Enters a third day. The u. S. Is moving an Aircraft Carrier strike group closer to the region. We are watching wider diplomatic fallot as one report says iran helped hamas plan its unprecedented crossborder assault. Shery watching the wildcard in the oil markets. At the potential the conflict could spread to the rest of the middle east. Gains for oil prices on that potential up 86 per barrel for wti. Rent is past 88 per barrel after oil posted the biggest weekly drop since march. Iran is a Major Oil Producer and key backer of the hamas group. Though there is no immediate threat is applied. People are watching what will happen with the shipping on the strait of hormuz where tehran has threatened to close it in the past. I did the treasury space Higher Oil Prices could mean higher global government yields freed we saw the 10 year yield and 30 year yield at the highest levels since 2007 last week. We saw a little more stabilization through the week with cash treasuries closed monday for t
You know who served his country with honor in iraq and had served in afghanistan. And i remember our meeting last spring with senator corker. My democrat counterpart Elliott Engle and i had put together a bipartisan house version of the Taylor Force Act which we will be marking up in a few weeks. And i want to thank him again for taking the time to address us here today. Ladies and gentlemen, mr. Stuart force. [ applause ] good afternoon. And thank you for chairman royce. And to the Hudson Institute. As youll notice very quickly, im not an xapt in any of the subject matter today. Im here as an unofficial representative of a group that no one ever wants to be a part of. Families of victims of terror. We lost taylor in a palestinian terror attack in israel about a year and a half ago, and we immediately became members of that horrific club. He was a west point grad and as chairman royce said two combat tours in iraq and afghanistan and brought his troops home safely from both tours. Comp
Capalonia grow louder in spains richest region. The u. S. President has outlined a plan for taking on the Islamic State group in iraq and syria. Barack obamas strategy including air strikes in both countries, plus sending more troops to iraq to advice iraqi forces. But syria says any attack without the content of damascus is considered an aggression. Reporter for the past year, the Islamic State group has proven to be the strongest and most effective force fighting troops loyal to president bashar alassad. Hundreds of soldiers have been killed in the last month, and the i. S. Controls almost one third of syrian territory. The u. S. Is faced with a dilemma, wow to weaken the Group Without interfering with participate bashar alassad. Translator in syria the question is who will benefit most from the absence of the Islamic State when it is defeated. Reporter u. S. President Barack Obama Says he wants a moderate force to defeat the i. S. , allocate money to train it and give it weapons. It
Mohammed Al-Emadi, head of the Qatar Committee for the Reconstruction of Gaza, arrived Monday night on a trip to assess and follow up on reconstruction plans and Qatari grants provided to the besieged enclave.