weekend. more than four million people are without electric power. a truck bomb followed by a gun battle killed at least two people in the southern afghan city of kandahar. it happened outside the international relief and development office. afghan officials say two people were wounded in that attack. taliban fighters set off a truck bomb, entered the compound and fired on security forces. closing arguments could begin in the next few days in the trial of michael jackson s doctor. on friday an expert witness called by the defense testified that jackson likely died from self injecting a powerful sedative while the defendant, conrad murray, was away. those are the top stories from cnn, the world s news leader. i m zain verjee. world business today starts now. good morning from cnn london. i m charles hodson. this is world business today. our top stories on monday, the 31st of october. back in the air, qantas resumes flying after a 48-hour shutdown. japan sells off c
politics, ordinary spaniards feel the pain. and the french president says it was a mistake for greece to join the euro. first off, let s go straight to the european stock markets and see how they re faring at the minute. we re seeing a higher open and that in turn follows rallies on thursday after that crucial deal was reached at the eu summit in brussels. we ll bring you the numbers in a moment s time. first up, let s tell you what s making news across the region. in particular, it is the french president, mr. nicolas sarkozy. in an interview on thursday, sarkozy said allowing greece into the euro zone was, it seems, a mistake. greece ended with false economic figures. it was not ready to do so. sarkozy spoke with the chinese president, hu jintao on thursday to assess china s reaction to the eu deal. we had spanish jobless figures being released a few moments ago. what we know is the spanish jobless rate has risen to 21.52%. so 21.5% across this euro zone nation. this me
to be flip the definition of is? this is a very interesting issue too. clear during the campaign he said if you make less than $250,000 you will not pay a dime more of taxes unmy plan. now what he s been saying subtle shift in the last two weeks. a dime more income taxes. that s not what he said during the campaign that seems to open the door for a value added tack. he s not ruling out when he said i was not going to raise income taxes. greta: if they are trying get everybody used to it which would be is it an acknowledgement that the stimulus bill didn t work? the stimulus bill had it stimulated the economy would have generated more income which would have been more income receipts and would mean the government doesn t mean so much money in the value added tax i agree well put. there s another interesting point. the idea of the stimulus plan
to be flip the definition of is? this is a very interesting issue too. clear during the campaign he said if you make less than $250,000 you will not pay a dime more of taxes unmy plan. now what he s been saying subtle shift in the last two weeks. a dime more income taxes. that s not what he said during the campaign that seems to open the door for a value added tack. he s not ruling out when he said i was not going to raise income taxes. greta: if they are trying get everybody used to it which would be is it an acknowledgement that the stimulus bill didn t work? the stimulus bill had it stimulated the economy would have generated more income which would have been more income receipts and would mean the government doesn t mean so much money in the value added tax i agree well put. there s another interesting point. the idea of the stimulus plan was to stimulate spending to