*By Christian Smith*
South Koreans responded with a mix of optimism and worry Tuesday after President Trump announced he would suspend joint military exercises with South Korea as Kim Jong-un considers how to dismantle North Korea's nuclear arsenal.
President Moon Jae-In of South Korea [watched on TV and smiled](https://www.facebook.com/KoreaClickers/photos/rpp.181274814520/10156484091904521/?type=3&theater) as the American president and the North Korean leader met in Singapore. But Trump's unexpected announcement that he would stop joint military drills made some of America's allies in South Korea uneasy, according to Martyn Williams, editor at NorthKoreaTech.org.
"The right wing in South Korea is already not very pleased with these military drills stopping taking place," Williams said in an interview with Cheddar.
The president's statement, which appeared to be an off-the-cuff comment in a discussion with reporters after his meeting with Kim, was not part of the joint statement signed by the two leaders. The United States and South Korea conduct regular war games to prepare for the possibility of a conflict with North Korea, and there are about 28,500 U.S. troops stationed in South Korea.
Trump had said he hoped to strike a deal with Kim to eliminate North Korea's nuclear program, and touted the "very comprehensive" statement the leaders agreed to at the summit. But Williams said denuclearization will take more negotiations.
"I think it was a good first step, but what comes next is the most important thing," Williams said.
For full interview, [click here](https://cheddar.com/videos/the-winners-and-losers-of-the-north-korea-summit).
A bill to legalize recreational marijuana use in New Jersey passed a panel vote, and now heads to a full vote and governor's desk. State Sen. Gerald Cardinale of New Jersey, explains why he's against it when it comes to traffic accidents and youth usage in this week's episode of Cannabiz.
Since a Supreme Court ruling in May, seven states have legalized sports betting ー and Adam Small, the CEO of gambling magazine USBets thinks Ohio, Virginia, Kentucky, and Louisiana may be next.
Richard Allan, Facebook's vice president of public policy for Europe, the Middle East and Africa, answered inquiries from representatives of nine countries, sitting next to an empty chair left open for Zuckerberg. Early on, Allan, who is a former member of the British Parliament, admitted that the chief executive's absence was "not great."
These are the headlines you Need 2 Know for Tuesday, Nov. 27, 2018.
British Prime Minister Theresa May finally garnered European Union support for her Brexit plan, but unrest at home threatens to dismantle negotiations ー and lawmakers have warned there is no plan B. "The worst case scenario for many, particularly for anyone who is a 'Remainer,' is that we leave the EU without a deal in place at all," Ayesha Javed, Deputy Editor of The Wall Street Journal's WSJ City, told Cheddar on Monday.
Former wide receiver Walter Powell Jr. played for three NFL teams over a span of four years. But now, a year into his retirement, he's decided to tackle a new challenge ー creating a more informed electorate. The athlete created a new an app, Politiscope, to educate political newcomers like Powell with a tool that "broke down politics so people like me could understand it," he told Cheddar Monday.
Just days after releasing a chilling report on climate change, the Trump administration is trying to bury its own findings. The White House released a statement trying to diminish the severity of the report's findings, saying the report is based on the most extreme possible scenario. Andrew Light, Distinguished Senior Fellow at the World Resources Institute and one of the report's co-authors, and Matt Daily, Reporter at Politico, join Cheddar to discuss the details surrounding the report.
Ohio officials will allow businesses to pay taxes in Bitcoin as of this week. While limited in scope, the move represents an important tacit admission by a government body that Bitcoin is an acceptable currency, according to Jimmy Song, a Bitcoin developer.
These are the headlines you Need 2 Know for Monday, Nov. 26, 2018.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
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