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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

Barca travel to Madrid amid Catalan crisis.

The biggest game of the La Liga season so far is shrouded in political tension as Barcelona visit Atletico Madrid on Saturday in their first trip to the Spanish capital since a Catalan independence referendum marred by violence.
Barca played their last match behind closed doors as the October 1 referendum, deemed illegal by the Spanish government, took place amid chaotic scenes as police seized ballot papers and clashed with voters leaving 92 injured, among nearly 900 who sought medical attention.
“It was one of the worst moments we’ve experienced,” Barca captain Andres Iniesta told Catalunya radio this week. “It was a bit surreal.”
Iniesta, 33, signed a first ever “contract for life” at Barca last week, a day after calling on both sides of the political spectrum to negotiate.
However, deep divisions remain despite Catalonia president Carles Puigdemont’s decision to suspend the effects of a unilateral declaration of independence on Tuesday.
“It has reached a point which isn’t good for anyone,” added Iniesta. “Those in charge have to resolve it.”
Only 250 tickets have been made available to away fans at Atletico’s new 68,000 capacity Wanda Metropolitano.
However, many Atletico fans have taken to social media to encourage supporters not to politicise the match by waving Spanish flags by using the hashtag “our flag is red and white” on Twitter.
– Pique ‘admirable’ –
Barcelona defender Gerard Pique has been outspoken in his call for Catalonia’s right to self-determination, although he has never publicly backed independence for the region.
Pique was jeered when playing for Spain in Alicante last week, but he received support for his willingness to speak out from Atletico defender Filipe Luis.
“I am a fan of Pique even if at times I don’t agree with what he says,” the Brazilian told El Mundo.
“He puts himself out there, he doesn’t hide behind his fame to not say what he thinks.
“It is admirable and I wish more footballers were like him.”
Despite a series of distractions, including the loss of Neymar to Paris Saint-Germain and calls for Barca president Josep Maria Bartomeu to resign on top of the Catalonia crisis, Barca have started La Liga with a perfect record after seven games.
That spectacular form has been thanks to Lionel Messi’s 14 goals in 11 appearances for Barca this season, and the five-time World Player of the Year also rescued Argentina’s floundering World Cup qualifying campaign with a stunning hat-trick against Ecuador on Tuesday to ensure their place in Russia next year.
“Messi is so good he can win La Liga himself with a mediocre team, which isn’t the case,” added Luis.
“Barca have remained at the top for so many years thanks to him.”
Atletico have yet to beat Barca in 11 La Liga meetings since Diego Simeone took charge in 2011.
However, Barca are often vulnerable immediately after an international break with the likes of Messi and Luis Suarez only returning to training in Barcelona on Friday.
“We are coming from the national team and they are an opponent that demands 200 percent from you,” added Iniesta.
“If we are not at the level required, we don’t stand a chance.”
Iniesta is, though, expected to be fit after missing Spain’s final World Cup qualifiers with a hamstring strain.
Real Madrid are seven points adrift of Barca, but can close the gap at the top earlier on Saturday when they travel to Getafe.
However, Real coach Zinedine Zidane will have to cope without the injured Gareth Bale, Keylor Navas, Dani Carvajal and Mateo Kovacic.
Fixtures (all times GMT)
Friday
Espanyol v Levante (1900)
Saturday
Athletic Bilbao v Sevilla (1100), Getafe v Real Madrid (1415), Alaves v Real Sociedad (1630), Atletico Madrid v Barcelona (1845)
Sunday
Eibar v Deportivo la Coruna (1000), Girona v Villarreal (1415), Malaga v Leganes (1630), Real Betis v Valencia (1845)
Monday
Las Palmas v Celta Vigo (1900)

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