How Will the Developing World Experience Black Monday?

If China sneezes, will the rest of the developing world catch a cold? “The global market rout may also represent a definitive end to the period of rip-roaring emerging-market growth that began around 2000. Tumbling emerging-market indexes and currencies, from Brazil to Turkey and Kazakhstan, are further evidence, if more was needed, that the cocktail of Chinese growth, low interest rates and soaring commodity prices that powered emerging-market growth has been yanked away, leaving the developing world to face the hangover. That hangover may not take the form of a broad financial crisis. A protracted slowdown, however, would be plenty painful enough, especially if weak growth leads to political instability.” (Economist http://econ.st/1hDulC4)

Attn: Wealthy high carbon emitting nations…”India’s environment minister said on Monday that the rich world could not wish away its responsibility for man-made global warming, as he urged developed nations to do more to help his country deal with the impact of climate change. (Reuters http://yhoo.it/1V5bq0U)

Worrisome Climate Change Study of the Day: The Center for Global Development released a working paper today showing that tropical forests – whose preservation is thought to be one of the quickest, most affordable way to mitigate climate change – will disappear faster than we thought.  (CGD http://bit.ly/1hDu9Tl)

Let the Countdown to Ebola Free Sierra Leone Begin! Health authorities in Sierra Leone released the country’s last known Ebola patient from the hospital on Monday, a milestone that allows the nation to begin a 42-day countdown to being declared free of the virus that has killed nearly 4,000 people here. (AP http://yhoo.it/1V5bu0C)

Africa

U.N. Secretary-General Ban ki-Moon pledged support on Monday for Nigeria’s efforts to counter Boko Haram and tackle the causes of militancy in the country’s northeast, where he described humanitarian conditions as particularly worrying. (Reuters http://yhoo.it/1MP3eAC)

The number of Ethiopians who will need food aid by the end of this year has surged by more than 1.5 million from earlier estimates due to failed rains, United Nations agencies said on Monday. (Reuters http://bit.ly/1V5bAoZ)

Burundi security forces used iron bars and acid to force confessions and crush opposition during President Pierre Nkurunziza’s successful bid for a third term in office, Amnesty International said Monday. (AFP http://yhoo.it/1h9o5B2)

Guinea-Bissau’s new Prime Minister Baciro Dja on Monday sacked the chiefs of the state-owned radio and television services for “bias” in their reporting of a recent government shake-up. (AFP http://yhoo.it/1V59rJY)

MENA

The UN Security Council held its first ever meeting focusing on violence against LGBT community, with testimonies from two gay men marked for death by ISIS. (UN Dispatch http://bit.ly/1Eerbyp)

Organisers of protests over the failure of Lebanon’s government to clear rubbish from the streets of Beirut have postponed a rally planned for Monday. (BBC http://bbc.in/1EekAUE)

Almost 80,000 people had by Monday signed a petition urging the arrest of Israeli Prime Minister Benjamin Netanyahu for war crimes when he visits London next month. (AFP http://yhoo.it/1V59qGb)

Thousands of employees of the United Nations’ Palestinian refugee agency in the Gaza Strip are striking against cost-cutting measures the agency is imposing to overcome a financial crisis. (AP http://yhoo.it/1V5bttL)

Islamic State’s demolition of an renowned ancient Roman temple in the Syrian city of Palmyra is a war crime that targeted an historic symbol of the country’s diversity, the U.N. cultural agency UNESCO said on Monday. (Reuters http://yhoo.it/1V59rtv)

A strike by teachers and personnel in Gaza kept more than 200,000 children from returning to school for the new term Monday, as the UN agency that employs them struggles financially. (AFP http://yhoo.it/1V59sOi)

Asia

After 40-plus-hours of talks, North and South Korea on Tuesday pulled back from the brink with an accord that allows both sides to save face and avert the bloodshed they’ve been threatening each other with for weeks. (WaPo http://wapo.st/1hDuCow)

Sri Lanka’s police Monday arrested four army personnel, including two senior officers, in connection with the disappearance of a dissident cartoonist that triggered international condemnation of the island’s rights record. (AFP http://yhoo.it/1V59vcM)

Demonstrators armed with spears and axes killed eight police officers in western Nepal on Monday during escalating protests against a proposed new constitution, officials said. (AFP http://yhoo.it/1V5btty)

China is planning to close a loophole that allowed some men to get away with relatively light penalties after having sex with girls under age 14, state media said Monday, following public outrage over high-profile offenders including government officials and a school administrator. (AP http://yhoo.it/1MP4tjl)

Thai police chief says bomb blast probe hampered by broken CCTV cameras in central Bangkok. (AP http://yhoo.it/1Lw8HMu)

A confidential document from the U.N.’s atomic agency says the extra work related to monitoring Iran’s compliance with last month’s nuclear deal will cost about $10.5 million each year. (AP http://yhoo.it/1MP3boA)

Philippine army helicopters on Monday airlifted food, water and relief supplies to thousands of families who fled their homes during a typhoon as more bodies were pulled out from under landslides, disaster officials said. (Reuters http://yhoo.it/1h9o5kB)

The Americas

Colombia’s FARC guerrillas admitted Monday to killing a black community leader in the country’s southwest in early August, a crime they had strongly condemned. (AFP http://yhoo.it/1V59vJY)

Venezuelan security forces have deported hundreds of Colombians as part of a security offensive along the border that is ratcheting up tensions between the two neighbors. (AP http://yhoo.it/1Lw8Gbo)

President Otto Perez Molina has apologized to Guatemalans for a corruption scandal that has thrown the country into political crisis, but insists he will not resign his post and that his conscious is clear. (AP http://yhoo.it/1Lw8GrX)

Brazilian Vice President Michel Temer has decided to drop his role as day-to-day political coordinator for President Dilma Rousseff in Congress but is not leaving her government, a source in the administration said on Monday. (Reuters http://yhoo.it/1hWTOpU)

Brazil’s government announced on Monday it will slash the number of ministries and reduce its spending, in an effort to show commitment to austerity that could be politically costly for President Dilma Rousseff. (Reuters http://yhoo.it/1MP3dwB)

Ongoing construction to expand the Panama Canal has prompted safety concerns. (BBC http://bbc.in/1hWTUxO)

…and the rest

Young people from across the globe have called on world leaders to include their voices in discussions around peace and security and to refrain from merely framing them as perpetrators of violence. (Guardian http://bit.ly/1Js4UZN)

In a new human wave surging through the Balkans, thousands of exhausted migrants from the Middle East, Asia and Africa crossed on foot Monday from Macedonia into Serbia on their way to Western Europe. (AP http://yhoo.it/1EeiYtP)

Two buildings collapsed during heavy flooding on Monday in northeastern Turkey, killing eight people, a local governor said. (Reuters http://yhoo.it/1MP3bon)

Germany has initiated a move to stop the growing of genetically modified crops under new European Union rules, documents seen by Reuters showed on Monday. (Reuters http://yhoo.it/1MP39gg)

The doom and gloom predictions of increasing battles around the world over water are a myth, with only a handful of disagreements over shared waters leading to armed conflict, an expert said. (TRF http://yhoo.it/1h9o6VG)

Chancellor Angela Merkel condemned on Monday violent protests against refugees that erupted over the weekend in eastern Germany, blaming them on far-right extremists who were bent on spreading a “disgusting” message of hatred. (Reuters http://yhoo.it/1MP4t2X)

Opinion/Blogs

The critically acclaimed musician and producer Kenna fled Ethiopia as a child and risen to the heights of the music industry in the USA. Now, he wants to be the world’s first one-for-one artist. (Global Dispatches Podcast http://bit.ly/1Jv44Qk)

Cash-strapped governments may soon turn to Kickstarter to raise money (Guardian http://bit.ly/1hWW1BK)

A look at the latest developments in Europe’s migrant crisis (Yahoo http://yhoo.it/1JrYA4v)

After Nepal, is South Asia prepared for the Big One? (IRIN http://bit.ly/1JfuHp0)

The memory of reckless behaviour by UN staff still shakes me to the core (Guardian http://bit.ly/1hWTkjz)

Is Uber a Threat to Democracy? (Policy Innovations http://bit.ly/1hD4yd6)

How can we make 2015 a turning point for development? (WEF http://bit.ly/1MP7iRr)

Tropical forests equal to the size of India will be lost by 2050, unless we act (Devex http://bit.ly/1V5eABP)

Conflicting Philippine Identities and the Fight Against Corruption (Global Anticorruption Blog http://bit.ly/1Js6VVS)

Why Aren’t India’s Women Working? (NY Times http://nyti.ms/1Eeon49)

Which Country Is Best Prepared for the Zombie Apocalypse? (Foreign Policy http://atfp.co/1h9ulc8)
These industries in Africa will suffer the most in a Chinese slowdown (Quartz Africa http://bit.ly/1LweWQu)