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Dow, S&P lose over 2%, Nasdaq 3% as global rout deepens

2016-01-08 02:16:13| Oil & Gas - Topix.net

US stocks tumbled Thursday as another big drop in Chinese stocks heightened worries about the world's second-largest economy and triggered another wave of selling across global equity markets. The broad-based S&P 500 shed 47.17 at 1,943.09, while the Nasdaq Composite Index sank 146.34 to 4,689.43.

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Drought deepens South Africas malaise

2015-12-27 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Under a midmorning sun that augured punishing heat later in the day, a handful of cows stood still inside a small pen, their ribs protruding. Too weak to reach the nearest grassy field some miles away, some munched on tall grass that their owner had cut from a strip of land along the highway, in a desperate attempt to save his cattle from the drought afflicting the land. The owner, T. J. Koee a former miner and a full-time cattle farmer for the past 16 years listed the droughts toll this...

Tags: south drought malaise deepens