Israeli Stock Index Tumbles Most Since 2008

srael’s benchmark stock index plunged the most in almost 11 years after Standard & Poor’s lowered the U.S. credit rating and amid concern the widening sovereign debt crisis in Europe will stall global growth.
Israel Discount Bank Ltd. (DSCT), the country’s third-largest lender, skidded 10 percent. Nice Systems Ltd. (NICE) slumped the most since November 2008. All 25 shares in the TA-25 Index tumbled, pushing the gauge down 7 percent, the biggest decline since October 2000, to 1,074.27 at the 4:30 p.m. close in Tel Aviv. The index is near the so-called bear-market territory after retreating 19.9 percent from a record high of 1,341.89 on April 21.   - Bloomberg

Black man shot by London police ignites historic mass protest for justice

Man shot dead by police in north London during attempted arrest

The dead man's girlfriend, Semone Wilson, 29, said she had received a text message from him shortly before the shooting. "At about 6pm he sent out a message on his BlackBerry saying 'The Feds are following me', and that's it. That's the last time anyone heard from him."
As the IPCC appealed for witnesses, conflicting accounts of the shooting emerged. One man told the London Evening Standard he had seen officers shoot a man on the ground. But others said a shot was fired from the cab before police returned fire.
The scene was visited by David Lammy, the MP for the area, who said: "I am shocked and deeply worried by this news. There is now a mood of anxiety in the local community but everyone must remain calm. It is encouraging that the Independent Police Complaints Commission has immediately taken over the investigation. There is a need to clarify the facts and to move quickly to allay fears."  | The Guardian

Also read:

• Sad truth behind London riot

As political and social protests grip the Middle East, are growing in Europe and a riot exploded in North London this weekend, here's a sad truth, expressed by a Londoner when asked by a television reporter: Is rioting the correct way to express your discontent?

"Yes," said the young man. "You wouldn't be talking to me now if we didn't riot, would you?"

The TV reporter from Britain's ITV had no response. So the young man pressed his advantage. "Two months ago we marched to Scotland Yard, more than 2,000 of us, all blacks, and it was peaceful and calm and you know what? Not a word in the press. Last night a bit of rioting and looting and look around you."

• BBC News - London riots: Timeline of violence
• BBC News - In pictures: London riot aftermath
• London rioters labelled 'criminal minority' - World - CBC News

"The death of Mr. Duggan is extremely regrettable and will be the subject of an independent investigation by the IPCC (Independent Police Complaints Commission)," (Cmdr. Adrian) Hanstock said Sunday.

"It is absolutely tragic that someone has died, but that does not give a criminal minority the right to destroy businesses and people livelihoods and steal from their local community," he said.

• Fears of more violence after worst London riots for years

Other video:

• Violence on the streets of Tottenham - video | UK news | guardian.co.uk
• Tottenham riots aftermath - video | UK news | guardian.co.uk