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Showing posts from February 21, 2018

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...

Exporters must understand consumer preference for improved market access’.

Accounting for a paltry volume of $9 million out of $2.7 billion agricultural exports recorded by the continent to the United States in 2017, the State Department’s Acting Director for Economic and Regional Affairs, Harry Sullivan has urged non-oil exporters to identify consumer preferences and regulatory standards in their target markets to improve market access. To benefit from the extended trade deal, Africa Growth and Opportunity Act (AGOA) by the U.S, Sullivan said private sector operators must have a clear understanding of the markets they are targeting. According to him, the American market is a competitive and difficult to break into if an exporter does not understand the consumer niche and requirements. “The main thing is that I think that there’s huge potential in Africa. There’s also huge potential for African businesses in the United States. It’s not easy, but I think businesses that have been able to take advantage successfully of the American market have ...

Samsung set to launch new flagship smartphones.

Samsung Electronics will unveil its next flagship smartphones — the Galaxy S9 and Galaxy S9+ — on Sunday, after it reported record profits in recent weeks and its vice chairman was released from prison. Samsung, the flagship subsidiary of South Korea’s biggest business group, suffered a humiliating recall of its Galaxy Note 7 device in 2016, and was then embroiled in the sprawling corruption scandal that brought down ousted president Park Guen-hye. But its Galaxy S8 smartphone was a consumer and critical success and financially it has gone from strength to strength. It enjoyed net profit of more than 42 trillion won ($39 billion) last year, and this month Lee Jae-yong, heir to the founding family, was released from prison after most of his bribery convictions were quashed on appeal.   Its latest phones will be launched at the Mobile World Congress in Barcelona, with teasers suggesting the major change...

Foluke Daramola Fights Against Child Abuse & Domestic Violence With These Photos - .

As Foluke Daramola-Salako continues her campaign against all forms of abuses in the society through her Photo documentary Series which is powered by “Passion Against Rape and Abuse in Africa” PARA Africa. She has released the second and third episodes from her photo documentary Series. And this time she is fighting against Child Abuse and domestic violence. In the previous episode, she fought against drug abuse ---- see thread  http://www.nairaland.com/4347942/foluke-daramola-releases-photo-documentary According to UNICEF, six out of ten children in Nigeria experience emotional, physical or sexual abuse before the age of 18, with half experiencing physical violence. Looking at these photos, we can see a fourteen-year-old girl hawking at the marketplace with a four months old baby strapped behind her back. The baby is already suffering abuse at that early age, while the fourteen year old girl is supposed to be in school. Domestic Violence: Domestic violence in Nigeria is a proble...

Ranieri says ready to quit Nantes to become Italy coach.

Claudio Ranieri, who led Leicester City to an unlikely English Premier League title, has revealed he is ready to quit French Ligue 1 club Nantes if he is asked to become Italy coach. The 66-year-old has been one of the names touted as a possible replacements for Gian Piero Ventura who was forced to resign after Italy’s shock failure to qualify for the World Cup in Russia. “Any Italian coach would love to be in charge of the national side,” Ranieri, who guided Leicester to their first ever Premier League title in 2016, told Sky Sport Italia. “I have a contract with Nantes for two years and I have not received any messages, so I can’t say anything.   “But if I were to be contacted for the Italy job, I’d go to the Nantes president and ask to be released,” said the widely-travelled Ranieri, whose former clubs include Juventus, Napoli and Roma in Italy, Premier League giants Chelsea and Valencia and Atleti...

First human-sheep hybrids created.

Organs to be grown in animals for transplant, provide cure for diabetes Scientists have created the first ever human-sheep hybrids, paving the way for organs to be grown in animals which can be transplanted into humans. The successful Stanford University project could even open the door to finding a cure for type 1 diabetes by creating healthy pancreases to regulate blood sugar. While scientists have previously developed human-pig hybrids, sparking excitement that they could use them grow human organs, no team has been able to take it to the next step. But Stanford’s team, which has already successfully transplanted pancreases into mice, is tipped to be the first after now that they have produced a human-sheep model to use. “We have already generated a mouse pancreas in rats and then transplanted those in to diabetic mouse and were able to show almost a complete cure,” project lead Dr Hiro Nakuachi, a professor of genetics at Stanford, told the American Association f...