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
Kim Jong-un has become the first North Korean leader to step into the South for 65 years as he met with President Moon Jae-in for a historic peace summit on Friday.
The dictator crossed the 38th parallel and warmly shook hands with his sworn enemy before both men walked side-by-side to a welcome ceremony attended by flamboyantly-dressed South Korean soldiers. Moving on to the truce village of Panmunjom, Kim signed the guest book at the Peace House, which will be the venue for talks focusing on whether the North can be persuaded to give up its nuclear bombs. 'New history starts from now, at the historic starting point of an era of peace,' he wrote. In televised talks shortly afterwards, Kim said he was ready for 'heartfelt, sincere and honest' discussions with Moon, although he did not mention denuclearization. Kim and Moon walk together alongside a South Korean welcome guard at the border village of Panmunjom in the Demilitarized Zone. http://www.dailymail.co.uk/news/article-5662577/Kim-Jong-prepares-walk-history-Korean-summit.html
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Kim was greeted by Moon at 9.30am local time (8.30pm EST/12.30am GMT) before the pair walked together through Panmunjom accompanied by a militaryband playing folk songs.
A crowd of South Koreans waving Korean Unification flags watch progress at the Inter Korean Summit on a screen in the city of Paju on Friday. Moving onto the truce village of Panmunjom, Kim signed the guest book at thePeace House, which will be the venue for talks that will focus on whether the North can be persuaded to give up its nuclear bombs. Two fifth-grade students from the Daesongdong Elementary School, the only South Korean school within the DMZ, greeted the leaders and gave Kim flowers
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A convoy transporting South Korean President Moon Jae-in leaves the Presidential Blue House in Seoul on the way to the inter-Korean summit
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