the '60s to break the uls walls down. but it was time. ♪ >> the 60s, next thursd:00s, ne night at 9:00 p.m. this is cnn breaking news. >> hello and welcome to our viewers in the united states and all around the world. thanks for joining us for this special coverage here on cnn. i'm rosemary church. >> and we are following breaking news out of the middle east where a humanitarian ceasefire has just taken effect this moment. the question, of course, will israel and hamas both keep up their end of the bargain? we'll go live there in just a moment. >> plus our reporters on the ground bring us a heartbreaking picture of what life is like in the war zone and we'll hear from both sides about what must be

done to make this truce las >>. >> the ceasefire is under way, it started at 8:00 a.m. local time. we want to bring up live pictures from gaza city. we saw some smoke rising just a few minutes ago, but for now, it seems, all is quiet. we'd heard some explosions and we also heard there were air-raid sirens going off in israel. >> the truce was announced jointly by the united states. the truce could be extended if this one holds. israeli and palestinian officials will begin meetings in cairo to try to negotiate a durable ceasefire. a u.n. spokesman explained the plan. >> this ceasefire is critical to giving innocent civilians a much needed reprieve from violence.

during this period civilians will receive humanitarian relief and the opportunity to carry out vital functions, including burying the dead, taking care of the injured and restocking food supplies. over due repairs on essential water and energy infrastructure could also continue during this period. >> now, even with the ceasefire in place, israel's prime minister says its military will continue it's demolition of hamas tunnels. i want to bring in martin savidge who joins us live from jerusalem. martin, we'll get more on that, but i want to go back just about, what, ten minutes before this truce took effect. bee were reporting live here on cnn those explosions, the plumes of smoke around gaza, the sirens earlier than that in israel. talk to us about what was happening at that time. >> rosemary, this is also what you fear, just as the ceasefire gets ready to be implemented, that last-minute flurry of

violence that comes, and it comes as a result of maybe one side or the other, or both, trying to make some kind of last statement, if you will. the idf reports that there were about nine rockets that came out of gaza, coming in the direction of israel, many of them were intercepted, but others did strike. and then it was clear that it appeared that it was also incoming into gaza. perhaps air strike, as well as artillery. so this is the stuff that makes you very nervous, makes you worried. no one wants any further casualties. but both sides have been very aggressive here. and to try to bring it to a halt, reign it in at the last few moments is what it's hoped this ceasefire will do. it's from this point on that everyone will be watching because israel has said, if it is receiving any kind of rocket fire, it will respond. hamas has said, if israel in any way is aggressive to gaza, it will respond. it is trying to get both sides

to back away. that is very difficult in the first few minutes, the first few hours of any kind of ceasefire. we'll see. >> indeed we will. you know, we are looking at that live picture now. just moments ago, we were showing the earlier shot of the plumes of smoke and the explosions there. if you would clarify something for us, because we know at this point, the israeli troops are there standing by. they're allowed to go ahead with this demolition of these tunnels. but what does that entail? could some of that smoke be the blowing up of some of these tunnels? how far can they go? what are the conditions exactly of that humanitarian truce? >> well, it remains to be seen exactly how hamas defines it versus how israel defines it. israel has the belief it can go forward defensively, to destroy the tunnels it has already identified. and that process could include demolition by explosive, or it could include using heavy

earth-moving equipment, it's unclear, but they feel it's their right to move forward. you will also see israeli forces inside gaza. hamas, on the other hand, is not going to like see at the degradation and may might consider that a violation. however, hamas already knows that's israel's intention and yet they're moving forward to send a delegation, along with the palestinians, to egypt, to continue on the negotiation process. so, again, it's both sides looking at this. they've agreed in theory and they are moving forward. there is a sense that this one is being followed, or at least taken more seriously. there are skeptics, of course, on both sides. but the fact that the negotiation teams have now been announced, that egypt is ready to host and move forward with this, it just has a sense that maybe this time both sides are committed to holding. >> because we've seen these come

and go, haven't we all? but what made it different with this particular one? because the basis is still pretty much the same. but what was put on the table, what egypt put on the table, what changed for both sides, particularly for hamas? >> well, maybe it's a perception. i think for hamas, they maintained before there could be a stop of any of the hostilities, that the israeli troops would have to withdraw, and you would have to see a lifting of the embargo before hamas was willing to stop. israel was seeing that as a non-starter. there was no way they would agree to that, in part because they would not want to give the impression to hamas that hamas had won a victory of sorts by forcing the troops to leave and by lifting the embargo. so the problem with just stopping shooting from hamas' point of view, that isn't good enough. you will still have a large population caught up in the suffering as a result of the embargo. it appears, for the moment, that

hamas has stepped away from its strong stance. however, you can bet that once these negotiations begin in israel -- in egypt rather, they'll begin very quickly. that's the first thing they'll be looking for, all right, when will the troops leave, the israeli forces, and when will the embargo be lifted? you've met one threshold, you take a deep breath, but the next steps are also going to be very, very difficult. on the other side, there's israel. israel has done well, they believe, to degrade the military capability of hamas. they have identified many tunnels, and it's clear they feel they've destroyed most of them. the next step would have been, perhaps reoccupying all of gaza and perhaps a much longer, costlier fight, which at this point israel may not be willing to make that kind of commitment. so this pause could come at what

is seen as maybe the right time. >> yeah, and for israel, their main goal had been to rid gaza of those tunnels that lead into israel. and perhaps if they feel they've succeeded in doing that, it might be the end of it, who knows at this point, but we are nearly eight minutes into this humanitarian ceasefire, which hopefully will last the 72 hours and beyond, if that's possible, depending on how the meetings go in cairo. many thanks, martin savidge from jerusalem. >> and the road to this truce was described as torturous for those involved in getting there. u.s. secretary of state kerry made 100 calls in the past week. hopefully this means that something will get going in cairo. and stand down there in gaza. >> he's received a lot of criticism too within israel for not doing what they perceive he should have been doing.

but he's toughed it out and we've got to this point where the united states, the united nations have been able to put this on the table. >> right, and they're sitting down in cairo, hopefully they said, as soon as the truce began, these talks began. so we'll hopefully have something to report from there. leading up to this, nothing easy. still going strong the day before the truce started. officials in gaza report 1,452 people now killed. and more than 8,300 wounded. israel reports 64 deaths with five more soldiers killed thursday. maybe that's another reason why they're ready for this truce to begin. u.n. officials are continuing to express outrage at strikes on u.n. schools, housing displaced people from gaza. the u.n.'s human rights commissioner says war crimes may have been committed this that gazans in those shelters say they have been living in constant fear.

hopefully that will now change. >> translator: the fear is unimaginable. we're living in very sad conditions. we're too afraid of going to the toilet, eat, drink, from fear. at this point, i would rather be buried alive than wait for the israeli air strikes. >> translator: we're dying of fear. i want to go and die in my own home, rather than die in a u.n. school, because there is no safety here. none whatsoever. >> israel has blamed hamas for launching weapons near civilian shelters and in residential areas. its military released this video which says it shows hamas rockets fired from populated areas. israel's ambassador to the u.n. talked about that on thursday. >> hamas is using its own people as human shields. it hides rockets inside mosques. it sets up command centers in hospitals. it booby-traps homes.

in one school, in one street in gaza, out of 28 buildings, 19 were completely booby-trapped, and we have found explosives within a baby crib. >> but again now, 11 minutes into this ceasefire, it is quiet right now. and in the midst of the death that the world has seen in gaza over the past few weeks, there's also precarious new life. >> yeah, ian lee went to a hospital in gaza where mothers are giving birth. as he reports, the family's enjoy is tinged with sadness and anxiety about what the future will bring. >> it's time for her to bring her child into the world. it won't be a natural birth. surgeons have opted for a caesarean, to take advantage of a lull in the fighting. a few words of comfort, a prayer

on her lips, the operation begins. doctors work carefully, but briskly. five more mothers to be are waiting. at a time when gaza is so identified with death and suffering, for once, life, and a glimpse perhaps of hope. a boy, eight pounds, two ounces. his name, feras. a little bit boy with an uncertain future. >> most families are looking forward to bringing their baby home, but this little boy won't be going home any time soon, because his family had to evacuate their neighborhood. >> for many new borns in gaza, this is their new home. for now. life hangs in the balance here. with a close eye and the reassuring sound of a machine, loss of power, and the result could be disastrous. doctors say the stress of war has triggered a sharp rise in premature births, meaning more babies have to fight to stay

alive. two days later, it's off to feras' grandmother's house. he arrives, but without the typical fanfare. >> i'm happy, but our joy should have been greater. with so much death and all the things that happened to us, it wouldn't be right. but we hope that his birth is a sign of good things and the start of a new dawn. >> feras meets his sister and brother. the inkrizative 3-year-old has many questions. where are his feet and hands, he asks. feras reaches for his mother, as if instinctatively aware of the dangerous world he's entered. ian lee, cnn, gaza. >> and you can click on cnn.com to help the civilians caught in this conflict. we have links to organizations working on the ground in gaza. and you can also see the latest updates, pictures, and videos.

>> nearly 14 minutes into the ceasefire and it's quiet at this point. we hope it will continue. >> absolutely. and we continue to stay in close touch with our teams who are there to get the latest for you. coming up here on cnn, the spreading ebola crisis. we'll hear from liberia's president who is issues an urgent plea for help as ebola ravages her country. mmm, progressive insurance here. ever since we launched snapshot, my life has been positively cray-cray. what's snapshot, you ask?

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welcome back. we have this development on the ebola crisis. a source tells cnn a charter jet is on its way to liberia to evacuate two american aid workers infected now with the ebola virus. if they're stable enough to travel, they will return to the u.s. in an isolation pod on

board this plane and kept in isolation once they arrive in the u.s. it is to be the first time an ebola patient will be in the united states. >> dr. kent brantley, and his colleagues nancy rib old, are fighting for their lives at this point. rib old has received a dose of an experimental serum. there was only one dose left and dr. branltly insisted she receive it. he was given a unit of blood from a 14-year-old boy who survived ebola, thanks to brantley's care and it's hoped the blood will help him fight off the virus. >> what heroes for going there to fight this crisis. >> amazing. >> the world health organization is launching a $100 million response to this unprecedented outbreak. >> working with affected west african countries. the plan outlines a desperate need for more medical personnel. the u.s. centers for disease

control is sending an additional 50 workers to the region. the virus has affected people in guinea, liberia, sierra leone, and nigeria. at least 729 people have been killed since march. >> some aid groups have pulled their volunteers from the region because of the dangerous conditions. it's leaving treatment centers there understaffed. >> it has been very, very difficult on our workers, because they've lost a lot of their colleagues in the process. and their morale is down, but you know, it is their job. >> help can't come soon enough for liberian president, who spoke to cnn's richard quest earlier and said what's happening in her country is nothing short an international crisis. take a listen. >> we need everybody. we need preventive care. we need ambulances.

more importantly, we need human assistance. we need technical assistance, doctors, nurses, experts that can train our own people as to how to deal with those who are sick. how we can encourage the preventive measures we are already taking and we've taken a lot of them. we've quarantined places, we've closed schools, we've closed our borders, we've closed markets. we've done everything we can, but what we've done is just not enough. what has happened in our region with our neighbors who have done a lot is still not enough. this is an international crisis. and i hope that the international community will respond to it in that kind. >> how much are you having to tell people culturally, you're going to have to behave differently because of the deadliest nature of this awful disease? >> we're getting that message

across to them. in liberia, we shake hands very frequently. we've said no hand-shaking, no touching. we have some of our traditional practices relating to the burial of the dead. we say, we're sorry, you just can't bury your dead the old way. you cannot touch those bodies. they have to be turned over to the health authorities who see what they're properly disposed of, so it do not represent a risk of somebody coming close to them. no interaction. it's been a tough sell because people are used to be free and doing what they want to do. right now, we're getting to them, that they have to be restrictive, they have to respect the laws, the orders and if they don't, we'll have to impose on them for their own good. >> the u.s. has now issued its highest travel alert against all non-essential trips to west

africa. health officials say spreading the virus on a passenger plane is unlikely, but many countries feel the virus is just a flight away. this map shows the number of weekly flights from guinea, sierra leone, and liberia, countries where the outbreak is concentrated. most are to other west african nations, we want to point out, but there are direct flights to europe, including the uk, france, and 16 weekly flights to the netherlands. >> we have still more to come, but want to take a short break just now. but coming up, ukrainian soldiers stand guard as interesting investigators make their way to the flight 17 crash site, what they were able to accomplish during their brief visit. we'll have that for you coming up, stay with us.

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esurance. insurance for the modern world. now backed by allstate. click or call. welcome back. live video from the middle east. on the left, gaza city, on the right, the border between israel and gaza. so far we've been hearing, 23 minutes into this ceasefire, that it has been relatively quiet. there is some smoke there on the right side, but we don't know the source of that. we do know that israel says it will continue to dismantle tunnels and seal them during this ceasefire, which we hope will hold, the world hopes will hold, because much needed food and medicine is coming to the people in gaza.

so many thousands injured and hopefully the players in this saga are sitting down in cairo to talk about how this 72-hour ceasefire can even be extended. so far, our correspondents there are not reporting any major eruptions or anything since this truce began. and we'll have live coverage for you and will hear from them shortly here on cnn. rosemary? >> yeah, we are very focused on what's happening there in the middle east. but another story that is top of our list here, international investigators say they hope to bring a larger team to the crash site of flight 17 today. a small group of european inspectors did reach the site thursday, that was after being turned back by fighting for four days in a row. very frustrating for those inspectors. two touch and two australian experts say, they did a rapid assessment of the site once they got there. they hoped to return today along with workers who can collect

human remains. take a listen. >> the good news is that after almost a week not there, absent from there, everything was more or less intact, from what we can tell. we've been out there so many times now, we're able even to notice subtle things, subtle changes. but that was the good news. of course the sad part is, two weeks almost to the hour that this plane came down, when we were out there today, there's still human remains out there. in fact, the experts detected some. they marked it and hopefully tomorrow, things will stay calm and we can get out there. >> and ukraine's military called a temporary ceasefire tuesday so that convoy could make its way to the site. the inspectors had to use an alternative route that took them six hours for what was normally a two-hour drive.

>> the second tropical cyclone of the atlantic season has formed. we'll find out where it's headed. >> and we'll go to our meteorologist with all the information, tracking this. ivan? >> comes on the heels -- well, not on the heels. we had arthur, one of the strongest to hit the united states. now we have bertha, the b storm here, took the entire month, but august 1st, bertha is not doing that much, out in the middle of nowhere. about 45 miles per hour, it's going north and west. we have watches and warnings posted for the leeward islands. you take the norn most track, southernmost track and that's how we get our cone, the red line and that lines up exactly with what i'm about to show you here. there goes the storm in the next 24 hours. notice, though, 85 and then 65, weakening as it interacts with puerto rico and the island of

hispaniola here, not expected to become hurricane-sized. this is mainly going to be a significant rain-maker for the islands here, the caribbean over the next few days. tropical storm watches for the win ward islands. the blue you see here are the warnings and puerto rico, you're now in a tropical storm watch, which will be extended and upgraded to a warning as we get closer to the event, 24 to 48 hours. action too in the western pacific. we have this feature here impacting with japan. and then we'll get to halong, which will likely become a typhoon. this low will head to the north and west, essentially west of the korean peninsula here and we'll see some significant rain and very gusty winds. they've already been clocking significant winds along the southern japanese islands. we'll watch for that. but generally transitioning now into a rain event. and then we have this system here that will be bringing us

plenty of worries over the next couple of days because this one is likely to strengthen a little bit more than that low pressure to the north. 100 kilometer per hour winds, gusting to typhoon strength, but they have to have maximum sustained winds of 120 plus. looks like we'll get there. it's moving rather slowly, so we have time to watch it. look at this, 72 hours, barely moving. steering currents are weak for this. so eventually it migrates over towards the japanese islands, but that would be next week. so we have time to watch and we'll keep you posted throughout. >> we know you shall, thanks so much. >> we'll get back to your live special coverage of the 72-hour ceasefire in gaza after a short break. >> plus, former israeli president shimon peres tells our wolf blitzer what it will take to make the truce last. (woman) the constipation and belly pain feel tight like a vise.

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a warm welcome back to our viewers in the u.s. and all around the world. this is cnn special coverage of the conflict in the middle east. you're looking at these live pictures from gaza on the right, there gaza city, on the left, the israeli-gaza border. we're waiting and hoping this ceasefire holds. israel and hamas had agreed to this pause in the fighting. it has been under way now for 32 minutes. it has been quiet so far. there was a flurry of activity just before it took effect. but for now, it is calm, and we hope it lasts the 72 hours and of course that the talks taking place in cairo can perhaps extend it beyond the three days. >> thanks so much for joining us as we continue to cover this

developing story. the united nations says the main goal of the truce is to allow desperately needed aid into gaza. so far, the u.n. says it's been a huge struggle to get displaced gazans the help they need. hopefully that will change now. >> indeed. and the u.n. says israeli and palestinian negotiators will head to cairo to try to forge a more lasting ceasefire. but of course a big question is, can they do that? earlier on cnn, that subject was debated by the president of the arab american institute, and co--founder of the foreign policy initiative, he served in the george w. bush white house, and this is what they had to say. >> of course they want some kind of ceasefire, an end to this process. but they don't want to have to go back in. it's not good for anybody. so in order to avoid going back in, they have to make sure this rocket threat is decimated. they have to make sure the terror tunnels are exploded and

they have to make sure hamas is not able to rearm. you do agree that hamas should not be able to rearm, right? >> here's what i agree. i agree that hamas should operate within the palestinian authority and that there should only be one authority. i agree with that. and i agree at the same time that there has to be an understanding, that israel didn't leave gaza. what they did was, they surrounded gaza and maintained completely control of gaza, by strangling its economy, by strangling the opportunity of its people to survive. when you have a government that counts the calories it lets into gaza and says, we gave them enough for everybody to get 1,200 calories a day -- >> jim -- >> no, dan, i let you finish. this is serious stuff upon the lives of people are at stake here. you have 1.8 million people. it's not a metaphor and an exaggeration to say living in an open-air prison camp. this is a people who are desp r

despairi despairing, living in poverty. do not blame the victim. understand that hamas emerges out of the despair of the people in gaza. if you want to end the despair, you end the extremism. that's the way to do it. >> one of the many debates there leading up to this moment, a ceasefire, as of 34 minutes ago. martin savidge among our team there, live in jerusalem. martin, what are you seeing and hearing so far? >> well, you know, as you mentioned, we're 30 minutes in, which you could say, hey, that's barely beginning, but there were previous ceasefire attempts that failed in the first few minutes. so 30 minutes is not something that is small, in the achievement. we should point out a number of things, though, and we can do this visually. first of all, the live imagery from gaza does continue to show smoke rising. now, it's hard to really understand exactly whether this is something that is burning,

leftover from previous strikes, previous artillery rounds that have gone in, or whether it's something new. we have not heard of anything new. in other words, we haven't heard of new rockets that have been fired after the ceasefire. we haven't heard of incoming rounds going into gaza. so it may be that we're just watching the smoke rise. and in the meantime, the israeli forces remain down there, outside of gaza. there's both armor that is there and of course the troops. and that was part of the agreement, at least from the israeli perspective, that israeli forces in gaza, would continue to remain in gaza, as well as the continued destruction of the tunnels. we also know prior to the ceasefire being implemented, there was a flurry of rocket fire out of gaza and then on top of that, there appeared to be the last-minute strikes, some of it seeming to come from the israeli air force and other parts seeming to come from perhaps israeli artillery. not uncommon, as you come up to the last moment before a

ceasefire, to see both sides sort of getting in the last hits before things settle down. and then we also want to show you what it looked like on the streets of gaza. at least about the time that this ceasefire was implemented, and beginning to see people emerge. and that is part, really the large part of the first few hours. it's going to be people coming out, and they're going to have to try and find what supplies they can, whether it be food, whether it be water, trying to care for the injured, trying to retrieve the dead. all of this, remember, it's a humanitarian ceasefire. so there's a strong need and a strong concern about a humanitarian crisis. dealing with the wounded is another huge problem. we know that the facilities in gaza have been overwhelmed by the thousands of victims as a result of this ongoing conflict. and there is right next door, a number of medical facilities that have been standing by, but they have not received the wounded they thought they might

get. we went to investigate. >> 3-year-old rhonda alshar has burns over 50% of her body. she doesn't know her mother, brother, grandfather are dead, killed in the same israeli air strike that wounded her. yet rhonda is considered lucky. she's out of gaza. [ crying ] >> the images of dead and wounded children in gaza have shocked many. these images get far less attention. victims israel has allowed out of gaza to be treated where their care and chances for survival are better. but to get here, the wounded risk their lives a second time in a dangerous ambulance ride across the front lines. as you can see, this is a very busy place. there are over a dozen children that are being treated here and more keep arriving. but those numbers are far lower than expected.

>> we expected hundreds of cases, but we only got a couple of dozen cases. >> to understand why, you have to understand a process that is bewildering even for those involved. how children are chosen. first, they are selected by doctors in gaza, approved by the palestinian authority and coordinated with the international red cross. but none can come without israel's final say. >> this 14-year-old lies in a comatose after an explosion struck her bedroom as she slept. in the complicated process, only she was cleared to come. her fearful family in gaza, gets updates over the phone. a 1-month-old needs possible heart surgery. the infant was allowed, but not his mother. her paperwork was out of date. the boy's family believe permission was granted out of

guilt. >> translator: they gave him life because they took a life. >> despite more than 8,000 wounded in gaza, only 60 have come to israel. each side blames the other for the pitifully low number and for a bureaucracy so twisted by war only it can consider a badly burned motherless 3-year-old lucky. and we continue to monitor the ceasefire as it's been implemented. the live imagery we're looking at is showing israeli forces along the border between the gaza and israel as they stand by. many israelis will be waking up to the news of the ceasefire, because it came in the middle of the night. about 12:35 local time. and some may be surprised, because in the days leading up to it, certainly the israeli leadership had indicated that, look, we may be in for a long

fight. they called up 1,600 additional reservists, requested from the u.s. more ammunition, all those signals that this was going to be an ongoing campaign. now it seems to have come to a stop. there will be a political divide over whether it's wise to stop now when many felt it was time to put hamas out of business. >> well, hopefully with this truce now beginning, we'll start to hear about talks beginning as well, as they are scheduled to begin there in cairo. martin savidge, for us, thank you for bringing us the latest. now to rosemary. >> and natalie, we saw those horrifying images there of children wounded by the bombing. and as the world watches those images, former israeli president shimon peres tells cnn that hamas, not israel, is to blame for the deaths in gaza, and he says israel will continue to continued as long as hamas fires

rockets into israeli territory. >> the criticism of israel is that it's reacted disproportionately. you say? >> well, i don't know in that case what is a proportion. imagine that you see a child on your knees and somebody is shooting at your child and yourself, what is the proportion? don't you shoot back? i mean, they put before us an impossible question. but we cannot escape it. we wish we wouldn't have to do it. we have nothing against the people. we wouldn't like to see anybody being killed. it's not our purpose. but if they put it in their homes, with their children, and there they plant rockets and the different weapons they collect, what can we do?

>> how do israel and hamas achieve a ceasefire? >> i mean, first of all, to get rid of the problem of the tunnels. no government, not even the israeli government can stop the fighting before every matter in this country will be sure that somebody will -- [ indiscernible ] impossible. it was a waste of money. >> what about the rockets and the missiles? >> the rockets and the missiles, it will continue. first of all, we have defense. and it will continue, we shall fight back. we will continue to fire rockets. they continue to fire rockets, they'll get back rockets. with rockets and tunnels, only a ceasefire without rockets and without tunnels. >> cnn's wolf blitzer with former israeli president shimon peres there and his view of things.

as you know, the palestinians have their views and they're typically opposed. a palestinian diplomat and the chief of the plo delegation in washington, he told cnn's anderson cooper, the palestinians have the right to defend themselves. >> the israelis have said they will insist on the complete demilitarization of gaza as part of a long-term solution. is that a non-starter for the palestinian authority? >> absolutely. any talk of demilitarization, the palestinians have said repeatedly, they will accept a demilitarized state once israel ends its military occupation. the palestinians have the right to defend themselves. they're under occupation, not the israelis. they're subjected to continuous israeli violations. therefore any talk about demilitarization, maybe israel should often to take goodwill gestures by saying, once peace is achieved, we will abandon our

nuclear arsenal, and we will abandon our offensive weapons. once peace is achieved, there is no reason for either party to be concerned about the other attacking them. but the end of the occupation is a key element. >> well, a ceasefire is under way in gaza. in actual fact, 44 minutes into it, but the electricity is still out. shells hit the territory's only power plant just this week. the palestinians are blaming israel for that, but israel says it didn't target the plant. we'll have details on that next hour. >> hopefully they'll have power and they will have a little peace. coming up after the break, a day to forget for u.s. markets, as the dow plunged more than 300 points. we'll have a report from wall street on what exactly happened.

>> a monster sell-off. the major indices gave back all their gains.

the dow plunged 316 points. that's its third biggest drop for the year. the nasdaq and s&p 500 finished deep in the red. it was many factors. deflation in europe, the situation in argentina, and signs of inflation giving ways to worries that the fed will hike rates earlier than expected, not to mention the latest sanctions in russia. and one company feeling that pinch, adidas. they finished the day down, 15%. the reason, turmoil in russia is forcing them to reduce its footprint in the count footprint. >> exxon's results didn't impress investors. production fell 6% last quarter. >> and after a miserable

thursday on wall street, friday isn't looking much better in asia. there are the numbers. most of the arrows heading down. look there -- excuse me. look there in australia, down nearly 1.5%. hong kong and the u.s. outweighed positive signs in the manufacturing sector. the only bright light, shanghai composite up 4%. >> and in the first trading session after argentina defaulted on its debt, stocks in that country took a nose dive. the nation's benchmark index plunged more than 8%. after the debt became reality early thursday. to make matters worse, a u.s. judge ordered they must settle payments with that group before making payments to the larger group. this is argentina's third fault in 28 years. the last was in 2001.

a sudanese christian woman sentenced to death because of her faith, arrived in the u.s. thursday a a new hampshire airport. she was accused of marrying a christian man. abraham's sentence was overturned due to world outrage, but after her release, she was detained again and accused of falsifying travel documents. last week, she was able to leave and flew to italy and now is in the united states. we wish her family well and her newborn. >> absolutely. we'll take a short break now. on the other side of that break, we want to take a closer look at what's happening in the middle east, specifically in gaza. we are 50 minutes, nearly an hour into that humanitarian ceasefire. the hope, of course, is that this will go for 72 hours. perhaps even longer, if talks

held between palestinians and israelis in cairo are successful. but we'll keep a close eye on that. it's quiet at the moment. we saw a little bit of smoke at the border between gaza and israel, but at this point it is quiet. and that's the main point of this, a chance to get some humanitarian aid into those civilians there in gaza. we'll be back in just a moment. defiance never grows old. citracal maximum. easily absorbed calcium plus d. beauty is bone deep. i never know what kind theof adventure awaits. that the days are longer, and the breeze feels a little sweeter. and, thanks to volvo, i'll pay nothing for repairs or maintenance for 5 years, nothing. they even cover my first month's payment. so, i'll be happy wherever the summer takes me. the wonder of summer event.

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the other guys' rates, too? mm-hmm. cool. yeah. hi. final boarding call for flight 294. [ bells ring on sign ] [ vehicle beeping ] who's ready for the garlic festival? this guy! bringing our competitors' rates to you -- now, that's progressive. welcome back. as we take these live pictures from gaza city. it is nearly an hour into the 72-hour humanitarian ceasefire, all this an effort to end the more than three weeks of fighting between israel and hamas there. of course the reason for this humanitarian ceasefire is to get much needed aid into gaza. they need water, they actually

need lots of food, and power. there's no power as a result of the main power plant being put out of action, being hit by missiles there some days back. but we're keeping a very close eye on this. it's quiet now, and that is the main point of this. the hope it will last a 72 hours, and perhaps beyond if the talks in cairo between both sides of the equation here are successful. we'll keep a close eye on this. >> there are correspondents tells us they've seen people moving about, even seeing cars down the road is a good sign. again, the u.s. and others have pledged assistance for the millions of people there who desperately need it. well, after a deadly landslide, recovery efforts in india continue amid heavy monsoon rains.

ivan joins us now. >> this is the time of year for these things. this is part of the world where we get so much rainfall. because of the topography here, the steep hills that people live in at the bottom of the hills, you get the disasters that transpire. this is what we had, a remote village across the southwestern part of india, with the steep terrain. some of these homes, no longer there, as a result of the landslide that occurred the last couple days. let's take you to the ground and show you what occurred here. so much rainfall falling down those mountains. take a look here in the valleys. talking about just currents coming through here. and swift-water rescues under way. they're still looking for people. it's kind of a mess. on top of this, you get the daily, afternoon downpours that come down this time of year. so you continue with just incredible scenes coming out of india. back live here, can you see some

additional pictures of what has been happening there the last 24 to 48 hours. not too unusual to see these scenes. live stock there, just wondering where the grass went as the water is right up to them there. unfortunately it's going to take a while to recede because we're not going to get much of a break. look at some of the rainfall talies in the next 48 hours to 72 hours. more heavy rain. the monsoon enhanced by this low that is moving along india here, and that is just bringing down incredible downpours that will continue over the next couple days. not the only region here, across the south and east of india, thailand seeing very heavy rainfall, 100 to 200 millimeters of rainfall. vietnam as well getting hit with heavy rainfall. hard to get from a to b. significant damage across many homes and businesses as a result of all that rain.

of course you involve streams and rivers and everything gets very messy indeed. we'll also keep checking on europe for a low here that continues to spin. very heavy rain across the balkans at this hour. >> all right, ivan, thank you very much. >> and that does it for this hour of cnn's special coverage. i'm rosemary church. >> and i'm natalie allen. we'll be back in just one minute with a live report just one hour into a humanitarian ceasefire between israel and hamas. stay with us.

>> a full hour into the 72-hour israeli-hamas it was a deadly thursday. the death toll on both sides is rising. born amid chaos and conflict. there's been a rise of premature births in gaza. the babies fighting a very different battle. hello and welcome to our viewers in the united states and around the world. i'm rosemary church. >> i'm natalie allen. >> one hour into a cease-fire, hamas and gaza appear to be holding their fire. >> these are children in gaza, out in the sunshine. before the truce began at 8 a.m. local time, we