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Media Report
June 07 , 2018
  • Reuters reports: "U.S. Commerce Secretary Wilbur Ross said on Thursday that Washington has reached a deal with ZTE Corp that would reverse a ban on buying parts from U.S. suppliers, allowing China's No. 2 telecommunications equipment maker to get back into business. Under the deal, ZTE will change its board and management within 30 days, pay a $1 billion fine, put $400 million in escrow and retain a new U.S.-selected compliance team, Ross told CNBC. He added that he did not think the arrangement would have any effect on tariff talks with China. "We think this settlement, which brought the company, a $17 billion company, to its knees, more or less put them out of business ... should serve as a very strong deterrent not only for them but for other potential bad actors," Ross told CNBC."
  • The New York Times reports: "A crisis over a mysterious ailment sickening American diplomats and their families — which began in Cuba and recently appeared in China — has widened as the State Department evacuated at least two more Americans from China on Wednesday. The Americans who were evacuated worked at the American Consulate in the southern city of Guangzhou, and their colleagues and family members are being tested by a State Department medical team, officials said. It is unclear how many of them are exhibiting symptoms, but a State Department spokeswoman said Wednesday evening that "a number of individuals" had been sent to the United States for further testing. For months, American officials have been worried that their diplomats have been subjected to targeted attacks."
  • CNN reports: "Former Director of National Intelligence James Clapper likes to recount a story from his visit to North Korea in 2014. Clapper's North Korean counterpart would spew anti-American vitriol, and if Clapper interjected, he would simply yell over the director. As Clapper recalled, only one thing he said silenced the North Korean: "The United States has no permanent enemies." Clapper told him how the US made friends out of former enemies such as Germany, Japan and recently Vietnam. Clapper's North Korean counterpart was receptive, suggesting the United States and North Korea should normalize their relationship. Obviously, normalization did not happen then. But today, as the Singapore summit between the United States and North Korea approaches, we may be closer to achieving this than ever before."
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