Cooling-Off Period

The U.S. agrees in principle to a nuclear buyout but faces still more negotiations with a slippery partner

As big-money deals go, Wall Street surely would pass, but not Washington: North Korea's nuclear program, which may have produced one or two atom bombs already, seems to be for sale. If it is, the asking price will be more than $1 billion -- the lowest estimate of what it would cost to dismantle Pyongyang's existing atomic reactor and replace it with a modern, less dangerous one. While the deal has not been completed, its essential outline emerged last week as U.S. and North Korean diplomats spent three days haggling over details in Geneva.

In the early-morning hours Saturday they issued...

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