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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

Traffic robbers arrested in Lagos.

The duo of Moshood Olowu and Olasunkanmi Ogundipe, who allegedly robbed commuters in different parts of Lagos along with their accomplices now at large, have been arrested.
While Olowu and Ogundipe carried out their operations in Ketu and Ojota areas of the state respectively, another suspect, 22-year-old Rasak Adebola, was arrested by operatives of the Rapid Response Squad (RRS) in a separate incident for bag snatching.
It was gathered that 24-year-old Olowu and 26-year-old Ogundipe and their two other accomplices, now at large, left New African Shrine and were heading to Ikorodu through Ojota when they committed the crime.
Olowu said: “We were at Ojota around 5:00 a.m. after leaving Felabration venue to board a bus to Ikorodu. I dipped my hand into another passenger’s pocket when we were rushing the bus. I removed his phone and passed it to my colleagues, Ayobami and Jide.
The owner held my hand and prevented me from joining the bus. Ayobami and Jide, who I gave the phone to, went away while RRS policemen who were passing by arrested me.”
Olajide on his part said he was in the company of nine other accomplices from New African Shrine when they accosted one Pastor Adetayo Samuel, who was waiting to board a bus to Ibadan at Old Toll Gate, Ketu and collected three mobile phones from him and N6,000.
He said: “We fled the scene immediately and we broke into three groups. We were trailed by RRS patrol team, who received complaint from our victim. They arrested me while I was trying to board a bus to Ibafo.”
Confirming the incidents, the state Police Public Relations Officer, ASP Olarinde Famous-Cole, said the three suspects would be transferred to the State Criminal Investigation Department (SCID), Panti, Yaba, for further investigation and prosecution.

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