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$85 billion. that is 2.23%. michael ramirez, thank you for letting us use the pie chart. we want to start the panel with a tweet from laura carlson. laura carlson, from iowa, i guess. laura carlson, i.a., true sequestration numbers. what is the truth. can president obama decide what exactly, where in-budget cuts can be made. ve have been talking about they are cuts, talking about the cut bus the federal government is growing. can president obama even as it's written decide where these cutbacks and decreases go? steve? >> well, there is some disagreement on this. the white house says no, we hav...

israeli prime minister netanyahu spoke out on monday that the threat and time for dip seu is falling short. barack obama reiterated america's intention to try to avoid military conflict over iran's program and restated diplomatic means of dealing with tehran. iran said it wants nuclear technology solely for peaceful purposes. "world business today" starts right now. good morning. from cnn london, i'm anita desantos. >> and very good afternoon from cnn hong kong. the top stories this tuesday, march the 6th. the world's second biggest cotton producer bans export. india's surprise a...

Some of the more heavy markets in the region, particularly shanghai. 2.23%. shanghai being brought down. sensex brought down by 0.32%. they continue to fall down 2% after that surprisingly strong interest rate off the other third of one per sechblt japan remains cold for the holidays. not a pretty picture for this week's training day. >> in the meantime things seem to be rebounding here in europe. you look at how some of the things ended in america. in the united states, dostocks were under pressure. at end of the the session, the dow jones industrial average as you can see there was completel...

Jpy at 81.01. investors could be quite happy about it actually if you look at what's been happening around the rest of the region this day. the hang seng hong kong dropping thanks to commodity prices. the slide has gone on pretty much this week. speculation mounts. that's the damage that caused it. hang seng down 1.35. shanghai down 2.23%. it is quite sensitive to move on any commodity sort of prices. one item of asia-related market news we need to tell you about, and that is renren. the social networking company was expected to price after the market closed on tuesday. that's now expected t...

Deals dollar general they have the name brand products. for 1.50 at dollar general it's the same savings they cost 2.23 at wal-mart. >> smart by. that is a deal. >> some of the snacks. >> some of the snacks look at these look at the packaging expiration dates. can't go wrong with these kind of granola bar snacks. $0.69 at a dollar store or a dollar at wal-mart. a little bit of the savings there. >> you have top selectiselectiv. >> basic personal care toiletry. you can't go wrong with these. a dollar at the dollar store. if you look at the 500 count you are paying almost $3. what i like about s...