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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

Army kill two Boko Haram food suppliers in Borno.

The Nigerian Army on Friday said two Boko Haram food and logistics suppliers were ambushed and killed at Malamti village in Guzamala Local Government Council of Borno.
Col. Timothy Antigha, Deputy Director, Army Publication Relations, 8 Division, made the disclosure in a statement issued to newsmen in Maiduguri. He said the troops recovered ammunitions, food items, consumables and animals from the insurgents.
He said that troops of the 242 Battalion of 8 Task Force Division had intensified campaign to deny the remnants of Boko Haram terrorists in the Lake Chad Basin freedom of action and access to logistics within its area of responsibility.
“At about 3.00 a.m. on Thursday, troops responding to a distress call, intercepted terrorists mounted on 14 horses in Malamti village, Guzamala Local Government Area of Borno State.
“The troops killed two terrorists; recovered two AK-47 riffles, three magazines, 26 rounds of 7.26 mm ammunition and one hand grenade from the insurgents.
“Other items include 18 mobile phones, three mini solar panels, soaps, detergents, bundles of assorted clothes and 8 horses.
“Unfortunately, two soldiers who sustained injuries during the engagement are currently receiving medical attention,” he said.

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