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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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Tackling cybercrime, securing critical IT infrastructure to top discussion at AfICTA 2017.


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Director-General of the National Information Technology Development Agency (NITDA) Dr Isa Pantami PHOTO: TWITTER?NITDA NIGERIA
With many countries around the world vulnerable to cyber-attack, stakeholders in the Nigerian Information Communication Technology ecosystem and the rest of the world will gather in Abuja, the Nigerian Federal Capital next week at the 2017 Africa Information and Communication Technology Alliance, AfICTA , summit 2017 to discuss among other things, how best to tackle cybercrime and secure critical information infrastructure.
The summit in conjunction with eNigeria, under the auspices of Ministry of Communications with the theme, “One Africa, One Future: Leveraging ICT for Sustainable Development” is the 5th in the series of AfICTA Summits beginning from Lagos in 2013 to Cairo in 2014, Johannesburg in 2015, and Windhoek in 2016.
Speakers lining up for the event are Mr Adebayo Shittu, Hon Minister of Communication, Dr Isa Ali Pantami, DG NITDA, Mrs Funke Opeke, MD Mainone, Chris Uwaje, fmr President ITAN/ISPON and Prof Sola Aderounmu, President NCS.
Others will include, Mondini, ICANN Vice – President Global Stakeholders Engagement, Marilyn Cade, ICT Strategies, Andrew Mark, Chair of the ICANN Business Constituency, Yusuf Kazaure, MD/CEO Galaxy Backbone
Unveiling details of the capacity development summit at the weekend in Abuja, the Chairman of AfICTA, Dr. Jimson Olufuye said that building partnerships for 2030 sustainable development agenda, adaptive technologies for eHealth, eLearning and eCommerce, eGovernment: Using technology to promote transparency and accountability, creating jobs and youth empowerment, among others will also be discussed by the participants drawn around the world.
Olufuye, who is passionate about youth empowerment said that the theme of the summit is one of the key indicators of progress towards the fulfillment of AfICTA vision of a digital Africa within the larger framework of the global vision of an information society with the achievement of the Sustainable Development Goals 2030.
“Considering that Nigeria is the leading economy in Africa; and reflecting on the need to provide veritable platform for start-ups and innovators in Nigeria to reach African market and further grow the Nigerian economy out of recession; and affirming the imperative need for enduring Public-Private Partnership for sustainable development in line with the 2030 United Nations , UN Development Agenda; hosted by the ADD Consortium composed of Afenoid Enterprise Limited, DigiSphere Limited and Dotengee Nig Ent., the AfICTA Summit 2017 is scheduled to take place on 7-9 November, 2017 in Abuja, Nigeria in conjunction with eNigeria powered by the National Information Technology Develpoment Agency (NITDA) under the auspices of the Ministry of Communications Nigeria”, Olufuye, who was one time President of Information Technology Association of Nigeria, ITAN, said.
According to him, the information revolution and the extraordinary increase in the spread of knowledge have given birth to a new era – one of knowledge and information which affects directly economic, social, cultural and political activities of all regions of the world, including Africa.
Governments worldwide, he said have recognized the role that Information and Communication Technologies could play in socio-economic development. ICTs are offering even less developed countries a window of opportunities to cheetahpolevault the industrialization stage and transform their economies into high value competitive information economies in the global market

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