laura: first, though, police in thailand say a man caught on video -- they are searching for a man caught on video, the bomber behind the attack in bangkok. a homemade explosive device went off outside a shrine. no one has claimed responsibility. a look at the possible suspects. reporter: banking evidence and lifting samples from blast sites, thai police are looking
for clues in the country's worst ever bombing. though they have yet to identify a suspect, authorities believe they may have a lead. >> today we see the cctv footage. we saw suspects, but it wasn't clear. we have to find them first. reporter: no one has claimed responsibility first. -- yet. the country has faced growing political turmoil both in the north and the south. experts say this attack doesn't fit in. like as certainly not politically motivated attacks we have seen in the past, which are generally been designed to grab attention but not necessarily to cause casualties. it's certainly not like attacks that have been carried out by militants in southernmost thailand. they generally restrict their text of the southernmost provinces. reporter: the prime minister
said the attack was aimed at destroying the country's crucial tourism industry. the erawan shrine is popular with asian tourists and sits at the heart of bangkok's commercial district come with its top hotels and shopping centers. laura: for more on the bombing in thailand i'm joined by the southeast asia specialist at unesco. thanks for being with us on "france 24." more than 24 hours after that bombing, the government is completely baffled as to who carried out the attack. >> yes, because it is very difficult to know who the culprit is, or the culprits are. we have to remain very careful -- we have to wait for the result of the investigations that are being carried out. there ise moment, something that should be
ntaiced, which is that he ju is more and more pointing the finger at the red shirts. but again, i don't think there thatbstantial evidence purely says that the culprit is indeed the red shirts. now, the government says it is clear about one thing, that it is certain that foreigners were a target of this attack. do you think this could have a long-term harmful effect on the tourism industry, an industry which, of course, is very important to the thai economy? it already has a negative impact on tourism in thailand and it will certainly .ave a lasting effect now we do not know -- i personally
touristslieve -- that are going to leave thailand right away because of what happened. remember, theyou -- some people -- well, left after the tsunami took place. but it's not totally comparable, thailand is an ideal place for tourism. let us not think that while the impact will indeed exist, it will be devastating, i don't personally think so. laura: all right, thank you very much indeed for joining us. formonies have been held the victims of last week's
explosion at a chemical factory in china. 114 people died in the blast at the industrial plant in the port city of tianjin. today's efforts to clean up were complicated by heavy rain. it is feared that rainwater could react with bleach sodium cyanide and i could potentially release more toxic gases into the local environment. nearly a week after the deadly blast, the much dreaded rain is finally falling over tianjin. the weather is complication cleanup efforts -- complicating cleanup efforts. the blast exposed to dangerous chemicals, including some that could become flammable on contact with water, like sodium cyanide. about 700 tons of it were being stored in a warehouse that exploded. >> with regards to the safety levels in total, there are 29 sinai inspection sites -- sinai inspection sites. of them from eight of them
exceeded safety levels. all were in the blast site. outside the blast sites, there were 14 inspection sites and none have exceeded safety levels. reporter: chemicals could also contaminate the city's water or evaporate and pollute the air. but authorities say they are prepared to face heavy rain. they have built a dam around the blast site to prevent any leaks and have drained the area to make space for rainwater. they also said they were closely monitoring air pollution levels. officials are adamant that the city's air and water are safe, but residents are skeptical. to theiving closest blast sites are asking the government to compensate them for the destruction of their homes as well as potential health issues linked to the chemicals released by the excursions. leaderburmese opposition aung san suu kyi has criticized the decision to remove the leader of the ruling political party. the president sacked him as the
head of the party last week. there are reports that his close i infuriated his colleagues and the president, who in turn has been accused of trying to cling on to power. landmark elections are due to take place in burma in november. reporter: he can still count on his allies. that was aung san suu kyi's message after the former leader of the burma ruling party was asked to -- ousted last week. the nobel peace prize laureate called the dismissal undemocratic and vowed to work closely with him in preparing the november elections. aung san suu kyi: it is not clear who is the enemy and who is the ally. -- now clear who is the enemy and was the ally. reporter: it sparked off a political ship -- a shakeup in a country that is in the faces of afteratic transition years of military rule. the government has ordered the
shutdown of two radio stations. he antagonized the military by 'srking closely with suu kyi party and tried to limit the army's influence on politics. it has left the union solidarity and element party divided, arrested that s-- a rift that suu kyi will likely -- says will likely benefit her party. laura: the ruling united national party has won the most seats in parliamentary elections, which makes it toossible for rajapakse return to power as prime minister. the unp double the number of seats in parliament held in part -- 26. indonesia, officials of found the two black boxes at the side of sunday's plane crash. all 54 people on board died when the flight came down in the east
of the country. family's worst fear has now been confirmed. board died in the sunday crash. alden indonesian. -- all of them indonesian. bad weather is hampering efforts to bring victims down from the mountain for identification. >> i hope the government father's body safely so we can give him a proper burial. reporter: the passenger jet lost contact with air traffic control just 10 minutes before it was supposed to land. evidence, thee of flight data recorder, has been recovered. >> the black box that was found will be transferred and handed over to the national transportation safety committee. reporter: the disaster is the latest entry in the country's sketchy air safety record. in december, and air asia flight
went down with 162 people on board. and the crash of military aircraft left more than 100 dead. there have been 14 serious incidents since they started in 1992 and it is one of several indonesian airline companies on the european union's blacklist. laura: moving to the latest atrocity carried out by andrea's -- nigeria's islamist group boko haram. 150 people were either shot to death or drowned trying to escape when gunmen entered their village. the attack happened in the .ortheast states boko haram, which is pledged allegiance to the islamic state organization, has killed thousands of civilians during the insurgency that began six years ago. turkey looks set to hold fresh elections just two months after the ruling ak party lost its majority in parliament.
prime minister ahmet davutoglu says efforts to form a coalition have failed to comes amid a surge in violence by kurdish militants. i spoke to our turkey correspondent and he said why no one seems to be willing to work with erdogan's party. reporter: they need 18 votes to form a majority in parliament so he could have forged a coalition with any one of the three opposition parties. he refused to negotiate with the hdp, adish party, the second opposition party, the ultra-right mhp party, refused to negotiate with him. he clearly believes that jumping into bed with the government would cost his party dearly at the next election. so he has consistently refused to conduct negotiations with the
party government. that left only the centerleft chp, republican people's party, which came second in the june elections. now, those two parties have things in common. for instance, they both believe in the peace process. but they have big differences, , which over corruption the chp wanted parliament to investigate, and also, more importantly, over the role of president erdogan. the chp wanted erdogan to observe his constitutional mandate, which says that he is not an executive president and he must be politically neutral. erdogan doesn't want that. erdogan wants to stay in charge of the government, and is frequently violated his neutrality. so the chp will have none of
that, and davutoglu wasn't going to stand up to erdogan. erdogan had appointed him, after all, as prime minister. one has the feeling that while the chp was negotiating in good didn't want a coalition government. he wanted to go for new elections. and so he has basically told davutoglu to go through the motions of looking for coalition government, but not actually to get serious. laura: all right, a lot of political wrangling going on. but fresh elections, jasper, must take place by the end of november. can we expect the political landscape to change dramatically by then? well, at the moment, anything is possible. the end of november is also three months away. when turks go to the polls come uppermost in their minds is the economy, and the failure to form a government, the revival of the pkk insurgency, this has hit the
economy heart. the leader is approaching three lire to the dollar. -- lire is approaching three lire to the dollar. economically, voters must -- the government. opinion polls revealed today for that if theme election were to be held tomorrow, the party would get less votes than it got in june, and that is bad news for the government. laura: jasper mortimer speaking to me earlier. are blaming each other for a surge in violence in eastern ukraine. 10 people were killed in the latest fighting, and that is putting further pressure on the fragile cease-fire agreement. russian president vladimir putin is currently on tour of crimea. russiaritory annexed by last year. oliver farry has the story. it has become something
of a summer tradition. putinn president vladimir plunged watery depths on tuesday, and they were in a new, albeit disputed russian territory. lasta, which moscow seized year from ukraine. putin accompanied an exhibition examining a 10th century byzantium ship. hey, i thought you were going to dive down with me. i recommend you try afterwards. it is very interesting. summary objects in the seabed. you can see very clearly. n spoke to reporters about a recent increase in violence in eastern ukraine, which he blamed on kivevc. but he remained optimistic that the cease-fire would eventually bear fruit. i hope therein: will not be direct clashes. with regard to the minsk
agreement, i think there is no alternative for resolving the situation. and peace will without any doubt prevail in the end. i would ask minimize the losses by the time we reach that peace. oliver: as for any controversy over his visit to the disputed territory, the russian president was adamant it was what the locals wanted. president putin: the future of crimea was decided by people who live on its territory. they voted to live with russia. tookr: the annexation place after crimea and sebastopol voted to secede from ukraine in march 2014. most countries refused to recognize the legitimacy of the referendum, which was boycotted by pro-kiev ukrainians. ahead he may be storming when it comes to winning the republican party nomination, but u.s. billionaire donald trump was forced to stand in line just like everyone else when he turned up for jury duty in a new york city on monday.
sence attracted a throng of journalists and a few supporters as well to the courthouse. he told reporters he was oppressed by how efficient the court was. exercising his civic duty there in new york city. a reminder of our headlines this hour. a man wearing a yellow shirt is the chief suspect following yesterday's bombing in thailand. police have released this video which shows the moment the man left a backpack at the shrine in bangkok. 22 people, half of them foreigners, were killed in that blast. dozens of people have been killed as the islamist group boko haram rated their village in northeastern nigeria. as many as 150 people were nither shot dead by the gunme or they drowned trying to escape. continue toiev trade blame over fighting in ukraine. 10 people were killed in the latest violence.
vladimir putin was speaking today during which were of crimea, the territory annexed by russia last year. it is time for an update on the business news. markus karlsson is back in studio. we will start over in bangkok, because there are fears that the thai economy could end up paying a high price for yesterday's attack. markus: there are definitely fears that the economy will take a hit. in the very short term we have also seen a reaction. thai currency,e for instance, trading down in comparison to other currencies. main stock market index in bangkok also dropped on tuesday, ending 2.8% down. company, hotel airlines, and other tourism-related stocks were hard hit. it comes as thailand's prime minister says that the economy in general and the tourism industry in particular were clear targets of monday's blast. tourism stands for 10% of the thai economy, and the fears that the blast -- blasts of the kind
we saw in bangkok on monday, will discourage foreigners to come. mark thompson has more. mark: it has been seen as an attack on the country's vital tourism industry. many of those killed in monday's bombing of a popular shrine in bangkok were foreigners. but for the moment, thailand's tourists themselves have not been put off. here for three days, something like that. hopefully we will refine. -- we will be fine. >> i am now a bit worried. but then, there is nothing, really, i can do. i plan on enjoying my trip as much as i can. mark: tourism is a rare bright spot in a country still struggling financially more than year after the military seized power. of street protests --
months of street protests follow the coup. it still accounts for 10% of the country's 352 billion-euro economy. we didn't expect this kind of attack to be carried out in such a crowded area, and in a way that is clearly aimed at destroying tourism and the country's economy. around 24 million tourists visited thailand last year. while some foreign governments are cautious traveling to the south of the country, most of held back from warning against visiting bangkok. markus: for more on the titanic, i spoke to the chief economist at an insurance firm. he said that the risk that monday's events will slow down growth in thailand -- i asked him what parts of the economy will take a hit beyond tourism. also to look at the possible impact on investments. the thai economy relies a lot on
investments coming from china and korea. especially the car sector, the electronics sector. over the past years we have seen .he political crisis all these negative factors could to go to other countries like, for example, vietnam. it could have a negative impact. consumption,e because of course, it could be confidence in households in thailand and this is something to monitor as well. markus: he spoke to me a little bit earlier. alongside the tight market, chinese stocks were also in the spotlight on tuesday. main index in shanghai and its largest fall since the 27th of july, dropping 6.1%. there are concerns that investors will pull money away from china as the economy there slows. chinese markets have fallen dramatically since june.
the government has stepped in to stem the falls, which prompted a bounceback in recent weeks. tuesday shot shows that volatility remains in shanghai. the false in nature put pressure on european markets as well. we saw the european indices ending the day in negative territory. largely as a presently stocks with exposure to asia and china were among -- largely unsurprising, stocks with exposure to asia and china were among the laggards. those shares were not enough to bring a sweet spot to the other markets in europe and as you can see right here. in the united states, stocks are trading in the rated this hour as well, with less than 40 minutes to go of trading this session. investors are digesting a better-than-expected reading of the housing market. we are also seeing and mixed bag of earnings, really. we saw the retailer walmart
report worse than expected earnings, whereas the retailer home depot came out with better-than-expected earnings. bitill drill down a little more on walmart in particular, because we are seeing shares in the world's biggest retailer coming under pressure on wall street. it comes after the retailer reported a dip in second quarter profits. walmart sales and home in america were hired during the second quarter, but the strong dollar weight on the results from the retailer's international operations. the british subsidiary slumped to the worst quarterly's ills performance since walmart bought it 16 years ago. hit arkish lira has record low against the u.s. dollar, following a decision by the turkey central-bank to keep the benchmark interest rates steady at 7.5%. there has been growing pressure to raise the rates to shore up but the government is parsing is pressing for a rate cut in state. it has come under pressure
largely as a result of an inconclusive election in june. and music streaming service is looking for a fresh inflow of funds from investors. sources tell bloomberg, the news agency, that the funding round tie is the company at one billion euros. deezer has a 6 million paid subscribers. the company spotify is seen as its fiercest rival. that's 75 million users every month, 25 million patent scrubbers, and was diluted 8.5 billion -- was reason the value at 8.5 billion. we are going to look a little bit more at france and we will look at a row between pig farmers and major slaughterhouses. take market that had been shutdown reopened this tuesday -- uptake market that had been shutdown reopened this tuesday. the conflict remains with kick farmers complaining that they are not able to make ends meet. reporter: back in business.
the pork market reopened its doors on tuesday, but pork farmers are still disappointed. the average price for kilo was less than that suggested by farmers and the government. thursday, the on price will go lower still and it will keep sinking and that will be the end of us. they won't have to put up with our pigs much longer. reporter: producers to sell 60,000 to 70,000 pigs to slaughterhouses each week. beef, dairy, and pork farmers have been protesting low prices. >> it is very important that we fix the deep-seated problem for the industry. we refuse to give up on the fundamental issues including the russian embargo, labeling, and social costs. reporter: on august 10, two