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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...

Weapons Cahe found at Las Vegas Shooter's house.

Authorities said Monday they had recovered a weapons cache including firearms, explosives and ammunition from a house owned by Las Vegas gunman Stephen Paddock, as they upped the death toll from the attack to 59.
Sheriff Joseph Lombardo said officers searching the house in Mesquite, Nevada recovered "in excess of 18 additional firearms, some explosives and several thousand rounds of ammo, along with some electronic devices we're evaluating at this point."
Lombardo said the death toll from the Sunday night assault on an open-air concert on the Vegas Strip had risen to 59, while 527 people had been injured.
He said law enforcement were working four separate crime scenes: Paddock's room at the Mandalay Bay hotel, the concert venue, the gunman's house in Mesquite, and another house he owns in northern Nevada which a SWAT team was poised to raid.
The arsenal uncovered in Mesquite comes on top of at least 16 firearms discovered in the Vegas hotel room, from which Paddock launched the deadly assault before killing himself.
Lombardo said investigators had discovered several pounds of an explosive called tannerite in the Mesquite home, as well as ammonia nitrate, a type of fertilizer, in the gunman's car.
Asked if they had discovered anything to bolster the claim of responsibility by the Islamic State group, Lombardo replied:
"Good for them -- no, we have no evidence of that."

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