Meant to pay for and how it was really spent. Cash. Venezuela has declared seven days of mourning following the death of president hugo chavez. He rose from the ranks of the military to be the leader of one of the largest economies in latin america. A sharp critic of the u. S. , the. Elfproclaimed revolutionary after two years of illness and weeks of uncertainty, the official announcement came that the venezuelan president is dead. After a battle against a heart illness, during the course of almost two years, with the love of the country and blessings of the country, and loyalty of his colleagues, and love of his family, we transmit our pain and solidarity. Hugo chavez had been in power 14 years of. During that time he became more than a president to many venezuelans. Supporters gathered on the streets of iraq as trying to adore the news, many of them shocked. Many in morning. The minister and pledged his support and that of the military for vicepresident maduro, who chavez had named a
Well go there. Lets go outfront. Good evening, everyone, im erin burnett, and outfront we begin with the breaking news of the dow dropping, nearly 350 points in the last 48 hours. The biggest selloff for stocks in nearly two months. The president of Bianco Research joins me. Jim, whats causing this . You have Companies Really big, important ones like walmart saying were worried, things arent as good as we thought . At the same time some Economic Data on jobs seems to be better than what people thought. So whats the problem . That is the problem. Its a conflict that wall street is trying to struggle with. It all comes back to the Federal Reserve and whether or not the stimulus that the Federal Reserve has been giving us through quantitative easing will continue. They were worried about the claims of Unemployment Insurance the lowest levels since 2007 that the Federal Reserve might pull back on the stimulus and that was an overwhelming concern for the bond market that shot up rates and s
Hannah anderson investigation, shes set to make her first public appearance since the abduction any minute. That will happen this hour. Well go there. Lets go outfront. Good evening, everyone, im erin burnett, and outfront we begin with the breaking news of the dow dropping, nearly 350 points in the last 48 hours. The biggest selloff for stocks in nearly two months. The president of Bianco Research joins me. Jim, whats causing this . You have Companies Really big, important ones like walmart saying were worried, things arent as good as we thought . At the same time some Economic Data on jobs seems to be better than what people thought. So whats the problem . That is the problem. Its a conflict that wall street is trying to struggle with. It all comes back to the Federal Reserve and whether or not the stimulus that the Federal Reserve has been giving us through quantitative easing will continue. They were worried about the claims of Unemployment Insurance the lowest levels since 2007 th
Slav ya. The u. S. Has four naval destroyers in the mediterranean. So far, they have no orders to prepare for action. Doctors without borders puts the death toll from last weeks poison gas attack over 350 with 3600 injured. P u. N. Inspectors were kept out today because of security concerns, this amid new reports that assad forces launched a separate chemical attack money in aleppo, allegedly usining napalm. Ayman, i want to the start by getting your response to something jay carney said today about the options they are considering in terms of a strike in syria. The options that we are considering are not about regime change. They are about responding to a clear violation of an International Standard that prohibits the use of chemical weapons. So ayman, if we do launch some sort of a strike, are we looking just to send a message, or are we looking to somehow shift the balance of the Syrian Civil War . Reporter well, thats certainly going to depend on the scope and intensity of the atta
Flee. President obama reiterated today in his weekly address, american combat troops will not be returning to fight in iraq. Victor said, we expect to hear from him in 20 minutes and will take you there live when it happens. Aides say hes monitoring the situation, potential for more air strikes as he leaves today for vacation in Marthas Vineyard. Here add cnn covering all angles of the develops story with ivan watson there in erbil in the kurdish area of iraq. A former u. S. Ambassador to creak, Christopher Hill and cnn military anne lift Major General spider marks. Thanks for joining us. Start with ivan. I want to get reaction there from the ground. What are iraqis saying about this round of u. S. Air strikes . Reporter i think the kurds are very much relieved, victor. Some of those air strikes were hitting just about 20 minutes drive west of erbil, the capital of the kurdistan region where im standing just past the kurdishheld town which gives a sense of how close the isis militants