so the opportunity zones will allow cities like detroit to qualify for additional exemptions relative to the first nine. right now in the first nine you can deduct purchases if you re a business. you can deduct capital expenditures and net exports. but for those cities that qualify as opportunity zones, you will also be able to deduct a certain amount of your payroll expenses. so you will be insented to put people to work. the other thing about the opportunity zone, is that it just doesn t apply to certain kinds of businesses located in the zone, all businesses would qualify for those kinds of extra exemptions. one of things i believe in is empowering cities to help themselves, empowering workers and individuals to help themselves. this is not an entitlement program. so the cities will have to step up and remove some of the barriers that are within their city limits. so that if the cities do what they can do to help themselves, we will have the 9-9-9 legislation so structured
translator: i hope that this deal with help to achieve peace between the palestinian and israeli sides. and this would support the corporation between the two sides. you are looking at live pictures from that reid s hometown in israel. there s a crowd gathering there to welcome him home after five years in captivity. secretary of state hillary clinton is the first cabinet official from the united states to visit the new libya. clinton sat down with the new political leadership called the national transitional council. she made a stop in tripoli. now she brought ideas on the transition to democracy as well as an aid package. less than 300 miles away there s proof that libya s civil war is not over. battles continue in sirte. this is moammar gadhafi s hometown, the last battleground for his ousted regime. well, engineers near the crippled nuclear reactors in fukushima, japan, could be cool enough for a complete shut down in december. that s a month earlier than predict
dan wheldon exemplified everything about this series and about why people continue to come to this place, this is the racing capital of the world. two other drivers spent the night in las vegas hospitals for observation. dan wheldon leaves behind a wife and two sons. the occupy wall street movement is marking one month of protests today. a campsite in lower manhattan group says they have raised $300,000 and received hundreds of boxes of food and medicine from supporters. protestors are angry over the widening payout between corporate executives and every day americans. over the weekend protests in solidarity with occupy wall street spanned cities around the globe. cornell west was among 19 people arrested at the u.s. supreme court on sunday. the authorities say that the group refused to leave the court grounds and weston and the others were protesting corporate influence in politics. three families are asking israel s supreme court to stop the release of 1,000 palesti
benefits. it s been really at 400 or higher since april. that s really not conducive to cutting the unemployment rate but a good number this week. it fell to 391,000 and that s better than we had expected. another important report, the final read on how fast the economy grew in the second quarter. this is the gdp report. gross domestic product. the sum of everything that this economy puts out and it grew at 1.3%. so, for all those people who are talking about a double-dip recession, this number shows it isn t technically a double dip recession right now. in the second quarter you had economic growth and economists are telling me that for the third quarter there was growth there, as well. so, you have an economy that is growing and you have fewer people than expected who filed for jobless benefits. it sounds like a couple of nonnegatives, which is, but taken together, that s positive for the market, at least this morning, kyra. we ll watch all the numbers and we ll know in 2
remove other barriers like not allowing women to drive cars. and stay right there, more on this story including reaction in women s rights groups, other ones in saudi arabia. president barack obama is due to arrive at the paramount theater in seattle, washington, this hour. he s visiting the west coast to push his plan for creating more jobs. and to raise money for fellow democrats. we expect to hear from the president before he heads to california later on today. the president also delivered his message personally to the congressional black caucus in washington last night in the nation s capital. washington, d.c. that is. it was straight talk. i don t know about you, cbc, but the future rewards those who press on. with patient and firm determination, i m going to press on for jobs. i m going to press on for equality. i m going to press on for the sake of our children. i m going to press on for the sake of all of those families who are struggling right now. i don t ha