And we saw republicans vote along the democrats. Nine is a bigger number than ag. 6436, thats one of those super majorities, right, that. This now goes to the president for his signature. Expect him to sign it before he leaves for hawaii on friday. Those are the headlines, im tony harris. Inside story is next on al jazeera america. An ease or not to ease. What that means for the economy in 2014. Decoding the just concluded Federal Reserve meeting is the inside story. Ray suarez. What the Federal Reserve decides has a direct impact on the economy, and your pocketbook and effects felt around the world. Since the Great Recession the Federal Reserve has taken Interest Rates to historic lows and used its power to stimulate the economy using quantitative easing. Ben bernanke announced the feds will scale back the program next year. Well decode the feds actions, look ahead to the tenure of incoming fed chairman janet yellen and look at the recovering economy. The Federal Reserve wrapped up tw
Thats the watchdog overseeing the destruction of syrias stockpiles with the united nations. The 1. 25 million prize will be presented in oslo in december. You are seeing video from the perception just moments ago. We also in terms of our top story going to washington, d. C. Where there appears to be at least a little bit of progress between lawmakers on the shut down and the debt limit with the white house. For 90 minutes last night, president obama met with House Republicans at the white house, primarily to discuss the gop plan to avoid possibly defaulting on National Debt for the first time in our nations history. Both sides seem open to at least a sixweek extension of the federal governments borrowing limit. However, the meeting ended without a firm plan in place. But at least the language was a little bit nicer yesterday. Republicans called the sitdown, quote, useful and productive. The white house sd simply it was, quote, a good meeting. Negotiations continued through the night, b
Federal reserve has taken Interest Rates to historic lows and used its power to stimulate the economy using quantitative easing. Ben bernanke announced the feds will scale back the program next year. Well decode the feds actions, look ahead to the tenure of incoming fed chairman janet yellen and look at the recovering economy. The Federal Reserve wrapped up two days of policy meetings and concluded the u. S. Economy is Strong Enough to start tapering the banks Investment Program known as qualitative easing. Starting in january well purchas scale back purchases. Reporter the positive signs are few but strong. Unemployment reached 7 in november. The s p 500 gained 25 just in the past year. The highest in a decade. And Congress Passed a budget for the first time in four years. Todays policy actions reflect the committees assessment that the economy continues to make progress, but it has much farther to travel before conditions can be judged normal. Notebly despite fiscal head winds the ec
Good morning, welcome back to Al Jazeera America. Im Morgan Radford. Al qaedas effort to exploit the lack of security in iraq and syria appears to be gaining traction. In iraq two cities are under siege by Al Qaedalinked fighters. More alarming is the violence could set off an allout sectarian war as sunni anger towards the shialed government intensifie intensifies. Despite how bad the fighting has gotten secretary of state john kerry says, this is a fight that belongs to the iraqis, we are not contemplating returning. Al qaedalinked groups have taken control of fallujah. The other province, ramadi, is under siege. It was one of the most dangerous places during the iraq war, where 1300 Coalition Soldiers were killed. The the group calls its the Islamic State of levant and wants to set up a sunni state in iraq, and across the border in syria and other countries. Its taken control of parts of syria. We go imran khan for more on the fighting. Fighters from the Al Qaedalinked state in the
Those being held in the prison have been advanceferred to slovakia. Residents forced to evacuate a small north Dakota Community are following this fiery train crash can return home. Federal investigators are investigating the cause of the collision. One train derailed and another was hit with loaded crude oil. No one was hurt but the crash caused a series of explosions that sent these plumes into the sky. Inside story. The Federal Reserve is going to start easing off the easing early this year. Monetary policy t its impact on you and the economy coming to life. Thats inside story. Hello, im ray suarez. 2013 will be remembered as a year of partisan dysfunction in wash despite the threat of default and Government Shutdown the economy has been showing signs of life. Unemployment dropped to its lowest level since president Obama Took Office and since the Great Recession the Federal Reserve has been using tools in its toolbox to keep the economy on track. Interest rates are still at rock bo