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...
According to the 2018 World Poverty Clock Report, 85 million people or 45% of Nigeria's population are extremely poor, meaning that these people cannot afford to live above the international poverty line of $1.90 (680 Naira) a day. The worrying sign is that the number is increasing absolutely and as a percentage of Nigeria's population. In 2017 the number was 79 million Nigerians (43% of population). In 2016, it was 73 million (40%). The World Poverty Clock provides real-time poverty estimates until 2030 for almost every country in the world. It monitors progress against Ending Extreme Poverty, which is the UN’s first Sustainable Development Goal (SDG1). The escape rate calculates the current rate of poverty reduction in the world. Source: http://worldpoverty.io 4 Likes 1 Share Re: Nigeria Has Highest Number Of Extremely Poor People In The World by LRNZH ( m ): 9:09am More than India... PS. Tope is correct in Nigeria been number one is...