Page 30 - Debt Problems News Today

greece. ali, lets begin with you. just about an hour from now president obama is due to hold the news conference right there at the summit. greece, as we know, a linchpin. before you tell us why americans really need to pay attention to this, if you dont mind, just give us some perspective on this mornings new jobless numbers that i just talked about. >> okay, well, because i love you, kyra, we worked so long, ill make this a choose your own adventure. what do you want from me? upbeat ...

>> there you go >> so obviously, brooke, a different posture from herman cain, hes been known throughout this campaign as somebody who is sort of laid back and has an easy going style out on the campaign trail. that was very different today. he had security guards pushing reporters out of the way, he was refusing to answer questions all of this. the main question that was being asked of him, brooke, to put it very quickly is whether or not he would call on the national restaurant assoc...

suggestive behavior by cain when he was head of the national restaurant association. >> im not going to comment about two people who you wont tell me who they are, okay? thats like negotiating -- im not going to comment on that because, you know, i think that is one of those kinds of things that until -- >> that was the last question, yes or no? >> have you ever been accused of sexual harassment? >> have a nice day. >> there you have it. crews are scrambling to get the power back on ...

Belly up. >> this story, the fact that europe and another global catac around the corner, its amazing how much it doesnt factor in the american press. and then we hear these stories. oh, they came up with another deal, its sort of another patch in the bottom of the ship, but it could -- >> yeah. its all very, very, very tentative and ten wous. it all starts with greece having debt problems and now its gone on to italy and much bigger economies. be and were talking about a bailout fund that has t...

between a police officer and a man being followed for having a license plate that did not match his vehicle. the officer was not injured. police are now putting up road blocks to try to stop the gunman. well keep an eye on this and bring you developments as they happen. and now the deal that set off the rally. the details have stopped it. a day after stock prices soared around the world on hopes that europe had finally dealt with its debt crisis, theyre back down to earth as we learn...

Government and debt. so even though there is this kind of omnibus deal in order to move things forward and prevent the global financial system from collapsing because the european financial system collapses, its being met with a huge amount of skeptici skepticism. and i dont share that kind of skepticism. >> is this a model to deal with if italy, spain, the -- pardon the -- pardon my french here, but the piig countries as theyve been referred to, these countries with the horrible debt problems. ...

police fired tear gas canisters. its not clear if thats what caused his wound. olsons injury prompted occupy wall street protesters in new york to rally in his support the movement continues to show life around the world. occupy protesters in pakistan marched on the world banks offices in islamabad chanting down with capitalism. a deal made in europe is putting money in your pocket this morning. stocks jumped at the open after european leaders agreed on a plan to end their debt crisis....

ripples of relief spread from europe across the world market. a deal has been reached to tackle the e.u. financial crisis. european leaders have agreed to expand the e.u. bailout fund while private sectors will take a 50% loss on greek bonds. the european agreement translated into a huge day for u.s. stocks. lets go to alison kosik at the new york stock exchange. the closing bell just rang. how did stocks finish? we dont know the final number, but we know its very positive. >> it is. t...

nearly three years ago. occupy wall street protesters were met by police. clashes break out, arrests were made. on this "american morning." good morning to you. it is thursday, october 27. welcome to "american morning" an incredibly busy morning. >> it sure is we start with europe. investors across the globe, news theyve been waiting for. europe striking a deal to address its long-running debt crisis. this agreement made overnight after a marathon 11 hours of talks. that has sparke...

using their shoes. lets begin with you at the new york stock exchange. tell us about the dow and in doing so, talk to me about europe. >> reporter: okay. the dow has been in rally mode all day. right now its at 358. the nasdaq s&p had been in rally mode. for the market overall, it is shaping up as one of the best months ever. this all happening because this european debt deal is giving investors a big shot of confidence. this is deal that wall street has been waiting for. these debt pr...