Economy Aug 24

Watch 9:18
Why China sent the global markets spiraling

A stunning sell-off in China rippled across Europe and triggered a frenzy on Wall Street. At the closing bell, American traders cheered, glad that the day was over. Judy Woodruff discusses the recent global market volatility with David Lampton of…

Leaders and central bank officers from more than 20 developed and emerging economies will gather this weekend in Washington to strategize on fixing major financial markets and assess the state of the global economic crisis.