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Welcome to CNN 10, where we explain global news in 10 minutes.
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My name is Carl Azuz.
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I`m happy to be your anchor.
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Officials on two sides of the Pacific Ocean have put the brakes on a trade dispute between
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the United States and China.
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These two countries have the
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two largest economies on the planet.
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They trade an incredible amount of goods with each other.
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But last year, the U.S. sold $130 billion worth of goods to China and bought $506 billion
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in goods from China.
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And that deficit, that difference
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is something that`s angered the Trump administration, which wants trade to be more level between
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the countries.
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So, the U.S. put tariffs or taxes on
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certain imports from China, and China retaliated with tariffs of its own on the U.S.
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Trade analysts were worried that this could lead to a trade war, when both sides try to
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hurt each other`s economy through increased tariffs which can
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lead to increased prices.
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But now, the United States and China are saying they are trying to work things out.
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China plans to significantly increase what it buys in U.S. goods and services.
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That was a main demand of the Trump administration.
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And both
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sides say they`re not going to put any new tariffs on one another while they hold talks
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to form a new trade agreement.
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They`re still some major issues that haven`t been resolved yet.
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For example, exactly how much more China plans to buy from the U.S.
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There`s
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been some conflicting information on that.
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And critics say their promise to work together more closely isn`t specific enough to guarantee
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things will get better.
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But at least tensions have
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eased while the talks are going on.
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Ten-second trivia:
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What country has more historically active volcanoes than any other?
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United States, Indonesia, Japan or Philippines?
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According to the U.S. Geological Survey, there are more written accounts for eruptions in
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Indonesia than any other country.
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But a lot of international attention right now was centered on the Kilauea Volcano, located
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on Hawaii`s Big Island.
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It`s been erupting since
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May 3rd.
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And residents for miles around the mountain are facing several threats from it.
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One new fissures keep opening up in the ground.
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There
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are almost two dozen cracks in the earth at this point, spewing sulfur dioxide and lava.
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One, lava bomb.
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A fragment of molten rock shot from a fissure hit a man in the leg while he was sitting
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on his porch.
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That caused the first serious
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injury in this eruption.
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Two, ash continues to spew from Kilauea Summit.
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One cloud boiled as high as 10,000 feet.
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Hawaii`s volcano observatory says more explosions are
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possible at any time.
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Three, lava is now flowing into the Pacific Ocean.
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That might not sound like a bad thing, as long as no boats are nearby.
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But when the molten rock
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hits the cold sea water, it`s producing another hazard, something called laze.
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Seeing something like this is undoubtedly a once-in-a-lifetime experience for most people.
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But for people who live
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here on the big island of Hawaii, they are happy that it`s only once in a lifetime, because
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this is a never-ending nightmare.
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Let me show you what we`re seeing from our vantage point.
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This is where all of the lava is coming from.
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This is actually five fissures combined,
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but it doesn`t look like cracks in the earth.
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It looks more like five out of control five hydrants.
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Of course, that lava has to go somewhere, and so, it`s cascading this down this fast-moving
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lava flows and eventually it is reaching the ocean there,
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that red steam over there in two different places.
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Now, from new pictures that we`re seeing, that those clouds, it may look like simple
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thing, but it
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is much more nefarious than that.
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It is something called lava haze, or laze, and it is a mixture of sulfuric acid and tiny
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particles of glass.
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It
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can be quite dangerous, at worst perhaps even deadly.
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I want to show you one other thing.
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Right over there, this is a fissure that we`ve been watching now for the past eight nights
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in a row, and it may
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look relatively benign, at least from this standpoint, but I can tell you, it is not.
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We were at a woman`s house maybe a quarter mile, maybe half a
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mile away from there and the sheer force of that fissure, because there`s the odd explosion
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that happens maybe once or every minute or two, it
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actually blow out two of her windows.
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So, this is really, you know, nothing to think lightly of.
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It can potentially be quite hazardous.
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Now, if it`s not the lava that`s pushing
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people out, it might be the gas.
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That is because geologists say that sulfur dioxide levels, they have actually tripled
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in recent days, creating
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a lot of problems for people.
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And one other thing to point out, and that is the explosions that we`re hearing, again,
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you can hear those explosions here, incredibly loud.
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The
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explosions that we`re seeing at the summit of Kilauea have actually lessened, become
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less frequent and smaller in recent days.
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In fact, there
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was one just about three hours ago that was quite small relatively.
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That maybe good news from this time being, but it may also mean that a much bigger explosion
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could be coming.
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JCPenney is in serious trouble.
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The company was once one of America`s leading retail chains.
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Who
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hasn`t gotten more of their iconic Christmas catalogues in the mail?
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But JCPenney, like struggling Sears, failed to adapt to consumer-changing taste.
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JCPenney is being hurt by the slow demise of many American malls.
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Consumers are increasingly shopping on their phones, and while some retailers, Walmart,
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Best Buy and Macy`s come to mind, have embraced digital
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commerce.
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JCPenney has been a laggard online.
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That`s big a reason why sales continue to fall, and the company keeps losing money.
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JCPenney has already taken the painful step to cut more than 100 stores and layoff thousands
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of workers.
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Still, the share price has plunged to single
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digits.
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That means JCPenney is literally what traders called a penny stock.
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Investors are also worried about the fact that JCPenney is a pretty big debt load and
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not a lot of cash.
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JCPenney is trying to get back on track
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by focusing on products like beauty goods, toys and appliances and not just clothing.
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But time maybe running out to save JCPenney.
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The Asian island country of Singapore has been in the news lately because it`s the location
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of a planned summit between U.S. President Donald
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Trump and North Korean leader Kim Jong-un.
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But there`s another reason our friends at "Great Big Story" visited Singapore recently.
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They wanted to check out a manmade horticultural haven
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known as Supertree Grove.
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Let`s go climbing.
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Usually, fast food restaurants compete with each, especially when they`re literally next
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door.
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But a Burger King in Massachusetts recently
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asked out the girl next door.
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The restaurant posted the word "prom" on its sign and "Wendy`s" over social media, said
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that`d be OK as long as they
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were home by 10:00.
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Because the promposal was so public, Burger King went public with the result, too.
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Posting the words "she said yes".
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But where are they going to eat?
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Offering to share of wafer could get a frosty reception, so could Dairy Queen, though we
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hear she`s pretty sweet.
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Five Guys could be four too many.
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McDonald`s is their arches enemy.
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No one wants Papa John`s as a chaperone, so that`s Hardee`s is a good idea.
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Maybe they`ll just take the Subway.
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I`m Carl`s Jr. Azuz for CNN 10.