Loan from Daewoo, a company with ties to North Korea, should have been reported in disclosures. Plus, mass strikes in Iran

Good morning.

Donald Trump failed to disclose a $19.8m loan from a company with historical ties to North Korea while he was the US president, according to a report.

Documents obtained by the New York attorney general, and reported by Forbes, indicate a previously unreported loan owed by Trump to Daewoo, a South Korean conglomerate and the only South Korean company allowed to operate a business in North Korea during the mid-1990s.

Forbes revealed that Trump’s relationship with Daewoo was at least 25 years old. At one point, Daewoo partnered with Trump on a development project near the UN headquarters in New York City, Trump World Tower.

Trump and Daewoo continued to do business together, including using Trump’s name on six South Korea-based properties from 1999 to 2007, according to the magazine.

• What rules did Trump violate? Even though the loan was reported on the Trump Organization’s internal documents, it was not disclosed on the former president’s public financial disclosure reports.

Warnock v Walker: winner of Georgia midterm runoff will make history

The winner of today’s midterm election runoff for one of Georgia’s two seats in the US Senate will make history.

Raphael Warnock became the first Black senator from Georgia when he won the 2020 presidential election runoff that helped tip the upper chamber into Democratic control, boosting the party...

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