Trump, Moon signal openness for talks with North Korea

This combo shows a file photo, left, taken on Nov. 30 of US President Donald Trump smiling during the 95th annual National Christmas Tree Lighting ceremony in Washington, DC; and a file picture, right, of North Korean leader Kim Jong-Un delivering a New Year's speech at an undisclosed location. (AFP)
Updated 11 January 2018
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Trump, Moon signal openness for talks with North Korea

WASHINGTON: President Donald Trump is open to the US holding talks with North Korea “under the right circumstances,” the White House said Wednesday after South Korean President Moon Jae-In signalled a willingness to sit down with Kim Jong-Un.
Signs of a potential cooling following months of red-hot tensions on the Korean peninsula came the day after Pyongyang reached a landmark agreement to send athletes to the Winter Olympics in the South, a move the international community broadly welcomed.
In a phone call with Moon, Trump expressed his openness to talks with Pyongyang “at the appropriate time, under the right circumstances,” the White House said.
The two leaders also “underscored the importance of continuing the maximum pressure campaign against North Korea,” White House Press Secretary Sarah Sanders added in a statement confirming a South Korea account of the call.
The Olympics in Pyeongchang next month have long been overshadowed by geopolitical tensions, with the North repeatedly test-firing missiles it says are capable of reaching the US mainland, and detonating its most powerful nuclear device to date.
But Pyongyang — which boycotted the 1988 Summer Olympics in Seoul — agreed Tuesday to send athletes and officials to the Games as the North and South held their first formal talks in two years at Panmunjom in the Demilitarized Zone.
“It is only the beginning,” Moon told a press conference. “Yesterday was the first step and I think we had a good start.”
“Bringing North Korea to talks for denuclearization is the next step we must take.”
He was willing to hold a summit “at any time,” he said, “but it cannot be a meeting for meeting’s sake. To hold a summit, the right conditions must be created and certain outcomes must be guaranteed.”
Moon has long supported engagement with the North to bring it to the negotiating table over banned weapons programs that have alarmed the US and the global community, and seen Pyongyang subjected to multiple sets of UN sanctions.
But the US has said the regime must stop nuclear tests if negotiations with Washington are to take place.
“We have no difference in opinion with the US,” Moon insisted, saying they shared an understanding about security and were working together.
But he stressed the aim was to bring Pyongyang to talks, and “stronger sanctions and pressures could further heighten tensions and lead to accidental armed conflicts.”
Seoul had no plans to ease its unilateral sanctions at present, Moon said.
Trump, who has a much closer relationship with Japanese Prime Minister Shinzo Abe than with Moon, has claimed credit for the North-South talks.
“If I weren’t involved, they wouldn’t be talking about the Olympics right now, they’d be doing no talking,” Trump said at the weekend.
Moon acknowledged his efforts Wednesday.
“I think President Trump’s role in the realization of inter-Korean talks was very big,” he said. “I would like to express my gratitude.”
The US has warned the North’s attendance at the Games should not undermine international efforts to isolate the Kim regime.
China — the North’s major diplomatic backer and trade partner — and Russia, which also has strong ties with Pyongyang, both welcomed the inter-Korean talks.
And Japan’s top government spokesman Yoshihide Suga said that while Tokyo “highly valued” Pyongyang’s decision to participate in the Olympics, there would be “no change in our policy of exerting the maximum level of pressure on North Korea until they change their policy.”
International Olympic Committee president Thomas Bach held talks with North Korea’s IOC member Chang Ung on Wednesday on the practicalities of Pyongyang’s participation in the Games, including the question of whether the North Korean athletes would be housed in the Olympic village.
“It’s an issue up for debate, but their presence in the Olympic village is not certain,” a source close to the talks told AFP.
Officials from North and South Korea will meet at the IOC’s headquarters Jan. 20 to hammer out details of Pyongyang’s participation, the IOC said.
South Korean Prime Minister Lee Nak-Yon said Wednesday the North was expected to send “a massive delegation of between 400-500 people” to Pyeongchang.
The UN Security Council welcomed Tuesday’s inter-Korean talks, said its current president Kairat Umarov, the ambassador from Kazakhstan.
“Members of the Council noted that an initial dialogue between the two Korean states can open possibilities for confidence and trust building on the Korean peninsula to reduce tensions and drive toward denuclearization,” Umarov said after talks among the 15 council members on Korea affairs.


Filipinos worry about future as Manila posts worst economic growth in 15 years

Updated 4 sec ago
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Filipinos worry about future as Manila posts worst economic growth in 15 years

  • Philippine economy slowed to weakest pace last quarter, with only 3.0 percent growth
  • Filipinos struggle with high prices, increased business cost, reduced savings 

MANILA: Over ten years ago, when Fatima Macud brought home roughly 30,000 pesos ($509) a month, the money was enough to cover her expenses and still leave room for savings.

Though she now earns 45,000 pesos, Macud finds herself unable to save any money as she struggles with rising prices to cover daily spending. 

“Yes, I got a salary increase, but the thing is, the cost of living here in the city also increased,” the 52-year-old resident of Metro Manila told Arab News on Saturday.

“Now for me, it barely covers my basic needs because the price of commodities just keeps rising — goods, services, everything … Everything feels way too expensive … Now, I can’t save money at all. It’s not enough.” 

The Philippine economy has slowed to the weakest pace in nearly 15 years outside of the pandemic, with data from the Philippines Statistics Authority showing just 3.0 percent growth in October to December, compared with 5.3 percent from the same period a year earlier. 

The full-year growth in 2025 settled at 4.4 percent, below the 5.7 percent posted in 2024 and lower than the government’s revised target of at least 4.8 percent. 

It was the result of “several converging factors,” Economic Planning Secretary Arsenio Balisacan told reporters earlier this week. 

“These include the adverse economic effects of weather and climate-related disruptions. Admittedly, the flood control corruption scandal also weighed on business and consumer confidence,” he said. 

But on the ground, Filipinos were more concerned about their day-to-day lives, and the state of the economy has begun to spark new worries about the future. 

“I am worried about my future,  especially my retirement. If the government is in a bankruptcy state or ends up in financial trouble, will they be able to pay my pension? Can I still avail the free health services with full benefits?” Macud said. 

“I’m also worried about my family’s future; the rising cost of living and the lack of employment opportunities.”

Olga Resureccion, a 52-year-old worker in Manila, is among those who believes the government has been “trying its best,” and is keeping her hopes alive. 

“You can’t lose hope,” she said. “Most people are still able to provide for themselves and their family. Like (me), I’m able to provide. You just really need to work hard.” 

Yet for entrepreneurs such as John Paul Maunes, the economic slowdown was taking a toll on his small restaurant in Cebu City, as he struggled with increasing prices of supplies, taxes and cost of government permits. 

“I think people from the ground, especially business owners, are really struggling right now. Particularly those who are SMEs (small and medium enterprises),” Maunes said. 

“We cannot increase our prices the way we want it because we’ll lose our customers. And at the same time, we are also struggling on how we can cope with the rising prices of commodities. Plus, the government permits and taxes are increasing every year.” 

Over the years, the 41-year-old has had to lay off employees to survive, while hoping for more government support and opportunities through economic growth. 

“We have this fear of impending doom as small business owners … With the increasing prices and economic impact on us on the ground, it’s a huge challenge,” he said.

 “We’re just hoping that better things will come for our government, for our economy.”