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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...
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Obasanjo, Saraki, Okorocha arrive Monrovia for Weah’s inauguration.

Former President Olusegun Obasanjo and the President of the Senate, Bukola Saraki, arrived Monrovia on Monday morning for the swearing in of Liberia’s President-elect, George Weah.
Obasanjo’s plane touched down at the Roberts International Airport (RIA) at 8:01 a.m. (9 a.m. Nigerian time) while Saraki arrived at 9:02 a.m.
On hand to receive them were the Nigerian Ambassador to Liberia, Mr James Dimka; Force Commander for the United Nations Mission in Liberia, Maj.-Gen. Salihu Uba, among other officials.
Speaking to newsmen, Obasanjo said he was a proud to witness a peaceful democratic transfer of power in Liberia considering the huge sacrifices made by Nigeria for peace and stability in the country.
“I am very happy over what is happening in Liberia today and I congratulate my brothers and sisters in this great country,” he said.
 
A News Agency of Nigeria (NAN) correspondent in Monrovia covering the inauguration reports that Saraki was accompanied by Senators Philip Aduda and Osita Izunaso.
Gov. Rochas Okorocha of Imo arrived minutes before the senate’s helmsman.
The airport is witnessing an influx of special guests from Africa and around the world, including current and former heads of states.
Former Super Eagles midfielder, Austin Okocha, was among the international soccer stars already in the country.
Okocha arrived at 9.54 a.m. into the warm embrace of soccer fans and government officials from other countries that fell over themselves to take photographs with the football legend.

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World markets dive as Trump sparks trade, North Korea worries

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