Several different fronts this morning. We begin with the latest atrocity from isis. One japanese hostage dead. Isis demanding a prisoner swap to save the second. And at least one american hostage still being held. Brian ross is here with the latest. Good morning, brian. Reporter good morning, george. While the hostage being threatened is japanese, the u. S. Is very much involved in the efforts to free him. In part because of the close relationship with japan. And also because one of the other hostages is a 26yearold American Woman. For now, all efforts are focused on kenji goto. In the latest isis video, he was forced to hold a photo of what appears to be his beheaded cell mate, and then read a plea for his own life, asking for a prisoner swap, instead of the original 200 million ransom demand. They are being fair. They no longer want money. So you dont need to worry about funding terrorists. Reporter in japan, the Prime Minister called the video an outrageous and unforgivable act. And
Several different fronts this morning. We begin with the latest atrocity from isis. One japanese hostage dead. Isis demanding a prisoner swap to save the second. And at least one american hostage still being held. Brian ross is here with the latest. Good morning, brian. Reporter good morning, george. While the hostage being threatened is japanese, the u. S. Is very much involved in the efforts to free him. In part because of the close relationship with japan. And also because one of the other hostages is a 26yearold American Woman. For now, all efforts are focused on kenji goto. In the latest isis video, he was forced to hold a photo of what appears to be his beheaded cell mate, and then read a plea for his own life, asking for a prisoner swap, instead of the original 200 million ransom demand. They are being fair. They no longer want money. So you dont need to worry about funding terrorists. Reporter in japan, the Prime Minister called the video an outrageous and unforgivable act. And
Forgive me for turning this into a lightning round. But general clark we talked , about systemic financial risk. I wish we had five minutes to devote to this. Were basically out of time, but you talked about a book you wrote that discuss this and maybe you can give us the kind of elevator version of it. Gen. Clark dont wait for the next war. We create an awful lot of debt in the Financial System and we havent addresses the systemic issue. Still hundreds of trillions of dollars of derivatives based on Interest Rate and if you ask the inside banking crowd, when are we going really raise Interest Rates . When are we going to get away from quantitative easing . The answer is never. And its only a matter of time before some smart young Hedge Fund Guy says, you know what . This debt is not sustainable and will spread like wildfire through the Financial Community and well be back in some trouble again. We have to take our Financial Resources and invest in real projects. We need petrochemical
Life. Mikhail gorbachev left office in 1991 recent survivor of an attempted hard line, communist qu, but victim nonetheless, of unstoppable change. The vast soviet empire had suddenly ceased to exist. Gorbachev left behind a moscow reduced in stature. The capital now of a newly independent russia. Of course, he was very, very disciplined in man because he was at his house. He had not only by the russian state of soviet state, but by the russians. I mean, he used to not for a popular hell be remembered more warmly abroad than at home. Go b as he came to be known, one the confidence of World Leaders by dismantling the structures of the cold war. He played a crucial role in the reunification of germany. Joining east with west as the berlin wall fell last last and perestroika formed the new, more attractive face of an old phone. He became secretary general at the time when the soviet economy was beginning to collapse. He realized that he had to make a very serious choice in open up to the
A summary of the use on al jazeera record monsoon downpours have affected more than 30000000 people across pakistan. The government says that its causing a humanitarian disaster of epic proportions. Villages are submerged homes have been washed away in baluchistan, punjab and Sind Provinces, while the 900 people have died since june. Now does he resembles robbie has more from the city of san juan in Sind Province . The struggle here is very, very acute sin. This still the worst effect that place in terms of the humanitarian need in terms of damage to infrastructure. People need shelter. The government has asked for 1000000 tense, and thats just the initial ask to house people in the interim period before a permanent solution to this crisis can be found which may not be forthcoming before things get worse. Weve seen images from the north of the country and swap. The valley of more strong currents coming down from reins and glacial melts. More strong currents washing away buildings teari