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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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Family debunks rumour of Alex Ekwueme’s death.

Former Vice President, Dr Alex Ekwueme is alive, stable and responding to treatment, an official of Memfys Neuro-surgical Hospital in Enugu and a family member have said.
The official told the News Agency of Nigeria (NAN) in Enugu on Tuesday that “Ekwueme is still in Memfys Hospital”, even though President Muhammadu Buhari has ordered he should be flown abroad for better care.
NAN reports that the former vice president was admitted to the hospital for a chest infection.
NAN reports that contrary to reports in some quarters, the former vice president is stable and doing well.
The official told NAN that Ekwueme was receiving the best attention from the hospital.
The Official maintained that though the hospital would not give out information about its patients, “but the rumour that he is dead is false”.
“He is recovering and doing well. People should not spread false information.The family members are always here,” the official said.
The Federal Government had undertaken to fly him abroad for special attention once he is more stable.
Also, Igwe Laz Ekwueme, the traditional ruler of Oko community in Orumba North Local Government of Anambra, corroborated the hospital official’s statement.
According to him, Ekwueme is alive and recovering from illness.
Laz, the musicologist, who is also the younger brother of the former Vice President, told NAN in a telephone interview in Awka on Tuesday that people had called the family to ask about the state of the elder statesman.
“You people should stop disturbing me with all these calls. Ekwueme is alive and recovering please,” he said.

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