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...
At least four people died when a 42-year-old Soviet-built cargo aircraft crashed into the ocean while trying to land in Abidjan, capital city of the Ivory Coast.
The aircraft, which was carrying cargo for the French military broke up after crashing onto the beach.
Several members of the crew survived according to reports on local media.
The airport management company confirmed that six of the crew were injured with two of them in a serious condition.
Locals attached ropes to the aircraft's tail in an effort to drag the wreckage back ashore to assist crash investigators.
The aircraft, which was carrying cargo for the French military broke up after crashing onto the beach.
Several members of the crew survived according to reports on local media.
The airport management company confirmed that six of the crew were injured with two of them in a serious condition.
Locals attached ropes to the aircraft's tail in an effort to drag the wreckage back ashore to assist crash investigators.
Comments
Post a Comment