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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...

Kenya bans protests in main city centres.

Kenya’s government on Thursday banned protests in the centres of three major cities, including the capital Nairobi, citing lawlessness following opposition demonstrations against the country’s electoral commission.
“Due to the clear, present and imminent danger of breach of peace, the government notifies the public that, for the time being, we will not allow demonstrations within the central business districts of Nairobi, Mombasa and Kisumu,” said Security Minister Fred Matiangi.
“The inspector general of police has been advised accordingly.”
The outlawing of city centre protests comes as the opposition National Super Alliance (NASA) had promised to step up its demonstrations demanding reforms before the holding of a presidential poll re-run, due on 26 October.
Matiangi said opposition protests had seen “attacks on police stations, attacks on police officers occasioning grievous bodily harm, serious disruption of normal business, assault on innocent civilians, destruction and looting of property.”
He threatened protest organisers with legal action.
“It is the responsibility of the organiser that all participants remain peaceful. The organisers shall be held personally liable for any breach of law during the demonstrations,” he said.
Opposition leader Raila Odinga said this week that he is withdrawing from the scheduled re-run.
He said that without fundamental reforms to the Independent Electoral and Boundaries Commission (IEBC), the vote would not be free and fair.

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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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