Greece debt crisis: Global stock markets slide
- 29 June 2015
- Business
Stock markets in Europe and Asia have seen big falls after Greece closed its banks and imposed capital controls.
The moves by the Greek authorities came after the European Central Bank decided not to extend emergency funding.
London's FTSE 100 index fell 2% in early trade. Earlier in Asia, Japan's Nikkei index fell nearly 3%.
On the currency markets, the euro had fallen to $1.0953 at one point in Asian trading from $1.1165 on Friday, but it then recovered some ground.
Elsewhere in Europe, Germany's Dax share index and France's Cac 40 were both down more than 3%. The Athens Stock Exchange and Greek banks are closed all week.
Market moves
- London's FTSE 100 share index was down 143.72 points, or 2.1%, at 6,609.98, with other European markets seeing even bigger falls.
- On the currency markets, the euro saw volatile trading in Asia, falling by 2% at one point, However, it has since recovered some ground, with the euro down 0.6% against the dollar at $1.1095.
Israel takes over ship seeking to break Gaza blockade
Navy boards vessel carrying pro-Palestinian activists in a peaceful operation five years after the deaths of 10 people in an Israeli raid on a Gaza-bound flotilla
Israel’s navy boarded and took over an activist vessel seeking to break its Gazablockade and was escorting it to port on Monday in an operation that did not use force, the military said.
A flotilla of four boats carrying pro-Palestinian activists had been trying to reach Gaza to highlight the Israeli blockade of the territory, with the attempt comingfive years after a similar bid ended in a deadly raid.
Three of the boats were said to have turned back while a fourth, the Marianne of Gothenburg, was boarded by the Israeli navy and was being escorted to an Israeli port.
“In accordance with international law, the Israeli navy advised the vessel several times to change course,” the Israeli military said in a statement.
Turkish police target gay pride march with tear gas, water cannon
Latest update : 2015-06-29
Turkish police fired water cannon and rubber pellets to disperse a gay pride parade in central Istanbul on Sunday, after organisers said they had been refused permission to march this year because of the Muslim holy month of Ramadan.
Police sprayed jets of water from trucks at crowds of hundreds who had gathered - many in colourful clothing and waving rainbow flags – near the central Taksim Square neighbourhood, one of Istanbul’s busiest shopping and tourist areas.
As the crowds fell back, men who appeared to be plain clothes police officers detained several demonstrators, according to footage from a Reuters cameraman at the scene
While homosexuality is not a crime in Turkey, unlike many other Muslim countries, homophobia remains widespread. Critics say President Tayyip Erdogan and the ruling AK Party he founded have shown little interest in expanding rights for minorities, gays and women, and are intolerant of dissent.
Organisers said on Twitter they had been denied permission to hold the parade because it coincided with Ramadan this year.
Govt to appeal Bashir court ruling
The government has decided to appeal the court order that demanded the arrest of Sudanese President Omar al-Bashir.
The South African government will appeal the high court order that demanded the arrest of Sudanese President Omar al-Bashir, it announced on Monday morning.
A statement of only two lines announcing the intention added no further detail.
“Government has decided to appeal the recent High Court (Gauteng) Judgement on the matter relating to President of Sudan Omar Al-Bashir. The reasons for the appeal will be contained in the affidavit that will be submitted within the prescribed due date,” the statement read in full.
The announcement comes as little surprise. Various government officials had all but said that an appeal was on the cards as the state scrambled to deal with al-Bashir fallout last week.
Why police don't pull guns in many countries
More-rigorous training and better community relations limit police shootings in Germany, Britain, Canada, and other nations. Lessons for the United States.
SELM, GERMANY — The officer, alert but cautious, pounds on the suspect’s door. “Polizei!” he says forcefully, in his native German. A man thrusts open the door and walks out. His hands are at his side, but the policeman notices a gun tucked into the man’s belt. He pulls out his own firearm in response. He then moves briskly backward, coaxing the man to place his weapon on the ground.
The cop is commended for his actions.
The next officer up bangs on the same door. “Polizei!,” he says. This time the person walks out carrying a baton, not a gun. So the cop doesn’t pull out his pistol. He brandishes instead a can of pepper spray – a reflex response that also garners praise afterward.
The latest attacks on black churches in the South are part of a long, terrible history
There have been at least six reported fires at black churches in the week following the mass shooting at the Emanuel AME Church in Charleston, South Carolina, according to the Southern Poverty Law Center, invoking painful memories of similar historical assaults on black churches
Attacks on black churches have been historically deployed by white supremacists to terrorize black communities and impose racist laws and policies on African Americans. These types of attacks — not just on churches, but on homes as well — were so common in Birmingham, Alabama, during the 1950s and '60s that the city received the nickname "Bombingham."
SPLC has not yet confirmed how many of this past week's fires were arson and hate crimes. Still, it's hard not to recall the long history of such attacks.
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