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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...

Nigeria, Argentina match not under threat, says NFF.



The Nigeria Football Federation (NFF) has waved aside media report that the proposed November 14 World Cup international friendly match between the Super Eagles of Nigeria and La Albiceleste of Argentina in Russia has come under a serious threat from the Islamic State (Isis).
According to report by Sports Village Square yesterday, a group posted a picture of Argentina top star, Lionel Messi in prison. The warped image has Messi in prison attire and depicts the global football icon crying tears of blood. The caption next to his face according to the report reads, “You are fighting a state that does not have failure in its dictionary.”
But the Secretary General of the NFF, Dr. Mohammed Sanusi told The Guardian in a telephone chat yesterday that such story might be the imagination of some individuals. “We have not seen such story anywhere,” Sanusi said. “It is just imagination of some individuals and I urged Nigerians to take it as false alarm.”
The report stated that this is the first time a match involving Nigeria will be under a threat by any militant group.
The threat, it further stated, has forced the Argentina Football Association (AFA) to demand for special security for Messi and other members of the national team.
But despite this threat, Sports Village Square gathered from the Moscow Times that Argentina’s ambassador to Russia, Ricardo Lagorio, reiterated that the 2018 World Cup would be safe to visit next summer. The ambassador was responding to the terrorist attack threat.
“The aim [of the latest pro-ISIS propaganda] is to frighten people but all the Argentineans that intend to come should come to the World Cup and do so without fear,” Lagorio said.
“I would like to call for calm and to ask people that will come from all over the world to do so without concerns.”
President of AFA, Claudio Tapia, on Thursday met the Russian ambassador to his country, Victor Koronelli, to discuss the threat posed by ISIS, after the group also published an image alluding to next year’s World Cup in Russia, warning those who visit Russia that they will face attacks.
Before the match with Nigeria, Argentina will play a friendly game with Russia on November 11. The game is billed for Krasnodar in Russia, at the Krasnodar Arena Stadium.
Meanwhile, the 32 national teams competing at the 2018 World Cup will share $400 million in prize money, a 12 percent increase from the 2014 tournament, Fifa said yesterday.
The purse at the previous edition in Brazil was $358 million – $35 million of which was awarded to champions Germany, with runners-up Argentina pocketing $25 million.
By contrast, countries who failed to advance beyond the group stage received $8 million. So, Nigeria stands to make N4.3billion participation at the World Cup in Russia.

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