Wednesday, July 8, 2015

World News Briefs -- July 8, 2015

Investors look at computer screens showing stock information at a brokerage house in Shanghai, China, July 8, 2015. Reuters/Aly Song

Reuters: China stock market freezing up as sell-off gathers pace

China's tumbling stock market showed signs of seizing up on Wednesday, as companies scrambled to escape the rout by having their shares suspended and indexes plunged after the securities regulator warned of "panic sentiment" gripping investors.

Beijing, which has struggled for more than a week to bend the market to its will, unveiled yet another battery of measures to arrest the sell-off, and the People's Bank of China said it would step up support to brokerages enlisted to prop up shares.

MIDDLE EAST

Islamic State targeted in 25 air strikes by U.S.-led coalition: statement.

Syrian Army launches operation to liberate ISIL-occupied Palmyra.

Iraqi court sentences 24 men to death over massacre near Tikrit.

Yemen critically short of food, fuel imports as war cuts supply lines.

U.S. and Iran resume talks after another deadline lapses. White House says Iran talks will go on; deadline is extended.

Iran faces off with global powers in game of brinkmanship. Iran says makes new proposal in nuclear talks, West unimpressed.

Out of sight but not power, Erdogan eyes snap Turkish election.

Israeli tensions still high 1 year after Gaza war. Calls for end to Israeli blockade one year after Gaza war.

ASIA

China Markets plummet despite government intervention. Chinese stock markets continue to nosedive as regulator warns of panic.

Russia, China can jointly solve all problems, overcome all difficulties — Putin.

Taliban and Afghan government hold talks in Pakistan. Taliban, Afghan officials hold peace talks, agree to meet again.

Myanmar sets historic general election date.

UNICEF: Drought puts North Korean children at risk.

Philippines asks tribunal to invalidate China’s sea claims.

Both China and Taiwan have South China Sea obligations, says Beijing.

China opens exhibition to mark the war victory over Japan.

AFRICA

Suspected Boko Haram militants kill 26 people in Chad attacks.

At least 13 killed in Boko Haram attack on northern Cameroon.

22 die in ethnic clashes in Algeria, president calls meeting.

Tunisia starts building wall on border with Libya to protect against ISIL.

South Sudan rebel warns president of more fighting if he stays on.

In Sudan, peacekeepers’ weapons have repeatedly fallen into militants’ hands.

Ivory Coast 'charges ex-rebels for election violence'.

Burundi President Pierre Nkurunziza's CNDD-FDD wins election.

EUROPE

Greece submits new loan request, as Tsipras takes defiant stance. Greece asks for new 3yr loan, promises reform plan on July 9.

EU banks watchdog says Greek contagion limited so far, remains vigilant.

Russia cannot help Greece, it is EU problem — VTB Head Kostin.

Merkel assures Albania, Western Balkans of European prospects, urges reforms, tangible results.

Ukraine's displaced immigrants near 1.4 million amid humanitarian crisis from war with Russian-backed rebels.

Russia vetoes UN move to call Srebrenica 'genocide'. Russia vetoes UN resolution calling Srebrenica a genocide.

European Parliament backs compromise in step towards U.S. trade deal.

AMERICAS

Colombia Farc rebels call unilateral ceasefire.

Venezuela recalls ambassador to Guyana in territory and oil dispute.

The Latest: Pope Francis wraps up time in Ecuador, prepares to travel to Bolivia.

Illegal immigrants accounted for nearly 37 percent of Federal sentences in FY 2014.

US cruise company announces go-ahead to sail to Cuba.

US gun sales spike in June.

Heroin use jumps in US as painkiller addicts switch drugs.

TERRORISM/THE LONG WAR

An IS secret to success: Islamic State shock troops who fight to the death.

FBI chief: Terror group turning to encrypted communications.

Suspected U.S. drone kills Islamic State figure in Syria: monitor.

ECONOMY/FINANCE/BUSINESS

NYSE trading has been halted.

BRICS kick starts $100bn reserve currency pool.

United Airlines flights resume after worldwide ground stop.

Reddit rival Voat buckles under demand.

No comments: