my dad was displayed broken into he was like you know i can't believe this happened to was gloria nikken or suffered a series of strokes and heart attacks and earlier this year may nardo nikken or was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken always have saved some money and are now in the process of buying a modest house nearby a step toward security after a decade of pain. joining us now from canberra australia is tim ribbon tim is the principal economist with the housing industry association there tim good to have you with us on counting the cost so ten years this week since the collapse of lehman brothers triggered of course by the us subprime mortgage crisis in the ten years since we've managed to save wall street what's been done to save the housing market though is there still such a thing as subprime is it any easier now or harder to get a mortgage if you are a low income could it all happen again. i think it's very unlocked that it could happen again but certainly the the global financi

just before the crash life was good for betty nikken or her parents and her kids they'd recently bought a brand new house our house was just huge it was a really big house that had five bedrooms four bathrooms all of that it just seemed so perfect but the dream house proved to be a cruel illusion a salesman had convinced her father may nardo to sign an adjustable rate mortgage on a property worth seven hundred fifty thousand dollars but the family's income was only sixty thousand dollars a year in two thousand and eight and two thousand and nine the area's housing prices plummeted like they did nationwide and their home payments rose higher and higher unable to make the monthly payments they reached out to their bank and we tried to refinance they wouldn't help us three weeks later menard zero lost his job and the dream house was sold what with the home worth by then three thirty you bought it at seventy seventy thousand dollars yes and it was worth less than yes yes the family wound up nearly broke with their credit ruined. for three years i don't think this area of california riversid

my dad was displayed broken into he was like you know i can't believe this happened to was gloria nikken or suffered a series of strokes and heart attacks and earlier this year may nardo nikken or was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken always have saved some money and are now in the process of buying a modest house nearby a step toward security after a decade of pain. joining us now from canberra australia is tim ribbon tim is the principal economist with the housing industry association there tim good to have you with us on counting the cost so ten years this week since the collapse of lehman brothers triggered of course by the us subprime mortgage crisis in the ten years since we've managed to save wall street what's been done to save the housing market though is there still such a thing as subprime is it any easier now or harder to get a mortgage if you are a low income could it all happen again. i think it's very unlocked that it could happen again but certainly the the global financi

you know my dad was broken into he was like you know i can't believe this happened it was gloria nikken or suffered a series of strokes and heart attacks and earlier this year may nardo nick and nora was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken norse have saved some money and are now in the process of buying a modest house nearby a step toward security after a decade of pain robert oulds al-jazeera parents california. marking the actual day of the anniversary with more analysis of the ongoing author facts. i'm lawrence leigh ten years of the financial crash the german economy continues to go from strength to strength but what cost to other european countries. still ahead this news saudi members of an aid organization are arrested and charged in greece accused of smuggling refugees into europe. and sports croatia and to find a way past the usa in tennis is a davis cup. without that action and. business updates brought to you by qatar airways going places together. business updates brought to yo

my dad was just like broken into he was like you know i can't believe this happened to was gloria nikken or suffered a series of strokes and heart attacks and earlier this year may nardo and nick and nora was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken orse have saved some money and are now in the process of buying a modest house nearby a step toward security after a decade of pain robert oulds al-jazeera paris california. now than ever new depi and it's being made for hundreds of millions of people who live on less than two dollars a day the a.b.c.'s development institute says drastic changes need to be made in all in order to eliminate extreme poverty well bank defines extreme poverty is living on less than one dollar ninety cents per person per day eight hundred million people survive on that now and that number's expects to buy twenty thirty but the london based think tank says extreme poverty will persist without increased investment in health education and social protection. it's calling for

my dad was displayed broken into he was like you know i can't believe this happened to was gloria nikken or suffered a series of strokes and heart attacks and earlier this year may nardone can or was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken always have saved some money and are now in the process of buying a modest house nearby a step toward security after a decade of pain. joining us now from canberra australia is tim ribbon tim is the principal economist with the housing industry association there tim good to have you with us on counting the cost so ten years this week since the collapse of lehman brothers triggered of course by the us subprime mortgage crisis in the ten years since we've managed to save wall street what's been done to save the housing market though is there still such a thing as subprime is it any easier now or harder to get a mortgage if you are a low income could it'll happen again. i think it's very unlocked that it could happen again but certainly the the global financial

know it took years to get out of that and i was there and i still did say that was the limit the nikken orse struggled to get back on their feet my mom was the one who took it the hardest she went into depression you know my dad was displayed broken into he was like you know i can't believe this happened to was gloria nikken or suffered a series of strokes and heart attacks and earlier this year may nardo and nick and nora was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken ors have saved some money and are now in the process of buying a modest house nearby a step toward security after a decade of pain robert oulds al-jazeera parents california. this sounds as if these are the top stories let's take you straight life to wilmington in north carolina because what you're looking at right now as florence begins the process of making landfall starting to batter down on the east coast of the united states three states affected north carolina south carolina and a little bit the upper edge the leading edge o

my dad was just like broken into he was like you know i can't believe this happened to was gloria nikken or suffered a series of strokes and heart attacks and earlier this year may nardo and nick and nora was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken ors have saved some money and are now in the process of buying a modest house nearby a step toward security after a decade of pain robert oulds al-jazeera parents california. and we'll continue our coverage marking ten years since the global financial crisis on saturday when lawrence lee reports on how germany weather the financial storm. in a supermarket is a sign of the times in argentina food prices are soaring along with one of the world's highest inflation rates unemployment is rising ever higher the peso has lost half its value this year it's to raise about reports that it's combining to make life difficult for many on sometimes including indigenous communities. alexandra struggling to recover from her son's death last week she belongs to the

my dad was just like broken into he was like you know i can't believe this happened it was gloria nikkenr suffered a series of strokes and heart attacks and earlier this year may nardo and nick and nora was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken ors have saved some money and are now in the process of buying a modest house nearby a step toward security after a decade. robert oulds al-jazeera parents california. and we'll continue our coverage marking ten years since the global financial crisis on saturday when on slieve reports on how germany weathered the financial storm. in mexico city thousands of students from its largest university have been protesting to demand an end to campus violence this month two students from the autonomous university of mexico was seriously injured in an attack and in april three students from western mexico what killed and their bodies dissolved in acid protesters say the attacks on students are a symptom of the surge in violence across mexico. and in the new car

this happened to was gloria nikken or suffered a series of strokes and heart attacks and earlier this year may not only can or was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken ors have saved some money and are now in the process of buying a modest house nearby a step toward security after a decade of pain robert oulds al-jazeera parents california. and we'll continue our coverage marking ten years since the global financial crisis on saturday when lawrence lee reports on how germany weather the financial storm and armed robbery in a supermarket is a sign of the times in argentina food prices are soaring along with one of the world's highest inflation rates unemployment is rising ever higher the peso has lost half its value this year stories about reports that it's combining to make life difficult for many odds and times including indigenous communities. struggling to recover from her son's death last week she belongs to the indigenous community in chuckle one of argentina's poorest provinces. he

my dad was displayed broken into he was like you know i can't believe this happened to was gloria nikken or suffered a series of strokes and heart attacks and earlier this year maynard old nick and nora was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken ors have saved some money and are now in the process of buying a modest house nearby a step toward security after a decade of pain robert oulds al-jazeera parents california. hasn't seen the let's get a recap now of the headlines the us president's former campaign manager pled guilty to two criminal charges as part of a deal with special counsel robert mueller. has agreed to cooperate with his investigation into russian meddling in the twenty sixteen u.s. presidential election kevin downing paul manifolds lawyer gave a statement. that said. one of. his family was able to remain safe and live a good life is accepting responsibility and this is for conduct that dates back many years and everybody should remember that so thank you everyone. at least five

took years to get out of it and i was there and i was still there to say that we're still in the nikken orse struggle to get back on their feet my mom was the one who took it the hardest she went into depression you know my dad was just like broken into he was like you know i can't believe this happened it was gloria nikken or suffered a series of strokes and heart attacks and earlier this year may nardone can or was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken ors have saved some money and are now in the process of buying a modest house nearby a step toward security after a decade of pain robert oulds al-jazeera parents california. and we'll continue our coverage marking ten years since the global financial crisis on saturday and lawrence the reports on how germany weather the financial storm the world's richest man he was giving away two billion dollars to start a charity fund jeff bezos is funding and that's work of free schools and helping homeless families the boss of american retail giant am

my dad was just like broken into he was like you know i can't believe this happened to was gloria nikken or suffered a series of strokes and heart attacks and earlier this year may nardo nick and nora was diagnosed with colon cancer he had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken or save save some money and are now in the process of buying a modest house nearby a step toward security after a decade pain robert oulds al-jazeera parish california. is that it is an edition of people in power here for years after the crisis began focusing on those responsible because so many suffered but no one was held accountable for what was the deepest recession since the great depression that'll start rolling in any second now prosecuting wall street there it goes it's from people in power it's in the documentary section at al-jazeera dot com and some are saturday we have broadening things out beyond the united states to europe i'm lawrence lee in berlin where ten years alter the financial crash the german economy continues to go from strength to

know it took years to get out of that and i was there and i still did say that we're still in the nikken orse struggle to get back on their feet my mom was the one who took it the hardest she went into depression you know my dad was just broken into he was like you know i can't believe this happened it was gloria nikken or suffered a series of strokes and heart attacks and earlier this year may nardo nick and nora was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nikken or so of saved some money and are now in the process of buying a modest house nearby a step toward security after a decade again robert oulds al-jazeera parents california and we'll continue our coverage marking ten years since the global financial financial crisis began on saturday on lawrence lee in ten years all of the financial crash the german economy continues to go from strength to strength but what cost to other european countries of course right now argentina is in the grip of a fresh economic crisis with soaring prices and inflati

my dad was just like broken into he was like you know i can't believe this happened to was gloria nikken or suffered a series of strokes and heart attacks and earlier this year may nardo nick and nora was diagnosed with colon cancer he's had surgery and has to wear a portable chemotherapy pump but he continues to work every day the nick ignores have saved some money and are now in the process of buying a modest house nearby a step toward security after a decade pain robert oulds al-jazeera parents california. in washington the congressional black caucus is holding its annual conference it's made up of african-american members of congress trying to ensure that marginalized communities can achieve the american dream but critics have long accused the group of wanting to be part of the establishment instead of challenging it she had written and this report. massachusetts made history last week iowa presently a ten term congressman by almost twenty points despite being outspent she will now almost certainly be the state's first african-american member of the house of representatives and as wi

and taking sides over taking the knee sports giant nike puts american football player collin capper nikken at the center of its new ad campaign and ignites a new controversy. playing . little rock thank you so. much for your company everyone. we started our broadcast with what some are calling the final showdown in syria where millions of lives are at risk while today the united nations is calling on military powers involved in syria to avert a humanitarian catastrophe and it lit the u.s. envoy to syria staffan de mistura has said ongoing talks between russia and turkey hold the key to resolving the fate of its live it's the last major rebel held region in syria the area saw several airstrikes today that rebels and an independent monitor said were russian russia and syria are said to be considering a deadline next week to launch attacks on the enclave meanwhile u.s. president donald trump appealed to the syrian president to avoid hundreds of thousands of civilian casualties and it led. and he did when you spoke to mark lowe cockhead of the u.n. office for the quarter nation of humanitarian