Daily briefing: US-North Korea tension rises, Disney cuts Netflix cord, Merkel’s youth appeal [FT.com - Mergermarket]
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Source: FT.com - Mergermarket
Listen to this article Sign up to receive FirstFT by email here The rhetoric between the US and North Korea is growing ever stronger after President Donald Trump issued his bellicose “ fire and fury ” warning to Pyongyang. Quite what “fire and fury” actually mean is unclear , but a US official has said there is no way the country would tolerate a North Korean deployment of nuclear ICBMs. Pyongyang has responded by saying it is mulling missile strikes on the US Pacific territory of Guam . This, just a day after the Washington Post reported that the country had successfully produced a miniaturised nuclear warhead that can fit inside its missiles. The escalating war of words has caused alarm around the world. Japanese and South Korean markets dropped in Asian trading , and European markets followed suit. The heightened tensions come on the 72nd anniversary of the US atomic bombing of the Japanese city of Nagasaki. The city's mayor, Tomihisa Taue , warned of t
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