World
North Korea’s Kim accuses US of stoking tension, warns of nuclear war
North Korean leader Kim Jong Un has accused the United States of ramping up tension and provocations, saying the Korean peninsula has never faced a greater risk of nuclear war, state media KCNA said on Friday.
The comments came amid international criticism over increasingly close military co-operation between Pyongyang and Moscow, and assertions that North Korea sent more than 10,000 troops to Russia to support its invasion of Ukraine, Reuters reported.
Previous negotiations with Washington have only highlighted its “aggressive and hostile” policy toward North Korea, Kim said in a speech at a military exhibition in Pyongyang, the capital, the KCNA news agency said.
“Never before have the warring parties on the Korean peninsula faced such a dangerous and acute confrontation that it could escalate into the most destructive thermonuclear war,” he said on Thursday.
“We have already gone as far as we can on negotiating with the United States,” he said, adding that the talks had only shown its aggressive and hostile policy toward North Korea could never change.
North Korean state media have not yet publicly mentioned the re-election of Donald Trump, who held three unprecedented meetings with Kim during his first term, in Singapore, Hanoi, and at the Korean border, in 2018 and 2019.
But their diplomacy yielded no concrete outcome due to the gap between U.S. calls for North Korea to abandon its nuclear weapons and Kim’s demands for sanctions relief.
Trump has long touted his ties with Kim, saying last month the two countries would have had “a nuclear war with millions of people killed”, but he had stopped it, thanks to his ties with the North’s leader.
Hong Min, a research fellow at the Korea Institute for National Unification in Seoul, said Kim could be trying to underscore the North’s nuclear capabilities ahead of Trump’s second term, while leaving the door open for diplomacy.
“He might be suggesting Trump should show his ‘willingness to co-exist’ before re-opening any talks and calling for a change in the U.S. hostile attitude,” Hong said.
MILITARY EXHIBITION
Kim also called for developing and upgrading “ultra-modern” versions of weaponry, and vowed to keep advancing defence capabilities to bolster the North’s strategic position, KCNA said.
Strategic and tactical weapons were on display at the event, called the Defence Development Exhibition.
KCNA pictures showed the Hwasong-19 and 18 intercontinental ballistic missiles, the Chollima-1 rocket used in a successful satellite launch in November 2023, and the Saetbyol-9 multi-purpose attack drone, which resembles the U.S. Reaper.
Hong said the pictures also included several weapons needed by or presumed to already have been supplied to Russia for its war in Ukraine, such as 240mm multiple rocket launchers, self-propelled howitzers, anti-tank systems and drones.
North Korea has shipped additional arms to Russia, the South’s lawmakers said on Thursday, after being briefed by the national intelligence agency.
Last year, when he was defence minister, Russian Security Council Secretary Sergei Shoigu accompanied Kim to a defence fair that showcased missiles and weapons.
Last week, Kim urged the North’s military to improve its war-fighting capabilities, blaming the United States and its allies for stoking tension to “the worst phase in history” and calling the Korean peninsula “the world’s biggest hotspot”.
World
US Vice President Vance emerges as key figure in Iran peace efforts: Report
US Vice President JD Vance has taken a leading role in Washington’s efforts to broker peace with Iran, nearly a month into the ongoing conflict, according to US media reports on Friday.
An Axios report says Vance has been actively engaged in behind-the-scenes diplomacy, holding multiple discussions with Israeli Prime Minister Benjamin Netanyahu and coordinating with Gulf allies, while maintaining indirect communication channels with Iranian officials.
The White House reportedly views Vance as a central negotiator due to his senior position and his skepticism toward prolonged military engagements, making him a suitable envoy for sensitive negotiations.
Vance’s efforts include coordination with countries such as the United Arab Emirates and Qatar, focusing on de-escalation, potential peace talks, and regional security.
US President Donald Trump formally confirmed Vance’s role on Thursday, noting that he is working alongside Middle East Envoy Steve Witkoff and Jared Kushner on ongoing negotiations and will brief officials on developments regarding Iran.
White House officials told Axios that Vance’s seniority and opposition to extended foreign conflicts make him a more appealing interlocutor for Iran than other envoys, with Witkoff recommending him as the lead negotiator. “If the Iranians can’t strike a deal with Vance, they don’t get a deal. He’s the best they’re gonna get,” a senior administration official said.
While Vance assumes a larger diplomatic role, Witkoff and Kushner continue handling negotiations. Reports of a confrontation between Vance and Netanyahu were dismissed by US and Israeli sources as inaccurate.
According to the report, Vance initially expressed skepticism about the war’s duration, objectives, and resource impact but supported a strategy of overwhelming force once Trump decided to proceed. Vance remains aligned with Israel while carefully navigating differences between US and Israeli objectives, advisers said.
“He has his own views, but he is going to work according to Trump’s instructions and try to achieve an outcome that the president likes,” a source close to Vance added.
World
Trump signature to appear on US currency, ending 165-year tradition
The Treasury is still producing notes bearing the signatures of former President Joe Biden’s Treasury secretary, Janet Yellen, and former Treasurer Lynn Malerba.
U.S. paper currency will bear President Donald Trump’s signature starting this summer, the first time a sitting president has signed American money, the Treasury Department said on Thursday.
The redesigned notes, planned to mark the 250th anniversary of American independence, will also for the first time in 165 years drop the signature of the U.S. treasurer, who reports to the Treasury Secretary and oversees the Bureau of Engraving and Printing, the U.S. Mint and other Treasury functions, Reuters reported.
The first $100 bills with Trump’s signature and that of U.S. Treasury Secretary Scott Bessent will be printed in June, followed by other bills in subsequent months. The new bills may take several weeks to circulate through banks.
The Treasury is still producing notes bearing the signatures of former President Joe Biden’s Treasury secretary, Janet Yellen, and former Treasurer Lynn Malerba.
Malerba will be the last of an unbroken line of treasurers whose signatures have appeared on U.S. federal currency since 1861, when the U.S. government first issued it.
The signature change is the latest effort by the Trump administration and its allies to put the president’s name on buildings, institutions, government programs, warships and coins. A federal arts panel, whose members Trump appointed, approved last week the design for a commemorative gold coin with Trump’s image.
Bessent said in a statement that the move was appropriate for the U.S. 250th anniversary, given strong U.S. economic growth and financial stability during Trump’s second term, read the report.
“There is no more powerful way to recognize the historic achievements of our great country and President Donald J. Trump than U.S. dollar bills bearing his name, and it is only appropriate that this historic currency be issued at the Semiquincentennial,” Bessent said.
An effort for a circulating $1 Trump coin was set back by laws prohibiting the depiction of living individuals on U.S. coins.
A statute governing the printing of Federal Reserve notes gives the Treasury broad discretion to change designs to guard against counterfeiting. The law requires keeping certain elements, including the words “In God We Trust,” and only allows portraits of deceased individuals.
The overall designs of bills will not change, except for Trump’s signature replacing the Treasurer’s, Treasury officials said. A mock-up of the $100 bill with Trump’s signature was not immediately available.
Malerba, the former treasurer, declined comment on the Trump administration’s move.
Her predecessor, Jovita Carranza, who served as treasurer in Trump’s first term, called the change “a powerful symbol of American resilience, the enduring strength of free enterprise and the promise of continued greatness.”
The current treasurer, Brandon Beach, whose name has not appeared on the currency, also issued a supportive statement, saying Trump was the architect of a “golden age economic revival.”
World
Trump to hit Iran harder if Tehran does not accept defeat, White House says
Talks with Iran were still under way, Leavitt said. “Talks continue. They are productive, as the president said on Monday, and they continue to be,” she added.
President Donald Trump will hit Iran harder if Tehran fails to accept that the country has been “defeated militarily,” White House press secretary Karoline Leavitt said on Wednesday.
“President Trump does not bluff and he is prepared to unleash hell. Iran should not miscalculate again,” Leavitt told reporters in a press briefing.
“If Iran fails to accept the reality of the current moment, if they fail to understand that they have been defeated militarily, and will continue to be, President Trump will ensure they are hit harder than they have ever been hit before,” she said.
As the joint U.S.-Israeli war on Iran entered its fourth week, there have been efforts by multiple countries such as Pakistan, Turkey and Egypt to mediate.
Iran is still reviewing a U.S. proposal to end the war, despite an initial response that was negative, a senior Iranian official told Reuters on Wednesday, indicating that Tehran had so far stopped short of rejecting it outright.
Talks with Iran were still under way, Leavitt said. “Talks continue. They are productive, as the president said on Monday, and they continue to be,” she added.
Citing unnamed sources, media outlets on Tuesday reported that Washington sent Tehran a 15-point plan on ending the war. Leavitt said on Wednesday that elements of the reports were not fully accurate, but she did not provide specifics.
“The White House never confirmed that full plan. There are elements of truth to it, but some of the stories I read were not entirely factual, so I am not going to negotiate on behalf of the president here at the podium,” Leavitt said.
Global equity markets regained some ground while oil prices dipped on Wednesday after the reports about the plan, with investors hoping for an end to a war that has disrupted global energy supplies and raised inflation concerns.
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