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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

UNILAG Lecturer Stabs Postgraduate Student (Photo) .

A postgraduate student of the University of Lagos, Jimi Fatunbi, has been allegedly injured by two lecturers at the university campus.

Fatunbi told Saturday PUNCH on Friday how he was slapped and stabbed by the lecturers at about midnight on Wednesday.

He identified the lecturers as Dr.BabawaleTaiwo and Dr. Israel Abiala, who lecture at the Departments of Mathematics and Statistics; and Arts and Social Sciences Education respectively.

It was gathered that the incident happened at the UNILAG’s Faculty of Education roundabout.

Fatunbi, studying for masters in English Language, is a resident of the Henry Carr Postgraduate Hall.

He explained that the incident, which started out as a conversation turned bloody when he alighted from his vehicle to complain about how one of the lecturers banged on the body of his car.

He said, “I went to take my car from Elkanemi hall, where it was initially parked, to Henry Carr. While I was reversing at Elkanemi Park, I discovered that a vehicle was behind me and the occupants (lecturers) of the vehicle said I was obstructing them.


“Dr. Taiwo started banging on my car. I felt he wanted to damage my car and I stopped. I came down to ask him what was actually wrong.

“I felt that if I was indeed obstructing, since I was moving away, there was no need for the attack.

“He said I had committed an offence and he needed to deal with me, being a lecturer. So, before I knew it, his colleague, Abiala came down from the same car and started manhandling me. In the process, one of them stabbed me in the face.

“I was shouting until students came around. I eventually called my hall executives and I was taken to the university’s Medical Centre for treatment.”

He said the lecturers were interrogated by the university’s security officials after they were informed of the situation.

When our correspondent visited the university campus on Friday, security officials at the Alpha Base (the university’s security house) confirmed that the case had been reported.


When contacted on the telephone, the Public Relations Officer of UNILAG, Toyin Adebule, also confirmed the incident, saying the management had been notified.

He said, “I have confirmed it myself. There is one Dr.Taiwo involved and the case was reported at our security post. The attention of the management has been drawn to the case and we are taking action. It is still under investigation.

“The dean and head of department where he works have been informed and the university has requested that the lecturer should come for questioning. We don’t condone indiscipline, hooliganism and violence from anybody at any level.

“The university is taking up the matter seriously and we will never leave any stone unturned until we get to the root of the matter. It could be cultism, money or anything. We want to know what caused the matter and we will get back to you. We have asked the security to go after him.”

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