Rain Desperately News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Supposed to be gone by 10:00 a.m. let's revisit the first part of the story, cold in the east, drought in the west. california is facing a historic drought situation, but the soggy irony is the rain coming won't help. just too much all at once as much of the state expected to get hammered over the next couple of days with heavy rain and snow. that could spell disaster in that mudslide prone area with the foot hills east of l.a. michaela pereira went out there to cover the oscars but the news comes first. >> reporter: that old saying chris be careful what you wish for. california needed rain ...

Despite three big austerity packages. certainly, charles, usausteritys going to be front and center in that campaign. people in spain getting more and more angry about the sacrifices they have to make getting their country back on trac he's likely to face a tough time. >> indeed. the situation for a lot of governments in the southern yeuo zone members getting tough indeed. china, the worst drought in years. rain desperately needed. the outlook from the international weather center, how bad has it actually been there, ivan? >> it's been horrific. in fact, for some of the farmers there that ma...

treed. jacob zuma will try to convince moammar gadhafi of peace talks. his rival and another fifa executive have been temporarily -- a coalition commander has offered his sincerest apologies for an air strike on saturday that he says killed nine people in afghanistan. and earlier toll according to afghan and nato forces was 14. hamid karzai condemned the strike. those are the headlines. "world business today" starts right now. good morning from cnn london. >> good afternoon from cnn hong kong. you're watching "world business today." here are our top stories for this monday, m...