Rallies weve tried to mount lately. Dow only 220 points s p pole vaulting 2 or 3 . Nasdaq rocketing 1. 53 . And roll over at the bell. But now the hard part begins. We know the Chinese Government has put through a whole bunch of measures to stabilize the market. We seem to be well, i never want to say we are at the curtain closing part of the greek tragedy with the lesser of two evils at least for the stock market might prevail. Still one more bailout that could be destined to bailout a year or two from now. Doesnt matter. In the shortterm a resolution any resolution is positive especially when it comes to the dollar which is selling off for once against rejuvenated euro. No doubt because an end to the uncertainty could send europes single currency soaring. The dollar really matters. Something thats going to become obvious as we go through the next weeks game plan. Mondays going to be dominated by foreign affairs, greece and china. In greece we need to hear what the left wing governmen
Live at the bridge with more on the cause. Reporter thats right, janelle. Caltrans now believes they know what started those two backtoback fires on the bridge. They say the fires were likely a report result of flares left behind by caltrans maintenance workers. Now, caltrans engineers spent the day investigating those mysterious fires after a blaze broke out this afternoon. That fire occurred on the very same spot on the bridge where flames erupt edmond night. A driver captured that fire and posted a photo on twitter. After reviewing bridge Surveillance Video today and finding flare remnants at the fire scene, caltrans now feels pretty confident they know the cause. Flares were left near the eastbound number one lane and it is thought at this point in time that they are the likely cause of the fire on monday night and today. Reporter now, caltrans believes that wind may have blown those flares into the graded joint where they eventually ignited and caught fire. Now, this investigation
Dozens found in a truck. The lives lost, in limbo, and Holding European leaders accountable for the migrant crisis. In the jurys hands. Awaiting the fate of a former student accused of raping a classmate at a prep school. Plus born to last. The album that made Bruce Springsteen the boss. His former manager talks about the record that changed everything. Ten years ago today, Hurricane Katrina reached category 10 intensity in the gulf of mexico. The white house declared a state of emergency. But few were prepared what would happen days later. More than 1800 people dead, billions of dollars of damage. Ten years later, the big easy still on the mend. Jonathan martin is in new orleans with more. Jonathan. Good evening to you john. President obama took offs his jacket and rolled up his sleeves and walked through the neighborhoods of new orleans. Many wanted to show him their homes and the communities that had come back. But the president gave remarks here in what many considered ground zero
Safely evacuate. Joe waltman is in miami monitoring the latest developments. Reporter good evening to you and all your viewers. We are overlooked overlooking downtown miami. There are two major concerns. One of course is the wind there are so many highrises behind me that are basically made of glass. Large glass windows. The second major concern is storm surge. Calling for anywhere from 1020 feet. I ask everyone in the path to be vigilant and to heed all recommendations from government officials and law enforcement. Reporter with a path of death and destruction in its wake across the caribbean irma weakened to a category 4 friday. It is still remaining a major hurricane that appears bound for florida this weekend. The majority will have merit major impacts with deadly storm surge. Lifethreatening winds. We expect this along the entire east coast and west coast. Reporter south florida to the carolinas people are bracing. Mandatory evacuations in effect in many parts of the coastal south
Now on bbc news all the latest Business News live from singapore. Backin back in the club. Pakistan reclaims its status as an investment destination. Our Oil Investors react . And, find out why this airport in south asia is not popular with travellers or airlines. Welcome to Asia Business report. A big day for pakistan, one that brings a boost to the countrys stock market as today is when pakistan rejoice the msci emerging markets index, that list looks at top rank stocks from around the world, they use those lists to determine where and how much to invest in stocks. It signals that things could be turning around for a nation where political and terror related problems have taken centre stage. Pakistan used to be part of the index but was removed due to the decision to shut down for four months in late 2008 after prices dropped dramatically meaning Foreign Investors could not get their money out. We arejoined by investors could not get their money out. We are joined by our corresponden