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RIA: Russia’s ForeignMin "working behind scenes" to resolve N. Korea crisis - RTRS

The Russian RIA news agency cited Mikhail Ulyanov, the head of the non-proliferation and arms controls department at Russia’s foreign ministry, via Reuters, as saying that the Foreign Ministry is working “behind the scenes” to resolve the North Korea crisis.          

Key Points:

 A conflict on the Korean peninsula would have “catastrophic consequences”

Russia’s foreign ministry is working “behind the scenes” on finding a political solution to the North Korea crisis

The US approach to North Korea was a dead end and the tool of sanctions against the North had almost been exhausted

 

WTI eases-off 5-month tops near $ 52.50, API eyed

The bulls took a breather in the European session, prompting a minor retreat in WTI (US oil futures on NYMEX) from five-month tops reached at $ 52.43.
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Gold comes down to $1305, Yellen holds the key

After an initial uptick to $1314 area, gold turned lower and eroded part of previous session's strong recovery gains from closer to 4-week lows. Revi
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