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...
Designed from the ground up by the Secret Service, the £1.2 million President’s official state car also known as “The Beast","Cadillac One","Limousine One","First Car" is part of a fleet of 12 which cost around £15 million and is arguably the safest vehicle in the world, as befits the President of the United States. The sedan,which is manufactured by General Motors is longer than two large SUVs and weighs eight tonnes.It has eight-inch thick steel doors that weigh the same as those on a Boeing 757 - and are sealed to withstand biological and chemical attacks. Here are some amazing facts about the beast 1)The Names The President’s official state car is better known as “The Beast”, “Limousine One” and “Cadillac One”. It also has a code name called “Stagecoach”. 2)The beast Is not alone The white House is speculated to have twelve copies of the current Cadillac. 3)The Beast Is equipped with communication systems Although the president’s limo is sealed and cut off from the outer world, it has the most modern and powerful communication gears including satellite phones. 4)It’s a mobile bunker It is a military grade armored vehicle with more than 7 inches thick bulletproof plating. The doors is as heavy as those of a Boeing 757 aircraft. 5)It has extra safe tires The Limousine One has those gigantic Good Year tiers, which are Kevlar-reinforced run-flats enabled to keep the car on the road for a reasonable distance when shot. 6)Explosion proof The interior is sealed from the inside, to keep it safe from a chemical attack. The fuel tank is surrounded by specially formulated foam to prevent any kind of explosion. 7)Secret locks The beast has no keys and no key holes. The only way to open the Limo’s passenger doors is known to the secret service. It is very expensive The cost of the Limousine is speculated to be around $300,000 and $1.2million. 9)Medical emergencies The Beast also has gas containers under the President’s seat and also has a supply of President’s blood type in case he gets injured. 10)Only the drivers window can be lowered The President’s car is safe to an extent that all the windows are sealed except the driver’s window, and it can only be lowered a little for the driver to pay the tolls. 11)Always with the president The limo goes everywhere with the President. A C-17 Globemaster Transport Airplane is used by the secret service to carry The Beast whenever the President is travelling. The C-17 also carries an armored Chevrolet and a second limo. 12)The Beast Is heavy Due to its heavy duty engines and mechanism, The Beast is actually a Beast, weighs about 15,000 to 20,000 pounds (6,800 to 9,100 kg). To compare, a 2014 Toyota Camry sedan weighs approximately 3,200 pounds. Due to its heavy weight, the Cadillac One has the maximum speed of 60 mph. 13)The unconventional choice of fuel The present Limousine One contains an engine which runs on diesel.The reason behind this might be for the obvious reasons-Availability and less flammable. 14)The Beast Occasionally Breaks Down One of the few times The Beast has broken down was in 2013 when a driver put the wrong fuel into it while on a trip to Israel.Another incident was on a 2011 trip to Ireland when The Beast got stuck on a speed bump outside the US Embassy in Dublin. 15)Decommissioned limos are dismantled and destroyed with bullets and explosives rounds with the assistance of Secret Service to demonstrate the automobiles effectiveness against such weaponry,and also to destroy the secrets of its manufacturers, armoring and defensive abilities . With the current security threats facing the country, do you think the President Of Federal Republic Of Nigeria needs a special car with similar capabilities as the BEAST? |
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