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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

Baby Donald Trump causes a stir in Afghanistan.

ink and white baby walker and rolls it around his family’s modest home in Kabul, blissfully unaware of the turmoil his “infidel” name is causing in the deeply conservative Muslim country.
The rosy-cheeked toddler’s parents named him after the billionaire US President in the hope of replicating his success. But now he is at the centre of a social media firestorm in Afghanistan after a photo of his ID papers was posted on Facebook.
A self-confessed fan of the American tycoon turned leader of the free world, Sayed Assadullah Pooya said he and his wife have been inundated with “vulgar and insulting” comments attacking their choice of name for their third child.
Some Facebook users have gone as far as threatening to kill Sayed for giving his son an “infidel name”, while others have accused him of endangering the boy’s life.
There are even suggestions Sayed is using the moniker to wangle asylum in the United States — a charge the 28-year-old teacher vehemently denies.
“I didn’t know at the beginning that Afghan people would be so sensitive about a name,” Sayed told AFP, as Donald played with a music app on his father’s Samsung smartphone in their carpeted room.
Sayed says someone posted the picture online, sparking the controversy that forced him to close his Facebook account.
Even Sayed’s neighbours in the heavily Shiite area of Kabul where they live have threatened the family and told them to leave.
“When I go out of the house I feel intimidated,” he said.
Inspired by Trump
Donald was born in the central province of Daikundi, a few months before the 2016 US presidential election, on the farm where Sayed’s parents and grandparents grew almonds, wheat and corn.
Sayed was inspired to call his son Donald Trump after reading the Persian language versions of the businessman’s books, including “How to get rich”, which he borrowed from the local library.
“I did a lot of research about him and that motivated me to choose his name for my son,” he explained.
He hopes his son will “be as successful”, adding that photos of the older Trump already make his younger namesake “happy”.
But bemusement turned to anger when Sayed’s parents realised the couple were serious about the name. As relations broke down the young family moved to Kabul, and they are now estranged from their relatives.
Their life could not be more different from the one enjoyed by their son’s namesake, who divides his time between the White House and his Mar-a-Lago resort in Florida.
The family of five is squeezed into a spartan room overlooking a small courtyard and outdoor bathroom, which they rent for 2,000 Afghanis ($30) a month.
Beyond their metal front gate is a warren of dirt lanes barely wide enough for a car, mud-brick houses and putrid open drains.
A few blocks from their house several drug addicts loll on a grassy strip in the middle of a busy road injecting themselves or sleeping off a hit.
During the interview, Sayed’s wife Jamila washed the family’s dirty clothes in a small machine outside while keeping an eye on the couple’s daughter Fatima, nine, and eldest son Karim, eight.
Despite the controversy Donald’s parents have not broken the law by giving their son an un-Islamic name, according to Rohullah Ahmadzai, a senior advisor at the Population Registration Office in Kabul.
He said they have the legal right “to name their children whatever they want” — even after American presidents.
While Sayed is worried about his family’s safety, particularly Donald’s, he remains stubbornly unrepentant.
“It’s likely… that he will be harassed or beaten by his classmates,” he said matter of factly.
“I won’t reconsider (his name). To hell with the other people.”

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