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countrys economy is expected to lose billions of dollars. more rain is in the forecast. the united states is pushing other countries to further isolate irans government after it says it foiled a tehran-backed murder plot. the u.s. accuses iran of killing the u.s. ambassador. the alleged plot sun characteristic of irans current government, some say. the nigerian man accused of trying to blow up a u.s. passenger play on christmas day 2009 has pleaded guilty to all charges against him...

out front a major terror plot on u.s. soil foiled. a senior administration official tells me this was international murder for hire. heres what weve been told. two men charged in an alleged plot to assassinate the saudi arabian ambassador to the united states. one is a naturalized u.s. citizen in custody and identified as 56-year-old mondaysor ar bab si ar. he appeared in a courthouse this afternoon. he did not enter a plea. according to the complaint that we read, he planned for someo...

first, heres my take. this was u.n. week, and there was some drama over the issue of the palestinian bid for statehood. but the real action is taking place now as the worlds finance ministers and leader meet to talk about money. i think its fair to say that we are confronting the worst economic moment since the days after the collapse of lehman brothers in 2008. growth has slowed in europe and the united states, and it is slower even in the bubbling, emerging markets. some european cou...

was some drama over the issue of the palestinian bid for statehood. but the real action is taking place now as the worlds finance ministers and leaders meet to talk about money. i think its fair to say that we are confronting the worst economic moment since the days after the collapse of lehman brothers in 2008. growth has slowed in europe and the united states, and it is slower even in the bubbling, emerging markets. some european countries now have deep problems with their debt burde...

in spending that weve already cut from the budget, our plan makes additional spending cuts that need to happen if were to solve this problem. we reform agriculture subsidies. subsidies that a lot of times pay large farms for crops that they dont grow. we make modest adjustments to federal retirement programs. we reduce by tens of billions of dollars the tax money that goes to fannie mae and freddie mac. we also ask the largest financial firms, companies saved by tax dollars during fina...

strings attached. were keeping them honest tonight. also, in a moment, well take you live to a town thats still under warde, and youll hear from a man who has been stranded by hurricane irene and he says forgotten by fema. rising waters leaving him surrounded. roads are gone. nearby houses gone as well. power is out. supplies are still limited. he says he hasnt seen a government official or fema worker and only local sheriffs trying to deal with the problem. he joins us shortly by ph...

a leading congressman says we "decades if not centuries of should pay for it but only with protocol in what republicans spending cuts in unrelated call an effort to run up the programs elsewhere. even though during another big gop. disaster, he wanted relief money in case you were wondering what all the gamesmanship and game for his own district with no strings attached. playing and petty politics is were keeping them honest tonight. about, jobs, not politics, jobs. also in a moment, w...

hurricane irene and he says forgotten by fema. rising waters leaving him surrounded. roads are gone. nearby houses gone as well. power is out. supplies are still limited. he says he hasnt seen a government official or fema worker and only local sheriffs trying to deal with the problem. he joins us shortly by phone. breaking news tonight, late word that president obama will hit hard hit patterson new jersey over the weekend. flood warnings in effect for the area up and down the east coa...

their crack downon opposition protesters has been going on for nearly five months. the investors know the queasy feeling again as the markets turn down after a rally that was all too brief. the numbers in asia arent too impressive either making the european stock markets a lonely bright spot. of course, well bring you full coverage on "world business today." thats coming up next. two attacks occurred in pakistan on thursday. a police truck passed by killing five people, including f...

a moment on "world business today." in south korea, landslides and flooding sparked by heavy rain has killed at least 44 people. rescue workers are searching for survivors in and around the capital. hundreds of people have lost their homes and thousands dont have power. were getting the first videos of the moment of the bomb blast in oslo during fridays terror attacks. the norwegian prime ministers announced an independent commission to examine the killings there and on utoya islan...