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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...

Wenger says manchester city are not invicible.



Manchester City have opened up an eight-point gap at the top of the English Premier League, but Arsenal manager Arsene Wenger is not convinced they can have an unbeaten season.
Pep Guardiola’s side have scored 38 goals along the way, prompting some to be predicting an unbeaten season for them.
City have won 10 of their opening 11 games, and only a home draw against Everton in August deprived them of a perfect start.
Their 3-1 win over Arsenal earlier this month extended their winning streak to 15 games in all competitions.
Arsenal are the only team to go unbeaten throughout an entire Premier League season, and that was 2003-04.
When asked whether City could emulate his “Invincibles” the Frenchman said there was still a long way to go.
“They are a good side but they are not an unstoppable side,” Wenger said.
“People always want to predict what will happen in the game.
“I don’t know more than you. Maybe, maybe not, but at the moment only one team has done it”.
Arsenal, who trail City by 12 points in sixth, host Tottenham Hotspur in the north London derby on Saturday.

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