Russian president speaking at a summit in Vladivostock 7 Sept
- NK sees missile and nuclear programme as only means of self defence
- counter productive to whip up military hysteria over NK
- we see Trump administration a desire to defuse tensions over NK
- we will be able to solve crisis by diplomatic means
South Korea's Moon;
- there will be no war on Korean peninsula
- new UN sanctions are aimed at pushing NK to dialogue
- sanctions are only half the solution
- must be combined with dialogue and negotiation
- discussing how to resolve crisis with Putin, Abe, Trump
Chinese foreign minister:
- agrees that UN security council should take further response on NK
- hopes NK see situation clearly
Japan's Abe;
- Japan/Russia need to have a peace treaty
- world should unite to press NK to stick to UN obligations
- NK is an escalating crisis
- situation needs quick action
Japan's urgency understandable given it's literally in the firing line.
Lots of rhetoric but USDJPY understandably unfazed at 109.06. USDCHF 0.9563
