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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...

Gambian military arrests 2 top Jammeh generals after they return from exile.

Military authorities in Gambia arrested two of ex-strongman Yahya Jammeh’s generals after they returned unexpectedly from exile over the weekend, the army said.
Gambia’s current President Adama Barrow was sworn in Feb 18, 2017 as a West African regional intervention force closed in on the capital Banjul forcing Jammeh, who had refused to accept his defeat in elections, to flee to Equatorial Guinea.
According to a statement by the army, Umpa Mendy, Jammeh’s principal protection officer, and the former head of the State Guards Battalion Ansumana Tamba had both accompanied the former leader into exile.
However, the army statement, said they flew back into Gambia on Sunday.
“They were arrested at their respective homes … and are currently detained at the Yundum Military Barracks, where they are helping the military police with their investigations,” the army said.
 
The army did not say why the two men returned to Gambia or on what charges they had been arrested.
Barrow is still seeking to assert control following the end of 22 years of Jammeh’s authoritarian rule under which the military served as a key pillar of a regime notorious for jailing and torturing political opponents.
The new government has replaced or dismissed a number of senior military officers, some of them suspected of being members of a group called the Jungulars, which many Gambians say carried out killings on behalf of the government.
However, the army still contains many former supporters of Jammeh.
Barrow’s allies have repeatedly warned of the possibility that exiled officers were working to undermine the new government from abroad.

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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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