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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...
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Four aid workers killed by boko haram early today.

Four aid workers were killed in a Boko Haram attack in Rann, in northeast Nigeria, the UN said on Friday, in the latest violence to hit the remote town.
The attack happened “after dark” outside a camp housing some 55,000 people displaced by the conflict and appeared to target the military, said UN spokeswoman Samantha Newport.
A civilian militia source in Rann, which is some 175 kilometres (110 miles) from the Borno state capital of Maiduguri, and a senior military source gave an identical death toll.
They also said eight soldiers were killed in the attack but there was no immediate official confirmation.
Newport said: “Four aid workers were killed, one aid worker was injured and one aid worker is missing, feared abducted.
“Of the aid workers that were killed, two worked for the IOM (International Organization for Migration) in camp management; and one was a medical doctor working as a third party consultant for UNICEF,” the UN children’s agency, she said.
No details were immediately available for the fourth but Newport said the injured and missing were both women. All those involved were Nigerian, she added.
Boko Haram fighters killed nine people from the Rann internally displaced persons (IDP) camp in September last year, as they worked on farms just outside the town.
In January last year, a botched Nigerian air strike intended to hit jihadist fighters killed at least 112 people as aid workers distributed food.
Commanders at the time called the bombing a mistake and blamed “the fog of war”.
An air force board of inquiry later blamed “lack of appropriate marking of the area” for the bombardment and an unexpected gathering of people at the location.

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