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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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Five Cameroonian soldiers killed in suspected Boko Haram attack.

Five Cameroonian soldiers have been killed in an attack on a military post in the far north of the country, sources told AFP on Tuesday.
The five, one of whom was an officer, were killed on Monday night in the village of Sagme, close to the Nigerian border and the Lake Chad region, according to relatives and local sources. Three other soldiers were wounded.
No one has claimed responsibility for the killings but the area has seen many incursions by the Nigerian jihadist group Boko Haram in the past.
The Cameroonian army has not commented.
Cameroon, along with Chad and Niger, has joined a military effort by Nigeria to crush Boko Haram, a militant movement opposed to Western influence and seeking an Islamic state based on Sharia law, but the countries have increasingly seen the conflict spread across their borders.
Since 2014, the group has killed 2,000 civilians and soldiers and kidnapped about 1,000 people in northern Cameroon, according to an analysis by the International Crisis Group (ICG) think tank.
Boko Haram has caused the deaths of at least 20,000 people since it took up arms in 2009.
In December, a report by the UN Committee against Torture denounced “serious crimes and atrocities” by Boko Haram in Cameroon but also said it had great concern over reports of abuse by Cameroonian security forces.

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World markets dive as Trump sparks trade, North Korea worries

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