Stocks plunged Wednesday on deepening worries over a slowdown in the global economy. The Dow closed down 800 points, or about 3%. Investors have been whipsawed in recent days by mixed signals emerging from the Trump administration about tariffs and the escalating trade war with China. The jitters were exacerbated amid worrisome economic data from two big countries. Germany posted negative growth in the latest quarter, and China’s growth in industrial output fell to a 17-year low.
A SWAT team rescued two police officers and three civilians trapped inside a Philadelphia house with an active gunman after a shootout in which six officers were wounded, police said on Wednesday. The gunman remained barricaded inside the home, with police urging him to surrender and media reporting he was armed with a semi-automatic rifle similar to the popular AK-47 style and several handguns.
The alleged gunman in the Christchurch mosque attacks that killed 51 people has been exchanging letters with white supremacists from his maximum security jail cell at Auckland’s Paremoremo prison, the New Zealand government has confirmed. A letter from Brenton Tarrant was sent to a supporter in early July and experts say it can be read as a “call to arms” for white supremacists worldwide.
All climbers seeking a permit for Everest must have prior high altitude mountaineering experience and demonstrable training, a high-level commission for the Nepalese government has ruled. The recommendation was issued by the body charged with looking at the issue of high-altitude safety after one of the deadliest seasons in recent years on Everest, which was blamed on inexperience and crowding near the summit.
A Russian passenger plane has made an emergency landing in a cornfield near Moscow after striking a flock of birds. Twenty-three people were injured in the incident, which saw the plane land with its engines off and landing gear retracted, health officials said. The Ural Airlines Airbus 321 was traveling to Simferopol in Crimea when it hit the flock of gulls shortly after take-off, disrupting its engines.