News
North and South Korea agree to restore relations
South and North Korea have restored hotlines that Pyongyang severed a year ago when ties deteriorated sharply
North Korea’s Kim Jong Un and South Korea’s Moon Jae-have agreed in letters to restore relations, improving the prospects for a breakthrough in an extended stalemate in nuclear talks.
The two countries released what appeared to be coordinated statements calling for reconciliation on the peninsula, with state media in Pyongyang stating that they agreed.
“to make a big stride in recovering the mutual trust.”
Both sides reopened hotlines that had been silent since a flare-up a year ago, when Kim’s regime symbolically blew up a liaison office funded by Moon’s government.
Seoul’s defense ministry confirmed that a military hotline was tested on Tuesday and that twice-daily regular communication would resume.
The effort to thaw relations came on the 68th anniversary of the armistice that halted fighting in the 1950-53 Korean War, a conflict that has never formally ended.
Last week, U.S. Deputy Secretary of State Wendy Sherman reaffirmed President Joe Biden’s openness to talks during a visit to Seoul in which she met South Korean officials, including Moon.
Money
Gold prices surge as Central Banks buy big, but risks grow ahead
Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.
Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.
Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.
But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.
Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.
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News
U.S. and Ukraine advance new peace plan amid rising tensions
U.S. and Ukrainian negotiators progress in Geneva on a peace plan amid Russian strikes and geopolitical tensions.
U.S. and Ukrainian negotiators progress in Geneva on a peace plan amid Russian strikes and geopolitical tensions.
U.S. and Ukrainian negotiators have made meaningful progress in Geneva, shaping an updated peace plan despite continued Russian strikes and growing geopolitical pressure. The talks represent one of the most significant diplomatic pushes in months as both nations work to narrow the remaining gaps in the framework.
While the proposal is being hailed as a breakthrough by some, leaders in Kyiv and parts of Europe fear it may tilt in Russia’s favour. Sensitive issues, security guarantees, and the controversial details of a leaked U.S. draft are now fuelling debate on both sides of the Atlantic.
With U.S. senators divided and European leaders deeply involved, the next steps will determine whether this framework becomes a workable path to peace or sparks further tension.
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News
Trump And Xi hold rare call to discuss Taiwan and global tensions
Trump and Xi’s rare call reignites focus on Taiwan, highlighting U.S.-China tensions and strategic priorities.
Trump and Xi’s rare call reignites focus on Taiwan, highlighting U.S.-China tensions and strategic priorities.
A rare high-level call between President Trump and Chinese President Xi Jinping has reignited global attention on Taiwan and broader geopolitical tensions. The conversation marked the first direct exchange in months between the two leaders.
Xi placed Taiwan at the centre of the call, underscoring its significance to China’s national strategy. The Chinese leader reaffirmed Beijing’s long-held position that Taiwan’s path back to the mainland is essential for international stability.
The discussion sets the stage for potential shifts in U.S.–China relations as both countries reassess their strategic priorities.
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