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
England have been warned by Sven-Goran Eriksson that they will never win the World Cup for as long as the Premier League refuses to introduce a winter break.
The Three Lions will go in search of global glory once again this summer, with Gareth Southgate the latest man to be charged with the task of delivering on expectation.
There is slightly less pressure on the current boss than Eriksson faced during his spell at the helm, with the Swede having worked with the so-called ‘Golden Generation’ between 2001 and 2006.
He suffered two quarter-final defeats on a World Cup stage and fears England will struggle to progress much past that point while players continue to be pushed to breaking point domestically.
Eriksson told The Offside Rule Exclusives : “In 2006 I thought we should win it, I thought there wasn’t any team better than us, so that was a huge disappointment.”
He added on the class of 2018: “I think they have a good chance and I’m positive they will do well. They have a lot of new young players who are doing great in the Premier League but they need luck with injuries.
“That’s always a big problem for England, that and tiredness. I’ll say it again, they will never win the World Cup if there isn’t a winter break.”
Pressed for any advice he would offer to Southgate, Eriksson said: “Do it your way, use your head, don’t listen to other people and don’t read the press.”
Eriksson has spent time in domestic and international management since leaving the England post, with Manchester City, Leicester and Mexico among the sides he has worked with.
He is now 70, but there remains a desire on his part to stay in football and he has not ruled out taking ownership of a team at some stage in the future.
“I will probably go into football in another way. Maybe on TV,” he explained. “Then I think about buying a football club somewhere, not in England, it’s so expensive.
“It won’t be in Sweden either because of the rules about club ownership. But, I am planning something which is going to be on a very low level in another country.
“I’m not quite ready to slow down. Football has been my life and I miss it. I miss the Saturday or Sunday afternoons when the adrenaline in the body goes up, it’s just not the same watching it on the TV.”
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