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Transcripts For CNNW CNN Newsroom 20110804



bank, their equivalent of ben bernanke gave a speech had morning and they said their economic growth is slowing, and traders took it as a note to say things are more serious than we thought. you combine that with the fact that the japanese central bank intervened to prop the yen up, and there s a fear that everybody is doing badly and nobody is there to pick up the slack. basically is that what is happening. money is coming out of the stocks. when you see that happening, it comes out of commodities or gold. people are taking their money out of the stock market and gold, and oil, and this is the jitters of people taking their money out and putting it in their mattresses. and let s bring in the assistant editor of a financial magazine. a drop in two weeks, and why is the fear taking hold right now? i think a lot of it today is what ali said, the turmoil in europe that is suddenly worse than we thought. there was a feeling the ecb was going to rescue things and that we ....

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Transcripts For CNNW CNN Newsroom 20110730



has been recovered. federal investigators are hoping a $10,000 reward will lead them to the weapons or to whom ever may have taken them. the awol private accused of plotting an attack on soldiers stationed at ft. hood in texas is now being held without bond. naser jason abdo was in court yesterday. he was arrested after being tipped off by a gun store clerk. officials say they found bomb-making materials in abdo s motel room. they also say abdo admitted he plans to set off bombs at a restaurant popular with soldiers. texas is in the midst of one of the worst droughts in its history. right now in texas conditions are worse than during the dust bowl of the 1930s. take a look at this house right here across texas, many houses are shifting on their foundations because of the extreme dry soil. in some cases foundations have sunk or shifted more than 5 inches and repairs are expensive. it sank even more since the drought. it cracked. front door locks, i had changed out ....

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Transcripts For CNNW Your Money 20110723



jeanne, first question, is it time to simply say, let s go for the possible in washington? everybody has grand ideas about what they want to do. nobody, nobody can get the support to get one of those through. do we have to look for just the possible? i think the mission of everyone in congress is to absolutely raise the debt ceiling. they cannot get away without doing that. the s&p has been the strongest credit rating agency. they said, we re going to downgrade you if you don t come up with a plan. but they say f you raise the ceiling but give us indication that you re on the road to getting agreement on the deal, we ll keep you on credit watch negative but we ll affirm your aaa rating if you get it done within a couple of months, if we see that possibility. that seems to me to be the fallback plan for congress. whether they take senator mcconnell s plan, neither the republicans or the democrats seem to like it. it would allow the president to raise the debt ceiling a ....

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Transcripts For CNNW Fareed Zakaria GPS 20110717



with experts from the region. another consequence of the recession? green is no longer hot. we ll explain why that could be good. what is the cheapest city for a world in an american ex-pat. we ll get to the debt ceiling in a moment. i wanted to give you my take on something else of importance that happened this week. amid karzai was gunned down by a close family associate. he was hamid karzai s half brother and ran the crucial southern provinces. his death has been described as a huge setback for karzai and the international coalition that is trying to support the karzai government in kabul. let s try to understand why he was such a crucial figure. it provides a window into understanding the future of afghanistan. amid wally carsi karzai was rut with troops not supporting his brother, cutting them off from any aid. he gave the american and brid tisch forces information on hostile tribes, provided crucial intelligence on key groups and militants. he was the first af ....

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Transcripts For CNNW CNN Newsroom 20110528



explosions rocked libya s capital city today. a government official says one of the blasts hit a compound in tripoli belonging to leader moammar gadhafi. nato confirmed and bombed a vehicle storage area in a second strike nearby. egypt reopened its border crossing into gaza that opens the door to the outside world for palestinians. officials say hundreds passed through the border town of raffa today. israel worries that terrorists will now ship arms across the border. the egyptian government had supported an israeli blockade imposed back in 2007. president barack obama wants to make it easier for polish tourists and business people to visit the u.s. during a visit to warsaw today, the president said he supports admitting poland into the state department s visa waiver program. that program enables citizens of member countries to visit the u.s. for up to 90 days without getting a visa. our expectation is that by this change in the law, we can be in a position to resol ....

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