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but now reports from the uae. that same female suspect tried to bomb the location of an american drchlt >> we'll try to show our folks now. they found a bomb that she had tried to assemble and place in the the front yard of an american citizen over there and they say that they thwarted an attack that was plotted. >> once you have to two cases against american citizens and the kind of units. they are counter terrorism units, it is chlor. and the uae is dealing with an issue and not releasing full information. the only exception would be a link between the killed american teacher and the doctor. >> according to the reports, thus far and things can change as we get more information, they believe that this person arrested in the stabbing death is associated with that bombing attempt against american. they better send out counter terrorism forces, but the concern i have is are they getting the right person or are are they going after a person just to say they have it taken care of. >> no, they issued the longest compre
but now reports from the uae. that same female suspect tried to bomb the location of an american drchlt >> we'll try to show our folks now. they found a bomb that she had tried to assemble and place in the the front yard of an american citizen over there and they say that they thwarted an attack that was plotted. >> once you have to two cases against american citizens and the kind of units. they are counter terrorism units, it is chlor. and the uae is dealing with an issue and not...
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particularly since the uae joined u.s. air strikes on isis.e has been particular reaction from nationals and expatriots in the uae. they are stunned by the grizzly murder bioryan and the planting of the bomb because the uea is relatively crime-free. the incidents occurred during national day celebrations this week. hence the uae flag being on the white suv driven away by the suspect. because that covered the number plates. that would not really be noticed during the celebratory times. police say the woman was trying to create as much confusion as she could and i couldn't know mine security and terrorize people. but, the police actually are very veto say whether she was assisted in these matters at all. >> philip, thank you. obviously very distressing. philip, thank you. and there is breaking news. protests throughout the nation. live report is next. across the nation, thousands protesting decisions. for the latest go back live to fox news correspondent jonathan hunt. jonathan? >> greta. we are in the middle right now of a march that is so much
particularly since the uae joined u.s. air strikes on isis.e has been particular reaction from nationals and expatriots in the uae. they are stunned by the grizzly murder bioryan and the planting of the bomb because the uea is relatively crime-free. the incidents occurred during national day celebrations this week. hence the uae flag being on the white suv driven away by the suspect. because that covered the number plates. that would not really be noticed during the celebratory times. police...
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and it is not true that the government was selling the land to the wealthy family from uae, number onecording to the laws of the land, the land cannot be sold to anybody who is not a tanzanian national. the massi community need to take comfort in the fact that they live with the wildlife, and continue to appreciate their conversation -- >> all right. minister, i am certain that the massi are hoping that what you say is true. whether it comes out officially has yet to be seen. i want to thank all of our guests. still ahead how the $10 billion global wildlife trade is making headway online and deaf mating some of the world's most endangered animals. ♪ >> start with one issue ad guests on all sides of the debate. and a host willing to ask the tough questions and you'll get... the inside story ray suarez hosts inside story weekdays at 5pm et / 2pm pt only on al jazeera america ♪ >> i'm i'm [ inaudible ] and i'm in the stream. >> the illegal wildlife today is a $10 billion industry. while several countries have a adopted strict laws, many sellers are finding a thriving market on the web. an
and it is not true that the government was selling the land to the wealthy family from uae, number onecording to the laws of the land, the land cannot be sold to anybody who is not a tanzanian national. the massi community need to take comfort in the fact that they live with the wildlife, and continue to appreciate their conversation -- >> all right. minister, i am certain that the massi are hoping that what you say is true. whether it comes out officially has yet to be seen. i want to...
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the uae minister said countries won't limit output even if the price falls to below $40. delegates initially agreed not to scale down production. since then, they've seen futures in crude plunge by more than 20%. prices rebounded briefly on speculation that libya and nigeria might cut their output, but assurances from the uae minister triggered renewed selling. >>> falling oil prices are bad news for oil exports countries like russia. traders are selling the ruble against major currencies on worries of the economy. the dollar rose more than 10% against the ruble on monday hitting 65. it was the biggest rise since 1998. in response, russian central bankers decided to raise their key interest rate from 10.5% to 17. russians stock prices fell, too. the benchmark rts index plunged more than 10%. this negative sentiment carried over to western europe, the u.s., now here in japan. the nikkei index is trading below 17,000 for the first time in one month. the index is exactly at 16,807. a loss of 1.7%. investors are selling stocks across the board, major exporter shares are being
the uae minister said countries won't limit output even if the price falls to below $40. delegates initially agreed not to scale down production. since then, they've seen futures in crude plunge by more than 20%. prices rebounded briefly on speculation that libya and nigeria might cut their output, but assurances from the uae minister triggered renewed selling. >>> falling oil prices are bad news for oil exports countries like russia. traders are selling the ruble against major...
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we have seen thousands of egyptians and libyans move into the uae. looking over their shoulders and questioning the security apparatus but very happy that after the incident the police moved very quickly about the investigation as well. >> it will be critical to find out if this was a lone wolf situation or this is a concerted attempt against americans. thank you so much for that, john. >>> today president obama will announce his pick for secretary of defense. the president is said to have selected ashton carter, former second in command at the pentagon. he's a former chief weapons buyer and helped accelerate the production and shipment of weapons to protect american troops from road side bombs during the wars in iraq and afghanistan. >>> a second attempt at a test launch for the orion spacecraft is set for three hours from now. thursday's launch was postponed and if all goes as planned today, the unmanned spacecraft will blast off just after 7:00 a.m. atop a delta 4 rocket. the capsule is designed to take an asteroid or mars. how soon could that be?
we have seen thousands of egyptians and libyans move into the uae. looking over their shoulders and questioning the security apparatus but very happy that after the incident the police moved very quickly about the investigation as well. >> it will be critical to find out if this was a lone wolf situation or this is a concerted attempt against americans. thank you so much for that, john. >>> today president obama will announce his pick for secretary of defense. the president is...
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we can't be passive. >> the uae has long enjoyed a reputation as an oasis of calm in a turbulent andften violent part of the world. it's the modern face of the middle east attracting tourists with its beaches, shopping and gulf courses. and at home to dubai international airport, one of the world's busiest. but for now, the uncertainly over this mysterious woman and her sbengs has this normally peaceful nation on edge. becky anderson, cnn, abu dhabi. >> we're going to take a very sport break. but coming up, it's not real, but it is dangerous. cnn goes under cover to show you how synthetic marijuana is being sold in japan. ♪ hi. i'm new ensure active clear protein drink. >>clear huh? i'm not juice or fancy water. i've got 8 grams of protein. new ensure active clear protein. 8 grams protein. zero fat. ensure. take life in. goodnight. goodnight. for those kept awake by pain... the night is anything but good. introducing new aleve pm. the first to combine a safe sleep aid. plus the 12 hour strength of aleve. for pain relief that can last until the am. now you can have a good night and a.
we can't be passive. >> the uae has long enjoyed a reputation as an oasis of calm in a turbulent andften violent part of the world. it's the modern face of the middle east attracting tourists with its beaches, shopping and gulf courses. and at home to dubai international airport, one of the world's busiest. but for now, the uncertainly over this mysterious woman and her sbengs has this normally peaceful nation on edge. becky anderson, cnn, abu dhabi. >> we're going to take a very...
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sources at the state department in the uae have not asked for u.s. help in the case. at the moment u.s. officials are considering it more of a targeted crime. at the same time they're not ruling out whether it was a lone wolf attack. charlie d'agata, cbs news, london. >>> the philippines is bracing for a powerful typhoon. typhoon hagupit is threatening to slam into areas still recovering from last year's storm. some residents are loading up on supplies before this weekend. the typhoon's name in filipino is smash. that's the translation. it packs winds of more than 130 miles an hour. last november typhoon haiyan devastated villages and killed more than 7,300 people. >>> now bill cosby is striking back at one of his accusers. lawyers for the comedian filed papers declaring judith huth tried to extort cosby for more than a quarter million dollars and tried to extort him to newspapers over a decade ago. cosby's attorneys want the suit dismissed. >>> well, coming up on the "morning news," rocket retry. an update from florida on this morning's launch attempt of the orion sp
sources at the state department in the uae have not asked for u.s. help in the case. at the moment u.s. officials are considering it more of a targeted crime. at the same time they're not ruling out whether it was a lone wolf attack. charlie d'agata, cbs news, london. >>> the philippines is bracing for a powerful typhoon. typhoon hagupit is threatening to slam into areas still recovering from last year's storm. some residents are loading up on supplies before this weekend. the...
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and germany the uae and china and all over the world.operson said this may be nothing more than symbolic but as a proportional response it is pretty much in line with this does not harm citizens. citizens do not have access to the internet. it is a black eye for the north korean government and it is low impact in terms of impact on the common individual. you could see the u.s. launching this or some patriotic hackers as well. >> interesting stuff. interesting response to what they call warfare or vandalism. thank you very much. you can get the latest headlines all the time on your phone, bloomberg.com, and your radio. see you soon. ♪ >> these are the 10 issues that got torture tested by teenagers. it created thousands of new customers for the 10 issues that got torture tested by teenagers.
and germany the uae and china and all over the world.operson said this may be nothing more than symbolic but as a proportional response it is pretty much in line with this does not harm citizens. citizens do not have access to the internet. it is a black eye for the north korean government and it is low impact in terms of impact on the common individual. you could see the u.s. launching this or some patriotic hackers as well. >> interesting stuff. interesting response to what they call...
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. >> reporter: uae police raid the house of an emirate woman in her late 30s.s suspected of stabbing to death ibolya ryan on wednesday. these pictures show a figure on a mission of malice. police say now shortly after the stabbing attack, the mysterious suspect was already aiming at her next target, another u.s. citizen. this time, a muslim american doctor. with a homemade bomb. fortunately, this plan was foiled and what are her motives. >> how old is the suspect? what does she do? and are you dealing with this as a terror case? >> she's nearly 50 and i cannot tell you this yes or not. >> reporter: what authorities will say is that the suspect probably meant to spread chaos and fear. the car in which she fled the scene at the killing had several knives and walkie-talkies. whatever the circumstances, they are certainly highly unusual in a city renowned to safety. and the police video, reporting to show the suspect's arrest, capture as drama few would associate with the uae. now the emirates is on guard. ever since the gulf nation took on a leading role in the co
. >> reporter: uae police raid the house of an emirate woman in her late 30s.s suspected of stabbing to death ibolya ryan on wednesday. these pictures show a figure on a mission of malice. police say now shortly after the stabbing attack, the mysterious suspect was already aiming at her next target, another u.s. citizen. this time, a muslim american doctor. with a homemade bomb. fortunately, this plan was foiled and what are her motives. >> how old is the suspect? what does she do?...
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the uae is rich with oils and an ally of the united states. abu dhabi is home to more foreigners than citizens. we also are learning the teacher's name. the company hat helped her get the job said she was 47, had three children. tell us more about the raid on the home. >> the video that the police released is dramatic. they actually made it even more dramatic bay editing video -- by dead iting music into the yesterdayow, even including the surveillance portion of the crime scene, take a look. investigators say the suspect left a bomb at the home of an american doctor and then you see the getaway vehicle with a flag covered its license plate as it drives away. appears to be the same car shown in the video of the raid with what looks like blood smeared across the steering wheel. they show the takedown from the perspective of police looking down the sites of their drawn weapons as they clear rooms, kick open doors and force residents on the floor. at the end of the video are pictures of what police are say are bombmaking materials found at the re
the uae is rich with oils and an ally of the united states. abu dhabi is home to more foreigners than citizens. we also are learning the teacher's name. the company hat helped her get the job said she was 47, had three children. tell us more about the raid on the home. >> the video that the police released is dramatic. they actually made it even more dramatic bay editing video -- by dead iting music into the yesterdayow, even including the surveillance portion of the crime scene, take a...
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we know she is an'm ratty national here from the uae but of yemeni origin.e 30s but won't release her name. what we don't know, four days after this event transpired, is what were her motivations and whether she was a lone wolf. why did she stab the 47-year-old mother of three kids and leave a bomb outside an egyptian american's home in downtown abu dhabi? we have an updated video released by abu dhabi police through their so-called security media division. it shows the suspect leaving the nail bomb in downtown abu dhabi and we see an edit of the raid on her villa. again, police are not providing broader details of what they found in the jill villa just ye. this is interesting on a country that prides itself of being the safe haven of the uae. let's show you one headline of the most read newspaper. "mall murder suspect in police custody." it shows the deputy prime minister and the minister of interior, saif nayam. it's very unusual for the member of the family to conduct a press conference. it shows you the severity of the case. many are questioning the high
we know she is an'm ratty national here from the uae but of yemeni origin.e 30s but won't release her name. what we don't know, four days after this event transpired, is what were her motivations and whether she was a lone wolf. why did she stab the 47-year-old mother of three kids and leave a bomb outside an egyptian american's home in downtown abu dhabi? we have an updated video released by abu dhabi police through their so-called security media division. it shows the suspect leaving the nail...
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he does speak usually on not just the behalf of the uae, but the gulf countries.hat is an important faction within the cartel and usually is in sync with what the saudi's belief. he probably wouldn't have made those comments if he thought the saudi's would object. he said they are not targeting a price. $60, $40, all fine with them because the market is going to stabilize. what he didn't say is that is because they are targeting shale producers. they can afford a lower price. production costs in places like saudi arabia, the gulf, they need more for their budgets but they also have trillions of dollars of reserves to get them through this. it is possible they are prepared to go that low. -- if were the your oil you were the oil minister of the somethingdo would be to include in your repertoire as well. >> thank you very much. i'm going to bring in pau morilla-giner to continue this conversation. opec are playing a very good game of looking strategic. things, when i look at how high u.s. oil lostction is, have opec the ability to influence prices? >> i think so. ar
he does speak usually on not just the behalf of the uae, but the gulf countries.hat is an important faction within the cartel and usually is in sync with what the saudi's belief. he probably wouldn't have made those comments if he thought the saudi's would object. he said they are not targeting a price. $60, $40, all fine with them because the market is going to stabilize. what he didn't say is that is because they are targeting shale producers. they can afford a lower price. production costs...
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a very shocking incident here in the uae.earn more details, we hope, in a couple hours time. the u.s. embassy has warned u.s. citizens, this is not the first time they have done this, to be on their guard. there were jihadist messages in the past back in october warning specifically teachers, americans and australians in the uae. we learned they arrested somebody behind those jihadist web site messages. lots of speculation and conjecture here. we hope some of that will be nailed when we hear from the interior ministry around your time at 7:00 a.m. >> thank you, becky. >>> 47 minutes after the hour. new women coming forward saying that bill cosby sexually assaulted them. we will hear from one woman who spoke out to cnn. we will hear from her lawyer over the allegations. stay with us. cou nce we kept the lights on. but then we started using k-y yours & mine. yeah, we were nervous to try it. there's an amazing sensation for her. amazing. this one feels fantastic for me. and combined... ohh, it's a completely new sensation for us
a very shocking incident here in the uae.earn more details, we hope, in a couple hours time. the u.s. embassy has warned u.s. citizens, this is not the first time they have done this, to be on their guard. there were jihadist messages in the past back in october warning specifically teachers, americans and australians in the uae. we learned they arrested somebody behind those jihadist web site messages. lots of speculation and conjecture here. we hope some of that will be nailed when we hear...
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. >>> an american woman was stabbed in the restroom in a mall in the uae. police in abu dhabi identify her as 47-year-old iboyla ryan. she has 11-year-old twins. security footage shows a suspect covered head to toe in woman's garb. the u.s. embassy working with authorities to identify the suspect's motive, identity and gender. >>> the launch is a go. the live pictures from the cape canaveral. at 7:05, nasa will launch orion. on top of that delta rocket. the capsule is a special new operation. it is designed to take astronauts to an asteroid or to mars one day. humans have been going last 40 years or so. this goes beyond the space shuttle. the orion mission is expected to orbit the earth twice. it could be seven years before an astronaut flies in the orion. i love this stuff. >> really cool. >>> indra petersons has an early look at our forecast. >> good morning. i have good news. it will be the nicest day of the week, including the weekend. we will start to get rained out as we head toward the weekend. enjoy today. temperatures are warming up in the south. w
. >>> an american woman was stabbed in the restroom in a mall in the uae. police in abu dhabi identify her as 47-year-old iboyla ryan. she has 11-year-old twins. security footage shows a suspect covered head to toe in woman's garb. the u.s. embassy working with authorities to identify the suspect's motive, identity and gender. >>> the launch is a go. the live pictures from the cape canaveral. at 7:05, nasa will launch orion. on top of that delta rocket. the capsule is a...
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and she's from the uae. this is under investigation now. >> what authorities will say that is the suspect probably meant to spread chaos and fear. the car in which she pled the scene at the killing had several knives and walkie talkies. whatever the circumstances, they are highly unusual in a city renowned for safety. becky anderson, cnn, abu dhabi. >> after this short break, we're going to get back to the top story. the nationwide protests over the chokehold death of eric garner. we'll hear from new york's governor on this situation. alright, so this tylenol arthritis lasts 8 hours but aleve can last 12 hours. and aleve is proven to work better on pain than tylenol arthritis. so why am i still thinking about this? how are ya? good. aleve. proven better on pain. how in argentina,rass change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual
and she's from the uae. this is under investigation now. >> what authorities will say that is the suspect probably meant to spread chaos and fear. the car in which she pled the scene at the killing had several knives and walkie talkies. whatever the circumstances, they are highly unusual in a city renowned for safety. becky anderson, cnn, abu dhabi. >> after this short break, we're going to get back to the top story. the nationwide protests over the chokehold death of eric garner....
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the uae oil minister also blames non-opec members for " irresponsible levels of output."he greek parliament set take it second round of voting for a new president tomorrow, the prime minister has offered to broaden his coalition government if parliament backs his presidential candidate. for more on this offer and what we got this weekend, let's go to athens, and our reporter, mark's bennison. what did we take away from the samaras address? what are people reading into it? >> there was some expectation among analysts that he would address at some point in the presidential process. that they a position would hold elections by the end of 2015. some government position. what was kind of a surprise yesterday, it was quite sudden. it could be argued that it came a lot earlier than may have been expected. some political analysts were , he can't get 170 votes beyond. that -- sorry, carry on. >> his offer has been roundly rejected by the opposition party. some interpret this as a slight sign of panic. >> so he's gone a little earlier than everybody anticipated on making such a rep
the uae oil minister also blames non-opec members for " irresponsible levels of output."he greek parliament set take it second round of voting for a new president tomorrow, the prime minister has offered to broaden his coalition government if parliament backs his presidential candidate. for more on this offer and what we got this weekend, let's go to athens, and our reporter, mark's bennison. what did we take away from the samaras address? what are people reading into it? >>...
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police video purporting to show the suspect's arrest captures a drama few would associate with the uae. now the emirates is on guard. ever since the gulf nation took on a leading role in the coalition fighting isis, it's been increasingly susceptible to extremist retaliation. and on top of it there is a glaring rift in the region between moderate and radical factions. the foreign minister highlighted them earlier this year. >> i think it's indicative of the threat that everybody feels is common. nobody is basically immune. everybody is threatened, the way of life, the values, this is, i think, a danger to all of us, terrorism and i think this is indicative of how the coalition was built on the sense that we need to act. we can't be passive. >> reporter: the uae has long enjoyed a reputation as an oasis of calm in a turbulent and often violent part of the world. it's the modern face of the middle east, attracting millions of tourists with its beaches, shopping and golf courses and home to dubai international airport. one of the world's busiest. but for now the uncertainty over this myst
police video purporting to show the suspect's arrest captures a drama few would associate with the uae. now the emirates is on guard. ever since the gulf nation took on a leading role in the coalition fighting isis, it's been increasingly susceptible to extremist retaliation. and on top of it there is a glaring rift in the region between moderate and radical factions. the foreign minister highlighted them earlier this year. >> i think it's indicative of the threat that everybody feels is...
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groups to get through is a very bad sign. >> the incidents have everyone questioning the role of the uaes a safe haven. we are already seeing beefed up security at malls and housing complexes, where expats and locals both live together. cnn. abu dhabi. >> and back in this country, "rolling stone" magazine apologizes for its article about alleged race at uva, the university of virginia. hear what the university at the center of the article is telling us next. here's our new trainer ensure active heart health. i maximize good stuff, like my potassium and phytosterols which may help lower cholesterol. new ensure active heart health supports your heart and body so you stay active and strong. ensure, take life in. >>> hi, bottom of the hour now. i'm frederica with the top stories across the cnn news desk right now. about 40 million people in the phillipines are in the path of typhoon winds. it made landfall with 127-mile-per-hour winds, just before 9:00 a.m. eastern time. rain is a concern. because it may take three days until the typhoon essentially moves out to sea, dumping a whole lot of r
groups to get through is a very bad sign. >> the incidents have everyone questioning the role of the uaes a safe haven. we are already seeing beefed up security at malls and housing complexes, where expats and locals both live together. cnn. abu dhabi. >> and back in this country, "rolling stone" magazine apologizes for its article about alleged race at uva, the university of virginia. hear what the university at the center of the article is telling us next. here's our new...
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embassy in the uae reported a jihaddist web site forum called for attacks on american teachers in then, and now "time magazine" reports we werers in an bow dab by are worried extremists may target them. who wouldn't be. trace gallagher has the news from los angeles. what are we learning about the suspect. >> the employs identified the suspect at a 38-year-old citizen from the united arab emirates originating from yemen. no one explained how they arrested this woman so quickly. she is covered from head to toe, including her face, and disguised her license polite, police say they got valuable tips. we know she used a very large kitchen knife and not only did police find other suspects at her home, but they say the home served as a safe house, a base of operation. the state department didn't have a lot more to add to that. listen. >> we're not -- we have some folks on the ground who may be helping out in some way, from a law enforcement perspective. >> but certainly bombmaking is one of the things they're looking at as going on inside that safe house or base of operation. >> what were sa
embassy in the uae reported a jihaddist web site forum called for attacks on american teachers in then, and now "time magazine" reports we werers in an bow dab by are worried extremists may target them. who wouldn't be. trace gallagher has the news from los angeles. what are we learning about the suspect. >> the employs identified the suspect at a 38-year-old citizen from the united arab emirates originating from yemen. no one explained how they arrested this woman so quickly....
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they say she was a uae citizen. >>> a year long investigation into bridge gate finds no conclusive evidence as to whether new jersey governor chris christie was or was not aware of the george washington bridge lane closures. but the bergen record points out from the 136 page report that two of his appointees are to blame for the gridlock and that they were, quote, motivated in part by political considerations. in analysis of the report by the wall street journal doesn't completely leave christie off the hook. the paper says accusations by a former ally of christie leaves open question of when he learned of the closures. >>> and, whoa, baby. her mother expected her to be born weighing about 7 pounds, but baby mia had other plans. she was born weighing almost 14 pounds. her mother delivered her at a denver area hospital after experiencing low glucose levels and trouble breathing. >>> let's get down to business with cnbc's landon dowdy. good morning. >> good morning, dara. investors are waiting on big news of the day, the november jobs report expected to show another solid month of hiring and
they say she was a uae citizen. >>> a year long investigation into bridge gate finds no conclusive evidence as to whether new jersey governor chris christie was or was not aware of the george washington bridge lane closures. but the bergen record points out from the 136 page report that two of his appointees are to blame for the gridlock and that they were, quote, motivated in part by political considerations. in analysis of the report by the wall street journal doesn't completely...
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signs of some recovery in the oil market after comments made by the saudi arabia and uae oil ministershat they will not cut output. having things in the stock market you can see a clean sweep of gains across european market. a quiet week on the stock market. oil and gas shares among the gainers there. let's move on. some of today's other business stories. the oil giant bp wents the u.s. government to seek a lower penalty from it over the gulf of mexico oil spill because of the tumbling price of oil. the 2010 rig explosion killed 11 workers and caused the biggest environmental disaster in u.s. history. bp says the $16 billion to 18 doing a maximum fine would have a significant negative impact on company. chinese regulators investigating price-fixing in the country's duck market. looking at a practice that involves groups of investors pumping up prices of certain ducks. mainland chinese shares traded at three-year highs this monday. an easyjet cabin crew in france will strike. the strike will affect half of flights on that date. the company has yet to make cancellations. the unions calle
signs of some recovery in the oil market after comments made by the saudi arabia and uae oil ministershat they will not cut output. having things in the stock market you can see a clean sweep of gains across european market. a quiet week on the stock market. oil and gas shares among the gainers there. let's move on. some of today's other business stories. the oil giant bp wents the u.s. government to seek a lower penalty from it over the gulf of mexico oil spill because of the tumbling price of...
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Dec 24, 2014
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alongside jordan there is the uae, bahrain, and saudi arabia taking part in strikes. i don't think many of these nations would have considered the islamic state group had the capacity to take down one of those planes. this will change that equation and how they consider going about the strikes against the islamic state group in syria and iraq. >> thank you for that. reporting from beirut. the israeli military says it has deployed tank fire and an airstrike on target in gaza after its troops came under attack by palestinian snipers on patrol on the israeli side of the border. the islamic militant group hamas says one of its members has been killed. on friday, gaza militants fired a rocket at israel. that prompted an israeli airstrike in retaliation the next day. the first one since the 50-day war this summer. the film that provoked the massive cyber hacking of sony pictures is due to come out after all. the release of "the interview" was canceled following the attack and threats from anonymous hackers. the fbi is convinced north korea was behind the sony hack. and that
alongside jordan there is the uae, bahrain, and saudi arabia taking part in strikes. i don't think many of these nations would have considered the islamic state group had the capacity to take down one of those planes. this will change that equation and how they consider going about the strikes against the islamic state group in syria and iraq. >> thank you for that. reporting from beirut. the israeli military says it has deployed tank fire and an airstrike on target in gaza after its...
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Dec 15, 2014
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but we also have saudi arabia, qatar, bahrain, uae, jordan, and that's just a few of the 60 countries. and if you read the president's comments, which i will at this point "going forward we won't hesitate to take action against these trerts but this is not america's fight alone. i won't commit our troops to fighting another ground war in iraq or syria. it is more effective to use our capabilityst to help partners on the ground secure their own countries' futures. we will use our air power, we will train and equip our partners. we will advise and we will assist and we will lead a broad coalition of nation who have a stake in this fight. this isn't america versus isil. this is the people of that region versus isil. it is the world versus isil. now, i thoroughly agree with that. if there are folks who think we ought to put our troops on the ground in another ground war so be it. speak out now. offer an amendment. that is your right and i respect it. but i strongly disagree with it. and i think you have mr. chairman in all the work with us you have crafted something that while every one o
but we also have saudi arabia, qatar, bahrain, uae, jordan, and that's just a few of the 60 countries. and if you read the president's comments, which i will at this point "going forward we won't hesitate to take action against these trerts but this is not america's fight alone. i won't commit our troops to fighting another ground war in iraq or syria. it is more effective to use our capabilityst to help partners on the ground secure their own countries' futures. we will use our air power,...
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Dec 22, 2014
12/14
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so the uae minister and other opec ministers say, why should we do this? >> can the oil price continue this rally? if the exporter is not going to cut production? >> i hesitate to call it a rally but i take your point. it's a very modest rebound. saudi arabia has made its stance absolutely clear. it is not cutting production. so if youing will at the supply/demand balance, it looks as if because of the excess of supply and demand to clear the market, that price will almost certainly have to fall. what we don't know is how far. meanwhile, when you look at the supply -- demand fundamentals further into 2015, the lower oil price can achieve a combination of two things. number one, it could choke off the growth in production from the non-opec high cost producers. and number two, it could stimulate a higher rate of oil demand growth. if both those things happen in some combination, the market starts to balance, there's a floor and the price will then start to rise. >> i always wonder with these things how much of it turns into trade. especially when looking at,
so the uae minister and other opec ministers say, why should we do this? >> can the oil price continue this rally? if the exporter is not going to cut production? >> i hesitate to call it a rally but i take your point. it's a very modest rebound. saudi arabia has made its stance absolutely clear. it is not cutting production. so if youing will at the supply/demand balance, it looks as if because of the excess of supply and demand to clear the market, that price will almost certainly...
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Dec 15, 2014
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cracks and, the uae energy minister says opec won't cut output even if prices drop the $40 a barrel. watching "the pulse." we begin with breaking news on a hostage situation in a sydney cafe entering its 10th hour. is in sydney. what is the latest? >> unfortunately, we haven't had much of an update in the last couple of hours. it has been three hours since we saw two of those hostages escape , or at least were released. they looked terrified as they ran through the doors of the lindt cafe in sydney. about an hour before that, there had been three men that escaped. an update into get about 15 minutes from the new south wales premier, and the police commissioner. hopefully, we might get a little bit of an update. they certainly have been keeping everything under wraps. we heard from deputy commissioner catherine byrne saying that they are going to monitor social media feeds to get more of an indication as to what may have prompted these hostage situations. they have also indicated that the gunman is known to police. they won't be releasing the name for their purposes. >> i'm sure that
cracks and, the uae energy minister says opec won't cut output even if prices drop the $40 a barrel. watching "the pulse." we begin with breaking news on a hostage situation in a sydney cafe entering its 10th hour. is in sydney. what is the latest? >> unfortunately, we haven't had much of an update in the last couple of hours. it has been three hours since we saw two of those hostages escape , or at least were released. they looked terrified as they ran through the doors of the...
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Dec 9, 2014
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ambassadors from b bahrain, the uae and saudi arabia.cused qatar of did he style icing the region by supporting the plus limbing brotherhood and giving ref huge to a point. after eight months the dispute was settled in saudi arabia, although what was agreed to has net to be made public. many observers say there is a big need for gcc unity when there is growing conflict with isis. the gulf states have joined a u.s. led coalition with its air strikes against isil in iraq and steer i can't. they are starting to form their joint military command. one source says this could mean a gcc military commander being appoints today coordinate action with their parents, there could also be new measures to improve secure any in the gulf states themselves. some commentators believe taking the fight for isil shu should ne at the expense of opposing bashar al-assad. >> this will not be solved. it's not acceptable to have bashar al-assad in power and having our forces to fight against islamic state. >> reporter: it isn't only isil and the coalition that th
ambassadors from b bahrain, the uae and saudi arabia.cused qatar of did he style icing the region by supporting the plus limbing brotherhood and giving ref huge to a point. after eight months the dispute was settled in saudi arabia, although what was agreed to has net to be made public. many observers say there is a big need for gcc unity when there is growing conflict with isis. the gulf states have joined a u.s. led coalition with its air strikes against isil in iraq and steer i can't. they...
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Dec 8, 2014
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why the uae of all places are they allowed to operate? >> it is an interesting question. here's is the challenge with hacking from north korea. has an advanced cyber warfare capability, most of which they got from russia or iran or other partners. north korea only has one outbound connection to the internet, and that is through a chinese internet provider. if an attack were ever to be traced back to that internet connection, attribution is instant. usually these satellite operations are under front companies. they access the internet and access talents in some of these countries. germany, russia, china, others. this is a necessity for north korea to implement their cyber warfare attacks, because it is simply too risky in many cases to launch them from north korea itself because of its control over the internet. it is very easy to identify when it would be then. they kind of do the attacks on their behalf. .> a fascinating read thank you so much for that additional detail. we will continue to follow this story. evan williams has just launched his next project. we have the
why the uae of all places are they allowed to operate? >> it is an interesting question. here's is the challenge with hacking from north korea. has an advanced cyber warfare capability, most of which they got from russia or iran or other partners. north korea only has one outbound connection to the internet, and that is through a chinese internet provider. if an attack were ever to be traced back to that internet connection, attribution is instant. usually these satellite operations are...
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Dec 15, 2014
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uae came out with a statement we can survive at 40.uae, kuwait, they're in a good financial position, large sovereign funds, small populations, even saudi arabia substantial reserves. that's why they said, why do we need to cut? that said, we get into q1, if prices go towards $40 mark, i do think going to be substantial pressure within opec to potentially pull barrels off the market. regardless of the statements, i don't think we're done with having an opec cut some time in 2015. >> yeah. samir, i guess tolerance for pain does not include equities, because you look at dubai exchange over the weekend and today, again, it's just red across the board. do you see that changing anytime soon? >> you know, some of those markets were the best performing last year, everybody looking at frontier markets, right, which as a group tend to be focused on oil producingi. what you're seeing is the reverse. as long as oil stays down, countries won't rebound anytime soon. >> can you explain something about the oil market to me, because i don't get it the
uae came out with a statement we can survive at 40.uae, kuwait, they're in a good financial position, large sovereign funds, small populations, even saudi arabia substantial reserves. that's why they said, why do we need to cut? that said, we get into q1, if prices go towards $40 mark, i do think going to be substantial pressure within opec to potentially pull barrels off the market. regardless of the statements, i don't think we're done with having an opec cut some time in 2015. >> yeah....
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Dec 8, 2014
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she is a uae citizen of yemeni origin. officials think she may have links to a political or terror group. ryan's sons were at the mall waiting for their mom at the time of the attack. >> the boys were around the corner, and all they saw was some police officers running by. they figured she was delayed for something and they waited there for a good hour. >> the suspect is also accused of planting a makeshift bomb at an american doctor's house. reports say she was inspired by extremism on the internet. >>> british detectives will return to portugal today to question several people about the disappearance of madeleine mccann. the 3-year-old girl vanished during a family vacation in 2007. despite massive international interest and investigations stretching as far away as australia, the little girl's fate remains a mystery. british inspectors were last in portugal in october trying to find new clues in her disappearance. >>> in florida, three people are dead, several more are hurt after a chain-reaction crash that was caused by
she is a uae citizen of yemeni origin. officials think she may have links to a political or terror group. ryan's sons were at the mall waiting for their mom at the time of the attack. >> the boys were around the corner, and all they saw was some police officers running by. they figured she was delayed for something and they waited there for a good hour. >> the suspect is also accused of planting a makeshift bomb at an american doctor's house. reports say she was inspired by...
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Dec 23, 2014
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facilities north korea has cobbled together are all over the world, not just in china, also in the uae, and in germany. >> four or five different countries. most of them are in the people's republic of china, including the luxury hotel that has gotten all of the publicity lately. when you have more than 100 or 300 cyber hackers in china on a permanent basis, the chinese authorities had to know what was going on. the chinese are involved in cyber hacking of their own. and we know these north korean attacks on sony are more sophisticated than what north korea did last year attacking south korean businesses. most people think the technology came from the chinese, the russian, or iranians. given the other circumstances, it is probably the chinese. >> wait, north korea is acquiring hacking technology from china? >> yes. this has been documented many times that the best cyber warriors are trained in china and russia. the information and the packets of information we have seen are modeled on stuff the chinese have. so clearly north korea has been able to launch state-of-the-art attacks. they
facilities north korea has cobbled together are all over the world, not just in china, also in the uae, and in germany. >> four or five different countries. most of them are in the people's republic of china, including the luxury hotel that has gotten all of the publicity lately. when you have more than 100 or 300 cyber hackers in china on a permanent basis, the chinese authorities had to know what was going on. the chinese are involved in cyber hacking of their own. and we know these...
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Dec 15, 2014
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whether we get down to the 40's, numerous producers, the uae oil minister talking about it, an iran oil 6-7 months. how low we can go is interesting. almost more interesting is how low -- how long we stay >> if they want to grab market share, they've got to keep market prices for a while, do not? >> you would think so. there are other interesting factors at play. if you look at u.s. producers and their hedges, you will see about 40% of u.s. production is hedged in 2015. if you've got a marginal well that doesn't work, but it would work back at $80, you are hedged , and you think that crude is going to come back up. maybe you drill through. there is a lot more uncertainty around the demand and supply picture than we've had for the last three or four years. >> who is hurt most by this? visit countries like russia and it countries like russia and iran? >> yes, it's all relative. you see these numbers about what the breakeven production costs are for opec members. i'm sure they are well constructed, that i'm sure they are relative rather than absolute. iran is hurt more. venezuela is hurt m
whether we get down to the 40's, numerous producers, the uae oil minister talking about it, an iran oil 6-7 months. how low we can go is interesting. almost more interesting is how low -- how long we stay >> if they want to grab market share, they've got to keep market prices for a while, do not? >> you would think so. there are other interesting factors at play. if you look at u.s. producers and their hedges, you will see about 40% of u.s. production is hedged in 2015. if you've...
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Dec 7, 2014
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i was actually born in the uae... >> hinojosa: in the united arab emirates. >> yes, and then i moved to lebanon when i as ten, and i grew up there until i was 21. then i moved to michigan, michigan to new york, new york to la. >> hinojosa: okay, and why did you decide to leave your country and say, "i'm going to move to michigan"? what was the dream for you? i mean, was it... because you hadn't spent time in the united states, right? >> no, well, actually, i was in the states when i was two years old. my mom... you know, my folks traveled a lot. we were like, really well off, initially, and then my father lost everything. so it's a very interesting story. i hadn't seen my dad like, 20 years, and then eight years ago, i finally got to see him. so it was like, a really profound sort of experience. but on that note, it was... for me, it was that time when we were like, really young and my folks had the money we would travel a lot, and one of the countries was america. my mom spent like, three months in florida, took us to walt disney every day, and i don't remember any of that. we have
i was actually born in the uae... >> hinojosa: in the united arab emirates. >> yes, and then i moved to lebanon when i as ten, and i grew up there until i was 21. then i moved to michigan, michigan to new york, new york to la. >> hinojosa: okay, and why did you decide to leave your country and say, "i'm going to move to michigan"? what was the dream for you? i mean, was it... because you hadn't spent time in the united states, right? >> no, well, actually, i...
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Dec 16, 2014
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you have the official uae oil minister saying there's no need for an emergency meeting coming through from opec. it does seem like many of the gulf producers, they're simply willing to sit and wait it out despite the fact that oil is moving substantially lower. >> and "worldwide exchange" viewers stay right there. we will be bringing you the bank of england stability report from governor mark carney. stay right there. that's coming up. thanks. ♪ [ male announcer ] fedex® has solutions to enable global commerce that can help your company grow steadily and quickly. great job. (mandarin) ♪ cut it out. >>see you tomorrow. ♪ on thinto an entire tribe's studentseducation. to turn their education but only five percent of indians on the reservation can afford to go to college. >>> hi, everyone. welcome back. you're watching "worldwide exchange." the bank of governor mark carney is set to deliver the stress test results for uk banks. we'll be bringing you that as it's happening. it's just starting right now. we heard already the stress test results for the bank of england, all banks passed exc
you have the official uae oil minister saying there's no need for an emergency meeting coming through from opec. it does seem like many of the gulf producers, they're simply willing to sit and wait it out despite the fact that oil is moving substantially lower. >> and "worldwide exchange" viewers stay right there. we will be bringing you the bank of england stability report from governor mark carney. stay right there. that's coming up. thanks. ♪ [ male announcer ] fedex® has...
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Dec 5, 2014
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the uae is part of the u.s. led coalition conducting air strikes against isis in iraq and syria. recently al baghdadi the leader of isis called for an increase in lone wolf attacks. the u.s. embassy calling all americans to keep a low profile when traveling in public. >> holly henneberg, thank you. >> a manhunt is on the way for a man accused of killing wise wife and a neighbor. he killed his wife and a neighbor and going to the church where he worked and shot the minister allegedly james trip battle. he is survived six children. police not revealing the motive. >> oo jody arias costing you a pretty penny. the bill for the legal defense team already topping $2.7 million. and since she can't afford the hefty bill it falls on you the tax payer. she was found guilty of killing her boyfriend travis alexander in 2008. jurors couldn't agree on a sentence now a new jury has to decide her fate. >> now it is time to brew on this. what happens to keeping christ in christmas? florida atheists are taking over. it showed an angel falling into the fire of hell right next to a n nativity scene.
the uae is part of the u.s. led coalition conducting air strikes against isis in iraq and syria. recently al baghdadi the leader of isis called for an increase in lone wolf attacks. the u.s. embassy calling all americans to keep a low profile when traveling in public. >> holly henneberg, thank you. >> a manhunt is on the way for a man accused of killing wise wife and a neighbor. he killed his wife and a neighbor and going to the church where he worked and shot the minister allegedly...
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Dec 22, 2014
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the uae oil minister has urged oil ministers not to raise their production, in order to study price of oil next year. the price for regular gas in the u.s. has dropped another 25 cents per gallon in just the past two weeks and that brings the national average to $2.47. it is the lowest gas prices have been in the u.s. in the last five years. analysts say gas will keep following. the price for regular will drop below $2. join us for that in just a few minutes, the focus on the week ahead. as we look at the future of oil production. >>> the latest on the sony hacking story. north korea says more hack is possible. the release of the interview was cancelled last week in the wake of the theaters, making of that comedy film. meanwhile the united states has been considering its response to north korea. diplomats have asked china to intervene with pyongyang. and president obama denied the u.s. is at war with that country. >> i don't think it was an act of war. i think it was an act of cyber-vandalism that was very costly, very expensive. we take it very seriously. we will respond proportionall
the uae oil minister has urged oil ministers not to raise their production, in order to study price of oil next year. the price for regular gas in the u.s. has dropped another 25 cents per gallon in just the past two weeks and that brings the national average to $2.47. it is the lowest gas prices have been in the u.s. in the last five years. analysts say gas will keep following. the price for regular will drop below $2. join us for that in just a few minutes, the focus on the week ahead. as we...
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Dec 15, 2014
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even if prices fall as low as $40 a barrel, the uae minister says the oil trouble not cause opec to makee -- oil drop will not cause opec to make a move. at this point it will not be another meeting that would address output or potential cuts for at least three more months. ulls did not see this coming. gold is heading in the same direction, at least for now. longest slump in five weeks on concerns the fed is coming close to raising interest rates. this is all about the meeting by fed policymakers and one strategist one at that a lot of investors are waiting on the sidelines until they get a clearer picture of what the fed is going to do. >> tough time for the oil bulls you talk to. >> a lot of the funds must've gotten hurt because the data shows that a lot of speculators added to their bullish bets taking the selloff was over, and you can check out the chart, especially in the past month, that has proved them wrong. all about the timing, michael lynch says, and he says it is normally difficult to get that right, especially so here. gas prices around the country are dropping to the lowes
even if prices fall as low as $40 a barrel, the uae minister says the oil trouble not cause opec to makee -- oil drop will not cause opec to make a move. at this point it will not be another meeting that would address output or potential cuts for at least three more months. ulls did not see this coming. gold is heading in the same direction, at least for now. longest slump in five weeks on concerns the fed is coming close to raising interest rates. this is all about the meeting by fed...
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Dec 22, 2014
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saudi arabia and uae are confident of opec's action he but just how low are they expecting pricings to get? >> reporter: well, depends entirely who you talk to. if you talk to the arab ministers they are very positive about the whole market. but of course much of the oil industry is based on speculation. if you speak positively about the market one would hope you would get positive results in the markets the other end. hasn't really happened yet. there's certainly been no rebound when you are looking at the print oil prices. economists are slightly more pessimistic. many of them are saying it's taken six months to get to this point. around june it was $111 a barrel, if you are talking about brent, and now 60, $61e $61 a b. and it's the governments that rely very, very heavily on oil revenues for them to keep their countries going. it means a lot less investment, means the down grading of what they are able to invest in in the coming year. >> all right, acrea than erica l the time we have. erica wood speaking to us from abu dhabi. >>> in france airbus has handed over its first a-350 to
saudi arabia and uae are confident of opec's action he but just how low are they expecting pricings to get? >> reporter: well, depends entirely who you talk to. if you talk to the arab ministers they are very positive about the whole market. but of course much of the oil industry is based on speculation. if you speak positively about the market one would hope you would get positive results in the markets the other end. hasn't really happened yet. there's certainly been no rebound when you...
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Dec 8, 2014
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why the uae of all places are they allowed to operate? >> it is an interesting question. it's something that struck us as well as we were doing the reporting. here's is the challenge with hacking from north korea. north korea has an advanced cyber warfare capability, most of which they got from russia or iran or other partners. north korea only has one outbound connection to the internet, and that is through a chinese internet provider. if an attack were ever to be traced back to that internet connection, attribution is instant. so they have she's satellite offices around the world usually operating under front companies. they are not north koran embassies, these are front companies that access the internet and access talent in some of these countries, germany, russia, china, and others. this is a necessity for north korea to implement their cyber warfare attacks, because it is simply too risky in many cases to launch them from north korea itself because of its control over the internet. it is very easy to identify when it would be then. they operate she's satellite offic
why the uae of all places are they allowed to operate? >> it is an interesting question. it's something that struck us as well as we were doing the reporting. here's is the challenge with hacking from north korea. north korea has an advanced cyber warfare capability, most of which they got from russia or iran or other partners. north korea only has one outbound connection to the internet, and that is through a chinese internet provider. if an attack were ever to be traced back to that...
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Dec 9, 2014
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. >> yes, we are in very close cooperation with the united states, uae and part of the coalition.are part of a coalition of some number of countries, 28, i believe, at the last count, and we're committed to taking on isil, or isis, whatever you call the group. they are very barbaric. they have attempted to take over the governance by force in iraq, and creating havoc and barbaric behavior in syria. we have planed deployed. they are on missions as we spoke, and we will continue to be part of the coalition efforts to try to provide security in that region, and hopefully save lines over the long haul. >> ambassador while i have got you, i want to talk about ukraine. stephen harper told the russian president, quote, you need to get out of ukraine. canada has taken a strong position on this. what else can canada and the united states, for that matter to be pressuring moscow to comply? and is there any chance of russia getting out of ukraine. >> well, i i'm glad the prime minister was blunt. having said that, we have been again part of the coalition on economic sanctions. we have been p
. >> yes, we are in very close cooperation with the united states, uae and part of the coalition.are part of a coalition of some number of countries, 28, i believe, at the last count, and we're committed to taking on isil, or isis, whatever you call the group. they are very barbaric. they have attempted to take over the governance by force in iraq, and creating havoc and barbaric behavior in syria. we have planed deployed. they are on missions as we spoke, and we will continue to be part...
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Dec 4, 2014
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shopping mall, an upscale shopping mall toilet, just miles from where we are here at the cnn bureau, uaeed the house of an emerate woman in her late 30s and took her into custody. that's what we learned at a press conference about an hour or so ago. the woman you see in this video is suspectsed of stabbing to death 47-year-old ebola ryan on monday. you're seeing these images showing availed figure on what is a mission of malice. police now say shortly after the stabbing attack, the mysterious suspect was already aiming at her next target, carol, another u.s. citizen. this time a muslim american doctor. this time with a home made bomb. fortunately a plan that was failed. this looks like a terror plot. it feels like a terror plot. it smells like a terror plot or attack and certainly a deadly attack on the american victim. but what authorities will say only is that the suspect probably meant to spread fear and chaos. you're looking at pictures here of the authorities raiding the house of this suspect. she fled in a car from a scene of the original killing. 90 minutes later she was at the ap
shopping mall, an upscale shopping mall toilet, just miles from where we are here at the cnn bureau, uaeed the house of an emerate woman in her late 30s and took her into custody. that's what we learned at a press conference about an hour or so ago. the woman you see in this video is suspectsed of stabbing to death 47-year-old ebola ryan on monday. you're seeing these images showing availed figure on what is a mission of malice. police now say shortly after the stabbing attack, the mysterious...
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Dec 16, 2014
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they are russia, qatar, the uaherbing -- uae, and a whole host of african nations. can also add in kazakhstan, iraq, the netherlands. but the first countries control 62% of the gas reserves. the group says we're not a cartel. we have no plan to manipulate prices, rather we want to understand how to exploit this resource for better gain. there was a thought of setting up a gas bank for developing new fields and pipelines. it hasn't really gone anywhere, though. but also competors in delivering gas to asia and europe. but gas prices are falling, which means there are winners and losers. take the global head of advisory for energy and resources explains a bit more. >> so let's look a little bit around the winners. if you look at what has happened to the lng price in asia, that's half this year, so for people like japan, that buy 70% of the lng, that is absolutely great news. if we start looking at who is the possible losers, that can be people like america. shale gas is cheap. however, if you start liquidfaction that and add the transportation price, and compare it to
they are russia, qatar, the uaherbing -- uae, and a whole host of african nations. can also add in kazakhstan, iraq, the netherlands. but the first countries control 62% of the gas reserves. the group says we're not a cartel. we have no plan to manipulate prices, rather we want to understand how to exploit this resource for better gain. there was a thought of setting up a gas bank for developing new fields and pipelines. it hasn't really gone anywhere, though. but also competors in delivering...
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37
Dec 5, 2014
12/14
by
ALJAZAM
tv
eye 37
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do you think they have active cells in the uae? >> i think al-qaeda has cells almost everywhere. any time you are going to get, you know, it only takes a small group of sympathizers. it doesn't mean they have a lot of capability all of these places. and in some ways, this shows how little capability they can have. they have this cell. it's evidently, you know, banded together and trying to do things, and, you know when we all feel badly for this poor kindergarten teacher and her family, this is not a high-profile u.s. target. this is a middle-aged american kindergarten teacher. it's not like you are taking on an ambassador or striking a military target. it doesn't really -- i am still trying to figure out exactly here. >> you know, there have been a series of attacks on westerners in saudi arabia as in recent weeks. ms. ryan's murder follows some postings on message boards apparently urging western teachers in the area be killed, something that the american embassy had highlighted because they were concerned. are risks starting to mount for westerners in the arabian peninsula? ob
do you think they have active cells in the uae? >> i think al-qaeda has cells almost everywhere. any time you are going to get, you know, it only takes a small group of sympathizers. it doesn't mean they have a lot of capability all of these places. and in some ways, this shows how little capability they can have. they have this cell. it's evidently, you know, banded together and trying to do things, and, you know when we all feel badly for this poor kindergarten teacher and her family,...
101
101
Dec 15, 2014
12/14
by
CNBC
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. >> i heard the uae minister said opec will stand by decision not to cut crude output even if it falls$40 a barrel. are they able to withstand that pain? >> they can do it. if you recall back in 2009 we felt the $34 a barrel and it was a lot of pain that was inflicted in many of these countries. but they can withstand it much better than venezuela. >> do you believe opec when they say they are basically powerless to stop the falling prices, that it needs to be a global agreement? i know they are pointing the finger here and elsewhere in the world like russia and mexico, non-opec countries and saying we need a global agreement to get this together and stop prices from falling. >> in the u.s. oil production is up about 60% over the last five years. as a result that increase in production has really overwhelmed the market in the face of slower demands. >> what happens when you say get used to low prices for another year? what happens in a year from now that you believe will put prices back up to the upside? >> i think that prices will stabilize a year from now. the reason they are going t
. >> i heard the uae minister said opec will stand by decision not to cut crude output even if it falls$40 a barrel. are they able to withstand that pain? >> they can do it. if you recall back in 2009 we felt the $34 a barrel and it was a lot of pain that was inflicted in many of these countries. but they can withstand it much better than venezuela. >> do you believe opec when they say they are basically powerless to stop the falling prices, that it needs to be a global...