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CNNW Fareed Zakaria GPS September 25, 2011



first, here s my take. this was u.n. week, and there was some drama over the issue of the palestinian bid for statehood. but the real action is taking place now as the world s finance ministers and leader meet to talk about money. i think it s fair to say that we are confronting the worst economic moment since the days after the collapse of lehman brothers in 2008. growth has slowed in europe and the united states, and it is slower even in the bubbling, emerging markets. some european countries now have deep problems with their debt burdens that appear unmanageable, and that problem is spreading to major european countries like italy. europe s banks have too little capital and too much bad debt on their books. they are posed for a lehman-like event. and here s the worst part in light of these problems, key governments are doing almost nothing. the real culprits are the leaders of europe. they have been kicking the can down the road for two years. they now have to face ....

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CNNW Fareed Zakaria GPS September 25, 2011



was some drama over the issue of the palestinian bid for statehood. but the real action is taking place now as the world s finance ministers and leaders meet to talk about money. i think it s fair to say that we are confronting the worst economic moment since the days after the collapse of lehman brothers in 2008. growth has slowed in europe and the united states, and it is slower even in the bubbling, emerging markets. some european countries now have deep problems with their debt burdens that appear unmanageable, and that problem is spreading to major european countries like italy. europe s banks have too little capital and too much bad debt on their books. they are posed for a lehman-like event. and here s the worst part in light of these problems, key governments are doing almost nothing. the real culprits are the leaders of europe. they have been kicking the can down the road for two years. they now have to face the fact that the euro was badly created. mixing to ....

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CNNW John King USA September 9, 2011



the news continues on cnn. good evening, everyone. up first tonight, urgent concerns about your safety heading into the 9/11 10th anniversary weekend. additional security at the memorial event president obama and other dignitaries will attend this weekend at ground zero in new york, the pentagon and the site of the united 93 flight in shanksville, pennsylvania. evidence of heightened security is everywhere in new york. the homeland security secretary janet napolitano is tonight asking the public to be vigilant and speak up if you see something. here s what we know about this disturbing jenls. intelligence. american spies intercepted communications from an al qaeda operative in pakistan whose information in the past has proven reliable. in this case, the operative indicated plans for terror strikes, most likely involving car or truck bombs in new york and/or washington around the 9/11 an versery. our sources tell us other intelligence chatter suggests the new al qaed ....

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CNNW John King USA September 6, 2011



new york. i m wolf blitzer. thanks for watching. the news continues next on cnn. good evening, everyone. it is testing time in american politics. one leading republican presidential contender, texas governor rick perry, is about to make his debate debut and is drawing a political spotlight as his state deals with punishing wildfires. at this point we re urging people to avoid any outdoor activity which could conceivably start a fire. another top-tier gop contender the former mches governor mitt romney took issue with the democratic incumbent as he outlined a 59-point plan to spur job creation. what he s doing is taking quarters and stuffing them into the pay phone and thinking can t figure out why it s not working. it s not connected anymore, mr. president. all right, your pay phone strategy does not work in a smartphone world. and that indumb bent, governor romney speaks of, president obama, he s at a new low point in his political standing as the preside ....

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Detailed text transcripts for TV channel - CNN - 20110427:08:08:00

Peak and losing about $100 billion in its market cap. it s still down 2 % compared to its peak last year at 6.60 in the uk market, 6 pounds and 60 pence. you had the sharp spike in the trough there, june 25th of last year when there were some going concerns whether bp could restructu restructure. the company had a recovery and you see the bounce down again when it had its challenges early this year in russia. it was hoping that the $7 billion deal with reliance industries, which bob dudley called transformational, would turn things around. compared to what it s faced on the last year and $2 billion of its legal fees and cost in america, the tie-up in the courts with transocean, for example, still has a road ahead. the good thing is, the oil price ....

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