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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...

Emir Sanusi wants public officers undergo drug test.

The Emir of Kano, Alhaji Muhammadu Sanusi II, has called for a law that would compel public officers and traditional rulers to undergo drug test in the country.
He made the call at the Senate Roundtable on drug abuse held in Kano on Monday.
NAN reports that the event is organised by the Senate in order to address drug abuse epidemic in the country.
He said the call was necessary in order to ensure that anybody was not allowed to hold political office and traditional leadership positions.
“I am ready to submit myself for the drug test.
“I suggest that ministers, governors and traditional rulers should go for drug test because when youths understand that they cannot be governors, ministers or senators if they are drug addicts, they will be into their senses.
“The country is facing a great danger because the fight against drug abuse has to be taken seriously if we are to succeed,’’ he said.
While calling for effective implementation of the laws against drug abuse in the country, the first class traditional ruler also urged the
Senate to ensure proper funding of all agencies charged with the responsibility to enforce the laws.
“We are deceiving ourselves if we don’t believe that we are part of the problem,’’ Sanusi said.
Besides, the emir called for the establishment of modern rehabilitation centres for victims of drug abuse in the six geo-political zones of the country.
He said when established, the centres should be equipped with necessary facilities and personnel to enable them take care of the teeming numbers of victims of the drug abuse.
He said the measure was necessary in order to ensure that those addicts were rehabilitated and trained in various skills to enable them be reintegrated into the society.
He, however, called for adequate funding of the centres to enable them operate effectively and serve the purpose for which they are established.

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World markets dive as Trump sparks trade, North Korea worries

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APDA, PDP, commend INEC for “timely” release of 2019 elections’ timetable.

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