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New v8 v-fusion smoothie. when bp made a commitment to the gulf, we knew it would take time, but we were determined to see it through. today, while our work continues, i want to update you on the progress: bp has set aside 20 billion dollars to fund economic and environmental recovery. were paying for all spill- related clean-up costs. and weve established a 500 million dollar fund so independent scientists can study the gulfs wildlife and environment for ten years. thousands of environmental sa...

Ask your pharmacist about a 90 day supply today. when bp made a commitment to the gulf, we knew it would take time, but we were determined to see it through. today, while our work continues, i want to update you on the progress: bp has set aside 20 billion dollars to fund economic and environmental recovery. were paying for all spill- related clean-up costs. and weve established a 500 million dollar fund so independent scientists can study the gulfs wildlife and environment for ten years. thousa...

morning. stephen cobelbert is exploring possible run for the office. >> i am proud to announce that i am forming an exploratory committee to lay the groundwork for my possible candidacy for the president of united states of south carolina. >> finally, im feeling excited about this. race, we get to weigh in and what it all means for the republicans and that, of course, hear about this? the conductor of the philharmonic, cell phone rings in the middle of a performance and you know what h...

youre done in two minutes. you say to newt, what? >> what the hell are you doing? you believe -- you -- i expect this from sol olinsky. this is what he taught barack obama, and the stuff youre saying is one of the reasons were in the trouble were in right now. this total ignorant populist view of the economy that was proven to be incorrect with the soviet union, with chinese communism. >> also today, tom donahue, president of chamber of commerce called the front runner foolish, saying,...

phone etiquette, the man was an older gentleman but tells the "new york times" he had just gotten the iphone the day before the concert and he didnt know how it worked, didnt know it had an alarm, didnt know how to turn it off. according to "the times" he apologized to the conductor face to face. apology accepted. the lesson learned. at least turn the ringer off. now this. here we go. top of the hour two. welcome back. couple of stories were watching for you. president obama wants to...

some of the most conservative members of the senate, jim demint, joins us. lets go, outfront. this is a letter from president barack obama. he just sent it to house speaker john boehner. it says, quote, further borrowing is required because the debt is limit to -- is right now close to, well, 11 zeros and a one. >> 100 billion. that means we need more money. the presidents asking congress to raise the debt ceiling by $1.2 trillion. we knew this was coming because this was part of the d...

and for now at this point, kyra, ive reached out to some republicans here on the hill. theyre reserving judgement at this point. as you know, they frequently talk about wanting smaller government, so on its face this seems like something that they could go along with but, of course, theyre waiting right now to see what president obama says. theyre waiting to see if there are any catches. you see president obama here doing a couple of things. hes trying to make good on some promises abo...

so lets get to it. as you heard here, about 90 minutes ago on cnn, the president said that the federal government has gotten too big and complicated. thats not a revelation but he says he can fix it by streamlining, consolidating, simplifying. he said a leaner government would create a leaner and better national security. >> congress didnt consolidate on its side so now the department of homeland security reports to over 100 different congressional panels. thats a lot of paperwork. tha...

When bp made a commitment to the gulf, we knew it would take time, but we were determined to see it through. today, while our work continues, i want to update you on the progress: bp has set aside 20 billion dollars to fund economic and environmental recovery. were paying for all spill- related clean-up costs. and weve established a 500 million dollar fund so independent scientists can study the gulfs wildlife and environment for ten years. thousands of environmental samples from across the gulf...

investigation. he was among nine people killed in a mortar attack in a southern city. the reporter was covering a pro-government rally when it came under fire. that was gilles jacquier. nigeriians have been on a strike the past few days protesting a doubling in the fuel. a fuel subsidy was removed. those are the headlines. "world business today" starts now. hello, and a warm welcome to "world business today." im nina dos santos at cnn london. >> aim andrew stevens in hong kong. her...