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 management of OAU (Obafemi Awolowo University), Osun State has suspended four of its students allegedly said to have engaged in criminal activities. It was reported that the Vice Chancellor of the University, Professor Eyitope Ogunbodede, approved their immediate suspension, following the investigation of the police and pending its outcome.
The affected students include Omole Ibukun Ayodele, studying Civil Engineering, Jacob Tosin Grace, in the Faculty of Law. Others are Udeh John, a student in the department of Arts and Social Sciences and one Oluwalade Babatunde, said to be studying English.
Confirming the development, OAU Public Relations Officer, Mr Abiodun Olarewaju, in a statement, said, 'the students, together with other persons, vandalised commercial transport vehicles of the members of the National Union of Road Transport Workers in Ile-Ife, and drove two other vehicles to more police stations where other students being interrogated by the police were forcefully released by their group. The Vice-Chancellor of the University, Professor Eyitope Ogunbodede, upon careful review of the facts and circumstances of the matter, has come to the inevitable conclusion that the students involved be suspended from the University in the interim, pending police investigation and until such time as the situation shall have been reviewed and resolved'.
Following their alleged misconducts, the students were further ordered “to vacate the campus and are accordingly forbidden to participate in any activity of the University, either within or outside the campus. “The University management has, therefore, advised law-abiding students to concentrate on their studies and shun any act or utterance that is capable of elongating the academic calendar beyond the stipulated period,” the statement read.
The affected students include Omole Ibukun Ayodele, studying Civil Engineering, Jacob Tosin Grace, in the Faculty of Law. Others are Udeh John, a student in the department of Arts and Social Sciences and one Oluwalade Babatunde, said to be studying English.
Confirming the development, OAU Public Relations Officer, Mr Abiodun Olarewaju, in a statement, said, 'the students, together with other persons, vandalised commercial transport vehicles of the members of the National Union of Road Transport Workers in Ile-Ife, and drove two other vehicles to more police stations where other students being interrogated by the police were forcefully released by their group. The Vice-Chancellor of the University, Professor Eyitope Ogunbodede, upon careful review of the facts and circumstances of the matter, has come to the inevitable conclusion that the students involved be suspended from the University in the interim, pending police investigation and until such time as the situation shall have been reviewed and resolved'.
Following their alleged misconducts, the students were further ordered “to vacate the campus and are accordingly forbidden to participate in any activity of the University, either within or outside the campus. “The University management has, therefore, advised law-abiding students to concentrate on their studies and shun any act or utterance that is capable of elongating the academic calendar beyond the stipulated period,” the statement read.
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