the united arab emirates, the volume which trade goes beyond $400 billion. the volume of our trade with iran is less than 4% of that amount of money, so if i am interested in what you have said, the 4% doesn't make anything. the foreign trade is not the core of the life and economy and the emirates, one sector in the emirates is more than the volume of the trade. the tourism, tourism represents 17 million visits to the emirates and these tourists make huge impact on the economy. yes, we have historic relation, commercial relations between iran and the emirates in the '60s and the '70's and the relation at that time was the core of the economy. the media are trying to mention that in the he will rats, we have half a million iranians but the fact is in the emirates, we have less than 90,000 iranians. you can go to the commerce chambers and ask the numbers of the iranian companies. they said there are tens of thousands of iranian companies, but no, very few thousand on paper and in reality, no more than 200 companies. we need not to exaggerate. and listen once

as well as the united arab emirates - who is recalling its ambassador from tehran. this started with saudi arabia's execution of a prominent shiite cleric - one of nearly four dozen people put to death there over the weekend. outraged iranians stormed the saudi embassy in tehran. the protests continue - along with angry rhetoric between the two countries. "since saudi arabia sees not only its interests, but also its survival in the continuation of tensions, therefore it has used this issue as another excuse to increase tension and conflict." iran says more than 40 protesters were arrested - and expressed regret over the violence. president obama says the path is clear... for executive orders control measures. "we have tens of thousands of people every single year who are killed by guns, we have suicides that are committed by firearms." we have a frequency of mass shootings that far exceed other countries." the president met today with attorney general loretta lynch... fbi director james comey... and other top law enforcement officials - who discussed options for gun

massive flames engulfed the "address hotel"...a luxury highrise in downtown dubai in the united arab emirates. the 63-story hotel-and-condominium is located near the world's tallest skyscraper...where tens of thousands gathered for massive fireworks display to usher in the new year. the fire broke out two hours before midnight. officials rushed to evacuate the skyscraper as enormous flames ripped through the building consuming at least 20 floors - in a matter of minus sot: voice of ire pm/ss e- cbsrise agagwas it the fireworks? what is that? officials say the hotel's sprinklers and internal fire- fighting systems helped to prevent the spread of the flames. despite the fire -- dubai went ahead with its government officials say one person died from a heart attack during a stampede while the building was evacuated authorities are still trying to pinpoint the cause of the fire. let's take a live looa london, england... where they're celebrating the new show.... resolio to get out debt? we'll tell you the three things you need td - to get your debt under control for the new year. and see

randy: right now spoke is still billowing from the hotel burned in dubai, the united arab emirates. the 63-story building erupted as thousands awaited a new year's spectacle. investigators say large explosions could be heard inside dubai's most famous luxury hotel. those blasts continued throughout the night. fire started on the 20th floor of the building. hundreds were evacuated. only about 20 people were hurt. it happened just hours before fireworks were set to go off in the city. >> there was like a small orange light. we thought maybe they're rehearsing for something. so we didn't really care about it much. they kept growing and growing, and then there was smoke. we just pulled our phones out and started recording and it was a fire. randy: fireworks burst into the burning. there's been no mention of terrorism or arson as investigators work to determine now, that fire in dubai raises questions that highlights concerns about the possibility boston. city firefighters say that routine safety inspections must be carried out, and strict building codes enforced throughout the state. th

bahrain, sudan and the united arab emirates all cut or downgraded ties with iran after the saudi embassy in tehran was ransacked. u.s. officials are working behind the scenes to lower tensions between sunni-led saudi arabia and shy right-ruled iran. california woman confronted a starbucks worker who allegedly stole her credit card information. >> we got you on camera yesterday. you sold $12. you know the cops are coming up here. >> the woman says the 19-year-old cashier copied her details when she came through the drive through on new year's day. in the video, she admitted using it to buy $212 in groceries. she has since been fired. >>> and "vanity fair" profile this month is on megan kelly him she claims donald trump tried to woo her before launching his presidential bid. she recounts in preparing, she questioned trump on negative remarks he's made towards women. >>> still ahead, a facebook message for young women. ceo mark zuckerberg encourages girls to embrace their text >>> later, the cop captures the moment a missing girl is found safe. .e. love at first taste. i would liquefy it an

they will also support operations in jordan, qatar, united arab emirates and iraq. this is his second deployment and it's his birthday too and every year he's been in boots while this is the second deployment for staff sergeant lawrence magee nearly 70 percent of the sustainment brigade will be going to a war zone for the first time. if that isn't enough stress these civilian soldiers who work among us when not called for active duty will be away from family for a year. how are you going to deal with this? i don't know annvi fuller's husband lee says they will rely on today's modern that one year a little easier to handle skype, phone calls whatever we can do for sergeant benjamin alworth who is on his first deployment getting to serve his country is something he's been wanting to do it's something i volunteered for you know and i'm just really ready to go. you know the waiting is the hardest part. while the waiting is the hardest part, the national guard also recognizes that the families being left behind are as important those heading to the middle east, especiall

they will also support operations in jordan, qatar, united arab emirates and iraq. this is his second deployment and it's his birthday too and every year he's been in boots while this is the for staff sergeant lawrence magee nearly 70 percent of the sustainment brigade will be going to a war zone for the first time. if that isn't enough stress these civilian soldiers who work among us when not called for active duty will be away from family for a year. how are you going to deal with this? i don't know annvi fuller's husband lee says they will rely on today's modern technology to make that one year a little easier to handle skype, phone calls whatever we can do for sergeant benjamin alworth who is on his first deployment getting to serve his country is something he's been wanting to do it's something i volunteered for you know and i'm just really ready to go. you know the waiting is the hardest part. while the waiting is the hardest part, the national guard also recognizes that the families being left behind are as important those heading to the middle east, especial

sudan, united arab emirates. kuwait as well.the religious pilgrims that come to perform the haj here in saudi arabia, tens of thousands every month or so to saudi arabia, they can still come. the reality on the ground here and as i've been speaking with government officials in riyadh today, they all believe iran is trying to interfere inside saudi arabia. they believe that the shiite cleric who was executed for the saudis fermenting ter rosm was in fact being egged on by iran. they believe that until iran decides to stop interfering as they say inside saudi arabia then they will continue this diplomatic spat, the country feels under pressure from iran to the south and yemen north. they feel syria as well. iran is maintaining a strong hand there. saudi's interests are diminishing in that country. this is the context to this diplomatic spat. and at the moment today we're not seeing any downturn. only getting tighter spot and these are the two most powerful countries in this region alisyn. >> thanks for laying out all of the comple

the already volatile region are getting worse.today, bahrain and sudan cut ties with iran and the united arab emirates recalled its ambassador. two oregon ranchers reported to a federal prison today to serve time for arson.but it's the actions of another group grabbing the headlines tonight. tonight.dwight hammond and his son steven were convicted of starting a fire on protected lands to cover up illegal poaching.the family is disputing those accusations. now a group led by ammon bundy is responding by seizing a federal building on a nearby wildlife refuge.the group says it wants area ranchland to be returned to the families who once owned it.the f-b-i is working to resolve the situation, peacefully. cbs 2 news is learning new details detailsabout a weekend shooting in nashua.56-year-old karl white died after being shot saturday afternoon. authorities did take the shooter into custody, but no charges have been filed.they believe the shooting may have been an accident. now ten at ten continues with a look at tonight's other stories across the corridor. the national weather service now says hia

reporter: massive flames engulfed the address hotel, a luxury high-rise in downtown dubai and the united arab emirates. people inside said it was chaos. >> the heat was so dense it was unbelievable and just people started to panic, crush crushing each other trying to get down the stairs and jumping over railings. i can't believe how fast it happened. >> reporter: the 63-story hotel is located near the burj khalifa. >> i used to live on the 32nd floor and spent new year's eve at the address. it's really the place to be. >> reporter: the fire broke out two hours before midnight. officials rushed to evacuate the skyscraper as flames ripped through the building, consuming at least 20 floors in a matter of minutes. but some residents say the alarm didn't sound right away. >> the alarm went off when the building was on fire. >> reporter: firefighters raced to contain the blaze. crowds could hear several explosions. >> reporter: official say the hotel's springklers helped diffuse the fire. chris martinez, cbs news. >>> when president obama returns to washington next week, he has new plans for action

. >> massive flames engulfed the address hotel, a luxury highrise in downtown dubai in the united arab emirates. people inside said it was chaos. >> the heat was so intense outside, it was unbelievable. and just people started to panic, crushing each other trying to go downstairs and jumping over railings. i couldn't believe how fast it actually happened. >> the 63 story hotel and world's tallest skyscraper, the burj khalifa, where tens of thousands gathered for a new year's fireworks display. >> i used to live on the 32nd floor. and i've spent new year's eve at the address. it's really the place to be. >> the fire broke out two hours before midnight. officials rushed to evacuate the skyscraper as flames ripped through the building, consuming at least 20 floors in a matter of minutes. didn't sound right away. >> it was slightly worrying that the alarm went off essentially when the building was properly on fire. building as firefighters raced to contain the blaze. >> crowds could hear several explosions. >> i just heard a big bang. hang on. was it the fireworks? >> officials say the hot

they will also support operations in jordan, qatar, united arab emirates and iraq. this is his second deployment and it's his birthday too and every year he's been in boots while this is the second deployment for staff sergeant lawrence magee nearly 70 percent of the sustainment brigade will be going to a war zone for the first time. if that isn't enough stress these civilian soldiers who work among us when not called for active duty will be away from family for a year. how are you going to deal with this? i don't know annvi fuller's husband lee says they will rely on today's modern technology to make that one year a little easier to handle skype, phone calls whatever we can do for sergeant benjamin alworth who is on his first deployment getting to serve his country is something he's been wanting to do it's something i just really ready to go. you know the waiting is the hardest part. while the waiting is the hardest part, the national guard also recognizes that the families being left behind are as important those heading to the middle east, especially the children

yesterday, bahrain and sudan announced they're severing relations, and now the united arab emirates says it's recalling its ambassador from tehran. the dispute started with saudi arabia's execution of a prominent shiite cleric who they say advocated for islamic terrorism sponsored by iran. the cleric was one of nearly four dozen people put to death there over the weekend on terrorism charges. sources tell cbs news the newest so-called jihadi john to speak for isis is siddartha dhar, a london father of five who left to join isis terrorists in syria over a year ago. the english-speaking militant threatens attacks against britain in a 10 minute isis video that appears to show the execution of five men. british police arrested dhar in 2014 on suspicion of encouraging enough evidence to hold him. and take a look at this. two pedestrians in turkey were hurt after a build up of snow fell from the roof of a mosque onto a busy street. two women were buried under the avalanche of snow. they were taken to the hospital. their conditions are unknown. coming up, how a new feature on apple iphones is c

jc: yes, they traveled to antarctica chilly, morocco, spain, the united arab emirates. ed: seriously? jc: it' s not human. it' s not human. ed: there are 168 hours in a week. jc: seven days. traveled around the world and ran a marathon on every continent. ed: one. -- won. jc: won. lynchie: -- mike: antarctica is beautiful this time of year. we have a few snow flurries. there' s not too much with this one. what is left of it, just on the outer reaches of cake pan. you get to essex is pretty much over with. we are seeing a few sprinkles in the plymouth area. this will be pushing to the outer cape, so you will see a few raindrops. otherwise there' s not too much to talk about. this storm system will blow off and it will go offshore. that is where you will see the heavy rain -- heavy snow, up around nova scotia. gloucester does not get in on this one. it will leave a little snow in the mountains for those of you who will the doing some skiing this weekend. tomorrow morning, look at that, crystal clear skies. it will be on the chilly side. tomorrow afternoon, the sun warms u

united states. relations between saudi arabia and the obama administration are just terrible. and i think that's part of why the saudis are striking out on their own to show their people, the araborld that they can fight their own battles. >> how much of the reason for the breakdown in confidence that the saudi leadership has for the united states for president obama? how much of that is because of the red line president obama marked when it came to assad using chemical weapons in syria and then didn't actually follow through with any military action against assad? >> i think that was part of the saudi loss of confidence that the u.s. was prepared to use military force, but truly this dates back to the ouster under american pressure of president hosni nmubarak in egypt. and the saudis basically said if the americans would do this to mubarak, what would they do to us? and i think it led to a fundamental breach in the trust and confidence. still haven't really recovered from it. >> and how could this impact the u.s.-led coalition against isis? >> isis is the primary beneficiary of this tension. as the middle east rips apart along sectarian lines, that's basically isis' strategy c

genie: we are hearing the united arab emirates is also downgrading its diplomatic ties with iran. that is from the state-run news agency there. the execution of that prominent shiite cleric also sparked outrage in iraq. at least two mosques were attacked in what looked to be retaliation for that execution. those attackers are still unknown, but the iraqi prime minister has vowed to track them down. the government in iraq has called the recapture of the key aty of remedy -- ramadi turning point in its war against the islamic state group, but hundreds of militants are still holed up across the city. >> iraqi special forces try to take out the remnants of militants. ramadi was in the hands of islamic state group until last week, when troops took control. willing, we -- god will be tomorrow in -- it does not matter how cold or rainy it is. morale iso is -- high, but claims that they had ousted the jihadists were premature. i.s. fighters in hiding have planted bombs, booby-trapped homes, and stepped up suicide attacks. iraqi forces have been rescuing civilians who were used by militant

what came out of morocco in december because that was under someone who was colluding with the united arab emirates who they see as a country that gives substantial aid to the government based in the east. i think martin cobbler is going to face a tough time ahead to convince to form an agreement to have a settlement in the country >>> you have i.s.i.l. rising on the one hands and a terrible humanitarian situation which was talked about there. >> it is a horrible situation. you have thousands of people driven out of their places, hundreds were killed in the fighting between armed groups and the fight between the east and the west, but to be able to solve those problems you have to have a strong government operating in tripoli that can reach out to the whole factions of the whole regions of the country >>> thank you very much indeed for that. a reminder, of course, that you can keep up-to-date with all the developments on all our stories at aljazeera.com >> every year, the u.s. imports more and more produce - fresh fruits and vegetables - from mexico. and every year, wages have stayed the s

stephen sesh, executive vice president of arab gulf states in washington, funded by saudi arabia and united arabmirates. i should tell the audience you were the former u.s. ambassador to yemen. i want to ask you, what happens, why now have we seen this break in diplomatic relations between saudi and iran? was it really about these protests or is there something more to it? >> well, i think ali, i think the break itself is probably a direct result of the iranian allowance if you will if the mobs to enter the saudi embassy in tehran. this was all triggered by what the saudis had done and it was not a surprise to anyone to see the response it engendered on the part of the iranians or the iranian government. the the unrest this has caused. >> they have under the executions, in fact 151 people have been executed 50 saudis from january to november, not including the 47 that we're talking about here. what's going on in saudi arabia? this new so-called muscular stance, normally saudi arabia last been a place that operates as mohammed jamjoom said behind closed doors with its partners. why this public di

and leave the country within 48 hours, and the united arab emirates announced it will downgrade diplomatic relations with iran. a white house spokesperson with the u.s. said the u.s. government is urging the government to show restraint. >> a spokesperson said the talks are aimed at condemning the actions against the saudi arabian embassy in tehran. now more from tehran. >> reporter: the attack on the saudi embassy might have the tensions have long simmered between the two countries, each led by a different muslim sect. saudi arabia by sunnis and iran by shias. the majority of people in iran are shia, and here in the capital of tehran, many reject saudi arabia's decision. >> translator: saudi arabia is scared of iran's power. that's why the country is looking for a pretext for damaging ties. >> translator: we don't want to fight, but if saudi arabia wants to cut ties, let them do it, but we don't want a war to start. >> reporter: but this dispute has the potential to affect more than the two countries. they are both involved in various conflicts in the region on opposing sides. in syria's

they will also united arab

chris: massive flames engulfed the address hotel, a luxury highrise in downtown dubai in the united arab emirates. people inside said it was chaos. >> the heat was so intense outside, it was unbelievable. and just people started to panic, crushing each other trying to go downstairs and jumping over railings. i couldn't believe how fast it actually happened. chris: the 63-story hotel and condominium is located near the world's tallest skyscraper, the burj khalifa, where tens of thousands gathered for a new >> i used to live on the 32nd floor. and i've spent new year's eve at the address. it's really the place to be. chris: the fire broke out two hours before midnight. officials rushed to evacuate the skyscraper as flames ripped through the building, consuming at least 20 floors in a matter of minutes. but some residents say the alarm didn't sound right away. >> it was slightly worrying that the alarm went off essentially when the building was properly on fire. chris: burning debris fell from the building as firefighters raced to contain the blaze. crowds could heard several explosions. >>

. >>> a massive fire at a highrise hotel in the center of dubai, united arab emirates, has injured at least 16 people. local authorities say the fire started on the 20th floor of the 63-story address hotel. they add that the flames mainly spread on the building's exterior. firefighters are trying to determine the cause of the blaze. >> it happened so quickly. i thought, oh, look, there's a fire. i never in my head could imagine the fire to become so big so quickly. so then i realized that it was dangerous for us to be here, we have to get out. >> the fire started while local residents and tourists were gathering near the hotel to watch an annual new year's fireworks display. the show went on as planned at burj khalifa, the world's tallest building, located near the hotel. >>> worshippers crowded a shrine in central tokyo on new year's day to pray for good luck in 2016. they waited in line for hours at meiji jungu before the clock struck midnight. when a drum was pounded to signal the arrival of the new year, people threw monetary offerings into a fenced area in front of a hall and pra

guard members will spend the next year in kuwait and will also support operations in jordan, qatar, united arab emirates and iraq. the national guard members will join some other nevada national guard who are currently deployed as military police in the middle east. democrats are working to gain support from voters with nevada caucuses a month away. "hispanic vote important, asian vote important,, african american vote important they basically go to the democrat. dont think there's a reason any minority should vote for the republican candidates." nevada senator harry reid is hosting a dinner for hillary clinton, bernie sanders, and martin o'malley tomorrow. he says he'll make a decision on who to endorse after the caucus. the democratic caucus takes the republican caucus follows on tuesday, february 23-rd. more than 170 thousand people are expected to attend c-e-s this year the convention, which kicks off tomorrow, is increasing security. fox5's shannon moore has more on the new safety measures and a look at some of the hot new gadgets being featured authorities are tightening things up this ye

they target five iranian nationals and a network of companies based in the united arab emirates in china but will have little effect on the day to day lives of iranians. the new sanctions have been in the works for two wiese but were delayed until after washington released -- secure the release of u.s.-iranian prisoners. our correspondent has more. swap, hailed as a breakthrough in diplomacy both in washington and tehran. president obama. this is a good day because we see what is possible with strong american diplomacy. it is a reminder of what we can achieve when we lived with strength and wisdom. >> the u.s. announced new sanctions months after iran conducted a bad test on a ballistic missile. in tehran, president rouhani welcome to the sanctions and said it will open up the -- welcomed the opening of sanctions, saying that it will open up -- thereare not going to -- is always a reaction for every action. if they violate the measures, there are mechanisms in the accord and we will apply them. >> support for the deal was not unanimous. prime minister benjamin netanyahu was adamantly opp

now bahrain, sudan and the united arab emirates all are limiting or cutting diplomatic relations with tehran. saudi officials gave diplomatic officials until tomorrow to leave the country after shia protestors stormed the saudi embassy. they were angry over the execution of shia cleric nimr al nimr, one of 47 executed after accused of terrorism. this morning, iran's foreign ministry is accusing the saudi's of trying to cover up those executions. >> from one crying to another, and this indicates its intention and its wonton -- to create tension after tension both back opposing sides in the conflict in syria and yemen. there are fears the standoff could stoke further tension president region. nimr al nimr has long been a political player in saudi arabia, a well known presence at anti-government demonstrations. he used sermons to criticize saudi rulers for their treatment of the shia minority. he had threaded to leave the shia muslims to secession, creating a government crack down in the minor's hard land. earlier we spoke to the former ambassador to saudi arabia. we asked if he was surp

its ally, bahrain, has followed sued, while the united arab emirates has recalled its ambassador. with many countries in the middle east already torn apart by religious differences, these tensions could destabilize the region even more, especially, scotot if saudii arabia and iran try to use those religious interests. >> pelley: holly williams reporting for us tonight in istanbul. holly, thank you. is man creating earthquakes in oklahoma? and they've discovered the wreck of "el faro," the worst u.s. when seems like we've hit a road block. that reminds me... anyone have occasional constipation, diarrhea... ...gas, bloating? yes! one phillips' colon healal probiotic cap each day helps defend against occasional digestive issues. with three types of good bacteria. live the regular life. phillips'. you both have a perfect driving record. perfect. no tickets. no accidents. that is until one of you clips a food truck, ruining your perfect record. yeah. now you would think your insurance company would cut you some slack, right? no. ur insurance rates go through the roof... your perfect re

the united arab emirates didn't let the fire stop the new years eve fireworks a few hundred yards away at the tallest building. >> we were cordoned off and we saw the flames that were on the other side of the building but i was coming around this side. >> reporter: it's 6 # story hotel and condominium. the fire started a couple hours before the new year. some of those inside say fire alarms did not go off immediately. >> i was -- it was nerve- racking because i didn't know what was going on. >> reporter: the fire consumed 20 floors in minutes. official evacuated everyone from the building. firefighters raced to contain the fire and sprinklers and helped prevent the flames from spreading. witnesses heard several explosions. >> i heard a big bang and it was the fire. >> reporter: and the high rise burned tens of thousands turned their attention to the 1 million people were expected year's eve show. one of the prime viewing spots was the address hotel. >> official believe it began on the 20th floor. no word on what sparked it. >>> u.s. amhurst is offering condolences to the family of a st

iran for the escalation, saudi arabia has severed its ally, bahrain, has followed sued, while the united arab emirates has recalled its ambassador. with many countries in the middle east already torn apart by religious differences, these tensions could destabilize the region even more, especially, scott, if saudi arabia and iran try to use those religious divisions to further their own interests. >> pelley: holly williams reporting for us tonight in istanbul. holly, thank you. oklahoma? and they've discovered the wreck of "el faro," the worst u.s. maritime disaster in 30 years. when the "cbs evening news" continues. we came up with a plan to help reduce my risk of progression. and everywhere i look... i'm reminded to stick to my plan. including preservision areds 2. my doctor said preservision areds 2 has the exact nutrient formula that the national eye institute recommends of moderate to advanced amd... after 15 years of clinical studies. preservision areds 2. because my eyes are everything. seems like we've hit a road block. that reminds me... anyone have occasional constipation, diarrhea..

united arab he can receipts is downgrade be relation witness tehran, focusing only on business betweenwo countries. >> federal workers will not report to work at a federal building in oregon. armed anti government protestors have been there since saturday and say they will not go until the ghost hands over the land. they object to a prison sentence for two local ranchers who burned property. >>> the mississippi river continues to rise, thousands of residents told to evacuate. in some places, the river is 16 feet above flood stage. 25 have died in the flooding, more than 100 homes have been destroyed. >>> port seek is expect to default on its billion dollars debt for the second time. >> the island owing creditors more than $37 billion. the island isn't likely to see any relief anytime soon. robert ray is live for us in tehran. the ag secretary saying the island is running out of food, so what can they do. >> the island is running out of food. the reason is behind me, you see the beautiful atlantic ocean, cargo ships come in here every single day and they bring food and items. in fact, t

united arab emirates downgraded their ties with iran.ckly started boiling over after saudi arabia executed 47 alleged terrorists, including disdidn't shiite cleric sheikh mirm al nimr. they quickly started retaliating. protesters hurled molotov cocktails and cheered as they torched then raided saudi arabia's embassy over the weekend. cnn's fred pleitgen is live in london with the very latest. fred, this is really shaping up into a battle with multiple countries taking sides. >> reporter: it certainly is. if you look at them, some are sunni muslim countries. if you look, for instance, at sudan, also bahrain led by a sunni monarchy but has a shia majority and united arab emirates are all countries siding with saudi arabia. on the other hand, you have iran. it really is almost scary, deborah, to see how quickly the relations between iran and saudi arabia are deteriorating. it was just moments ago the reuters news agency reported that on top of recalling its diplomats, the saudis are also severing all economic ties with iran, banning flights

the united arab emirates did not let the fire stop the fireworks just doors away at the world's tallest building. >> everybody is calmed down and then we saw the flames on the other side of the building, but they were coming around this side. >> reporter: the address hotel is a luxury 63 story hotel and condominium. the fire started a couple hours before the new year. some of those inside say fire alarms did not go off immediately. >> it was a little nerve >> reporter: the fire consumed 20 floors in minutes. officials evacuated everyone from the building. firefighters raced to capable the fire and they say the hotel -- contain the fire and they say the hotel sprinklers and internal firefighting systems helped prevent the flames from spreading. witnesses heard several explosions from inside the building. >> i just heard a big bang. is it a fire? >> reporter: as the high rise burned, tens of thousands turned their attention to the fireworks display. 1million people were expected to gather to up 0 the new year's eve show. -- to watch the new year's eve show. one of the prime viewing spots

according to the united arab emirates energy minister, any significant production hike will increase and further delay market rebalancing. >> they say it will be the u.s.. they say that among non-opec producers, the u.s. will be suffering the most this year and output will be cut by 380,000 barrels a day. we're also hearing from goldman sachs saying that the oil boom is going to go to reverse by the second half of this year and we should have a bowl oil market return by the end of this year. opec still thinks it's not the only one. other regions honorable can be canada and parts of asia as they need to cut spending in order to keep them afloat. >> you can get more on that story on our digital destination. bringing together the best of bloomberg news, bloomberg television, and digital content in one address. why some mining towns in australia are running out of water. how the economy became a standout among the emerging markets. we are checking other headlines for you this morning. countries, companies, and individuals hit by the slump in oil. his net worth has increased $120 million