The new regulations have faced widespread opposition, even though the United States has the highest rate of gun violence among any developed country in the world. A series of mass shootings has punctuated Obama's time in office, and after he failed to convince Congress to toughen up gun laws, the president said he wanted to have a national debate about guns in his final year in office.
Wall Street futures point to a near one per cent bounce on the S&P 500 and Dow Jones Industrial after what been their worst-ever start to a year. Meanwhile, the major European markets all moved to the downside on the day. The catalyst for this week's market turmoil has been China's plunging stock market and weakening currency . With risk appetite severely hurt, investors are flocking to low-risk assets such as bonds, gold and traditional safe-haven currencies .
And so I think part of it we have to recognize that we can not outlaw murder because the people who are murdering, right, are - they're breaking the law but they also don't have a moral code that we have. "You know what a gun-free zone is to a sicko?" "Frustrated by the will of the American people and Congress to enact his anti-gun agenda, President Obama is usurping the power of the people and using executive actions to restrict your Second Amendment rights".
Sheikh Nimr al-Nimr was among 47 people charged with terror offences and killed, mostly by beheading, across the Saudi kingdom on 2 January. "We can not have a country that attacks and burns embassies whether those embassies are British or American or Saudi", Al-Jubeir said.
In addition, major shareholders must file their plans 15 trading days in advance of sales. On July 8 in the midst of a major equity market meltdown, Beijing said company shareholders with more than 5% stake can't sell for 6 months. "The government has confirmed that it will continue to intervene as and when needed". China is looking increasingly reactionary and the markets don't like to see someone making it up as they go along.
Brent, the global oil benchmark, settled down $US1.33 ($1.82), or 3.5 per cent, at $US36.46 a barrel. US gasoline futures slid more than 2 percent as the selloff extended to refined oil products. The price of gas at the pump is expected to drop to $2.36 a gallon in 2016 from a high of $3.36 in 2014. "There is a long way to go before global supply and demand rebalancing occurs", Angus Nicholson, a market analyst at IG in Melbourne, said by phone.