This image from television shows the demolition of the 18-metre-tall cooling tower at its main reactor complex in Yongbyon, North Korea.
This image from television shows the demolition of the 18-metre-tall cooling tower at its main reactor complex in Yongbyon, North Korea.
This image from television shows the demolition of the 18-metre-tall cooling tower at its main reactor complex in Yongbyon, North Korea.
This image from television shows the demolition of the 18-metre-tall cooling tower at its main reactor complex in Yongbyon, North Korea.

New North Korea nuclear talks planned


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SEOUL // Five regional powers will hold talks with North Korea from Thursday on ending its atomic weapons plans and verifying an account the secretive state gave in June of its nuclear programmes, officials said today. The talks, the first in nine months, come after Washington responded to the North's declaration of its nuclear assets by starting to take it off a terrorism blacklist. But Washington also called on Pyongyang to answer lingering questions on proliferation and uranium enrichment.

"We look forward to positive results from this heads of delegation meeting," the Chinese foreign ministry spokesman Qin Gang said when making the announcement for the talks. Hosted by China, they also include the two Koreas, Japan, Russia and the United States. This round of talks is provisionally scheduled to last for three days, Mr Qin said. The South Korean envoy Kim Sook, who had released the date of the talks ahead of China's announcement, told reporters one key issue will be setting a verification mechanism to check claims North Korea made about its murky nuclear weapons programme.

Analysts said North Korea may sign off on an inspection programme but will delay further disarmament steps for as long as possible to squeeze out concessions. "North Korea has no reason to reveal everything it's got," said Park Young-ho, an analyst at the South's Korea Institute for National Unification. "Nuclear armaments are not only North Korea's 'card' to play strategically at the negotiating table, but they are also a tool for Kim Jong-il to stay in power."

The Yonhap news agency reported that the North Korean nuclear envoy Kim Kye-gwan had arrived in Beijing today. In late June, the North presented a long-delayed account of its nuclear weapons programme that contained information on its plutonium production, but did little to address US suspicions of a secret uranium enrichment programme. North Korea, which tested a nuclear device in October 2006, was required in a disarmament-for-aid deal to make the declaration and start taking apart its Soviet-era nuclear plant at Yongbyon by the end of 2007.

It had completed most of the disablement steps by the end of last year. On June 27, in a symbolic move to show its commitment to the deal, the reclusive state invited in media to witness a controlled blast that brought down the cooling tower at its ageing nuclear reactor. In return for these steps, the energy-starved North has received heavy fuel oil aid. Once it is removed from the US terrorism list, the communist state will see an end to sanctions that have mostly cut it off from international banking.

The declaration, however, did not address the North's nuclear weaponry and facilities other than Yongbyon, which may cloud the next round of talks in Beijing. "The US and other players are expecting North Korea to declare and disable other facilities," said Kim Sung-han, a Korea University international relations professor. And there may even be problems with what it did declare because according to reports in Japanese media, the North said it produced about 30 kgs of plutonium while US officials have said they think it is closer to 50 kgs.

*Reuters

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The biog

Age: 46

Number of Children: Four

Hobby: Reading history books

Loves: Sports

Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

Essentials

The flights
Emirates flies direct from Dubai to Seattle from Dh6,755 return in economy and Dh24,775 in business class.
The cruise
UnCruise Adventures offers a variety of small-ship cruises in Alaska and around the world. A 14-day Alaska’s Inside Passage and San Juans Cruise from Seattle to Juneau or reverse costs from $4,695 (Dh17,246), including accommodation, food and most activities. Trips in 2019 start in April and run until September. 
 

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

US households add $601bn of debt in 2019

American households borrowed another $601 billion (Dh2.2bn) in 2019, the largest yearly gain since 2007, just before the global financial crisis, according to February data from the New York Federal Reserve Bank.

Fuelled by rising mortgage debt as homebuyers continued to take advantage of low interest rates, the increase last year brought total household debt to a record high, surpassing the previous peak reached in 2008 just before the market crash, according to the report.

Following the 22nd straight quarter of growth, American household debt swelled to $14.15 trillion by the end of 2019, the New York Fed said in its quarterly report.

In the final three months of the year, new home loans jumped to their highest volume since the fourth quarter of 2005, while credit cards and auto loans also added to the increase.

The bad debt load is taking its toll on some households, and the New York Fed warned that more and more credit card borrowers — particularly young people — were falling behind on their payments.

"Younger borrowers, who are disproportionately likely to have credit cards and student loans as their primary form of debt, struggle more than others with on-time repayment," New York Fed researchers said.

Tottenham's 10 biggest transfers (according to transfermarkt.com):

1). Moussa Sissokho - Newcastle United - £30 million (Dh143m): Flop

2). Roberto Soldado - Valencia -  £25m: Flop

3). Erik Lamela - Roma -  £25m: Jury still out

4). Son Heung-min - Bayer Leverkusen -  £25m: Success

5). Darren Bent - Charlton Athletic -  £21m: Flop

6). Vincent Janssen - AZ Alkmaar -  £18m: Flop

7). David Bentley - Blackburn Rovers -  £18m: Flop

8). Luka Modric - Dynamo Zagreb -  £17m: Success

9). Paulinho - Corinthians -  £16m: Flop

10). Mousa Dembele - Fulham -  £16m: Success

Astroworld
Travis Scott
Grand Hustle/Epic/Cactus Jack

Abu Dhabi GP schedule

Friday: First practice - 1pm; Second practice - 5pm

Saturday: Final practice - 2pm; Qualifying - 5pm

Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm

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MATCH INFO

League Cup, last 16

Manchester City v Southampton, Tuesday, 11.45pm (UAE)