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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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PDP governors express disappointment over allegations against FG.

The People’s Democratic Party (PDP) Governors Forum has expressed disappointment over what it called series of scandal allegations rocking the administration of President Buhari.
Chairman of the forum, Ekiti State Governor Ayodele Fayose, who spoke at the ongoing 76th National Executive Committee (NEC) meeting of the PDP held at its national secretariat in Abuja, urged the party to continue to expose alleged excesses of the All Progressives Congress (APC).
Fayose charged party members to ensure that the December elective convention succeeds. Also, the eight chairmanship aspirants have promised to remain civil and run an issued-based campaign.
They spoke with journalists yesterday in Abuja after a closed door meeting with the Chairman of the PDP National Caretaker Committee, Ahmed Makarfi.
Former National Vice Chairman, PDP South-West Zone, Bode George, who spoke on behalf of the aspirants, said: “We had a very useful meeting with the NEC of the party. We agreed that we would remain civil and educate our followers because it is a family contest. It is not a matter of life and death.
“We have agreed and you can see us now holding our hands. There is no quarrel, let the best man win. That is the spirit of the party.”
In another development, the Arewa Consultative Forum (ACF) has called on political office holders to desist from making unnecessary office appointments, especially at the time when the country is experiencing financial challenges.
Its Secretary-General, Mr. Anthony Sani, who stated this at the inauguration of the forum’s standing committees, said that politicians should concern themselves more on developmental projects.

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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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