Region. One day after a deadly bomb blast at a hotel in neighboring somalia. The president also speaking out against republican president ial candidates who attacked his policies over the weekend. We have the latest in this war of words. Hey, chinas markets are set to open in less than 6 1 2 hours. So lets start the countdown. Liz breaking news. China chewing up wall street after demonstrating a week of stabilization thanks to massive government intervention. Last night a freefall so severe, it is affecting our markets negatively right now. Spin it forward, 6 1 2 hours away from the hang seng in hong kong and the shanghai and shen gin indexes opening again. What can u. S. Inspectors expect the day after the huge fall. How will it impact your money. We take it to the traders watching and waiting at trading floors around the nation and gerri willis. Scott, to you first. What do you think happens when china opens for business . Three hours ago, they said theyre going to put measures back
Plus. Im in kuala lumpur where an ancient river is getting a new leash on life. Fears of a slow down in the worlds second biggest economy china are continuing to spook markets across the globe and shares plunged across asia and europe and currency is also falling. Chinas shanghai complex went down 8 wiping out the entire gains for the year and its the biggest oneday fall in years and beijing deployed the billion dollar fund to pump up the market with 400 billion of assets to buy stocks failed to stop the decline, from malaysia to brazil oil and commonty exporting nations have seen their currencies hit multiyear lows and as chinas economy slows its not importing the Raw Materials to power its factories and sent the bloomberg Commodity Index to its lowest level since 1998 and neglect in crude sent Oil Prices Tumbling to 44. 55 a barrel, the lowest since march of 2009 and more from adrian brown in beijing. Reporter the share shell off began within minutes of the Shanghai Stock Exchange op
And i am really delighted to welcome back to the university to very dear friends and distinguished colleagues, both former members of the politics department. Lift us about a decade ago. Ontario canada and new mexico respectively. First and foremost i am pleased to introduce Courtney Young his new book, we are here to celebrate. The book was published last month. Everyvi everyview overview of her book and then mala will respond and moderate the discussion. She is a professor for the science at the university of new mexico and the author of two books. Inclusion without representation; gender quarters and ethnic reservations in latin america. In 2015, she was named the Andrew Carnegie fellow. She has a bachelor from harvard and a degree from stanford. I want to quote one endorsement of the book before we begin from their former school. The professor of philosophy and politics quote this riveting books charts the constilations that make it racist victim blaming and policies that deny food
Oil ministers came out and said opec is, quote, ready to coordinate oil output to shore up crude prices, crew immediately came off of the floor sending the dow on not 200 point reversal, down 411, Dow Jones Industrials suddenly added 200 points, were down 261 so it is not a sure thing at this hour. That is why we are here for you. The s p 500 sectors still in the red but it is really financials, energy is leading the way, the s p still on track, still on track for its lowest close in two years. It is flirting with their territory. And nasdaq covered 30 points above the dubious bear market point. Janet yellen gives them the second day of testimony, doing more like adding to the land we have been surprised, we didnt anticipate the dollar strength, then she said it again, negative Interest Rates are on the table. The table is about to buckle if you see things on it. Akin to oil it was getting slammed but the major catalyst, 28 minutes, opec Oil Ministers from the united or arabit hurts so
To see how people are reacting to this change. Top story this hour, the Syrian Opposition made a list of demands ahead of u. N. Brokered peace talks due to happen later this month in geneva. They want confidence Building Steps from the Syrian Government, including an immediate end to the bombardment of opposition held areas. Heres victoria gattenby. The civil war in syria is almost five years old and its estimated a quarter of a million syrians have been killed. U. N. Backed talks to end the fighting and restore the peace are due to start later this month. Syrian opposition leaders want confidence Building Measures from the Syrian Government before the talks begin. They want sir i cant be Government Forces to stop bombarding opposition held towns and cities. They are calling for Political Prisoners to be released and they want humanitarian aid delivered to those in desperate need. You cant enter negotiation whilst people are being slaughtered en masse. At least stopping this onslaught