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Search For Answers In MH370 Disappearance; Multiple Theories Linger About Missing Plane; California's Rocky Fire Threatens Thousands Of Homes; Manhunt Underway For Suspect In Memphis Cop Killing; Journalist Among Five Found Dead In Mexico; Teen Stabbed At Jerusalem Gay Pride Parade Dies; Jericho The Lion Confirmed Alive And Well; Migrants Step Up Attempts To Cross Eurotunnel; Greek Stock Market Reopens After More Than A Month; Puerto Rico Defaults On $58 Million Debt Payment; Jon Stewart's Final "Daily Show" Airs Thursday. Aired 3-4a ET

Aired August 02, 2015 - 03:00   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

ERROL BARNETT, CNN ANCHOR: The search expands. Malaysia asks other nations to be on the look for other debris that could be related to MH Flight 370.

And thousands have evacuated as wildfires spread in California. Firefighters there are struggling to contain it.

Also coming up this hour, the Athens stock exchange is set to open for the first time after more than a month of being closed. Traders predict that stocks could plunge.

Hello and welcome to our viewers in the U.S. and all around the world. I'm Errol Barnett with you for the next hour on this edition of CNN NEWSROOM.

Now we begin with new information into CNN. The islands of Mauritius and the Seychelles are now patrolling the Indian Ocean for debris from Malaysia Airlines Flight 370.

Malaysia asked the nations and territories around Reunion Island to watch for wreckage after a piece of an airplane wing called a flaperon was found last week on Reunion Island.

Now teams scouring the beaches on Reunion Island have found several other objects. Everyone really trying to help, but so far nothing has been linked definitively to the aircraft like the flaperon has been.

Malaysian officials say the wing piece is definitely from a Boeing 777, the same type of plane used by MH370. Now investigators will begin analyzing that piece of debris on Wednesday in France. Boeing and the U.S. National Transportation Safety Board will assist.

David Molko is following all those twists and turns, and joins us live from Hong Kong to discuss the latest information. David, just update us on these additional nations now looking out for debris in the Indian Ocean.

DAVID MOLKO, CNN CORRESPONDENT: Errol, that's right. What we are seeing potentially is the beginnings of a second search zone. You mentioned the island of Mauritius that is fairly close to Reunion Island. But the Seychelles now weighing in too, it's about 1,000 miles north, saying, they are on the lookout for any sign of potential plane debris.

The question is now that the Malaysians have asked for help, will this become more of a concerted search effort potentially along the coast of Southeast Africa, Tanzania, Mozambique, South Africa, along the shores of Madagascar.

Keep in mind, though, these are very long coastlines, some of them very remote and uninhabited. There is potential that things could have washed up there already.

Errol, we have to mention too, this second search that is a surface search. The underwater search continues off the coast of Australia. That has been going on. The deep sea search has been going on there since October.

There is a ship out as we speak scouring the floor of the Southern Indian Ocean looking for any sign of the plane. Right now, the flaperon is the only thing they have to go on.

One of the big questions that will come out of this, even if it is identified, will it have any bearing on getting us any closer to finding the plane and the passengers -- Errol.

BARNETT: We are seeing some images of that flaperon when it was discovered in Reunion Island. It is now in France. It arrived over the weekend, but it won't be properly analyzed until Wednesday. Why the delay there?

MOLKO: Well, Errol, I think that's what at least authorities are saying publicly that they won't examine it until Wednesday. And the important to keep in mind here is there are so many international parties involved.

This is part of a criminal investigation not only in France and internationally, that they want to be careful. They want to do this by the book, get everybody there, and be able to talk about how this investigation is going to proceed.

Errol, there is no margin for error here. This is the only thing these investigators have to work with. They have to get it right. You know, speed, not so important as accuracy.

Now once they are at the lab and begin to examine it, they are looking again for any link that can tie it back to MH370 and potentially signs of damage that could explain how this piece became separated from the rest of the wreckage.

Again, no word on how long it might take for them to identify it. But what we have heard from the 239 families of the passengers and crew on board is 99 percent is not good enough. They want it to be 100 percent right. BARNETT: They certainly have their fingers crossed. We will all have to wait and see what new developments this week will bring. David Molko live for us in Hong Kong.

And it is now almost a year and a half later, and theories about what happened to MH370, they still linger. Was it a malfunction? Did someone take the flight down? Sara Sidner explores those possibilities.

(BEGIN VIDEOTAPE)

[03:05:02] SARA SIDNER, CNN CORRESPONDENT (voice-over): Good night Malaysian 370, the last words anyone would ever hear from the ill- fated flight, causing unimaginable grief, and unleashing theories from the technical to the sinister, among them, the pilot crashed the plane on purpose.

Investigators looked into whether suicide could have been a reason. Ultimately the International Independent Investigation Committee said it found no indications that would cast suspicion on him or the crew, terrorism.

Did someone commandeer or hijack the plane to crash it? Experts are divided on this issue, but hijackers usually have clear demands that never materialize and no terrorist group claimed responsibility, which led investigators to believe those options are not viable.

The plane landed somewhere. As the months ticked by and no pieces of the plane were discovered some speculated whether it was possible the planed had landed. But no communications from the people on board or hijack demands made that seem less possible.

Mechanical failure, a theory that a catastrophic electrical or mechanical failure brought the aircraft down is still being considered, rapid decompression. The plane suddenly loses cabin pressure and the passengers and crew become unconscious.

The plane on autopilot flies until it runs out of fuel and crashes. But without more evidence, they are all just theories leaving grieving families in limbo wondering to those they lost. Sara Sidner, CNN, Los Angeles.

(END VIDEOTAPE)

BARNETT: Now more than 9,000 firefighters are battling some 21 wildfires across the state of California. So far 12,000 people have been forced to evacuate their homes. The rocky fire in the northern part of the state has swelled to 47,000 acres. That's more than 19,000 hectares.

It has destroyed dozens of structures and is of course now threatening thousands more. CNN's Stephanie Elam shows us why this fire is spreading so quickly.

(BEGIN VIDEO CLIP) STEPHANIE ELAM, CNN CORRESPONDENT: We're inside the evacuation area for the rocky fire. And as you can see right here above us, that is active fire where it has plenty of fuel that it can burn at this point and this is why we are seeing so many firefighters out here monitoring this line.

We are standing along Highway 16 -- California 16 and what they want to do is contain this fire so it doesn't jump across this road. A lot of backfires being built on the opposite side, but as you look at this active fire here you can see the wind is pushing it. And that's a big part of the problem with fires like this.

When there is this much wind and low humidity is it the perfect environment for a wildfire for one that is ballooning as quickly as this one has.

(END VIDEO CLIP)

BARNETT: Stephanie Elam there. And it seems as if the ongoing drought and low humidity have really created the perfect storm for the fires to spread in California. Our meteorologist, Derek Van Dam, joins us now from the International Weather Center with the breakdown on what's going on there -- Derek.

DEREK VAN DAM, AMS METEOROLOGIST: Perfect might not be the correct word. It's a bit too dubious for me. How about ideal weather conditions to spread the wildfires, Errol?

This is one of the 26 homes that was left in ruins after the rocky fire swept through a large part of the California wild brush area and you can just see chimneys actually being left over as the fire swept through the region.

We currently have upwards of 20 fires ongoing across California as we speak, but we continue to hone in on this rocky fire because this is the most significant fire taking place at this moment. I've been covering it all weekend.

It started last Wednesday, but it has grown almost exponentially in size. It started at 5,000 and went to 17,000 and now at 54,000 acres and here's why. You can see how mountainous this area is.

It's difficult for the 3,000 firefighters to access the location and the 250 fire engines trying to put out the flames of the spot fires that comprise the larger rocky fire that's ongoing, 54,000 acres burned, 5 percent containment, and 6,000 structures threatened.

And unfortunately the weather is not going to play along. We have sunny skies for the next three days. The winds still a concern. You think about all the valleys and gorges in between these mountains and all the interesting wind eddies that can be created allowing the fire to continue to spread.

And below me this is almost what the ground in California looks like as we speak and some of those in the most parched and arid locations. [03:10:04] In fact, 46 percent of the state of California are under an exceptional drought condition as we speak and in fact state of emergencies placed in some counties.

Now I want to show you a fascinating video from NASA. This is a six- month accumulated rainfall. Look at the fast difference between the eastern half of the United States and the western half of the U.S.

Remember the heavy rainfall we experienced in the Texas and Oklahoma panhandle that area received upwards of 70 inches of rainfall a few months ago. But look at the lack of the colors over the western half of the United States. We're missing out in that color in California.

That's because we have not received the rain or the much-needed snowfall or the snow pack in the Sierra Nevadas to help fill those reservoir. So it's fascinating stuff. I want to end off with one other video. This is new to CNN.

This is a twister captured on video in Adams County, Iowa. This appeared late night on Sunday. So just about six to 12 hours ago. And unfortunately, there were some barns damaged in this tornado. This is considered a rope tornado because of its particular shape.

There were no fatalities or injuries because it mainly swept through a very plain field part of Iowa. But nonetheless, Errol, beautiful when you look at it from a distance, but certainly not something you want to be in the way of.

BARNETT: And can I make a quick suggestion. If you are recording something, turn your phone and rotate it, so you have a landscape view. Do you agree? It's -- that's a tornado so I guess that works but in the future.

VAN DAM: Rather, go to shelter.

BARNETT: That is also good advice. Derek, thanks very much. We'll see you later.

Now in Myanmar, the U.N. says at least 47 have been killed following weeks of monsoon flooding. More than 150,000 others have been displaced as well, and unfortunately, those numbers are only expected to rise.

Supplies are also being brought in, but more heavy rain and strong winds are forecast for the next few days. It's unclear if any of the topics we've just discussed are connected to climate change.

But U.S. President Barack Obama is planning to unveil a major climate change proposal today. Now this plan will put tougher regulations on the U.S. electricity sector and its pollution levels. Mr. Obama released a message on social media ahead of the big announcement. Take a look.

(BEGIN VIDEO CLIP)

BARACK OBAMA, PRESIDENT OF THE UNITED STATES OF AMERICA: Climate change is not a problem for another generation. Not anymore. That's why on Monday, my administration will release the final version of America's clean power plan, the biggest, most important step we've ever taken to combat climate change.

Power plants are the single biggest source of the harmful pollution that contributes to climate change, but until now there have been no federal limits to the amount of that pollution those plants can dump into the air. Think about that.

(END VIDEO CLIP)

BARNETT: Now here are some more details on the plan. Existing power plants will have to cut carbon emissions by 32 percent from their 2005 levels by 2030 and have to use more solar and wind power, renewable resources, plus each state will be assigned a target for reducing carbon pollution from power plants.

Now a massive manhunt is under way right now after a police officer was shot and killed in Memphis, Tennessee. Officer Sean Bolton was shot multiple times during a routine traffic stop on Saturday night. He later died at the hospital.

Memphis police identified a 29-year-old, Jermaine Wilbourn, as the suspect and say he is considered armed and dangerous. Earlier, former FBI special agent, Jonathan Gilliam spoke to CNN and explains why traffic stops have become so dangerous.

(BEGIN VIDEOTAPE)

JONATHAN GILLIAM, FORMER FBI AGENT: The reality of a traffic stop is the act of a traffic stop is routine. Cops do this every single day. But along with that routine is the possibility of it going from zero to 100 and 100 is as bad as it can be.

And even in these situations like where we saw recently with the officer charged with murder in Ohio, these situations happen every day and they can go bad very, very quickly. And this is the reality of what law enforcement faces every day.

You know, law enforcement any time they stop anybody it is a 100 percent fluid situation. Cops are now facing two big issues here. A lot of people don't want to comply for law enforcement because they've lost respect for them or heard stories about police abuse.

So you know, any time an officer walks up there, he's having to make judgment calls. And we see this case where it can go back and the officer loses his life.

[03:15:01] But in all these other cases when the officers walk up and they have somebody who acts like they are shady. They're not wanting to tell the police officer and then give them their ID, officers are having to think their ways through that.

And this is something that law enforcement really needs to concentrate on. This is the main place where law enforcement has interactions with the public every day. (END VIDEOTAPE)

BARNETT: Authorities are offering a $10,000 reward for information linked to the arrest of the suspect.

Now a Mexican journalist who fled his home because of threats has been found dead. We'll bring you details next.

Plus Israelis hold vigils for a 16-year-old girl who died after being attacked at a gay pride rally.

And a famous landmark in New York pays tribute to Cecil, the slain lion, and dozens of other endangered animals. Lot's more to come here on CNN.

(COMMERCIAL BREAK)

BARNETT: Take a look at this footage from Mexico where hundreds of protesters marched after a prominent photojournalist was found dead. Officials say Ruben Espinoza was one of five people shot to death in an apartment in Mexico City.

[03:20:01] Espinoza left his home in Vera Cruz last month because of threats there. In an interview, he referred to it as a lawless state. Thirteen journalists have been killed there in the past five years.

Now a 16-year-old girl stabbed at a gay pride parade in Jerusalem has died. Shira Banki was one of six people stabbed on Thursday. Police say her assailant was an orthodox Jew who had just been released from prison for waging a similar attack back in 2005.

Mourners held vigils for Banki in Jerusalem and Tel Aviv late on Sunday. Israel's prime minister also sent a condolence message to her family. He says, quote, "Shira was murdered because she bravely supported the principle that each one can live their life in honor and security. We will not allow this despicable killer to undermine the core values that Israeli society is based upon."

For more we turn to senior international correspondent, Nic Robertson, joining us live from Jerusalem this morning. Nic, stabbings like this are so brutal and violent especially when you consider the suspect was just released from jail after serving time for doing the same thing ten years ago. I mean, what is the reaction to this this morning?

NIC ROBERTSON, CNN SENIOR INTERNATIONAL CORRESPONDENT: A lot of shock and a huge amount of disappointment as well that this man with a proven, known track record three weeks after getting out of jail, this ultraorthodox Jew caught on camera stabbing people, pulling a long knife out from under his jacket or inside a bag and stabbing people that he was allowed to get so close to this event.

The prime minister has said that he should be prosecuted to the full extent of the law. There is a broad, widespread support for that. But it is disappointing that this man was able to get so close, six people stabbed. Shira Banki's family has described her as charming, happy lively and beloved. They've called for less hatred in the country and more tolerance and will be having a civil funeral for their daughter this afternoon.

The sense among the community here is that this is something that absolutely should not have happened and underscores the sort of hatred that does exist on the fringes of society. And the education minister also spoke out on this and he was also condemning this murder as well.

A lot of people, particularly young people came out for a vigil playing music and singing songs and projecting images of Shira Banki and also there was a big outpouring of affection for her and support for the family.

This is an issue that's not going to go away in society here. And society here on the one hand, and this is the view that's widely held here is very liberal and very accepting. On the other hand, there are elements within it that believe that they are the only ones that have the truth and take the truth into their own hands -- Errol.

BARNETT: The reason we watch this so closely is what is unique about this part of the world is you can have isolated incidents kick off wars. And there was a Palestinian toddler that died in a fire last week. How might Prime Minister Netanyahu respond to these Jewish extremists? His critics want to see him use the same kind of force that's use, again, I guess what you would describe as your more typical terror suspects, but they feel it's unlikely.

ROBERTSON: Certainly, these two brutal murders, the burning of the toddler and the parents of the toddler are in critical condition and the brother as well was badly burned and the killing at -- the stabbing at the gay pride parade underscore people's concerns about extremists in society.

The prime minister called a security cabinet meeting yesterday. He said that he was calling on the security services to their full extent to use within the law to bring to justice the killers.

But he also said that he would be -- or he authorized administrative detentions for anyone believed to have been responsible for this.

So what he is doing here it's believed that the killers are from within the Jewish community is that administrative detentions, which is normally held for Palestinians will be imposed on Jewish citizens as well.

What this means is that the defense minister can decide that there is someone in society, who is believed to have committed a crime or is suspected of committing a crime that there isn't proof enough to get a conviction, but they believe this person is a danger to society so is arrested and administratively detained.

The words are strong from the prime minister. People are waiting to see if the actions are followed through -- Errol.

[03:25:05] BARNETT: A rough start to the week there. Nic Robertson live for us in Jerusalem. Nic, thank you.

Now we do want to clear something up on CNN. Jericho the lion is alive and well. Oxford University tweeted this image of Jericho taken Sunday morning. The Zimbabwe Conservation Task Force said that poachers killed Jericho, but that was just a case of mistaken identity. As our David McKenzie reports Zimbabwe is cracking down on hunting.

(BEGIN VIDEOTAPE)

DAVID MCKENZIE, CNN CORRESPONDENT: Early reports that Jericho, the lion, was killed illegally by a hunter turned out to be false. In fact, the group that put out the information has since apologized. And the Oxford University Research Group that tracks these lions says he is doing just fine.

Now Zimbabwe has appeared to tighten up on hunting in the country. They banned all kinds of hunting on the borders of Hwange National Park for big cats and large game and banned bow hunting outright. It was with a bow that Dr. Walt Palmer shot Cecil the lion last month causing this global outcry.

He says he did nothing illegal, but Zimbabwe officials are trying to extradite him to face charges from the U.S. to Zimbabwe, though, that might be a tall order according to experts. The guide and hunter that he hired to kill Cecil though face charges this week in Zimbabwe and they could spend ten years in jail if found guilty. David McKenzie, CNN, Johannesburg.

(END VIDEOTAPE)

BARNETT: Now Cecil the lion has lived on in some way. He was part of a tribute on the Empire State Building. Organizers projected a picture of Cecil on the side of the skyscraper. The goal was to call attention to the animal's dwindling numbers and to promote a new documentary called "Racing to Extinction."

(BEGIN VIDEOTAPE)

TRAVIS THRELKEL, CHIEF CREATIVE OFFICER AND CO-FOUNDER OF OBSCURA DIGITAL ((via telephone): We are trying to break the biggest story on the planet and few are aware this is happening and that is the beginning of the sixth mass extinction where mankind in this case is the cause of.

So we are trying to create dialogue and asking people to pay attention to the calls to action, but specifically to developing solutions together and creating a community and this happened very much last night.

It was really an incredible moment for me walking around the streets and seeing the thousands of people that arrived and showed up. It was this tone on the streets was this peacefulness and there were the loveliest conversations happening between people and everyone was knowledgeable about the species and the animals we were showing.

That is the spirit of this right now is to begin a rich dialogue and begin networking together and beginning to really solve this problem.

(END VIDEOTAPE)

BARNETT: A powerful way to make a statement. Forty projectors were used for this, and according to the "New York Times" the project cost $1 million.

Now France and the U.K. step up security around the tunnel that goes beneath the English Channel. Next, we'll have more on the security measures put into place in response to desperate migrants.

And it's been close for more than a month, but the Greek stock market is about to reopen. What traders are expecting after this short break. Brace yourselves.

(COMMERCIAL BREAK)

[03:32:02]

BARNETT: Welcome back to those of you watching here in the U.S. and those of you tuned in from around the world. This is CNN NEWSROOM. I'm Errol Barnett. Here are our top stories.

The Greek stock market is reopening after being closed for more than a month as the nation grappled with its financial crisis. Traders have predicted heavy losses at the market's opening. We'll

get you a live update from Nina Dos Santo on this in moments.

After a meeting with Egypt's foreign minister in Cairo Sunday, the U.S. secretary of state will be in Qatar today. John Kerry is trying to convince skeptical Middle East leaders to back the Iran nuclear deal.

Nigeria's army has rescued 178 hostages held by Boko Haram militants. More than 100 of the captives were children. A Boko Haram commander was also captured in the mission late Sunday. The Islamist militants have been waging an insurgency in North Eastern Nigeria for the past six years.

Now to the migrant crisis in Europe, Reuters reports that French police blocked migrants trying to access the Eurotunnel on Sunday night. People desperate to reach Britain have stepped up attempts to cross the tunnel in recent weeks. French and British officials have pledged nearly $11 million to improve security around the tunnel.

Senior international correspondent, Jim Bitterman, joins us live from Paris to talk about this. Jim, typically, 600 migrants would try to make the dangerous channel trek, but now you have 5,000 migrants risking their freedom for this journey. That is a huge jump. What exactly is behind it?

JIM BITTERMAN, CNN SENIOR INTERNATIONAL CORRESPONDENT: You have to be very careful about those numbers because they vary from day-to-day. Last Thursday to Friday, for example, there were about 1,000 migrants that made the attempt. From Saturday to Sunday over the weekend, it was down to about 400. We are hearing different figures on different days. But you get the impression that this is some kind of an assault by a group of migrants that's not what is happening.

What's happening is that in ones and twos, in smaller numbers, they are trying to get on the back of trucks. It's not they are assaulting the tunnel directly, although over the weekend one of the things that disquieted officials was there was a large group that made a concerted effort at getting to the tunnel itself.

And there, in fact, they had to close the tunnel from 11:30 Saturday night to 4:30 Sunday morning. That causes the traffic backups. You can't get the trucks and cars on the trains. There has been a great outcry in Britain about this situation.

Political leaders have taken this on. There was a joint editorial between the two ministers where they said they are determined to solve this problem and money is one indications of one of the ways they are addressing it.

They are putting more police on duty, but that's not only the thing. The French would like to see the British take action to scale down this allure that their country has.

[03:35:08] That's based on the fact that the migrants believe, anyway that Britain is an el dorado. If they can set foot on British soil they will be qualified to be considered asylum. And then during that process they will be free at large in Britain.

BARNETT: There is a lot of political pressure for local officials and politicians to protect the borders. We saw that in the U.K. election a few months ago. Immigration was a central issue, but really the solution is a geopolitical one.

You mentioned a couple hundred police officers at the location where the migrants try to cross. But the $11 million, what will that go towards? Will it go to security improvements where the migrants try to sneak through?

BITTERMAN: Exactly. There will be improvements around the tunnel itself, more barbed wire and fences and more police. But the question really has become something of a political football in the fact that in both France and Great Britain, politicians are using it as an issue.

We have regional elections on here. We're building up and the campaigns are on right now. One deputy in the north said if the British don't like the way the French are handling it. We'll stop patrolling and let them come across.

The French government is not about to do that, but it shows the temperature here in terms of the political discussion -- Errol.

BARNETT: Very interesting stuff there. Jim Bitterman live for us in Paris this morning. Jim, thanks. Police in Mexico have discovered and shutdown an unfinished drug tunnel in Tijuana two blocks from the U.S. border. These tunnels often have sophisticated electrical and rail systems to transport drugs across the border. Dozens of tunnels have been found in the past decade.

A major scandal in track and field, British and German media say about a third of the medals for distance events at the Olympics and world championships between 2001 and 2012 were won by athletes with suspicious blood tests. It's based on a report on 5,000 athletes leaked to the media. The head of the International Olympic Committee is waiting for more information.

(BEGIN VIDEO CLIP)

THOMAS BACK, INTERNATIONAL OLYMPIC COMMITTEE PRESIDENT: If there should be cases involving results at the Olympic Games the IOC will act with zero tolerance in -- with our usual policy. But at this time, we have nothing more than allegations. And we have to respect the presumption of innocence for the athletes.

(END VIDEO CLIP)

BARNETT: The governing body for track and field has neither confirmed nor denied these allegations instead it focused on the fact that confidential allegations were published. It says that it is based on an analysis of an IAAF database of private and confidential medical data which has been obtained without consent.

Now trading was suspended in late June, but the Greek stock market is open once again. We want to get you a live report on this after the break.

(COMMERCIAL BREAK)

[03:42:02]

BARNETT: Welcome back. Take a look over my left shoulder. All that red is from the Greek stock exchange. It is open as of 12 minutes ago after the financial crisis forced its closure for more than a month. Now there are restrictions on local investors to keep money from flooding out of the banks and traders have predicted the market will drop sharply at the opening.

Let's get a breakdown of what to expect today. Nina Dos Santos joins us from London with the latest. Nina, how big a drop are we expecting? Some analysts referring around the number of more than 20 percent, but there are safety mechanisms in case that happens. So what should we be expecting here?

NINA DOS SANTOS, CNN CORRESPONDENT: Well, it looks as though based on a couple of reports I'm looking at we're talking about an open down 22 percent, Errol, and that would be very much in keeping with what we've been expecting based on the futures for this market.

Earlier the Reuters news agency was calling this market down somewhere between 15 percent and 18 percent based on the futures contracts for the end of August.

Some of the heaviest losses here in this ticker tape from this live feed from the Athens stock exchange from the banking sector in particular. The banking system has been so hardly hit here by not just the bad loans that have accumulated in Greece over the six years of recession, but the immediate crunch point of those capital controls imposed on the Greek population for five weeks now.

A reminder that those capital controls are still in place, slightly loosened, but what they have done is to hamstring the Greek economy after six years of recession. It's expected that this economy will go back in the red.

Yet again and that is one of the reasons the banking stocks are down. Some are down to the tune of 29 percent. We are expecting that before because remember that a number of these banking stocks that have been suspended over the last five weeks in Greece still has.

And those are continued to trade a number of those already down around 20 percent. Hence the reason why we are expecting the market to fall 20 percent, it has during the opening price. We'll have to see how that fares later on today.

BARNETT: All right, and we will continue to watch this closely. CNN's national viewers will be seeing you soon. Nina Dos Santos live in London.

Now Puerto Rico is also dealing with a financial crisis, the island defaulted on a $58 million debt payment to its public finance corporation over the weekend and that is just a small part of the $70 billion debt. It could become an issue in the U.S. presidential campaign.

(BEGIN VIDEO CLIP)

NICK TIMIRAOS, ECONOMICS CORRESPONDENT, "WALL STREET JOURNAL": Because Puerto Rico doesn't have representation in Congress, they don't have a vote and there's not a lot of interest or urgency in Washington, D.C., to tackle this.

One exception is that there have been millions of Puerto Ricans have come to the United States and hundreds of thousands of them have settled in Florida.

[03:45:03] Florida, of course, is going to be very important in the presidential election next year. And Puerto Ricans can play a swing vote there.

If you are running for president you have to pay attention to this issue because Puerto Ricans carry important political sway in the same way we have seen with Cuban Americans in past elections in Miami. I think that's going to race attention and the profile of this issue over the next year.

(END VIDEO CLIP) BARNETT: After years of government spending along with huge energy and pension costs Puerto Rico's governor says the economy is in a death spiral. We will watch that closely.

A costly pest problem in Australia is being met with a high tech solution, the drone. How will it help solve the issue? Joel Labi explains.

(BEGIN VIDEOTAPE)

JOEL LABI, CNN CORRESPONDENT (voice-over): The sun sets over the Australian outback. Another day on pristine farming lands draws to a close and as the light dims, an eye in the sky gets the work to combat a very expensive pest problem.

UNIDENTIFIED MALE: The farmer has lost $200,000 of livestock in 24 hours when wild dogs strike it's an unfortunate situation with no cure.

LABI: This robotics is going where no other startup has gone before flying military-grade drones day and night targeting livestock destroying feral animals, pigs, dogs, deer. At last count, critters like these cost farmers $500 million in an industry that contributes to Australia's bottom line.

Flying high over the landscape, live video and coordinates are streamed back to the control center. First, it spots cattle and sheep and then --

UNIDENTIFIED MALE: This is something for sure.

LABI: Using heat signatures, feral pigs are spotted nearby hiding under a tree and are dealt with swiftly.

UNIDENTIFIED MALE: We have to identify where the animals are and pest control agencies to the site of the problem.

LABI: This doesn't necessarily mean every menace meets a grizzly end, but farmers say it could give them a real time advantage because so often they are far too late.

SIMON TALBOT, CEO, NATIONAL FARMERS' FEDERATION: It's starting to effect crops or displace livestock they have a profound impact on many native species.

LABI: The trials are in the final stages and pending any setbacks these drones could be patrolling Australia's remote areas within months, but this technological tool does come at cost, estimates are in thousands of dollars an hour for surveillance. But for some farmers this may be very well worth the cost.

LABI: Joel Labi, CNN.

(END VIDEOTAPE)

BARNETT: Now of course I'm heartbroken that Jon Stewart is leaving "The Daily Show" after 16 years. Find out who is making a guest appearance in his last week of shows. That story and the latest entertainment news is next.

(COMMERCIAL BREAK)

[03:52:26]

BARNETT: Mission accomplished for Tom Cruise this weekend. "Mission Impossible Rogue Nation" brought in an estimated $56 million in the U.S. Box Office. That makes this the second best opening week for the franchise. The 2000's "Mission Impossible 2" raked in $57.8 million.

Kim Serafin is the senior editor of "In Touch Weekly" so that means she is uniquely capable of talking to us about all the major headlines coming out of Hollywood here at the moment.

Kim, great to see you, joining us from Los Angeles. Let's talk weekend box office numbers. They were pretty good for Tom Cruise and his "Mission Impossible" franchise.

KIM SERAFIN, SENIOR EDITOR, "IN TOUCH WEEKLY": Tom Cruise continues to do well at the box office. "Mission Impossible" was predicted to only make about $40 million, made $56 million. This is actually the second best in the franchise and also one of Tom Cruise's best openings so really great news.

Tom Cruise has been promoting this so much. He does his own stunts and certainly he has been everywhere talking about it and the movie got pretty good reviews. So it makes sense that it really did come in number one.

BARNETT: OK, good for him for that. And we are about to see the end of an era this week, the final week of "The Daily Show" with Jon Stewart as host. He announced who some of his final guests would be and what the plans are. What can you tell us about that?

SERAFIN: It's so sad. We've said this so many times this year the end of an era with David Letterman leaving and Stephen Colbert and Jon Stewart has a special place in so many people's hearts.

He will have Amy Schumer as one of his final guests. She is the it girl, Denis Leary and Louie C.K. so those are his final guest, but obviously people have been talking about just how many careers Jon Stewart has launched.

You know, think about the people who were correspondents on "The Daily Show" whether it was Steve Carell or Ed Helms or John Oliver who is doing really well so many people he really launched there --

BARNETT: And Stephen Colbert, I mean, the name -- the list is so long.

SERAFIN: That's correct. And you think about really he has been on for 16 years and been through so many elections and emotional things. He was one of the first comedians who came on after 9/11 being in New York and it was so emotional for him. And of course his final show is Thursday. We don't know what is going to happen on the final show similar to David Letterman. But it's expected to be great, some great celebrities and special guests, and I think we are all looking forward to it.

BARNETT: And anchors and correspondents who have popped up on his show will miss that special treatment we get from Jon Stewart as well.

[03:55:01] Just before we wrap up, let's talk Angelina Jolie because she had a conversation and met with Myanmar's president. What is the story there?

SERAFIN: Yes, Angelina Jolie is a force of change in the world. Everyone looks to her. She is a special envoy for the U.N. and touring in Myanmar looking at conditions of female workers and focusing on female issues meeting with first-time female voters.

She is someone that people look to and respect and for many things and she is continuing to tour all of these countries where there needs to be more of a focus and people need to know about what is going on in the world.

BARNETT: And she has brought her effort to the forefront and doing the day job as well. It's very interesting stuff. Kim Serafin, thanks very much. Great to talk to you.

SERAFIN: Great. Thanks so much.

All right, one final quick story for you, liquor suppliers in China are under investigation for allegedly adding Viagra to their products. Reuters reports that two distillers were raided. They confiscated 5,000 bottles of a grain alcohol and a batch of white powder of Viagra. Police say the products were being marketed for health purposes.

Thanks for watching CNN, everyone. I'm Errol Barnett. It's a pleasure having you with me. "EARLY START" is next in the U.S. and for every else stay tuned for another hour of CNN NEWSROOM. Have a great day.

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