Skip to main content

World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain

21 dead in ‘catastrophic’ California wildfires.

More than 200 fire engines and firefighting crews from around the country were being rushed to California on Wednesday to help battle infernos which have left at least 21 people dead and thousands homeless.
“This is a serious, critical, catastrophic event,” California fire chief Ken Pimlott told reporters. “We’re not going to be out of the woods for a great number of days to come.”
Pimlott said that after a respite on Tuesday winds were kicking up again on Wednesday and the winds and dry conditions were hampering efforts to contain the blazes.
“We are still impacted by five years of drought,” the director of the California Department of Forestry and Fire Protection (Cal Fire) said.
“These fires were driven by the critically dry fuel bed,” he added. “We are literally looking at explosive vegetation.”
Pimlott said the death toll from the fires — among the deadliest ever in California — had risen to 21 and could be expected to go up further.
Eleven of the deaths have occurred in Sonoma County, a wine-producing region which has been particularly hard hit, while six people have died in Mendocino County. There have been two deaths in Napa County and two in Yuba County.
Entire neighborhoods in Santa Rosa, a city of 175,000 which is the county seat of Sonoma County, have been reduced to ashes.
Thousands of people have been left homeless and 25,000 people have evacuated their homes in Sonoma County alone to escape, according to officials.
285 missing
More than 3,500 homes and businesses have been destroyed including several wineries in Sonoma and Napa counties, the heart of the state’s wine production.
Six hundred people have been reported missing in Sonoma County, but more than half of them have been located, Sheriff Robert Giordano told reporters.
“There’s still 285 on our missing list that we’re looking for,” he said.
Pimlott said firefighters were battling a total of 22 wildfires that have burned over 170,000 acres (68,800 hectares) and that reinforcements had been requested.
He said 170 fire engines had been ordered from the neighboring states of Arizona, Nevada, Oregon and Washington and another 154 engines from elsewhere around the country.
In addition, 60 firefighting crews from other states were on their way to California to provide assistance, he said.
“Our primary goal is to get these resources into the fires,” Pimlott said.
He said 73 helicopters, 30 air tankers and nearly 8,000 firefighters were currently taking part in the effort to extinguish the blazes.
President Donald Trump has declared a major disaster in California, freeing up federal funding and resources to help fight the fires. And Governor Jerry Brown declared a state of emergency in eight counties.
Bob Nelson, 53, stopped in his black pickup truck at a police roadblock near Santa Rosa, said he fled his home on Sunday and returned on Tuesday.
‘Like a thief came in’
“There was no damage,” he said. “But then we got evacuated again.
“We don’t know about our house now,” Nelson told AFP. “I’ve got no idea. It’s in the middle of two fires.”
Michael Desmond, 63, does know, and the news is bad: his home was one of hundreds destroyed by the blaze in the Coffey Park neighborhood of Santa Rosa.
“I feel violated; like a thief came in,” said Desmond, who sobbed as he surveyed the rubble of the house where he grew up.
Much of the damage in Santa Rosa can be seen from US Route 101, the north-south highway which runs from California through Oregon to Washington state.
The Sonoma County Hilton perched on a hill overlooking Route 101 is a ruin of charred wood and twisted metal, as is the nearby Fountaingrove Inn.
An enormous K-Mart store has been entirely destroyed with only a couple of blackened walls still standing.
Among the wineries which reportedly suffered damage were William Hill Estate Winery in Napa, Signorello Vineyards, Stags’ Leap and Chimney Rock.
Forest fires are common in the western United States during dry, hot months but, with 21 deaths so far, this year’s California fires are among the deadliest ever.
The Griffith Park fire in Los Angeles County in 1933 killed at least 29 people and 25 people died in the 1991 Oakland Hills fire.

Comments

Popular posts from this blog

World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain

How to Migrate from Bootstrap Version 3 to Advance Bootstrap 4.

This article would illustrate and expatiate on how to  migrate from Bootstrap 3 to Bootstrap 4 ? You’re in luck; today we’ll walk through the changes and new features between versions. The changes you need to make are generally just class renames and some set-up. To save you a lot of time scouring the changelog, I have compiled a list of the things you need to know when migrating from Bootstrap 3 to Bootstrap 4. We will start by discussing the changes made in Bootstrap 4 framework and how it will affect your website performance. Then we will examine the new way of  installing bootstrap and how the grid measurement unit  has change and how  flexbox can help on responsive designs . We will also discuss changes to some of the components and take a look what happens to JavaScript on the new version. Finally, we’ll take a look at some of the new components including cards, tooltips and flexbox. If you are getting ready to migrate a site from the old Bootstrap version to Boot

Saturated Fats vs. Unsaturated Fats.

Saturated Fats vs. Unsaturated Fats Diffen  ›  Food  ›  Diet & Nutrition The human body needs both  saturated fats  and  unsaturated fats  to remain healthy. Most dietary recommendations suggest that, of the daily intake of fat, a higher proportion should be from unsaturated fats, as they are thought to promote  good cholesterol  and help prevent cardiovascular disease, whereas an overabundance of saturated fats is thought to promote bad cholesterol. However,  a few studies  have found that little evidence for a strong link between the consumption of saturated fat and cardiovascular disease. Note: It is technically more accurate to call saturated and unsaturated fats types of  fatty acids , as it is specifically the  fatty acid  found in a fat that is either saturated or unsaturated. However, referring to fatty acids as fats is common. Comparison chart Saturated Fats versus Unsaturated Fats comparison chart Saturated Fats Unsaturated Fats Type of bonds Cons