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
Italy goalkeeping legend Gianluigi Buffon confirmed on Tuesday he is ready to come out of international retirement if he is called up for friendlies against England and Argentina. Buffon called time on his international career after Italy failed to qualify for the World Cup in Russia, losing a two-legged play-off to Sweden to miss the tournament for the first time in 60 years. But Italy interim national coach Luigi Di Biagio said on Monday he was ready to recall Buffon for friendlies against Argentina and England in Manchester and London on March 23 and 27. “I had thought about going on holiday for a few days with my family, but when the national team needs you, you must be present and not desert them,” Buffon told Italian programme Tiki Taka. The 40-year-old Juventus goalkeeper has represented the Azzurri for 20 years, winning the 2006 World Cup title, and earning a record 175 caps in a brilliant career. He had been bidding for a record sixth World Cup appearance.