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
The Hollywood sexual abuse scandal widened Monday after 38 women were reported to have accused US film director James Toback of unwanted sexual encounters over a period of decades.
Toback reeled them in with boasts about his movie career and connections and with claims he could make them a star, according to their accounts to the Los Angeles Times.
But in meetings framed as interviews or auditions, he allegedly would turn disturbingly personal, with questions veering to masturbation and pubic hair, the Times said.
“He told me he’d love nothing more than to masturbate while looking into my eyes,” Louise Post, who met Toback in 1987 while attending Barnard College, told the Times.
“Going to his apartment has been the source of shame for the past 30 years, that I allowed myself to be so gullible,” said Post, who is now a guitarist and singer for Veruca Salt, an indie rock band.
Toback denied the allegations, telling the Times he had never met the women or if he did it “was for five minutes and have no recollection.”
Toback, who is now 72, has been a writer and film director since 1974. His most recent movie “The Private Life of a Modern Woman,” starring Sienna Miller, premiered this year at the Venice Film Festival.
In 1987, he made the semi-autobiographical “The Pick-up Artist.”
Other credits include the Oscar-nominated screenplay for “Bugsy,” directed by Barry Levinson and starring Warren Beatty and Annette Bening.
The Times said it interviewed all 38 women who came forth separately — 31 of them on the record — as well as people they had spoken to about the incidents at the time.
None had reported the encounters to the police at the time.
A cascade of accounts by women of sexual abuse has flooded social media under the hashtag #MeToo since a similar scandal surrounding movie mogul Harvey Weinstein erupted earlier this month.
A Who’s Who of actresses and models have come forward to accuse Weinstein of rape, sexual assault and harassment, and of using his intimidating power in Hollywood to keep his behaviour hushed up.
Weinstein, who is reported to have checked himself into a rehab program in Arizona for sexual addicts, insists all his sexual encounters have been consensual.
Criminal investigations in his case are underway in New York, London and Los Angeles.
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