Japan's stock market has now closed after a pretty nervy session, but one where we didn't see a full-blown panic. The Nikkei ended 2.18% lower at 9,097.56, down 202.32 points, having been as low as 9,057.29 at one stage. "The three main concerns are S&P's downgrade of the U.S. debt rating, the ongoing European debt problems and inflation worries in China," Masanaga Kono, chief strategist at Amundi Japan, told Reuters. Most Asian markets are still trading, and they are all suffering losses. China's Shanghai Composite is down by over 4%. We'll do a full round-up of the Asian markets once they've closed - they've already helped to set the mood in Europe....
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By Josie Ensor, Andrew Hough and Raf Sanchez
6:30AM BST 08 Aug 2011
Up to 200 youths went on the rampage in Enfield, north London, smashing windows on the high street, setting fire to cars and looting stores at a nearby retail park.
Riot police were called to the town centre, part of a usually quiet commuter suburb, at around 6:30pm after hooded youths, including dozens of teenage girls, attacked police cars. Bricks and slabs of concrete were thrown at buildings.
Running battles between the youths and police continued through the evening, as bricks were hurled at police vans attempting to lock down the area.
Stella Creasy MP for nearby Walthamstow called for people to steer clear of the town centre, fearing the looting would spread, while sources confirmed a group of masked youths were throwing stones at vehicles and at Westfield Shopping Centre in White City, west London before moving on to the BBC television centre.
In Edmonton there were reports of a stabbing outside a working men’s club while in south London, police in Brixton came under a missile attack after they tried to stop an altercation between youths as tension remained high following Saturday’s riots. Stones and bottles were also thrown at officers in separate attacks.
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