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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
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Barca promise to try again for Liverpool’s Coutinho.

Barcelona are planning a fresh assault on Liverpool’s Philippe Coutinho in the January transfer window, the Catalan club’s CEO Oscar Grau promised on Wednesday.
Barca were thwarted in their attempt to prise Coutinho away from Anfield during the summer with Liverpool placing a reported 200 million euros ($238 million) asking price on the midfielder.
Despite the player trying to engineer a move, Liverpool turned down his late transfer request during the close season window.
But Grau made clear the Spanish giants had not given up the chase.
“We are ready to sign Coutinho, or any other player (during the winter transfer window),” he told a press conference.
“We have the money,” Grau said, confirming the club’s announcement in July of record income of 708 million euros ($812.8m) for 2016/2017 with an after-tax profit of 18m euros.
Grau added: “The most important thing is the demands from the management, and we will do everything possible to meet them. We want to have the most competitive team possible.”
Barca experienced a tumultuous time during the summer transfer market, losing Coutinho’s compatriot Neymar to Paris Saint-Germain for a world record 222 million euros, and bringing in Ousmane Dembele from Borussia Dortmund for 105 million euros.
But Dembele has endured a nightmare start to life at the Camp Nou. The France international suffered a hamstring injury on his full La Liga debut ruling him out until January at the earliest.

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World markets dive as Trump sparks trade, North Korea worries

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