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
Firefighters and police officers work at the site of a blast in a supermarket in Saint Petersburg on December 27, 2017. / AFP PHOTO / Olga MALTSEVA
Russian President Vladimir Putin on Thursday called an explosion that tore through a Saint Petersburg supermarket, wounding 13 people, “an act of terror.”
“As you know, an act of terror took place in Saint Petersburg yesterday,” he said at a meeting of military officers in the Kremlin.
The homemade bomb went off in a locker at the supermarket on Wednesday evening, officials said.
Anna Mityanina, vice governor of Saint Petersburg, which is Russia’s second city, said on Twitter that of the 13 wounded eight remained in hospital care.
Five people declined to be hospitalised, she added.
The explosion occurred at around 1845 local time (1545 GMT) as Russians geared up to celebrate the New Year — the country’s biggest holiday — followed by Russian Orthodox Christmas, which falls on January 7.
Officials earlier said 10 people had been injured, saying the bomb had the power equivalent to 200 grammes of TNT.
In a sign of the severity of the situation, the case was overseen by Russia’s National Anti-Terror Committee even though authorities initially opened a probe into attempted murder.
The committee said the explosion went off after “a criminal placed an unidentified explosive device in a storage locker.”
The blast comes after a suicide bombing killed 15 people and wounded dozens on the Saint Petersburg metro in April.
That bombing was claimed by a group linked to Al-Qaeda which said it was a message to countries engaged in war with Muslims, a veiled reference to Russia’s military campaign in Syria.
Earlier this month Russia’s FSB security service said it had arrested members of the Islamic State group who had planned to blow up the Kazan Cathedral, one of Saint Petersburg’s most famous landmarks, among other crowded places.
The Kremlin has said that those attacks were prevented thanks to intelligence provided by America’s Central Intelligence Agency.
Saint Petersburg, Russia’s former Imperial capital, will host World Cup matches next year.
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