Feared trapped under the rubble in duma and protests against the president calls for the guatemalan leader to resign over corruption claims and i have all the sport. Usain bolt is officially the fastest man in the world. He was not the favourite but was good enough to win a third title in the 100 metres. We begin in lebanon where one died and several others wounded during antigovernment protests if the capital beirut. Clashes are ongoing in the lebanese capital with Security Forces using tear gas and live ammunition. More than 30 officers have been wounded. Some are in a critical condition. Its the worst unrest in a month of demonstrations triggered when rubbish began to pile up on the streets. As lebanons economic crisis deepened, the Prime Minister warned it could become a failed state and hind hinted he might step down. Do you know in the future we may not finance our debt and it may lead to our country being classified as a failed company. All this i will put on the cabinet next we
The people want the fall of the regime. Protests sweep the lebanese capital beirut for a second day. Hello, it is the start of a new week but on the worlds Financial Markets it looks like the same story. Fears of a slow down in the worlds second biggest economy are continuing to spook markets across asia after last weeks big drop. And thats created panic among traitors and investors triggering a global silfverberg sell off a slide in Commodity Prices and currency. The shanghaied composite wiped out its entire gains for the year dropping more than eight on 8 on monday and that had a ripple across the asian markets that saw its biggest fall since 2011. Emerging economies like vietnam have all taken a homering. More than 5 trillion have been wiped off the market since china devalued its currency earlier this month. Oil prices have fallen below 40 a barrel. And the currencies of countries like india, malaysia and indonesia are badly hit. As mentioned, the free falling chinese stocks have l
This is Al Jazeera America live from new york city. Im randall pinkston. Investors seem to be catching their breath this hour. Reversing earlier huge losses on u. S. Stock exchanges. The dow right now is down 177 points. A big change from the open where the dow fell more than a thousand points. It was in response in part to the sell off in china. Oil prices plummeting, too, theyre now at a sixyear low. Ali velshi joins us to try to put son context and perspective on this whole thing. Down more than a thousand points. Now down 150normally we would not be talking about a dow that is down 1 . There have been a string of down days, that would make us want to talk about this, but when the market opened it opened in such velocity. Now as you said it was in response to what happened overnight in shanghai and asian markets. In america the dow closed down more than 500 points. I could tell that it was closing with such velocity and heading down that it was only the closing bell that would stop
Union. Eants governmenantigovernmenn nepal, many died. In sport, another 100 meter goal for jamaica, this time in the womens final, details later in the program. Well they looked for some time as if they wouldnt work, marathon talks between north and south korea, finally ending in a agreement, that nearly pushed the two countries into the brink of armed conflict. Reported north korea had expressed regret over a land mine incident that wounded two south korean soldiers. This month, both countrys militaries have been on alert after a brief exchange of fire at the border. Harry fawcett, give us an idea of the importance of this expression of regret and what the south has agreed to do in exchange. Reporter well, it was very important that there was, what President Park geunhye was saying there need to be a clear apology from the north as well as measures to make sure there was no recurrence of the kind of provocation that south korea terms this has been. What there was in terms of the text
And we begin with one of the wildest days on wall street in years. The Dow Jones Industrial average plummeted nearly 1100 points minutes after the opening bell sounded this morning. Stocks managed to recover some of take losses, but at closing bell the dow was still down 500 points. Financial markets have lost trillions in value over the last few days. The euro first index lost more than 521 billion. The Australian Security Exchange lost 60 billion of value. And it is estated that s p 500 companies lost about 685 billion in value today. Mary snow spent the day on the Trading Floor on wall street. Mary, how do you explain what happened today . Thats the one question everyone was trying to explain, and theres no one simple answer, but there was one overriding theme, and that was fear and uncertainty. And to get a sense of just the wild ride you were just talking about, take a look at this oneday chart on the dow. It was the singlebiggest point drop in the market ever. The market did reco