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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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Syria’s Assad calls US-backed Kurdish fighters ‘traitors’.

Syrian President Bashar al-Assad called US-backed Kurdish fighters “traitors” Monday, ramping up the rhetoric against the forces controlling more than a quarter of the country.
“When we talk about those referred to as ‘the Kurds’, they are in fact not just Kurds. All those who work for a foreign country, mainly those under American command… are traitors,” he said.
“This is how we see these groups working for the Americans,” he said.
 
Assad had criticised the semi-autonomous Kurds in the past, but his latest remarks, released by the presidency on social media, were more virulent than usual.
The Kurdish minority accounts for an estimated 15 percent of Syria’s population and the Kurdish People’s Protection Units (YPG) control a large chunk of territory in the country.
Both Damascus, backed by Russia, and the Kurds, backed by a US-led coalition, have fought the Islamic State group in recent months.
But their common enemy has been defeated across much of the country now, leaving the Kurdish-dominated Syrian Democratic Forces and regime forces in an uneasy face-off.
Some senior regime officials had in the past made overtures to the Kurds, suggesting some level of autonomy could be eventually be discussed, but Assad’s latest comments augur poorly for any future talks.

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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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