Some conditions for peace, then we can expect that at some point we can realize we can achieve denuclearization. I think on this particular subject we can come back later. After that, we have dr. Paik. Thank you, chair. Id like to talk about the denuclearization process, which is critical to the peace building process on the Korean Peninsula. We had previously two Nuclear Crisis in Korean Peninsula. The first one was in 1992, and we had between the United States and dprk after that. And by the framework the north Korean Nuclear program had frozen for several years. But second Nuclear Crisis had come because of the uranium enrichment facilitys closure. And at the time there was party talks but this kind of effort ended significant progress towards the denuclearization. After 15 years, in 2017, dprk conducted its last nuclear test, confirming its Nuclear Capability. And International Community once again chose to sit at the negotiation table with the dprk, and we realized that the Curren
Office. President meeting meeting with y of state Rex Tillerson and after announcing plans to put north korea on the terror list. What that means and why the white house says this is critical move. David getting back to stocks climbing today. They were driven by shares of cisco, verizon and home depot. Nicole petallides on the floor of the new york stock exchange. I want to start with Janet Yellens resignation. Happened 2 00 p. M. Eastern time. No movement in the market there was a time anything that the fed said, particularly janet yellen said over the past seven years would move the market. Seems like that power is gone completely. Very interesting that you say that. I guess the expectation she would be stepping down shortly as fed chair. We know we have a new fed chair powell in line to take over that was a little bit of unexpected news but truth of the matter is, youre absolutely right, weve been higher throughout the day. The dow finishing up 72 points. Not really reacting to fed
Walter becker, who co founded the us band steely dan, has died aged 67. In the groups heyday in the 1970s it scored hits with reelin in the years, do it again, and deacon blues. And in sport, britains Lewis Hamilton celebrates after winning this afternoons italian grand prix in monza. Good afternoon and welcome to bbc news. President trump has said north korea is hostile and dangerous to the United States after their latest nuclear test and is to hold an urgent meeting with his National Security team. When asked if he would attack the rogue state he replied, well see. Pyongyang claimed it had tested a Hydrogen Bomb many times more powerful than those used in previous tests and hailed it as a perfect success hours after seismologists had detected an earth tremour. The test took place at a site in the north east of the country. Analysts say the claims should be treated with caution, but that north Koreas Nuclear capability is clearly advancing. From seoul, in south korea, Yogita Limaye s
Financial intelligence of the department of the treasury where he focused on illicit finance. And so we welcome both our witnesses to the committee. Without objection, the witnesses for prepared statements are going to be made a part of the record and all members here will have five calendar days to submit any statements or additional questions or any extraneous material for the record. With that, i would suggest and would begin with you if you could summarize your remarks and then we will go to questions. Thank you very much, mr. Chairman. Ranking member angle, members of the committee, thank you for the opportunity to appear before you today to discuss the ever increasing challenge that north korea poses. The threat posed by the Ballistic Missile and Nuclear Program is grave. Six Nuclear Tests on september 3 is an unacceptable provocation that ignores repeated calls from the International Community for a change in their behavior. It followed the august 28 Ballistic Missile launch tha
Balance sheet is apparently nothing. I imagine janet yellen is doing cartwheels behind the scenes at how well the market has taken the Balance Sheet reduction. They say this will be very boring. It is all preannounced. It was all very transparent. There was no surprise in the announcement yesterday. I think we will be watching quantitative tightening in slow motion. I think she is trying to do as little as possible. She introduced tightening in monetary policy, and she was trying to do as little as possible with the dots to keep them as unchanged as they could be in the next 12 months so beyond that they can make the policy changes. The crisis is over. We still have policy levers largely at their emergency settings. Lets return on a methodical basis the policy levers to normal so we have the ability to control our economies. Jonathan joining me around the table today is greg peters, pgim, priya misra at td securities, and Colin Robertson of Northern Trust. Great to have you with me. Le