Archive | August 2015

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Krebs Daily Briefing 31 August 2015

International Al Jazeera Journalists Sentenced to 3 Years in Prison in Egypt CAIRO — An Egyptian judge on Saturday handed down an unexpectedly harsh verdict in the trial of three journalists from the Al Jazeera English news channel, sentencing them to three years in prison on charges that legal experts said were unfounded and politically […]

Krebs Daily Briefing 28 August 2015

International China: The new Spanish Empire? The Chinese turmoil roiling markets right now presents a fresh and profound challenge to the world economy: For the first time, a giant, non-European superpower threatens world financial stability and the powers that be seem at a loss.  If the IMF and World Bank have stumbled with Greece, how […]

Krebs Daily Briefing 27 August 2015

International Bodies of at Least 20 Thought to Be Migrants Are Found in Truck in Austria VIENNA — The partly decomposing bodies of at least 20 people assumed to be migrants being smuggled across Europe were found in a truck abandoned on a highway east of Vienna on Thursday, the police said. The death toll […]

Krebs Daily Report 26 August 2015

International Steep Swings for Chinese Shares as Global Markets Turn Mixed HONG KONG — Volatility continued to dominate global markets on Wednesday, with whipsaw trading across Asia. Shares in Shanghai swung between sharp gains and losses, showing no sign that China’s cut in interest rates late Tuesday would lead to a broader rally. The main […]

Krebs Daily Briefing 25 August 2015

International Global Stock Markets Rebound Despite Continued Sell-Off in China HONG KONG — After a three-day rout that erased nearly $3 trillion in value from stocks globally, markets other than China’s on Tuesday showed signs that selling pressures were easing. Shanghai stocks closed down 7.6 percent on Tuesday, after Monday’s 8.5 percent plunge, and Beijing officials […]