97 18 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> japan's debt was running 200% of gdp. it had been recently downgraded by moody's and s&p. >> several japanese auto plants shut down indefinitely but they see little impact here, even more the american plant that gets 20% of the component from japan and most are areas untouched by the earthquake or tsunami. japan has been the second largest lender to the u.s. now it will be spending more money at home and presumably lending less. so credit markets could tighten and the u.s. may face higher interest rates on the insatiable appetite for borrowed money. bret? >> bret: jim, thank you. oil droppe...

>> japan's debt was running 200% of gdp. it haden indefinitely but they see little impact here, even more the american plant that gets 20% of the component from japan and most are areas untouched by the earthquake or tsunami. japan has been the second largest lender to the u.s. now it will be spending more money at home and presumably lending less. so credit markets could tighten and the u.s. may face higher interest rates on the insatiable appetite for borrowed money. bret? >> bret: jim, thank you. oil dropped below the $100 a barrel mark. april fell $4. $97.18. gasoline was unchanged overnig...