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TRT World - World in Two Minutes, 2015, August 25, 15:00 GMT

   
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WALL OF REFUGEES Hungary has partially completed the construction of a barbed wire fence along its border with Serbia. It wants to prevent refugees from crossing into the European Union. The government has asked the EU for more funds to deal with the crisis. About 2,000 asylum seekers have passed through Macedonia into Serbia to get to Hungary. Hungary has registered 100 thousand refugees so far this year that’s more than double the number for all of last year. MARKETS MIXED AFTER 'BLACK MONDAY' Worldwide stock markets surged today after China’s central bank cut interest rates. China’s benchmark index, the Shanghai Composite, fell another 4 percent on Tuesday after it dropped 8.4 percent the day before. Earlier in the day, most exchanges in the Asian-Pacific were volatile after they fell to three-year lows on Monday. Many dropped sharply at the open, but recovered in later trading. Market traders became concerned two weeks ago, when China devalued its currency, the yuan. SNAP ELECTIONS ON THE WAY President Recep Tayyip Erdogan has officially asked Prime Minister Ahmet Davutoglu to form an interim government. Erdogan earlier announced snap elections for November 1st, and Turkey’s Supreme Board of Election confirmed the date Tuesday afternoon. A vote was last held on June 7. But the ruling AK Party failed to secure enough seats to form a single-party government for the first time in 13 years. And a 45-day deadline to form a coalition government has now passed.22 #MAKEARHINO CAMPAIGN Officials at the Ol Pejeta Conservancy say they want to collect 800 thousand dollars worth of donations online to develop in-vitro fertilisation techniques to save the northern white rhino. There are only four white rhinos left in the world and are considered extinct in the wild. Three of them live in an animal sanctuary in Kenya where they’re protected by armed guards. Conservationists say that the ‘hashtag make a rhino’ campaign is needed to fund the research to develop embryos and save the species. Facebook: https://

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