Beijing calls for calm after historic tech stock rout
CNN
Chinese state media is urging investors to stay calm following a brutal stock market sell-off this week that has wiped out hundreds of billions of dollars in value.
Chinese state-run newspaper Securities Times published a commentary Wednesday acknowledging the "changes in policy for certain industries" after a market rout on Monday and Tuesday that came as investors reacted to Beijing's widening crackdown on private enterprise. "Investors should have confidence in the market," it wrote. "A short-term shock does not change the nature of the long-term positive trend ... China's economy and markets are at an advantage in terms of its width and depth."
Authorities in Colombia are dealing with increasingly sophisticated criminals, who use advanced tech to produce and conceal the drugs they hope to export around the world. But police and the military are fighting back, using AI to flag suspicious passengers, cargo and mail - alongside more conventional air and sea patrols. CNN’s Isa Soares gets an inside look at Bogotá’s war on drugs.
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