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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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Troops destroy Boko Haram grain market in Borno.

The Nigerian Army on Saturday said it’s troops destroyed a Boko Haram grain market at Boboshe village in Borno.
Director Army Public Relations Sani Kukasheka, who disclosed this in a statement in Maiduguri, said this was part of efforts by the armed forces to degrade the remnants of the insurgents.
Kukasheka said that the troops discovered a make shift night market at Boboshe village set up by the insurgents with newly harvested farm produce on display for sale.
He said that the troops conducted clearance operations in seven villages, rescued five persons and recovered three vehicles, four Dane guns, a dummy gun and mattresses.
“Troops of 112 Task Force Battalion and Mobile Strike Teams of 22 Brigade of Operation LAFIYA DOLE in collaboration with members of the Civilian Joint Task Force (CJTF) on Friday, carried out clearance operations at Gawa, Bone, Kajeri I, Kajeri II, Kube, Dubula, Boboshe I and Boboshe II villages in Borno State.
“During the operation, the gallant troops discovered that the terrorists had erected a make-shift night market at Boboshe village with newly harvested farm produce on display for sale.
“After conducting a thorough search of the vicinity, the troops recovered three Isuzu vehicles, four Dane guns, one Dummy gun, suspected to be used for training of inducted Boko Haram terrorists and mattresses hidden under shrubs.”
Kukasheka explained that troops rescued five persons abducted by the insurgents at Boboshe 1 and Dubula villages.
He reiterated the commitment of the military to root out the remnants of Boko Haram insurgents in the North-East.
Kukasheka called on members of the public to provide useful information to security agencies in the ongoing clearance operations in the region.

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