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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...

Pal-V Puts The World’s Flying Car For Sale.

Dutch firm  Pay-V  has put the world’s first flying car for sale. The car which made its debut in Switzerland at an international motor show by the Dutch firm can rise up to 11,000 feet in the air with about 350 miles air range. The car also has a speed of 100 mph and 112 mph on the road and the sky respectively. And if you thought you would be able to use some advanced technology or one button to get the car to move, you thought wrong.  CNBC  reports that you need to start it manually. However, Pal-V claims it only takes 10 minutes. The car has two models. The  Liberty Pioneer Edition  model which is sold for 499,000 euros (N221,196,720) comes with “unique interior and exterior finishing” while the Liberty Sports Edition stands at 299,000 euros (N132,540,720). The non-refundable payment comes with the compulsory flying lessons. There are terms and conditions to these: You need to have a pilot license and access to an a...

Discover the Best Way to Become a Private Lender.

Private investors seeking alternatives to the stock and bond markets can find more opportunities in private lending (aka hard money lending). If you understand the basics and perform the adequate due diligence for each deal, you can earn solid returns while minimizing your risk as a private lender.  The returns can be sweeter in private money loans (compared to pushing a button to buy or sell a stock) because it requires a little more knowledge, a little more effort, and a bit more patience. And if you are willing focus and put in the time to learn how it works, you can hit home runs every time you bat. So let’s do exactly that – learn the game of lending. PRIVATE LENDING - A QUICK EXAMPLE OF WHAT'S INVOLVED? At its heart, investing in hard money loans is a lot like investing in a bond, which returns a fixed yield and pays off at maturity.  Example:  If you make a loan to a borrower for $100,000 at 8.00% interest, and require interest-only payments, you will earn...

Williams off to winning start in WTA return.

Serena Williams shook off the rust from a 15-month layoff due to pregnancy to win her opening match at the WTA Indian Wells event with a 7-5, 6-3 victory over Zarina Diyas. The unseeded Williams was the top-ranked player in the world when she began her long layoff following her victory at the 2017 Australian Open, where she was already expecting daughter Alexis Olympia who was born in September. After a couple of exhibitions and a Fed Cup doubles match, Williams said Thursday she is ready to hit with the big guns on the Tour again. “I am not going to be there today or next week but I will get there and I do have my goals,” Williams said. “At some point I need to jump and fly. It takes time to get back.” Williams entered the court Thursday night to a loud ovation, with many in the half full stadium standing and applauding as she came out of the tunnel for just her third appearance in Indian Wells in the last 17 years. After that it was a matter of gradually assert...

Savings Vs. Investments: Which Is Better? Any Difference? .

Savings vs. Investments: Which should you, go for? The longtime debate stands between Savings and Investment, which is better! Before you come into the post and scream “Investments”, I sincerely want you to read and digest the post. Savings, as written in this post doesn’t mean the regular bank savings account. Please refer to the previous post for more details. You must have come across this quote that compares savings and investment before “Investments make you rich, while savings make you poor”. This is absolutely false and would never be true. Financial illiteracy is the reason why many people keep losing money in the financial market and blame the devil for such action. This post would help you decide whether you are ripe to create investments, or you should build up your portfolio with a good discipline savings culture. Difference between Savings and Investment Is there any difference between these Savings and investment? The answer is yes, and I will explain below. “Saving is ...

Aisha Buhari, UN scribe, others demand rescue of Dapchi girls.

Calls for the immediate rescue of the 110 schoolgirls abducted by Boko Haram in Dapchi, Yobe State, featured prominently as Nigeria celebrated International Women’s Day yesterday. The President’s wife, Mrs. Aisha Buhari, summed up the pleas with the charge: “Leave our daughters alone! Leave our daughters alone! Leave our daughters alone!” She noted that “as a mother,” she shared the “sorrow and agony of the parents,” expressing her earnest desire that efforts by government for the girls’ release would yield speedy results. At the National Centre for Women Development in Abuja, Mrs. Buhari stressed that for Nigeria, the day must reflect the nation’s pain and sorrow, following the Chibok abduction, and now Dapchi’s. She therefore unveiled the ‘Leave Our Daughters Alone’ theme, which she described as a strong call for an end to all abductions, urging the media to spread the message, and governors’ wives to do the same in their various states. Earlier, the wife of the...