john, thank you. the presidential candidates have an opinions when it comes to the cause of the global market slide. republicans blaming everything from the federal reserve a and wall street elites and spending policies of the obama administration. here is donald trump. i have been telling everybody for a long time china is taking our jobs and taking our money. be careful. they will bring us down. you have to know what you are doing. we have nobody that has a clue. former ceo carly fiorina blames the market slide on the federal reserve for the easy money policies. chris christie says it is the obama administration s fault for spending too much. and scott walker wants a strong message sent to china. i called on the president of the united states to cancel the state visit he is providing for
john defterios, thank you. the republicans are blaming wall street elites and the obama administration. we have donald trump sounding the warning we heard before. i have been telling everyone for a long time that china is taking our jobs and money. be careful. they will take us down. we have nobody that has a clue. former ceo carly fiorina blames the market slide on the easy money policies of the federal reserves. and governor chris christie says it is the obama administration s fault for borrowing too much. scott walker wants to send a strong message to china. i called on the president of the united states to cancel the state visit he is providing for the head of china.
lower on thursday, as well. fresh fears of the global economic recovery is part of what s behind this market slide. for some context let s bring in the director for the investment firm lindh advisers. big picture. you have china, brazil, russia, all slow downs with those countries. oil at six-year lows and mixed messages from the fed in the united states on whether it might raise interest rates. this sounds really bad. people are asking when do you hit the panic button with this? quite frankly, i think the world is realizing the liquidity that central banks around the world have thrown at the global economy in the last six, seven years have not reignited sustainable economic growth. every forecast we see at the moment is downgrading growth forecasts for emerging markets,
china s announced another round of measures to halt the market slide and it appears they had an effect. the market is in positive territory today. interest rates were cut to a record low and brokerages plan to buy billions worth of stock. transport in london is reporting more commuters than usual are flooding the roads because of a tube strike. tfl added 200 buses to help millions of people get around until trains start running again tomorrow morning. just hours from now, former fifa vice president jack warner is expected in court for an extradition hearing. the united states requested his transfer from trinidad and tobago. he was charged with wire fraud, money laundering and
what shut down the knock stock exchange. it came after united airlines had to ground flights worldwide also due to a tech nickal glitch as well. u.s. homeland security said they were not related or the result of any sort of hack. train workers on are strike for the london underground over a new pay deal that will start in september. the trains shut down wednesday evening. they are expected to start running on friday morning. european creditors for another bailout. details are due in the next few hours. the three-year plan is expected to attack pension reforms as well. banks will be closed until monday with a 60 euro a day limit on atm withdrawals. chinese regular laters are trying to stop the market slide there. there have been wild swings but