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Pictet WM: North Korea likely to develop credible nuclear capabilities

Pictet Wealth Management expects the standoff between the US and North Korea to continue, and the firm says that under its base case scenario, the secretive Asian state will likely develop “a credible nuclear capability”. Base case scenario: Amid escalating tensions between the two countries, equity volatility spiked and placed temporary pressure on markets in early August. Whilst Pictet Wealth…

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