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they are refusing to leave the jail until they get permission to hold their fast. im zain verjee and "world business today" starts now. good morning from cnn paris, im nina dos santos. welcome to "world business today." the top stories this wednesday, august 17th. >> leaders of the eurozones two top economies meet and investors are not impressed by the outcome. the worlds largest economy hasnt been inspiring much confidence either. in an exclusive interview u.s. president barack ...

who will have to get out of the race for the republican presidential nomination. also, dozens of people arrested in philadelphia last night, but well explain to you why they were all between the ages of 14 and 17. at the top of the hour, we start with the breaking news out of pakistan. the u.s. embassy is saying an american was abducted from his home in lahore. we have the latest from pakistan. >> reporter: t.j., this is the third time an american has been kidnapped in pakistan. th...

bank, their equivalent of ben bernanke gave a speech had morning and they said their economic growth is slowing, and traders took it as a note to say things are more serious than we thought. you combine that with the fact that the japanese central bank intervened to prop the yen up, and theres a fear that everybody is doing badly and nobody is there to pick up the slack. basically is that what is happening. money is coming out of the stocks. when you see that happening, it comes out of...

now, the "cnn newsroom" continues with randi kaye. >> have a great day. >> thank you. the treasury is sending out checks as promised, and somehow there is just as much fear and uncertainty and economic anxiety as ever. we will tackle the next three main questions. what is going on with the stock markets? the dow is on track for the ninth straight day of losses. any guesses on how long it has been since nine straight days of loss? 33 years. lots of scary numbers are behind these, and ...

countrys coveted aaa credit rating could be compromised. the unpresence dented consequences for all of us. and why some lawmakers argue the looming august 2 deadline isnt the armageddon the president says it is. im wolf blitzer. youre in "the situation room." were only five days away from what could lead to unprecedented default in the united states if the political sparring between our elected officials here in washington doesnt stop. and we cant emphasize enough how devastating the r...

Behind. knocking down trees as you can see there. there is more of the video moved through the downtown area. spokesman for the mayor says there has been lots of damage and several injuries. back to our chief meteorologist rick reichmuth. what are you seeing now, rick? >> still a couple of hours to get through shep before this is all done. tornado watch boxes only to the top of the hour. dont think we are out of the woods here. see the cells popping up the west side of this box. right there thos...

rooftops. people were marched to demand the release of political prisoners and the bullets rained down. and sarah palin thundering into d.c. today, but is she ready to roll into the presidential race? the best political team on television is weighing in. im drew griffin. the news starts now. in the headlines tonight president obama went to joplin, missouri, today. it was his first chance to see the unimaginable damage caused by last sundays ef-5 tornado. he spoke at a memorial servic...

Reports of some funnel clouds no tornado on the ground with that thunderstorm cell right now, north of the kansas city metro area, you need to take shelter, the lowest level of your home away from windows. especially here around north central missouri, warnings for the cedalia area, reports an active tornado on the ground right now in the area, so, portions of benton, camp ton, hickory and morgan counties under tornado warnings, please seek shelter. thunderstorm that have been brewing in the mor...

>> 22 minutes after the top of the hour. couple of quick headlines. pilot error may have contributed to that deadly airfrance plane crash in 2009. black box recordings reportedly show that the pilots were distracted when airspeed indicators malfunctioned. another report says the captain wasnt even in the cockpit when the problem started. and today, chrysler is paying back $7 1/2 billion in loans from the u.s. and canadian government. the company is eager to pay up due to the whopping 12% interes...

Radar. also, severe thunderstorm warnings. all put out by the national weather service. and what weve seen, which is so different than even 10 and 20 years ago, and even seven years ago, the timeline and the amount of time youre given to take shelter. which really has been key in terms of the number of fatalities that weve seen. of course, last week, tuscaloosa, remember, over 300 people killed in alabama with this. which was really quite surprising. they had a 30-minute warning. but even one we...