support for the saudis and saudi being the main exporter of what your ideology across the world which was caused so much extremism to grow across the world specifically because of saudi funding this is causing more and more animosity towards us among the shia of the shiites and i you know it's very interesting i mean if you look at al-qaeda you know the going after the united states nine eleven except here in the united states continues this relationship and it is same time talks about democracy but just not there that's kind of strange isn't it. well we have some very common interests with the saudi government a right it's a big oil producer we're both committed to maintaining security in the persian gulf well our all of our values and interests converge of course time and we don't have that kind of relationship with any country in terms of the democracy movements and arab spring sense a started the u.s. has promised promoted democratization and the arab world especially in countries like egypt now it's kind of accomplice that complicated situation in the persian gulf with saudi arab

donations, why saudi arabia is building mosques in europe. and child abuse, why british victims are speaking out now. it is official -- cyprus is the latest patient that needs an injection of aid amounting to billions from its european partners. in these times of crisis, it has become obvious that the small country relied on its fine it -- financial sector to much, and toxic loans and bad speculation eventually tipped to the banks over the edge, so now cypress wants to be bailed out by europe. in return, international lenders want cyprus to introduce reforms and strict austerity measures. these would involve job losses and pay cuts, which is bad news for many cypriots who are already struggling to pay their bills. >> a decade ago, this dancer and musician was a star in cyprus, performing in clubs or appearing on television every night. women were at his feet. they called him the palomino of nicosia -- the ballerino of nicosia. now he and his wife sit at home with their son. the family have debts they cannot repay. they have three loans adding

. >> the german government comes under fire for the alleged plan to sell tanks to saudi arabia's authoritarian rulers. >> happy birthday, sms. it is the 20th anniversary of the text message. >> israeli ambassadors have been summoned to various european capitals to face criticism over israel's plans to build homes in the west bank. the u.s. also slammed the mood as -- move as "especially damaging." >> israel's prime minister remains especially defiant. they announce the plans to build homes on friday in response to the plan to upgrade palestine to a non-member state. in the israeli ambassador -- >> israeli ambassador daniel taub. paris and berlin called in israeli envoys to express their opposition. they say that israel is sending an negative message in the midst of national -- international peace efforts. >> israel is undermining competency -- confidence. >> israel says it will build 3000 settler homes in eastern jerusalem and the west bank. also plans to accelerate construction in the area known as e1. that would further isolate palestinians in east jerusalem from the rest of the west bank, a

it's not easy for us as women to play football in saudi.we can't say that is illegal, and we can't say that it is legal. nothing is really clear. our society is a little -- it's a conservative society. so we can't go anywhere and play football at any pitch in the street. we are training now at the backyard of one of our team members. we started the team because we wanted saudi women to start playing sports, not just to get thin or to go to the gym to fit your body and that's all. no, you can play more, you can be a professional athlete, if you like. the biggest challenge is to make saudi society to accept us as female athletes. when will that be, that is a very hard question, because -- i am not sure, but i am feeling a little of acceptance at least from the families that are encouraging the girls to join my club, our club attahadi. they are thankful that we started something like that. now there is a place for their daughters to experience a lot of things and let go of the things that happen in life, you know, the intense feelings inside o

but the saudi desert was proving to be as barren as it looked. after six years of searching they found oil in saudi arabia and the rest is history. >> the subsidiary that they formed for oil in saudi arabia changed their name for aramco. they gathered for a reunion and among them was sam ranco who shot film back in the 1930s. standard oil showed some of his footage. >> all you could do is dawn the red sea by boat to disembark in jeta. this was inside of jeta it was a wild town. there's probably a four lane road right where that site is. >> exactly, exactly. >> there's the water carrier. five gallon cans. here's the sprinkling man. working for the municipality. the trip was a survey to find out to look at the logistics of moving saudi arabian crude, the discovery had been made. there were limited markets east that had been supplied mainly from indonesia then the east indies and this was a case of standard of california -- >> excuse me that's the gate. >> that's where your got your pass to leave. >> yeah, to get out. >> i take it you didn't get out

i was using saudi money in our elections. well i did an investigation for the nation magazine back in august looking at how corporations have taken advantage of the citizens united campaign finance landscape and my investigation led me to trade associations rather than super pacs the trade associations have been the ideal vehicle for corporate money in this election because they can act like super pacs funneling money to advertising to a candidate committed to a campaign committees but they don't have to disclose any of their donors so chevron eighteen t. all the big fortune one hundred companies have been giving money to trade associations not super pacs when they want to get directly involved in campaigns largely because they don't want their brand associated with dirty partisan politics but as i did this investigation i found that several large trade associations have foreign leadership and one in particular the american petroleum institute actually has a board member who's not only a foreign national is actually a foreign

navy earning its leaders the support of both saudi arabia as well as the u.s. so while the u.s. government condemns the actions in syria many allege it's also sending arms to bahrain to quell the violence there r.t. international correspondent alexei euro cesky brings us the latest report from this embattled nation when it came to supporting calls for democracy in middle eastern north african states while denouncing government sponsored violence leaders of the west were vocally critical remarks about the has lost legitimacy to lead and he must leave out of a very clear message for president the senate which is it is time for him to go but when scenes of violent clashes between riot police and reform complainer scame from bahrain the definition of democracy shifted and there was a suspiciously muted response in the summer the us state department came up with a statement expressing its concerns over the human rights situation and alleged torture in bahrain this was only several months after washington had restarted weapons sales to this gulf state. dissenters in bahrain have been

the center is named for saudi king abdullah and is part of an arrangement between austria, saudi arabia spain, with strong support from the vatican. the center's board includes three christians, three muslims, one jew, a buddhist and a hindu. some have opposed the project arguing that saudi arabia practices a radical form of islam. >>> there was backlash after the church of england's failure last week to approve a measure that would have allowed women to serve as bishops. the current archbishop of canterbury rowan williams and his newly named successor, justin welby, both expressed their disappointment. some british politicians have suggested the church should lose its tax-exempt status for violating antidiscrimination laws. church leaders meeting this week called resolving the issue of female bishops a "matter of urgency." >>> meanwhile, at the vatican last weekend, six new cardinals received their red hats, and for the first time in many years the group did not include any italians or other europeans. the new cardinals came from colombia, india, lebanon, nigeria, the philippines and t

and yet, the opec stats themselves and saudi stats themselves say the usda -- that saudi arabia is taking oil off the table. what's the truth? >> again, it would be most improper me to talk about a fellow colleague's country at this point. >> reporter: one last comment. what about the secretary general? would you like to see him continue? >> he's been a very, very good secretary general. however, again, these are issues that we have to determine. >> reporter: you are so kind. it's absolutely freezing. see you soon. thank you very much, indeed. that was the nigerian oil minister. i think she has a scoop. she hasn't talked to anyone, no one's talking before the meeting. worldwide@cnbc.c our guest is the president of the prestige economics. jason, thank you very much for stepping aside for an oil minister. i think you understand. is saudi taking oil off the table, or are supplies growing as the i.a. data might imply? >> i think the situation is you have a well-psupplied market. oced demand is continuing to fall. the story of rising/emerging market, demand for transportation fuels, that story

collected -- and connected by a 25 meter causeway is saudi arabia, bahrain fifth big brother. the saudis sent troops across the causeway last year to help crush the first phase of the uprising. sunni saudi arabia believes that shia iran is making trouble in bahrain, which means it is a proxy battle field in their cold war. the u.s. faces a fleet here. all of that puts the bahrainis deeply inside the middle east pressure cooker. >> there are other forces and other people doing things that have deepened what has happened. there are national forces. >> you are saying iran? >> it can be iran. it can be others. and dissemination of sectarianism and hatred. we are doing our best to stop this. >> and bahrain is a barometer for the gulf. if the crisis cannot be solved by the country's politicians, bahrain will export trouble to the region, sharpening sectarianism and, a dangerous competition between the saudis and iran. >> killed a lot that is unresolved. the british government is to pay more than $3 million to in libyan dissident who claims the intelligence agency mi was involved in

saudi arabia disputes that. >> talking about u.s.erves of oil shale in the rockies and they're there and trillions of barrels. insanely expensive to produce. oil intense sieve. you can count them but stretch to count. melissa: if he dies what happens to oil the next day? how nervous are the markets? how big of a deal is this? >> that's a good question. i think the markets would be reasonably nervous and i tend not to think that way. melissa: yeah. you're a very calm guy about this stuff. >> here i am but -- but i do think that given that. pede investment as is hold by spit and bailing wire and. on other hand people who will be most cared are chinese get half a million barrels a day for loans of the cubans get it essentially for free. they have to be really worried. i always thought the venezuelan output was always hanging by a thread and even death in short term of mr. chavez wouldn't fix that. melissa: it will be fascinating to watch. wow! john kingston, thanks as always. terrific. >>> time for today's fuel gauge report. oil prices

the saudi arabia which is the main troublemaker in the region which was caused. to become such. a haven for extremists. this is also the case in syria were because of so the funding and precisely because of so do support you have all of these judges pouring into syria. the u.k. government has given the green light to a controversial guest drilling take me known as fracking it's heavily criticized for its destructive environmental impact including causing massive water pollution i just want a boy has more. drill is the only company with a license to conduct fracking in the u.k. but that's all set to change now that the government has given its blessing for the quantum virtual method of extracting shale gas from underground already operates several wells here in lancashire but the divisive technology was temporarily banned last year and with good reason to the fracking taking place cause minor earthquake i've never felt like it was terrifying i'll be honest with our local and he's doing very little he said i don't know a lot about it. well he should know all about it you're going

arabia where not the government of saudi arabia but saudi subjects who have financial resources and they are financing them so i'm not surprised that they are on the ground in syria they have contributed to the failure of the ceasefire brokered by a lot of the early brahimi the special u.n. arab league envoy to syria six weeks ago and they continue to be there my question to the free syrian army why do you need foreign fighters when you have a case that you solemnly believe in and you have the public support this isn't an answer to question are we seeing a new iraq. once more in syria or what's happening exactly these are lots of gray areas that the syrian opposition need to address immediately and not a day after we have seen in egypt after the fall of the mubarak regime and the rise of the islamic fascist group of the muslim brotherhood and the elected president morsi who is one of the leadership how egypt what is drifting and the demonstrations we see today in cairo are the biggest example of that the people that the nations are not going to tolerate anymore fascism in the name o

s the secret service with money from cutter the most of the of these death squads are paid for by saudi arabia they take orders over the television from a guy called a ruler who is a a crazy fanatic and now we've got the new one which is the u.s. backed one the new syrian national coalition a new puppet group paid for by the u.s. organized by ambassador robert ford who had been the u.s. ambassador to damascus he's a guy who learned the death squad technique from the past master from negroponte in central america and then and in baghdad and concerning this syrian national coalition the head of that is a very interesting guy he's an anglo dutch agent he's a british dutch agent he's an executive of royal dutch shell he's a lobbyist for royal dutch shell he's kind of like cause i remember karzai in afghanistan was union oil this guy is royal dutch shell so there's nothing syrian about this in other words these are foreign fighters it's what you would have been called the cia secret army in the old days i wanted to play a couple clips that are just all too reminiscent of that they are iraq p

there is also a massive expansion of a big refinery down in texas, that the saudis are working on with royal dutch shell and the industry is refiguring the infrastructure zero to get more of that mid continent middle of the country oil down to the gulf coast where we could see a tremendous price break next year. >> that is really amazing stuff, let's look at some of the numbers on gas and oil and your outlook, i will put them up here for gasoline prices. they got as high as almost $4 a gallon in april, they are now at $3.30 as we were reporting, you are predicting $2.85 in 2013, so getting below that critical $3 level. looking at oil prices, the high this year, $110 a barrel, they are now hovering in the mid eighties, you are calling for $70, maybe $60, i see some estimates for $50 oil, how realistic is that? >> it is very realistic. you know, it is funny, we are so accustomed in the past decade or so to being on the edge of the oil equation and by that i mean, we are just -- things are tight, shortages almost if there was any kind of upset in the middle east prices would react violent

flow through the constant flow of weapons and cash into syria by certain western states and turkey saudi arabia and qatar if you mention israel there and there recently there have been several red lion warnings coming from israel that the hezbollah are syria and iran what could be behind this war rhetoric. well of course israel has a legitimate concern and rightly so one need warning about chemical weapons falling into the wrong hands of course their main in overwhelmingly the militants in syria the israelis and not concerned that the syrian government would use chemical weapons against issue out there. we are very concerned that the militants in syria would use them if they acquired them and that's why if the west is not going to listen to the syrian government then it should certainly should listen to the concerns of issue zero what we're talking about the rest of the u.s. and its allies are adamant that asaad must go wouldn't removing the syrian government or increase the chances of chemical weapons perhaps ending up in the wrong hands well of course president assad being removed from

they want a poor man's saudi arabia.ese are, with variations these are shia-based regimes, especially the saudi regime. their goal is to have pure islamic societies and not westernized societies. the naivete on part of this administration is just stunning. the thought that they actually believe if we convince the saudis and the qataris to arm the rebels that they would arm the good guys as opposed to arming the bad guys? and you know the only good thing i can say about all this, if we were smarter, we would recognize the fact that all these. >> dodd -- jihadis coming together in sir was, a good chance to take them out after assad falls. jihadis are bottom-feeders. they go where they ever they can do the most damage against westernized ideas. that's why they're in syria. megyn: this reporting, i should tell viewers we were sending arms to saudi arabia and qatar and other countries going into the hands of the bad guys, of the al qaeda related groups, that comes from "the new york times" which has done a couple of in depth

this video is from saudi arabia. you see a trail of fire and more fire. this was the crash involving a tanker full of gasoline and as you can see, it left a trail of fire. >> it looks like this goes on for yards and yards and yards. >> it goes on for a really long time. there's another video of the same incident which shows just how big this crash was. >> i bet you that tanker ruptured and just took a long time for it to come to a stop all thewhile,iroad. >> and the smoke that it's causing and filling the skies of this part of saudi arabia. >> you know, i thought it was nighttime until we got to this one scene with all the smoke. >> no. it's just all covered in black smoke and that's what it looks like it's night. >> it's a horrible accident but a spectacular sight. i'm afraid that people get hurt too? >> some people did suffer minor injuries. one of the drivers involved did not survive the accident. >> you don't see trails of fire like that except in a war zone. >> storm's over. now time to dig out the car. >> this is fun. >> see how long the fun lasts,

assistant secretary of defense also a former years and messenger to saudi arabia it's great to have you with us or today it's a privilege right so operation pillar of cloud that israel has carried out in. both israel and hamas are claiming victory could do you think is the winner i don't think israel is the winner except in one sense and that is it demonstrated that the iron dome missile defense system will work otherwise in the arena of public opinion internationally in the region it lost heavily. nobody likes to see advanced military aircraft bombing civilian populations which is what was happening. and of course this energized egypt diplomatically in a new way and it generated a lot of support for the palestinians in gaza. despite the fact. many of the governments that came to visit sent their foreign ministers here to gaza for example don't like hamas at all in fact they fear it so it clearly strengthened the . how matz both in the palestinian territories and in the arab world politically and i think that's a victory for hamas and a defeat for israel but israel invokes the right to

emigrate there are no saudi americans to speak of there are no pottery americans to speak of there are no amorality americans to speak up while they come to study in the states and then go back and study and they maybe have a vacation home and they enjoy the united states as a visitor but they don't. emigrate to europe cracked with throwing in two thousand and nine and not taking a position you know i don't know how i'm i didn't want to go back into the government i had given thirty years of my life to public service i thought that was plenty i was very reluctant to do that job and when i was publicly attacked in the way i was it became apparent that i couldn't do the job so the decision to withdraw was so simply a matter of logic and i don't regret it at all i have a good life a better life than i would if i were doing that i think i wouldn't consider taking another position in the government in the future no no i think i'd let somebody younger have a chance but. now i can't think of any position i would really like to do at this stage in part because at the moment our government is p

saudi arabia or archrival iran fighting for the top spot. lori: you heard dennis and cheryl speaking to house speaker john boehner taking to the house for questioning when president obama will "get serious in fiscal talks." there are just 20 days left until we are at risk of going over the fiscal cliff. let's get you updated on the market as we do every 15 minutes, stocks now. let's go to the floor of the new york stock exchange. the market having a good day today. nicole: indeed. we have been over the 13,300 mark but still holding onto stellar games, lori and melissa. so up triple digits up 110 points so really is a nice showing. 28 of the 30 dow components in the green. we heard from house speaker john boehner. the overall sentiment after he spoke is a few negative pieces of language in his speech that ultimately in the end he was trying to say they're trying to work it out. smooth it over, ultimately. they know a couple of trends we are seeing, technology, materiall, two areas coming under pressure recently starting to turn. europe seeing

through the constant flow of weapons and cash into syria by certain western states amateur jihadi saudi arabia qatar the israelis are not concerned that the syrian government would use chemical weapons against israel they are very concerned that the militants in syria would use them and if they are quiet then it could be a pretext that but the west issues in concert believe america to intervene in the syria they claimed in the run up to the invasion of iraq the reasons for going in iraq had weapons of mass destruction nothing was found intervene in libya colonel gadhafi forces we're told were going to. drown thousands and thousands of libyan civilians there was never any evidence for that then once again yes there's a very realistic possibility that the militants in syria could acquire chemical weapons and of course who would be responsible for that it would be those countries around the world in particular in the region turkey saudi arabia qatar and strutting western countries that are doing absolutely everything they can at the moment to weaken the syrian government. a court in bahrai

arabia to build up its major center of power and to keep its hands on gulf oil saudi arabia has become the armored base of the united states and increasingly the u.s. has has sided with the seventies now that the other big factor was going into iraq when the united states actually sided with the shiites thinking that they would be more arab than shiite but today by putting the shiites in the top in iraq iraq has moved on the side of iran creating the shiite crescent iran iraq the syrian government under our side which is shaky and hizbullah in lebanon and that alliance is the united states is hoping to bring it down and wants regime change in syria and iran and wants to get rid of his model so it has politicized to a large extent a sunni shiite struggle with saudi arabia and turkey being the two pillars that increasingly egypt the pillars of a sunni arab world against against increasingly iran and iraq ok move it what do you think about that and is it a good strategy is it going to work. well no it's not going to work because you don't from this equation they're making a lot of problem

some ways this conflict in syria is a proxy war it's a proxy war between the united states and its saudi allies on the one hand backing the rebels and the iranians backing the assad regime now if all assad goes dare say that there will still be countless supporters of all assad and helped countless supporters of his regime and there will probably be massive bloodletting on both sides and that's what the international community is basically pushing itself towards right now i want to just briefly does the implications of what happens could happen inside syria what are the implications for the region as a whole well there is a continued growth of the so-called office trend that emerges from saudi arabia these religious conservative radicals who have in the first place a particular animosity towards women and it seems to me that whatever happens in syria internally this trend will continue to proliferated not least because there's not sufficient pressure on the saudi regime to stop it paint a grim picture it's very interesting to hear what you say thank you very much indeed live from new yor

or verifying exactly the crew thought of this although some sources say that they were people with saudi accidents being heard inside this video all of this is extremely disturbing footage again no way of verifying its authenticity but it certainly does show that tensions on the ground are increasing and increasing and alarming rate. more know from the heights of a member of the syrian social club in london the group pushing for peaceful reform in syria very good evening sir thanks for being with us from u.s. sources say the washington's training rebels to secure a little chemical weapons if the syrian government falls do you think that's a first step towards intervention. well good evening to you and to your viewers first of all but i believe washington was doing many things before i mean this propaganda came out now and incitement about the chemical weapons despite the syrian government sending many letters to the united nations to the secretary general back in moments of assuring him if there is a chemical weapon in syria they are in the same path as us i mean outsiders and i'm not sp

this video looks like it's coming out of saudi arabia. beau with some greyhound in him.. >> what? >> is that a lion? >> beau just keeps barking and then lays back down where he was. >> beau figured out the length of the lion's leash. he's right on the edge. >> he knows how far he has to be. >> it's all about confidence. you know the saying. i've said it before. it's not the size of the dog and the bite but the -- something about the bark. that's what i meant to say. >> that's it for us here at "right this minute." we'll leave you with pit bull's new music video that's blowing up the charts. it's called "don't stop the party." enjoy. we'll see you next time. [ singing christmas carols in background ] aunt sally's singing again. it's a tradition, honey. [ singing christmas carols ]

many people are not old enough to remember that reference but but here it is and this is the same saudi royal family that has funded textbooks that are distributed around the arab world that say that jews make make mots out of the blood of of arab children and that is basically a brutal and repressive dictatorship. or at least a kingdom shall we say not a democracy and shouldn't we be preventing foreign governments from flipping or buying our elections at a. well if this was them buying the election they did a terrible job i'm not sure that many of the causes that they found fareed while at all on election day but looking at foreign body coming into the political process. on a low i think it's much ado about nothing at all to see yeah i really think it is it appears that the obama campaign is accepting foreign contributions until they were called out on their system lacking the necessary security protocol i mean then they were going to go to abbottabad or dollar general i would never come out and show that they did not accept the foreign contributions over that it's equally horrible is

this seems to me the dangers of letting them get an atomic dog followed a the sunnis in saudi arabiaand egypt is much greater. >> i agree with you. i would just add that we changed realities in the middle east. it did in the past come in the future and we just cannot wait and see what will follow it. we're very concerned concerned about iran today. >> time for three mark questions. >> vic to another. with regards to the atomic bomb, we believe that israel has added for many years. they've obviously never used it. i don't believe that any nation, which has any sense that i would ever dare to use that in the environment that is the middle east today. i think it is a preposterous notion. if you've ever been to hear it shina, you will see what that's an incredible devastation it is feared i don't think any nation can ever consider, nevermind the blessing they do on an ongoing basis. my question to you is i think a lot of basic obfuscation is as far as i'm concerned, what is that it to the palestinian people? what kind of future do they face? there was an attack from palestinian centuries

how can a saudi-led foreign entity fund a campaign commercial in america?, the citizens united decision in 2010 opened significant loopholes for these tiepts of problems -- these types of problems. essentially, everyone talks about super pacs. most of them -- most super pacs are funded by individuals. but citizens united also enabled trade associations which historically have been fund and led by foreigners on to act as a campaign committee. the only difference is that trade associations don't have to disclose during the election. so a lot of foreign -- >> jennifer: so it is even worse than what you would find from a corporation giving because a trade association not only can have foreign money but it doesn't have to disclose. >> foreign money and foreign leadership in the case of american petroleum institute where one of the board members is an actual registered lobbyist for the government. he's also an executive at the saudi state-run oil companies that helped fund the group. >> jennifer: okay. so is ammending -- is somehow going after undoing citizens un

you have seen the headlines that say, saudi america. we have this new found richness, new technologies to find energy. i have seen some estimates up to 3 million new jobs directly related to the energy boom. is it real? how unfortunate of a driver will that be for the economy? when you're sitting down trying to figure out what growth will look like in this country, how does a factor in? >> in a few ways. number one, if there's one thing i feel more optimistic than i did one decade ago, i had a book out around 2006 and i felt like, when you are out making the case for why there should be more location as opposed to china and india, you felt like you how the wind in your face. you have great meetings but then they pull your side and say, that's a powerful argument, but we're moving this to bangalor next week. there is much more of an economic case for people to be relocating and bring jobs back. some of that is about the way it is structured between us and china and some of it is energy. no doubt the future of natural gas is just making t