North Korea, US Gather for Summit | Euro Under Fire in Italy

+Plus: China Approves 13 Ivanka Trump Trademarks in 3 Months [| The Presidential Daily Brief | ](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/a252a146/e372e30ee6302a9714a8fbb03424be42//) 5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/a252a146/e372e30ee6302a9714a8fbb03424be42// 5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/239b652f/c6b6842083185ba5d07f084a6db7d258// 5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/239b652f/c6b6842083185ba5d07f084a6db7d258// IMPORTANT May 29, 2018 5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/171f187d/35212e08dfade9810c036b0987a87e0d// [A Kim Jong Un impersonator poses with a durian fruit in Singapore. Source: Getty](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/21dee4df/387ce46a197ff4294ac4a4a901ec16e9//) [US, North Korea Diplomatic Teams Head for Singapore](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/6b83920b/a8740e0b15b9b45f901d645c9a160570//) Japanese media report that Kim Chang Son, de facto chief of staff to North Korean leader Kim Jong Un, arrived in Singapore yesterday, as did a team of U.S. diplomats. That’s a major sign, according to former CIA Deputy Director John McLaughlin’s [analysis for OZY](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/04bd8ba4/310a2266887394c06a773b094db6bc39//), that the previously canceled June 12 summit may actually happen. President Donald Trump abruptly called off the potentially groundbreaking meeting last week, but quickly reconsidered. Meanwhile, North Korean General Kim Yong Chol is reportedly heading to New York tomorrow for further negotiations. Sources: [Reuters](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/1652eee1/80fd4598b68b89e70a737a4d21bf109d//), [CNN](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/531b06bb/792fb5b0f8bfe3dd786d0b1c76e2fb23//), [BBC](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/b43856b7/25e16fab2b2a5e7fcfddef1b4ab257ed//) [Facebook](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/f9fc5052/522d0d3cf8167c5c9504ff00fd03bf67//) [Twitter](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/b46bf8f7/1236ca6219a8368647b542182d3a60ab//) [Italy's Political Turmoil Could Have Consequences for Euro](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/ce2d5d1a/962e028a2bbfb7f2e021b417f5fce680//) After the euroskeptic prime minister-elect proved unable to form a government and stepped down, Italian President Sergio Mattarella chose euro defender Carlo Cottarelli as a replacement. Now the [populist](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/3bd6d6d7/d13426251f304d4af547ef7caa2073e0//) 5-Star and League parties say Mattarella’s ignoring the will of voters — and any government formed by Cottarelli, should he manage it, will likely only last until September elections. Meanwhile, Italy’s economic sluggishness has made the euro itself a target, and the country’s continuing eurozone membership is likely to be a major battleground in the next campaign. Sources: [WSJ (sub)](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/197b87a1/e133fa837340f79a6c98d223317194f8//), [Reuters](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/7ffbc7f6/b3e408e64a3ac8c760f18e13da8ab371//) [Facebook](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/fe5ce2a1/ed0d0d0b9b3d3b743c09db028d7f5121//) [Twitter](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/c20a7f16/8ff29231010ed6243c0e0c0cb7aa2c4e//) [China Approves 13 Ivanka Trump Trademarks in 3 Months](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/18fe8b37/44ffee90de119b0c7189987aebca2e96//) She’s with the brand. Even as her father’s government continues to negotiate trade policy with China, Ivanka’s expanding her business there, stoking concerns over conflicts of interest. Ivanka, a senior [White House](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/a0683574/53c468185c4665bfe0ca405404817ef0//) adviser, has her brand’s assets in a family-run trust but continues to reap the profits — though the president of her company insists the trademarks simply guard against copycats. Meanwhile, Chinese courts, largely thought to reflect the will of the ruling Communist Party, have given provisional approval for eight more trademarks, with another 25 pending. Sources: [CNN](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/5b61f6e7/0f17a5918bee90a2ea757cca04b5170f//), [AP](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/fda4f0e4/06046f559c6212b57fd2e4368e73a5d7//) [Facebook](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/3b50ff26/2fe47baeeaa30475daa764d6933b28ed//) [Twitter](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/374f1ca7/6905a7e368b8151376d0d7f90ae6bee9//) [Private Search for MH370 Ends Without Result](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/25f032b9/9d9b67c1f190dc970be68e34e58a45ba//) While the official hunt for the missing jet ended last year, American company Ocean Infinity continued to trawl about 37,000 square miles of ocean using small submarines until today. The Malaysia Airlines plane disappeared in March 2014 with 239 people aboard. “We will always remain hopeful that one day the aircraft will be located,” said Australia’s transport minister. Ocean Infinity’s search was unpaid, but with a prospective $70 million reward from [Malaysia](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/b22a3081/88b76b89df3b7a7ddf5018be27b99ca0//) for finding the wreckage — which could confirm or deny theories that the pilot intentionally downed the plane. Sources: [Time](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/5074bf33/59afdb53648ca2abde3f45d993cc1215//), [BBC](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/c740e7c2/717abd0b912938a18db7a73e26ba8370//) [Facebook](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/86449f12/bfe1e5a756abf2b6f9f9010bd5954faa//) [Twitter](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/ba94a205/ec80050dc0f0b31ce1878813f9a70537//) Briefly Know This: Ireland’s landmark referendum on abortion has inspired pro-choice activists in [Northern Ireland](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/56cf56e9/ecb61e22e16794b095622ce38d160b6d//) to demand reform of their own laws. Two employees of a California [flight school](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/05327ec3/769e296ceec12c97309795e007698aeb//) allegedly kidnapped a Chinese student on a legitimate visa and attempted to deport him themselves. And New Jersey is investigating [police officers](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/17ed9aa8/6ed9285a147f3ad5d2c9c61f82c1063d//) who were filmed punching a 20-year-old woman in the head before arresting her for underage drinking. Read This: Two candidates for mayor of [San Francisco](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/0789c872/6bab27fbfcb8a593a9c0f4b70b171fde//), which has a ranked voting system, are encouraging voters to vote for each other as a second choice — a joint attempt to defeat the current front-runner. Talk to Us: Tell us how you really feel. Our electrifying TV show, Third Rail With OZY, is shelving the PC and whipping up debates. Each week we’re posting a provocative question, and we want you to weigh in. This week: [Should immigrants to the U.S. have to give up dual citizenship?](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/7e542e35/b757ecfa60fe4c0c69a96ef716337e1c//) Email [thirdrail@ozy.com](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/eeee622b/4755258bc83fb578999c587e4635a309//) with your thoughts, and we might feature your answer next week. [Created With: Chase Auto](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/06a55d5f/22ced7f147ec135b130eb8630305e708//) [Car Shopping? This May Be Your Biggest Debate](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/06a55d5f/22ced7f147ec135b130eb8630305e708//) Should you lease or buy that new set of wheels? We ask car expert Jim Manelis, who tells one first-time car buyer why leasing in Brooklyn may be a big no-no. Sources: [OZY](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/4e74dc8e/6d5da314f7c0766f5f921211766f81dd//) [Facebook](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/296d0288/ac9fb4fe04ee2ea42c8b7e7cb7b1d24e//) [Twitter](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/93790586/dcfc666861c772d1c8f508323fb54068//) INTRIGUING [London Launches Contactless Payment System for Buskers](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/46ee916b/6de3b8129863db7849cd37463bdbe9b2//) Keep the change. The British capital has unveiled a new cashless payment system for the city’s street performers. The collaboration between Busk In London, a performers’ association, and Swedish payments company iZettle was launched last weekend by Mayor Sadiq Khan, and features contactless terminals passersby can simply tap to donate an amount predetermined by the [performer](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/d4dda0d6/feb711ed4d8e1e564eeee9bf9cbfe288//). “Now, more Londoners will be able to show their support to the capital’s brilliant, talented street performers,” Khan said in a statement. Still, some worry it’ll leave the homeless and other disadvantaged in the lurch. Sources: [The Verge](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/dd491e3a/c7bd2fd1be8d6a81c9e66db54ccebd1b//) [Facebook](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/48b8a2b8/c8e7c38d9a4da96cc303705f42e9b901//) [Twitter](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/066a06a3/7e27e6ffebeb638c3d27fc9e9e77e823//) [Billionaire Chelsea Soccer Club Owner Gets Israeli Nationality](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/99605aec/9bf39501f69336252b3c6a6968249a6e//) Roman Abramovich is now Israel’s richest citizen. The Russian-born billionaire had trouble renewing his U.K. visa when British authorities increased scrutiny of Russians after the poisoning of a former spy and his daughter on English soil in March. But Abramovich, who is Jewish, qualified for Israeli citizenship under the Law of Return. He’ll be exempt from taxes on income earned abroad for 10 years — and won’t need to declare its source — as he settles down in [Tel Aviv](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/7d0f1da0/03d7a74e4294cd8f0bc95f4321bf24a3//) in a mansion purchased from actress Gal Gadot. Sources: [Times of Israel](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/406df975/8f3959c6e4a1d59ea0693e0ca254cab3//) [Facebook](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/7d04b4f3/ea8c728bbb19eb8b5a548bab9d75c0eb//) [Twitter](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/1cc4313e/359b132bcf46426542b847a9349050df//) [Great Barrier Reef Faced 5 Near-Death Moments](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/07038bd9/5fa8989ee15d9d7e3b76336b83fa59d7//) To understand how the [reef](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/96456640/e046af0c88bda3f1fcfbcf13a8723373//) dealt with climate change in the past, scientists drilled into the sea bed nearby, extracting rock cores from up to 150 feet underground. They found that it’s had several close calls over the last 30,000 years, and that rising seas, jumps in sediment levels, and “meltwater pulses” from thawing glaciers caused the reef to slowly migrate. While the report shows how resilient it can be, researchers caution it means little for the reef’s fate over the coming decades as ocean temperatures are increasing faster than before. Sources: [SMH](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/66203921/1cbc5c1e24700c24d0ffa03cade5b825//), [Science Magazine](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/72fd0fb5/837ed9fd5925e1572c7be6c5ddbcbc7d//) [Facebook](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/066b7fa6/bfb487cba5219ddb28a3f5c2c06f0969//) [Twitter](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/f01dc26c/60a7f40239918ad16b2fa09335123f06//) [The New Sounds of Sonic Sculpting](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/c458274f/b4cff5ada92fdab61c5579d9052b619f//) It’s state of the art. Refined tunes are moving from the smoky club to the museum with “electronic sonic art” increasingly finding a place in fine galleries. The concept: Allow visitors to contemplate sounds as they would paintings amid the soft lights and white backdrops of an art space. Around the world, sonic installations are providing audio-rich environments to connoisseurs — or just the curious And sound artists continue to experiment, whether with participatory audio pieces or new venues and installations to soak up those good vibes. Sources: [OZY](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/b8b1a470/71cc09b1dd9783e439497f298c814dc4//) [Facebook](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/d1aac0ef/8a5429cb82f22e9eeba997049ee90402//) [Twitter](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/b3543968/e030a02b9dd8519faceecd1329e9f218//) [Warriors Beat Rockets to Face Cavs in NBA Finals](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/44e8d386/ae638ab0328785a4e0d452feebe73b02//) Fourth time’s the charm. The defending champs, led by Stephen Curry and Kevin Durant, defeated James Harden and the Houston Rockets 101-92 — thanks to a stunning 33-point third-quarter surge to overcome a deficit of 11 points at halftime. Now they’ll face the Cavaliers in the Finals for the fourth straight year. Oddsmakers in Las Vegas are [betting](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/0b52153a/8ab654aa0e14e8555f7c2cbec7464c79//) heavily on Golden State: Cleveland’s been rated a +650 underdog, making it the most lopsided matchup in 16 years. The rivals take the court Thursday in Oakland. Sources: [ESPN](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/8037f0bc/545dbc4d5803cadf08fa6b0517072a2f//), [Bleacher Report](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/872856bb/7f93208428f330862587af4565214ec9//) [Facebook](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/aa1c469b/0a777a01b73c3fba4ade2284104df50b//) [Twitter](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/7680673a/b262d95f6ce46fbd57d0ba19f5f42300//) 5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/b685d67f/9784b02ae2efb5c7d471be8887f04775// [OZY] 40M PEOPLE AND GROWING OZY Media, 800 West El Camino Mountain View, California 94040 This email was sent to {EMAIL} [Manage Subscriptions](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/022fb65e/a5e80092f6c5e53eec04d31de9b99999//) | [Privacy Policy](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/e7343fe0/cc264a104992d9e8fde5a90e432087a7//) | [Read Online](5b0d26d90dc460df11fe81ae:ot:591df7fbac0c811781aa5dbc:1/13e9017f/b7256a2fee3dbf92a8df8e7cb6db1608//)