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...
One person died in Port- Harcourt on Friday as unidentified persons, suspected to be political thugs vandalised the Secretariat of the All Progressives Congress (APC) located at the Old Government Residential Area in Port Harcourt, Rivers.
The Rivers Command of the Nigerian Police quickly intervened by deploying tear-gas to stop further destruction of the party’s secretariat.
Gun shots were fired into the air to scare riotous members and in the process one death was recorded.
The News Agency of Nigeria (NAN) reports that APC members aspiring for various positions at the Ward levels had come to the party secretariat to pick their forms before the incident.
A Ward Chairmanship aspirant told NAN that he was unable to pick the form after paying the required amount through the bank.
He said that trouble occurred after a long wait by the aspirants.
“As you can see, most of us that are vying for different positions in our wards are here to pick the form but nobody is here to address us.
“We were told that sales of forms will commence by 3 pm but up till 5:30pm we didn’t see anybody attending to us,” he alleged.
NAN learnt from witnesses that violence broke out following the long wait. The party’s secretariat was vandalised.
Efforts made by NAN reporter to get reaction from the police did not yield result.
Mr Chris Finebone, Publicity Secretary of APC in Rivers via a text message said that what happened at the Secretariat was an act of wanton destruction that should be condemned by all.
“We regret that party leaders who have been canvassing for elections turned around to demand for consensus arrangement only to turn around to prevent the process of election through violence.
“We know them and time will prove them wrong,” Finebone alleged.
There are 319 wards across the 23 local government areas of the state.
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