Donald Trump and Kim Jong made history becoming the first sitting US and North Korean leaders to meet, shake hands and come on negotiating table to end a decades-old nuclear stand-off. After reaching the venue of their historic summit in Singapore, both the leaders Kim Jong Un and Donald Trump briefly appeared before the world media, shaking hands for giving the message to narrow differences. The will hold comprehensive talks to seek ways to end a nuclear standoff. While the officials of the two sides held last-minute talks to lay the groundwork for the summit of the old foes, an event almost unthinkable just months ago, when they were exchanging insults and threats that raised fears of war.

The downturn in oil prices came on the heels of worries that Saudi Arabia and Russia could pump more crude to compensate for a potential supply shortfall, with hedge funds reducing bullish positions in crude. Brent, against which Nigeria’s crude oil is priced, dropped to $74.89 per barrel as of 6:40pm Nigerian time, while the United States’ West Texas Intermediate slumped by $1.50 to $66.38 per barrel. Following the recent rally in crude oil prices, the National Assembly had increased the oil benchmark price for the 2018 budget to $51 per barrel from $45 proposed by the Executive. Ahead of the Organization of the Petroleum Exporting Countries’ meeting in Vienna on June 22, concerns that Saudi Arabia and Russia could boost output have exerted downward pressures on oil prices, along with rising oil production in the United States.

It is the political bickering over the issue being carried out. The authorities need to act now Pakistan could face drought in the near future according to experts in the country, who have warned the country will approach the “absolute scarcity” level of water by 2025. The Pakistan Council of Research in Water Resources (PCRWR) made the grim forecast in a new report which claimed the country touched the “water stress line” in 1990 before crossing the “water scarcity line” in 2005. Pakistan has the world’s fourth highest rate of water use but is dependent on water from a single source – the Indus River basin in India – and rainfall has been steadily declining, with some experts claiming this is down to climate change. Shamsul Mulk, former chairman of the Water and Power Development Authority in the country, said water policy is simply non-existent in Pakistan. Policymakers act like “absentee landlords” over water, he added. Because of this absentee landlordism, water has become the property of the landlords and the poor are deprived of their share. Experts say that population growth and urbanization are the main reasons behind the crisis. Some say the issue has been exacerbated by climate change and poor water management.