Hello Australia! - A second day of pain in Asian markets, but Australia rallies - Russia is ordered to pay for its rough handling of Greenpeace proteters almost two years ago - Police are investigating if the Ashley Madison hacking is related to two suicides - And more in your CareerSpot World News Briefs:
East Asian stock markets were pummeled for a second day in a row, but Australia's ASX resisted the downward pressure and closed UP 136 points at 5137. So relax, Black Monday is over. Or is it? The Guardian newspaper quoted CMC Markets chief strategist Michael McCarthy saying: "It is too early to say we are out of the woods. We might see a significant rally and a further significant sell-off. But, at the very least, we have seen a circuit breaker in that sour sentiment, and that should see markets in this region stabilise."
The New South Wales SES has ordered people living downstream from the Jerrara Dam to evacuate immediately, because the dam is expected to collapse. Minnamurra village would experience the worst flooding if the dam wall goes. The evacuation order will remain for at least 24 hours. Local officials were actually already considering decommissioning the dam before the heavy rain of the past dam which is putting too much pressure on it.
Melbourne teen Harun Causevic is expected to plead guilty to minor weapons charges, after prosecutors dropped terrorism charges due to lack of evidence. The 18-year old was detained in the investigation into the Anzac Day terrorism plot to kill police officers and civilians in Australia. Causevic's bail was granted on the conditions he does not apply for a passport, does not attempt to leave the country, and attends two separate counsellors for support.
An international court in The Hague is ordering Russia to pay damages for seizing the Greenpeace Arctic Sunrise ship during a 2013 protest against Arctic oil drilling. Russian authorities confiscated the Dutch-flagged Arctic Sunriseand detained the activists aboard, who quickly became known as the Arctic 30. They were charged with piracy and held for several weeks, after which their charges were downgraded to hooliganisn and then dropped altogether. The Permanent Court of Arbitration in The Hague said the amount of damages would be decided at a later date, but it's not clear if Russia will comply.
The aftermath of the Ashley Madison hacking is happening, and it is not pretty. At least two people reportedly committed suicide after their email accounts were revealed in the metadata dump of clients of the website that purported to hook people up for extra-marital affairs. One of them was a captain in the police force of San Antonio, Texas. A Los Angeles man identified as "John Doe" is seeking class action status for his lawsuit against Ashley Madison's parent company, Toronto-based Avid Life, for failing to protect his privacy. Another lawsuit filed in Canada seeks $760 Million. Avid Life is offering a reward of A$525,000 for information leading to the hackers.
Colombia is criticizing the deportation of a thousand of its citizens who were living undocumented in Venezuela. Caracas closed the border and stepped up expulsions after an attack by smugglers in which three cops and a civilian were hurt. The two countries are supposed to hold talks on the issue on Wednesday.
British Indy car driver Justin Wilson has died in hospitals of injuries received on the track over the weekend. The 37-year old was struck in the head by a piece of debris from an earlier crash during the Verizon IndyCar Series race at Pocono Raceway in the US state of Pennsylvania.
Sierra Leone has discharged its last known Ebola patient from hospital. The country still has 28 people under observation in quarantine to see if they develope symptoms of the killer viral infection. But if they're clear at the end of the week, and the country goes 42 days without a new case, it can be declared Ebola-free for the first time in the West African Ebola Epidemic which began in neighboring Guinea in December 2013 and went on to kill almost 11,300 people - 3,951 in Sierra Leone.
Residents living downstream from the Jerrara Dam west of Kiama in New South Wales