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
THE National Assembly elections will be conducted first in 2019, the panel of the two legislative conference committee on the amendment of the Electoral Act has endorsed.
The committee also placed the governorship and state assembly elections as the second to hold while the presidential election comes last.
The committee said that the new election sequence would ensure that every candidate is elected on his own merit without riding on another person ’ s popularity .
The House of Representatives had in its amendments to the 2010 Electoral Act included section 25 (1 ) into the Act by re- ordering the sequence of the elections to start with that of the National Assembly .
The order was followed by governorship and state assembly election before the Presidential election as against earlier sequence rolled out by the Independent National Electoral Commission ( INEC ) last year which put Presidential and National Assembly election first before that of governorship and state assembly elections .
The committee also placed the governorship and state assembly elections as the second to hold while the presidential election comes last.
The committee said that the new election sequence would ensure that every candidate is elected on his own merit without riding on another person ’ s popularity .
The House of Representatives had in its amendments to the 2010 Electoral Act included section 25 (1 ) into the Act by re- ordering the sequence of the elections to start with that of the National Assembly .
The order was followed by governorship and state assembly election before the Presidential election as against earlier sequence rolled out by the Independent National Electoral Commission ( INEC ) last year which put Presidential and National Assembly election first before that of governorship and state assembly elections .
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