Christine Lagarde is moving to Frankfurt to take on the most powerful and important job in Europe — just when the European Union needs her most.
What's happening: As the new head of the European Central Bank, she won't just be in charge of setting monetary policy for 19 wildly disparate European countries; she'll also be charged with protecting the euro itself, the single most visible and controversial element of the European project.
Iran's Deputy Foreign Minister Abbas Araghchi said on Sunday the country would break within hours the limit on uranium enrichment set in the 2015 nuclear deal, BBC reports.
Details: Araghchi said Iran would start enriching uranium above the 3.67% limit to provide fuel for its Bushehr power plant, according to BBC, which reported that officials said this would mean a concentration of about 5%.
Otto Warmbier’s parents have filed a claim for a seized North Korean cargo ship in an attempt to force the country to pay part of $500 million awarded to them in a wrongful death court judgment, CNN first reported Saturday.
The big picture: Warmbier was detained in North Korea for 17 months. He died in 2017 after being flown to the U.S. in a coma. "The Warmbiers are committed to holding North Korea accountable for the death of their son Otto, and will work tirelessly to seize North Korean assets," Fred and Cindy Warmbier's attorney said in a statement to AP.
Australian Prime Minister Scott Morrison confirmed to parliament this week that Alek Sigley — the Aussie student who went missing and was allegedly held on reports of espionage — had safely left North Korea, AP reports.
What they're saying: North Korea claimed on Saturday that Sigley spread anti-Pyongyang propaganda and engaged in spying. A North Korean state news agency reported that Sigley was expelled out of "humanitarian leniency," says AP.
