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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

List of English Homophones everyone should know.

1. ate, eight
ate (verb): This is the simple past tense of the verb “to eat.”
I ate an entire pizza and now I’m really full and tired.
eight (noun): The number after seven and before nine.
Charles will wake up at eight o’clock tomorrow morning.
Interesting note: There is a popular children’s joke that goes like this:
Q: Why was 6 afraid of 7?
A: Because 7 ate 9.
Yes, it’s pronounced “because 7 8 9,” and yes, it’s a pretty bad joke. But most kids’ jokes are bad.
2. bare, bear
bare (adjective): If something is bare, it means that it’s not covered or not decorated.
Tom likes to walk around his house in bare feet. He says it’s more comfortable than wearing shoes.
bear (noun): A large mammal.
When you go camping, you should be careful to not leave any food or anything with a scent in your tent because they can attract bears.
Interesting note: Bears are often popular characters in stories and cartoons.
3. buy, by, bye
to buy (verb): A synonym of “to purchase.” It’s probably one of the first verbs you learned.
I forgot my money at home. Do you think you could buy me lunch and I’ll pay you back tomorrow?
by (preposition): This can be used in many different ways. It’s commonly used to mean “next to” or “near” when describing a location. It can also indicate who created something.
My favorite autobiography is “The Autobiography of Malcolm X.” It’s written by Malcolm X and Alex Haley.
bye (exclamation): This is a shortening of “goodbye.”
I’ve got to go now, so bye! See you on Sunday!
Interesting note: This is a set of three homophones, but you could also possibly include the prefix “bi-.” It means “two,” as in “bipedal” (something that uses two legs), but it can also be an adjective as an abbreviation for “bisexual.”  So if you include “bi,” then this can actually be a set of four homophones!
4. cell, sell
cell (noun): A cell is a small area or room, usually in a prison. A cell can also be one of the smallest divisions of a living organism.
The prisoner spent 10 years in his cell.
to sell (verb): To exchange a product or service for money. Like “buy,” it was probably one of the first verbs you learned.
We would like to sell our car, but we don’t think we’d get very much money for it.
Interesting note: Monks (men) and nuns (women) are two groups of religious people who live in monasteries or convents. Their rooms are also called “cells,” and they actually do look a bit similar to a prison cell!
5. dew, do, due
dew (noun): Dew is the name for small drops of water that accumulate (gather) on plants and other objects outside during the night.
When I went outside early in the morning, the dew on the grass made my shoes wet.
to do (verb): This common verb is used to indicate an action. It can also be an auxiliary verb.
What do you usually do on Friday nights?
due (adjective): This is used to indicate the deadline (final day) that something can happen. It’s also used to indicate when a baby will probably be born.
My friend is pregnant. Her baby is due in October.
Interesting note: The soft drink company Mountain Dew played with this homophone set with its motto “Do the Dew.“
6. eye, I
eye (noun): The part of your body that you use to see.
My eyes hurt when I read. I think I need a pair of glasses.
I (pronoun): A first person singular subject pronoun.
I really hope you know what this word means.
Interesting note: This can actually be a three-word homophone if you include the word “aye.” That’s an old-fashioned way of saying “yes.” You might hear people on boats show that they’re following an order by saying “Aye-aye, captain!” And there’s a strange-looking animal called an “aye-aye,” also. I learned that just a minute ago, so even native speakers learn new words every day!
7. fairy, ferry
fairy (noun): A mythical creature that can often do magic.
There is a fairy named Tinkerbell in the story “Peter Pan.”
ferry (noun): A ferry is a boat that moves passengers and vehicles across water. It’s used for long distances or places where there are no bridges.
The ferry in Costa Rica is really hot and incredibly badly organized. At least the trip only takes an hour.
Interesting note: There is a common mythical fairy in some parts of the world called the Tooth Fairy. She’s especially popular in the USA. The story is that when a child loses a tooth, he or she should put the tooth under their pillow. Then, while they sleep, the Tooth Fairy will replace the tooth with a coin.
8. flour, flower
flour (noun): This is the main ingredient in bread. It’s a powder made from ground grains.
Tony wanted to make a cake, but he didn’t have any flour, so he couldn’t.
flower (noun): The decorative, colorful part of a plant.
If you want to give flowers to somebody you love, avoid white roses. They are often given when someone dies.
Interesting note: In some languages, there is an element that has a name similar to “flour.” But in English, the element is called “fluoride,” and the “u” is silent.

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