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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...

Taskforce Pulls Down 2,500 Structures, Recovers Riffle, Drugs In Lagos.

By Olawale Abdul-Fatah
Atleast 2,500 structures erected under high tension cables and on location not included in the state’s master plan, have been demolished by the Lagos state Taskforce on Environmental and Special Offences (Enforcement) Unit, to rid the state of criminal hideout.
The structures were pulled down in Ijaiye, Ojokoro and Bode Thomas in Surulere where a ‘Dane-gun’ and wraps of illicit drugs, which worth could not be ascertained, were recovered from three occupants, Saka Lawal, Kausara Saka and Tawa Lawal, who have been detained for further interrogation.
It was learnt that the removal of illegal structures was ordered by the state governor, Akinwunmi Ambode, after several security meetings with Acting Commissioner of Police, Edgal Imohimi, on strategies to improve security within the state.
The Chairman, Lagos State Task Force, Olayinka Egbeyemi, who led the exercise, disclosed that before the Agency embarked on the demolition exercise, owners and occupiers of the over 2500 demolished structures and containers were served notices to hint them of government plans.
Aside that radiation from these high tension cables poses serious danger to health of occupants, Egbeyemi lamented that the demolished illegal structures erected were an eye sore with miscreants and hoodlums freely smoking Indian hemp and engaged in prostitution with girls.

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