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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...

Chibok girls’ kidnapper jailed for 15 years.



A man involved in the 2014 kidnapping of more than 200 schoolgirls from Chibok in northeast Nigeria has been jailed for 15 years, the government confirmed on Tuesday.
Haruna Yahaya, 35, admitted being involved in the abduction when he appeared at a special court trying hundreds of Boko Haram suspects on Monday, a justice ministry spokesman told AFP.
The conviction is the first in relation to the kidnapping, which triggered global outrage and sparked a worldwide campaign for the girls’ release.
Nigeria began prosecuting people arrested during the insurgency last October, starting with 1,669 suspects held at a military detention facility in Kainji, in the central state of Niger.
“It is true that a member of Boko Haram who took part in the kidnapping of the Chibok schoolgirls was given 15 years jail,” justice ministry spokesman Salihu Isah said.
“Haruna Yahaya, who is 35 and handicapped with a paralysed arm and a deformed leg, was arrested in 2015 by the Civilian JTF,” he said referring to the joint task force militia.
“He confessed to having taken part in the abduction.”
Isah said Yahaya’s defence lawyer “pleaded for leniency” on the grounds that he was “forcibly conscripted into the group and he acted under duress”.
Boko Haram has used kidnapping as a weapon of war in its quest to establish a hardline Islamic state in northeast Nigeria, seizing thousands of women, young girls and men of fighting age.
“But the court dismissed his plea on the grounds that he had the option not to take part in Boko Haram activities… His conviction starts from the time of sentence,” said Isah.

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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...