A house that isis fighters recently fled. In one of the bedrooms, forbidden toys that isis militants had confiscated. With iraqis and american soldiers fighting a common enemy, one resident told us he couldnt understand why President Trump might tighten restrictions on iraqis traveling to the u. S. Why wound you ban us . We are the victims. In fact, american isis fighters have come here. Troops showed us an s. U. V. That militants had stripped, ready to be turned into a car bomb. The most feared weapon in the isis arsenal. [explosion] you see huge craters like this in areas that saw some of the worst of the fighting. U. S. And Coalition Air strikes specifically targeted big intersections in order to disrupt the path of suicide car bombs. General ali al lami said hed lost many men, and hes disappointed that trump might make it near impossible for his soldiers to start a new life in the u. S. If america bans muslims, its not the right thing to do, he told us. America is a multiethnic and
Interrogation techniques, once used by the bush administration, he would seek the advice of his cia director, mike pompeo, and his defense secretary, james mattis. They dont want to do, thats fine. If they do want to do, then i will work toward that end. I want to do everything within the bounds of what youre allowed to do legally. But do i feel it works . Absolutely i feel it works. Reporter the first time he met mattis, the then president elect asked his future defense secretary what he thought of waterboarding. He said, i always found give me a pack of cigarettes and a couple beers and i do better with that than i do with torture. Reporter the cia has promised to abide by a law that limits interrogation techniques to those outlined in the u. S. Army field manual. There is no doubt in my mind about the limitations it places on the dod and the Central Intelligence agencies. Ill always comply with the law. Reporter but in a written statement he said he would consider seeking a change t
Mr. Trump is also planning a toptobottom review of how america conducts its war on terror. And today he endorsed torture. Heres david martin. We will make america safe again. Reporter donald trump said it as a candidate, and now hes said it as president. In his First Television interview with abc news, the president declared torture works. I have spoken as recently as 24 hours ago with people at the highest level of intelligence, and i asked them the question does it work . Does torture work . And the answer was yes, absolutely. Reporter but the president added that before ordering a resumption of waterboarding and other socalled enhanced interrogation ch he would seek the advice of his cia director, mike pompeo, and his defense secretary, james mattis. They dont want to do, thats fine. If they do want to do, then i will work toward that end. I want to do everything within the bounds of what youre allowed to do legally. But do i feel it works . Absolutely i feel it works. Reporter the
Were decoupling 2. 27 . 30year at 3 . Fiveyear at 2. 6. And i go through all of those to highlight the yield is steepening and continues to do so. Global yields, this is getting interesting. Italian tenyear, 2. 21 . Its moved 18 basis points in a day. You see the biggest weekly rise, oneweek rise for the italian, german and french tenyear yield, we have seen it happen the highest in years. How long . 30 years. But all the strategists said probably five years four or five years ago we were wait iin. Here we are. What was happening the entire time that rates were not going up . We were sub2 . We were stuck in the muck, basically. The greatest thing, i mean, to see the stock market hitting new highs while rates are surging, if youre at zero on rates and sooner or later you have to normalize, if rising rates are going to move into financial assets, you have a problem with stocks going down. Unless you decouple. Rates are going up for good reason, then the stocks go up at the same time. You
Launch an allout trade war against china. An oped in the chinesebacked newspaper, the global times said any new tariffs would trigger immediate Counter Measures from beijing. This comes in response to donald trump repeatedly saying on the campaign trail that the u. S. Would punish beijing with high import tariffs in response to what he considers unfair trade practices. He also wants to brand china a currency manipulator. The stakes, of course, could not be higher. Americans love iphones and other goods, from furniture to nike they get at low cost from china, but they resent the job loss that many rightly or wrongly lay at beijings doorstep. With china, they dump their product all over the place. So declares the president elect. But china is not taking those kinds of words sitting down. The country warning the president elect that it will meet a trade war with a trade war. The staterun global Times Newspaper telling president elect trump what that might look like. A batch of boeing orde