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News Wrap: Netanyahu says sanctions on Iran should be increased

March 4, 2014 at 6:07 PM EDT
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JUDY WOODRUFF: Amid the tensions over Ukraine, Russia announced today that it successfully test-fired an intercontinental ballistic missile. It said the dummy warhead hit its target at a proving ground in Kazakstan. We will hear much more on the day’s developments right after the news summary.

Wall Street did rebound today as jitters over Ukraine eased. The Dow Jones industrial average gained almost 228 points to close near 16,396. The Nasdaq rose 74 points to close just short of 4,352. And the Standard & Poor’s 500 was up 28 points to finish near 1,874.

President Obama has rolled out his budget proposal for the next fiscal year, totaling almost $4 trillion. It includes new tax hikes to offset additional spending for education and job training. But Republicans say it does nothing to address the nation’s fiscal challenges. We will discuss its approach to helping low-income Americans later in the program.

Israeli Prime Minister Benjamin Netanyahu is warning the U.S. and the world against letting Iran go ahead with any part of its nuclear program. He spoke in Washington, a day after meeting with President Obama.

BENJAMIN NETANYAHU, Prime Minister, Israel: The leading powers of the world are talking about leaving Iran with the capability to enrich uranium. I hope they don’t do that because, that would be a grave error. It would leave Iran as a threshold nuclear power.

JUDY WOODRUFF: Netanyahu also said that, far from easing sanctions on Iran, the world should increase them. He also urged the Palestinians to recognize Israel as a Jewish state if they really want peace.

The process of removing Syria’s chemical weapons is picking up pace. The Dutch diplomat overseeing the operation said today the Assad regime has handed over six shipments of toxic agents. She spoke in Amsterdam, at the headquarters of the Organization for the Prohibition of Chemical Weapons.

SIGRID KAAG, The Organization for the Prohibition of Chemical Weapons: The Syrian authorities have revised — submitted a revised plan with a timetable of around 60 days in order to accelerate and to intensify their efforts to ensure timely removal for onward destruction. As of today, nearly one-third of Syria’s chemical weapons material has been removed or destroyed inside of the country.

JUDY WOODRUFF: Sigrid Kaag said it’s still possible to finish destroying all of the material by the end of June, under a U.N. agreement.

The court-martial of a U.S. Army general for sexual assault opened today at Fort Bragg, North Carolina. Brigadier General Jeffrey A. Sinclair is believed to be the most senior officer ever to face trial for sexual assault. He’s charged with forcing a female captain to perform sex acts. If convicted, he faces life in prison.

A deep freeze gripped the Mid-Atlantic, Northeast and parts of the Southern United States today. Temperatures hit the single digits, with some areas reporting record lows for the month of March. Schools and government offices up and down the East Coast remained closed or delayed for another day. The arctic chill also triggered a rare sight: Parts of the cascading waters at Niagara Falls, between the U.S. and Canada, froze over.

Brazil’s Carnival season came to a close today after days of extravagant parades and celebrations. In Rio de Janeiro, costumed performers danced below massive floats through Monday night and well into this morning.

Meanwhile, in New Orleans, Mardi Gras was a cold, wet, gray day, but revelers gathered in the French Quarter just the same.

JUDY WOODRUFF: Russia did agree to meet with NATO representatives tomorrow to discuss Ukraine. And Russian and world markets rose on those developments and Putin’s words.

Amid the tensions over Ukraine, Russia announced today that it successfully test-fired an intercontinental ballistic missile. It said the dummy warhead hit its target at a proving ground in Kazakstan. We will hear much more on the day’s developments right after the news summary.

Wall Street did rebound today as jitters over Ukraine eased. The Dow Jones industrial average gained almost 228 points to close near 16,396. The Nasdaq rose 74 points to close just short of 4,352. And the Standard & Poor’s 500 was up 28 points to finish near 1,874.

President Obama has rolled out his budget proposal for the next fiscal year, totaling almost $4 trillion. It includes new tax hikes to offset additional spending for education and job training. But Republicans say it does nothing to address the nation’s fiscal challenges. We will discuss its approach to helping low-income Americans later in the program.

Israeli Prime Minister Benjamin Netanyahu is warning the U.S. and the world against letting Iran go ahead with any part of its nuclear program. He spoke in Washington, a day after meeting with President Obama.

BENJAMIN NETANYAHU, Prime Minister, Israel: The leading powers of the world are talking about leaving Iran with the capability to enrich uranium. I hope they don’t do that because, that would be a grave error. It would leave Iran as a threshold nuclear power.

JUDY WOODRUFF: Netanyahu also said that, far from easing sanctions on Iran, the world should increase them. He also urged the Palestinians to recognize Israel as a Jewish state if they really want peace.

The process of removing Syria’s chemical weapons is picking up pace. The Dutch diplomat overseeing the operation said today the Assad regime has handed over six shipments of toxic agents. She spoke in Amsterdam, at the headquarters of the Organization for the Prohibition of Chemical Weapons.

SIGRID KAAG, The Organization for the Prohibition of Chemical Weapons: The Syrian authorities have revised — submitted a revised plan with a timetable of around 60 days in order to accelerate and to intensify their efforts to ensure timely removal for onward destruction. As of today, nearly one-third of Syria’s chemical weapons material has been removed or destroyed inside of the country.

JUDY WOODRUFF: Sigrid Kaag said it’s still possible to finish destroying all of the material by the end of June, under a U.N. agreement.

The court-martial of a U.S. Army general for sexual assault opened today at Fort Bragg, North Carolina. Brigadier General Jeffrey A. Sinclair is believed to be the most senior officer ever to face trial for sexual assault. He’s charged with forcing a female captain to perform sex acts. If convicted, he faces life in prison.

A deep freeze gripped the Mid-Atlantic, Northeast and parts of the Southern United States today. Temperatures hit the single digits, with some areas reporting record lows for the month of March. Schools and government offices up and down the East Coast remained closed or delayed for another day. The arctic chill also triggered a rare sight: Parts of the cascading waters at Niagara Falls, between the U.S. and Canada, froze over.

Brazil’s Carnival season came to a close today after days of extravagant parades and celebrations. In Rio de Janeiro, costumed performers danced below massive floats through Monday night and well into this morning.

Meanwhile, in New Orleans, Mardi Gras was a cold, wet, gray day, but revelers gathered in the French Quarter just the same.