is discharged from hospital. it has been another day of big swings and heavy losses on china's stock market. one analyst says the recent turmoil left the most hardened trader gasping for air. the economy has been one of the pillars of global growth. we are joined live from beijing. how is it looking? >> reporter: the markets opened on tuesday quite hesitantly after the large drops in the market that you have been talking about. the china shanghai composite closed 8.5%. dealers and traders opened those trading computers on tuesday morning with baited breath
wondering how that would transpire on tuesday. now, while the percentages across asia pacific and the market did drop, what we saw was a slight recovery. and through the day we saw, for example, the shanghai composite increase or improve from that 8.5% loss. started off at 6.5. it got to 4%. as the day grew and we have come to the close or near to the close, the actual losses sort of stayed where they were. let me give you an idea of what the regional looks like. taiwan, australia, singapore all gained in the market. but shanghai, for example, came down at 8% of a loss. hang seng was 0.7 of a loss. tokyo a loss of 3.96 the market.
and the south korea index made a small gain, up plus 0.92. nobody is taking for granted that the problems that china's financial markets are facing are over. what is very certain is these uncertain times, investors small and large are wondering what the next few days and weeks will bring forth. on the larger scale, manufacturing and exports are wondering how this rapid fall in the markets are going to impact on their businesses both short term and long term. >> thank you. now, they used to say when america sneezed the rest of the world caught a cold. one country looking nervously, australia. exports to china were worth
$64 billion. $32 billion was iron ore and coal. but as china's economy slows down, so does demand for these materials and prices are tumbling. four years ago at the height of australia's mining boom, iron ore peaked at $200 a ton. now it's $52. and the price is coal has halved. >> reporter: until recently australia's economy was known as the wonder down under. that's changed. commodity prices have collapsed hitting australia hard. the downturn is felt in towns like singleton where restaurants have closed and shops are empty. this car dealer is still in business, but seen a 30% drop in sales and has been laying off staff. >> it's a belt-tightening for us. we had 40, 50 people here five
years ago, we are down to 25, 30 people to keep the business afloat. >> the reason is the economy is tied into the coal industry. mines surround the town. and the price of thermal coal has tumbled down by more than half in four years. this is the hunter valley north of sydney australia, the main coal mining region. a few years ago it was booming, no longer. existing mines are cutting back on production, proposed new mines are put on hold. thousands have seen cuts to wages or losing their jobs. coal is the second biggest export. the biggest, iron ore, has seen its price collapse. until earlier this year robert was being flown to remote copper mines where he works repairing machinery. he told he lost his job by text
message. >> my family is in shock. we are on a single income. we start back over and looking for work on job seek and all the rest of it, very hard. >> most don't think australia is on the verge of economic collapse. but if the downturn starts to affect house prices which in big cities have proved resilient, australia could be in trouble. a lot of the country's wealth is bound up in property. >> if we were to see house prices fall and we were to see ongoing weakness in commodity prices, australia would have real problems. not that i would be forecasting a recession, but the risks of recession would increase if the housing market weakens and house prices start to fall. >> the wonder down under isn't looking quite so wonderful. >> after talks lasting more than 40 hours, north and south korea
has reached a deal. broadcasts have been turned off and north korea expressed regret for hand mines that injured two soldiers. people in south korea expressed relief at the deal. >> translator: as a result of the meeting, i think south and north korea could create a peaceful atmosphere. this could be a good opportunity for the two koreas to build peace. >> i was told that war could have broken out. i was so worried. i can reduce my anxiety as negotiations went well. i'm still afraid it could happen again. >> translator: i'm glad that south and north korea settled their dispute without any armed conflicts. i think the south korean government did carry out its role well and got the best
results under the present circumstances. europe's refugee crisis will top the agenda at a meeting. there is a call for unified european response. thousands of refugees continue to pour into macedonia, serbia and hungary. the main border point with greece. >> reporter: in the heat of macedonia's border with greece, the pathway may be open again, confrontation and minor scuffles, but as the pace may have quickened, politicians are bogged down in arguments. the interior minister came to a make shift center to defend the decision to close the border last week. here, too, austria's foreign minister talks about what the european union was or wasn't
doing about the situation. in the brief time they spent with refugees, this engineer wanted to get a word in. >> to solve this problem for syrian refugee, why make safe zone interior. >> he didn't have an answer to that question. macedonia's interior minister blamed greece saying it had no controls or security on its border. >> translator: our intention is not to close the border but to protect it. >> reporter: this was confrontation with refugees. surely it was a disaster. >> translator: our efforts were motivated by the situation. >> it's also the fault of greece. >> reporter: what are you going to do apart from blaming greece? >> we have meeting with people
from germany and european union. >> reporter: those words have been heard before. little changes apart from the speed of boarding trains, away from people in the cities and towns of mass don't y as the political talking goes on in berlin, brussels and other european capitals, after the violence on this border, there is a perimeter reception center in operation. refugees are moved on and it will lead to more coming on this route moving the humanitarian crisis further up the line to another country. >> we are joined from the macedonian capital. good to have you with us. what is the situation where you are? >> i have been at the great border with the red cross over the last couple of days. as andrew said, the police have
taken up a reception center closer to the border. things to be moving along quicker. but after people are processed, they are still sitting down in the hot sun waiting for trains to take them away. our team is going around to people waiting making sure that they don't need any medical attention. and a lot of them do. there are many young children amongst the group, elderly people. treating people for cuts and rashes and blisters. and children for fevers and diarrhea and that kind of thing. just to give you an idea of the scale of the number of people coming through, in the last three days we distributed 11,000 bottles of water, 3,000 food parcels, treated 1,000 people with first aid. so they are still coming over the border. the ones that can't fit on the
train are having to walk to the town to get on to buses. >> truly extraordinary numbers. you can't imagine people are making these journeys. what sort of stories are they telling you? >> all they want to do is get through macedonia up into serbia. they have been traveling for days and days and days, the journeys have been long. they just come up and say where is the toilet. what do we have to do now. where can we register. you know, i was driving into the town the other day from the border along quite a bumpy dirt track. i came across an 85-year-old woman who was walking along very slowly with her son to the bus station. very hard to see things like this. children, pregnant women. many pregnant women. and they are losing their babies along the way. >> you said there was a basic
reception center that had been put up. we know that merkel has called for a reception center in italy and greece as well as a unified system for the right to asylum. could those make a difference? >> i think that what we need to see is a coordinated approach between all the countries along the trail. as we have seen, any action taken in any country has a ripple effect up and down the trail. so these people, they don't want to leave home. they are fleeing from conflict and insecurity. they have a right to seek protection and right to seek refuge. we have a right to provide that protection, to prevent loss of life, treat them with dignity and stop the indifference we are seeing towards these people. >> keep us updated. for now, thank you very much. al jazeera honors men who
is slowing down. after talks lasting for more than 40 hours, north and south korea have reached a deal. south korea has turned off broadcasts along the border with the north. europe's refugee crisis will top the agenda at a summit on tuesday. the german chancellor who is attending the summit has called for a unified european response to the problem. lebanon's cabinet is to hold a meeting to discuss antigovernment protests. 99 members of the security forces and 61 civilians were injured during two nights of violence on saturday and sunday. the protest began over uncollected rubbish that was piling up in the streets but have since become a much broader problem. >> translator: we are calling for a transparent and independent investigation to be lost to hold accountable those
involved in violence such as the politicians, security forces and interior minister. and for the arrest of security personnel without any delay. >> we are joined from beirut. what is the situation and any word from the cabinet meeting? >> well, the streets are calm, it is early in the morning here or early in the morning here in beirut. the protest usually pick up around the afternoon just before sunset and gather pace. not expected to major ones today. they are calling for the main one to take place on saturday, that's the #youthink movement. it was expected to have started around 10 minutes ago. they are looking to discuss a number of issues. obviously, this political standoff, but specifically one
of the issues they are going to be discussing is the tenders that were issued by the government to private sector with regards to private services. a lot of things where the government is incapable or unable to provide electricity or cleaning up the garbage, they put out tenders for private sector to bid and provide the services for the citizens. a lot of those that come out to protest said not only was the government incapable of providing the services, they issued the tenders in a corrupt manner where cronies were given those contracts and, therefore, they benefited from back hands or favors. they are going to be discussing those today. there could be an announcement where they cancel the contracts assigned.
it's going to take a bit more to appease the hard core protesters. they call for the resignation of the ministers or the government itself. the saudi led coalition bombed a hospital in yemen. it happened in a port city which is under the control of houthi rebels. aid groups complained the damage to the city is preventing the delivery of humanitarian relief. the four men who thwarted friday's attack on a french train have been honored at a ceremony in paris. security has been stepped up. but authorities are now facing a delicate compromise. >> reporter: they were honored with france's highest award. the three americans and one british man rewarded for their courage. they had prevented real carnage.
how to keep france and europe's trains safe from attack now a real question. the suspect boarded the train at brussels mid east station without passport or luggage being checked. they promised more stop and search checks. >> translator: whenever we talk about random search check, people say they could be discriminatory. i would prefer to do that than remain a spectator. >> reporter: trains cross european borders without the passport control or baggage checks. they face a huge dilemma. how to improve security on the high speed rail network. while preserving the principles of freedom of movement which have become a crucial part of the european economy and its way
of life. nowhere is that more true than on france's famous network. it's a crucial life line for the economy carrying 250,000 people a day from 250 stations across 1500 kilometers of high speed track. across france, but also into neighboring eu states. on monday the head of the rail network ruled out airport style security, but it may be the only way of guaranteeing safe travel. >> what needs to be done, is the international trains, like euro star. some kind of metal detector or airport security. that would be the first step. then train marshals would be a good step as well. >> reporter: friday's attack shows you on vulnerable europe's rail system is. it might be a wake-up call that changes the way europeans travel
by train. >> soldiers have been deployed to a town in western nepal a day after protests over a new constitution turned violent. nine people were killed when demonstrators turned on police with spears, knives and axes. thousands of people are protesting against the government plan to include their area in a province rather than give them a separate state. see era lyon could soon be free of ebola. the last known patient with the virus has been released from hospital. the outbreak has killed 11,000 people in wested africa. a third of them in sierra leone. we report from a village near the city in the north. >> reporter: it was a day of
celebration. now an ebola survivor, hopefully the last, they sang a celebration song. sierra leone's president handed her the discharge certificate. he congratulated her on beating the deadly virus and the hard work of all those who contributedded to fighting the disease sips the outbreak hit the country in may 2014. >> we must recognize nationally and internationally have provided the support out here in the battle field. >> reporter: celebrations continued here in her village. close to the treatment center where she was cured.
officials warn that people should not become too relaxed. it's not ebola-free just yet. there has to be 42 days of no new cases to be declared ebola-free. the virus could still surface. >> we shouldn't get complacent. we have seen this, continue doing all the things. >> reporter: she echos the statement. she caught the virus from her son. the entire village had to be quarantined. that was lifted sunday. she misses her son and that she will keep sending the message for people to take precaution against the disease now that she understands how deadly it is. >> translator: i want to remind people ebola is still around. so if you are sick, call emergency ebola response line. i do not want anyone else to get
sick. >> reporter: for now it's about a celebration of life and a new hope this virus might be stamped out for good. the countdown for being ebola free officially starts tuesday. >> venezuela is continuing what it call as crackdown on criminals along its border with columcolombia. the venezuela president has imposed marshall law in the states after three venezuela soldiers were injured in a shootout with smugglers last week. brazilians feeling cheated out of their jobs have been protesting outside a state owned oil company, a corruption scandal means work on a large oil refinery is on hold. it would have created thousands
of jobs. petronas stopped the project after executives and politicians were accused of taking bribes. five crews from australia and new zealand have joined to help fight wildfires in the u.s. washington state has been the hardest hit. we report on how evacuees are coping. >> reporter: there is no welcome mat, but this site is home for the parker family and others right now. they have been camping since they fled their north central washington house a week ago. >> we left, we was there for roughly four hours and evacuat evacuated. >> when flames from the okanagan complex fire showed in signs of
slowing. >> we saw them explode in huge columns of flames. on a scale of 1 to 10, this would be a 156789. >> the parkers are hardly alone. in a town about 30 miles away, evacuated residents have some comfort sharing stories with others. these tables are stocked with food and supplies from this store as well as community donations. >> they have been absolutely phenomenal. they have made us feel so welcome and secure. they have cared for us, they are feeding us. >> but it may be a while before they are allowed to see whether they have a home to return to. more than 1200 firefighters are working the largest wildfire on record. more than 400 square miles have burned here and it's growing rapidly. the smoky air acts like a lid to
calm the fire, the poor visibility grounds any aerial assault. >> it keep as lid on the fire behavior, but it limits us from being able to use aviation assets to their fullest extent because of safety. >> reporter: with no real relief in sight, families try to reach neighbors. neighbors who ignored evacuation orders and refused to leave their homes and businesses. jessie reaches his younger sister searching for any word. >> not good? where is your fire at? it was at rick's house last night? >> for now, the family waits it out wondering what's next. indycar driver justin wilson died of head injuries suffered in a race on sunday.
he was hit by debris from another car that crashed in front of him. an american driver spun and crashed at the pennsylvania circuit. a nose cone from his car struck wilson on his head. more news on our website. i'm ali velshi. "on target" tonight. gut check for the market. plus the need for speed. and how it led to a stock market crash of a different kind. one we can't afford to forget. the stock market's scary ugly gyrations over the last few days are bringing back some very unpleasant memories of 2008. and the huge pain that year unleashed on american investors workers re