ABC NewsMail - Morning Edition

Good morning. Here's what you need to know: In overnight trading, mining company Glencore clawed back some of yesterday's massive losses. The company insists it can survive the current market volatility, but today's trade will be closely watched after $56 billion evaporated on Tuesday. So how bad is this plunge? Analyst Marcus Padley told the ABC it appears we're seeing the start of a global resources crisis and a "resources wreck". However Treasurer Scott Morrison says Australia's "swimming against the tide incredibly well". At the UN, Barack Obama told a counter-terrorism summit that defeating Islamic State would require a new leader in Syria. Julie Bishop told the summit Islamic State had been "blunted" in the last 12 months. Ms Bishop told the meeting the campaign against IS was going well. She announced separately Australia would seek a seat on the UN's Human Rights Council and push for an end to the death penalty. NSA whistleblower Edward Snowden has joined Twitter. He opened with jokes about border controls on Mars and cat pictures. Here's what's coming up: 09.00am AEST: Christopher Pyne delivers his first major speech in his new portfolio 10.00am AEST: Trade resumes on the Australian Stock Exchange 10.00am AEST: Ex-Hey Dad! star Robert Hughes appeals against his conviction on child sex charges 11.30am AEST (09.30am AWST): The West Coast Eagles' fan bus leaves for Melbourne ahead of Saturday's AFL grand final 12.30pm AEST: Greens leader Richard di Natale address to the National Press Club. 04.00am AEST Thursday: The Palestinian flag is due to be raised at the UN for the first time. Top Stories Global markets follow Australian plunge, hit multi-year lows Global stocks fall to their lowest level in more than two years compounding a day of massive losses on the Australian share market. Australia seeks seat on United Nations Security Council Foreign Minister Julie Bishop announces Australia will be a candidate for a non-permanent 2029-30 seat with the United Nations Security Council. Uber legally able to enter Canberra market from late October Uber and other ride-sharing services will be legally able to enter the Canberra market from October 30 after reforms to ACT legislation. Qld Government to backflip on election pledge to scrap 'shameful' water laws The Queensland Labor Government is set to backtrack on an election pledge by keeping controversial water reforms designed to help big mining operations. Twins charged over murder of NSW teacher Stephanie Scott to face court Twin brothers Vincent and Marcus Stanford are expected to face court today in the NSW Riverina region charged in connection to the alleged murder of Leeton High School teacher Stephanie Scott. Italian man shot dead in first attack claimed by Islamic State in Bangladesh Militant group Islamic State claims responsibility for the shooting death of an Italian aid worker in the Bangladeshi capital, Dhaka, as Western governments reissue travel warnings for the region. Paul Walker's daughter sues Porsche over fatal 2013 crash The daughter of late actor Paul Walker, who died in the fiery crash of a Porsche sports car in California two years ago, files a wrongful death lawsuit against the German car company. Hodges cleared to lead Broncos in NRL grand final Justin Hodges will captain Brisbane in the NRL grand final against North Queensland after being cleared of a dangerous throw charge by the judiciary on Tuesday night. Engineer talks about uncovering Volkswagen's major corporate scam The engineer who led the small research team that discovered Volkswagen was cheating emissions tests says he never expected to stumble across the scandal. Chinese ambassador warns against letting FTA 'slip away' The Federal Opposition says it still has concerns about the China Free Trade Agreement, as the Chinese ambassador warns against letting the deal "slip away". Afghan forces fight to retake Kunduz from Taliban Afghan forces launch a major operation to take back Kunduz, a day after Taliban insurgents stormed the strategic northern city and freed hundreds of prisoners. Indonesian crew fighting fires nears 21,000 as haze crisis continues Indonesia sends nearly 21,000 personnel to fight fires on its northern islands that have spread haze to neighbouring Singapore and Malaysia, the disaster management agency says. Electric fences, sonar among shark deterrent ideas floated at summit Fencing off Australia's beaches from sharks with electric cables is one idea discussed at a summit in Sydney where experts try to develop ways to repel the predators and prevent attacks. Analysis and Opinion: The Drum Finding water on Mars is huge for our search for life beyond Earth By Alan Duffy Was the UN Special Rapporteur right to cancel his visit? By Catherine Renshaw G'day China: How Malcolm Turnbull can navigate the Sino-US relationship By Adam Lockyer and Michael D Cohen Turnbull needs his Treasurer firing, not failing By Mungo MacCallum Just In Australia seeks seat on United Nations Security Council September 30, 2015 - 7:12 am Police pursuit ends with car crashing into fence September 30, 2015 - 7:07 am Qld Government to backflip on election pledge to scrap 'shameful' water laws September 30, 2015 - 7:05 am World • Obama, Castro shake hands at UN as two countries work toward thaw • Ukrainian leader tells UN not to trust Russia • Volkswagen to refit up to 11 million cars affected by emissions scandal Business • Global markets follow Australian plunge, hit multi-year lows • Glencore could be the resource sector's Lehman Brothers • Recession risk doth not a recession forecast make Politics • Obama, Castro shake hands at UN as two countries work toward thaw • Chinese ambassador warns against letting FTA 'slip away' • Indonesian crew fighting fires nears 21,000 as haze crisis continues Sport • Hodges cleared to lead Broncos in NRL grand final • Hodge, Gunston fail to train but Hawks not worried ahead of grand final • Wallabies' Skelton, Palu ruled out of Rugby World Cup Science and Tech • Shark culling may be contributing to climate change • How close are we to finding actual water on Mars? • Shell halts controversial search for Alaskan oil Environment • Qld Government to backflip on election pledge to scrap 'shameful' water laws • Greens leader Di Natale calls for mine rehab audit • Australia leads world in household solar panel installations Follow ABC News About this email You received this email because you are subscribed to ABC News email alerts. 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