After a year full of escalatory rhetoric, nuclear tests, and threats of war, the recent de-escalation of the North Korean crisis has come as a welcome respite. In April 2018, during the meeting between the leaders of North and South Korea, North Korean leader Kim Jong-un symbolically entered South Korean territory, becoming the first North Korean leader to do so. In June, US President Donald Trump and North Korean leader Kim Jong-un met in Singapore, marking the first time a US President has met with a North Korea leader in the history of the Hermit Kingdom.
The trade war between the US and China is likely to lead to a decrease in the West Texas Intermediate (WTI) prices, the UK-based Capital Economics consulting company said in its report .
The European Union began screening the readiness of Balkan neighbors Macedonia and Albania to start negotiations by June next year on joining the EU.