World News Briefs -- August 5, 2019 (Evening Edition)

Daily Mail: Dow plunges 767 points and Apple sheds $45.7 BILLION of its value as Trump revs up China trade war and blasts Beijing for 'manipulating' currency

* Global shares fell sharply Monday after China let its currency to sink to an 11-year low against the dollar, fueling concern that Beijing is using the yuan as a weapon
* The Dow was off more than 772 points, a near record for a single day's losses
* President Trump suggested the Fed should respond to Chinese 'currency manipulation' with more aggressive rate cuts
'Are you listening Federal Reserve? This is a major violation which will greatly weaken China over time!' he said
* Trump has proposed new tariffs on $300 billion of Chinese goods, spooking tech analysts who warned it could depress demand for the iPhone
* Apple Inc. lost more than 5 per cent of its value in a single day, wiping off more than $45 billion

Stocks plunged Monday on Wall Street as traders worried that about how much President Donald Trump's escalating trade war with China will damage the U.S. economy.

The Dow Jones Industrial Index was down 767 points before the end of trading, near the level of its biggest one-day selloff ever.

That record loss, just 10 points greater than Monday's, came a month ago – one of a series of corrections that the White House has brushed off as aberrations in an otherwise strong market trend.

China let its currency, the yuan, drop to its lowest level against the dollar in more than a decade nefore trading started Monday in New York, a move that Trump railed against as 'currency manipulation.'

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MIDDLE EAST

Turkey to launch offensive in Kurdish-controlled area in northern Syria: Erdogan. Turkey to launch offensive in Kurdish-controlled area in Syria.

Syrian army resumes operations in rebel-held Idlib. Syria regime, Russia resume Idlib air strikes after scrapping ceasefire.

Yemen: Houthis launch drone attacks on Saudi airports, airbase.

Iran says it will further breach nuclear deal in one month unless Europeans act.

Iran seizes 'foreign' vessel in Persian Gulf.

Iranian oil tankers unloading in Chinese ports despite U.S. sanctions.

Iran announces joint military drills with Russia.

UK joins US in mission to protect oil tankers in Gulf.

ASIA

US-Taliban talks stretch into third day in Doha.

North Korea fires two unidentified projectiles - Joint Chiefs of Staff.

North Korea took $2 billion in cyberattacks to fund weapons program: U.N. report.

India abolishes Kashmir's autonomous status.

U.N. urges sanctions on Myanmar army businesses, says foreign partners could be complicit. UN urges sanctions on Myanmar army-linked businesses.

China, Japan and South Korea ‘likely to hold summit in December’, despite trade rift.

China's yuan slips to 11-year low amid trade war.

Mike Pompeo’s visit to Micronesia highlights US anxiety about rising Chinese influence in Pacific.

Australian politician calls for end to Chinese lease at Darwin Port.

Beijing again gives ‘unflagging support’ to Carrie Lam, warns Hong Kong is entering ‘most dangerous phase’.

Hong Kong official says there is no need to deploy China's army as protests continue.

Hundreds of flights cancelled leaving travellers facing chaos as citywide strike action hits Hong Kong International Airport.

Cambodia's Khmer Rouge chief ideologist Nuon Chea, 'Brother Number Two', dies aged 93.

Jakarta comes back online after power blackout hits 10 million people for nine hours.

AFRICA

Libya airstrike kills dozens in southern town. Drone attack kills dozens at wedding in Libya: Reports.

Libya's counterterrorism force condemns U.N. envoy's 'terrorist' statements.

Egypt calls deadly Cairo car blast 'terrorist attack'. Cairo car bomb kills at least 20 outside hospital.

Sudan's military, protest leaders sign constitutional declaration.

Ebola: Half of cases going undetected.

Zimbabwe hikes fuel prices by 26 percent.

Nigerian Shiite leader granted bail for medical care abroad.

EUROPE

Boris Johnson has no intention of renegotiating Brexit deal, EU told.

Brexit: Parliament can't stop no deal, says minister.

Scots favor independence from United Kingdom, Ashcroft poll shows.

EU criticises 'militarisation' of South China Sea.

Russia's Putin urges new arms talks with US to avoid 'chaos'.

Mass evacuation after fire triggers explosions at Siberian base.

Owner of house where Hitler was born in Austria will get £745,000 in compensation after it was seized by the government to stop it becoming a Nazi shrine.

AMERICAS

U.S. designates China as currency manipulator.

El Paso shooting death toll rises to 22.

Trump condemns white supremacy, racism after shootings.

FBI to investigate 'hate crimes and domestic terrorism' after series of mass shootings, Trump says.

Texas prosecutors to seek death penalty for El Paso shooter.

Mexico vows to take legal action against U.S. after El Paso massacre.

Puerto Rico protests: New governor faces confirmation vote.

Venezuela hyperinflation hits 10 million percent. ‘Shock therapy’ may be only chance to undo the economic damage.

US prosecutors accuse Honduran president of drug conspiracy.

TERRORISM/THE LONG WAR

Egypt: Cairo hit by deadly 'terrorist' explosion.

Lone wolf attackers inspire each other, NATO chief says.

Exclusive: FBI document warns conspiracy theories are a new domestic terrorism threat.

ECONOMY/FINANCE/BUSINESS

Dow plunges 760 points in worst day of 2019 as trade war intensifies.

S&P 500 plunges in worst loss of year as trade war escalates.

Analysts warn of global recession; Dow sinks in early trading.

Global stock markets crash as US trade war with China escalates.

Oil drops as demand fears overshadow Iranian tanker seizure.