Monday, February 5, 2018

World News Briefs -- February 5, 2018 (Evening Edition)

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Down it goes: The Down Jones Industrial Average lost 1,175 points, or 4.6 per cent, ending the trading day on Monday at 24,345

Daily Mail: Dow plunges 1,175 POINTS in massive second day sell-off wiping the year's gains off the map

* Dow briefly plunged nearly 1,600 points, before recouping half that loss within minutes
* Markets closed with Dow at 24,345, down 4.60 per cent
* Stocks took their worst loss in six and a half years and ended a period of record-setting calm for stocks
* Market’s slump began on Friday as investors worried that signs of higher

The Dow Jones Industrial Average plummeted 1,175 points by the closing bell on Monday afternoon, erasing its gain for the year, as the market extended a slump that began on Friday.

Stocks took their worst loss in six and a half years and ended a period of record-setting calm for stocks.

Earlier in the day, the Dow briefly plunged nearly 1,600 points, before recouping half that loss within minutes, but its gains for the year were still gone.

The dramatic drop on Monday at one point brought the Dow below 24,000 points. The trading day ended with Dow at 24,345 point, down 4.6 per cent.

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MIDDLE EAST

US-led coalition says 'adjusting' down forces in Iraq.

Syria raids kill nearly 30, as war of words escalates over chlorine use.

Bloody 24 hours as Syria, Russia escalate punishing attacks.

US, Russia clash at UN over Syria chlorine attacks.

Russia steps up air raids on Syria's Idlib province after jet shot down. Air raids on rebel-held Idlib province intensified. Syria war: 'Chlorine attack' on rebel-held Idlib town.

Syrian refugees at risk of being forced back home despite ongoing violence, report warns.

Turkey warns US troops over risk of clashes in Syria.

Turkish president heads to Italy to discuss Jerusalem with pope. Turkey's Erdogan meets with Pope Francis during Rome visit.

On mountain frontline, Yemen army makes push for Sanaa.

Yemenis protest after US drone attack kills 7 in Shabwa.

Iran: Guards shoot sword-wielding man trying to enter president's office.

Iran says jails 'nuclear spy' for U.S., European country.

ASIA

Maldives president declares emergency, former leader arrested.

Maldives crisis deepens as government defies supreme court.

US won't rule out Olympics talks with North Korea.

Nuclear plan: China accuses US of 'Cold War mentality'.

North Korea's ceremonial leader Kim Yong Nam to visit South Korea for Olympic.

North Korea plans to send arts troupe to South by ferry.

Rohingya abuses could spark regional conflict: UN rights chief.

China looks to stamp out cryptocurrency trading.

Samsung heir Lee Jae-yong walks free after jail term suspended.

AFRICA

Libya forces may be colluding with migrant smugglers: UN report.

Polisario 'ready' for direct Western Sahara talks with Rabat.

US blacklists DRCongo general and three rebel leaders.

Suspected jihadists kill two soldiers in Mali.

Boko Haram kills two as military says group 'defeated'.

Child abductions rise as South Sudan war incites desperation.

Fate of S.Africa's Zuma hangs on Wednesday ANC meeting. Jacob Zuma: South Africa president 'rejects ANC request' to stand down.

One dead in Guinea clashes as opposition alleges vote fraud.

EU concerned over rights abuses in E. Guinea.

Army generals who ousted Mugabe feared 'bloody' counter-op: Report.

Cape Town's Day Zero to move to mid-May. Cape Town now faces dry taps by May 11.

Esmond Bradley-Martin, leading investigator of ivory, rhino horn trade, stabbed to death in Kenya.

EUROPE

German parties add another day in last-ditch push for coalition.

Russia questions US compliance with key nuke accord.

Cyprus president Anastasiades defeats leftist challenger.

Downing Street says UK will not be in customs union with EU.

Berlusconi pledges to deport 600,000 illegal immigrants from Italy.

German coalition talks adjourned, set to continue Monday.

European stocks tumble on strong euro.

Russian police accuse Navalny of assaulting officer during protest.

Record snowfall hits Moscow, downing thousands of trees.

France warns travelers of snow and ice after serious floods.

AMERICAS

As stocks plunge, Trump hits Dems for non-support on economy.

Nielsen says 103.4 million watch Super Bowl.

Super Bowl: Philadelphia win sparks mayhem in city.

Trump lashes out at Schiff over Russia probe memo. Trump calls Schiff 'one of the biggest liars and leakers in Washington'.

The government could shut down if Congress doesn't act this week.

Costa Rica poll goes into runoff as evangelical leads.

Ecuador 'rejects unlimited election terms', blocking Correa return. Current, former presidents at odds in Ecuador referendum.

U.S. could ban imports of Venezuelan crude oil.

Ex-Cuba prisoner rejects Trump plan to expand internet on island.

TERRORISM/THE LONG WAR

ISIS beaten, U.S. troops reportedly start Iraq drawdown.

Islamic State threatens Iran from "Tora Bora" borderlands.

Salah Abdeslam: Paris suspect attacks 'anti-Muslim bias'.

ECONOMY/FINANCE/BUSINESS

Dow plunges 1,175 points in worst day for stocks since 2011.

Zuckerberg acknowledges 'mistakes' as Facebook turns 14.

Global stocks routed, yields rise as U.S. inflation threat spooks markets.

In Super Bowl ads, a play for values and a contentious MLK message.

China hits back after US tariffs.

Airlines probed over 'confusing' seating policy.

Nissan, Dongfeng to invest heavily in e-cars in China.

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