North Korea marked the 70th anniversary of its founding on Sunday with a military parade. The traditional ceremony was held without the usually included long-range nuclear missiles. President Trump called the reduced display a ‘big and very positive statement’ and described it as a sign of North Korea’s ‘commitment to denuclearize.’
The executive chairman of successful Chinese e-commerce company Alibaba Jack Ma announced plans to step down next year. CEO Daniel Zhang will replace him. Alibaba’s shares nearly doubled last year and it remains one of the world’s most valuable companies. The longtime chairman and CEO of CBS Leslie Moonves will resign amid sexual assault allegations.
Sweden may be headed for a hung parliament after Sunday’s election in which nationalist Sweden Democrats received boosted support, leaving the two main political blocs almost tied. The governing left-center party is slightly ahead of the anti-immigration party. The close results are likely to produce weeks of uncertainty before Sweden can form a workable government.
Saturday’s US Open Final turned controversial when Serena Williams accused umpire Carlos Ramos of sexism in a press conference following the match. Naomi Osaka won the match in two sets to become the women’s champion. Novak Djokovic won the men’s US Open Final for the third time and collected his 14th Grand Slam title.
Venezuela accused the US of plotting against its President Nicolas Maduro on Saturday. The Trump administration previously held meetings with Venezuelan military officers to discuss Maduro’s overthrow. US officials decided not to aid the coup plot and ‘declined to answer detailed questions’ about the discussions. Venezuela’s Foreign Minister cited ‘crude evidence’ of the plot.
Seven people including two British tourists were injured in Paris on Sunday after being attacked by a man with a knife and iron bar. The suspect is believed to be an Afghan national. Terrorism is not suspected. Nineteen people were killed in South Sudan as a small passenger plane tried to land in thick fog.
After President Trump suggested Ford start making its Focus Active in the US due to the administration’s high tariffs, Ford responded saying ‘it would not be profitable’ to build the car in the US. Trump tweeted on Saturday that Apple should make products in the US to avoid the tariffs on Chinese imports.