North Korean leader Kim Jong Un, left, and South Korean President Moon Jae-in shake hands after signing on a joint statement at the border village of Panmunjom in the Demilitarized Zone. Korea Summit Press Pool / via AP
North Korean leader Kim Jong Un, left, and South Korean President Moon Jae-in shake hands after signing on a joint statement at the border village of Panmunjom in the Demilitarized Zone. Korea Summit Show more

North Korea vows to shut down nuclear site in effort to denuclearise peninsula



North Korean leader Kim Jong-un has vowed to shut down the country's nuclear test site in May and open the process to experts and journalists from South Korea and the United States, Seoul's presidential office said on Sunday.

Mr Kim made the comments during his summit with South Korean President Moon Jae-in on Friday at a border truce village, where he also expressed optimism about his anticipated meeting with Donald Trump, saying the US President would learn he's "not a person" to fire missiles toward the United States, Mr Moon's spokesman Yoon Young-chan said.

Mr Moon and Mr Kim during the summit promised to work toward the "complete denuclearisation" of the Korean peninsula, but made no references to verification or timetables. Seoul had also shuttled between Pyongyang and Washington to set up a potential meeting between Mr Kim and Mr Trump, which is expected next month or early June.

"Once we start talking, the United States will know that I am not a person to launch nuclear weapons at South Korea, the Pacific or the United States," Mr Yoon quoted Mr Kim as saying.

"If we maintain frequent meetings and build trust with the United States and receive promises for an end to the war and a non-aggression treaty, then why would we need to live in difficulty by keeping our nuclear weapons?" Mr Yoon quoted Mr Kim as saying.

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Read more:

North Korean media hails Kim Jong Un's southern visit

Trump says North Korea has made major nuclear concessions

North Korea to suspend nuclear and missile tests

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North Korea this month announced it had suspended all tests of nuclear devices and intercontinental ballistic missiles and planned to close its nuclear testing ground.

Mr Kim reacted to skepticism that the North would only be closing down the northernmost test tunnel at the site in Punggye-ri, which some analysts say became too unstable to conduct further underground detonations following the country's sixth and most powerful nuclear test in September.

In his conversation with Mr Moon, Mr Kim denied that he would be merely clearing out damaged goods, saying that the site also had two new tunnels that were larger than previous testing facilities, Mr Yoon said.

Mr Yoon said Mr Kim also revealed plans to re-adjust its current time zone to match the South's.

The Koreas used the same time zone for decades before the North in 2015 created its own "Pyongyang Time" by setting the clock 30 minutes behind South Korea and Japan.

North Korean then explained the decision as an effort to remove a legacy of Japanese colonial rule. Local time in South Korea and Japan is the same — nine hours ahead of Greenwich Mean Time. It was set during Japan's rule over the Korean Peninsula from 1910 to 1945.

Mr Yoon said that the North's decision to return to the Seoul time zone was aimed at facilitating communication with South Korea and also the United States.

SPECS
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Types of policy

Term life insurance: this is the cheapest and most-popular form of life cover. You pay a regular monthly premium for a pre-agreed period, typically anything between five and 25 years, or possibly longer. If you die within that time, the policy will pay a cash lump sum, which is typically tax-free even outside the UAE. If you die after the policy ends, you do not get anything in return. There is no cash-in value at any time. Once you stop paying premiums, cover stops.

Whole-of-life insurance: as its name suggests, this type of life cover is designed to run for the rest of your life. You pay regular monthly premiums and in return, get a guaranteed cash lump sum whenever you die. As a result, premiums are typically much higher than one term life insurance, although they do not usually increase with age. In some cases, you have to keep up premiums for as long as you live, although there may be a cut-off period, say, at age 80 but it can go as high as 95. There are penalties if you don’t last the course and you may get a lot less than you paid in.

Critical illness cover: this pays a cash lump sum if you suffer from a serious illness such as cancer, heart disease or stroke. Some policies cover as many as 50 different illnesses, although cancer triggers by far the most claims. The payout is designed to cover major financial responsibilities such as a mortgage or children’s education fees if you fall ill and are unable to work. It is cost effective to combine it with life insurance, with the policy paying out once if you either die or suffer a serious illness.

Income protection: this pays a replacement income if you fall ill and are unable to continue working. On the best policies, this will continue either until you recover, or reach retirement age. Unlike critical illness cover, policies will typically pay out for stress and musculoskeletal problems such as back trouble.

'Fantastic Beasts: The Secrets of Dumbledore'

Rating: 3/5

Directed by: David Yates

Starring: Mads Mikkelson, Eddie Redmayne, Ezra Miller, Jude Law

WHAT%20MACRO%20FACTORS%20ARE%20IMPACTING%20META%20TECH%20MARKETS%3F
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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

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Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20HyveGeo%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202023%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Abdulaziz%20bin%20Redha%2C%20Dr%20Samsurin%20Welch%2C%20Eva%20Morales%20and%20Dr%20Harjit%20Singh%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ECambridge%20and%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3Cstrong%3EIndustry%3A%20%3C%2Fstrong%3ESustainability%20%26amp%3B%20Environment%3Cbr%3E%3Cstrong%3EFunding%3A%20%3C%2Fstrong%3E%24200%2C000%20plus%20undisclosed%20grant%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EVenture%20capital%20and%20government%3C%2Fp%3E%0A
Eyasses squad

Charlie Preston (captain) – goal shooter/ goalkeeper (Dubai College)

Arushi Holt (vice-captain) – wing defence / centre (Jumeriah English Speaking School)  

Olivia Petricola (vice-captain) – centre / wing attack (Dubai English Speaking College)

Isabel Affley – goalkeeper / goal defence (Dubai English Speaking College)

Jemma Eley – goal attack / wing attack (Dubai College)

Alana Farrell-Morton – centre / wing / defence / wing attack (Nord Anglia International School)

Molly Fuller – goal attack / wing attack (Dubai College)

Caitlin Gowdy – goal defence / wing defence (Dubai English Speaking College)

Noorulain Hussain – goal defence / wing defence (Dubai College)

Zahra Hussain-Gillani – goal defence / goalkeeper (British School Al Khubairat)

Claire Janssen – goal shooter / goal attack (Jumeriah English Speaking School)         

Eliza Petricola – wing attack / centre (Dubai English Speaking College)

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