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
A healthcare crisis put British Prime Minister Theresa May on the defensive at her first weekly parliamentary questions of 2018 on Wednesday following a report about cuts in cancer care.
The questions followed a report in Wednesday’s edition of The Times which said a leading hospital was delaying the start of chemotherapy for patients due to a 40-percent shortfall of nurses in the relevant medical unit.
Andrew Weaver, head of chemotherapy at Churchill Hospital in Oxford, is also reportedly considering reducing the number of treatment cycles used to alleviate symptoms, rather than cure patients, due to staff shortages.
The hospital has denied any change in policy.
May dismissed the report but apologised for the postponement of tens of thousands of operations over January due to a surge in demand at the state-run National Health Service during the winter period.
“I fully accept that the NHS is under pressure over winter… I apologise to those people who have had their operations delayed,” May said after a barrage of questions from Labour leader Jeremy Corbyn.
“The reality in our NHS is that we are seeing 2.9 million more people now going to accident and emergency, over two million more operations taking place each year,” she said.
Corbyn also mocked May over reports that she had intended to sack Health Secretary Jeremy Hunt but was “too weak” to do so in a cabinet reshuffle earlier this week.
NHS staffing levels have been in crisis for months.
There are 40,000 vacant nurse posts in England, according to the Royal College of Nursing, but the numbers applying to study the subject are also falling.
According to the Nursing and Midwifery Council, 27 percent more nurses and midwives left the job between 2016 and 2017 than joined.
Numerous doctors have taken to social media in recent weeks to apologise to patients, with one emergency doctor in central England warning of “third-world conditions”.
NHS England last week recommended all hospitals defer non-urgent appointments and operations until the end of the month, except for cancer operations and “time-critical procedures”.
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