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 package exploded early Tuesday at a FedEx distribution facility in Texas, news reports said, two days after the latest in a series of blasts in Austin attributed to a serial bomber.
This time the explosion rocked a facility in the town of Schertz, in the San Antonio area. Reports said one employee was injured.
The Washington Post, quoting the FBI, reported that the package had been bound for Austin, the state capital.
Hundreds of police officers and FBI agents are searching for a mysterious “serial bomber” after Sunday’s blast in Austin — the fourth this month — left two young men seriously injured and the city on edge.
Police said the explosion was connected to three previous bombings in Austin and the bomber used a tripwire in the latest attack, showing a higher level of skill.
“We’re clearly dealing with what we expect to be a serial bomber at this point,” Austin police chief Brian Manley told reporters.
But Manley said police have been unable to determine a motive for the bombings that have killed two people in the city of nearly one million people and injured another four.
“Is this terrorism? Is it hate-related?” Manley asked. “As we said from the very beginning, we were not willing to classify this as terrorism, as hate, because we just don’t know enough.”
In the earlier bombings, two African American men were killed by packages left on their doorsteps, raising the possibility of a racially motivated crime. A 75-year-old Hispanic woman was also injured in a blast.
But Manley said the bombing Sunday seriously wounded two white men aged 22 and 23 as they walked along a sidewalk or on the road in a quiet residential neighborhood.
He said it appeared random and was triggered by a tripwire.
Manley said the use of a tripwire also means police are dealing with someone who “shows a higher level of sophistication, a higher level of skill” than initially believed.
Manley appealed to the bomber to contact the authorities and to the public to report anything suspicious.
“I will reach out to the suspect or suspects and ask that you contact us, ask that you reach out to us, communicate with us so that we can put this to an end,” Manley said. “There are innocent people getting hurt in this community and it needs to come to a stop.”
The authorities said they were increasing the reward offered for information leading to an arrest, bringing the total city and state bounty money to $115,000.
An exploding package killed 39-year-old Anthony House on March 2. A 17-year-old African American teenager, Draylen Mason, was killed on March 12 and the Hispanic woman was critically injured the same day.
All of the cardboard packages were hand-delivered, not sent through the mail, and the bombs were built with household items available at hardware stores.
A task force of hundreds of members of law enforcement are working the case, including criminal profilers and experts from the Federal Bureau of Investigation and the Bureau of Alcohol, Tobacco and Firearms (ATF).
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