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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...

Buhari speaks on fuel scarcity.

Nigeria’s President Muhammadu Buhari on Sunday said he regretted the lingering fuel scarcity currently being experienced in the country. He said he has directed relevant regulators to step up “surveillance and bring an end to hoarding and price inflation by marketers.” In spite of being an oil producing country, Nigeria has been battling fuel scarcity in the last few weeks leading to the holiday season, a period that involves increased vehicular movements and a consequent uptick in demand for petrol. “The fuel scarcity being experienced nationwide is regrettable,” Buhari, who is also Nigeria’s oil minister, tweeted on Sunday. “I sympathize with all Nigerians, on having to endure needless fuel queues. I’m being regularly briefed, especially on the NNPC’s interventions to ensure that there is enough petrol available during this period and beyond,” he added. The president has been under fire since the latest scarcity began. Last week, opposition governor Ayodele Fayos...

2017: CRM in Full Stride.

There was a lot in customer relationship management to like in 2017. The industry racked up north of US$35 billion and the cloud reigned supreme. However, future growth presents a challenge. We're going to need to look beyond selling generic seats to grow the CRM market from here. Oracle's Emergence It's a whole new ball game now that Oracle has credible cloud CRM. It's been building up for a while, but this year saw the first important financial results. Oracle is a serious contender, and with more than 425,000 customers needing to upgrade their aging systems of all kinds, other vendors will need to bring their A-games to compete for the business. Oracle's customers need the constellation of products -- Infrastructure as a Service, Platform as a Service and Software as a Service -- to get the job done, and vendors without that orientation might find the sledding tough. The Ecosystem Salesforce's AppExchange recorded its five-millionth downl...

AI Self-Service: Smile for Your Supper.

Cali Group and NEC on Tuesday announced a pilot program using kiosks equipped with facial recognition software and artificial intelligence to ease the ordering process for regular customers at the Pasadena, California, location of its international  CaliBurger  restaurant chain. The kiosks use NEC's NeoFace facial recognition software to identify registered customers and pull up their order preferences and loyalty accounts. The machines also will access a customer's  Yelp  reviews and alert the manager if the customer needs special attention. Customers have to register for the loyalty program before they can use the kiosks. They have to provide their name and take a picture to enroll. There are two kiosks at the Pasadena location. One lets customers register by email or using a phone, and the other uses facial recognition. "Customers can choose which kiosk they want to use," noted Cali Group CEO John Miller. "This makes the fast food experience faste...

Philippines mall fire: At least 37 feared dead in Davao.

At least 37 people are feared to have died in a fire that tore through a shopping mall in the southern Philippine city of Davao, local officials say. Firefighters battled for hours to extinguish the blaze that started on the third floor and spread to the floor above, trapping call centre employees. Their chances of survival were "zero", Davao's Vice-Mayor Paolo Duterte said. President Rodrigo Duterte, the vice-mayor's father, visited the scene. President Duterte, a Davao native, met families of the missing outside the burning NCCC mall. The cause of the fire, which began on Saturday morning, is being investigated. The mall's marketing manager, Janna Abdullah Mutalib, said the blaze started on the third floor, where clothes, appliances and furniture were sold, the Philippines Star website reports. Davao lies about 800km (500 miles) south-east of the capital Manila. The fire comes as  the country is coming to terms with a deadly tropical storm . ...

P2P WiFi Plan Challenges ISP Dominance.

TechNewsWorld  >  Mobile  |  Next Article in Mobile P2P WiFi Plan Challenges ISP Dominance Print Email By David Jones  •   LinuxInsider   •   ECT News Network Dec 20, 2017 12:00 PM PT Cybersecurity | Mobile Tech | IT Management | Cloud Services To compete in today’s business world you need to make the most of the available technologies. ALL EC has the resources you need to help make informed buying decisions. Keep your business moving forward. Visit ALL EC today. Open Garden  on Monday announced the launch of a new peer-to-peer service that allows users to share Internet connections and unused plan data for free, with compensation in a new Ethereum cryptocurrency as an extra incentive. The company is offering the service through an app that can be downloaded from Google Play. The system requires no hardware other than an Android phone to participate in the Internet access sharing. Click Image to Enlarge The typ...

Anita Joseph: "My Big Bum Attracts Men To Me" .

Nollywood actress, Anita Joseph, in a new interview revealed what attracts men to her. According to the actress who wondered if having a big ass or a killer figure is a problem, it has not been easy dealing with the advances she’s been getting. She told Saturday Beats; “When it comes to my body, it has not been easy with the advances I get from men because of my bum. It has not been easy at all. It makes me wonder if it is a problem having a big bum or a killer figure”. On if she will opt for bum reduction, she said; “It has never occurred to me to reduce my bum. No, why will I do that? Reducing my bum will be me mocking God for what He has blessed me with. I can’t even add weight because if I do, my bum would become massive. People pay to make their bum big, why would I reduce the natural one God gave me for free? Please leave my bum, it’s from God, undiluted.” She then admitted she is in a relationship; “I am in a relationship but my boyfriend is not in the entertainment industry, I ...

North Korea: New UN sanctions an act of war.

North Korea has described the latest UN sanctions imposed on the country as an "act of war". A foreign ministry statement said the measures were tantamount to a total economic blockade, the official KCNA news agency reported. It added that strengthening North Korea's deterrence was the only way to frustrate the US. The UN Security Council imposed the new sanctions on Friday in response to Pyongyang's ballistic missile tests. The US-drafted resolution - unanimously backed by all 15 Security Council members - includes measures to slash North Korea's petrol imports by up to 90%. North Korea is already subject to a raft of sanctions from the US, the UN and the EU. North Korea crisis in 300 words Can the world live with a nuclear North Korea? Sanctions won't stop us, warns N Korea What did the North Korean statement say? Characteristically bellicose, it described the latest UN sanctions "as a violent breach of our republic's sovereign...