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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

Turkey deports hundreds of Afghan migrants after influx.

Turkey was on Sunday deporting hundreds of Afghan migrants back home on special flights, in a major operation after thousands illegally entered the country in recent weeks.
Early Sunday morning 227 Afghan migrants boarded a charter flight from Erzurum in northeastern Turkey back to Kabul, the Dogan news agency said.
It said a total of 691 Afghan migrants would be deported this week with two more flights expected from Erzurum to Kabul later. The flights are being provided by an Afghan airline.
Dogan news agency quoted migration officials in Erzurum as saying Turkey planned to deport all 3,000 Afghan migrants who were currently in Erzurum.
In Kabul, officials denied that the refugees were being deported, insisting they were coming back home at their own choice.
“A number of Afghan refugees are coming back to the country of their own will,” said Islamuddin Jurat, spokesman for the ministry of refugees and repatriations.
“They are the ones who wanted to use Turkey as a transit route to other countries, but when they failed they decided to come back.”
– ‘Will come back’ –
Turkey is a major hub for migrants from Afghanistan and other troubled nations seeking to cross from Asia into Europe in search better lives and work.
Over a million migrants and refugees entered Europe largely through Turkey in 2015, prompting the EU to agree a deal with Ankara on curbing the migration in 2016.
There has been a major influx of migrants into Turkey from conflict-plagued Afghanistan in recent weeks, with reports saying almost 18,000 have entered the country illegally in the last three months.
The Afghan migrants are believed to have crossed from Iran into Turkey’s eastern Van province and then moved — sometimes walking on highways on foot — to Erzurum, one of the major cities of Turkey’s east.
The deportations came as Turkish Prime Minister Binali Yildirim visited Kabul for talks with Afghan leaders. On Sunday he met Afghanistan’s chief executive Abdullah Abdullah.
Turkish state media quoted Yildirim as saying at a news conference with Abdullah in Kabul that Turkey was grateful for Afghanistan’s cooperation over the issue.
“There is no problem here,” said Yildirim.
But Turkish television carried interviews with some of the migrants about to be deported — many of whom spoke excellent Turkish — who insisted that they would try and come back to Turkey.
“Of course (I will try to come back),” one woman, who was not named, told the CNN Turk channel. “Back home, there is unemployment and a lack of security.”

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