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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hree persons are feared dead at Abbatoir area of Agege, Lagos when a train derailed this morning.
Lagos State police spokesman, Olarinde Famous-Cole who confirmed the incident noted that the train rammed into a trailer, injuring many and leaving three of the victims feared dead.
“We just got the information. Our policemen and those attached to the railway command are in control of the situation,” Famous- Cole said.
“We shall be able to furnish you with details later please.”
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