good-bye from havana. that sinking feeling, chinese market go down 8% with ripple effects across asia. ♪ hello, this is al jazeera live from doha, also ahead on the progr program, as europe's refugee crisis grows germany and france prepare to discuss options. pressure mounts on guatemala president to resign over corruption allegations and he says he is not going anywhere.
[chanting] the people want the fall of the regime and protests sweep the lebanese capitol beirut for the second day. ♪ hello, start of a new week but the world's financial markets looks like the same story fears of a slow down in the world's biggest economy are continuing to spook markets in asia and europe after the big drop and sent global commonty prices and currency tumbling. the shanghai index wiped out its entire gains for the year dropping 8 1/2% at closing time on monday, the sharpest fall since 2007 and that had a ripple effect across the asian markets and the niki the biggest since 2014 and 5 trillion dollars has been wiped off the market since china devalued its currently
earlier this year. crude oil has fallen below $45 a barrel and currencies across asia are badly hit as well. in india it takes more than 66 to buy a dollar, that is a two-year low. adrian brown has more from beijing. >> reporter: shanghai's stock market is a very scary place. within minutes of the market opening today it plunged, the index was down at one stage by 9%, it closed just a short time ago at 8.46%, that is a very bad loss and serious drop and most analysts seem to suggest the problem will continue for days and we are not reached the bottom of the market and what is driving it down in seoul and hong kong and sidney and they say it's slowing greater than the government is letting on. there is simply no confidence in
the market at the moment. the government has tried a number of stimulus and a number of ways to prop up the market, it has been buying billions of shares. that hasn't worked and then on sunday the state counsel announced that basically the government was going to use billions of dollars from the state pension to try to rescue the market. now, this is money that is set aside for the country's pensioners and if you speak to them they don't have a lot of faith in the government's approach. >> australian marks lost $20 billion in value within an hour of opening. andrew thomas has more from sidney. >> reporter: australia's stock market index was down 2% first thing on monday, delayed response to falls in the united states on friday. but when china's stock market opened australia followed suit
falling lower, down another 2% and 4% in the day over all, the worst one-day fall in four years and august is shaping up to be a horror month for the stock market here, the worst since october 2008. and the currency is under pressure as well. 1% down on the u.s. dollar. all this because australia's economy is so closely tied to china's. china is the main customer for exports like coal and iron ore and the prices have been tumbling in the past few months and the bottom may be reached and could fall further hitting australia exports even more. >> this is the director and economist for ihs global inside and says beijing has to do more to prop up the economy. >> i think the steps of the chinese policy makers have been taking are very piecemeal and not substantial enough to
reinsure investors. one of the problems is they are directing a lot of their efforts to try to stabilize the stock market but we are not seeing enough initiatives to support the real economy and that's the fundamental problem. it's the real economy that investors are not confident about. we are seeing fixed asset investments slowing down and seeing exports showing quite negative numbers for july. we are also seeing the purchasing manager index for manufacturing slowing down, so all the signs are showing that the economy is cooling. and there is no decisive measures coming out of the chinese government to show that they are trying to support the economy in a big way. there is a lot more room for monetary policy stimulus, even for some fiscal policy stimulus but it doesn't seem like they are prepared to really put in a big package of measures but would rather put in dribs and
drabs along the way and it's not convincing anybody the economy is about to turn around any time soon. a thousand refugees arrived in italy aboard an norwegian vessel and they are meeting in the next few hours to see how they respond to the influx of people, 45,000 migrants crossed through macedonia in the past few months on their way to the eu and andrew simmons has more on macedonia's border with gree greece. >> reporter: there is no end it sees to the suffering, the exhaustion, it's a different place, a rail way platform, waiting for another journey. at one stage police and soldiers had been blocking the border with force. now they are organizing transit for these people to pass through macedonia and then on to serbia and in the crush there is
tension. a train has arrived. there is no way everyone can get on board. there doesn't seem to be any system on telling these people whether they have a right to board this train or not. it is hit and miss. people are pleading to soldiers to let them aboard. they begin to let people through in orderly lines. the anxiety turning into smiles of relief. some of the security forces here are helpful and considerate. but any resistance to their orders is seen as provocation, one officer was heard telling a refugee if you don't like this then you should go back to syria and this man was saying that even though he had the right papers, he wasn't being allowed on the train. >> that's enough.
>> yeah, okay, that is enough. >> reporter: this woman from afghanistan is trying to guard an extended family of 12 through of all this and says she has been separated from some of them. >> my house and family are there and my old children and my uncle's children are there. my whole family there but we don't go. >> reporter: some people have gone to extraordinary lengths to get this far, parting with their children on the border so they be allowed in. >> they would put their children there and afterwards they would reunite the family and extract the family and let them come to the train station and this should not be happening anywhere to anybody. >> reporter: as many more people head from greece to the border the latest political moves like so many others right across europe have failed these people. andrew simmons, al jazeera, in
macedonia. let's cross now on the greece/macedonia border and what is happening there? >> reporter: about 100 meters or so down the rail way tracks the rail way station inside macedonia where andrew compiled that on this side of the border things are busy but relatively in order and there is a system of the chaos in the resent days. these people have just arrived at this point. they are able here to take a break and can get some assistance from the aid agencies gathered here, food, water as well as basic medical care if they need it. and on the other hand over there where the macedonia police have spread razor wire and armed and controlling that crossing point. it's not an official border by any means whatsoever but every hour or so they allow groups of
perhaps 200 people or so to walk on down the rail way tracks into macedonia and a much more ordered scene we have seen in resent days but make no mistake there are many people here and many more coming. >> it seems that way from what you are showing us there, more people are still arriving and that doesn't look like it's going to stop any time soon. >> no, i mean let me give you an idea of what is happening here in greece. this is the first country of course that many of these refugees reach on their journey into the heart of the european union down in the south of this country, several hundred kilometers from where i'm standing in the islands and we have spoken to people this morning on the phone who describe numbers in the region of 9,000 or more sitting in makeshift camps in the islands and those numbers being augmented every day by at least a thousand a night. there is a ferry that is
shuttling people from the islands to the port of perez carrying 2 1/2 thousand people at a time. the moment they disembark they get on to buses, they make their way through the country and in the north to this point here and that is an absolutely unrelenting flow of people. >> live for us there on the greece/macedonia border, thanks for that. it's now feared up to 20 people may have died in saturday's plane crash in southern england. a vintage fighter jet plummeted on a highway after failing to pull out of a loop on an air show and more bodies will be found when a crane removes the wreckage. three americans and one british citizen have been given france's highest accolade and had the honor metal within the last hour. alex, anthony and chris norman
received the metals for their bravery in stopping an armed gunman on a train on friday. u.s. airmen was injured in the attack. guatemala's president has told the nation in a televised address he won't step down. he has been under pressure to leave office over allegations of involvement in customs fraud. >> translator: the same strength and character which i deny my involvement and i can't help it happened in the government and by close government officials or those i designated. that asks for forgiveness and say what comes from my heart to ask that the guatemala people forgive me. i reaffirm i will not resign and fully submit myself to the legal processes. good night and god bless you. >> and david mercer has more in
guatemala. >> everybody today was expecting something possibly different from the president. there were all sorts of rumors circulating that, in fact, he was going to renounce presidency today and instead of boeing to that pressure an awful lot of public pressure he did the exact opposite. he came out resolutely strongly, placing the blame actually on foreign intervention, on foreign groups, placing the blame on other politicians, placing the blame also on the powerful business community here, the business elite saying they were not paying their share of the taxes and so he came out resolutely and said he was going to stay in power until the very end. his term is up in january. elections are two weeks away and there is not much solace for the elections either. the leading opposition party, the vice presidential candidate has had accusations of money
laundering level on him as well which he denied. meanwhile people say that they are going to continue the protests the street, there are massive street demonstrations the country has seen over the past four months and people calling on the president to resign and he says he is not going anywhere but the people say they are going to stay the street and they are going to stay protesting against him until, in fact, he does step down. the ebola epidemic appears to be almost over and sierra leone will release the last ebola patient from the hospital on money and liberia has had no known cases for weeks and guinea had three new cases reported each week. amnesty international says burundi security forces tortured members of the opposition for the successful term and used iron bars and acid to force
confessions from the opposition. amnesty accuses both the police and national intelligence service of carrying out torture of people suspected in participating in protests over the controversial reelection bid. still ahead on the program, spending their childhood in hard labor, mexican children forced to give up their education to earn a living. plus. i'm in quala-lumpar where a new river is getting a new lease on life.
hello, you are watching al jazeera, the top stories, the fall in chinese stocks continues as the shanghai exchange closes down 8%, the lowest since 2007 and concern of traders and investors triggered a global sell off and slide in commodity prices and the stocks are all trading in red. leaders of germany and france are meeting in the coming hours to see how to respond to the influx of refugees escaping conflicts in the middle east and africa and 45,000 people have crossed through mass macedonia on the way to the eu. he said in a televised address he will not step down and under pressure to leave office over allegations of customs the fraud.
growing anti-government protests in beirut. one protesters has been killed in a second night of violence and dozens injured including police, frustration and anger over piles of uncollected trash sparked this a month ago and it shifted to bigger issues as jamal explains. >> demands to topple the government, thousands of lebanese make their voices heard from downtown beirut. [chanting] there was a growing protest movement here, the people are very angry. these demonstrations were triggered after rubbish began piling up on the streets of the capitol following the closure of the mainland fill. young people formed the movement and that very quickly transformed into an anti-government movement to protest many of the under lying problems that the country faces. >> the corruption in this country is killing us slowly. people think this is about trash, it's not about trash, the trash prices is a straw that
broke the camel's back and we have major power outages and major water shortages. >> reporter: these protests cross the political divide and they chant and demonstrate their rejection of party politics and say it's controlled by businessmen and the party political elite. >> there is no scenario where people in the parliament there is no scenario where they stay and it's good. it's not going to happen. all these guys in the parliament and the ministry, all these people they need to resign. the time for change is now. >> reporter: sunday's protest started off peacefully, however protest organizers claimed that it infiltrated the crowd and forced them to ask people to leave and return again on monday. [sirens] it soon appeared that the organizers fears were warranted
and clashes appeared outside the office and the security forces. tear gas and water cannons and were thrown at the police and sounds of shots being fired. despite the violence anti-government activists say they will continue their protests and called for more people together on monday evening. the grass roots nature of this movement is what se many people here believe give it so much power. and that may be the case in terms of giving them the ability to express their genuine opposition of widespread corruption and against the government and policies the question still remains whether it will be enough to allow them to create a new political reality to replace that which has governed lebanon for so many decades, al jazeera, beirut. islamic state of iraq and the levante have blown up one of syria's most important ancient sites and the temple of baal
shamin in palmyra was bombed on sunday and began the destruction of many of the city's antiquities and blew up two ancient shrines in june and the group said were pegan and sacreligious, battling i.s.i.l. in and bar killing three fighters and three policemen were also killed in a separate incident three car bomb targeted iraqi soldiers killing 18 people. court proceedings will begin against 13 people accused of murdering a teenage boy in rural bangladesh, the video of the boy being beaten to death has gone viral with public anger and we reports from northeast bangladesh on how the attackers took the law into their own hands and a warning some viewers may find this report upsetting. >> reporter: the pictures continue to haunt some new islam's father as he campaigns
for justice. he says his son who suffered from mental and physical disabilities would never steal anything but an angry mob thought otherwise. >> oh, my god. >> translator: they killed him and gloated it on hd. >> reporter: details posted online by the culprits themselves and they bragged they had caught the teen. >> translator: we are poor and used to go to the market to help out our family by selling vegetables, that evening his mother called and said my boy had not come home. i panicked straight away. >> reporter: this is the roadside market where the attackers caught him and tied him up to this pillar. it was early in the morning but there were still people passing by so they took him to this garage at the back where they beat him to death. passersby did nothing to stop the assault. his murder is provoking
international outrage because the video has gone viral but bangladesh usually ignore publish lynchings which are common here. many victims were in the wrong place at the wrong time. >> translator: me and six of my friends were just hanging out in the evening near a bridge when men with flashlights came up and said they were looking for robbers and we told them we were students and they started hitting us. all my friends died. >> reporter: groups say mob beatings are a sign of people's lack of faith in the justice system. the police say incidents are rare and they are working to stop them. >> he gets arrested so we have people so people cannot take the law in their own hands. >> reporter: such measures will
bring little peace to this man with police presenting charges against suspects this monday, all he wants is to see his killers punished for taking away his cherished son. al jazeera, bangladesh. malaysia's most ambitious project to transform the capitol to one of the most livable cities in the world, a series for water week and we go to the waterways of kuala lumpur long used as dumping grounds for waste. >> reporter: on the out skerts of kuala lumpur, this is where jean any lee grew up chasing insects in the river and now as an adult she spends her time trying to preserve this pristine environment. >> you can never see this any more in malaysia.
>> reporter: after decades of neglect dozens of volunteers like jean any are cleaning this up and the rivers that run through kuala lumpur. their work is a vital part of the government's plan to revive 110 kilometers of the city's rivers. here in their neighborhood they have had remarkable success, but downstream this natural wonder land turns into an open drain. >> unfortunately all the time people have their life from the river and led to the current status which has all been seen as this water channel. >> reporter: as the city has grown these rivers have turned into a dumping ground for factories, construction sites and even homes. but in 2010 the government launched the river of life project aimed at rejuvenating this area into a center for work and recreation. it might not look like much at
the moment but this entire river front is ear marked for redevelopment. the government is spending more than a billion dollars but they are hoping this investment will spread tourism and business opportunities. officials say they aim to recoup the funds they are spending through the sale of atlanta once the project is complete. current trends suggest their returns will be lucrative. >> the use that the government owns or even around areas they probably own it increases by about 50%, that is a major positive development for us. >> reporter: by the time construction is complete in five years, developers are confident that the project will generate billions of dollars for the state. but the benefits for the environment may well be priceless. al jazeera, kuala lumpur. more than two million farm workers including children
travel around mexico picking fruit and vegetable, much of the produce goes to u.s. or europe and own a fraction of what the workers are paid in the u.s. and often endure terrible conditions and we have more from the mexican state. >> reporter: these children are on their way to work. they are part of the army of poor mexicans moving across the country to pick crops. it's illegal for eight-year-old to be harvesting these tomatoes but his family needs the money and his sister dreams of using some of it to study. >> translator: i have to buy rug sacks and all those things so i can go to school. >> reporter: but she has already missed a year of classes. reality is that families of crop pickers from the country's poorest states rely on every pair of hands to get by, observe at the expense of their children's education. it's not just the young who are
vulnerable in an unscrupulous market. the workers are free to come and go as they please and paid daily but many fields they are held virtually captive with their ids and wages withheld illegally to the end of the harvest season. this week authorities rescued more than 300 pickers including 78 children staying in rat-infested rooms in a farm in the state here. but workers and supervisors say it's rare for authorities to check what is happening in the fields. >> translator: the government or parties only come to us and after that they don't know you, they don't come here or think about anyone working here. >> reporter: years of neglect led to one of the country's biggest agricultural strikes in the valley. farm workers prize local concessions from the government and producers. but pickers around mexico continue to work for as little as $6 a day. the youngest of them spending
their childhoods in hard labor. john holman, al jazeera, mexico. and as always there is lots more on our website, al jazeera.com and plenty of news at al jazeera.com. harsh reality growing up in black in america. what some parents feel they have to do to protect their kids. black votes matter, why so many african-american men are missing at the polls. black lives matter, it's a phrase and a movement aimed at raising awareness at what the group's founders call antiblack racism perm yalting our society -- permeating our society.