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inside a hospital in somalia to remind us that they aren't statistics, they are people in pain. i'm wolf blitzer, you're in "the situation room". after weeks of blatant political flirting, the texas governor rick perry is now ready to commit. cnn has learned he will major a formal campaign announce mementd our new poll, jim, shows he will be very competitive. >> that's right. he comes in the top tier, wolf, you're right, rick perry, according to a source close to the governor has told cnn that the texas governor will be announcing he's running for president on saturday. he will be do...

Economic recovery. samantha hayes, cnn, washington. now the lines are getting longer and longer as food prices go up. in bolivia, soaring sugar prices have left wondering how they can afford to eat. they're also dealing with mother nature. mud slides in the capital have bolivians running for higher ground. that's just ahead on world business today. house. that and boston crème pie, white chocolate strawberries. [ female announcer ] yoplait light -- over 30 delicious flavors at about 100 calories. babe, what are you doing?! ♪

The sun is setting. spectacular life across the harbor there as we pan around to the side of the city. welcome back live from cnn hong kong and cnn london. we're watching world business today. expand your horizons and learn to let go -- two very important lessons for successful ceos to take onboard in the installment. richard brannock is out from the suburbs. and delegating responsibility is easier said than done. previously on "the box." she encouraged her team to think out of the box. >> every part is so important. this is us presenting our new phase, our new direction. >> and the new pr...

It helped to increase the melting of the snow in parts of indiana and areas in illinois and missouri. they're all dealing with areas of flooding. potentially it will get worse with the record amount of snowfall over the last couple of months. andrew, back to you? absolutely. if it's not snow, it's rain. it's draft as well. we continue to report on drought conditions in so many other parts of the world. >> absolutely. >> thanks for that. >> cnn series, the boss -- we're following three ceos as they search out greener pastures for their companies. one is taking his sources out of the city and ...

Welcome back. you're watching "world business today" live on cnn. the fashion house dior is moving to sack its chief designer john galliano after new footage of him using anti-semetic language appeared on line on tuesday. the chairman said we unequivo l unequivocally condemn the statements made by galliano that is not the values of christian dior. he's been the chief desyner since 1996. dior might consider pulling out of paris fashion week. >> a significant business is involve in holding that show. a lot of investment, a lot of jobs are at stake and so forth.