Around the World in 60 Seconds: Today's top stories


Here’s a brief look at some of the top news stories around the world for Aug. 24, 2015.

Roller coaster day on Wall Street

In an unprecedented drop Monday morning, the stock market plummeted nearly 1,100 points amid financial jitters over the strength of the Chinese economy. The market rallied somewhat later in the day, however. The drop came a couple weeks after China devalued the yuan.

[Read more from NBC News]

With new deal, all quite on Korean DMZ

Just days after trading artillery fire with one another, North and South Korea have reached a deal to ease hostilities along their shared border. Under the agreement, the North will apologize for its military buildup, and the South will cease blasting "propaganda" across the DMZ with loudspeakers.

[Read more from CNN]

Family members, victims testify at theater shooter's sentencing hearing

In testimony that began Monday, family members of those killed in the 2012 Colorado theater shooting shared their statements with the court, calling convicted gunman James Holmes things like "monster" as they spoke of how his crime impacted their lives. The formal sentencing hearing, which will ultimately see the 27-year-old sentenced to life in prison, will last three days.

[Read more from Reuters]

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