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Money bail out the banks. that is the outlayer. chaotic dissolution eurozone. i think that is taken off the table by lot of measures the central banks have taken since then. other issue the europe will likely go into recession. they're engineering a recession with austerity programs. government cutting back on spending and such. european economy is going to be weak which obviously means exports to europe will be weak. that is a secondary risk that will weigh on global growth. arthel: this may be unfair but i need a yes or no answer. will this mean topsy turvey market next year. >> likely at be...

clinton will meet myanmar's president along with the pro-democracy party leader. these are live pictures from occupy wall street in los angeles. riot police are blocking off streets around the movement's camping ground. protesters were ordered to evacuate city hall grounds by midnight on monday but have refused to leave. of course, we'll bring you more on the standoff as it develops. the former leader of ivory coast is now in custody in the netherlands for an appearance before the international criminal court in the hague. gbagbo was arrested in april by forces loyal to the curre...

with him. let's go to mark preston who joine joins us now from washington. cain ducked the topic during a speech last noit. do we expect him to say anything today? >> we do. this is something that will dog him along the campaign trail, don. something he has been battling for several weeks. several women come out and allege that he sexually harassed them during his tenure at the national restaurant association and now we have this new woman, ginger white coming out saying that she had an inappropriate relationship with mr. cain for 13 years. she spoke out about it on a local atlanta t...

That you know, the whole idea about cutting back on spending, are you serious about that or not, gretchen? you want to save $4 trillion or 4 billion i think was the announced figure last week. where are you going to start? >> you have to start somewhere. the question that we should be asking is, yes, eric holder should be able to make trips like this but is this a priority right now? is it a priority to be working with the caribbean right now? is it a priority that he has staffers with him? how many staffers does he have with him? how many staffers does the president have with him in australia...

the prime minister's home. demonstrators are demanding that he step down. fifa's president says he never meant to imply that racism isn't a problem in football. earlier seth blater said players who think they've been abused during a game should shake hands with their opponent and move on. blater released a statement saying he is committed to fighting racism. president obama and australian prime minister gallard discussed troops. he announced a deployment of 2,200 marines to australia. i'm zain verjee. world business today starts now. good morning. from cnn london, i'm nina del ...