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“Gold And Silver Surge As Trump’s Tariffs Rock Global Markets”

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Gold and silver surged to record highs on Monday, January 19, 2026, as global equity markets wobbled following renewed trade tensions sparked by United States President Donald Trump. He threatened several European countries with punitive tariffs over their opposition to Washington’s proposed takeover of Greenland, heightening fears of a widening trade conflict.....KINDLY READ THE FULL STORY HERE▶

The escalation added strain to an already fragile geopolitical climate, pushing investors toward safe-haven assets amid concerns over potential disruptions between major economic blocs.

Trump, who has repeatedly argued that US control of Greenland is vital for national security, intensified tensions after talks with European nations failed to resolve what he described as a “fundamental disagreement.” On Saturday, he announced plans to impose tariffs on eight European countries—including Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland—starting at 10 per cent from February 1, rising to 25 per cent from June 1 if they refused to support the takeover.

The threatened tariffs drew swift condemnation, with the affected nations issuing a joint statement warning that such measures could undermine transatlantic relations and trigger a dangerous downward spiral. The move also cast doubt on last year’s US-EU trade agreement.

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German Foreign Minister Johann Wadephul said, “I don’t believe that this agreement is possible in the current situation.” In France, aides to President Emmanuel Macron indicated the EU might activate its “anti-coercion instrument,” which allows the bloc to restrict imports from the US, if Trump follows through. EU member states are reportedly considering retaliatory tariffs on up to €93 billion ($108 billion) of US goods.

The growing threat of a transatlantic trade war rattled financial markets, driving demand for traditional safe-haven assets. Gold climbed to a historic $4,690.59 per ounce, while silver hit $94.12, continuing gains spurred by previous tensions with Iran and the US-backed ouster of Venezuelan President Nicolas Maduro.

Equity markets across Asia reacted negatively, with major indices in Tokyo, Hong Kong, Shanghai, Sydney, Singapore, and Wellington closing lower. Seoul and Taipei recorded modest gains. European and US futures also pointed downward, reflecting ongoing investor caution.

Currencies and Commodities

The US dollar weakened against major peers as risk aversion intensified, while the euro, pound, and Japanese yen strengthened. Market strategist Charu Chanana of Saxo Markets noted that investors would closely watch whether the threats move from rhetoric to concrete policy, emphasizing that Europe’s response is equally critical.

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“Even if the immediate tariff threat is negotiated down, the structural risk remains—politicized trade, conditional supply chains, and higher policy risk for companies and investors,” Chanana said.

Oil prices were mixed, with West Texas Intermediate rising slightly to $59.52 per barrel, while Brent crude remained flat at $64.15.

Market Snapshot (as of 0230 GMT)

  • Japan’s Nikkei 225: 53,412.88, down 1.0%

  • Hong Kong Hang Seng: 26,670.01, down 0.7%

  • Shanghai Composite: 4,099.23, down 0.1%

  • Euro: $1.1628 | Pound: $1.3397 | Dollar/Yen: 157.54

  • Dow Jones Industrial Average: 49,359.33, down 0.2%

  • FTSE 100: 10,235.29, flat

Despite new data showing China’s economy grew 5 per cent last year, slowing in the final quarter added to global economic concerns. Investors also weighed warnings from US Commerce Secretary Howard Lutnick, who threatened up to 100 per cent tariffs on South Korean and Taiwanese firms that fail to expand production in the US.

Analysts expect continued market volatility as investors closely monitor whether Trump’s tariff threats will materialize into formal policy action.

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Blessing CEO Makes Dramatic Return To Instagram After Cancer Claim Controversy.

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Controversial Nigerian influencer Blessing Okoro Nkiruka, popularly known as Blessing CEO, has made a return to Instagram weeks after deactivating her account following backlash over her alleged claim of battling stage four breast cancer.....KINDLY READ THE FULL STORY HERE▶

A review of her page shows that she has now deleted all posts linked to the cancer diagnosis, including interviews and other content previously shared in support of her claim.

Only a documentary-style post focused on breast health awareness remains visible on her account.

The controversy began in January when she announced that she had been diagnosed with stage four breast cancer and appealed to the public for financial assistance. She had supported the claim with what she described as a medical report.

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However, Xinus Medical Diagnostics later disputed the authenticity of the document, alleging that it had been tampered with. The facility claimed the original report actually belonged to Deborah Mbara and was issued in May 2025.

Mbara, a makeup artist and cancer survivor, also accused Blessing CEO of using her medical records without permission.

The allegations triggered public outrage and raised questions about the legitimacy of the fundraising appeal. Mbara’s family subsequently petitioned the Economic and Financial Crimes Commission (EFCC), accusing the influencer of cyberbullying, forgery, and fraud related to the fundraising effort.

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It was further alleged that over ₦300 million was raised from the public under false pretences.

The Nigerian Cancer Society also called for a full investigation, urging authorities to ensure accountability in the matter.

Blessing CEO had initially deactivated her Instagram account as the controversy intensified but has now returned to the platform. As of the time of this report, she has not publicly addressed the allegations since her return.

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Military Moves Against Officers, Sets Up Court Martial Over Alleged Coup Plot.

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The Nigerian military has set up a court-martial to try serving personnel allegedly linked to an attempted coup, even as the Federal Government prepares to prosecute civilians and retired officers connected to the same case.....KINDLY READ THE FULL STORY HERE▶

Reliable sources told Punch that the military panel is scheduled to be constituted on Wednesday to begin proceedings against the affected officers.

Those reportedly in detention and expected to face trial include Brig Gen M. A. Sadiq, Col M. A. Maaji, Lt Col S. Bappah, Lt Col A. A. Hayatu, Lt Col P. Dangnap, Lt Col M. Almakura, Maj A. J. Ibrahim, Maj M. M. Jiddah, Maj M. A. Usman, Maj D. Yusuf, Capt I. Bello, Capt A. A. Yusuf, Lt S. S. Felix, Lt Cdr D. B. Abdullahi, Sqn Ldr S. B. Adamu, and Maj I. Dauda.

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According to sources, the officers have been in custody over their alleged involvement in the unfolding investigation. It was also gathered that they have now been granted access to legal representation for the first time since their arrest.

In a related development, the Federal Government is preparing to arraign six suspects before the Federal High Court in Abuja over an alleged plot to overthrow President Bola Ahmed Tinubu.

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Those listed for arraignment include retired Major General Mohammed Ibrahim Gana, retired Naval Captain Erasmus Ochegobia Victor, Police Inspector Ahmed Ibrahim, Zekeri Umoru, Bukar Kashim Goni, and Abdulkadir Sani.

A former Minister of State for Petroleum Resources, Timipre Sylva, is also named in the charge but is currently said to be at large.

The suspects are expected to appear before Justice Joyce Abdulmalik of the Federal High Court, Abuja.

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Peter Okoye Opens Up: Why He Refuses To Drop ‘Psquare’ Name Despite Bitter Rift With Twin Brother.

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Nigerian singer Peter Okoye has addressed increasing questions from fans over why he continues to use the “P-Square” identity despite his ongoing rift with his twin brother, Paul Okoye.....KINDLY READ THE FULL STORY HERE▶

reports that the singer recently faced public attention following his announcement of a change to his date of birth, which sparked further debate among fans on social media.

Some users questioned why he had not dropped the “Square” from his name if he truly intended to separate himself from the music duo’s legacy and his brother.

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Responding to the concerns, Mr P made it clear that he has no plans to abandon the name, insisting that he played a key role in building the brand and now considers it part of his personal identity. He also suggested that the matter is still subject to legal proceedings.

“Exactly why some of y’all are pained. I discovered the name, I earned it, and now I own it 💯. It’s a game of chess ♟️ remember we are still in court even as of yesterday! with time, you’ll understand 😉 Una go dey alright las las.🙅🏽‍♂️,” he wrote.

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The development adds to the long-standing tension between Peter Okoye, his twin brother Paul (Rudeboy), and their elder brother Jude, who previously managed the music group.

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