Protecting and Honoring Victims

This week we look at human frailty with some fighting for law and order and others abusing it while disasters show no discrimination.

Law & Order

We begin in Hong Kong where tens of thousands marched at a pro-democracy rally marking the 18th anniversary of Britain handing the territory back to China but while some marched remembering their freedoms others were attacked in Turkey when police fired water cannons, rubber pellets and tear gas to disperse people at a gay pride event in Istanbul.

On the other side of the law this week saw an end to the New York prisoner escape when Richard Matt was shot and killed while the second fugitive David Sweat was shot and taken into custody. Australia saw one of it's largest prisons descend into chaos when a smoking bad was introduced causing prisoners to riot and finally we have a mother who admitted to killing her two children and leaving their bodies in her freezer.

Disasters

The week saw multiple disasters strike across the globe, we begin with an explosion in Taiwan at a water park which has claimed two lives and an explosion at a chemical plant in South Korea which killed 6 workers. In Indonesia a military aircraft crash claimed a staggering 144 lives while an army train accident in Pakistan saw 17 people die followed by 38 people dying when a Philippine ferry capsized.

We end the week with closure on some previous disasters with a report on the TransAsia crash claiming human error when the pilot pulled the wrong throttle shutting down the sole working engine causing the crash.

Money, who's in control?

Money kept it's momentum even with government interventions, policies and preventative measures.

The people in charge

Russia's actions over Crimea have landed it in hot water with the international community who have only one hand to play... sanctions. According to the US State Department Russia was hit with "Real Economic Pain" over it's handling of Crimea. The SEC (Securities and Exchange Commission) contacted investments firms with exposure to Russia to make sure they were properly managing risk. Initial sanctions were met with defiance with some under sanction threatening to take their business elsewhere.

The Federal Reserves chairman, Janet Yellen, hinted at raising rates shaking markets around the world.

The Justice Department reached a $1 billion settlement with Toyota over it's response to consumer concerns.

Taiwan students took over Taiwan's legislature over a trade deal with China which they fear gives mainland too much influence.

Retail Therapy

Chinese e-commerce giant, Alibaba, has confirmed it will list in the United States aiming to rise $10billion.

Labelux, the owners of Jimmy Choo, said it may float the business for £1billion but is still in talks with investments banks.

An investigation into the recent suicide of fashion designer L'Wren Scott reveals her company was in debt of $6.5million.

Currencies

Mt.Gox managed to find 200,000 bitcoins valued at $116million in an old format digital wallet.

Bitcoin's have been used to purchase a $500,000 Villa in Bali in what is considered the largest Bitcoin purchase ever.

A new £1 coin was introduced to prevent counterfeiting and is set to be introduced in 2017.

General

Unskilled and destitute workers have become hiring targets for the decommissioning of the Fukushima nuclear plant as finding skilled labour becomes more difficult.

BP bids $41.6 million to return to drilling in the gulf after it's disastrous Deepwater Horizon oil spill in 2010.