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
We’re Italy and if we qualify it will be by playing football,” coach Gian Piero Ventura insisted on Sunday on the eve of a crunch World Cup play-off against Sweden in Milan. Four-time world champions Italy need to overturn a 1-0 first-leg defeat to avoid missing out on the World Cup for the first time since 1958. “We need everything tomorrow — tactics, heart and determination,” Ventura told a press conference at the team’s Appiano Gentile training centre north of Milan. The 69-year-old remained jovial and defiant that his troops would be on the road to Russia, adding he was “amazed people are surprised we’re in the play-offs”. “We knew from the moment we picked Spain in the group phase that we’d be heading for the play-offs. Nobody can be surprised we reached this point. “I realise this is the way it works in Italy, but I didn’t expect all this,” he added of the reaction generated by the humiliation of an impending exit. “We started out with people talking