Skip to main content

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...

11 persons killed in Plateau village.



Eleven persons were killed and four others injured when gunmen opened fire on villagers returning from Rim-Dyem market in Riyom, Plateau State, Tuesday night.
“The attack took place around 7.30 p.m.; the villagers were returning home from a local market when gunmen waylaid them, killing 11 people instantly,” Mr Terna Tyopev, Plateau Police Command spokesman told the News Agency of Nigeria (NAN).
He said that those injured had been taken to Christian Hospital, Vom.
“No arrest has been made, but we are already investigating the incident; we shall not rest until the attackers are fished out,” he said.
Tyopev appealed to the affected community to be calm and resist the temptation to take the law into their hands, adding that more security personnel had been deployed to secure the area.
NAN reports that the Tuesday attack is the latest in a series of violence visited on rural communities in Plateau, in the past few weeks.
Among communities that had come under heavy attacks are Wereh, Foron and Rim in Barkin Ladi Local Government, as well as Miango, Jebu, Taegbe and Ncha in Bassa Local Government.
The state, which suffered massive violence for more than a decade, enjoyed uninterrupted peace for two years before the gunmen returned in September.

Comments

Popular posts from this blog

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...

APDA, PDP, commend INEC for “timely” release of 2019 elections’ timetable.

The Advanced Peoples Democratic Alliance (APDA) and the Peoples Democratic Party have commended the Independent National Electoral Commission (INEC) “for early release of timetable and schedule of activities for the 2019 general elections.” The political parties gave the commendation in an interview with the News Agency of Nigeria (NAN) in Abuja on Wednesday. The APDA National Publicity Secretary, Mr Tosin Adeyanju, described the timetable and schedule of activities as a welcome development for political parties. Adeyanju said that the early release of the timetable would enable political parties to have enough time to prepare for the elections. He added that it had also cleared all rumours and speculations, especially date of primaries and other pre-election activities for political parties. He noted that “we in APDA believe that the timetable would afford political parties the opportunity and enough time to adequately prepare and plan for the elections. “This ...

Hoodlums vandalise APC secretariat in Rivers, one person dies.

One person died in Port- Harcourt on Friday as unidentified persons, suspected to be political thugs vandalised the Secretariat of the All Progressives Congress (APC) located at the Old Government Residential Area in Port Harcourt, Rivers. The Rivers Command of the Nigerian Police quickly intervened by deploying tear-gas to stop further destruction of the party’s secretariat. Gun shots were fired into the air to scare riotous members and in the process one death was recorded. The News Agency of Nigeria (NAN) reports that APC members aspiring for various positions at the Ward levels had come to the party secretariat to pick their forms before the incident. A Ward Chairmanship aspirant told NAN that he was unable to pick the form after paying the required amount through the bank. He said that trouble occurred after a long wait by the aspirants. Read More:  Ward congress: Lagos CP reads riot act to APC members “As you can see, most of us that are vying f...