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News Wrap: Tamir Rice’s family will get $6 million to settle wrongful death suit

In our news wrap Monday, the city of Cleveland agreed to pay a $6 million settlement over the wrongful death of Tamir Rice, a 12-year-old African-American boy who was shot by police in 2014 while playing with a pellet gun. Also, the International Monetary Fund revealed that oil exporting countries in the Middle East lost $390 billion in revenue last year, with an even steeper decline projected this year.

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  • HARI SREENIVASAN:

    In the day's other news: Cleveland officials announced the city will pay the family of Tamir Rice $6 million to settle a wrongful death lawsuit. The 12-year-old was playing with a pellet gun in November 2014, when someone called police. A white officer shot and killed him seconds after arriving on the scene.

  • MAYOR FRANK G. JACKSON, Cleveland:

    Irregardless of faults or facts or anything, that shouldn't have happened. And, believe me, if I had my rathers, I wouldn't be standing here in front of you today talking about this. If I had my rathers, it would not have happened. But that's not the case, is it? So, we deal with things as we have to deal with them.

  • HARI SREENIVASAN:

    A grand jury declined to bring charges, but a federal civil rights investigation is pending.

  • JUDY WOODRUFF:

    In economic news, new numbers show the plunge in oil prices is costing oil-exporting nations in the Middle East staggering sums. The International Monetary Fund reports they lost $390 billion last year over 2014. The report predicts they will lose $500 billion this year.

  • HARI SREENIVASAN:

    In Saudi Arabia, the government laid out reform priorities today to steer the kingdom away from its reliance on oil. King Salman announced the Vision 2030 plan in a short televised address. His son, the deputy crown prince, spelled out the details in a recorded interview.

  • MOHAMMED BIN SALMAN, Deputy Crown Prince, Saudi Arabia (through interpreter):

    The plan's ambitions will encompass unemployment, housing, and other issues. Our ambition is how we develop the economy and how we can create an attractive and great environment in our country, and to be part of development on economic, environmental, cultural, and intellectual levels.

  • HARI SREENIVASAN:

    The prince said the country has become addicted to oil, and that a small part of the state-owned oil giant Aramco will be privatized.

  • JUDY WOODRUFF:

    Government and allied forces in Yemen today wrested control of the country's largest oil terminal from al-Qaida. They recaptured the facility a day after taking Mukalla along the southwestern coast. Al-Qaida had established a mini-state in that part of Yemen, as the country fell into chaos.

  • HARI SREENIVASAN:

    The president of Afghanistan demanded today that Pakistan step up the fight against Taliban forces operating from within its borders. Ashraf Ghani addressed his parliament just a week after a Taliban attack in Kabul killed 64 people and wounded hundreds.

  • PRESIDENT ASHRAF GHANI, Afghanistan (through interpreter):

    We don't expect Pakistan to bring the Taliban into peace talks. We want Pakistan to stand by what they pledged and to conduct military operations against Taliban bases and leadership, who, according to our intelligence, according to our international allies, and according to Pakistani authorities, live in Pakistan.

  • HARI SREENIVASAN:

    Pakistan denies that it covertly supports militants who attack Afghanistan.

  • JUDY WOODRUFF:

    Long-running violence in Mexico, fueled by drug gangs, has claimed another victim. Gunmen killed a journalist today in the country's southwest, the latest in a series of such attacks. And on Sunday, an independent panel accused the Mexican government of undermining a probe into the deaths of 43 college students. They disappeared in 2014.

  • HARI SREENIVASAN:

    President Obama made a final appeal today for a free trade agreement with Europe as he wrapped up a visit to Germany. He and Chancellor Angela Merkel toured the world's largest industrial technology trade fair in Hannover and tested some of the wares. They included virtual reality glasses complete with plastic googly eyes.

  • JUDY WOODRUFF:

    Hmm. I wonder what it looked like.

    Well, Wall Street's week got off to a sluggish start. The Dow Jones industrial average lost 26 points to close at 17977. The Nasdaq fell 10, and the S&P 500 slipped three.

  • HARI SREENIVASAN:

    And a federal appeals court panel has restored a four-game suspension for New England Patriots quarterback Tom Brady. It stems from his use of underinflated footballs in the 2015 conference championship game. A lower court had quashed the penalty.

  • JUDY WOODRUFF:

    Still to come on the "NewsHour": the president orders 250 more military personnel to Syria; two Democrats fight it out for a U.S. Senate seat in Maryland, a microcosm of the national intraparty divide; Nepal's reconstruction one year after a devastating earthquake; and much more.

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