Significant losses are marked on stock exchanges world-wide: São Paulo Stock Exchange suspended trading after a 15 percent drop in its benchmark index. (Reuters)
The UK's leading share index, the FTSE 100 closes down 391.1 points (7.85%), the largest single day points fall since it was launched in 1984. The French CAC 40 also recorded a record drop of 9.04%, whilst Germany's DAX finished down 7.09%. (BBC News)
Human Rights Watch says Somalia is "most ignored tragedy" and the international community has "completely failed Somali civilians" regarding destruction of Mogadishu. (BBC News)