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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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Atiku Reacts To Payment Of Pension To Pardoned Biafra Police .

Former vice-president of Nigeria, Atiku Abubakar, has commended President Muhammadu Buhari, for approving the payment of pension to police personnel, who served under the defunct Biafran police during the civil war.

The Police officers were granted presidential pardon in 2000.

Atiku, writing on his Twitter page, said Buhari’s move “shows a commitment to peace and unity”.

He tweeted: “I commend @NGRPresident @MBuhari for ordering payment of pensions to pardoned Biafran soldiers. It shows unity!

“This move shows a commitment to peace, unity and our shared belief in one Nigeria, with justice and equity for all.”

The Pension Transitional Arrangement Directorate (PTAD) on Wednesday announced that about 162 of such retired police officers and 57 Next of Kin will be paid their benefits in the first phase, which kicks off this month.

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