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
President Muhammadu Buhari has approved the immediate medical treatment of former Vice-President, Dr Alex Ekwueme, outside the country.
Malam Garba Shehu, the President’s Senior Special Assistant on Media and Publicity, in a statement issued in Abuja, said the President’s approval followed a brief he received on Friday over the medical condition of the former Vice-President.
Shehu said the approval covered the immediate charter of an Air Ambulance for the emergency movement and the cost of treatment.
“President Buhari prays that God will grant the elder statesman speedy recovery,” the statement said.
Ekwueme was reported to have collapsed in his house on Sunday and is currently receiving treatment in a private hospital in Enugu.
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