Militants who have slept through the north are now getting close to the capital of baghdad. Iraq is getting closer to civil war. What does this mean for companies that operate their . There are companies that do business in iraq. Overwhelmingly it is in oil sector. Reserves ofven oil 100 50 billion barrels, almost as much as 100 27 cubic feet of natural gas and has quadrupled production by 2017. The that has attracted the big oil companies. They have been operating in the country since 2011 in northern iraq, which is basically self ruled. Of it is considered an easier place to do business because a corporation can own the entire project and projects are actually transferable. Three quarters of the oil is actually in the south. It is about 90 of exports. Iraqtinued contributed profitable production. What has happened to their business since the outbreak of the violence . Short term, not a lot but longer term there is ramifications. There are reports that a pipeline exports are under mil
This is al jazeera ah hello, im carrie johnston. This is in the is our life. Coming up in the next 60 minutes. We are prepared for the long haul and that we will support them for as long as seats takes a pledge to provide more weapon systems for ukraine. As nato defense ministers meet in brussels. Brought him, putin blames europe for its Energy Crisis and says russia is ready to supply gas to the continent once again. Civil disobedience citizens are staged in short, fat refugee captain, occupied east jerusalem. And protests against a siege by Israeli Forces on india, stocks production of a cough syrup lame for the deaths of children in the gambia. Many a question. Its drug regulation. Hi, im sorry, hydro to sports. Natalie. A closing in on the last 16 of the Champions League. Lead against i ax, well, when will take them through to the knockout stage . Ah, nato secretary general wants Member States to send more air Defense Systems to ukraine. Well, this week has seen some of the biggest
Americas cup gave us the opportunity to provide generational maintenance. They also what was so great they allowed us to start working with other partners of the venues that led to jobs and opportunity for other. We had i want to say we used mission hiring hall. We used the good will and a number of job Training Programs we had about one hundred people we hired from the city of San Francisco. At any time we were running 45 to 50 people. Americas cup went to bat for our company with our partners when our partners said we dont know much about First Maintenance Company americas cup said give them the opportunity. From that work we started working well, nation and when we were able to expand outside of that we got a job at knob hill and hired about 6 other people in your company to purchase equipment in the spirit of my father i wish he could have been here he passed away. Thank you so much for the opportunity of americas cup thank you very much. Next speaker, please. Hi, im a partner with
A race only oracle can win thats not a thing about the americas cup. By righttwo thats the highest level of quoting they have a tack all composition i want to request as the negotiations go forward i ask and appreciate your discussion as how the costs wont be as high because weve done the performance already so in the future Fire Department i think it make sense that we are able to understand get a better commitment from alison and oracle about, you know, they would pay more for using our facilities. Thats my part and we said the Business Plan is going to have to be wellthoughtout supervisor campos. Thank you, mr. Chair. Thank you supervisor avalos for calling for this hearing i think its long overdue. And following up on the question that supervisor avalos asked about oracle and mr. Alison how do we know he lost money. I want to be sure were careful about making statement we know their accurate. I imagine mr. Alison will say he lost money this is in my opinion without reviewing the in
Thats a thing of great beauty after the volatility that we had last week. Takes the gains for the year to 6 . Joining us now for the exchange, ralph siegel and jim carr and Jennifer Vail also with us, and our very own rick santelli. Ralph, let me kick off with you. This is a very, very strong week. It indeed has been. The market seem to be focused on fundamentals. Earnings better than we might have expected. And its rejecting accordingly. Yeah. To that minority, 3m in the wake of the earnings up 8 . Phil, where do we go from here in your view . I see the s p going higher. We think adding another 2 to 3 above the years total is a possibility. I think its a wonderful time in the market. Its all coming up roses, rick santelli. Listen. I never want to deny improvement. Talking about improvement, you have to have a baseline and i try to Pay Attention to historic baselines. Theres a lot of underperformance in the economy. Countries underperforming by momo more. Not a lot changed since that d