>> hello, this is the news hour. live from london. bosnians remember as russia vetoes a resolution calling it genocide.

>> sports news including day one in ashes cricket. wawrinka out of wimbledon. >> hello there were worries that greece could send stocks in a frenzy and watching the markets in china suspending trading. >> it's biggest drop since the rebel finance crisis in 2008. and the spread of japan when stocks saw their greatest fall in more than a year. china's markets have lost a

total of $3.25 trillion, that's more than france's entire stock market scott haidler has more now. >> continuing it's nearly four weeks it's markets slide down again on china. this is as for the 30 nearly percent. nearly $3.2 trillion. something else that we see continuing on wednesday, and that is more companies are taking their stocks off the market. the center central market will continue to be traded and they'll continue to trade on

these markets. they have asked what is happening, a panic and irrational sellout. these statement it's days, the market sell off continuing. >> one other issue that compounded market instability. the company that manages the exchange said that the problem was internal and did not result in--it wasn't the result of any cyber breach. the news led to declines on the dow jones, s&p and tom, how much disruption did this temporary halt in trading cause? >> trading did resume, and we have to express that it only suspended on the trade floor.

so the result was that a lot of this definitely was a disruption and a lot of trading that would have occurred on this day you could see the down turn of the actual volume, and the reason for why the market fell 1.5% was not necessarily the disruption of this technical glitch but rather the nervousness over the sell off in the chinese markets as well as minutes released by the federal reserve. that they intend to increase interest rates. they will not disclose what the nature of this technical glitch

was, but people who are looking at it optimisticcally, the very fact that there are platforms by which people could trade was a positive factor because there was a backup. that was a backup that you could go elsewhere and now the they will keep a repeat of this from happening again. >> this has caused a great deal of concern. the company that owns the stock exchange, we know that the president has been briefed as well. is there going to be some sort of investigation into what went wrong? >> right now there is no indication of that that the securities and exchange commission put out a statement early in the pension that did not immediately say that they were looking for an investigation of their own but rather leaving it to the

internal authorities in the stock exchange itself. also the federal investigation putting out a statement saying they did not see the need for a law enforcement enforcement en to be involved. >> of course the other big story we're keeping an eye on. the new fine finance ministers in greece has created a proposal. while submitted the greek prime minister was facing a tough

crowd at the european parliament. >> after the bring brinkmanship, prime minister tsiparas came out with a statement. >> the grandstanding could likely have been pressed as eu leaders would met the night before only to discover that the greece government would not meet until monday. >> the view from bruceels is that they're into the final

count down. a matter of days for the greek people. but serving those who really have nothing left, that may mean that life is about to get marginally better or much much worse. doctors carry for migrants and greece's own sick and poor. this man has not had a job for two years pension or medical insurance, but he does have a medical condition. >> if i did not have this place then i would jump off the acropolis. >> but how does a charity survive when the gavers can no longer forward to afford to give.

they won't have any food items to bring. it will collapse. >> a german doctor. >> i've been in greece 25 years. >> whether a deal is struck to save greece will depend largely on german leadership and german money. >> i'm sure that mrs. merkel and the german people know that things are very bad here. they know. i'm quite sure they're going to try their best. >> but in brussels and in berlin as in life there are few guarantees. jonah hull, al jazeera. >> respeaking out and reiterating that the rules will not be changed for greece.

>> we'll find a solution that is most conducive to try to help with restoring stability growth, and debt sustainability. those will continue to be the guiding principles of how we need to operate in order to help the country. >> well, as time runs out for greece's government to get more money, greeks themselves are struggling to make ends meet. >> for 20 years his coffee shop was the pulse of the neighborhood. barely anyone here during the days of austerity. >> from 9:00 in the morning to 10:00 at night. >> how do you keep it open?

so nothing. >> he's not worried his landlord will throw him out. most of the shops have shut down and no one is investing in new businesses. wherever you look there is this same season of abandonment. the doors are shut. sometimes there is a phone number in case someone is interested but by the looks of it no one is. and those who have survived have had to down size. he let go two employees. >> at first i was upset. they had been with us for 20 years. we hope for something better. we hope for something. >> this is not just a story of

businesses going bust. this is about people's family history. this man and his parents had opened this shot 50 years ago. the place is filled with childhood memories. >> for the last five years i'm forced to dig into my savings to keep running it. i grew up here. i have been working 35 years. i should retire in two or three so i have to keep it going to get my pension. i'm stuck. i can't see the light at the end of the tunnel. >> he also sees very few customers. barely anyone comes through here now that his neighbors are gone. and that is one of the biggest tragedies hitting the country. they will never know the greece that used to be where small businesses were the heart of community life.

>> much more still to come on the al jazeera news hour. a year since israel began it's bombardment of gaza and still little sign of recovery. iraq discovers hundreds of artifacts lost to looters after theafter the 2003, u.s. invasion. and roger federer moves forward in men's wimbledon championship. >> now rush hasrussia has vetoed the resolution calling the massacre in bosnian as a genocide. >> despite last-minute talks to try to reach a deal there was no

deal. it was a day to commemorate the victims and instead it was an ugly fight over language reflecting the deputy divisions in the security council of what card.what occurred. the resolution was rejected by russia. >> the draft submitted by the united kingdom turned out to be unconstructive confrontational and politically motivated. it contains distortions for which the blame of the past is blamed on one people. you single out one responsible party for the war crime as not legitimate and can result in even greater division within the bosnian society. >> the u.k. rejected that explanation. >> it's denial. >> 20 years ago u.s. ambassador is a man at a power was in

bosnia working as a journalist. her anger was clear. >> why would russia vote to deny recognize recognition of the genocide. today's vote mattered. it mattered hugely to the victims of the genocide. russia's veto is heartbreaking for those families. and it is a further stain on this council's record. >> bosnian serbs killed more than 8,000 men women and boys as they fled from u.n. safe areas after peace keepers were overrun. the tribunal for the former yugoslavia both determined that the mass murder was genocide. the international community and the u.n. itself came under

intense criticism for not doing more to prevent the killings. many thought this would give closure to victims' families. but instead one veto laid bare one division that remains even all these years later. gabriel elizondo al jazeera, united nations. >> al jazeera has an intertive interactive website. and you can scroll through the scores all on one interactive platform. www.srebrenica360.com. please do check that out. now there are signs a truce could be forced between yemen government and houthi rebels after three months of conflict. they have told the united

nations they have agreed to a conditional truce which could be implemented in the coming days. the deal would be based on the condition that houthi rebels release prisoners and withdraw from province where is there has been intense fighting. the saudi coalition to bomb houthi targets this was after they moved into territory in the capital of sanaa and then moved further in the. port city of aden. >> while you have the spokesman for yemen government saying they've informed the u.n. they have accepted a conditional truce we must stress that that is a conditional truce we're

hearing about. yemen's government in exile are saying that they will accept to implement a cease-fire if the houthis agree to withdraw from territories they've taken over and if they agree to release prisoners that the yemeni government has been asking to be released for quite some time. we have not yet heard from the outies. while there has been a slow down airstrikes are still taking place situation on the ground. it is extremely bad still. aid workers not getting in. ships have not been able to enter the port of aden to bring basic goods and supplies to the people of yemen who desperately need it. while this is good news it will take time to find out when and if this cease-fire will actually take old. it's been a year since israel began it's bombardment of gaza, a war that lasted 50 days.

people who lost their homes are living among the ruins of what is left or in temporary shelters. >> he has not climbed these steps in nearly a year. it used to be a home that he shared with his extended family. now there is only republic after a tank sheffield united it, but he lost more than his house during the 50-day war. he also lost most of his family. these photos are all that he has left of his wife, three sons daughter-in-law and grandson. he says that hams has not done enough to improve things. >> hamas and fattah are too busy

fighting each other than help us. they're only giving money to their own supporters not to needy people. only god can help us. >> cement has not been allowed in despite offers by the united nations to oversee the process. only 1% of the construction material needed has been delivered to gaza and the influx of building materials have been so slow that it could take 30 years to rebuild. most live in shelters like these. most don't have running water or electricity. as living conditions worsen many here are becoming increasingly

angry. senior hamas spokesman said that he understands the frustration. >> the people are suffering. we have to do everything to help people. this is putting all the differences behind. >> that's small comfort. at 80 years old he's the main guardian of four young grandsons after his their parents were killed. he doesn't worry about their futures daughters their lives right now are so hard. >> they say that they have not been given the money promised. >> we launched a program

$720 million to rebuilding gaza by february of this year. the shortfall forced us to suspend it. the other problems have been aid they're not getting nearly enough of rebuilding materials in to gaza gaza, and finally there are gaza was always going to be a challenge. we failed the people of gaza. >> the aftermath of a gas attack in the northern syrian city of aleppo. activists have accused the government forces of using chlorine gas. more than 40 people have been killed since monday, including 25 troops and pro government

gunmen. meanwhile, a supply route on a main road between al raqqa city the city that isil considers it's capital and the border. it was aided by coalition airstrikes. across the border in iraq the court has sentenced 4 people to death over the murder of hundreds of mainly shia soldiers last year. as many as 1700 soldiers were killed by isil fighters as they carried out their offensive through northern iraq. many of the soldiers killed were fleeing a former military base. another 604 suspects were wanted in connection with the killings. well in other developments iraq has recovered hundreds of looted artifacts seized by customs officials from several countries. they are believed to be stolen over the last decade. >> it might be hard for get these artifacts back than to get

them out. artifact foreign ministers recovered by reinspect inspect items recovered by custom agents. >> this is the most important piece in this collection. a 3,000-year-old item, winged bees that beings that iraqis

believe protected their temples. because items have never been register archaeologists are not sure of what is missing. >> they don't know that they've been looted until they turn up at auction. not all of them are authentic. some were fakes to fool buyers. not all were stolen but borrowed, but now iraq wants everything back. >> we're very serious. most of these pieces are still outside iraq in various countries and they need committees to prove that they belong to iraq. it is our history and should remain here. >> this is an entire tea set looted from saw dam hussein's palaces. they're believed to been taken

by soldiers. so much has been lost here they want to hang onto the her stages they have. jane arraf al jazeera, baghdad. >> still to come, hope for nigeria's kidnapped school girls as boko haram puts forward a prisoner swap deal. meeting earthquake survivor who is have to call these colorful but cramp tents their home. and ashes gets under way in cardiff.

>> hidden in the mountains of afghanistan. >> what you have seen was a drop of the iceberg. >> a 5000 year old archeological site. >> this has preservation on a scale that no other sites have. >> under threat by global mining and scheduled for demolition. >> mes aynak is one of the most important sites in the century. >> with time running out... >> they're losing everything. >> can archeologists stop the clock? >> this is rescue archaeologic - we are trying to excavate as

fast as possible. >> we're here to fully get into the nuances of everything that's going on not just in this country but around the world. getting the news from the people who are affected. >> people need to demand reform... >> ali velshi on target weeknights 10:30p et >> welcome back. you're with the al jazeera news hour. let's take you through the stories we're following. russia has vetoed a resolution that would have condemned the 1995 massacre during the bosnian war as a genocide. and investors will be closely watching the chinese market when they resume trading in a few hours after wednesday's huge sell off of 5%.

declines on u.s. stock market for different reasons. it suspended training for several hours. it was not the result of a cyber breach. well, michael cohen is the strategist at asset management. he joins me live from new york. the timing of this halt in nyc trading comes when there is already a great deal of uncertainty in the market around the e.u. around greece and also with china. >> that's absolutely correct. the outage on the new york stock exchange while the market has been in the process of correcting if not going down

just a small amount. it's nothing that wasn't expected by most market professionals. what this market outage did was throw into question the integrity of the market structure as to whether it could weather a real cyberattack if that were to actually happen. and so because of that the low trading volume means that it was down 250 points just on very low volume, very little happening. >> it came at a time when you had multiple computer failures or glitches there is nothing to suggest that any of this was linked but is there concern there among your clients among the people that you speak to

that maybe systems do need to be that much more secured fortified in the u.s. is there a greater fear of cyberattack taking place even though that was not the cause of what happened today? >> yes it most likely was not a cyberattack. the coincidence of all three websites going down at the same time, a number of brokeerage firms lost internet access, verizon also had some hiccups. it's too much of a coincidence. it's probably a glitch in the internet juncture and it needs to be addressed by-- >> let me quickly get in there and ask you a question about what we saw in china.

a tough day with continuing decline there there is now fear of contagion. is there a lot of concern that we could see sustained stock market losses now spreading beyond the markets in asia? >> i think that china phenomenon is essentially strictly a china phenomenon. in fact, it was classic madness of crowds in that so the market had almost triplelled over the last year. but as markets come up it brings people who are willing to speculate smaller investors, and it was a very classic situation of too many people invested in the stocks all at once, and the room--the room was crowded and somebody yelled fire, and

everybody ran for the exits at the same time and the markets corrected in days 30% of what it had gained over the last year. >> the view is that it was a natural market correction that we're seeing. thank you very much. let's get more on greece for you now as the race to save it from financial collapse really gathers pace. barbara serra spoke personal personally with italy's prime minister matt matteo renzi. >> for me, i think the greek government because it's impossible to force the citizens of italy of spain to give the

message this is for you but not for greece. this is the question. i think that the most important challenge today. >> pope francis arrived in bolivia. it landed an hour later than scheduled due to delayed departure. he'll spend four hours in la paz because of worries of the effect of high altitude on his health. he is speaking out against war and calling for a new ecological world order where the earth's resources are shared by everyone everyone. we speak with.

>> we're going to try to re-establish our connection tracking the pope's visit. these are live pictures of the pope having just touched down in lapaz. there is a great deal of excitement. you can see men hundreds of people have lined up to greet him. he's a little bit let. you can see him standing next to the president of bolivia. the pope a little bit late touching down, an hour later than scheduled. there he is. he's only going to be spending four hours here in la paz because of the some medical issues there are concerns that the high altitude may cause him some trouble. he may not fare very well. because the pope did have a lung issue some years ago.

there is concern that that could effect him now, of course, the altitude very high in bolivia. can you give us sense of the atmosphere the anticipation arnold pope francis' visit to the country? >> yes, well the mood is very expectant. the fact that it was delayed for an hour, his arrival has only made people even more excited about the pope's latest visit. the area is predominantly catholic. to give a sense of how welcomed pope francis is, tomorrow more than two million people are expected to attend the mass in santa cruz. also this is the first time in 27 years that a pope lands in bolivia and it is making people

expectant of his visit and the message he'll bring to the people of bolivia. >> that's right. he's back to his home continent and one of the highlights is to visit the place where father luis, a jesuit priest was brutally murdered. why is this particular leg of the visit so important? >> well, like you said, this is pope francis' turf. and he lived here when it was a brutal time in argentina and bolivia under the broody rule of a military dictatorship. you know, the fact that he was a jesuit and so politically active it resonates with a lot of what pope francis has been saying

lately. he has been calling for the catholic church to renew the spirit of what is in line for the church as a church for the poor people. this visit is relevant on those two fronts. >> thanks very much. >> it's been reported that boko haram has asked the nigerian government to swap to swap prisoners with kidnapped girls from chibok. the president president has met with the parents of the girls. >> these parents have lived more than a year not knowing if they'll see these two daughters again. the sisters are among the more than 200 girls kidnapped by boko haram from their school in chibok in northern nigeria last year. boko haram said that it forced

some of the girls to convert to islam and marry fighters. president obama buhari met some of the school girls' parents to show he's committed to bringing them home. >> in his regime this boko haram will come to an end sooner or later. >> since the girls of chibok were seized too many were afraid to stay and fled from the town. many have fled to the outskirts of abuja. this man's niece is kidnapped and still is missing. he said the government must help rebilled chibok. >> we need security first. >> in office less than two months president buhari has made

it clear that stopping boko haram is his administration's top priority. his press assessor was criticized for failing to stop the group. he has announced a military force to battle boko haram by month's end. >> we'll end boko haram and let people of nigeria go back to their normal ways of life. >> and for parents and family members that can't happen until their girls come home. al jazeera. >> now just a year the software giant microsoft will hope to

increase its appetites for the operating system. but phone sells will only count for 3.2% of the global market this year. we can now speak with from highland utah, what do the moves by microsoft today what are these latest moves with nokia and the redundancies of the mobile service what does that tell us about the future of the mobile phone service. >> it's probably the beginning of the end is an easy way to summarize it. it seems like it's in a final step in the history of this business that continues to make phones. they're talking about refocusing that business rather than ending it entirely, but now they're writing down the value and they will refocus the business has not been successful over the

past couple of years. it's largely stayed stationary from what it was a couple of years ago when microsoft first announced the acquisition. it's likely the end of this turn around business and first step that will turn into the winding down of the business. >> why has microsoft struggled to get a piece of the smart phone industry after billions of dollars of investment? >> it came to it very late at least the irony is that microsoft was the first in the smart phone business 15 years ago with windows mobile, even though it was successful at first and competed with the blackberry early in the smart phone, once the iphone came along and changed what smart phone pent microsoft failed to adapt, and the market ran away from it, and iphone would get

ahold of that market. by the time microsoft came back it was too late, and they've been struggling to catch up ever since. >> how long would you give them before the company sheds it's mobile phone business all together? >> well, they're about to announce or launch a new version of windows called window 10 which is the first to run across pcs, tablets and mobile phones. this is an opportunity to give it one more go to really invest in the platform one more time. i expect to give that a good year but i wouldn't be surprise first degree two years from now they'll wind it down if not before that. >> wet conditions in nepal have

triggered landslides in areas where people have been taking shelter in makeshift camps. >> color tents dot the hills. every bit of flat land has been occupied here. every few days another tented camp pops up nearby. >> there have been massive landslides. now it's no longer possible to go back to our village. >> corrugated iron sheets are being distributed but it's not enough to go around all. most survive underneath these tarps. >> they're looking after their fields harvesting crops. some 50, 60 active villainers are still there.

those in the village how will they survive the rains and the land sides. >> people live off hand outs, and more people are on their way. in this district 2500 people need to be resettled. according to the government, 66,000 people from 18 districts have to be resettled. >> our main challenge is lack of resources. we have estimateed the budget. six months expenses for each family will be around $3,000 including food clothing sanitation. we need half million dollars for the total proposed population. >> the district government hopes that the budget needed will be

swiftly handed over from the emergency fund, and it is still not clear whether these people will ever be able to return home or if they ever will. >> still to come nowak djokovic was fighting to join the semifinalsist. find out how he did when they make an appearance.

>> wimbledon tennis. we'll start there where the top

three men seed are fed through the final semifinal in four sets. roger federer was the first man through. his tenth wimbledon my final. >> i'm here to be here again. the road is long, tet getting here. it was a great match with andy, but i'm looking forward to it. >> murray uneffected, the second

one leading 6-4 7-5 6-4. and nowak djokovic in a previous round against anderson. and the game of the day was between wawrinka and gasquet. >> it's a long time. i didn't do it and of course i'm proud. i'm the worst when you see djokovic murray, and me. i want to enjoy it. on the cricket field the ashes are under way in cardiff.

england recovered from a bad start in day one of the first test on 343-7. largely a century from joe reed. england lost only wickets including captain alastair cook to nathan lyon but after he was dropped, at the they would go on to score 134 to put england right back in the game. he was given support three wickets a piece 343-7 and evenly poised in cardiff. >> when you are in position like that you lose three wickets quite quickly you're going to get opportunities to score because they're going to have aggressive fields. it could have gone completely the other way and gotten the first ball, second ball and whatever it was and look a bit silly. fortunately, i had fortunatefortune

today and i could cash in and make the most of it. >> in that first hour we probably made the most of it there. i didn't speak for the next couple of sessions, and i think which just built pressure and it leaked around i think we got better through the day. >> well, the stadium for the ashes will be the same enthusiasm is on show. the numbers are grassroots level are officially declining. we'll find out why and what the future of cricket might look like. >> on this village green little has changed since cricket was first played here more than 280 years ago. nothing could be more quintessentially english. but it's the future of clubs like this which have stumped the men in charge with cricket in england.

>> last year the england-wales cricket released the results of the survey which shows the number of people playing the supreme courtcourton the court have declined. the traditional matches played at 100 overs like this one just take too much time. >> the commitment is full day. we join at 9:00 in the morning and get home. 10:00, 11:00 at night every saturday. that may be part of the problem. >> recent performances have also done little to ignite interest in the game. england lost the last ashes series and failed to advance at the world stage while clubs are addressing the problem by

highlighting the social part of the game, another cricket club that has seen its membership numbers soar. a charity run sports club starting inner city communities. in a way that it's adapting chicken engaging people and drawing people in. making it more fun we've tried to adapt to encourage south asian particularly. now england officials see clubs like this as key to keeping grassroots cricket alive. >> talented generation of

players that if encouraged and supported in the right way may one day produce a generation of england's finest. al jazeera london. >> the world's number one in golf rory mcilroy will not be able to defend his title next week. he ruptured ankle ligaments while playing football with friends. he said i want to come back to tournament play when i feel 100% healthy. justin rose said he feels for mcilroy. >> that's a tough break any time of the year, but in the middle of the summer that's a cruel blow for him. and it throws out the debate whether you live your life or focus on your sport only. but kick around with your mates i think is something that we probably all do. would i play tennis? yes, i would.

i think we all would not try skiing for the first time, but yeah he got unlucky there and i wish him a speedy recovery. >> football star vidal would reach a deal with prosecutors after apologizing and agreeing to pay undisclosed compensation. vidal was a key player. >> the 189 kilometer stage was designed to take in battlefields in northern france.. an area where soldiers died in world war i.

tony martin would keep the race's yellow jersey. butte pest will bid for the summer games. they pointed out hungary is one of the ten most successful countries in summer olympics yet to host the events they would join boston, paris rome and hamburg. the deadline to submit bids is september 2015. that's more sports coming over the next few days. >> lee, thanks so much. you can get more on sport. everything we're covering right there on our website at www.aljazeera.com. we have a full bulletin of news coming up with myself after the break.

>> bosnians remember sewl next rebrenecia as genocide. also coming up, the police admit to-- >> the war in gaza there is little sign of recovery in the palestinian territory. and nepal's tent cities why months