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
Chelsea manager Antonio Conte continued his ongoing feud with Jose Mourinho on Saturday by calling the Manchester United manager “a little man”.
Mourinho made a pointed comment about match-fixing during the week, a reference to the four-month suspension Conte was handed in the 2012/2013 season.
His offence was his failure to report match-fixing at his previous club Siena.
He was later cleared by an Italian court of any wrongdoing.
“I think when you try to hurt a person, especially if you know very well the truth of what happens, the court proved my innocence.
“When you do this it means you are a little man,” Conte said after Chelsea’s 0-0 FA Cup third-round draw at Championship side Norwich City.
“But this is the not the first time. He does this in the past and he continues to do this in the present.”
Mourinho and Conte have never been friends but their relationship deteriorated this week after Mourinho spoke about some managers behaving “like a clown” on the touchline.
This was taken as a reference to Conte and Liverpool’s Juergen Klopp.
In response on Friday, the Chelsea manager accused the Portuguese of “senile dementia”, which led to Mourinho saying he had not mentioned any names.
“This is his way, it is no surprise. We all know him,” Conte said. “Life will go on, I‘m not worried about him.”
Conte refused to criticise his players after making nine changes for the match against Norwich.
“It’s a bit frustrating. We knew the difficulty of the game. When you play away in this competition it’s not easy,” he said.
“In the first half we had difficulty to attack but in the second half we created chances to score.
“Norwich deserve to have another game. For us it’s not simple to add another game in the schedule. These are the rules though.”
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