That was the day the Swiss National bank unexpectedly scrapped its threeyear policy of putting the franc against the euro at 1. 20. The euro slumped from 1. 20 to a low of 85, that is a drop of 29 before closing down 19 , the biggest drop ever, and the lowest close ever. The move prompted a selloff in companies on concerns this unexpected policy shift would hurt exports. This wasnt the only central bank to cause massive ripples across global markets. Lets look at china. The yuan devaluation on august 11. It triggered the yuans biggest oneday drop since january, 1994. It also prompted a widespread selloff in emergingmarket assets. This is the msci emerging markets index. In the two weeks that followed the yuan devaluation, this gauge sunk by 13 on concerns that the move signaled weaker and demand from china and the start of regional currency wars. Lets finish with the biggest corporate scandal of 2015, volkswagen. On september 18, it admitted to cheating on u. S. Diesel emissions tests.
General. Snow and traffic across oklahoma and texas. It could get worse this week with some areas expecting up to three feet. Good morning, welcome to aljazeera america. Im stephanie sy. Im del walters. President obama calling it an act of pure evil, the beheading of yet another american hostage by isil. Aid worker formerly known at peter was kidnapped more than a year ago in northern syria. Evidence of his death can be keen in a new video released by isil on sunday. Aljazeera america is choosing not to show it. He is a former army ranger. He was remembered in his hometown of indianapolis. It comes as more u. S. Airstrikes pound kobane near the syrian border. There are reports of fierce battles with peshmerga forces. Reactions of sorrow and outrage from around the world for a Young American man who wanted to help as herrens. He converted to islam while in captivity, changing his name. This morning, peters parents are grieving over the murder of their son, a former u. S. Army ranger tur
Camp because it has not received aid in six weeks because of syrian fighting. Pope francis visits typhoonhit tacleban. Hundreds of troops have been deployed across the country to protect targets across the country including jewish sites. As far as the arrest of 13 people in a series of nationwide raids on thursday and friday, Officials Say they had been preparing an attack on police. Five of them had been charged with taking part in terrorist activities. We have more from the capitol of brussels. Authorities taking the extremely usual step of calling in the army. 300 troops are gradually deployed in the coming days. Were seeing them here on the streets of brussels. Theyre expected on the streets in the north of the country where there is a large jewish population. Well thursday the authorities staged a major raid against a suspected extremist cell. There two suspects were killed, a third was arrested. That was one of a dozen raids that took place across the country. The Authorities Say
Countrys east as a government offensive continues around donetsk and the international airport. Those claims are likely to add to the attention surrounding highstakes talks in berlin on wednesday and the on wednesday, aimed at stemming if i can violence. We will be going to care for the latest. First, this report. Destruction on the outskirts of donetsk following the most intense fighting in weeks. Just a few kilometers away life the airport, or what is left of it. Ukrainian Authorities Say that prorussian separatists began firing on the airport from this neighborhood and they had little choice but to return fire. Local residents are caught in the middle. After the first explosion, we all fell to the floor. After a minute or two, with there was another explosion and we heard people screaming. When we went outside, we heard crying and sobbing at one of our neighbors was injured. My neighbors has been was dead. We called an ambulance. My neighbors husband was dead. We called an ambulance
Spies. And the people of gaza say they have had nothing but broken promises. It is a tactic designed to spread fear. In iraq over 100 men and nine boys, some as young as nine have been kidnapped by the Islamic State of iraq and the levant. They long to one of the biggest tribes in the country. Iraqs defense minister is a member of that tribe. All of those taken come from a single village east of tikrit. In an area where isil is involved in fierce fighting with government forces. First, though, were going to go to syria, where isil forces are under attack from kurdish forces. Reporter syrias kurds have been at war with the Islamic State of iraq and the levant for months. Isil fighters were defeated in the border town of kobani now kurdish fighters are trying to force them from this area. They lost a view villages. Ilgss not an easy fight. U. S. Lead coalition has been helping the kurds with air strikes from the air. It is strategic for isil and the fight against the armed group. It bord