as patricia sabga reports not everyone supports it. >> the last time the federal reserve raised interestas back in 2006. but after the great recession hit, the feds slashed rates to near zero to kick start economic growth and create jobs, and it has worked to a degree. the economy is growing, slowly, but steadily. while the unemployment rate has plummeted to 5.1%. but that takes care of only one of the fed's observetives, by law the fed also has to ensure price and financial stability, and this is where economists disagree on the timing of the next rate hike. a certain amount of inflation is necessary to help the economy grow. but inflation has been running well below the fed's 2% target for over three years and the situation has grown worse as oil prices have dropped and the dollar has strengthened against other currenties. some economies are not all that worried about low inflation, reasoning that a tighter labor market will force wages up. they also believe the impact of low oil prices and a strong dollar ease up. but others think it's a mistake to raise interest rates when the global

antonio. >> patricia sabga, thanks. >>> a new york city science teacher who allegedly crashed a drone inside the u.s. open tennis tournament has been arrested. he reportedly lost control of the drone while trying to stream video. rogue safety regulations can't keep up. in the middle of a second round match last night suddenly confusion. when a black object crashed into the stadium. >> we have a moment here where we're not entirely certain as to what it is that landed in the stands. >> nypd officers rushed to the scene. >> it was a drone. >> the drone, operated by daniel verley, did not cause any injuries. but new york senator chuck schumer warned it is only time before something happens. >> god forbid, one of these drones get sucked into the engine of a passenger plane. we could have a tragedy of epic proportion. >> more than three times the number for all of 2014. also, in january, a quad-copter, a recreational drone, crashed into the grounds of the white house and in california this summer drones interfered with planes during firefighting operations more than a dozen times. after la

i'll bring in patricia sabga, another one of our analysts pointed out that often a lot of the things we hear at the usga, the conflict of palestine. we hadn't heard much about it, other than the conflict in the middle east, it had been an overriding theme, hassan rouhani brought it up, the emi are of qatar brought it up and president rouhani brought it up, that was the essence of the conflict, he pointed out who he blamed for the problems and the trickle down effect of what palestine has in the region. >> absolutely, this is an issue that doesn't go away and an issue that so many extremist groups wrap themselves in the cloak of palestine. it is an intractable and deeply emotional and it is most certainly used as a recruiting tool for youngsters to move them into the islamist state into i.s.i.l. if you will. needing to address this issue they are not just bumping their gums or remarking on it. there is a strong feel among all middle east analysts, the ones i have talked to over the years, this is an intractable quagmire right now but it has to be addressed, it has to be dealt with, yo

i'm a beginning. >> patricia sabga, al jazeera, myrtle beach, south carolina. >> ethiopia has a fast growing economy and its government has turned to ethiopians some who have left the country some in the u.s., to build on that progress. >>> the foundation and the challenges it faces. >> every saturday night. >> mexico's kolima volcano erupted twice today, the volcano is part of the pacific's ring of fire and has been kitchen since the start of july. while mexico has more than 3,000 volume cane owes, only 14 is active. >>> now to our global view segment with a look at how news outlets across the world are reacting to various events. >> the australian writes that four and a half weeks of active opened the way for russia to intervene. russia could play a role against i.s.i.l. the jordan times also writes about the deployment of russian jets in syria. washington is submitting conflicting signals,. >>> and the times of london offers this simple editorial cartoon take on volkswagen's emissions test rigging scandal. and overturned vw beetle. >>> off the radar tonight, ethiopia is one of the

patricia sabga, al jazeera. >> victor gow, good morning to you out there in beijing. thanks for being i with us. >>> thank you for having me. >> let's pleasure the temperature of u.s.-chinese relations, have they changed at all after there visit? >> i think after this unprecedented state visit which is the first for president xi jinping, china-u.s. relations have improved significantly. at least the tension points can be now better managed going forward. >> significantly. >> and president obama and president xi jinping -- yes definitely. this gave the two presidents a chance to talk about what they care most: for example, the cyber security issues between china and the united states and the tension in the south china sea, even though these very difficult and challenging issues cannot be resolved right away, at least channels ever communication have been established and the two countries can resort to discussion and request negotiationegotiationsrather ths line can prop up in the coming years. >> as you may well know mr. gow, we had another visitor to the country in th

patricia sabga with more on the man. >> one of the most powerful militaries on the planet. the world's first or second largest economy depending on how you measure it. a ruling party with some 87 million members. 150,000 companies controlling 16 trillion-dollar in assets. china's president, xi jinping, is over all of them. he is the most powerful leader of the people's republic since chairman mao. >> the former instrument it's of government, he certainly is. >> new york auniversity jerome cohen has studied china for more than a half century. >> he's gambler, he's a high roller. he's bold in taking initiatives. he's determined to overcome the huge obstacles that he confronts, but his position is not as secure as all powerful leader's position is normally thought to be. >> case in point, china's economy. a pillar of legitimacy that has been badly tarnished with growth at its slowest pace, and a stock market that has lost 5 trillion-dollar in dollars since june. flash point to a country in the lead put on edge by anti-corruption campaigns. >> the anti-corruption drive is very

patricia sabga, al jazeera. >> i'm antonio mora in new york, thanks for joining us.erica tonight" is up next. i'll be back in an hour with more news. on maintain, medical mistakes with lines in the balance. how often lives are put at risk by bad medicine, far more than you might think. also the church and state. plosions don't want them to cross it but the pope took a hard line. will his

i'll bring in my colleague patricia sabga. >> we have china this economic power, in engine of the global economy that has been criticized for not taking more of a leadership role, worthy, if you will, of the power it is becoming. really what we saw from president xi jinping is that they're ready to step up to the plate he announced china will be contributing troops to new u.n. peace-keeping forces and devoting millions of dollars to the african peacekeeping system. reiterating china's positions that are sometimes at odds with the west. he mentioned that there should not be interference in the internal affairs of sovereign nations. that's code for human rights. china is often criticized over its human rights. reiterating its position that we do not interfere in sovereign positions. and the mix that china has. talking about the invisible and visible hand of involved in the markets. of course, china--has been under pressure to liberalize more in the market. there is interference in the markets, we've seen that as we've seen that steep sell off in china's stock market. a defense of china's p

. >> but as patricia sabga explains not everyone agrees that the time is right for a rate tyke. >> theast time the federal reserve raised interest rates was back in 2006, but after the great recession hit the feds slashed rates to near zero to encourage people to spend money and other things to kick start economic growth and create jobs. and it has worked to do a degree. the economy is growing, slowly but steadily, while the unemployment rate has plummeted to 5.1%. but that takes care of only one of the fed's objectives. the fed also has ensure price and financial stability. and this is where economists disagree on the timing of the next rate hike. inflation has been running well below the fed's 2% target for over three years and the situation has grown worse as oil prices have dropped and the dollar has strengthened. some reason that a tighter labor market will force wages up as employer bid for the best workers. they all thes believe the impact of low oil prices and a strong dollar will eventually ease up. but others think it is a mistake to raise u.s. interest rates especially when

here is al jazeera's patricia sabga. >> reporter: 5 million in value wiped off the shares. a financial blood bath that doesn't dovetail with the narrative put forward. >> the extraordinary economic growth, they take credit for that. that beans in the economy falters, their foundation for legitimacy may be called into question. >> china's leaders, talked up the stock market at its peak. when outsiders were warning share prices were too expensive. >> when bubbles burst, the government spent more than 200 billion to prop up the market. when that failed, the communist party produced escape goats, pinning the route on regulators, investors and... ..this journalist that apologised on china state television for using false information to induce panic. a concession that the bloggos fear didn't buy. >> when widely repeated comment was well, it looks like you finally found the sacrificial land. >> it's not just the stock market that is faltering, the economy is slowing down more than many expected. it's why some believe the chinese leadership will have to stop shifting blame and embr

joining us to discuss is patricia sabga.hat are the odds that the fed will pull the trigger this week. >> the market was pricing in about a 30% chance of that happening, but that was in the summer. the big reason they were thinking that is because the u.s. job's machine is moving along. really strong jobs creation and an very low unemployment rate. but that is only part of the mandate. they also have to ensure price stability, and that's why towards the engineer of the summer after china devised that massive currency devaluation, that sent the odds down to about 30%. and the reason they are seen lowering their odds is because the dollar is so strong right now, and that makes u.s. exports more expensive to buy abroad. the other reason is the strong dollar tends to subdue prices, and that of course is the other half of the fed's mandate which is to ensure price stability. >> what are the dangers of raises rates too soon. are we talking about the fed needing to figure out if the economy is on firm ground with the recovery befor

patricia sabga explains. >> reporter: antonio, the climate change is heating up, according to the u.s. geological survey, 30% of undiscovered gas are in the arctic. most of it under the ocean. that's nearly a quarter of the world's hydrocarbon reserves and that's not all that's at stake. the fish stock and mineral deposits while melting ice is opening up new sea lanes that could open up times between asian and european markets. eight countries have territories inside the arctic circle but the five major players are russia, united states, canada, norway and denmark. a global treaty gives nations control of resources whind 200 nautical miles of their coast lines. and extend that footprint. the united states hasn't ratified that treaty leaving it at a disadvantage but other countries are pressing ahead, most notably russia, formally laid claim to 460 square miles of arctic territory. telegraveled in 2007 when russia planted a flag on the sea bed of the north pole. and russia is increasingly flexing its muscle, holding unannounced war games and reopening soviet era war bases. the united s

as patricia sabga explains it's alt part of a plan. >> reporter: driving down oil prices to gain an advantage. the strategy driving saudi arabia to pump oil full tilt into a market already awash in cheap crude. >> the saudis are looking at the global market and they're realizing they need to take some starch out of the u.s. shale oil production and that started to happen. >> the world's largest oil exporter with its greatest proven reserves, saudi arabia can pump crude more cheaply than u.s. shale oil producers. an advantage that's seen recounts in the u.s. plunge and u.s. oil production fall by some 300,000 barrels a day between april and june. but it's not just market share driving saudi strategy. low oil prices undercut the kingdom's archenemy iran which is poised to cash in on its sizable crude reserves as sanctions are explicitted as part of the iran nuclear deal. but the saudis obsession with containing iran is costing them more than just oil profits. the kingdom is waging a costly war in yemen against houthi rebels riyadh believes are backed by iran, conducting air strikes against i.s.