boundaries home to the saudis. and the threat from hostile militants may be bringing back dark memories from the kingdom. back in 2013 al-qaeda launched a series of bra tall attacks inside saudi arabia, killing scores of people. the saudis responded by cracking down internally on hundreds of militants successfully snuffing out al-qaeda's domestic terror campaign. but the support for finances continue, and may be coming back to haunt the saudis. in may they uncovered a plot to kill government officials and attack national and foreign interests in the country. 62 suspects were arrested. almost all were saudi nationals, and according to the saudi state news agency some had been encouraged to carry out the assassinations by saudi isil members in syria. in response the saudi government began a campaign to stop it's own citizens from backing islamic terrorist organizations working abroad. especially those in syria. criticizing support for many groups, including isil. >> now it's 100% illegal in saudi arabia to accepted m

saud -- saudis. in may the saudis announced a plot to kill officials and attack foreign officials. 62 were arrested, almost all saudi nationals, and some had been encouraged to dary out the assassinations by saudi arabia i.s.i.l. member in syria. in response the saudi government began a campaign to stop its open citizens from backing islamic terrorist organizations working abroad. specially those in syria. it's 100% illegal in saudi arabia to send money to i.s.i.l., to encourage ideological support for i.s.i.l., and also it's illegal to go abroad to syria or iran to fight with i.s.i.l. >> in september, saudi arabia joined the us-led collision against i.s.i.l., in air strikes led by the united states, saudi arabia jets struck i.s.i.l. targets within syria, significantly on board one, was a member of the royal family. prince khalid bin sal men. it may be the clearest message to its own citizens that the saudis are serious about confronting terrorism. >> this week a saudi court sentenced 70 people to pr

is between saudi arabia, and iraq and iran.hose countries have been paying signals about wanting to increase production and share of the market, and an expectation that saudi arabia would make way, would reducists own production to keep the the market balance and create space. >> saudi arabia send in in the past to -- stepped in in the past, but this time analysts say saudi arabia is not budging. it comes as global demand for oil weakened and there's more supply. the u.s. is a reason why. it's not depending on imports as much as it used to, thanks to a shale boom. in 2005, for example, the u.s. imported roughly 10,000 barrels of crude a day. by 2013 it was 7700. if oil prices keep dropping will cash-strapped countries like libya, iraq and venezuela act on their own to cut prices further. >> the barrels are sold for less, and may force them into dropping for remaining buyers, because they need the cash flow. >> o.p.e.c. faces another test when it meets next month >>> o.p.e.c. may shrug off the latest crisis, we speak to an autho

can against saudi arabia.nt question. number one, there was no legitimacy. it had to take move key to come out clearly saying that -- boat was not part of islam, what they're doing is wrong, in the desert to be fought. so we have something. and the saudi arabian precipitation and admitted to the coalition that for the first time in history you have this huge number of countries acting, working together, fighting a state's tax that was created as a result of an unfinished job, a sectarian government that is taking a side. a political platform. the second point, it was, you know, a big, mysterious story. how come a small group, even 20 or 30,000 people takeover , we are hearing today is that we need to train, spend billions of dollars before we get into the liberation of the second biggest city in iraq. you know, this is something in the words a lot of us looking at it. but the participation blue, they have to show and participate with that. they have done good things as the region, strong alliances. we both agr

the saudis. in may the saudis announced that they had uncovered a plot to kill government officials and attack national and foreign interests in the country. 62 suspects were arrested. in response the saudi government began a campaign to stop its own citizens from backing islamic terrorist organizations working abroad, especially those in syria criminalizing support for groups including i.s.i.l. in september saudi arabia joined the u.s. led coalition against i.s.i.l. in air strikes led 50 united states, saudi jets struck i.s.i.l. targets within syria, specifically on board one of those jets was a member of the royal family, prince khalid ban salman. the biggest evidence that saudis are against i.s.i.l, ali velshi, al jazeera. >>> america voting early, how extended voting could affect the mid terms. people are... in ways that you don't get to see from the short appearances >> unconventional... >> if i can drink this... i don't see why you should be able to smoke that... >> unscripted... >> we gonn

so saudi arabia issued two things.one, they trie try this if you t to come back to your country, we know how many saudis there have been that accuse the government of trying to get out, want to join the. they said we will listen, go back to the embassy in istanbul, and over yourself the you will have their treatment, but then we be sure a sort of list that we have identified the terrorist. the second said you have 30 days, 60 days, if you come deliver yourself to the embassy. then you have a fair trial. and we put up all the reg q -- regulation to a look at the isis there was no leadership in isis from saudi arabia. there is a participant from saudi arabia. we have people from bahrain and other gulf countries but the majority was from north africa. you have the chinese and islamic operations there, and the chinese are met about, how come, you know? we lost the spring duck and the spring rolls but not isis. so the chinese have a problem there the germans, europeans, americans. but the big number came from north africa.

and so the iranians have asked the saudis to stop producing so much, but the saudis are very well aware that the iranians cannot handle that. practically the countries in it are experiencing different things. >> short answer, some places can't leave it in the ground. they just can't. >> yes. venezuela in particular. the vegetable government is on the brink of default. chavez and his successor ran up social policies, economic changes. they used their oil to bail out countries, cuba, and that's now coming home to roost. they spent money, it's now coming due, and the oil is not worth as much as it used to be. >> it's deeply devalued. they began to withdraw some of the subsidies on consumer goods, is the next step having to go to the barbados, haitians, others, saying we can't do it any more. we can't afford it. >> that's absolutely the case. but keep in mind that we can take a long-term view, and it's hard for venezuela to take a long-term view, this is a country that has resources greater that saudi arabia, and in the right leadership in a 10-year, 20-year horizon, it could be a powerhous

the saudis. in may the saudis announced they had uncovered a plot to kill government officials and to attack national and foreign interests in the country. 62 suspects were arrested. in response the saudi government gain a campaign to-- began a campaign to stop its own citizens from backing islamic terrorist organizations working abroad especially in syria for many groups including i.s.i.l. in september saudi arabia joined the u.s. led coalition against i.s.i.l. in air strikes led 50 united states saudi jets struck i.s.i.l. in syria. particularly aboard one of those planes was a member of the royal family, prince khalid ben kalam. ali velshi, al jazeera. >> a young israeli girl made history at jerusalem's western wall, one of the holiest sites of judaism. the first girl ohave her bat myths virginimitzva there. >> the small act of sing might overturn decades of are tradition. >> i'm trying not to get excited but this is the most exciting time of my life. >> sasha is practicing for her bat mitzva.

saudis just dropped production.ran and saudi arabia haven't exactly been friends for the last 20 years. they are two different sects they disagree on just about everything. and talk about iraq raising production, good luck with isis there. i think frac-ing may be behind this. what the saudis realize very, very clearly is the price we have to pay to frac oil is very high, and it is likely to go up. there was a little table published in the wall street journal, which you can get online. and it shows that 2003 peak production in a well was something like 800 barrels a day. in 2013 peak production in a well is something like 24, 2500 barrels in productivity. underneath they have what it takes to get oil production up threefold. back in 2003, it was something like 1/30th as much water. we now use 30 times as much water to get the production. >> so the saudis are betting that the price of the water is too much to pay, and by them putting oil prices down, it makes that a closer reality. >> exactly. because we cannot afford

for saudi arabia, the break even is $70. his team have cut their average $98 from $108. they have downgraded to $92 because of growing surplus. helima croft, chief commodities strategist, do you believe these numbers? >> i think some of the breakeven numbers are higher. some of the expenditures that i talked about, saudi arabia has had enormous ramp-up in the military. so in 2011, saudi bought half of all u.s. weapons put up on offer about $40 billion. it's not necessarily always in the official statement. >> but aren't you mixing appearles and oranges? in other words, you're lumping expenses that have nothing to do with the production of oil into the breakeven. if you look at the cost of -- >> we're talking about what it costs for a government like saudi arabia or rare. military expenditure and expenditure of foreign policy are the queue card of our budget and that's a huge driver. if you want to look at the true price you need to balance your budget in terms of revenue, it may be higher for some of these countries. >> as o

the fact is that the saudis have something to be worried about.the united states has, in fact, surpassed them in oil extraction. that is making things tougher for them, but i think the fracking industry and natural gas are here for long term. we don't have the to worry about that. >> from your lips to god's ears. thank you, gang. >>> coming up, talk about an unstable market. don't fret. besides this, your profits, coming up next.@? . >>> and we are back with stable stocks in a very unstable market. emac, abbott labs. >> and m & a target drug division, upward flow six years. >> and focus on it first. if it's an m & a target, the stock could really spike gentleman. >> maybe. sleepy stock good for heart patients. no rick that a sudden spurt in the stock price will make your pulse go up. >> talk about sleepy stocks, chevron, sounds like a sleepy stock to me. >> no, no. gone up a lot more. definitely a stock for people worried about rising dploogasol prices. >> no way. hasn't moved in three years. this stock is stuck where it was in 2012. >> contrarian

did this in 1998, when venezuela was looking to sell more oil here at the expense of the saudis, saudis taught them an expensive lesson and got oil back down below ten a dollar. sail thing here, the saudis saw their u.s.-bound exports fall to the lowest level in years, we're not importing any west african crude oil right now, that is nigeria and libya, they're worried. fighting for market shares saying we're trying to drive you out of business. >> so opec, the big oil cartel has a big meeting next month, what headline may we expect from them? >> the big headline is they will stand their ground and not cut production. the big thing, history repeat s itself, the same thing happened, they didn't cut. >> very quick point on the oil stocks, the services company, the exploration and producing, what will happen to their shares? >> you have to stay away, this could put them under, and potentially, some of them are very highly leveraged. a lot of borrowing because of the slow oil price, you have to get out. >> thank you very much. >> despite lower oil prices and influential federal reserve polic

the fact is that the saudis have something to be worried about.the united states has, in fact, surpassed them in oil extraction. that is making things tougher for them, but i think the fracking industry and natural gas are here for long term. we don't have the to worry about that. >> from your lips to god's ears. thank you, gang. >>> coming up, talk about an unstable market. don't fret. besides this, your profits, coming up next.greenlin do for y? just take a closer look. it works how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement. and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review. . >>> and we are back with stable stocks in a very unstable market. emac, abbott labs. >> and m & a target drug division, upward flow six years. >> and focus on it first. if it's an m & a target, the stock could really spike gentlem

that may be inevitable in saudi raid what i don't think, i would not give up on trying to get the saudis to develop influence in baghdad i would counter the influence of iran which is obviously pernicious and this helped to bring us to the situation, the secularism that the saudis basically walk away from iraq just a time when they could have done some good there. that's an example it seems to me what dennis is talking about working across the divide with people who at least in the case sure our interest, if not our values. >> and one less question right here in front, barbara slavin. >> barbara slavin from the atlantic council. thank you for a really interesting discussion. i wanted to probe more on that divided the cheaper seats over iran policy with the sunnis, dennis. why does it have to be a zero sum game? especially now with the, threat of the islamic state. we've seen high level meetings now between the saudis and the iranians. we have a team in place in iran that has had reconciliation with the saudis in the past. is it possible to have an iranian nuclear deal and a common fight

as for the question about saudi arain why's role, saudi arabia has announced publicly it is taking place on a daily basis of those terrorists to -- people in iraq and syria. >> do you think isis can be defeated? >> i think the question is not whether or not isis can be defeated or not. we have no choice. this is not really an -- abe rab based situation or a u.s. based situation. this is a national community situation whereby isis has to not only be defeated, but eradicated completely. >> what do us to those out that who say saudi arabia has had a history of supporting and funding extremists particularly in syria, for example? do you believe saudi arabia should take some responsibility for isis being formed? >> well, the whole world has to take responsibility. there is no doubt there are some saudis like there are some people in united states, like in europe, in some other countries who are really support these terrorist groups. but maria, saudi arabia right now has active -- not only their talking, but they're following the words with deeds. >> let me turn to the price of oil. you have o

i think saudi arabia is the absolute kingpin of opec.e past welcomed the advent of shale drilling, you know, more oil, will help supply markets, help balance markets but they may may now be coming to see it as a direct threat hitting closer to home. >> is there much shale producers or oilsands producers can do, they are working every year on bringing the cost of their production, but certainly in the oilsands world there is infrastructure there. in the shale world there is building out to do. a lot of front end cost to get oil out of the shale. >> i don't think a lot of analysts would say that everybody at 80-dollar oil you would see an immediate reduction in shale production. you know, it takes a while to move around these rigs to make the big investment plans, to go forward, we are not going to see some immediate pairing back in that level of investment. but over the medium term a year or two out, you could see some of the big investment programs paired back. >> what an interesting conundrum for my viewer who could really grow to enjoy

financing may now be coming back to haunt the saudis.n may, the saudis announced that they had uncovered a plot to kill government officials and attack national and foreign interests in the country. in response, the saudi government began a campaign to stop it's own citizens from backing islamic terrorist organizations especially those in syria. criminalizing support for many groups including isil. in september, saudi arabia joined the u.s. led coalition against isil. in air strikes led by the united states, saudi jets struck isil targets within with syria, significantly, onboard one of those jets was a member of the royal family. >> it may be the clearest message yet to it's own citizens that the saudis are serious about confronting the threat of islamic terrorism. ali velshi, al jazeera. >> ahead, marking 300 days our al jazeera colleagues have been held behind bars in egypt. for doing their jobs. program today marks 300 days since al jazeera journalist were arrested on false charges in egypt. lit be another two months until an egyptia

>> i think that's very significant given the saudi's place obviously in the muslim world. fact that they are willing to work against isil and not go after assad, who they have been trying to, you know, displace for a number of years. so i think it's very, very very significant that they are part of it, regardless of how big of part they play, i think psychologically it sends the right message to the muslim and arab world. >> it sounds like everybody is designed to the fact that kobani and northern syria right on the border with turkey will fall to isil forces at some point. they are prepared, it sounds to sacrifice kobani. how much of an additional complication is the fact that turkey has its own conflict with its own kurdish population? how does that muddy the water still further? >> oh, it does. there's no doubt about it. because the turk's main objective is to get rid of assad, and prevent the pkk, which is the kurdish group that has been branded as a terrorist from getting more fighters which they might if the kurds are able to stay in kobani. >> thank you very much in

this month saudi arabia lowered prices to asian countries by a dollar.lowed and cut the price by $0.65. if opec's members keep operating out of sink, that could further push down the price of oil below $80 a barrel. >>> opec's next weeking is in vienna november 27th, so unless the cartel resolves the probably then, you could have lower prices through thanksgiving. opec's share of world markets is shrinking. according to josh snare who joins me now. shell might be part of the problem, because for one opec has some real competition. it's not just a matter of opec turning down the taps and knowing that oil prices will go up. we have a world where other players can produce oil and keep the price low. >> absolutely. but shale production tends to cost more than what it costs in saudi arabia. so love frac-ing or hate it, there has been a revolution in oil production in the last few years. the saudis may be saying, hey, welcome shale producers, but i need market for my own oil. >> right. so the truth is if you are drilling this saudi arabia, which is very simila

saudi arabia supports a welfare state. is that threatened by the .ecline in price somewhatsome's desk controversial inside said he read it. one of the leading billionaires wrote an open letter to the oil minister a couple of weeks ago. he said this could be a catastrophe at the prices keep going down. government to the keep prices up by cutting production. said anything like that before in saudi arabia. this was a member of the royal family. it is highly unusual. think it would be a catastrophe for the economy or the spending level of the $80rnment to have a oil at or $75. it is clear that there is a debate within the royal family about whether they should cut production in order to keep prices up. at a how this is going to turn out. i think it has a lot more to do with what the other opec members are willing to go along with. if they are not, i think the will maintain their production level, which is going to force down a prices considerably below $80. >> what was the concern? >> i could not figure that out here it i thin

defense contractor that employs the victims is supporting the saudi national guard and saudi arabia is u.s.-led air strikes against isis. the saudis are also facing the same home grown terror threat as the united states because hundreds of saudi citizens have gone to fight for the islamic state and the fear is they'll return home to carry out attacks. there is also huge anti-western sentiment in saudi arabia, and there have been many terror attacks over the years. in 2003 car bombs@ exploded in riyadh residential compound killing 36 people including 7 americans who all worked at vinnell arabia. today secretary of state john kerry was asked about the safety of other americans in saudi arabia. listen. >> i can tell you that we're in the process of evaluating our security posture. we're going to stay in very close touch with the saudi authorities and make our judgments accordingly with respect to any other personnel. >> the names of the american [unejrp+e not yet been released nor has a possible motive. megyn. >> trace, thanks. >>> you heard brit hume a moment ago. the white house saying

the saudi's are potentially vulnerable at home.n groups like the islamic state will say that they need someone other than the house of saud running saudi arabia. at some point, they will have to deal with this in a military-police way and they will have to introduce reforms. >> when i look at all the different threats the royal family has, there is a must a political exhaustion. do you sense that there is a new generation? i don't see it. >> you have a real succession crisis. is 75.youngest guy it is a generalization. >> it is like the soviet union in its latter stages. >> should we be holding saudi more accountable? >> the whole basis of saudi arabia is the house of saud with the political power and you let the religious establishment run the society and the education. for years and years, the principal funds going into religious education around the world have come from saudi arabia. we are seeing the bitter results of it. >> the breaking price for crude is creeping up. >> absolutely. saudi arabia has one of the fastest-growing p

on the issue of saudi arabia and iran, i don't see why the saudis and the iranians cannot, cannot cooperate on isis, for example. that does not mean that they're going to see eye to eye on all issues, and certainly they won't, and certainly there's a lot of differences over iran, over sunni/shiite issue, over nuclear issue, over security, etc. but we've seen stranger bedfellows before when it came to certain issues, and i don't see why -- i'm not saying they will, but i'm not -- but i don't see why they won't cooperate on a limited matter. >> why iran was not included despite the uni havation of the secretary -- the invitation of the state department, i think it's very simple. iran refused to consider to see syria -- [inaudible] and second, they do not have an air force capability, can join the psalm coalition. what they have is old equipment, old air force, cannot join with such thing. can they participate in the ground support, i think they are part of the problem and not part of the solution. it's iran who really -- iran number one, and u.s. number two. if iran did not -- [inaudible] in

with saudi arabia and iran i don't see why the saudis and iran cannot cooperate with isis for example, they will not see eye-to-eye and all issues certainly there is a lot of distance over the shiite issue but we have seen stranger bedfellows before and i don't see why. so the manner it will not extend to other issues. >> but at the day's and second to conjoin the same coalition and they're part of the solution. but did is iran number one benefit did nothing to that extent to have created these issues in such a way maybe to the provide something maybe to have mobile ability or the muslim she at a better perspective. >> the next panel will focus on iran with more detail but would you say having which draws support from maliki was crucial inside of iraq? >> supported twice and iran supported that a fully with the fall of '86 and today with protection a higher political position to be immune from any legal case and in reality he is protected from the strong movement. >> host: we can take some more questions. >> i have just heard american policy is not clear. i am from the national defenc

how do wedeal with the saudis? >> expect what a competitor does.grab back the business they lost to rich karlgaard's friends in north dakota. i don't think 's bad as rich does. it's expected this will help the economy. >> hlp the economy, mike, but perhaps hurt u.s. producersnd hurt our ability to becom independent. >> well, david, the pricef oil has fallen primarily becau the dollar's gotten stronger. it'snot going to hurt the profitable area of u.s. production are oof oil. not from fracking but the atlantic shelf. pric are lower. very profitable for u.s. producers. >> but sabna if it does hurt frackingome say it will, i think it's atwo-for for the president of the ited states, right before the election, price of gas goes down and he gets to help kill off the fracking siness, because you know he hates that right? >> well, you know, you may be on to something, anyou know i'm a big supporter of fracking. th bger issue, this is good news, because it means that competition means it will be better prices for the consumer, for business, economc growth a

saudi arabia has always had a role to play in yemen. the houthis could be referring to all of these parties, you know, they announced, they always declare their hatred and towards americans and accused saudi arabia in metaling in the affairs of yep inning. yemen but the situation is much more confused and complicated than that. during the last few months there were also local accusation that his saudi arabia was not really opposed to houthis coming here and deposing a and deposing the muslim brotherhood movement. they have been opposing them in egypt and other parts of the region. it's a very complicated situation and we have only to wait for the houthi reaction, the official reaction tomorrow to into see where things are going to be heading in yemen in the next few days. >> good to hear from you, thank you, mohamed live in yemen's capital. >>> we have this coming up on the news hour. skyscrapers towering over macha where some archeologists are fearing that ancient islamic history is being destroyed. plus. >> reporter: i am daniel lack

that is the dilemma for saudi arabia. the higher prices are the more you are basically bringing on new plays in north america and potentially all over the world. it is a problem over the medium term. what do you do about the global shale phenomenon? >> do you think opec as we barrel towards november 27 you think the credibility is shot in the meantime? >> i think opec is watching closely what happens in the nuclear negotiations. if you get a deal on november 24 and potentially 700,000 extra barrels on the market you will have some producers screaming for a cut. >> how low is oil going to go? >> i think potentially we could move a leg down if we get a good deal on iran. i think the pressure will be back on saudi arabia, on kuwait to defend the floor. the middle east is a mess. >> you keep saying defend the floor. i guess my previous question was can they? are they impotent? >> i think at this point if they took a million barrels off and you had seasonal demand pickup it could swing back. i don't think the price environment

. >> saudi arabia has banned pilgrims from the worst-affected countries from taking part. >> saudi arabias one of the countries taking part in u.s.-led airstrikes against islamic state, and militans have vowed revenge. >> every year, millions of muslims make the pilgrimage to mecca, but today there is an air of caution. many fear the possibility of a terrorist attack. >> they are basically just using islam for their own benefit, to push their own agenda. we will be fine. >> saudi arabia has put thousands of troops on high alert, but no number of soldiers can completely eliminate the possibility of a terror attack. and there is another potentially bigger concern. many programs are wearing face masks, a precaution against ebola. >> of course, we heard ebola from african countries, that's why i am also afraid. >> saudi officials have taken special measures to prevent a possible ebola outbreak. many hospitals have set up additional quarantines facilities, and saudi authorities placed strict conditions on pilgrims entering the country. >> the ministry of health is working hard, trying to put a

i ran on the one hand in saudi arabia on the other.in other words staunchly shiite regime in tehran versus saudi arabia and a constellation of staunchly sunni regimes based primarily in the persian gulf but drawing in turkey and other countries. along with this regional axis came smaller powers on the side of a rant hezbollah in various shiite iraqi brigades on the side of the saudi and its allies groups such as muslim brotherhood al qaeda etc.. that's the second layer of the conflict. the third layer of the conflict was what i like to think of as a renewed lobo cold war and here the strossen complex and conflict zones in other parts of the world as well as the middle east notably in ukraine. here the axis to keep in mind is that of russia versus the united states and more broadly the european union. this axis of complex followed a vigorous dramatic axis assertiveness under president putin on one hand versus what we might characterize as an exhaustion with robust and muscular foreign policy on the part of united states government. so t

the saudis, etc. what were they doing?y were so determined to take , what didid --assad they do? they poured hundreds of millions of dollars and 10,000 tons of weapons into anyone who would fight against al-assad, except for the people who were being usra and alre al n qaeda next to missed elements of jihadis coming from other parts of the world. >> that is vice president joe biden. he is apologized for these comments. i want to get both of your responses. patrick cockburn three wrote a piece -- clergy they blame the kurds he for isis. isis is the ideology of ofy similar to the very end his long, which is prevalent in saudi arabia -- of islam, which is prevalent in saudi arabia and hostile to shia and muslims who do not have the same tenets, as well as hostile to christians and juice. in many ways, what isis believes .s the same carried to its logical conclusion that she are just not non-muslims, but they are police gifts who should be killed, which is what isis does. there is a very strong connection in the ideology of sa

bad for saudi arabia. >> the i.m.f. estimates saudi arabia needs about $83 a barrel to break evenots budget. but saudi arabia has a lot of currency reserves and very good credit. they've run deficits before and she they could withed stand it for some time. lower prices, while it would reduce saudi arabia's income, it would actually probably hurt some of their big rivals more like iran or russia. so, you know, there's-- analysts are sort of split. is opec just not hanging together or is there a camp that thinks maybe saudi arabia is all right with the prices being lower. >> sreenivasan: what's the upside here? when prices fall at the pump, consumers in the the united states actually feel better about it because they're paying less at the gas station, but what are kind of the economic ripple effects when there are low low gas prices? >> this is about the the equivalent of a $500 or $600 tax cut for every household and that's money that will basically be spent right away. so many mirns live paycheck to paycheck and spend e

now in saudi arabia, one american citizen has been shot dead and another has been wounded.ir car was fired upon as they stopped at a gas station near the stadium. police say they don't know the motive of the attack yet, and that they have arrested a suspected gunman who is saudi, but born in the united states. we'll bring you more on that story, because is it only about an hour or so old, as soon as we get it. >>> we have a lot more to come on the program. clineding remember the vote for independence for the spanish region of catalonia, well, it will go ahead next month, but it won't be the final say on the issue. find out why. ♪ ♪ >>> hello again. these are the top stories here at al jazeera. u.s.-lead coalition air strikes have targeted isil positions near the town of kobani. 21 strikes there have been over monday and tuesday. the u.s. military says it is slowing down isil. >>> at least 24 people have died in a suicide attack in iraq's capitol. this comes as amnesty international accuses the government of condoning war crimes in its fight against isil. >>> well that fight

with saudi arabia. with the houthis this year, they were said to be a terrorist group, and they said they will use force to prevent them from expanding in yemen. it's an extremely delicate situation for saudi arabia. but for the financial situation there, they think there might be a way out of the crisis in yemen, waiting to see what the houthis offer later. >> thank you so much. coming up, on aljazeera, symbolic moment for palestine's new unity government. holds it's first cabinet meeting in the gaza strip. >> members of palestine's unity government have held a cabinet meeting inside of gaza. it's the first since they agreed to a consensus government in may. the president and his cabinet ministers arrived in gaza after traveling through israel. >> we have huge challenges lying ahead, domestic challenges. giving priority to the national interest. this is a government of all palestine and the palestinians. therefore i demand all of the palestinian fictions join the government in the gaza strip and normal

saudi arabia plays a role.he other are happyin the gulf with prices at these levels. they could go further down. i'm not worried about it. i do think these are good levels for producers and consumers. >> john, thank you for joining us. "surveillance," a nurse in dallas has contracted ebola. tormaceuticals rushing create a vaccine to combat the disease. why has it taken so long to get a drug to market? we discussed. this is bloomberg "surveillance," on bloomberg television, streaming on bloomberg.com. we will be right back. ♪ >> this is bloomberg "surveillance." scarlet fu with tom keene. some company news. canadian pacific railway posing a merger with csx and is robust. -- is rebuffed. unclear if another overture is coming. the combined companies would of $62.5rket all you billion. a $4.9 billion for boeing. 50 747s to indonesia. a growing market. shares of fiat chrysler ready to make their debut on the new york stock exchange. under the ticker fcau. chrysler-fiat forms the world's seventh biggest automaker. 4