Page 834 - Pointing News Today

committed crimes against humanity. pope benedict xvi is visiting madrid, spain. the city expects a million or so people to attend. not everyone is happy to see the pontiff, however. some spaniards are protests over the cost to put on the event. those are the headlines from cnn, the worlds news leader. im zain verjee and "world business today" starts now. good morning from cnn london. im nina dos santos. good afternoon from cnn hong kong. im andrew streechbs. youre watching "world...

central bank and the fed would have to get further involved in this economy. now, you know all week weve been talking about rick perry saying it would be treasonous for the fed to get involved. while his comments may have been misinformed it represents a view in america that fed should do no more work in stimulating this economy. so now we have investors saying we need more investment. you got the morgan stanley saying we do. and youve got a lot of people in america saying dont do it. ...

talking about. this was actual fact. we started this morning with slow bad markets out of europe. then before the markets opened we got this report from morgan stanley which talked about slow growth around the world, telling us things we already knew. but they said were on the pr s precipice of a recession. they also cited errors in policy making here in the united states and in europe, and they said its likely that european central bank and the fed would have to get further involved i...

"aftershock," which is now out in paperback. ali, what happened today? >> a lot of things happened here. we had a situation where its not just fear weve been talking about. this was actual fact. we had -- we started this morning with -- with slow bad markets out of europe, then before the markets opened, we got this report from morgan stanley which talked about slow growth around the world telling us things we already knew. but they said were on the precipice. they didnt say we were th...

europeans and the americans might have to have more central bank intervention into the markets and also said that there have been policy decisions in europe and the united states that have been poor, and then on top of that, that was enough. that was already bad, brooke. then we got some economic reports right here in the united states. slowdown in housing, slowdown in manufacturing, and, you know, not a great report about new jobless claims. basically it all piled on. people ran out o...

and in part because of the presidents travels to the midwest and in part because of the new energy that texas governor rick perry is adding to the republican race. wednesday governor perry visited new hampshire, and while its clear hes the flavor of the moment in presidential politics, the more he speaks, the more people, including many republicans, ask this question -- by so aggressively appealing to the republican base, is governor perry undermining his appeal as a general election c...

minnesotas cannon river, president obama coming out loaded forbear saying the dead debate say that some politicians and he didnt mention parties would rather see their opponents lose than see american win. tough words. take a listen. >> we ended up creating more uncertainty and more damage to an economy that was already weak. now, we cant have patience with that kind of behavior anymore. i know youre frustrated. im frustrated too. >> three states in just three days. by bus for presiden...

could affect all of us, including our own mail delivery. im wolf blitzer, youre in "the situation room." jtsdzer. it all begins in iowa. right now many of the republican presidential candidates are in that state, a state that holds the lead-off contest in 2012. theyre working the crowds at the state fair before tomorrows pivotal iowa straw poll. and theyre taking direct aim at president obamas handling of the debt crisis and the u.s. economy. listen to some of the republican hopefuls...

good morning to you. it is thursday, august 11 now. this is "american morning." lot going on today. lets get right to it, folks. >> good morning, good morning. so much for comeback. havent seen these kind of wild swings on wall street since the darkest days of the financial meltdown. the dow diving 520 points yesterday. this time fueled by fears or at least triggered by fears. that france is on a verge of a credit downgrade. every day it seems to be something new trying terg sell-off o...

of congress packed up and went on vacation. so now 4,000 faa workers are not being paid. tens of thousands of others involved in airport construction and maintenance are also off t job. and some $25 million are being lost every day in taxes because there is no one there to collect. that is more revenue lost in one hour than you will probably pay in your lifetime because congress members cannot reach an agreement agreement. weill tear into this developing dispute in just a moment, but h...