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May 12, 2015
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patricia sabga.nk you. >>> greece had to dig into its reserves to make its latest payment to the imf. greece is trying to renegotiate its deal with european nations, but the finance ministers the country is running out of cash. >> reporter: it promises to be a long tense summer in greece. the protests are small now, but could grow bigger if the new left-wing government is forced to compromise on austerity in return for much-needed bailout funds. in brussels talks with the other euro zone countries, the european central bank and the imf are progressing to unlock billions in aid for greece. but there is evidence of scepticism skill about a new economic plan offered byes and -- by athens. >> more time is needed to bridge the remaining gaps. we having joint interest with the greek authorities to get that agreement as quickly as possible. there are some time constraints. there are liquidity constraints, but hopefully we reach thatting a agreement before time or money runs out. >> reporter: greece must wai
patricia sabga.nk you. >>> greece had to dig into its reserves to make its latest payment to the imf. greece is trying to renegotiate its deal with european nations, but the finance ministers the country is running out of cash. >> reporter: it promises to be a long tense summer in greece. the protests are small now, but could grow bigger if the new left-wing government is forced to compromise on austerity in return for much-needed bailout funds. in brussels talks with the other...
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May 29, 2015
05/15
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. >> patricia sabga, thank you.n about ten minutes we'll talk more about these numbers with an economist. >>> more main today in texas. a police officer had to be air lifted to safety this morning. you see his squad car it was filling up with water on the freeway when he called for help. the flooding so far has killed 24 people in texas and oklahoma and the forecast calls for more rain this weekend. robert ray has more from houston. >> reporter: six months ago the people of texas were hoping for rain, but not as much as they have gotten in the past week. houston, many of the neighborhoods have been under water, as people have cleaned up their belongings put them to the curb side the city of houston trying to assess the damage as thousands of homes and businesses have been under water. now more rain and storms on the way this morning and throughout the weekend. one of the major issues a little town about 60 miles southwest of houston they evacuated about a thousand people last night, volunteer evacuation they are exp
. >> patricia sabga, thank you.n about ten minutes we'll talk more about these numbers with an economist. >>> more main today in texas. a police officer had to be air lifted to safety this morning. you see his squad car it was filling up with water on the freeway when he called for help. the flooding so far has killed 24 people in texas and oklahoma and the forecast calls for more rain this weekend. robert ray has more from houston. >> reporter: six months ago the people of...
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May 11, 2015
05/15
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patricia sabga joining us now. >> is this fair to call this a bold action? >> more than 1800 people fleeing conflict abuse and poverty are believed to have died attempting to cross the mediterranean from libya to europe. the e.u. wants to seek and destroy vessels who smuggle people. libya would command the mission. now the aim is to undermine the business model of the networks that profit from moving human cargo by seizing vessels before they embark with migrants. last month 950 people are believed to have died when vessels trafficking them capsized off the coast of italy. it's not just military solutions that europe is seeking from the crisis. they're set to unveil a new migration agenda that will include quota refugees among the e.u.'s 28-member state. >> when it comes to this military operation how likely is it that the u.n. security council gives it the go ahead. >> as you know when we're talking about the u.n. security council there is always horse trading go on. and discussion going on and wildcards. the e.u. foreign minister was in beijing and she's h
patricia sabga joining us now. >> is this fair to call this a bold action? >> more than 1800 people fleeing conflict abuse and poverty are believed to have died attempting to cross the mediterranean from libya to europe. the e.u. wants to seek and destroy vessels who smuggle people. libya would command the mission. now the aim is to undermine the business model of the networks that profit from moving human cargo by seizing vessels before they embark with migrants. last month 950...
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May 8, 2015
05/15
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patricia sabga is here with details. does this suggest a rebound?> we have to wait and see what comes up but the economy cleared a major bar in april. 223,000 jobs were added. the march's jobs report was revised down this morning from 126,000 to 85,000. the unemployment rate ticked down to 5.4% and it ticked down for the right reasons, because the number of people working or actively looking for a job edged up slightly. 45,000 new construction jobs were created last month. 15,000 mining jobs were lost that's another sign of low oil prices. average hourly wages posted a modest $0.03 gain that's roughly 2% rise year-over-year, enough for people to keep their heads above water, but not the 3 or 3.5% rise that would signal that the economy was really kicks into gear. first quarter economic growth in this country, the economy basically stalled, so what we really want to see is that that is behind us we want to see things kicking up in the second quarter. >> patricia sabga thank you. >>> pakistan officials say a technical problem caused the helicopter cra
patricia sabga is here with details. does this suggest a rebound?> we have to wait and see what comes up but the economy cleared a major bar in april. 223,000 jobs were added. the march's jobs report was revised down this morning from 126,000 to 85,000. the unemployment rate ticked down to 5.4% and it ticked down for the right reasons, because the number of people working or actively looking for a job edged up slightly. 45,000 new construction jobs were created last month. 15,000 mining jobs...
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May 14, 2015
05/15
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al jazeera's patricia sabga reports on how the french are becoming number 1. >> reporter: step aside, great britain. when it comes to key nato allies the united states has france to stand with. >> france more than any of our nato allies has had an ability to act overseas but an interest to work at our sides. >> turmoil at home and in traditional french spheres of influence have eclipsed those impulses. >> interested in working with people who are serious about defense, serious about working abroad serious about intervene ago broad, that is aintervening abroad, that is a very small club. >> stop armed rebels from taking over malli. france continues to keep thousands of troops in the nation. costly campaigns in iraq and afghanistan. >> the british experience in iraq and afghanistan is simply fatigue, fatigue with overseas adventures, with the cost of it. >> reporter: cost concerns are also forcing tough choices in the u.k. over whether to spend a shrinking defense budget on conventional forces or upgrading its fleet of trident nuclear submarines. pledging to increase defense spending by
al jazeera's patricia sabga reports on how the french are becoming number 1. >> reporter: step aside, great britain. when it comes to key nato allies the united states has france to stand with. >> france more than any of our nato allies has had an ability to act overseas but an interest to work at our sides. >> turmoil at home and in traditional french spheres of influence have eclipsed those impulses. >> interested in working with people who are serious about defense,...
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May 21, 2015
05/15
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patricia sabga joins us now.hat do both sides hope to get from this meeting. >> reporter: abadi is looking for additional arms to fight isil. iraq already buys hefty amount of weapons from russia. and middle eastern countries don't like to be solely dependant on one supplier. but the united states is watching very, very closely. it helps to take stock of both country's relationship with iran. shia iran is arguably the major power broker in iraq. militias are stepping in to fight isil after iraqi army abandoned the area. the militias are mostly shia and the area is mostly sunni. as for russia's relationship with iran well, there the kremlin's perspective tehran is a natural and even welcome ally. russia is looking for a stable government to cozy up to. moscow sees arms sales as a big part of that and lifted its supply to tehran less than two weeks after a framework agreement was struck over iran's nuclear program. now to bring this courtship analogy few circle but deeping ties with iraq russia is deeping them with
patricia sabga joins us now.hat do both sides hope to get from this meeting. >> reporter: abadi is looking for additional arms to fight isil. iraq already buys hefty amount of weapons from russia. and middle eastern countries don't like to be solely dependant on one supplier. but the united states is watching very, very closely. it helps to take stock of both country's relationship with iran. shia iran is arguably the major power broker in iraq. militias are stepping in to fight isil...
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May 22, 2015
05/15
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patricia sabga is with us now. are these air strikes having any impact on isil's financial health?> they have definitely targeted and hammers a major source of the group's revenue, but it has others to fall back on. coalition air strikes damaging isil oil facilities. depressed oil prices. the one-two punch that has brought the armed group's biggest money spinner to its knees. >> isil previously got most of its funding from oil. last summer it was reportedly making 1 to $3 million a day. and now they reportedly only make about 1 to 2 billion a week. >> reporter: extorting attackses, protection money, and check point tolls is the group's steadiest source of income. and when its territory expands as it did with the recent capture of ramada so does its pool of people it can shake down. >> it is able to find creative and frankly very effective tools to -- to suck the money out of the economy. >> reporter: like getting around baghdad's ban on transferring cash salaries to government employees in isil-held territory. isil waits for government workers to collect their salaries elsewhere, a
patricia sabga is with us now. are these air strikes having any impact on isil's financial health?> they have definitely targeted and hammers a major source of the group's revenue, but it has others to fall back on. coalition air strikes damaging isil oil facilities. depressed oil prices. the one-two punch that has brought the armed group's biggest money spinner to its knees. >> isil previously got most of its funding from oil. last summer it was reportedly making 1 to $3 million a...
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May 8, 2015
05/15
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patricia sabga is here with more on the employment picture. decent numbers huh?> very decent numbers. and the economy cleared a major bar in april. the u.s. labor market bounced back adding 223,000 jobs. anything less than 200,000 would have been anxiety producing after the march report. now the unemployment rate fixed down to 5.4%. that is the lowest reading since may 2008 and it ticked down for the right reasons, because the number of people working or actively looking for a job edged up slightly. 45,000 new construction jobs were created. 15,000 mining jobs were lost that is another sign of low oil prices. average hourly wage posted a modest $0.03 gain. that's roughly a 2% rise year-over-year, enough to keep heads above water but not the 3 3.5% rise that would really signal the economy was kicking into gear. >> after the march report are we out of the woods here? >> that is the question but keep in mind this is our first look at the second quarter, and as you well know in the first quarter the economy basically stalled. so we were looking for evidence that may
patricia sabga is here with more on the employment picture. decent numbers huh?> very decent numbers. and the economy cleared a major bar in april. the u.s. labor market bounced back adding 223,000 jobs. anything less than 200,000 would have been anxiety producing after the march report. now the unemployment rate fixed down to 5.4%. that is the lowest reading since may 2008 and it ticked down for the right reasons, because the number of people working or actively looking for a job edged up...
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May 22, 2015
05/15
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patricia sabga joining us now.ow effective has these strikes been against damaging their finances? >> reporter: coalition air strikes, damaging isil oil facilities, depressed oil prices, the one-two punch that has brought the armed group's biggest money spinner to its knees. >> last summer it was making a reported 1 to $3 billion a day. and now reportedly they make 1 to 2 million a week. >> reporter: extoerding taxes, protection money, and check point tolls is the group's steadiest source of income. and when it's territory expands as it did with we recent capture of ramadi. so does the pool of people isil can shake down. >> when it controls territory, it is able to find creative and -- and frankly very effective tools to -- to suck the money out of the economy. >> reporter: like getting around baghdad's ban on transferring cash salaries to government employees in isil-held territory. according to the financial action task force, isil waits for government workers to collect salaries elsewhere, and then taxes them up
patricia sabga joining us now.ow effective has these strikes been against damaging their finances? >> reporter: coalition air strikes, damaging isil oil facilities, depressed oil prices, the one-two punch that has brought the armed group's biggest money spinner to its knees. >> last summer it was making a reported 1 to $3 billion a day. and now reportedly they make 1 to 2 million a week. >> reporter: extoerding taxes, protection money, and check point tolls is the group's...
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May 28, 2015
05/15
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patricia sabga is here.ve seen a steady escalation of rhetoric in the past couple of days with secretary carter. what is it all about? this >> we have. . at a ceremony in hawaii he dlifed his most pointed and forceful comments yet about beijing's efforts to lay claim to most of the south china sea. they have been turning tiny reefs into artificial islands. and carter said that must stop immediately. >> china is out of step with both international norms that underscore the asia pacific security architecture and the regional consensus in favor of a non-coercive approach to this and other long-standing disputes and their increasing demand for american engagement in the asia pacific, and we'll meet it. we will remain the principal security power in the asia-pacific for decades to come. >>> now carter's comments come on the heels of a paper published by beijing earlier this week signalling a major expense of china's defense perimeter. the reason this is so controversial is six countries have overlapping territory
patricia sabga is here.ve seen a steady escalation of rhetoric in the past couple of days with secretary carter. what is it all about? this >> we have. . at a ceremony in hawaii he dlifed his most pointed and forceful comments yet about beijing's efforts to lay claim to most of the south china sea. they have been turning tiny reefs into artificial islands. and carter said that must stop immediately. >> china is out of step with both international norms that underscore the asia...
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May 28, 2015
05/15
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. >> patricia sabga thank you. >>> ten years after hurricane katrina, the gulf coast prepares for anotherricane season. >>> plus the text that can crash your iphone. apple is now racing to make a fix. >> my name is imran garda the show is called third rail, ♪ >>> the start of the hurricane season is just four days away. today president obama is visiting the national hurricane center in miami to assess how to prepare the gulf and east coast states. jonathan martin reports. >> reporter: the atlantic hurricane season will likely be calmer than normal according to noah. but officials stress it's no excuse for citizens to be come place sant. >> we're sophisticated players down here. we need to be prepared and vigilant. >> reporter: ten years after hurricane katrina, the mayor is confident. >> i can say we are far better off than we were ten years ago. >> reporter: hurricane season officially starts on june 1st and ends on november 30th. experts predict between six and 11 named storms with as many as six becoming hurricanes and potentially two strong storms reaching category 3 or higher. >> no
. >> patricia sabga thank you. >>> ten years after hurricane katrina, the gulf coast prepares for anotherricane season. >>> plus the text that can crash your iphone. apple is now racing to make a fix. >> my name is imran garda the show is called third rail, ♪ >>> the start of the hurricane season is just four days away. today president obama is visiting the national hurricane center in miami to assess how to prepare the gulf and east coast states....
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May 22, 2015
05/15
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patricia sabga joining us with this now.ow successful have air strikes been at hitting at isil's financial health? >> well they definitely pounded one major source of revenue for the group, but it has others to fall back on. coalition air strikes damaging isil oil facilities, depressed oil prices the one-two punch that has brought the armed groups biggest money spinner to its knees. >> isil previously got most of its money from oil. it was making 1 to $3 million a day last summer. now they reportedly only makes about 1 to $2 million a week. >> reporter: but that hasn't left the group over a barrel. extorting taxes, protection money, and check point tolls is the group's steadiest source of income, and when it's territory expands, so does the pool of people isil can shake down. >> the key is when it controls territory it's able to find creative and -- and frankly very effective tools to -- to suck the money out of -- of the economy. >> reporter: like getting around baghdad's ban of transferring to employees in isil-held ter fo
patricia sabga joining us with this now.ow successful have air strikes been at hitting at isil's financial health? >> well they definitely pounded one major source of revenue for the group, but it has others to fall back on. coalition air strikes damaging isil oil facilities, depressed oil prices the one-two punch that has brought the armed groups biggest money spinner to its knees. >> isil previously got most of its money from oil. it was making 1 to $3 million a day last summer....
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May 22, 2015
05/15
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patricia sabga joins us now. how successful have airstrikes been at targets isil finances? >> we usually think of coalition air strike in terms of their effect on isil's military exhibits. they're also impacting the group's finances. >> coalition airstrikes damaging isil oil facilities, depressed oil prices, the 1-2 punch that's brought the armed groups biggest money spinner to its knees. >> isil previously got most of its funding from oil. last summer it was making $1 million to $3 million a day and it was the group's top revenue source. now isil reportedly only makes $1 million to $2 million a week. >> that hasn't left the group over a barrel. extorting taxes protection money and checkpoint told is the group's steadiest source of income. when its territory expands as with the recent capture of ramadi so does the pool of people isil can shake down. >> the key is when it controls territory, it's able to find creative and frankly very effective tools to suck the money out of the economy. >> like getting around baghdad's ban on transferring cash salaries to government employe
patricia sabga joins us now. how successful have airstrikes been at targets isil finances? >> we usually think of coalition air strike in terms of their effect on isil's military exhibits. they're also impacting the group's finances. >> coalition airstrikes damaging isil oil facilities, depressed oil prices, the 1-2 punch that's brought the armed groups biggest money spinner to its knees. >> isil previously got most of its funding from oil. last summer it was making $1 million...