The great fall of China?
The Chinese stock market is surprisingly parochial, and its collapse may not have the global fallout many fear
in Shanghai Follow @cliffordcoonan
There were splashes of intermittent rain and the air was muggy around the ShanghaiStock Exchange on the Pudong side of the Huangpu River, but the climate was slightly less dispiriting than it had been for weeks.
After rising by 150 per cent in a year, China’s stock market had nosedived in the past three weeks, losing 30 per cent of its value and badly jangling the nerves of investors.
Many of the companies in Pudong’s Lijiazui financial district, home to the World Financial Centre, the tallest building in the city, are listed on the Shanghai bourse.
Retail investors account for a whopping 85 per cent of Chinatrade, adding volatility to the mix, and adding fears of political fallout should a stampede mentality take hold.
One young man looked at his stock index Wechat page, and for the first day in weeks, the six indices on the app were in red, indicating that the markets were on the rise.
Macedonia's uniformed border thugs await war-weary Arab migrants arriving at Europe's doorstep
San Francisco's fog is famous, especially in the summer, when weather conditions combine to create the characteristic cooling blanket that sits over the Bay Area.
But one fact many may not know about San Francisco's fog is that in 1950, the US military conducted a test to see whether it could be used to help spread a biological weapon in a "simulated germ-warfare attack." This was just the start of many such tests around the country that would go on in secret for years.
The test was a success, as Rebecca Kreston explains over at Discover Magazine, and "one of the largest human experiments in history."
But, as she writes, it was also "one of the largest offenses of the Nuremberg Code since its inception."
The code stipulates that "voluntary, informed consent" is required for research participants, and that experiments that might lead to death or disabling injury are unacceptable.
Sikh postman 'wins turban battle with Disney'
- 5 hours ago
- US & Canada
A Sikh postman at Disney World has won his fight over claims he had been made to work away from customers so they would not see his beard and turban.
Lawyers for Gurdit Singh said he had been segregated from staff and customers at the Florida theme park because he violated a "look policy".
Disney now says Mr Singh can deliver post on all routes, in full view of customers.
The company says it does not discriminate based on religion.
Mr Singh, who has worked at the theme park since 2008 but always out of sight of visitors, said he was "incredibly thankful" Disney had decided to change course.
"My hope is that this policy change opens up the door for more Sikhs and other religious minorities to practise their faith freely here at Disney.
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