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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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Buhari meets members, leadership of CAN in Aso Rock.

President Muhammadu Buhari on Friday met with members and leadership of Christian Association of Nigeria (CAN) in the Presidential Villa, Abuja.
The News Agency of Nigeria (NAN) reports that the meeting was being attended by Vice-President Yemi Osinbajo, National Security Adviser (NSA) Retired Maj.-Gen. Babagana Monguno and Head of Service of the Federation, Mrs Winifred Oyo-Ita.
The meeting, being held behind closed doors at the Council Chamber of Aso Rock, was also being attended by cabinet ministers, while the Secretary to the Government of the Federation (SGF) Boss Mustapha, was represented by Permanent Secretary, Ecological Fund Office (EFO) Hajiya Habiba Lawal.
The President would also meet with representatives of the Muslim community in Nigeria at same venue by 2 p.m.

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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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