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cut the uk's aaa crown late on friday. so this market is reacting to that, but managing to shrug it off. there's another reason why we'll be focusing on the ftse 100 later in the week, that's because the uk will be releasing gdp figures on thursday. the uk could be entering not just a double dip but a triple dip when those figures come out. across europe, not all bad news. in italy, the first italian first in recent history of the italian republic to be re-elected. that paves the way for eventually calling snap elections in july or an interim government and that helps to shore up the eurozone. back to you. >> thanks, nina and pauline there. now to a couple of cases of celebrities behaving badly.

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fitz ratings on tuesday became the second to downgrade the uk, refer together biting effects the austerity policies have been doing here. first quarter gdp figures will come out on thursday. concern that we could have entered a triple dip. the xetra dax is leading today, there's little relief now that italy has secured a second term for its president, and that could ease the political impasse. italy has been without a government for many months now. it's hoped that he could trigger snap elections in july. not looking too bad. pauline? >> we gave you a decent lead-in in the asia pacific markets where most markets ended in positive territory. investors in japan were saying hallelujah because of the

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Detailed text transcripts for TV channel - MSNBC - 20130305:21:11:00

are not on it and now he can come up with a continuing resolution that just slashes away even more. >> i think you just read my mind. i was literally just about to say paul ryan is living his best life now. he seems giddy. i mean, he's finally getting to do all the things he wanted. literally taking out all of the pain of his austerity on the poor. this is all about cutting head start and cutting meals on wheels and programs to feed the eld elderly. >> and transportation services for the disabled. >> that's where he's always wanted to go after and he's bringing back his idea of voucherizing medicare. what's interesting is austerity has a terrible track record around the world. it's brutalized italy with six consecutive quarters of negative growth. >> 27% unemployment. >> in britain it caused a double dip recession. >> now it's a triple dip. >> even when economists tell republicans doing austerity destroys the economy, they don't care. this is balancing the budget for the sake of balancing the budget. it's now all ideology and also it's part of this social ideology, that the idea that

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Detailed text transcripts for TV channel - FOXNEWS - 20120615:09:45:00

>> some quick headlines now. why double dip when you can go for a triple dip. danny donahue the head of the largest government worker's union is able to cash in on three different pensions totalling 130,000 dollars. a spokesman for the civil service employee's defends the pension amount. eek eek city has unique -- oklahoma city has unique honor voted the most manliest. it has the number of pink houses and home improvement scores to make the decision. staeak and potatoes. it is quarter to the top of the hour. they fear for their lives. now ten passengers are filing suit over a march jetblue flight where the captain had to be locked out of the cockpit and restrained after yelling about al qaeda. you remember this story. do those passengers have a case?

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