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 Guardian’s Toke Alex-Ibru named Man of the Year 4 hours ago JTF launches manhunt for kingpin of four Britons’ kidnappers in Delta 4 hours ago Buhari orders reinstatement as Senate condemns withdrawal of Obiano’s aides 4 hours ago PHOTO:AFP • ‘Boko Haram killings decreased by 80%’ A global report released yesterday says Nigeria remains one of the three most terrorised nations in the world. The 2017 Global Terrorism Index (GTI) also indicates that killing of innocent people by the Boko Haram insurgents in the North east has decreased by 80 per cent. According to the document, Nigeria got the same ranking in 2015 and 2016. It was ranked fourth in 2014. The Global Terrorism Index, which is in its fifth edition, is published annually by an independent, non-partisan, non-profit think tank organisation, Institute for Economics and Peace (IEP). It monitors and measures the impact of terrorism in 163 countries, which covers 99.7 per cent of the ...