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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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PSG swoop for Fluminense starlet Wendel , says agent.

Paris Saint-Germain will reinforce their midfield with the latest Brazilian wonderkid Wendel in the January transfer window, the player’s agent told French daily L’Equipe on Wednesday.
The 20-year-old is under contract with Rio outfit Fluminense where he is enjoying a remarkable breakout season, but has now agreed to “a dream move to Paris”, the agent Carlos Henrique Brasil told L’Equipe.
 
The player would be seen as a long-term replacement for midfield general Thiago Motta, now 35, but may first be loaned out to Porto until next July.
“Whatever PSG decide Wendel is ready, he’s got lots of personality and lots of heart,” the agent said.
The ambitious French club signed two Brazilians in the striker Neymar and defender Dani Alves this summer and also have defenders Thiago Silva and Marquinos on their books.

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