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News Wrap: Airstrikes damage key income source for Islamic State

In our news wrap Thursday, the Pentagon reported that U.S. and Arab airstrikes blasted oil installations that help fund the Islamic State up to $2 million a day in black market sales. Also, Iraq’s prime minister said he has credible evidence of an active terrorist attack threat against French and American subways. Senior officials from the U.S. and France said they did not have evidence of a plot.

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    The Pentagon tallied the damage today from U.S. and Arab airstrikes that blasted oil installations held by Islamic State forces in Syria. They represent a key source of funding for the militants, up to $2 million a day in black market oil sales.

    At the Pentagon, Rear Admiral John Kirby said the strikes were successful, but there's much more to do.

  • REAR ADM. JOHN KIRBY, Pentagon Press Secretary:

    They still have financing at their fingertips. They still have plenty of volunteers. They still have plenty of weapons and vehicles and the ability to move around. They still control a wide swathe inside Iraq, no question about it. This is just, as I said the other day, and I think — I want to state it again. This is just the beginning.


    Syrian activists reported civilians were killed in last night's attacks, but Admiral Kirby said there is no credible information to support that claim.

    Meanwhile, FBI Director James Comey said the U.S. may have identified the Islamic State militant in video beheadings of two American journalists and a British aid worker. The man has a British accent, but Comey wouldn't give his name or nationality.


    Iraq now says it has intelligence of an alleged plot by Islamic State militants to attack subways in the U.S. and France. Prime Minister Haider al-Abadi said today he believes there is an active threat. Senior U.S. and French officials said they had no evidence of a plot. But New York City's police department added more officers on subways and streets after the Iraqi warning.


    Iran's President Hassan Rouhani charged today that outsiders bear the blame for the rise of Islamic State and other extremists. He told the U.N. General Assembly that certain intelligence agencies helped fund and support such groups. That was taken as a reference to the U.S. and Israel. Rouhani also challenged U.S. leadership of a coalition.

  • PRESIDENT HASSAN ROUHANI, Iran (through interpreter):

    It is a strategic mistake if some countries under the pretext of the leadership of the coalition are in fact trying to continue their hegemony in our region. Obviously, since the pain is better known by the regional countries, better together they can form a coalition to shoulder the responsibility and the leadership of the fight.


    The Iranian leader also said a deal on his country's nuclear program is possible by a November deadline if the West is flexible.


    A cruise liner in the Mediterranean rescued more than 300 people from a small boat off Cyprus today. They're believed to be refugees fleeing Syria. The packed vessel had been stranded about 50 miles off southwestern Cyprus and the coastal town of Paphos. Hundreds of people have already died at sea this year trying to sail from the Middle East or North Africa to Europe.


    A woman beaten by a California State Trooper is getting $1.5 million in a settlement. The incident involving Marlene Pinnock was captured on video last July 1. Pinnock is bipolar. Court documents say the trooper tried to pull her from oncoming traffic on a Los Angeles freeway and she resisted. The officer has agreed to resign.


    Wall Street hit the skids today, driven partly by Apple. The tech giant sank nearly 4 percent after it had to pull a troubled software update for iPhones. Overall, the Dow Jones industrial average lost nearly 258 points to close at 16,952; the Nasdaq fell 88 points to close at 4,466; and the S&P 500 dropped nearly 32 points to finish just under 1,966. The decline came amid talk that the market may be overdue for a correction.

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