Fmr. UN Ambassador on Trump's Handling of North Korea
Handling diplomatic relations with North Korea is the “hardest problem in the world,” and the Trump administration needs to acknowledge that.
That’s according to Samantha Power, who served as United Nations Ambassador under former President Barack Obama.
“It was the hardest problem that we dealt with over eight years,” she said in an interview with Cheddar. “The program accelerated over the Bush Administration, under our administration, and now it’s accelerating further under President Trump.”
Reports emerged over the weekend that North Korea has stepped up its missile program despite existing sanctions. And Power warns against assuming China will be able to handle the problem. She recommends that the administration keeps its allies close and formulates a plan.
“We’ve picked fights with the Republic of Korea, lost the public support of many of the Korean people,” she said. “The one thing you can’t say about this administration and its allies is that they negotiate or formulate, or achieve common purpose, and that’s a big problem.”
Power added that even when the administration gets a plan in place, “it’s going to be hard” to make the North Korea regime “bend.”
For full interview [click here](https://cheddar.com/videos/what-fmr-un-ambassador-samantha-power-says-is-the-hardest-problem-in-the-world).
The U.S. cannabis industry is on track to hit almost $25 billion in sales, according to New Frontier Data. Vivien Azer, managing director and senior research analyst at Cowen, and Russell Stanley, managing director and equity research at Beacon Securities Limited, join Cheddar News to give their predictions for the budding industry in 2022.
Rep. Earl Blumenauer (D-Ore. 3rd District), the co-chair of the Congressional Cannabis Caucus, joined Cheddar's "Cannabiz" to discuss the state of marijuana legalization on the federal level as more states continue to greenlight medical and adult use. He stated that there couldn't be a better time to revise the old policies on marijuana with more than 90 percent of Americans, including a majority of Republicans, on board. "This tidal wave of support continues. There were five states that approved in the last general election, and I think, rather than one single event, it is this momentum and the demonstration of broad public support that is making the difference," Blumenauer said.
Megan Horneman, Director of Portfolio Strategy at Verdence Capital Advisors, joins Cheddar News' Closing Bell, where she says there is some profit-taking ahead of the upcoming Fed meeting, and elaborates on some of the topics investors will be watching for more closely this week.
Rachel Bachman, senior sports reporter at the Wall Street Journal, joins Cheddar News' Closing Bell, where she explains how U.S. athletes have been inserted into the middle of a political debate after the country declared a diplomatic boycott of the upcoming Olympic Games in Beijing.
Lance Ippolito, Head Trader at the Future Of Wealth, joins Cheddar News' Closing Bell where he discusses the factors that have contributed to the recent slide of major cryptocurrencies like Bitcoin and Ether.
