Today's Intel

Nov. 7, 2017

BLOOMBERG

President Donald Trump toned down his harsh rhetoric toward North Korea during a visit to Seoul, telling reporters the Pyongyang regime should "come to the table" to make a deal and refusing to rule out direct talks.

Richard Trumka, the head of America's biggest labor organization, opened its October national convention in an unusual way: the AFL-CIO president read a passage from the code-of-conduct and gave out the contact information of two people designated to field any complaints about sexual harassment or other discriminatory or inappropriate behavior.

The push to salvage a Pacific-rim trade pact will come to a head this week as nations diverge on whether it should be preserved, abandoned or renegotiated from scratch after President Donald Trump pulled the U.S. out of the deal.

The first country to give women the vote has another world-leading ambition: closing the gender pay gap. New Zealand Prime Minister Jacinda Ardern, the world's youngest female leader, says her government aims to achieve pay equity for women in the public service within four years as a catalyst for widespread change.

Saudi Arabia's surprise crackdown, which led to the arrests of princes, billionaires and officials over the weekend, is expanding beyond those previously detained in what authorities described as an anti-corruption drive.

Crown Prince Mohammed bin Salman's crackdown on some of Saudi Arabia's richest and most powerful men has put $33 billion of personal wealth at risk.

OPEC said shale oil production will grow considerably faster than expected over the next four years after the group's output cuts triggered a crude-price recovery that helped U.S. producers. North American shale output will soar to 7.5 million barrels a day in 2021, the Organization of Petroleum Exporting Countries said.

Offers are starting to trickle in for the world's most expensive house. Villa Les Cedres, a 14-bedroom mansion set in 35 acres on the French Riviera and listed at $405 million, has received interest, visits and offers. None of the bids were acceptable to a committee of the Marnier-Lapostolle family that's administering the sale.

The $5.1 trillion-a-day currency market is losing its human touch. That's the conclusion of trading and foreign-exchange heads surveyed by the organizers of the TradeTech FX conference in Miami. Of the 100 North America-based respondents, 94 said they aimed to automate more of their foreign-exchange trading operations in the next three years.

AP Top Stories

The presidents of South Korea and the United States agreed Tuesday to completely remove the limit on the payload of South Korean ballistic missiles and discuss Seoul's introduction of nuclear-powered submarines and other advanced weapons, Seoul officials said.

Tesla is moving to turn around its output challenges with the Model 3, with a new acquisition reported by Bloomberg of a supplier whose focus is on automating production.

Saudi Arabia says Lebanon has declared war because of what it calls Hezbollah's acts of aggression against it. It's a dramatic escalation of a regional crisis that threatens to destabilise Lebanon.

If reports from in country are accurate, it appears that the North Korean people in the area are paying a high price for the regime's nuclear ambitions.

The United States said Monday it is resuming limited visa services in Turkey, following an almost month-long suspension in a diplomatic row between the two NATO allies.

A debate over whether to bury Vladimir Lenin, whose embalmed body remains on display on Red Square, has risen again and even led to a stabbing ahead of the 100th anniversary of the Bolshevik revolution. The ruling party has tried to play down Tuesday's centennial as the antithesis of Vladimir Putin's tenets of stability and traditional values.

At least 17 people were killed after dozens of masked militants stormed a Yemeni government security compound yesterday, sparking a gun battle that continued into the night.

It's unclear whether Tiffany & Co. is trolling or fishing for press, but they're definitely succeeding with the latter. The line is described on the company's website as a collection that "transforms utilitarian items into handcrafted works of art." It features a $1,500 Sterling silver coffee can, a $9,000 ball of yarn, and $350 straw.

Officials say Offutt Air Force Base, south of Omaha, has expanded its defenses against drones and can stop any that venture within its boundaries of airspace.

BBC

The US has announced that in January 2019 it will terminate a program which gave Nicaraguan immigrants protection from deportation.

People with malaria give off a distinctive "breath-print" that could be used as a test for the disease, according to American scientists. The test was reasonably good at detecting cases in children, but needs developing to become a routine device.

Panic has gripped the Indian capital, Delhi, as residents woke up to a blanket of thick grey smog on Tuesday. Visibility is poor as pollution levels reached 30 times the World Health Organization's recommended limit in some areas.

Russian President Vladimir Putin has called for elite soldiers in a new force - the National Guard - to protect the country's regional governors.

WND

Wall Street is bracing for more signs of the retail apocalypse this week when Macy's and Nordstrom (JWN) detail the latest pain from the loss of mall shoppers who've migrated online. Worse than slumping sales, department stores are likely to paint a gloomy picture about their busiest and most critical time of the year.

The Zika virus, which caused a panic in Miami last summer, is back, but only in the form of one sexually transmitted case caused by a mosquito bite in another country, the Florida Department of Health reported on Friday.

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