Amid President Trump's visit, Abe's calls for more sanction and general militarization, the Japanese came back from their long weekend and decided it was time to panic-sell JPY in favor of the dollar the open. The yen slumped as much as 0.6% moments ago to an 8-month low against the dollar...
With President Donald Trump arriving in Japan today to kick off a 10-day Asia tour, the Washington Post is reporting that the only way to locate and secure all of North Korea’s nuclear weapons sites “with complete certainty” would be a ground invasion, and in the event of conflict, Pyongyang could use biological and chemical weapons, the Pentagon told lawmakers in a newly released assessment of what war on the Korean Peninsula might look like.
Ahead of Trump's visit to Asia, there were understandable concerns that a diplomatic snafu was imminent. Those concerns were partially justified following a report from Japan Times, according to which Trump said Japan should have shot down the North Korean missiles that flew over the country before landing in the Pacific Ocean earlier this year.
Update (3:15 pm ET): While the official casualty count has not been released, preliminary estimates that there were between 20 and 30 fatalities would make today's shooting the deadliest at a US house of worship in modern American history. In addition, some two dozen people were injured.
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Update: A Commerce spokesman told Fox News that Ross was not involved with Navigator’s decision to engage in business with Sibur, a publicly traded company, which was not under sanction at the time and is not currently. The spokesman also said Ross, the Trump administration’s point man on trade and manufacturing policy, “never met” Shamalov, and generally has supported the Trump administration’s sanctions against Russia, while recusing himself from matters focused on transoceanic shipping vessels.