Live Breaking News & Updates on Thursday July 14th
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good morning. it is thursday, july 14th. this is your a.m. wakeup call. here s break is news. we just learned that british police have made an arrest in that scandalous phone hacking case that brought down that is bringing down parts of rupert murdoch s news empire. i ll get you more on that in just a moment. i wish i could say there s big news about the debt ceiling talks. i can t tell you that. there s more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn t go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don t call my bluff, eric. and then he walked out a few minutes later. president obama said all along he d veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to t ....
parties in parliament called on murdoch to dump his plans to pursue it. at least four members of the u.s. congress want the government to investigate whether u.s. citizens were victims of phone hacking by murdoch s media outlets. international journalists were attempted to hack into the phone messages of 9/11 victims. > ruling party officials say mr. salih will go back after he s 4 surgery. those are the headlines. those are the headlines in cnn in london. world business today starts now. very good morning to you from cnn rome. and good afternoon from cnn hong kong. i m pauline chu and this is world business today. these are the top stories on this thursday, july 14th. running on empty and running out of time on both sides of the atlantic. there s a tense stalemate in washington as lawmakers fail yet again to head off the looming debt default. meanwhile, italy races to push through austerity measures and restore confidence in the country s economy. plus, r ....
wait. bullets kept flying as our team sped away. okay. we re leaving this area. there s gunfire all around us and we believe that gadhafi forces are doing a round about movements so we are rushing out of this area. this reminds us just how dangerous and desperate the life has become for the libyan people. we re going to talk to ben live from libya later. india police say it is going to take more to pinpoint who is behind the triple bomb blast in mumbai. it killed 18 people. no intelligence is pointing to anything imminent. for now the minister says anything hostile to india is suspect. don t give it another shot. today, the president, congressional leaders have been going back and forth on a debt ceiling increase for about a week now. the deadline is august 2nd. otherwise the u.s. may not be able to pay its bills. so far, little to show but ex as sper rags. eric cantor and then walked out of the talks. we re going to talk to the policy as well as the personali ....
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