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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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Nigeria will fare better if restructured into regions’.

Former Secretary-General of the Commonwealth, Chief Emeka Anyaoku, says Nigeria will fare better if the ongoing call for restructuring of the country into regions is heeded.
Anyaoku stated this in Benin on Friday when he visited Edo governor, Mr Godwin Obaseki, at Government House.
He said that Nigeria’s economy was more viable and rate of development faster when it operated regional system of government.
The elder statesman, described Obaseki as a visionary governor, saying “the state is fortunate to have him”.
On his part, Obaseki said given the cost of governance at the centre, restructuring was inevitable if Nigeria must make progress as a country.
He extolled the leadership quality of Anyaoku, and said that he stood for good governance.
The governor said that Anyaoku made Nigeria proud as Secretary-General of the Commonwealth.
“He is an international personality; he stands for good governance and diplomatic skills,” he said.

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