawaz Salman/File Photo

April 26, 2019

GENEVA (Reuters) – Yemeni authorities have rounded up about 3,000 irregular migrants, predominantly Ethiopians, in the south of the country, “creating an acute humanitarian situation,” the U.N. migration agency said on Friday.

“IOM is deeply concerned about the conditions in which the migrants are being held and is engaging with the authorities to ensure access to the detained migrants,” the International Organization for Migration said.

The migrants are held in open-air football stadiums and in a military camp, it said in a statement.

The detentions began on Sunday in the city of Aden and the neighboring province of Lahj, which are under the control of the internationally recognized government backed by Saudi Arabia and the United Arab Emirates. Iran-aligned Houthi rebels control Sanaa, the capital, and other major urban centers.

Both sides are under international diplomatic pressure to implement a United Nations-sponsored ceasefire deal agreed last year in Sweden and to prepare for a wider political dialogue that would end the four-year-old war.

Thousands of migrants arrive in Yemen every year, mostly from the Horn of Africa, driven by drought and unemployment at home and lured by the wages available in the Gulf.

(Writing by Maher Chmaytelli, Editing by William Maclean)

Source: OANN

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U.S. dollar notes are seen in this picture illustration
U.S. dollar notes are seen in this November 7, 2016 picture illustration. Picture taken November 7. REUTERS/Dado Ruvic/Illustration

April 26, 2019

(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

1/DOLLAR JUGGERNAUT

The dollar has zipped to near two-year highs, leaving many scratching their heads. To many, it’s down to signs the U.S. economy is chugging ahead while the rest of the world loses steam. After all, Wall Street is busily scaling new peaks day after day.

Never mind the cause, the effect is stark. The euro has tumbled to 22-month lows against the dollar and investors are preparing for more, buying options to shield against further downside. Emerging-market currencies are also in pain, with Turkish lira and Argentine peso both sharply weaker.

Now U.S. data need to keep surprising on the upside or even just meet expectations. The International Monetary Fund sees U.S. growth at 2.3 percent this year. For Germany, the forecast is 0.8 percent. The U.S. economy’s rude health has given rise to speculation the Fed might resume raising interest rates. Unlikely. But as other countries — Canada, Sweden and Australia are the latest — hint at more policy easing, there seems to be one way the dollar can go. Up.

(GRAPHIC: Dollar outperforms G10 FX – https://tmsnrt.rs/2Dz17S5)

2/FED: UP OR DOWN?

Wall Street is near record highs and recession worries are receding, so as we mentioned above, investors might wonder if the Federal Reserve will start raising rates again.

Such a pivot is unlikely after the Fed killed off rate-rise expectations at its March meeting. And the latest Reuters poll all but puts to bed any risk of rates will go up this economic cycle, given inflation remains below the Fed’s alarm threshold and unemployment is the lowest in generations.

Before the March rate-pause announcement, a preponderance of economists penciled in one or more increases this year. But that has flipped. A majority of those surveyed April 22-24 see no further tightening through December and more are leaning toward a cut by the end of next year.

Indeed, interest rate futures imply Fed Funds will be below the current 2.25-2.50 percent target range by this December.

Recent positive consumer spending and exports data have eased market concerns of a sharp economic slowdown. But inflation probably needs to run hot for a long period to panic policymakers off their wait-and-see course.     

(GRAPHIC: Federal funds and the economy – https://tmsnrt.rs/2DzjTZz)

3/HEISEI TO REIWA

Next week ends three decades of Japan’s Heisei era. Heisei, or Achieving Peace, began in 1989 near the peak of a massive stock market bubble and closes with the country trapped in low growth, no inflation, and negative interest rates.

The new era that dawns on May 1 is called Reiwa, meaning Beautiful Harmony. It begins when Crown Prince Naruhito ascends the Chrysanthemum Throne. But do investors really want harmony? What they want to see is a bit of economic growth and inflation to shake up the status quo.

The Bank of Japan’s stimulus toolkit to revive a long-suffering economy is anything but harmonious and yet it’s set to stay. The central bank confirmed recently rates will stay near zero for a long time. But the coming days may not be harmonious or peaceful for currency markets. A 10-day Golden Week holiday kicks off on April 29 and investors are fretting over the risk of a “flash crash” – a violent currency spasm that can occur in times of thin trading turnover.

The year has already seen two yen spikes and many, including Japan’s housewife-trader brigade – so-called Mrs Watanabes – appear to have bought yen as the holiday approaches. Their short dollar/long yen positions recently reached record highs, stock exchange data showed.

(GRAPHIC: Japan stocks: from Hensei to Reiwa – https://tmsnrt.rs/2W6a7Fe)

4/EARNING TURNING

Quarterly earnings were supposed to be the worst in Europe in almost three years, but with a third of results in, things are looking a little rosier.

Two-thirds of companies’ results have beat expectations, and they point to earnings growth of 4.5 percent year-on-year. Financials have delivered the biggest surprises, according to analysis by Barclays.

That might just show how low expectations were. In fact, analysts are still taking a red pen to their estimates.

The latest I/B/E/S data from Refinitiv shows analysts on average expect first-quarter earnings-per-share for STOXX 600-listed companies to fall 4.2 percent. That would be their worst quarter since 2016 and down sharply from an estimated 3.4 percent just a week earlier.

Those estimates may end up being a little too bearish as earnings season goes on, quelling worries that Europe is heading toward a corporate recession.

GSK and Reckitt Benckiser will give the market a glimpse of the health of the consumer products market and spending on everything from toothpaste, washing powder and paracetamol.

(GRAPHIC: Earnings forecasts – https://tmsnrt.rs/2DuO2ZF)

5/WAITING FOR THE OLD LADY

Sterling has gone into the doldrums amid the Brexit delay and unproductive talks between the UK government and the opposition Labour party on a EU withdrawal deal. The resurgent dollar, meanwhile, has taken 2 percent off the pound in April. It is unlikely the Bank of England will be able to rouse it at its May 2 meeting.

Despite robust retail and jobs data of late, the economic picture is gloomy – 2019 growth is likely to be around 1.2 percent, the weakest since 2009, investment is down and Governor Mark Carney says business uncertainty is “through the roof”.

Indeed, expectations for an interest rate increase have been whittled down; Reuters polls forecast rates will not move until early 2020, a calendar quarter later than was forecast a month ago. The hunt for a new governor to replace Carney in October adds more uncertainty to the mix.

The recent run of UK data has fueled hopes of economic rebound. That’s put net hedge fund positions in the pound into positive territory for the first time in nearly a year. The Old Lady of Threadneedle Street might temper some of that optimism.

(GRAPHIC: Sterling positions – https://tmsnrt.rs/2XJwUXX)

(Reporting by Alden Bentley in New York, Vidya Ranganathan in Singapore; Karin Strohecker, Josephine Mason and Saikat Chatterjee in London; compiled by Sujata Rao; edited by Larry King)

Source: OANN

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U.S. President Trump departs for travel to Indianapolis from the White House in Washington
U.S. President Donald Trump talks to reporters as he departs for travel to Indianapolis, Indiana from the White House in Washington, U.S., April 26, 2019. REUTERS/Jonathan Ernst

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday said trade talks with China are going very well, as the world’s two largest economies seek to end talks with a trade agreement to defuse tensions.

Trump said on Thursday he would soon host China’s President Xi Jinping at the White House.

Earlier this week, the White House said that Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer would travel to Beijing for more talks on a trade dispute marked by tit-for-tat tariffs between the two countries.

(Reporting by Jeff Mason; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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U.S. President Donald Trump hosts Take Our Daughters and Sons to Work Day at the White House in Washington
U.S. President Donald Trump gives a thumbs up to his audience as he hosts Take Our Daughters and Sons to Work Day at the White House in Washington, U.S., April 25, 2019. REUTERS/Kevin Lamarque

April 26, 2019

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday praised Russian President Vladimir Putin’s comments on North Korea this week following the Russian leader’s summit with Pyongyang’s Kim Jong Un.

Speaking to reporters at the White House, Trump also said China was helping with efforts aimed at the denuclearization of North Korea.

(Reporting by Jeff Mason and Makini Brice; Writing by Susan Heavey; Editing by Chizu Nomiyama)

Source: OANN

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