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...
Sierra Leone’s President Ernest Bai Koroma unlawfully dismissed his vice president after he was expelled from the ruling party, a West African regional court said on Monday.
Samuel Sam-Sumana was kicked out of the All People’s Congress (APC) in March 2015 on suspicion of fomenting violence, deceit, fraud and threatening party officials.
He went into hiding and applied for asylum in the United States, then appealed the expulsion to the country’s Supreme Court, where he lost in September 2015.
But judge Chijioke Nwoke and two others at the Community Court of Justice of the Economic Community of West African States (ECOWAS), said due process had not been followed.
The APC constitution includes a 30-day appeals period. The party expelled Sam-Sumana on March 6, 2015 and he filed his appeal 20 days later.
“On this ground alone, it is sufficient to void the applicant’s removal from office,” Nwoke said in a written judgment read to the court in Abuja on Monday.
“In all circumstances, it is always required that the law should be allowed to run its course.
“The exercise of power… should be circumscribed with the requirements of due process and this has not been satisfied in this particular case.”
The judges said as such, his right to participate in government and right to a fair hearing under the African Charter of Human and Peoples’ Rights had been breached.
The court ordered Sierra Leone to back-date Sam-Sumana’s salary and benefits from the day of his removal and pay court costs.
He had applied for costs of some $10 million (8.4 million euros) but his lawyer, Raymond Atuguba, said it was not immediately clear how much would be paid.
“This case was not just about cost,” he told reporters outside court.
“It’s about the integrity of the Sierra Leonian state and the rule of law, which says that a president cannot just get up one fine morning and just dismiss his vice-president.”
Sam-Sumana hailed the ruling as “a message to our Sierra Leone and Africa as a whole” to use the courts, rather than violence, to resolve disputes.
Sierra Leone holds elections next year and Sam-Sumana said the ruling paved the way for him to run for president.
“I’m sure by March 7, you will be talking to the next president of Sierra Leone,” he told reporters.
The court’s rulings are binding on all member states, final and not subject to appeal.
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