Im not quite sure how realistit is but to do anything but to try to move on with the show, and flawed as it is, and try to take some corrective measures. But i agree with robert 100 in his assessment of that. I think were really at an impasse here, and i dont see those calling for a Transitional Government or mixed commission, i dont see them getting very far. Theres not a cohesive Institutional Force that really supports them in this, and as one paper wrote the other day, its been much more of an emotional response than realistic response. So okay. Thank you. Were going to be open for your questions, comments. Why dont you start us. Thank you. Were going to take two or three questions, and then stepping away from the specifics of the electoral [inaudible] im sorry. Im john varba, the director of Haiti College fund. Stepping away from the specifics of the electoral process, im wondering what is the effect of this chaotic process on the functioning of the government . Everything from th
How they really changed the course of that day. Three american heroes receive frances highest honor. For taking down suspected militant on a highspeed train. He seemed like he was ready to fight to the end. So were we. A lot of people have their eyes on wall street. Down more than 6 , more than 1,000 points. Incredibly rare. Heightened interest around Vice President joe biden. Hes doing everything he would be doing if he intended to run. On the republican side, shifting the focus away from donald trump. For the first time i can imagine trump winning the nomination. Wildfires continue to burn across the western u. S. Crews battling wildfires in washington. They should be getting some help. A large explosion at a u. S. Military facility in japan. They have confirmed there are no reports of injuries. It breaks my heart and i dont like it. Two men will be arraigned on gun charges after allegedly threatening the pokemon World Championships in boston. These two people, not welcome here. Afte
Markets took a hit following a huge drop in chinese stocks and cbs reporter jill wagner is at the New York Stock Exchange with the latest. The dow jones plummeted again at the opening bell. Dropping more than 1,000 points in the first few minutes of training. The sell off continues last weeks tumble on wall street. The dow plunged 530 points friday. Its worse session in four years. And the markets worst week since 2011. Fears of chinas economic slow down are shaking investors. Stocks fell with chinas index tumbling 8. 5 . Its biggest oneday loss in eight years. The plunging price of oil, prices fell below 40 a barrel for the First Time Since 2009. The Stock Exchange is prepared to halt trading for 15 minutes if the s p 500 falls 7 . Wall street is now in whats called a correction, a fall of 10 or more from the high. Corrections are natural in a bull market. And most analysts say this one was long over due. Longterm im still bullish. I still believe in the United States of America First
Terrorist on the attack. From abc news, this week with George Stephanopoulos begins now. Good morning. What some called a summer fling still going strong, donald trump drawing record crowds. Hes going to join us live in a moment. But we begin with that brewing intrigue on the democratic side. Vice President Biden calling populist star Elizabeth Warren to washington for a secret meeting. Jonathan karl tracking the latest. That biden is taking a serious look at this race. Reporter it sure is, george. This is a meeting between the two democrats who could potentially pose the greatest threat to Hillary Clinton if either one of them decided to one. Now, warren, of course, has emphatically ruled out running. Biden is seriously considering it. Its hard to imagine anything that would give him a bigger initial boost among base democratic voters than support from warren. Warren, by the way, has been decidedly cool about Hillary Clintons campaign. Just listen to this clip from a recent interview
What you can control, what all of us can control is how we react in any situation and how we choose to invest our money in any situation. Again, i point out that it is still early in the day. Were continuing to follow things. Down here on wall street, we can show you back live you can see a large number of tourists down at broad and wall. It is high tourist season in new york. A lot of tourists are hearing of the market situations and certainly theyre coming down here, were going to find out the latest watching us work and trying to take pictures as well. Its an unsettled time to a certain degree. Again, we see a rebound up to this point. Well continue to watch the market as the day progresses. Reporting live, Tim Fleischer channel 7 Eyewitness News. Many folks are worried about the wild ride on wall street as todays initial plunge a sign of something bigger. Joining us now abcs chief correspondent, rebecca jarvis. Average investor . I think for the average investor whats so interestin