Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

North Korea and South Korea delegation shake hands in Panmunjom. Photo: Korea Pool / Getty Images

North Korea told South Korea today that it will not discuss denuclearization in the border talks between the countries, per the WSJ.

  • This shouldn’t come as a surprise. The North has said as much before. This is part of the broader problem of approaching diplomatic conversations with North Korea — both the U.S. and the DPRK have preconditions for talks that the other has indicated it won’t sign off on.
  • The latest: The first round of talks resulted in an agreement that North Korea would send a delegation to the Olympics next month in South Korea, and the two sides have agreed to discuss military tensions.
  • “In a briefing after the talks, North Korea’s chief delegate, Ri Son Gwon, said it was ‘ridiculous’ to raise the subject of the North’s nuclear weapons, which he said were ‘strictly aimed at the U.S,’” the WSJ’s Andrew Jeong writes.

Big picture: Broader conversations between the North and South would have to involve the U.S. — at least — if they were to lead to any deeper diplomatic and security outcomes, so this isn't necessarily the end of efforts to get North Korea to talk denuclearization.

  • The Trump factor: The U.S. and South Korea have postponed their joint military exercises until after the Olympics, but the WSJ’s Gerald Seib reports the U.S. is considering a highly risky preemptive strike on North Korea if the regime were to launch a nuclear or missile test again.

Sports and violence history: The North's past interactions with South Korea over sports have been less than positive, and even violent. North Korea has launched attacks on South Korea in the buildup to or during major sporting events hosted in the South, the BBC reports:

  • 1987: North Korean agents planted a bomb on a Korean Airlines flight traveling from Baghdad to Seoul, which blew up and killed 115 people on board. This was in advance of the 1988 Olympic Games in Seoul.
  • 2002: North Korean patrol boats fired at a South Korean navy ship during a FIFA World Cup semi-final match hosted in South Korea. Six South Koreans died and 9 were injured. The South Korean team had been performing particularly well.

Go deeper

Biden's Day 1 challenges: The immigration reset

Illustration: Aïda Amer/Axios

President-elect Biden has an aggressive Day One immigration agenda that relies heavily on executive actions to undo President Trump's crackdown.

Why it matters: It's not that easy. Trump issued more than 400 executive actions on immigration. Advocates are fired up. The Supreme Court could threaten the Deferred Action for Childhood Arrivals (DACA) program, and experts warn there could be another surge at the border.

10 hours ago - Sports

Broncos and 49ers the latest NFL teams impacted by coronavirus crisis

From left, Denver Broncos quarterbacks Drew Lock, Brett Rypien and Jeff Driskel during an August training session at UCHealth Training Center in Englewood, Colorado. Photo: Justin Edmonds/Getty Images

The COVID-19 pandemic has thrown the NFL season into chaos, with all Denver Broncos quarterbacks sidelined, the San Francisco 49ers left without a home or practice ground and much of the Baltimore Ravens team unavailable, per AP.

Driving the news: The Broncos confirmed in a statement Saturday night that quarterbacks Drew Lock, Brett Rypien and Blake Bortles were identified as "high-risk COVID-19 close contacts" and will follow the NFL's mandatory five-day quarantine, making them ineligible for Sunday's game against New Orleans.

Updated 14 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: McConnell temporarily halts in-person lunches for GOP caucus.
  3. Economy: Safety nets to disappear in DecemberAmazon hires 1,400 workers a day throughout pandemic.
  4. Education: U.S. public school enrollment drops as pandemic persists.
  5. Cities: Surge in cases forces San Francisco to impose curfew — Los Angeles County issues stay-at-home order, limits gatherings.
  6. Sports: NFL bans in-person team activities Monday, Tuesday due to COVID-19 surge — NBA announces new coronavirus protocols.
  7. World: London police arrest more than 150 during anti-lockdown protests — Thailand, Philippines sign deal with AstraZeneca for vaccine.