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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...

Burundi rejects war crimes probe but opposition welcomes it.



Burundi on Friday rejected plans by the International Criminal Court (ICC) to allow prosecutors to investigate war crimes in the central African nation, while rights groups and opposition politicians welcomed the move.
Justice Minister, Aimee Kanyana said Burundi would not cooperate with the Netherlands-based court, from which it formally withdrew on Oct. 26.
The ICC still claims jurisdiction over crimes committed while Burundi was a member.
“The government of Burundi heard a rumour through international media reports that ICC has given authorisation to its prosecutor to start an investigation on Burundi.
“The government rejects that decision and reiterates its firm determination that it will not cooperate with ICC or any other fraudulent manipulation intending to extend mandate of the ICC on the Burundi territory,” Kanyana said at a news conference.
On Thursday, the court said it had approved a prosecution request to investigate war crimes allegedly committed by Burundi’s government and allied groups against political foes from April 2015 to Oct. 2017.
Burundi was plunged into violence in April 2015, when President Pierre Nkurunziza announced that he would seek a third term in office.
The opposition said the move was unconstitutional and violated a peace deal that ended a civil war in 2005.
He won the vote in a July 2015 election boycotted by most opposition parties.
At least 450 people had been killed in politically-related violence since then, rights groups said.
The ICC said on Friday that the crimes, which were alleged to have occurred between April 2015 and October 2017, include murder, imprisonment, torture, rape, enforced disappearances and persecution.
UN rights investigators and independent activists have accused government forces of widespread violations and running a campaign of terror.
Around 400,000 people have fled to neighbouring countries amid the unrest, which has crippled Burundi’s economy.
Charles Nditije, exiled Head of Burundi’s opposition platform CNARED, welcomed the ICC’s announcement.
“The good news is that top government officials responsible for crimes against humanity and other atrocities will be prosecuted,” he said.
“It is a victory for justice in Burundi, it is a victory for those, who want the return of peace and rule of law in Burundi.”
Armel Niyongere, a lawyer representing families of victims of the violence said he would help the investigation.
“The ICC decision is an important victory for the victims of Burundi regime’s repression.
“On our side, we will continue to work more closely with the office of ICC prosecutor until justice is done,” he said.

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