Neighboring bahrain. After two days of demonstrations by protesters from its shia muslim majority. The gulf state thats closely allied to saudi arabia, accused iran of blatant and dangerous interference in arab countries and support for terrorism. The actions followed the arson attack at the Saudi Embassy in tehran. Saudi arabia accused iran of doing nothing to prevent it. We decided to cut off all diplomatic relations with iran, and all air traffic to and from iran, all commercial relations with iran, and we will have a travel ban against people traveling to iran. Translator unfortunately the government of saudi arabia sees its interest in creating clashes and escalating tensions in the region. In recent years it has taken measures and followed policies in line with that. Reporter shia people across the middle east have been demonstrating after the execution of a wellknown cleric, he and 46 others, including an alqaeda member were charged with plotting and carrying out terrorist attac
The u. S. Gun lobby prepares for battle as obama p president obama tries to bring in stronger control measures. Strongercontcrr control measures. Chinese stock markets of plunged as much as 8 and trading has been stopped for the day. Ininvestmentors reacted to the latest signs of economic slow down in china by selling off shares. Those worries appear to have spread to other markets. The prices in market and hong kong has also fallen. Our correspondent in beijing. Why do we think, then, that this plunge has occurred in the Chinese Market . Reporter well, most analysts you speak to say that they believe its more poor factory activity data. In other words, china is making stuff the rest of the world seems to no longer wants. Manufacturing output has continued to contract for the fifth consecutive month. Also the chinese currency is continuing to weaken. It is the symbolism of it all today that really matters because this was the full day of trading in 2016. The government had put in place
Arabia executed a prominent shia muslim cleric, sheik nimr alnimr. He used the pul pulpit to criticize. Protests in iran turned violent fire bombing the Saudi Embassy in tehran. Saudi arabia responded by cutting diplomatic relations with iran, all travel trade and commercial relations. Many saudi allies in the middle east have followed suit but unease that saudi arabia and its allies already feel over a newly ascendant iran. Home of islams holiest shrines but shia iran openly challenges that asen dance asen assen assentientcy. Aascendantcy. New sanctions on irans Missile Program and separately, congress has voted to tighten visa restrictions on travelers to the United States who have been to iran. Both have the iranians crying foul and warning that any new sanctions will put the Nuclear Accord in jeopardy and that is why the saudiiranian power struggle is bound to drag the United States into the fray and there is a growing realization that last years Nuclear Accord gives iran more spac
Good morning. Strong reaction from around the world to the news that broke overnight. North koreas claims it tested a Hydrogen Bomb. The south and u. N. Inspectors can only confirm there was some sort of explosion underground at a nuclear site. They say it showed up on sensors to the north of the 5. 1 earthquake. Adrian brown has the latest from beijing. A short time ago, the Foreign Ministry here in beijing gave a briefing to foreign news agencies. The rebuke was quite mild. They appealed to north korea to cease its provocative action and urged north korea to return to the 6party talks. Now, china, of course, is about the only friend that north korea has right now. They have in the past been ideological alleys but there have been deep strains in that relationship during the past few years, namely because of north Koreas Nuclear program. China in the past have supported sanctions against north korea and, of course, it could be in that position once again if that is what the un 50i9d na
Also affected. The u. S. Gun lobby as president obama tries to bring in stronger control measures first, chinese stock markets have plunged by 8 . Automatically triggering a suspension in trading. Investors reacted to the slow down by selling shares. Those worries spread to other markets like hong kong and japan. Theyre being dragged down as we speak. This mechanism that is triggered when stocks plunge below 5 is meant to stop panic spreading, but it does seem that there is a certain amount of kon c contagion. Reporter youre right. This mechanism, this circuit breaking mechanism was supposed to contain market volatility. What happened on monday was it fell by 5 . That was enough to cause trading to be suspended for 15 minutes. Trading then resumed with the market dropping by 7 , which meant the market had to halt for the rest of the day. When that market was temporarily closed, after it fell by 5 , it did the very thing it was supposed to stop, it created panic. So we expect the market