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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...

Israel hits Syrian artillery after Golan fire.



The Israeli army attacked Syrian government artillery on Saturday after fire across the armistice line hit the Israeli-occupied Golan Heights and warned it would intensify such retaliation in the future.
The Syrian government controls only party of the territory on the other side of the line, with the rest in the hands of rebel groups, one of them affiliated to the Islamic State group.
But the Israeli army said it would retaliate against the Syrian army, regardless of who was responsible for any fire and of whether it was deliberate or unintentional.
Israeli forces identified four hits from five rounds launched at the northern Golan from Syria, the army said, without reporting any casualties or damage.
“In response to the projectiles that hit Israel, the IDF (Israel Defence Forces) targeted three artillery cannons of the Syrian regime in the Syrian Golan Heights,” it said.
“Any future occurrences will force the IDF to intensify its response,” the army said, adding that it held “the Syrian regime accountable for any aggression from within its territory.”
Israel has sought to avoid becoming directly involved in the six-year civil war in Syria, although it has systematically responded to fire across the armistice line on the Golan.
It also acknowledges carrying out dozens of air strikes against Hezbollah forces in Syria to stop what it calls advanced arms deliveries to the Lebanese Shiite militant group, which is a key ally of the Damascus government.
Israel fought a devastating 2006 war with Hezbollah and has voiced concern that the group’s involvement in Syria risks opening up a new front.
Israel seized 1,200 square kilometres (460 square miles) of the Golan Heights from Syria in the Six-Day War of 1967 and later annexed it in a move never recognised by the international community.
The two countries remain technically at war, although before the eruption of the conflict inside Syria in 2011 the armistice line remained largely quiet.

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