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...
Algeria’s new coach, Rabah Madjer has described the Super Eagles as a team of benchwarmers, which has only one regular player in its squad.
Speaking ahead of tomorrow’s 2018 World Cup qualifier against Nigeria, Madjer, who was one of the stars of the great Algerian side of the 1980s, said the Super Eagles should not pose any threat to the North Africans because it is a team with many players who don’t get to play for their European clubs.
“I have studied the Nigerian team, apart from Iwobi, every other player is mostly a substitute for his team in Europe, but that doesn’t mean they will not be at the level to face us.
“The game against Nigeria is not a friendly match for me…to me it is the first game of the qualifiers for the 2018 African Cup of Nations in Cameroun,” he said.
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