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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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President Buhari Reacts To Zimbabwe Military Takeover & Robert Mugabe's Removal - .

President Muhammadu Buhari has called for calm, peace and respect for the constitution in Zimbabwe.

The President urged all political and military stakeholders in Zimbabwe to avoid any action that may plunge the country into unnecessary conflict and impact negatively on the region.

According to President Buhari, “every attempt must be made to resolve all contentious issues by constitutional means in Zimbabwe to save the country from avoidable political instability.”

The appeal by the Nigerian leader came in the wake of reported “military takeover” as a result of rising political tension in the southern African country sequel to President Robert Mugabe’s recent removal of former Vice-President, Emmerson Mnangagwa.

This led to the threat by the head of the Armed Forces of Zimbabwe, General Constantino Chiwenga, that “the military will not hesitate to step in” when the issue had to do with protecting the “revolution.”

FEMI ADESINA

Special Adviser to the President

(Media & Publicity)

November 15, 2017

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World markets dive as Trump sparks trade, North Korea worries

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