Consulate in the city of chengdu after it shut down in a worsening diplomatic dispute also ahead. Of the biggest thing has be untold suffering. In tanzania an Opposition Leader almost killed 3 years ago returns from exile hoping to run in the forthcoming elections and im stunned how much with all the sport events crowned the italian again christian or another helps his team came to syria title for a 9th straight season. Before we get into our top stories a developing story coming to us breaking news out of israel where the army says theres been a quote security incident along the northern border with lebanon yet to go into any detail of exactly whats happened but israelis living along the border have been told to stay indoors lets take you live to western islam and al jazeera is correspondent there harry forsett harry what do we know. Well as you say the official information coming from the Israeli Military is pretty limited at the moment they say that there has been a security inciden
Usual bag of tricks that back in 2008 Global Financial crisis and remember that movie the big short and remember i was obvious that everything was going to blow up and remember how the wall street people were you know conspiring and then it all blew up in a few people make billions and billions of dollars because they cooked the books and they grabbed all that cash and we had cars reports said you know what this exact same thing is going to happen again in 10 to 12 years and guess what here we are 12 years later and they said and it continues to happen the last time in the 2007 to 2008 financial crisis we had cd those collateralized debt obligations and Mortgage Backed securities and credit default swaps and these things and then lo and behold the Global Financial system collapsed and lo and behold our Central Banks that done with a lot of money that is now being dorf by the amount of money being printed for this go round but the bad stuff actually hasnt even happened yet this is what
Indian government officially split indian administered kashmir into 2 Union Territories small of political units directly under new delhis control the Indian Government has released a new map of india in this map these Union Territories of Jammu And Kashmir and respectively also include areas which are currently under the administration of pakistan like me and now some analysts say that not be made aware this because indias stated position has always been that the region is an integral part of india however others say that india is being assertive now a few days after Indian Government. Special status and stripped off. On all this 5 they did defense minister i was the 1st person to say that the next conversation india will haue will be on pakistan as he put it occupied me and nothing else shortly after the Indian Foreign ministers are pretty much the same this gives some sort of credence to the fear of. Said that india seems to have. Administration control now china of course has backe
And now in the book which most of you now have and will soon read the center owes much to fox michael in 1975 preston taupe it would be a place for the government of Political Science in the history from abroad will inquire to learn and understand and hopefully be inspired. I do believe we have several members at the congressional and the audiences evening and rather than try to name them all a member of the board. [applause] it is also my pleasure to introduce our panel the first analyst is doctor frank backman he is the coeditor of the book and perhaps this is importantly my predecessor in the center. He is a highly scholar and spent two and half decades managing and directing the center. The academic material are invaluable and work to the note exception to that. He currently remains on staff as a center historian. [applause] our next panelist is the second coeditor in his name is doctor sean kelly, doctor kelly is a professor in the Department Care of the California State Universit
Pulling out of correction territory adding to fridays gains following the worst week weve seen in the markets in two years. Christine lagard weighed in from the world government summit in dubai. You compare valuation, you know, from a week ago, theres been a Market Correction off anywhere of 6 to 9 which frankly given where asset prices were very high, its in our view a welcomed correction. And we have observed suddenly despite the volatility the market channels and pipes and mechanisms have worked well. And we also see the financing is still plenty and very much available for the financing of the economy so, you know, corrections happen they were due to happen. And thats where we see it for more, joining us at post nine is citis chief strategist tobias letvowich we have a lot ofthings happen i think the markets were ahead of the skis. Its the olympics. I have to use the winter application. But, look, the sentiment we saw, they have been showing us that euphoric levels have been in pla