the capital of tripoli and his final offensive could target civilians. cnn reporters are in libya and join us live straight ahead. social media used for extremely anti-social activity. organizing crimes. so what can police do about it? we ll take an in-depth look at this high-tech dilemma. and a bucking bronco this cowboy will never forget. it was a rough ride with an even rougher ending. we ll show it to you, coming up. but first, this breaking story. two american hikers detained in iran on spying charges, now know their fate. iran state television says josh fattal and shane bauer have been sentenced to eight years in prison. the men were charged with spying and illegal entry. cnn s reza sayah has been covering this story and joins us now live from islamabad, pakistan. so what do you know, reza? reporter: well, we know, according to state-run media, that josh fattal and shane bauer have been convicted and sentenced to eight years. i think this is a verdict that s goi
case from new york. reporter: this is being reported by state run media and specifically a judiciary source talking with them tell iing the that the two hikers that remain in prison now, shane bauer and josh fattal, have been sentenced as you said to eight years. it is five years for spying as they put it, the words, cooperating with the american intelligence service. and three years each for illegally crossing the border into iran. now, this information, according to the lawyer, for the hikers, they have not officially he s not officially been told this yet, so he s still waiting for that and until then is withholding comment. and a third american was arrested with fattal and bauer. she was leased last year due to medical reasons. a military jet crashed to the at an air show in the united kingdom. it was one of the royal air force s precision aerobatic team, the red aeros. they were performing at a big aviation festival on the coast. no word on the pilot s condition.
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another recession. and adds new urgency to the political debate here in washington over new jobs initiatives. the dow jones industrial average was down just short of 420 points or 3.7%. the nasdaq down 5.2%. the s & p 500 down 4.5%. it is what drove the markets down that is again stoking recession fears. overseas more jitters as europe struggles to contain its debt crisis. here at home, data some see as evidence of a new downturn. weekly unemployment claims rose much more than expected. sales of existing homes dropped by 3.5% in july. analysts had been expecting a modest increase. the key manufacturing index was way down. and inflation on consumer goods was up. add in collapsening consumer confident and you get sober advice like this. 2012 could be a very difficult year. i m on the camp that we have more chance of being in recession than avoiding it. so they should be conservative right now. their confidence should be down. because there s every reason out there that they s