with a series of diplomatic events lined up over the next few weeks South Korea
and the US are continuing to closely coordinate on North Korea's
denuclearization nuclear envoys of the two countries met on Monday for the
second time in a week amid the longer than expected radio silence we've been
seeing over North Korea us working-level and senior level talks Stephen began's
visit to Seoul is hoped to provide hopefully a much-needed break through to
that stalemate our eg1 starts us off
it's only been a week since South Korea's nuclear envoy was in Washington
but its counterpart you a special representative for North Korea Steve and
vegan came to Seoul on Sunday for another round of face-to-face meetings
you got a needle horn Seoul special representative for korean peninsula
peace and security affairs met for the 12-time Monday morning to discuss the
latest developments in the denuclearization talks we have a shared
goal here which is to bring an end to 70 years of war and hostility on the Korean
Peninsula and the primary requirement for us to get to that endpoint is to
achieve the final and fully verified denuclearization of Korea of the north
of North Korea and so I am absolutely confident that this is within reach and
we're looking forward very much to beginning working on the negotiations
and with North Korea soon as possible the two are expected to have discussed
the progress made so far on the high level and working-level talks announced
by Pyongyang and Washington and with the u.s. midterm elections coming up next
week it's also expected they talked about how Washington will approach
negotiations with the North post-election as well as an analysis of
the latest moves by Pyongyang such as its Vice foreign ministers visit to
Russia they're also likely to have touched on how sanctions fit into
inter-korean cooperation plans like building railroad connections and
forestation areas were those plans violate international sanctions and
where there need to be exemption prior to the meeting he told reporters
that be and himself suggested that he come to Seoul and that they still have a
lot they couldn't get to during their encounter last week
vegan sudden visit prompted speculation that something big could be imminent or
that he might hold working-level talks with his North Korean counterparts but a
senior South Korean official denied those possibilities after vegan met with
South Korea's foreign minister conn-young why in the morning and sat
down for an hour with his own counterpart he met with the presidential
chief of staff kim jong suk an uncommon request by the US began is also expected
to meet with halls unification minister to myung-hoon on Tuesday before taking
off on Wednesday Jiwon Arirang news
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it was the start of a new week but more of the same unfortunately on South
Korea's financial markets on Monday the route continued with the country's main
stock market tumbling below the psychologically-important 2000 mark as
foreign and retail investors couldn't really dump their stocks fast enough
the tech-heavy kosdaq got hammered as well that tumbled more than 5 percent
Kim Hassan with the details for the first time in 22 months South Korea's
main index has closed below the 2000 mark on Monday the benchmark Kospi
closed at 1996 down 1.5 percent and marking a fifth straight session of
declines the tech-heavy kosdaq plunged by over five percent closing below 630
the lowest figure since August 2017 for the eighth straight session foreigners
were net sellers letting go of 140 million dollars worth of Korean stocks
local institutions purchased shares worth nearly 558 million dollars but
selling by individuals totaled almost 427 million the sell-off came despite
the government's announcement that it'll help stabilize the market at a meeting
with the Financial Supervisory Service and the Korea Exchange on Monday morning
Financial Services Commission vice-chairman Kim Jong bum said the
government will set up a 438 million u.s. dollar fund to invest into
undervalued local stocks and inject it as soon as November sluggish quarterly
earnings from US and Chinese companies weighed on market sentiment heavily the
fear is growing that escalating us-china trade tensions will affect the global
economy and Korea's export-driven economy not to mention other headwinds
like the feds rate hike and a slowing local economy there is no good news to
lift up investor sentiment on Friday the Dow said 1.2 percent while the Nasdaq
fell two percent on disappointing earnings from companies like Amazon and
Google's parent alphabets the SNP also dropped one-point-seven percent China
stocks closed two percent lower Monday led by
losses in the life insurance and financial sectors Kim Ezell Arirang news
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Rick Pitino Hoping to Become Candidate for NBA Head-Coaching Job
Ex-Louisville coach Rick Pitino told ESPN's Adrian Wojnarowski that he is studying the pro game and hoping to become a candidate for an NBA head-coaching job soon:.
"I just want to be a part of an organization.
I want to develop young players.
I want to be part of a team.
I miss it terribly.
I'm using this time to really study the NBA.
If something opens up with a young basketball team, I'd have deep interest in it.
"I think the league is going to get younger and player development will become even more important to every organization.
That's my forte.
I believe I can help an organization find a pathway to success.".
Pitino was fired from Louisville amid an FBI probe into college basketball and in the aftermath of an investigation into the use of strippers and prostitutes in recruiting visits.
According to Wojnarowski, who has spoke to multiple GMs, Pitino may struggle to find a position:.
In all likelihood, Pitino has a bigger obstacle to returning to the NBA than NCAA failings: convincing league executives and owners that his ego would allow him to be a willing partner with a front office.
Many GMs say that they'd be hesitant to hire Pitino based on the belief that he'd be difficult to coexist with, especially in the turbulence of a rebuild.
In six prior seasons as an NBA head coach (1987-89, 1997-2001), Pitino posted an overall record of 192-220.
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