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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...

Polish president ‘sorry’ for Jewish persecution in 1968.


Polish President Andrzej Duda (R) and Adam Michnik, former oppositionist and chief editor of Gazeta Wyborcza attend a ceremony marking the 50th anniversary of student protests, at the Warsaw University in Warsaw on March 8, 2018. Polish President Andrzej Duda on Thursday, March 8, 2018, apologised to Jews chased out of the country 50 years ago during the communist regime’s anti-Semitic campaign. / AFP PHOTO / REPORTER / Andrzej IWANCZUK / Poland OUT
Poland’s president on Thursday apologised to Jews chased out of the country 50 years ago during the communist regime’s anti-Semitic campaign, as Warsaw faces criticism over its new Holocaust law.
“The free and independent Poland of today, my generation, is not responsible and does not need to apologise. But… to those who were driven out then… I’d like to say please forgive the Republic, Poles, the Poland of that time for having carried out such a shameful act,” Andrzej Duda said.
The 50th anniversary of the anti-Semitic campaign, which caused at least 12,000 Jews to leave Poland, amid heightened tensions with Israel over Warsaw’s new controversial Holocaust law.
Meant to defend Poland’s wartime image abroad, the law sets fines or up to three years in jail for anyone who notably ascribes Nazi German crimes to Poland.
But Israel sees it as a bid to deny that certain Poles participated in the genocide of Jews during World War II, while the US has also expressed concern over freedom of speech.
Duda delivered his apology at the University of Warsaw 50 years to the day after a student revolt there was crushed by baton-wielding police and later used as an excuse for the regime to unleash its racist campaign.
“What a shame, what a loss for the Polish Republic today that those who left — and some who are maybe dead because of 1968 — are not here with us today, that you are an intellectual elite but in foreign countries, that you are successful people but elsewhere, that your work, your research, your magnificent achievements are not credited to Poland,” Duda said.
“What a shame, I am so sorry.”
He recalled that Polish Jews took part in the country’s fight for independence a century ago and later defended it in 1920 against the Soviets and in 1939 against the Nazi Germans.
A couple hundred people attended the speech to protest against the rightwing Law and Justice (PiS) government and its various controversial actions since coming to power in late 2015.
Chanting “shame” and “constitution”, the protesters were notably upset over myriad court reforms introduced by the PiS that critics at home and abroad believe threaten the separation of powers.
Duda’s speech struck a different note than that of Prime Minister Mateusz Morawiecki on Wednesday, who had stressed that Poland was not an independent country in 1968 and thus could not be held responsible for the communist anti-Semitic campaign.
He had said Poles should be “proud” of their revolt against the communist regime instead of “being ashamed” of March 1968.
Before showing up at the university, Duda visited the train station in Warsaw where Jews boarded to leave Poland half a century ago. He laid a wreath and met with representatives of the Jewish community.

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