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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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Bendel Insurance project will galvanise other clubs, says Dudu-Orumen.

A high level member of the Bendel Insurance project, Barrister Godwin Dudu-Orumen has reiterated that the ongoing work to re-launch the famous Edo State owned club is highly commendable.
The experienced attorney and sports consultant, who spoke in Lagos, is very confident that the club would not fizzle out of the national scene again but would grow to become a real model for other teams to follow.
The Benin-based club is already staging a comeback to the Nigeria Premier League having after so many years in the lower nationwide division.
Dudu-Orumen said, “I agree with you that some other projects have come up like this in the past and then packed up, but let us not forget the set up of those projects.
The usual problem is either family disagreements or bottlenecks created by government unwittingly by themselves.
“If you took a look at the Bendel Insurance project, you would easily see the distinguishing facts that make it unique in planning and implementation.
The Edo State Government has consulted deeply before embarking on this project and because they are very satisfied with the layout, that is why they agreed.
“For the record, Pamodzi engineered this. I don’t know in the last two decades and more, which project Mike Itemuagbor and his company, Pamodzi delved into that didn’t work. See what they have done with the Okpekpe Road Race.
“It is the Office of the Deputy Governor that is supervising this project because we know that the governors are usually too busy and that is why Edo has adopted the most workable model.

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World markets dive as Trump sparks trade, North Korea worries

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