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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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Ex NBA boss lauds court’s reinstatement of Ndume.



Ali Ndume
Taidi Jonathan, former Chairman of the Nigeria Bar Association ( NBA), Minna chapter, says the judgment of the Federal High Court Abuja, which nullified suspension of Sending Ali Ndume has vindicated the position that the Senate does not have the power to carry out the action.
The News Agency of Nigeria ( NAN) reports that the Senate on March 29, suspended Ndume, its former leader, who had asked for investigation of allegations of impropriety in importation of a bullet proof vehicle against Sen. Bukola Saraki and perjury against Dino Melaye.
The Senate suspended the lawmaker following a resolution which adopted the recommendation of the Committee on Ethics and Privileges chaired by Samuel Anyanwu.
Ndume was suspended for six months, instead of one year originally recommended by the committee.
Jonathan, however, told the News Agency of Nigeria (NAN) that the Court vindicated the position that the Senate acted in bad faith.
“Regrettably, the time lost by the constituents cannot be regained.
“There should be express prohibition of power to suspend any member of the legislature unless by the court,’’ he said.
He explained that the judicial pronouncement of would curb arbitrary usurpation of judicial powers by the legislature under whatever guise.

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World markets dive as Trump sparks trade, North Korea worries

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