Sep 14, 2018

North and South Korea open joint liaison office ahead of third summit

Haley Britzky

South and North Korean officials at the opening ceremony of their joint liaison office. Photo: Korea Pool/Getty Images

North and South Korea have opened a joint liaison office — on North Korea's side of the border — in order to "directly discuss issues 24 hours, 365 days," South Korea's Unification Minister Cho Myoung-gyon said on Friday according to Reuters.

The big picture: This comes days before a third summit between the two countries' leaders, Reuters reports. The hope is that the office will also move talks forward between the U.S. and North Korea, which have been stalled in recent weeks due to little progress on denuclearization.

Go deeper

Rebecca Falconer

GM to exit Australia, New Zealand and Thailand

GM's Holden brand is popular among racing fans down under, and it's been a regular fixture at events like the Bathurst 1000 V8 Supercar Race in Australia. Photo: Speed Media/Icon Sportswire via Getty Images

General Motors is retiring its celebrated Holden brand from sales in Australia and New Zealand after 160 years and winding down operations by 2021, the company confirmed in a statement Monday.

The big picture: GM also intends to "sell its Rayong factory in Thailand to China's Great Wall Motors and withdraw the Chevrolet brand from Thailand by the end of this year," AP reports. "The downsizing is part of a long-running strategy at GM since the Detroit-based company emerged from bankruptcy in 2009," per Bloomberg.

Keep ReadingArrow5 mins ago - Economy & Business
Rebecca Falconer

In photos: Deadly Storm Dennis lashes U.K., Ireland and western France

A family is rescued from a property in Nantgarw, Wales, on Sunday. The storm comes a week after the U.K. was battered by storm Ciara, which killed two people, per the BBC. Photo: Matthew Horwood/Getty Images

Storm Dennis continued to pummel parts of England, Wales and Ireland over Sunday night with heavy rain after battering Northern Ireland and Scotland, per the official British weather agency the Met Office.

Why it matters: It's the second-strongest nontropical storm ever recorded in the North Atlantic Ocean, with its hurricane-force winds and heavy rains that caused widespread flooding across the U.K., the Washington Post notes. Police in Wales confirmed Sunday they found the body of a man who fell into a river as the storm lashed Ystradgynlais.

See photosArrow1 hour ago - World
Axios

Sanders accuses Bloomberg of trying to "buy" the 2020 election

Sen. Bernie Sanders and Mike Bloomberg. Photos: Drew Angerer; Brett Carlsen/Getty Images

Sen. Bernie Sanders tore into 2020 rival Michael Bloomberg at a Las Vegas campaign event Saturday, saying the billionaire and former New York mayor is trying to "buy the presidency" by paying millions of dollars in advertising.

Why it matters: Bloomberg has surged in national polling recently, having poured millions of dollars into campaign ads largely targeting Trump. His candidacy has become an obvious foil for Sanders, whose grassroots campaign railing against billionaires and the establishment has vaulted him to front-runner status.

Go deeperArrowUpdated 2 hours ago - Politics & Policy