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it's a second lane for the suez canal. it has been around for about 150 years, and about a year ago, the president decided he was going to try and double the amount of traffic going down it. we had 72 kilometers of the second line a two-way highway of the suez canal. it has taken around a year to complete and at one point, 80% of the worlds dredging machines were here in egypt. now whether or not we see doubled in number of ships actually using the canal in the future remains an open question. the government has some very demanding expectations of what this canal deliver, but with china slowing down, question marks our surrounding the numbers. security is incredibly tight. the canal borders this and -- so security is incredibly tight, which is why we are still in cairo, trying to get access to the site. president morsi was overthrown back in 2013, and ever since then, they have been fighting in the sinai. the government is really building up to this opening and hoping it will solve a lot of the problems that they face econ
it's a second lane for the suez canal. it has been around for about 150 years, and about a year ago, the president decided he was going to try and double the amount of traffic going down it. we had 72 kilometers of the second line a two-way highway of the suez canal. it has taken around a year to complete and at one point, 80% of the worlds dredging machines were here in egypt. now whether or not we see doubled in number of ships actually using the canal in the future remains an open question....
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Aug 7, 2015
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the original suez canal took 10 years to build. channels 12 months to dig, employing more than 40,000 workers and soldiers labouring around the clock. ahead of inauguration the egyptian government promoted the new-look canal, describing it has a channel of prosperity. some have celebrated the opening. only egyptians have been allowed to invest in the project and expect to see a share in the prospects. it could be more than a year and the government hopes the channel will double the toll and refloat the economy. while deep social divisions remain in the country, the great egyptian theme may be wishful thinking >>> when the original suez canal was built 150 years ago it link said the mediterranean to the arabian sea, before the canal was built ships had to travel around the horn of africa. the canal was under egyptian control until it was nationalized. our guest is a member of the rule of law association. is this as neave barker said - wishful thinking altogether or would it be a boom to the economy, not quite what abdul fatah al-sis
the original suez canal took 10 years to build. channels 12 months to dig, employing more than 40,000 workers and soldiers labouring around the clock. ahead of inauguration the egyptian government promoted the new-look canal, describing it has a channel of prosperity. some have celebrated the opening. only egyptians have been allowed to invest in the project and expect to see a share in the prospects. it could be more than a year and the government hopes the channel will double the toll and...
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. >> sailing on the suez, welcoming the first vessels. >> fighters from the islamic state of iraq and the levant have claimed responsibility for a suicide attack on security personnel in saudi arabia. 15 people were killed in the attack in the town close to the border with yemen. at least nine soldiers were injured and are being treated in local hospitals. isil is becoming increasingly active in saws rain. it claimed responsibility for a suicide attack in may which killed 21 people. we have this report. >> this is where the attack took place. a suicide bomber managed to get into this mosque in the southern city, blowing himself up and killing police trainees. the governor of the province visited the injured in a nearby hospital. fighters from islamic state of iraq and the levant claimed responsibility for this attack. there were three others recently. 25 worshipers were killed in the heartland of saudi arabia's shia minority. last month, police arrested hundreds of suspected isil members and displayed some of the weapons which were confiscated. the saudi minister's interior said it st
. >> sailing on the suez, welcoming the first vessels. >> fighters from the islamic state of iraq and the levant have claimed responsibility for a suicide attack on security personnel in saudi arabia. 15 people were killed in the attack in the town close to the border with yemen. at least nine soldiers were injured and are being treated in local hospitals. isil is becoming increasingly active in saws rain. it claimed responsibility for a suicide attack in may which killed 21 people....
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Aug 6, 2015
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egypt's suez canal just reopened after an 8 billion expansio. the government has gone all out to mark the occasion, calling it a public holiday. some critics asked whether in this case bigger is really better. reporter: egyptian president at dell five. cc -- add dell five to all cc -- al-sisi presented the suez canal. guests celebrated with fireworks and military parades. cairo is trying to promote it as the mideast trailed new maritime super hub. they are hoping it it will become -- the 8 million project was constructed in months. >> the great people of egypt have prevailed on this effort with great physical effort and personal savings. reporter: the construction has been primarily financed their government bonds sold to egyptian citizens. egypt began the project last year to handle bigger ships and enlarge its capacity. more than 100,000 tons of g oods are shipped through the canal each year. the latest mega container vessels could not squeeze through. nearly a third of the can now has been expanded. two stretches were deepened and widened and
egypt's suez canal just reopened after an 8 billion expansio. the government has gone all out to mark the occasion, calling it a public holiday. some critics asked whether in this case bigger is really better. reporter: egyptian president at dell five. cc -- add dell five to all cc -- al-sisi presented the suez canal. guests celebrated with fireworks and military parades. cairo is trying to promote it as the mideast trailed new maritime super hub. they are hoping it it will become -- the 8...
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face off in a first presidential debate >>> also, bigger, better suez. egypt celebrates the $8 billion expansion of its canal. >>> we start in saudi arabia, where i.s.i.l. says it is spoible for a suicide -- responsible for a suicide bombing inside a mosque used by security. 15 were killed in one of the biggest attacks against the security forces in years. it happened in the town of aba, in the aseer region, close to the border with yemen. saudi arabia is part of a u.s.-led coalition against the armed group. i.s.i.l. is becoming active in saudi arabia, santa barbara report reports. -- hashem ahelbarra reports. >> this is where the attack took place, a suicide bomber got into this mosque, blowing himself up and killing police trainees. they visited the injured in a nearby hospital. fighters from the islamic state of iraq and levant claimed responsibility for this attack. they included a targetting of two shi'ite muslim mosques in may. in the eastern province. 25 worshippers were killed. the heartland of saudi arabia's minority. last month, police arrested
face off in a first presidential debate >>> also, bigger, better suez. egypt celebrates the $8 billion expansion of its canal. >>> we start in saudi arabia, where i.s.i.l. says it is spoible for a suicide -- responsible for a suicide bombing inside a mosque used by security. 15 were killed in one of the biggest attacks against the security forces in years. it happened in the town of aba, in the aseer region, close to the border with yemen. saudi arabia is part of a u.s.-led...
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Aug 31, 2015
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marine biologist bella galil says they came here through the suez canal.om of a much larger problem that could get worse with the canal's expansion. >> : "we have this corridor pushing in all the alien species who just push them out and replace them with a fauna which is not the native one" > >oren : take. for example. the rabbitfish. it eats only algae. which sounds innocent enough. but it gets its name because it reproduces like. a rabbit. and enormous schools of rabbitfish eat all the algae in a habitat. >> : "the habitat is like a cut forest - nothing could exist and those species lose their place in the mediterranean" >> : "it sounds like this enlarged suez canal is becoming a highway for invasive species to come through, it's like a corridor for invasion. a one-way corridor of invasion" > >oren : galil says the invasive species are opportunists. disrupting the food-chain and changing the underwater environment. >> : "there used to be a natural barrier in the suez canal - a barrier of extra salty water that kept marine life from passing from the red s
marine biologist bella galil says they came here through the suez canal.om of a much larger problem that could get worse with the canal's expansion. >> : "we have this corridor pushing in all the alien species who just push them out and replace them with a fauna which is not the native one" > >oren : take. for example. the rabbitfish. it eats only algae. which sounds innocent enough. but it gets its name because it reproduces like. a rabbit. and enormous schools of...
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Aug 7, 2015
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egypt's suez canal just reopened after an 8 billion expansio. the government has gone all out to mark the occasion, calling it a public holiday. some critics asked whether in this case bigger is really better. reporter: egyptian president at dell five. cc -- add dell five to all cc -- al-sisi presented the suez canal. guests celebrated with fireworks and military parades. cairo is trying to promote it as the mideast trailed new maritime super hub. they are hoping it it will become -- the 8 million project was constructed in months. >> the great people of egypt have prevailed on this effort with great physical effort and personal savings. reporter: the construction has been primarily financed their government bonds sold to egyptian citizens. egypt began the project last year to handle bigger ships and enlarge its capacity. more than 100,000 tons of g oods are shipped through the canal each year. the latest mega container vessels could not squeeze through. nearly a third of the can now has been expanded. two stretches were deepened and widened and
egypt's suez canal just reopened after an 8 billion expansio. the government has gone all out to mark the occasion, calling it a public holiday. some critics asked whether in this case bigger is really better. reporter: egyptian president at dell five. cc -- add dell five to all cc -- al-sisi presented the suez canal. guests celebrated with fireworks and military parades. cairo is trying to promote it as the mideast trailed new maritime super hub. they are hoping it it will become -- the 8...
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this year, revenue from the suez canal reaped $7.3 billion. they're aiming to double that figure in about eight years. they want a double the number of ships making the journey from 40 to 97. it's a project the government hopes will be a symbol for the new egypt. >> we can talk to the economist and chairman of the signet institute. this is quite an achievement for the government and people of egypt, too. >> it's a national probable. you've got to put it in context of the last few years of instability, the fact that -- very grand scale and done within a year and people here are probably rightly pride of what happened to be able to do this project and hence the grand fanfare and large ceremony today. >> we are looking at live pictures now of officials attending this ceremony. the very interesting element of this is that this has been funded almost totally by egyptian people themselves. >> this is interesting, because it's around eight and a half billion dollars and it was raised much of it from outside the banking system. egypt's a very large ec
this year, revenue from the suez canal reaped $7.3 billion. they're aiming to double that figure in about eight years. they want a double the number of ships making the journey from 40 to 97. it's a project the government hopes will be a symbol for the new egypt. >> we can talk to the economist and chairman of the signet institute. this is quite an achievement for the government and people of egypt, too. >> it's a national probable. you've got to put it in context of the last few...
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. >> we look at suez canal's strategic importance to egypt. record breaking in wickets meaning grand remain in the action. >> news from isil claiming responsibility for suicide bombing that targeted personnel in saudi arabia. it was a town in the south of saudi arabia, very close to the border with yemen where there's been conflict, almost a state of war for months now. nine soldiers were injured being treated in hole hospitals. isil becoming increasingly active in saudi arabia. we'll examine why later. it's claimed responsibility for a suicide attack on a shia mosque in may which killed 21 people. explosions in the last few hours. we have this report. >> this is where the attack took place, a suicide bomber managed to get into this mosque in the southern city, blowing himself up and killing police trainees. >> the governor of the province visited the injured in a nearby hospital. fighters from the islamic state of iraq and the levant claimed responsibility for this attack after three others recently. they included the targeting of two shia mu
. >> we look at suez canal's strategic importance to egypt. record breaking in wickets meaning grand remain in the action. >> news from isil claiming responsibility for suicide bombing that targeted personnel in saudi arabia. it was a town in the south of saudi arabia, very close to the border with yemen where there's been conflict, almost a state of war for months now. nine soldiers were injured being treated in hole hospitals. isil becoming increasingly active in saudi arabia....
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the original suez canal took ten years to build. the new channels have taken 12 months to dig employing more than 40,000 workers and soldiers laboring around the clock. the egyptian government promoted the new canal describing it as a channel of prosperity. on the streets of cairo some have publicly celebrated its opening. only egyptians have been allowed to invest in the project. they expect to see a share in its profits. it could be many years before ordinary egyptians feel any benefits. the government hopes the channel will double toll revenues basketball eight years and help refloat egypt's ailing company. while deep social and political divisions remain in the country the great egyptian dream may be wishful thinking. >>> more than 300 migrants rescued off the libyan coast will be transferred to various centers for refugees in italy. 25 bodies were recovered. it's feared up to 200 people drowned. rescue vessels continue to search the area where the boat sank. >>> campaigning is under way for sri lanka's election. the polls could
the original suez canal took ten years to build. the new channels have taken 12 months to dig employing more than 40,000 workers and soldiers laboring around the clock. the egyptian government promoted the new canal describing it as a channel of prosperity. on the streets of cairo some have publicly celebrated its opening. only egyptians have been allowed to invest in the project. they expect to see a share in its profits. it could be many years before ordinary egyptians feel any benefits. the...
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an expansion to the suez canal opens today.esident will attend a lavish party to mark an occasion hiking the government. aviation investigators say debris that has washed up on reunion island is from the missing malaysia airlines airplane. the wing has been tested by experts from malaysia, france, and following -- and boeing. >> it is my job that this confirmation, however tragic and painful, well at least bring certainty to the families and loved ones of the 239 people on board mh-370. francine: millions of londoners are having to deal with the second tube strike in as many months. members are staging a 24-hour walkout for better operating and online service, which has been suggested by the mayor. >> they would be amazed that this is not being properly looked into. it is a great deal. the drivers and the station staff. 137 drivers to do it. it is more jobs, more pay, and we did 24-hour to us in london. francine: we will be looking at more details on super thursday and if the torrent of data will lead to more transparency or le
an expansion to the suez canal opens today.esident will attend a lavish party to mark an occasion hiking the government. aviation investigators say debris that has washed up on reunion island is from the missing malaysia airlines airplane. the wing has been tested by experts from malaysia, france, and following -- and boeing. >> it is my job that this confirmation, however tragic and painful, well at least bring certainty to the families and loved ones of the 239 people on board mh-370....
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Aug 8, 2015
08/15
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ports, now across the globe the suez canal, which flows 8% of the world's sea trade just got bigger. it could mean a smoother passage for the shipping industry and the fragile egyptian economy. >> it was a historic day for egypt, complete with pomp and pageantry and a major political victory for the country's president. a new suez canal 22 miles long carved out of the egyptian desert in just under a year at a cost of $8.5 billion, all financed by the egyptian public. but with analysts already speculating that the government's figures are overly optimistic, a potential winfall of as much as $13.5 billion in increased revenues over the next five years, it's the economic zone's plan for around the canal that the government hopes will rake in the long-term cash. and it's that long-term investment and job growth that egypt so desperately needs. as gulf governments begin to tighten the pursestrings, the pressure is on president cece to perform. >> you can almost see the economic engine starting to rev up. >> deals announced in march with the likes of bp and start and a look at the guest bo
ports, now across the globe the suez canal, which flows 8% of the world's sea trade just got bigger. it could mean a smoother passage for the shipping industry and the fragile egyptian economy. >> it was a historic day for egypt, complete with pomp and pageantry and a major political victory for the country's president. a new suez canal 22 miles long carved out of the egyptian desert in just under a year at a cost of $8.5 billion, all financed by the egyptian public. but with analysts...
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Aug 6, 2015
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the big sources of foreign currency in egypt are tourism and the suez canal. the season of political instability that egypt has been experiences since july 2013 has had a very bad dilatorious effect on tourism in that country. so this expansion is hoped to lead to greater passage through the canal, more tariffs being paid by shippers and consequently more hard currency. the other thing they are hoping is this entire zone will become this industrial zone and they really have expansive plans for the development of that zone. the question is will they be able to pull these things off? there has been some speculation from a variety of analysts that projections of economic growth that are -- that the egyptian government is attributing that will come out of the canal are wildly optimistic. so it's still early days. the celebrations are significant, but it's still too early to tell whether there's a great deal to be celebrated. >> it seems to have become one of the great personal signatures if you like of president sisi so how far is his reputation riding upon the su
the big sources of foreign currency in egypt are tourism and the suez canal. the season of political instability that egypt has been experiences since july 2013 has had a very bad dilatorious effect on tourism in that country. so this expansion is hoped to lead to greater passage through the canal, more tariffs being paid by shippers and consequently more hard currency. the other thing they are hoping is this entire zone will become this industrial zone and they really have expansive plans for...
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this year revenue from the suez canal reached $7.3 billion. they are aiming to double that figure in eight years. they also want to more than double the number of ships making the journey every day from 40 to 97. it's a project the government hopes will be a symbol of the new egypt. >> drivers on london trains are on strike. this is the second time in a month. unions are unhappy at conditions offered to drivers working on the new night tube service. >> reporter: the strike starting on wednesday isn't the first time the current dispute has closed london's underground stations. less than a month ago there was a 24 hour stoppage. traffic into central london was almost at a stand still with many people walking long distances to get to work. as the latest tube strike causes more chaos many wonder why london grinds to a halt at times like this. >> one of the hidden problems of london, most the streets, they are very few big wide boulevards or avenues you find in other big cities. as a result, the capacity of buses, cars and other forms of transport
this year revenue from the suez canal reached $7.3 billion. they are aiming to double that figure in eight years. they also want to more than double the number of ships making the journey every day from 40 to 97. it's a project the government hopes will be a symbol of the new egypt. >> drivers on london trains are on strike. this is the second time in a month. unions are unhappy at conditions offered to drivers working on the new night tube service. >> reporter: the strike starting...
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. >> sailing on the suez, the newly widened stretch welcomes its very first vessel. >> hello fighters from islamic state of iraq and the levant claimed responsibility for a suicide attack targeting security personnel in saudi arabia. 15 were killed in the attack in a town close to the border with yemen. at least nine soldiers were injured. they are being treated in local hospitals. isil is becoming increasingly active in saudi arabia. they claimed responsibility for a suicide attack on a mosque in may, which kills 21 people. we have this report. >> this is where the attack took place. a suicide bomber got in this mosque blowing himself up and killing police trainees. >> they targeted two shia muslim mosques in may. 25 worshipers were killed in the heartland of saudi arabia's shia minority. last month, police arrested hundreds of suspected isil members and displayed several weapons which were confiscated. the saudi minister of interior said it stopped isil attacks on mosques, security forces and western diplomats. the kingdom has seen a surge in violence in the last two decades when al
. >> sailing on the suez, the newly widened stretch welcomes its very first vessel. >> hello fighters from islamic state of iraq and the levant claimed responsibility for a suicide attack targeting security personnel in saudi arabia. 15 were killed in the attack in a town close to the border with yemen. at least nine soldiers were injured. they are being treated in local hospitals. isil is becoming increasingly active in saudi arabia. they claimed responsibility for a suicide attack...
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jazeera, including celebrations in egypt as the president unveiled the $8.5 billion expansion of the suez -- canal. >>> and people are being diagnosed with dementia at a younger age. we look into the reasons why. ♪ ♪ ♪ ♪ get excited for the 1989 world tour with exclusive behind the scenes footage all of taylor swift's music videos interviews, and more. xfinity is the destination for all things taylor swift. ♪ >>> hello again, these are the top stories here at al jazeera. a suicide bombing in saudi arabia has killed 15 people and wounded nearly a dozen more. that's according to the interior minister. the attack took place in the southwestern province. >>> seven civilians have been killed by shell fire on a market in fallujah in iraq. increasing numbers of civilians are being caught up in the cross fire as the city is fought over by isil and the iraqi army. >>> chinese relatives of missing passengers from malaysian airlines plight 370 are demanding answers in beijing. they don't believe reports that the debris that has been found is from the missing plane. >>> now an irish navy ship has doc
jazeera, including celebrations in egypt as the president unveiled the $8.5 billion expansion of the suez -- canal. >>> and people are being diagnosed with dementia at a younger age. we look into the reasons why. ♪ ♪ ♪ ♪ get excited for the 1989 world tour with exclusive behind the scenes footage all of taylor swift's music videos interviews, and more. xfinity is the destination for all things taylor swift. ♪ >>> hello again, these are the top stories here at al...
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Aug 6, 2015
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the country is officially unveiling a major expansion of the suez canal.ex ortiz is on thee suez canal expansion is just as much about boosting the economy as it is a matter of national pride. egyptians had something to show off this morning. inviting presidents and kings to the banks of the suez canal to celebrate what they're calling egypt's gift to the world. the $8 billion expansion adds an extra lane and widens and deepens one of the busiest waterways on earth. we visited during the building. this is one of the main arteries of global trade. already nearly 10% of the world's traffic passes through here. and the government says that once construction is complete, its capacity will be even greater. construction was supposed to take three years. but workers labored day and night, dredging and digging and finished in 12 months. the president promises the project will bring much-needed jobs and revenue to an economy battered by years of political unrest. here's how. previously ships could only traverse the canal one direction at a time. the average trip to
the country is officially unveiling a major expansion of the suez canal.ex ortiz is on thee suez canal expansion is just as much about boosting the economy as it is a matter of national pride. egyptians had something to show off this morning. inviting presidents and kings to the banks of the suez canal to celebrate what they're calling egypt's gift to the world. the $8 billion expansion adds an extra lane and widens and deepens one of the busiest waterways on earth. we visited during the...
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Aug 30, 2015
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it is said they came here through the suez canal.canal's expansion. >> we have this corridor pushing in all the alien species who just push them down and replace them with a form which is not the native one. >> take for example the rabbit fish. it eats only algae which sounds innocent enough but it gets his name because it reproduces like a rabbit. >> it's like a cut forest and nothing could exist and those species lose their place in the mediterranean. >> she says the enlarged suez canal is becoming a highway for invasive species to come through. >> it's like a corridor for invasion. a one-way corridor of invasion. >> reporter: she says the invasive species are tuntists. there used to be a natural barrier in the suez canal that kept marine life from passing into here, the mediterranean sea. the canal has made it much easier for the species to pass. some are beautiful. and this, a slow-swimming crab was the first invasive species that came through the suez. documented first in 1898. >> for more, it's more colors under the water and a
it is said they came here through the suez canal.canal's expansion. >> we have this corridor pushing in all the alien species who just push them down and replace them with a form which is not the native one. >> take for example the rabbit fish. it eats only algae which sounds innocent enough but it gets his name because it reproduces like a rabbit. >> it's like a cut forest and nothing could exist and those species lose their place in the mediterranean. >> she says the...
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. >>> plus, showing off an expanded suez ka tcanal this mo.nd we're there to look at the potential economic impact of the project. that is ahead. >>> right now it's time to show you some of this morning's headlines. eleanor roosevelt is the top choice for the $10 bill. that's according to a marist poll on which woman should be on the bill. second is harriet tubman. she's followed by sacagawea, amelia earhart, susan b. anthony and andra day o'connor. >>> miss sonoma county is giving up her crown. she'll report for duty to the united states marine corps boot camp in south carolina. the 17-year-old wanted to prove she could walk around with a crown on her head and, quote, be a normal person. be a patriot and be in the military. she says she wants to break all those stereotypes. >> good for her. >> terrific. >>> a statute of confederate president jefferson davis remains this morning in the state capitol. a commission voted wednesday to keep it there. an educational display will be added to explain his role in the civil war. the decision comes at a
. >>> plus, showing off an expanded suez ka tcanal this mo.nd we're there to look at the potential economic impact of the project. that is ahead. >>> right now it's time to show you some of this morning's headlines. eleanor roosevelt is the top choice for the $10 bill. that's according to a marist poll on which woman should be on the bill. second is harriet tubman. she's followed by sacagawea, amelia earhart, susan b. anthony and andra day o'connor. >>> miss sonoma...
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the president unveils a new part of the suez canal. it is meant to bring much-needed investment in the country. relatives of those on board mh370 outraged over mixed messages. officials claim that fresh debris was discovered on the island. and a property tycoon turned reality tv star set to dominate the republican debate. donald trump will take on his rivals in the first televised political debate. we begin in egypt. francois hollande was among world leaders witnessing the opening of a new part of the suez canal. the president of egypt took center stage. it was on his orders it was finished in one year in stead of three. it is hoped it will be a boost to the economy. claire williams has the story. claire: welcome to egypt. this is the egypt sisi wants the world to see. it was a moment of national pride. the president arrived on the same yacht that sailed on the canal when it opened in 1869. >> we needed to reassure ourselves and reassure the world that we are capable of building. >> i believe this is the first step, the very first step
the president unveils a new part of the suez canal. it is meant to bring much-needed investment in the country. relatives of those on board mh370 outraged over mixed messages. officials claim that fresh debris was discovered on the island. and a property tycoon turned reality tv star set to dominate the republican debate. donald trump will take on his rivals in the first televised political debate. we begin in egypt. francois hollande was among world leaders witnessing the opening of a new part...
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Aug 23, 2015
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just trier to this month's unveiling of the suez canal, an $8.5 billion, the military put together a video that news outlets ran, uncritically. then came the newspapers. the miracle said one, thank god. we approached multiple outlets, as with respect as the embassy in london and state information service, none agreed to talk. less than five years ago egyptian media outlets were different. many fought for their freedoms, on the vanguard of what looked like a brand new way of journalism. those days are gone. >> the regime wants to control it and does not wants any dissent in the state narrative or political narrative or social narrative or a mistake that they blif hosni mubarak has done. he allowed a marginal freedom from media outlets, and did not appoint social media outlets like facebook and twitter. the reaction is to find a way to control the narrative and control dissent, so that something like january 2011 does not happen again. >> during hosni mubarak, we couldn't criticise the government, touch him or his family. we could criticize the government. right now, we can't criticise
just trier to this month's unveiling of the suez canal, an $8.5 billion, the military put together a video that news outlets ran, uncritically. then came the newspapers. the miracle said one, thank god. we approached multiple outlets, as with respect as the embassy in london and state information service, none agreed to talk. less than five years ago egyptian media outlets were different. many fought for their freedoms, on the vanguard of what looked like a brand new way of journalism. those...
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the original suez canal linked the mediterranean and the red sea. it reduced the journey time between europe and asia around the horn of africa by 6,000km, and it's been a major important thing since then. it's profitable the reason why the egypt government built another one. the 72km second canal was completed in 12 months, employing thousands, including soldiers. it cost egypt $8.5 billion. the government is hoping to have big returns. this year revenue reached 7 #.3 billion. aiming to almost double that figure in eight years. they want to more than double the ships making the journey, from 14 to 97. it's a project the government hopes will be a symbol of the new egypt. >> thousands of hatians forced out of the dominican republic are living in camps in haitis. families are relying on food handouts to survive. in june the dominican republic started to crack down on people without proper documentation. tens of thousands of hatians have since left >>> to rio de janeiro, where the countdown started for the summer olympics. organizers in the brazilian
the original suez canal linked the mediterranean and the red sea. it reduced the journey time between europe and asia around the horn of africa by 6,000km, and it's been a major important thing since then. it's profitable the reason why the egypt government built another one. the 72km second canal was completed in 12 months, employing thousands, including soldiers. it cost egypt $8.5 billion. the government is hoping to have big returns. this year revenue reached 7 #.3 billion. aiming to almost...
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Aug 27, 2015
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ceo, oneith the suez of europe's biggest water and waste companies. big business in china and a partnership with a water group. i asked the ceo whether he saw the chinese slowdown as a catastrophe. have a listen. >> a catastrophe? certainly not. i do not believe it could be a catastrophe at all. for the world economy, of course, china is a bigger economy worldwide. so i slowdown should absolutely impact the rest of the world. what is going to be the impact is difficult to say. i do not see measurable changes in china. caroline: the suez ceo is among the executives who see china as a growth story. especially at a time when the chinese government is focusing on fighting pollution in the air and water, that is the main business of suez. they will keep selling their services for waste and water treatment in china. manus: there has been a number of terrorist attacks in france. over the last couple months you live in france and speak to business leaders all the time. what is the sense of confidence? is this a growing social and economic threat? caroline: sa
ceo, oneith the suez of europe's biggest water and waste companies. big business in china and a partnership with a water group. i asked the ceo whether he saw the chinese slowdown as a catastrophe. have a listen. >> a catastrophe? certainly not. i do not believe it could be a catastrophe at all. for the world economy, of course, china is a bigger economy worldwide. so i slowdown should absolutely impact the rest of the world. what is going to be the impact is difficult to say. i do not...
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Aug 6, 2015
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the original suez canal opened almost 150 years ago. it reduced the journey time between europe and asia around the horn of africa by 6,000km, and it's been a major important thing since then. it's profitable, the reason why the egypt government built another one. allowing to 2-wi traffic and largest ships. the 72km second canal was completed in 12 months, employing thousands, including soldiers. all working around the clock. it cost egypt $8.5 billion. the government is hoping to have big returns. this year revenue reached 7.3 billion. aiming to almost double that figure in eight years. they want to more than double the ships making the journey, from 14 to 97. it's a project the government hopes will be a symbol of the new egypt. >>> just a reminder, you can keep up to date with the latest news on the website.
the original suez canal opened almost 150 years ago. it reduced the journey time between europe and asia around the horn of africa by 6,000km, and it's been a major important thing since then. it's profitable, the reason why the egypt government built another one. allowing to 2-wi traffic and largest ships. the 72km second canal was completed in 12 months, employing thousands, including soldiers. all working around the clock. it cost egypt $8.5 billion. the government is hoping to have big...
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. >> up next, a celebration in egypt for the opening of the new suez canal. the waterway could boost the egyptian economy. and plus: >> i think it will probably go down as a 21st century mark twain, with political satire. >> after two pea bodies and 16 years, jon stewart says good-bye to the daily show. >> egyptians are celebrating the just-completed expanse of the suez canal. the $8 billion project will turn a channel into a two-lane highway. >> reporter: egyptian government leaders call it the great egyptian dream. kings, princes and presidents gathered on the banks of the improved suez canal for pomp and patriotism. leaders from across the arab world. and the french president, francoise hollande. it's meant to double the number of ships sailing between europe and asia. and it has great political significance for the egyptian problem, sisi. >> the new sues canal is not just an engineering achievement. it's what has been done. in one year, we have given egyptians more confidence, peace of mind. no one can harm egypt when we're united. >> earlier in the day,
. >> up next, a celebration in egypt for the opening of the new suez canal. the waterway could boost the egyptian economy. and plus: >> i think it will probably go down as a 21st century mark twain, with political satire. >> after two pea bodies and 16 years, jon stewart says good-bye to the daily show. >> egyptians are celebrating the just-completed expanse of the suez canal. the $8 billion project will turn a channel into a two-lane highway. >> reporter: egyptian...
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egypt opens its new suez canal today.has completed -- been completed two years ahead of schedule. big day here in london and across london for the miners rio tinto profits beat estimates. bloomberg news reporter jesse joins us now. jesse, i look at it and i think plunging oil prices. jesse: iron oil prices have been extremely volatile. rio tinto prices are up. underlying earnings are down. fairly positive they will beat consensus. the market initially traded flat. jonathan: when i go forward into next year, is this the base to make comparisons to see how they deal with $60 iron ore in years to come? jesse: yes. rio tinto spoke to that theme for themselves today. high-cost producers will be exposed, lower cost producers will maintain a competitive advantage. they are continuing to pump out more from australia. that would make them the world against exporter. that is the theme for rio tinto low-cost, long lives assets. jonathan: when i look at miners it is like herding cats you see copper coal, will these guys streamline bu
egypt opens its new suez canal today.has completed -- been completed two years ahead of schedule. big day here in london and across london for the miners rio tinto profits beat estimates. bloomberg news reporter jesse joins us now. jesse, i look at it and i think plunging oil prices. jesse: iron oil prices have been extremely volatile. rio tinto prices are up. underlying earnings are down. fairly positive they will beat consensus. the market initially traded flat. jonathan: when i go forward...
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this comes as egypt tries to focus the world's attention on the suez canal.lead celebration on the opening of a new section of the canal, a waterway that separates the sinai peninsula from mainland egypt. egypt has dealt with isis kidnappings before. at least 20 christians were executed in libya. egypt responded with air strikes. we don't know where the hostage is being held but we do know the clock is ticking. ian lee, cairo. >>> authorities in the uk are widening their inquiry into child sex abuse claims. >> the latest allegations involve the late prime minister sir edwards heath. police are now urging any alleged victims to come forward. >> there are now five british police forces independently investigating claims that include child sexual abuse involving sir edwards heath. kent police are one of the latest to confirm their involvement after receiving a report of a sexual assault committed in the east of the country in the 1960s. the victim named the former prime minister in connection with the case. sir edwards led a conservative government and was an mp
this comes as egypt tries to focus the world's attention on the suez canal.lead celebration on the opening of a new section of the canal, a waterway that separates the sinai peninsula from mainland egypt. egypt has dealt with isis kidnappings before. at least 20 christians were executed in libya. egypt responded with air strikes. we don't know where the hostage is being held but we do know the clock is ticking. ian lee, cairo. >>> authorities in the uk are widening their inquiry into...
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Aug 28, 2015
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-- we are still going to see some demand for suez water and waste services.that they are pretty optimistic that the recovery in france and in --ope, the french government they want them to accelerate the reforms. the labor law is something they would like to see as soon as possible. emmanuel macron is planning to present his measures by the end of this year. jonathan: caroline, thank you. show, it has been an historic week for market. after the break, we will wrap it up and look ahead for a busy weekend. 50 minutes into the session, equity markets rolling over, the stoxx 600 higher. and gas, basic resources, the rebound and commodities supporting those industry groups. we have the stoxx 600 at a low. ♪ jonathan: welcome back to "on the move." time live from the city of london. it has been an extremely busy week for markets -- here are some of the charts. what a week for global equity markets. greek investors, the stoxx 600 dropped the most since 2008 on monday. tuesday, we saw the biggest gain since 2011 in u.s. stocks, followed up my the biggest today pop in
-- we are still going to see some demand for suez water and waste services.that they are pretty optimistic that the recovery in france and in --ope, the french government they want them to accelerate the reforms. the labor law is something they would like to see as soon as possible. emmanuel macron is planning to present his measures by the end of this year. jonathan: caroline, thank you. show, it has been an historic week for market. after the break, we will wrap it up and look ahead for a...
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mark: egypt unveils a new and improved the suez canal following a massive expansion. egyptian officials rolled out the red carpet for foreign dignitaries at a lavish inauguration ceremony complete with fighter jets and trumpet players. scarlet: the government is hoping the $8.5 billion project will revive egypt's economy and triple the waterway's revenues. i want to bring in the chairman of the ports operator dp world, his excellency, who is in las vegas. welcome to "bloomberg market day ." i want to start by asking what you think the expansion of the suez canal signals to you about the health of the global economy. guest: this is positive news for us. this will bring growth to egypt. as it stands today, they don't have two way traffic in the canal. this will allow two-way traffic. that means vessels will be able to travel six hours faster. this will also push the opportunities for building more ports and will encourage dp investments. ofk: at this point the value the project has some people concerned. some critics of the project say it would require major growth in g
mark: egypt unveils a new and improved the suez canal following a massive expansion. egyptian officials rolled out the red carpet for foreign dignitaries at a lavish inauguration ceremony complete with fighter jets and trumpet players. scarlet: the government is hoping the $8.5 billion project will revive egypt's economy and triple the waterway's revenues. i want to bring in the chairman of the ports operator dp world, his excellency, who is in las vegas. welcome to "bloomberg market day...
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a big change for the suez canal.ent $30 million promoting the opening of this canal yesterday. we're talking about pomp and circumstance. we're talking about opera and people singing and military dress up in uniforms. a lot of pomp and circumstance surrounding this extremely exciting occasion for them. also some dignitaries, some absent, a major figure from the u.s. government as well. and are they going to get the kind of revenue they're hoping for? they're hoping to make $13.5 billion a year in a few years. that's doubling what they make now. it's an open ended question if they can achieve that goal. >> unbelievable story. infrastructure, it has everything. thank you very much. in cairo. when we come back, an exclusive interview from january hatzius. we'll find out what the jobs number means for our economy. d . d . that's that new gear feeling. get this high performance laptop bundle for only $399. office depot officemax. gear up for school. gear up for great. dentist appointment when my teeth are ready? ♪ can it
a big change for the suez canal.ent $30 million promoting the opening of this canal yesterday. we're talking about pomp and circumstance. we're talking about opera and people singing and military dress up in uniforms. a lot of pomp and circumstance surrounding this extremely exciting occasion for them. also some dignitaries, some absent, a major figure from the u.s. government as well. and are they going to get the kind of revenue they're hoping for? they're hoping to make $13.5 billion a year...
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in our lineup tonight, the suez canal gets an addition. but first, the republican debate.t is all about king trump and his subjects. we are here at the quicken loans
in our lineup tonight, the suez canal gets an addition. but first, the republican debate.t is all about king trump and his subjects. we are here at the quicken loans
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Aug 19, 2015
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the group unveiled a 6 figure broadcast on suez. it will run in the state's republican senators. one spot about pat. and for the first time today. first pat toomey voted to defund planned parenthood, risking health care for millions. the ads argue that the opponents plan a government shutdown to starve planned parenthood. now republicans want to shut down the government to stop funding. what would a shut down be for peninsula. similar spots targeted senators. planned parenthood has launched social media feet iring the hashtag stand with them. it is to ban abortion and limit women's access to reproductive health care. they are running a digital ad campaign urging supporters to contact members of the congress. a dozen launched attacks on planned parenthood. four states cleared the group of wrongdoing. groups opposed to abortion rights are not fading. the fight does not appear to be going away. >> four states have moved to block funding for planned parenthood. alabama, arkansas, new hampshire. the obama administration notified them they could be in violation of federal law >>> in th
the group unveiled a 6 figure broadcast on suez. it will run in the state's republican senators. one spot about pat. and for the first time today. first pat toomey voted to defund planned parenthood, risking health care for millions. the ads argue that the opponents plan a government shutdown to starve planned parenthood. now republicans want to shut down the government to stop funding. what would a shut down be for peninsula. similar spots targeted senators. planned parenthood has launched...
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Aug 20, 2015
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force and the syrian government >>> a tunisian policeman has been shot dead at the police resort of suez. the same area where people were killed when gunmen opened fire. two approached police on a motorcycle before riding off. a search is under way >>> still ahead on al jazeera - i.s.i.l. fighters killed an archeologist in the chain comment syrian city of palmyra. 82-year-old khaled asaad was beheaded. he was in charge of the world heritage sites for over four decades >>> we are on the front line with african union forces as they fight in al-shabab in somalia. stay with us. more after the break. eak. al jazeera america presents only on al jazeera america the only way to get better is to challenge yourself, and that's what we're doing at xfinity. we are challenging ourselves to improve every aspect of your experience. and this includes our commitment to being on time. every time. that's why if we're ever late for an appointment, we'll credit your account $20. it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your li
force and the syrian government >>> a tunisian policeman has been shot dead at the police resort of suez. the same area where people were killed when gunmen opened fire. two approached police on a motorcycle before riding off. a search is under way >>> still ahead on al jazeera - i.s.i.l. fighters killed an archeologist in the chain comment syrian city of palmyra. 82-year-old khaled asaad was beheaded. he was in charge of the world heritage sites for over four decades...
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Aug 7, 2015
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. ♪ the suez canal was opened in 1869, linking the red sea to the mediterranean.xtension work involved a 72 kilometer strip of the 190 kilometer waterway allowing two-way traffic. officials say the work was completed in one year instead of three years in their initial plan. >> translator: egyptians have exerted all their powers for one year and promised a gift to the world. >> the egyptian government estimates by 2023 daily vessel numbers through the waterway will roughly double raising revenue from the traffic by 2.5 times. they expect the widening canal will be a stable source of revenue amid the sluggish domestic economy. an expanded panama canal will be opened in april. analysts say shipping companies will likely accelerate a review of their shipping routes by comparing time and cost. >>> 12 countries wrapped up free trade talks in hawaii last week without reaching a deal. as for when the next meeting will take place, that's anyone's guess. ramin mellegard from the business desk explains. >> thank you very much, catherine. japan's minister in charge of the tra
. ♪ the suez canal was opened in 1869, linking the red sea to the mediterranean.xtension work involved a 72 kilometer strip of the 190 kilometer waterway allowing two-way traffic. officials say the work was completed in one year instead of three years in their initial plan. >> translator: egyptians have exerted all their powers for one year and promised a gift to the world. >> the egyptian government estimates by 2023 daily vessel numbers through the waterway will roughly double...
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egypt has opened an expansion of the suez canal. waterway has been deepened and there is a parallel channel. foreign leaders are welcomed aboard a yacht. it will increase traffic through the canal to revive the economy. there is a question about projection. a passenger plane has flown into the airport in yemen for the first time in months. in recent weeks the government and its allies have gain the upper hand and driven the rebels out of the city. four months, the field has been growing. it is time for the republican presidential contenders to go head-to-head, at least some of them. out of the 17 candidates, the top 10 will square off in a primetime debate. all eyes will be on donald trump. ♪ >> a whopping 17 candidates have entered the race. 10 will be slugging it out in a televised debate in cleveland ohio. this is the man with a double-digit lead in the polls, donald trump. the billionaire businessman does not shy away from controversy. he launched his campaign by saying mexico was bringing rapists to the u.s. this is not reality
egypt has opened an expansion of the suez canal. waterway has been deepened and there is a parallel channel. foreign leaders are welcomed aboard a yacht. it will increase traffic through the canal to revive the economy. there is a question about projection. a passenger plane has flown into the airport in yemen for the first time in months. in recent weeks the government and its allies have gain the upper hand and driven the rebels out of the city. four months, the field has been growing. it is...
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there are also plans for a joint russian egyptian industrial zone expanded to the siz suez canal. then there is military cooperation and contracts. this is russian and egyptian warships training together in june. russia has armed contracts with egypt worth $3.5 billion. a deal for moscow to sell 46 mig jet fighters worth another $2 billion seems to be right around the corner. moscow and cairo sees themselves as allies against violence. russia unlike the united states, doesn't use weapons sales to push its customers to improve their human rights records. >> it's important for russia to show the americans that russia is not isolated and has important friends, and it may show the americans that egypt can kind of stand without them. >> but money talks and these two countries finances are weak. maybe that's the reason why many of these deals only exist on paper right now. unlike in soviet times russia can no longer give energy or weapons away to its allies other than. rory challands. moscow. >> palestinian politicians are accusing each other of fraud in the election. police broke up a
there are also plans for a joint russian egyptian industrial zone expanded to the siz suez canal. then there is military cooperation and contracts. this is russian and egyptian warships training together in june. russia has armed contracts with egypt worth $3.5 billion. a deal for moscow to sell 46 mig jet fighters worth another $2 billion seems to be right around the corner. moscow and cairo sees themselves as allies against violence. russia unlike the united states, doesn't use weapons sales...
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. >>> first ship has passed through the newly widened suez canal.sident sisi here in full milita milita military regalia. it cost $8.5 billion, to let ships pass one another without waiting in a one-way system. >>> the u.s. secretary of state john kerry says he has reached an agreement with his russian opposite that could see the u.n. set up a panel to identify those using chemical weapons in syria. kerry met lavrov on the sidelines in malaysia. the u.n. security council is expected to vote on friday on a u.s. proposal for an investigation into chlorine gas attacks in syria. >> what we are trying to do is get beyond the mere finding of the fact that it may have been used, and actually find out who used it. and designate accountability for its use. and what we will achieve, we believe, with this resolution is the creation of a mechanism which will actually enable us to do that. that's our hope. so i think it was a worthwhile meeting, and hopefully the u.n. will be able to proceed forward with an agreement, unless there's some last-minute glitch, whic
. >>> first ship has passed through the newly widened suez canal.sident sisi here in full milita milita military regalia. it cost $8.5 billion, to let ships pass one another without waiting in a one-way system. >>> the u.s. secretary of state john kerry says he has reached an agreement with his russian opposite that could see the u.n. set up a panel to identify those using chemical weapons in syria. kerry met lavrov on the sidelines in malaysia. the u.n. security council is...
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Aug 5, 2015
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egypt is set to unveil a major extension of the suez canal. the project, with cost $8.5 billion, was funded without the help of foreign aid. last year, the canal group in revenues of $5 billion. after four years of domestic strike, the government hopes to prove egypt is now back in business. services in london have been suspended for the second time in a month. train drivers say they are unhappy over pay and conditions for the newly planned night service. the strike is set to end friday morning, but unions have already warned more industrial actions could follow. first, the germans, than the french and now the italians. the country plus minister of economic development visited the iranian capital. iran and italy want to double the current level of bilateral trade, which stands at $1.5 billion. the minister signaled italy's in eagerness to resume commercial ties. take a listen. >> in the long period of the sanctions, some changes were made in our relations towards iran. we have confirmed our friendship again in our desire to start cooperation w
egypt is set to unveil a major extension of the suez canal. the project, with cost $8.5 billion, was funded without the help of foreign aid. last year, the canal group in revenues of $5 billion. after four years of domestic strike, the government hopes to prove egypt is now back in business. services in london have been suspended for the second time in a month. train drivers say they are unhappy over pay and conditions for the newly planned night service. the strike is set to end friday...
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. >>> the hostage drama is unfolding just as egypt opens an expansion of the suez canal today. the $8.2 billion project makes the canal deeper and wider. egypt expects an increase of more than $13 billion in revenue from the improved canal. >>> bill cosby's been ordered to answer questions under oath in a sexual abuse lawsuit. a los angeles court directed the comedian to testify in october. his accuser is a woman in her 50s. judy houth said cosby gave her alcohol and introduced her to the "playboy" mansion when she was 15. >>> new is video shows the shooting of a florida school bus back in may. the shots were fired by two males outside the bus. two teens on the bus were wounded. police say that 16-year-old edgar rolles was identified as the one who pulled the trigger. >>> bounty hunters in arizona made a mistake after an unconfirmed tip on facebook about a suspected fugitive. bounty hunters went to the home of the phoenix police. there was a confrontation and eventually they figured out they were in the wrong place. there was one arrest for trespassing. >>> straight ahead in "m
. >>> the hostage drama is unfolding just as egypt opens an expansion of the suez canal today. the $8.2 billion project makes the canal deeper and wider. egypt expects an increase of more than $13 billion in revenue from the improved canal. >>> bill cosby's been ordered to answer questions under oath in a sexual abuse lawsuit. a los angeles court directed the comedian to testify in october. his accuser is a woman in her 50s. judy houth said cosby gave her alcohol and...
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. >> julie mcdonald, thank you >>> a frenchman in tunisia has been shot dead sues suez. two men on a motorcycle fired shots at three police men, one died on the way to hospital. the others unharmed. in june, 38 people were killed in use when a gunman opened fire on a beach. >> an egyptian group aligned with the islamic state of iraq and levant claimed responsibility for a bomb blast. egypt's interior ministry says 27 people, most of them police men, were injured in the attack, on a state security building in cairo. we have more. >> reporter: the blast came in the middle of the night in a small sub esh of cairo. an explosion so powerful witnesses fear it was heard and felt beyond the small district where it was planted. >> we were waiting at the traffic lights. cars around from all directions. as the lights changed, the explosion happened from that direction. and the noise and things flying off the cars. we had people in the car, this is the car, as you can see. >> reporter: a group going by the name of sinai province, which aligned itself with i.s.i.l., the islamic state
. >> julie mcdonald, thank you >>> a frenchman in tunisia has been shot dead sues suez. two men on a motorcycle fired shots at three police men, one died on the way to hospital. the others unharmed. in june, 38 people were killed in use when a gunman opened fire on a beach. >> an egyptian group aligned with the islamic state of iraq and levant claimed responsibility for a bomb blast. egypt's interior ministry says 27 people, most of them police men, were injured in the...