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...
The Nigeria Football Federation (NFF) will have to cough out $31,000 (11 million naira) to FIFA.
The world football governing body slammed Nigeria for crowd disorder during last month’s World Cup qualifier against Cameroon in Uyo, which the Super Eagles won 4-0.
The gates were thrown open after the Akwa Ibom State government paid for all the seats in their support for the Super Eagles.
Meanwhile, the German football federation was fined 32,000 Swiss francs ($33,000) because fans chanted Nazi slogans at a World Cup qualifying game in the Czech Republic.
“The range of charges against Germany included fans encroaching on the field and setting off fireworks at the game in Prague,” FIFA said.
About 200 German supporters chanted slogans during their team’s 2-1 win and verbally abused one of the scorers Timo Werner.
FIFA also fined the Czech federation 5,000 Swiss francs ($5,150) for crowd disorder.
FIFA’s attempts to crack down on fans chanting gay slurs saw seven national federations fined for incidents.
Argentina was ordered to pay 65,000 Swiss francs ($67,000), Panama 50,000 Swiss francs ($51,500), and Hungary 20,000 Swiss francs
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