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Transcripts For CNNW World Business Today 20110531

the president left the city. ja jacob zuma held talks. more than 100 military officers including 100 army generals defected to the opposition. and russia, importing vegetables including crucumbers. more than 1,000 deaths. the outbreak originated in organic cucumbers from spain. those are the headlines. i m zain verge any london. world business today starts now. captions by vitac www.vitac.com good morning from london. here are our headlines, this tuesday, may the 31st. more crying foul overshadowing fifa s one-man presidential race. economic growth in india slows, putting the squeeze on manufacturing. and cubans wake up and smell the rising price of coffee, as a bizarre concoction make as comeback. and doesn t seem in think his is in crisis but in the ongoing mire of controversy, undoubtedly he s in the minority. at the top of fifa, fans, sponsors and other stakeholders agree it s time for the tarnished institution to clean up its act. inside, slightly

Detailed text transcripts for TV channel - CNN - 20110526:08:39:00

at the moment. let s take a look at the u.s. markets. they look set for a higher market when they begin trading later on today. this is where the futures markets pointing us at the moment. the dow jones industrial average future currently up by about t 0.5%. for the moment, bradley speaking it looks as though the futures markets indicate we could see a rise at the open. of course, anything could happen between now and the time when those markets open, andrew. okay, nina, let s take a look at a story that s being focused on by the hundreds of millions, if not billions of football fans across the world. it s a brewi ing scandal at the top of the sport. the challenger is fifa s presidential election for the presidential election is facing allegations of bribery, just a week before the vote. mohammed bin hammam will face

Detailed text transcripts for TV channel - CNN - 20110526:08:40:00

questions alongside jack warner. bin hammam is bidding to set the fifa president from winning a fourth term as the most powerful man in the global game. they dismiss the accusations as a politically mote slated tactic by his election rival. in a statement, bin hammam says this has been a difficult and mainful day for me today. if there s the slightest justice in the world, these allegations will vanish in the wind. this move is molittle more than the tactic being used by those who have been emerging successfully from the election. worth putting out, they won the right to host the 2022 world football cup. nina? certainly did, didn t it, andrew? up next, the impact of china s worst drought in 50 years.

Transcripts For CNNW World Business Today 20110526

in syria. these rikts are set to show demonstrations in dara last friday. although cnn cannot verify when the video was shot. an estimated 1,500 people are unaccounted for in joplin,h. nearly 100 volunteers are working to reunite family and determine who s really missing. the volcanic eruption in iceland that s disrupted air traffic in europe is finally ending. the ash cloud thrown up from the volcano is drifting east and dissipating and most of the airports closed are re-opening. those are the headlines. i m zain vergee, world business today starts now. good morning, from cnn london and welcome to world business today. i m nina dos santos. and good afternoon from cnn hong kong, rhyme andrew stephens. the top stories this thursday, may 2 th. sony s bad run continues. it s now forecasting a profitable year ahead. even that outlook fails to impress. dominique strauss-kahn is now under house arrest at this luxury new york townhouse. i m a leader by temper and att

Detailed text transcripts for TV channel - CNN - 20110531:08:03:00

tomorrow he ll stand for the presidency once again, and once again, he will be unopposed. now, the reason for that is, his only competitor, talking about this man. the executive committee man, mohammed bin hammam. now, he has been accused of corrupt activities with this man goes on and on. fifa vice president jack warner, suspended as well. accused of bribing caribbean delegates to back hammam in the presidential election. now, there is one key other player involved in this. kniss is fifa secretary-general jerome valcke. midday monday, valcke admitted, look at this. admitted he sent an e-mail to

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