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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...

Buhari Lied To Nigerians In His October 1 Speech – Junaid Mohammed

A second Republic lawmaker, Junaid Muhammed, has berated President Muhammadu Buhari’s October 1 speech.

Muhammed said the speech was “not realistic,” adding that some of the claims made by Buhari with regards to his policies were not true.

The Northern elder noted that if Buhari was articulate, the speech would have been an “avenue to mobilise and regain the confidence of the people.”

Speaking with Punch, Muhammed said, “Frankly speaking, the speech is not realistic. There is nothing and there was nothing meant to be spectacular or unique about the speech of the 57th anniversary.

“It is celebratory. Where we have a leader who is articulate or is in a firm control of the government, the speech could have been an avenue to mobilise and regain the confidence of the people.

“As far as I am concerned, there is nothing in the speech to energise, galvanise or persuade me.

“The government muddled up a speech that should be about matters of national importance with personal reminiscences of being a young officer. This romantic lamentation does not have a place in this speech.

“Some of the claims the President made were clearly dishonest. For example, he claimed that his agricultural policies have been a success. As far as I am concerned, that cannot be true because I don’t even know the policies.

“If I don’t, I am sure millions of other Nigerians don’t know too. When you see the functionality of a policy, you know it is working.”

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