welcome back. you are watching live from paris. the top stories this hour -- scores killed and wounded after a huge explosion at a warehouse holding toxic chemicals in china. have beenin tianjin overwhelmed by the number of injured, the government sending experts to monitor the environmental fallout. a massive truck bombing at a busy market in baghdad. the attack struck a major shiite neighborhood. and greek lawmakers on the third international bailout.

85 billion euros over three years. members of the prime minister's parties say they will vote against the deal. ♪ anchor: first, and explosions so massive that it could be seen from space, at least 50 people killed after a blast at an industrial plant in china's northern city of tianjin. hundreds were injured and hospitals have been struggling to cope. promised ant has thorough investigation into what happened. residents were filming the port going up in flames when suddenly -- >> whoa! reporter: a second explosion,

this one much bigger. estimated to be the equivalent of 21 tons of tnt. daylight, the full scale of the damage was visible, thick smoke still rising from the blast site. three clawrocked matters, leaving apocalyptic scenes. containers,ndows, and cars, as well as residents trying to understand what happened. >> i was so confused. i did not know what had taken place. i thought it was an earthquake. reporter: hundreds of people forced to leave their homes are waiting on the street for help with security forces dispatched to the scene. city hospitals have been flooded with casualties. after being treated, some victims described the ordeal. >> i saw a fire far away.

then suddenly there was an explosion. i don't remember much, but i think my first reaction was to run. then there was another blast and i realized i was covered in blood. >> i was at home sleeping. the first blast did not seem strong, but it woke me up, so i went to the balcony. that is when the second blast blew me away. reporter: the warehouse is highly toxic inflammable chemicals. officials had recently met with warehouse officials to tighten safety, but measures have yet to be announced. andor: dozens killed wounded in iraq after a bomb in baghdad, striking a shiite neighborhood thursday. the sunni extremist group islamic state has claimed responsibility. andrter: this fruit vegetable sector was the target, thursday one of its biggest days

-- one of its busiest days. it was reduced to rubble, charred stalls, and produce. the truck bomb detonated shortly after bomb. the islamic state group said they carried out the attack. a refrigerator truck was used. residents from the mainly shiite neighborhood rushed to help victims. lifting the dead and injured with makeshift stretchers. complexdouse to the after the explosion, treating scores of injured at hospitals. while nearly daily attacks in baghdad are common, the scale of this devastation melting more pressure on the government to increase their fight against islamic state. the u.s. has dispatched 3500 admitsy advisers, but that iraqi troops are not making headway on more may be required.

>> i believe if we find in the next several months we are not making enough progress, we should absolutely consider embedding soldiers. reporter: the u.s. military also stresses while i can assist, only a regionwide effort can defeat these sunni extremists. anchor: the islamic state group has been accused of using chemical weapons against kurdish fighters in northern iraq. madeerman defense ministry the claim. german soldiers had been training the kurds in the south. 60 fighters are said to be suffering from breathing difficulties. the type of chemical has not been specified. there are fears the islamic state fighters could mount a large-scale chemical weapons attack against their enemies in syria and iraq. appearededa chief has in a video for the first time since last year. he pledges his loyalty to the new tele-bandleader.

talibannew leader. there had been speculation he was dead. is islamic state group counting on al qaeda as the main position for global jihad. six men sentenced to death over the role in pakistan's worst terrorist attack. most of them schoolchildren, were shot dead when militants overran the school last year. spotsliban claimed her ability, and the government lifted a moratorium on the death penalty, changing the law so terrorism suspects could be tried more quickly. the taliban said the attack was revenge for army operations in the tribal regions. fears now for the democratic process in burma after a democratic leader was removed from his post. the union solidarity and development party, the burmese

people will vote in an election in three months. some believe that the president is trying to hang on to power. we have this report. reporter: a quake at the top in burma. after several years of democratic positions, the military could once more be tightening its grip on power. wednesday night, a police raid on the headquarters of the ruling union solidarity and of theent party ended in removal of office from the party leader. his rival with the burmese president is no secret. both are former generals who traded their uniforms for presidential ambitions. one got the job in 2011, and the other has been since trying to reduce the military's power of the former junta-ruled country. last month he tried to have greater decentralization come on

the to see the bill vetoed by army representatives in parliament. he has also been working with the burmese historical opposition figure, setting himself off as an important player in the upcoming polls. his removal one day before the deadline for candidate registration appears a thorn in the side of burma's democratic experiment. anchor: green lawmaker set to vote on the latest international bailout. creditors have agreed to lend greece 85 million euros -- 85 billion euros over three years. members of the prime minister's party said that they would veto the bill, but it is expected to pass the opposition. we are there. we are expecting the vote later tonight, is it likely to be close? reporter: yes, the vote is expected to begin -- the debate, actually, the debate is expected

to start right after midnight. it will be a long night again for lawmakers and journalists. it looks like the pro-european opposition parties, it will be tough for the prime minister to rein in his ruling mp's, but some think this could destabilize the administration. it remains to be seen. it will crucial night for the administration. anchor: natalie, what is it about this bill that members of the ruling party do not like? reporter: where do i begin? he came into power because of austerity, pledging all sorts of things. to change the reality for the greeks who have been battered by five years of harsh measures and spending cuts and tax hikes. agreement isloan full of tax hikes. nearly every line includes a tax

increase. so that is why, and it will also d reg lies -- it will also deregulate all kinds of things. everything they promised not to do they are now forced to do, creating a huge opportunity for creditors. anyone can actually implement these measures, it is the prime minister. he has shown the greek people he has given his best chance. they are all rallying behind him. this is really the chance to implement the spending reforms he has not been able to in the past. hopefully turn around the economy. that is what we are seeing today. leslie, -- natalie, if this deal does go through, what will it mean for ordinary greeks? many people have had them a miserable few months with cash withdrawal limits and not being

able to use credit cards. will this make a real difference to them? reporter: absolutely. i have been speaking with many business i put her norse -- business entrepreneurs, who have been making profits, and they are all looking for ways out of greece. all the new tax hikes are just unbearable. they also have to pay 100% of the taxes next year as well. it is extremely difficult on the economy to recover in begs the question on the list of many greeks, why is europe in forcing this? at the end of the day, it is very unlikely it will bear any difference. it's difficult for greeks to follow the reforms when there is to this pain that is going be unlimited as well. the big question is how much

more greeks can suffer. this will also target the farmers, who in the last five years have kind of been able to preserve their benefits and remain relatively unscathed the why this crisis. .hey are already suffering everyains to be seen sector will be affected. the shipping industry, which is the strongest, many have relocated. you, natalie, reporting from athens. a migrant crisis on the island of greece is said to be easing. has charted a cruiseship to act as a temporary shelter for hundreds of people. migrants, many from syria, have arrived in the greek islands this year, leaving authorities completely overwhelmed. reporter: migrants are lining up outside of the stadium under the

scorching heat. they are waiting to be registered by greek police. despite reinforcements brought in from athens, patience is running thin. >> many people here have been 50 days waiting here. they don't do anything. you see how many degrees hot it is now. reporter: some 7000 migrants have flooded the streets the past few weeks. the two worst island has a population of 33,000. with nowhere to go, the refugees have been sleeping on the ground or in tents and living in deplorable conditions. tensions escalated tuesday when the police attacked the migrants with fire extinguishers. the mayor warned that bloodshed would follow if the situation were to worsen. the reinforcements were welcomed by local authorities and the mayor hopes that most refugees will be allowed to leave the island soon. >> the registration process is

going very well. the a point to point out police were working until 4 a.m. last night and started early today. about 700 people are being registered every day. i believe most will be registered by the weekend. reporter: meanwhile, the greek government has dispatched a cruise ship, hoping to provide temporary housing for 2500 migrants. he says he is disappointed after charges of sexual assault expired. swedish prosecutor said they were obliged to drop part of the case. the wikileaks founder is wanted on more separate, more serious allegations of rape. he was holed up in a london embassy, fearing extradition to the united states. his alleged sex offenses reaching the end of their shelf life, sweden's public prosecutor has dropped two of them, with a third likely

to follow next week. one more serious allegation remains, that of rape which will span another five years. >> now that the statute of limitation has expired on certain events is, i'm obliged to drop out of the investigation. i still hoped to arrange for an interview as the ongoing negotiations between sweden. the wikileaks founder has been holed up in the door -- r's london embassy, on fear that stockholm would pass them on to u.s. authorities. this followed his hand of the publication of hundreds of thousands of classified documents. the australian insists he has been willing to meet prosecutors as long as they go to him. >> he has been granted asylum at the embassy. if he leaves, he will lose asylum. based on this case, it would be a natural step to take.

reporter: it has left british authorities fuming, ecuador allowing shelter. >> the continuing failure to expedite this situation to an end is seen as a growing stain on the country's reputation. reporter: british police have had the embassy under guard day a night since he fled their at a cost of over 10 million pounds. outnumbered some today as paris held its controversial tel aviv day. the was a rival camp to protest against what some of them called an immoral event. paris mayor and the french prime minister stood their ground, saying that tel aviv day is an opportunity to promote dialogue. ♪ two events

happening at the same time, separated only by a bridge, the notre dame bridge behind me. on the other side of the bridge, there is the official tel aviv event organized by the paris, with a dj and a food truck selling israeli specialties. on this side of the bank is the gaza event, organized against the main gathering, with a sayingt angrier crowd "free palestine" and "boycott israel." hundreds of police officers have been here to protect the area, with policeints officer screening bags using metal detectors. this is not the first time paris organized the show around the city. it was reno and athens before, the choice of --

tel aviv has been a controversy. anchor: scores of people killed and wounded after a huge explosion at a warehouse holding toxic chemicals in china. hospitals in the city of tianjin have been overwhelmed by the number of people injured. experts have been sent to monitor the environmental fallout. the islamic state is claiming responsibility for a massive truck bombing at a busy market in baghdad. the attack struck a mainly shiite neighborhood at dawn. lawmakers are set to vote on the country's third international bailout. euros over5 billion three years. the prime minister's party has said they would vote against the deal. time for an update on the business news, and you are going to tell us more about the bank of china devaluing the currency for the third time this week? reporter: the people's bank of

china devalued their currency by 1.1% against the dollar this thursday. they did come out and publicly defended their actions at a press conference. and luxuryexporters goods makers are worried about the impact of the devaluation. reporter: it is unlike the people's bank of china to hold press conferences, but the chinese central bank has sent shockwaves through the international markets with a forced evaluation of its currency over three days. thursday, it was time to calm fears. for the top officials, the new currency rate reflects market realities and was not intended to exports. >> we don't need to boost exports by adjusting exchange rates. china's exports are fine. it's groundless to say the currency will be devalued by 10% and to say this is government policy. reporter: in spite of

reassurances, the drastic decision has raised suspicions china's economy is doing worse than 7% gdp growth forecast might suggest. addition, foreign goods are more expensive for chinese consumers. acuity brands, fourth in the chinese market is an important driver for growth, are suffering. a french group has seen its share price fall 10% in two days. concerns are also filled in germany. thee will see an effect in high-end consumer products, luxury products. that is where we have direct concerns. for example, the german car markets. for german carmakers. reporter: china is the second biggest buyer of european goods after the united states, accounting for 14% of exports last year. reporter: the latest reassurances from china's central bank calmed global

markets thursday. in the u.s., stocks are trading in positive territory. in july and of .6% weekly jobless claims coming in at 247,000, higher than analyst estimates. the dow jones up, similar with the nasdaq and s&p. u.s. crude slipped to its lowest level in 6.5 years, closing at $42 and paid two cents per barrel. there was a big rise in u.s. stock prices. ftse endedpe, the flat, while the dax closed up. athensle, the index and and at the session in negative territory, despite positive economic data from greece. the greek economy unexpectedly grew .8% in the second quarter

of this year. staying in greece, in a few hours parliamentarians are set to vote on a third greek bailout. despite opposition from the ruling party, lawmakers are expected to approve the agreement. the great finance minister defended the deal, saying the government plans to achieve a primary budget surplus by 2018. be measures going into effect in 2017 and 2018, and we have committed ourselves to further measures to be voted a in october to may 15, for -- in october 2015 for a primary surplus. 75% of gdp, and in 2018 it will make up .25% of gdp. reporter: let's check other business stories making headlines, samsung unveiled a

bigger version of its newest phone. it has a 5.7 inch display. they also unveiled a new tablet. devices withng out larger screens is seen as an attempt to take on apple. prosecutors in germany alleged a group participated in a fraud scheme involving co2 emission certificates. were evenn euros aided in value-added taxes and investigators began investigating in 2010. first quarter profits at the world's largest pc maker were serious, lenovo facing challenges selling smart in china and pcs around the world. they will cut about 3200 nonmanufacturing jobs. 50 millionto save $6 in the second half of this year.

russia indicated that it would widen its import banned list earlier this week. countries willer no longer be allowed to export food at the country. they joined other western powers impacted by russia's counter sanctions. the food bans are set to remain in place until august 2016, imposed in response to western sections placed on moscow over its alleged role in the ukraine crisis. auction news, especially if you are an elvis fan. items will be auctioned at graceland thursday. online bids are being accepted. the articles include the king of handgun,oll's personal a jacket worn in a movie, and a guitar. is heldar, ellis week remember elvis presley's death in august 1977.

this is the third auction to take place at graceland. from will have bidders around the world bidding online. there is a starting bid on a lot of these items. back in certainly be affordable. you never know until the auction takes place. we have had items in the past that we expect it to not go for all that much going for $20,000. it depends on the collector participating in the auction and how badly they want it and what they are willing to pay for it. reporter: 38 years after elvis presley's death, fan still want a piece. anchor: it's amazing. people are still so keen to get their hands on it. reporter: this is the third auction at graceland. every year, fans would gather to remember the week when he died. icon that won't go away, it seems.

thank you very much, indeed. that is it with business. we are taking a short break. we will be back with the latest international headlines after this.

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08/13/15 08/13/15 [captioning made possible by democracy now!] nermeen: from pacifica, this is democracy now! >> the government headed by netanyahu not only is disinterested in pursuing a two state solution, but, indeed, sees as its primary mission and goal is to prevent a two state agreement. nermeen: is it time to give up on israeli prime minister benjamin netanyahu and go to the united nations?