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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...

Gunmen kill 3 NDLEA operatives.

Three operatives of the National Drug Law Enforcement Agency (NDLEA) have been shot dead by gunmen in Okene.
The Commandant of the NDLEA in Kogi, Alhaji Idris Bello, told reporters on Sunday in Lokoja that the three operatives were gunned down while on patrol.
He said that they were killed at about 8:30 p.m. on Oct. 13 by the gunmen, “who emerged from nowhere’’.
Bello said that gunmen came on foot and that the incident occurred close to the main gate of the Federal College of Education, Okene.
He identified the operatives killed as Nicholas Onwumere, Ebun Peters and Abdulrahman Musa.
The commandant explained that the NDLEA officers were on duty alongside their three other colleagues when the gunmen struck.
Bello said that the officers died on the spot, while the three other colleagues escaped unhurt.
He said that the gunmen collected the rifles of the dead officers and vanished.
Bello said that other security agencies in the state had been contacted on the development, saying that efforts were being made to track down the killers.
The Kogi Government had in August established a Forward Operation Base in Okene in partnership with the Nigerian Army to check kidnapping, armed robbery and other violent crimes.
However, the initiative has yet to yield the desired result, according to observers.
Analysts suggest that the latest killing may be the handiwork of the jihadist Boko Haram group, which has been striking at soft targets in northern Nigeria, having been degraded substantially by the Nigerian armed forces.
Kogi, regarded as the spiritual headquarters of the jihadist movement, has witnessed bloody attacks by Boko Haram in recent years.

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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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APDA, PDP, commend INEC for “timely” release of 2019 elections’ timetable.

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