In the news...

The Saudi crown prince visits the White House… Mohammed bin Salman is leading a delegation to Washington for the first time since becoming heir. He will meet with US president Donald Trump, lawmakers, and senior officials, with Iran atop the agenda.

…While the US senate could vote on the war on Yemen. A bipartisan group of senators could force a vote calling for the US to withdraw its military from the war-torn country, seen as a proxy battleground for Saudi Arabia and Iran.

US-Korea denuclearization talks begin. Inter-Korean and US-North Korean summits follow weekend talks between US, South Korean, and Japanese officials on achieving complete denuclearization of the Korean peninsula. This week’s talks are an opportunity to asses the North’s sincerity about denuclearization.

Facebook plunged on a bombshell data-harvesting scandal.Its shares dropped the most in four years after multiple regulators called for hearings on reports that Cambridge Analytica, Trump’s political advertising firm, illicitly used social media data from 50 million users. An undercover TV report filmed Cambridge Analytica execs offering illegal political intimidation services to its prospective clients, suggesting bribery and blackmail involving Ukrainian sex workers.

Harvey Weinstein’s company will file for bankruptcy.Investment firm Lantern Capital said it would buy Weinstein Co.’s assets on the grounds that it file for bankruptcy, after several attempts by the production house to avoid that fate. It’s also releasing employees from non-disclosure agreements.

China issued a stern warning against Taiwan. President Xi Jinping said at the end of an annual parliamentary session that Taiwan—which Beijing claims as its own territory—will face the “punishment of history” if it attempts any separatist activities. Beijing sees Taiwanese president Tsai Ing-wen as harboring independence tendencies.

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