Were being poor and a man can easily come with a death sentence. It stateful off to friends death brio has to go to the city military for his own tipsy killing is officially forbid this now this pungent twenty to fifty clips is a right here every day almost killed by police. Oh we begin the day down and everywhere in between now if you own stocks i dont have to tell you that your investments since monday morning are awash in red stock markets have tanked around the world one day and today marking record losses punctuated by brief moments of relief that the bloodletting began in the us yesterday during the monday session the dow plummeted by almost twelve hundred points its biggest ever session drop in terms of cash the. Oulds richest five hundred people lost about one hundred fourteen billion u. S. Dollars now the last contagion followed the sun and hit asian markets when they opened on tuesday japans nikkei lost more than fifteen hundred points suffering its largest one day drop since one nine hundred ninety europes erosion of equity values was then unavoidable indices in germany france and the u. K. Were hit the euro stocks six hundred index saw its worst day of trading since the bragg vote so what does all this mean and how can we put it in some context that goes beyond the numbers what weve got Team Coverage tonight that goes from europe across the atlantic to new york im happy to have here at the big table our very own business anchor daniel winters hes here with me daniels good to have you and from you guessed it the New York Stock Exchange the face that you know and trust the most from wall street our very own yes yes its good to see you i want to start with you yes can we give this a name at this point i mean what are you hearing there if its not a crash is that a correction or is it a curveball that investors have to try to hit. Technically its a correction and nobody years talking about a crash or any problem panic selling and we would need to drop fifteen twenty percent of probably to talk about depression or Something Like that but nobody uses this word over here at this point. And then what about the rest of the world and what does this look like well it doesnt look good at the moment i mean as you said asian markets down european markets down. Bond yields at a four year high as well but i think what were starting to realize when we look at the analysis when we see that actually europe wasnt dragged down as far as it could have been is that were saying that investors realize its a technical sell off that means the algorithms kick in and they start selling but when you look at the fundamentals the economy in the u. S. Corporate earnings are doing really well that too and Global Growth is starting to sync up the warning lights just flashing so we could start to see a pullback on this selloff and choppy trading as were seeing today is kind of characteristic that we dont like the fundamental fundamentals here are still solid absolutely they really are still sort of were in a solid earning season in the u. S. And get the economy in the United States is back on track in fact thats what started all of this in the first place on friday with the stronger than expected wage growth data which is expected to push up inflation thats what triggered it all and it seems things are going well and yet a bit of pessimism from the market is from the robots and you get a word of where the pessimism coming from whatever we want to call it the bar were to will be on the equity markets we know that it started in the u. S. And it is there a sense that the political turmoil in washington could it be a kohls here. Well im not sure if the political events play a major effect there right now i mean we have to saying on wall street that. Political forces have short legs meaning that political events usually do not really influence the stock prices for a really long time what is stunning right now and what really makes of people think is not that we see a correction of seven eight nine or ten percent but the speed of it i mean yesterday was in two minutes blue chips drop by five hundred points at the low of the day we saw the Market Selling off a sixteen hundred points after we already lost six hundred sixty points on friday then today we were up at some point by over five hundred points then down by over five hundred sixty points so swings off a good thousand points was in a few minutes or hours and that really makes people think about if something is off was the Market Structure itself in earlier today the former White House Press secretary under president obama chimed in on the topic of mixing politics policy and stock markets take a look here at this tweet james carney tweeted good time to recall that in the Previous Administration we never boasted about the stock market even though the dow more than doubled on obamas watch because we knew two things one the stock market is not the economy and two if you claim the rise you oh the fall. Now that was obviously on the mind of one reporter today who was traveling with the u. S. Vice president i want you to listen here to part of the press conference the Vice President and during his stop in japan i. Think. Im. Going to be in. General and i dont know what it says anything strange. Where we could be more proud of the fact that. The stock market. Increased by thousands of points so its election day twenty sixteen. But but todays selloff represents. What is very likely simply the flow of our stock. Did you get that gentleman the ebb and flow this is these are title markets when i won that were hearing from the Vice President yes i have to ask you you know we see the Vice President trying to didnt distance himself from the u. S. President we know that President Trump has repeatedly taken credit for stock Market Performance what do you hear on wall street do traders wish that the white house would just simply say nothing when it comes to the stock market. Oh well specially here on the floor most traitors i would say at least ninety percent are hard core republicans so they probably in general agree with what the president is saying but for sure its probably not that advised to mention the stock market all the time psychology place shots of major factor and overall the economy does look pretty good its more the depth of the fear that might increase that we might see higher Interest Rates what is so driving this stock market around and the stock market does not necessarily reflect the real economy and so it probably would be better for the white house not to mention that the stock market and the Dow Jones Industrial average self restraint and i think it hurt anyone daniel if there is a force in washington that can truly impact the way we see markets perform that is and it remains the u. S. Federal reserve right yes and no because of course the fed acts on whats happening in the economy so they have to react to whats happening that they dont dictate the course however its very important that they get the timing right and the extent of Interest Rate rises right because they dont want to alarm the markets not so those who want really sure what it means when you increase Interest Rates it makes borrowing more expensive so Companies Find it difficult to well its more expensive to borrow and invest that money and that impacts impacts on the stock price as the era of cheap money may be over a question about said before we run out of time is this a a correction that we have heard that has been predicted or is this the correction that is long over due yes yes or no is it the correction thats long overdue. The correction is certainly overdue and we were just waiting for some kind of a trigger that came from the market but i have to repeat again the speed and the volatility that we seeing right now that is breathtaking and shows that maybe something fundamental is off in the way how we traded stocks today and didnt overdo the correction is absolutely overdue but whether it is enough or that theyve priced in the expected Interest Rate changes who knows we should have to wait and see and we will have to wait and see thats true you have scored in new york then a winner here at the big table to both of you thank you very much. When would any legal system suspend the right to due process what could ever justify taking such a basic right away and kenya being a man and being poor appeared to be cause enough tonight an exclusive report from a country where police are allegedly involved in a conspiracy to kill the poor in the slums of nairobi bodies of young poor men are turning up on the streets almost every day police claim that many were criminal suspects but they were killed before being arrested before facing charges or ever having a trial it was only after a whistleblower decided to act that news began to surface of kenyas alleged underground war on the poor cloaked in the promise to reduce crime. Brio has lost her son brian nineteen years old executed while having lunch. Its been two days and still feels like a terrible nightmare. And. You. Brian had aspired to become a reggae artist. Its day four after brians death brian has to go to the city mortuary for his autopsy filming is officially forbidden to smell a sponge and twenty to fifty corpses arrive here every day almost all killed by police. Its still all surreal. Joyce was brians friend and neighbor. Here in her community is where he was killed joyce says he was executed in broad daylight along with his three friends. And drew from the four boys were killed here. And three were inside. The policeman on the one who. Can enter. Back home joyce shows us another chilling piece of evidence the images of brian and his dead friends broadcast on done door a crime free one of the many facebook pages that support extrajudicial killings. Joyce says the police themselves posed the pictures to instill fear and labelled the victims as armed myal and criminals the independent medical legal unit in nairobi dr brian beach as a forensic expert for him cases like brians are part of a larger pattern. Being put into a new. Day from the police then from the crime. There. Is a lot of crime the police are trained for it but gives you a recipe for you to do some killings. He executed are overwhelmingly young men and they are poor like brian the police call them criminals. The police claim the victims were caught stealing or attacking their offices but for dr beach anger the corpses tell a different story. And she wants to be the n. T. Ones to behead and to wounds to the chest people. In the back and the head and the chest is not to do. Its job security. We reached out to the office of the Inspector General for an interview several times we also contacted i post the polices independent Oversight Authority for an official statement both repeatedly deny to double your requests for interviews in person. One officer inside the system however is willing to uncover the doings of nairobis police but only anonymously he fears he would otherwise be killed as well he wants to be called modern cop and says hes against extrajudicial killings like that of. Extrajudicial killings happen almost every other day Everybody Knows that there are extra judicial killings. Its impossible to give the exact figures but modern cop guesses about ten people are executed in nairobi slums every day that would make it more than three thousand five hundred Police Murders pay here. Martin cop explains the truth behind the posted photos of dead corpses he says that fire placed next to the victims by the police to show that they were on it. You will have to at least find a way to place a fake pistol and retaliate and say that the guy was also armed you go do your thing. But at the end of the day the concept is you must make the police look good however bad it is. So having fake guns on criminals thats true. Its take fifteen seconds Brian Statham his mother his family and friends lay him to rest and has roller area. They lament that brian makes so many of the young man was stripped off to dish or process and his human rights pencil life and death devalue. Thousands of extrajudicial killings in kenya have been covered up and unreported tragedies hidden beneath the guise of police success. Its a sad sad that brian wasnt the last down man in Nairobi Kenya. And that is a very disturbing story no doubt the reporter who brought that to us is here with me now in the studio to w. s melanie tour of the ball its good to have you on the show i have to ask you when we look at this is this a story that is just germane to nairobi or are there cases like this across kenya. Right so this investigation i did the race to place in there every so referring to other organizations and the very few data that they have published on this to say that now it is not a problem and im ready and happens in other regions in kenya but in kind of a different context so for example in kisumu lives a stronghold of i dont think the Opposition Party leader that extrajudicial killings happen but in the context of political unrest or you have the coastal area of mumbai where there is a large Muslim Population and in the fight against al shabaab counterterrorism strategies people get killed them but when it comes to fighting crime extrajudicial killings under the umbrella fighting crime he nairobi really is an outstanding awful place based on your reporting to be the message is being poor in Nairobi Kenya is tantamount to a death sentence it is for many people it really is you know crime is really rise in nairobi a lot of people even in coalition by robbery and the people at the police are expected to fight this crime to take good so they have these young men living in this time some of them in crime some x. Criminals some on just innocent but they are certainly almost always prepped up in the stereotype of being a gang member being a criminal so they become these very easy targets for police who are under pressure to deliver to them promise of making the city a safe if theyre doing this i mean its a horrible thing that is happening even more disturbing is that there are so many poor people who can be targets for these warring fauresmith forces is the thinking of beer that there are so many poor people so many poor people who are young men and if we kill them its no ones really going. We miss them and we can we can use that to improve our peor is that the thinking there five thats what we had in the report right here you have cops saying it happened and just nobody can and you know the prisons are full so for them at this kind of easy to get rid of literally someone in the slum then actually invest resources in arresting them theres a breach of this culture of impunity that the police uses in order to to live a success in the use social media i mean the facebook site website that you are showing is there the group. What happened to that group you said actually that as soon as this report aired it was gone right that specifically on this specific one so there are a lot of different groups they all have the name liked and are a crime free that will have the names of the difference numbs in their. Liking and make it a safe place and they are private groups you have to be a member was a member of them and i can see all of the pictures and there are plenty but yeah towards the end of last year that group into our crime trade was taken off because apparently one of the members had complained well and weve heard these big say that theyre going to get tough on it no one complained and someone complains right right says someone must have complained im not sure they just took it down by themselves but then the next day another one popped up which was not called under a crime free but under a Crime Free Society you know and there are so many so many more you know one disappears and there is just another to popping up today isnt it clearly not cracking down on that bridge that every very First Reading you know you bring down one another one pops back up in its place the kenyan government we have a stand has announced it is going to modernize the Police Service in the country. I mean we dont to be cynical here but is there any reason to think that that will change this situation well first of all they would actually have to recognize the situation. Which they havent done and part of the problem is because there is just not enough pressure on them to do so and hokum media hasnt really reported on this news about affair and censorship is trying a bit so the numbers that they report if they investigated or in the hundreds and on the thousands like alex sources have said and as long as these numbers on coming out and on brought up by other Media Companies maybe also international ones that will just not be enough pressure on them to actually change you know well we can only hope you know that stories like this will help to be an impetus for change in the legal system in kenya our very own military career the war here her first big investigative piece by the way here of the excellent reporting that the military. Or the Winter Olympics begin in south korea on friday and preparations are well under way in pyongyang chong the athletes village is finished and competitors are arriving with a joint korean womens hockey team and the russian contingent hitting the headlines but there is one problem with the winter games by definition its extremely cold. Yung chang is just around the corner the olympic flame currently on the final stretch of the tour of the country is only an hours drive away despite a limp excitement heating up its really cold in south korea everyone including the i. O. C. Big wigs on their inspection of the Olympic Village is wrapping up and warm. China is in the. Province one of the coldest places in the country and its