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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

Yusuf Buhari Not Flown To Germany .

The Presidency has dismissed as `fake news’ an online story that the President’s son, Yusuf Buhari was flown out of the country early Thursday morning following his severe head injury in a bike accident.

An online media outfit, TheCable, on Thursday reported that Buhari had been flown to Germany over head injury he sustained following a bike accident on Tuesday night.

“As previously reported by TheCable, he is being flown to Germany for specialist care.

“The family is said to have decided on Germany.


“He was driven to the Nnamdi Azikiwe Airport, Abuja, in an ambulance with oxygen support.

“An orthopedic consultant with specialisation in head injuries was also on the flight to monitor his progress,’’ TheCable reported

However, Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity in a text message on Thursday in Abuja, said Buhari was still being treated at a private hospital in Abuja.

It would be recalled that Shehu had on Wednesday in a statement confirmed that the son of the President, Yusuf Buhari, who was involved in a bike accident, was in stable condition.

He said that Yusuf had the accident on Tuesday night around Gwarimpa area in the Federal Capital Territory ( FCT ), Abuja.

Shehu said Buhari junior broke a limb and also sustained an injury on the head as a result of the incident.


“He has undergone surgery at a clinic in Abuja. He is in a stable condition.

“The President and his wife, Mrs Aisha Muhammadu Buhari are thankful to Nigerians for the good wishes and prayers for their son,” the presidential spokesman said.

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