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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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Trump ‘morally unfit’ for office, fired FBI chief Comey tells ABC.


FILE PHOTO: Former FBI Director James Comey testifies before a Senate Intelligence Committee hearing on Russia’s alleged interference in the 2016 U.S. presidential election on Capitol Hill in Washington, U.S., June 8, 2017. REUTERS/Jonathan Ernst/File Photo
Donald Trump is “morally unfit” to be president of the United States, former FBI director James Comey told ABC in an interview broadcast on Sunday.
“I don’t buy this stuff about him being mentally incompetent or early stages of dementia,” Comey said of Trump, according to a transcript from ABC.
“I don’t think he’s medically unfit to be president. I think he’s morally unfit to be president,” he said.
“Our president must embody respect and adhere to the values that are at the core of this country. The most important being truth. This president is not able to do that,” he said.
Trump fired Comey in May 2017, citing the FBI’s behavior in investigating Democrat Hillary Clinton and its probe into possible Trump campaign collusion with Russia to tilt the 2016 presidential election.
Just 11 days before the election, Comey announced that the FBI would reopen an investigation into Clinton’s possible misuse of a private email server while she was secretary of state — a move she has said played a part in her loss to Trump.
The president lashed out at Comey in a series of tweets earlier Sunday, saying that the email probe was handled “stupidly” and calling Comey a “slime ball.”

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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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