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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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UN chief asks Cameroon to probe attacks on anglophones.

UN Secretary General Antonio Guterres has called on Cameroon to probe deadly attacks in the country’s restless English-speaking region after protests leading to a symbolic declaration of independence.
At least 17 people were killed in weekend attacks in mostly French-speaking Cameroon’s southwest, a region once under British rule.
Guterres “calls on the Cameroonian authorities to investigate these incidents”, his spokesman Stephane Dujarric said in a statement late Monday.
He called on “political leaders on both sides to appeal to their followers to refrain from any further acts of violence, and to unequivocally condemn all actions that undermine the peace, stability and unity of the country.”
Guterres also urged “representatives of the Anglophone community to … (seek) solutions to the community’s grievances, within the framework of the Cameroonian constitution.”
Amnesty International said “at least” 17 people had been killed by security forces.
On Sunday, separatists used the October 1 anniversary of the official unification of the English- and French-speaking parts of Cameroon to declare independence for “Ambazonia” — the name of the state they want to create.
Anglophones account for about a fifth of the West African nation’s population of 22 million.
English-speakers complain they have suffered decades of economic inequality and social injustice at the hands of the French-speaking majority.

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World markets dive as Trump sparks trade, North Korea worries

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