Skip to main content

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...

French ex-president Sarkozy held in Libya financing probe.

Former French president Nicolas Sarkozy was taken into police custody on Tuesday for questioning over suspected Libyan financing of his 2007 election campaign, a source close to the inquiry told AFP.
Sarkozy, 63, had until now refused to respond to a summons for questioning in the case, which drew heightened scrutiny last November when a businessman admitted delivering three cash-stuffed suitcases from the Libyan leader as contributions towards the French leader’s first presidential bid.
Sarkozy’s detention was first reported by the Mediapart investigative news site and French daily Le Monde and comes several weeks after a former associate, Alexandre Djouhri, was arrested in London and later released on bail.
Djouhri was returned to pre-trial detention in February after France issued a second warrant for his arrest, ahead of a hearing scheduled for March 28.
A source close to the inquiry also said that Brice Hortefeux, a top government minister during Sarkozy’s presidency, was also questioned Tuesday as part of the inquiry.
Before his arrest in January, Djouhri, a 59-year-old Swiss resident, was well known among France’s rightwing political establishment, and had refused to respond to summons for questioning in Paris.
He has been a focus of the inquiry opened in 2013 by judges investigating earlier claims by late Libyan ruler Moamer Kadhafi and his son Seif al-Islam that they provided funds for Sarkozy’s election effort.
Sarkozy has dismissed the allegations as the claims of vindictive Libyan regime members furious over his participation in the US-led military intervention that ended Kadhafi’s 41-year rule.
Franco-Lebanese businessman Ziad Takieddine said he had made three trips from Tripoli to Paris in late 2006 and early 2007 with cash for Sarkozy’s campaign.
Each time he carried a suitcase containing 1.5 to 2.0 million euros in 200-euro and 500-euro notes, Takieddine claimed in a French media interview, saying he was given the money by Kadhafi’s military intelligence chief Abdallah Senussi.

Comments

Popular posts from this blog

How to Migrate from Bootstrap Version 3 to Advance Bootstrap 4.

This article would illustrate and expatiate on how to  migrate from Bootstrap 3 to Bootstrap 4 ? You’re in luck; today we’ll walk through the changes and new features between versions. The changes you need to make are generally just class renames and some set-up. To save you a lot of time scouring the changelog, I have compiled a list of the things you need to know when migrating from Bootstrap 3 to Bootstrap 4. We will start by discussing the changes made in Bootstrap 4 framework and how it will affect your website performance. Then we will examine the new way of  installing bootstrap and how the grid measurement unit  has change and how  flexbox can help on responsive designs . We will also discuss changes to some of the components and take a look what happens to JavaScript on the new version. Finally, we’ll take a look at some of the new components including cards, tooltips and flexbox. If you are getting ready to migrate a site from the old Bootst...

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...

BlackBerry: The Most Important Mobile Company of the Future?.

If you are like many, when you saw this headline you likely were surprised BlackBerry was still around. As BlackBerry phones left the market, the company fell out of sight. However, behind the scenes it has been moving into industries like automotive. Also, it remains the leading vendor providing mobile security to our politicians, military personnel and major corporations. As we move into an era when our smartphones become our key to everything, and when the machines around us are highly connected, mobile, and increasingly have our lives in their hands, the security of these things has become a critical weakness. Looking at autonomous cars alone, if a hostile agency were able to gain control over a critical mass of them, the potential for loss of life on a national scale could make any other man-made or natural disaster look trivial by comparison. I spent the last several days at a BlackBerry analyst event in New York, and I think the company is more important than Apple is to...