Skip to main content

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...
6 comments

Germany provides €22m to address energy, climate change issues in Nigeria .

The German Government has provided a total of €22million to Nigeria, to address energy and climate change issues in the country. The German Ambassador to Nigeria, Bernhard Schlagheck, who disclosed this recently in an interview with The Guardian in Abuja, said the support, which is under the auspices of the Nigerian Energy Support Programme (NESP), is being implemented by the German Development Corporation (GIZ). 
The Ambassador said the German Government Technical Advisor Group, has also provided mobile care hospitals for the Nigerian military with solar panels to guarantee consistent supply of power.
His words: “From 2013-2020, Germany is providing a total of €22million to Nigeria, to address energy and climate change issues. He disclosed the Group has also supported some Nigerian universities to take all of their electricity supplies from off-grid renewable energy solutions preferably solar power.
Based on the agreement with the German Government under the Nigerian-German Energy Partnership Project, solar power farms would be built in some federal universities across the country.Schlagheck noted that for many years Germany has been one of the major donors to climate protection action in developing and new industrialising countries, adding that in recent years the German Government has systematically stepped up its climate commitments in the developing world.
“Germany has pledged and contributed roughly $1billion to the Green Climate Fund, from which developing countries (including Nigeria) can benefit in the fight against climate change.
The Ambassador, who decried that climate change has become one of the greatest challenges facing mankind today, assured that the German Government will continue to increase its investments in international climate protection, also with a view to longer-term financing needs.He also stressed the need for countries in Africa to accelerate action on issues concerning climate change.  

Comments

Post a Comment

Popular posts from this blog

How to Migrate from Bootstrap Version 3 to Advance Bootstrap 4.

This article would illustrate and expatiate on how to  migrate from Bootstrap 3 to Bootstrap 4 ? You’re in luck; today we’ll walk through the changes and new features between versions. The changes you need to make are generally just class renames and some set-up. To save you a lot of time scouring the changelog, I have compiled a list of the things you need to know when migrating from Bootstrap 3 to Bootstrap 4. We will start by discussing the changes made in Bootstrap 4 framework and how it will affect your website performance. Then we will examine the new way of  installing bootstrap and how the grid measurement unit  has change and how  flexbox can help on responsive designs . We will also discuss changes to some of the components and take a look what happens to JavaScript on the new version. Finally, we’ll take a look at some of the new components including cards, tooltips and flexbox. If you are getting ready to migrate a site from the old Bootst...
Post a Comment
Read more

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...
6 comments
Read more

Saturated Fats vs. Unsaturated Fats.

Saturated Fats vs. Unsaturated Fats Diffen  ›  Food  ›  Diet & Nutrition The human body needs both  saturated fats  and  unsaturated fats  to remain healthy. Most dietary recommendations suggest that, of the daily intake of fat, a higher proportion should be from unsaturated fats, as they are thought to promote  good cholesterol  and help prevent cardiovascular disease, whereas an overabundance of saturated fats is thought to promote bad cholesterol. However,  a few studies  have found that little evidence for a strong link between the consumption of saturated fat and cardiovascular disease. Note: It is technically more accurate to call saturated and unsaturated fats types of  fatty acids , as it is specifically the  fatty acid  found in a fat that is either saturated or unsaturated. However, referring to fatty acids as fats is common. Comparison chart Saturated Fats versus Unsaturated F...
Post a Comment
Read more