from small businesses to major corporations. what can we do for you? and now, bbc world news america. this is bbc world news america reporting from washington. i m kathy kaye. fresh fears about the financial health of greece send global markets lower once again. tragedy strikes can yeah after a pipeline exploded, killing at least 120 people in a nairobi slum. and six months after this and on a crashed into their homes, some of japan s hardest hit communities are racing to rebuild. they fear that if nothing is done, more people will leave this town and it will slowly wither and die. welcome to our viewers on pbs in america and around the globe. it started in greece, but spread as far as japan. the fear dominated the world financial markets today and as investors eyed a very real prospect of a greek default, despite the late dave riley here in the u.s. the late dave rallied here in the u.s., from europe to china, shares tumbled. if greece is the epicenter of thi
communities are racing to rebuild. they fear that if nothing is done, more people will leave this town and it will slowly wither and die. welcome to our viewers on pbs in america and around the globe. it started in greece, but spread as far as japan. the fear dominated the world financial markets today and as investors eyed a very real prospect of a greek default, despite the late dave riley here in the u.s. the late dave rallied here in the u.s., from europe to china, shares tumbled. if greece is the epicenter of this financial crisis, it is sending shock waves to every corner of europe. but no work were the repercussions felt more acutely than here in france. today, shares of banks were sent tumbling as exposure to government debt increased, spain, and italy is under threat of a downgrade by moody s. the market is pricing in the need for government intervention. whether that is nationalization or a capital injection, it is premature speculation says the finance mi
range of companies. from small businesses to major corporations. what can we do for you? and now, bbc world news america. this is bbc world news america reporting from washington. i m kathy kaye. fresh fears about the financial health of greece send global markets lower once again. tragedy strikes can yeah after a pipeline exploded, killing at least 120 people in a nairobi slum. and six months after this and on a crashed into their homes, some of japan s hardest hit communities are racing to rebuild. they fear that if nothing is done, more people will leave this town and it will slowly wither and die. welcome to our viewers on pbs in america and around the globe. it started in greece, but spread as far as japan. the fear dominated the world financial markets today and as investors eyed a very real prospect of a greek default, despite the late dave riley here in the u.s. the late dave rallied here in the u.s., from europe to china, shares tumbled. if greece is
crashed into another that had stopped on the tracks in the eastern city of wenzhou. 40 people were killed and more than 190 others were injured. investigators say they will publicize the cause of the crash by mid-september. they say the signal lights should have been red but it was green due to a flaw in the software. they also say the worker who was on duty at the time was not fully trained on the system. he failed to notice the error and did not take the appropriate measures. china s railway ministry says it has reached on agreement with the bereaved families of 37 people killed regarding compensation but some of the families say they were pressured into consenting to the agreement. the ministry was apparently hoping for a quick settlement. it offered favors of employment and education in addition to monetary compensation. in the meantime, the ministry is inspecting high speed railway tracks across the country as well as the train manufacturers for proper safety but the lat