to 14 years in prison for the murder of a black teenage, stevon moore, at least two decades ago. the judge said they committed a terrible and evil crime because of racial hatred. they were convicted with new forensic evidence that was not available back then. for the first time in more than 50 years, a british foreign secretary is in myanmar. william hague is meeting with government officials bringing a message of reform and offering britain's help. he's also meeting with pro-democracy leader aung san suu kyi. her party has been re-establi re-established and will be part of elections in april. those are the top stories from cnn. "world business today" starts right now. good morning from cnn london. i'm charles hodson. >> and good afternoon from cnn hong kong, i'm andrew stevens. you're watching "world business today." our top stories this thursday, january 5th -- >> european investors are on edge as greece sounds the alarm and france faces a big test on the bond markets. >> after remaining -- for four months can yahoo! regain direction with a new man at the helm? also ahead -- >> honorable gentleman could perhaps aten more closely to what i'm saying. rather than how i am saying it. he may receive a valuable education in spite of himself. >> as the iron lady debuts in london, we chart margaret thatcher's lasting economic legacy. the word on the world stock market is not particularly cheerful this thursday. exchanges in asia, mostly down after closing a short while ago. in europe, things aren't getting off to much of a start either. let's get straight to the numbers. charles? >> absolutely. right across the board, an hour and three minutes into the trading session, what is worrying these markets, we're seeing a french bond auction today, long dated sovereign debt from the french treasury. it is seen as a test of how much progress euro zone leaders have made. there is a lot of liquidity involved here. it is up to 8 billion euros france will be selling. if it sells all of that it will be $10.4 billion. this follows subdued deman for german bonds at auction on wednesday. this explains why paris, for example, still off further than the frankfurt dax, off by 0.75%. we are seeing selling across the board with these two markets across the euro zone. london and zurich off by 0.75%. andr andrew? the asian markets were the worst performing big markets in the world last year. it looks like they picked up where they left off. we've had one good day of the new trading year. surprise, surprise, europe remains front and center. the crisis returning despite encouraging data from the u.s. and europe. also, word from the greek p.m. who warns of uncontrolled default if wage cuts are not made. also has his attention on spain, the regional government of valencia is late to repaying a loan to deutsche bank. that fears that spain, too, may need some assistance. the nikkei down 0.8%, shanghai down nearly a full percent. hong kong, the only one standing out there up by about 0.5%. trading this week, charles, has been pretty thin. >> indeed. and hardly surprising. so you know, we really need to take all of these markets with a bit of a pinch of salt. in terms of the rally on wall street didn't last long. low-volume trading ending on a flat picture across the markets, if we can have a look and see how wall street ended. the indices clawed their way back from early losses but the nasdaq couldn't even muster a move into positive territory. just absolutely treading water there, andrew. >> charles, it's all new at the top of yahoo!. the company says its new ceo can turn around. but investors are more boo than yahoo!. paypal president scott thompson is taking over. they are struggling with market share and declining ad revenues and staff morale. yahoo! has been without apparent direction, trying to decide whether to sell assets, go private or allow itself to be sold. earlier, richard quest asked maggie lake what we know about the new man in charge. >> we don't know a whole lot about him. he's well respected, comes from paypal. he's a person with a payment background, not the name you'd expect for a company that needs something dramatic. that's the problem, richard, this whole announcement today, it was much more exciting to see carl bartz get fired than it was to see this guy get hireded. >> hardly a ringing endorsement. that may have to do with the sheer depth of investors' despair. yahoo! has gone from being a star of the search world to something of an extra. it peaked in 2006 when it was the number two search engine at 40 bucs a share. $43 actually. competitors cornered its markets, google now dominates search and ad revenue, facebook dominating social network and lack of aggression, perhaps, is the common charge thrown at yahoo! that failed to make deals with its competitors. 2008, fast forward there to the botching of its -- of the microsoft takeover in 2008. it turned down $47 billion, compare that with its current market capitalization of $20 billion. also botched, it said, anyway, according to analysts, an ad revenue deal with google that same year. bartz joined at the start of 2009. let's have a look at where we are now. sorry, january 13th, 2009, carol bartz was hired then. let's have a look at the next one here, carol bartz being fired and share price, $12. during her reign essentially gave up on search business, ad revenues falling. bartz did have to cut costs to preserve profits. the share is now slightly higher as you can see, than when she was fired. shareholders still wanted the company to be sold. this fresh appointment doesn't seem to have allayed fears. >> maggie wasn't kidding when she said it was more exciting that carol bartz was fired than the new hire being announced. that was a spectacular corporate story. yahoo! certainly hoping the new ceo can maintain a slightly more harmonious relationship with the company board than his pr predecess predecessor, carol bartz. when she was giving the news over the telephone, she didn't hide her feelings. she gave an interview to "fortune" magazine in which she said, these were her words, take a look at this, these people "f," dot dot dot, me over. the board was spooked by being casts worst board in the country. now they're trying to show that they're not the doofuses that they are. she kept the investment community absolutely hanging on that story. let's take a quick look at other headlines this hour. the man who blew the lid off the billion dollar accounting scandal in olympus is back in japan and pondering his job as the company's ceo. michael woodforde arrived thursday morning. he's making a final decision on whether to retake the top job. >> i think i have enough support from shareholders. there's not an issue in relation to support. >> woodford was dismissed after bringing its irregular accounting to light back in october. china's four biggest airlines have delivered a blow to the european union carbon emissions rules. chinese airlines are considering taking the eu to court despite an unsuccessful legal challenge to the changes last month. airlines from countries who offset emissions in other ways may be exempt to the charges. i don't think that applies to china yet, andrew. >> "the wall street journal" is reporting that the once mighty imaging company kodak may have to file for bankruptcy protection if it can't sell its digital patents. kodak's revenues have been eroded by the rise of digital technology, something kodak invented but failed to profit from. they are down, as you see, 28%. the unpredictability of the iowa caucuses is over. seven presidential candidates have become six. that's in terms of the republican caucuses, of course, and the reality of next week's new hampshire republican primary is now in focus. the man who tenuously topped the iowa vote is on top in new hampshire. mitt romney very much the man to beat and rick santorum, the christian conservative has a lot of work to do. michele bachmann packs her bags and heads back to minnesota. the remaining candidates will be closely scrutinized on economic policy, both, of course, have president obama in their sights. >> i think president obama has instituted a policy which is the most anti-investment, anti-entrepreneur, anti-small business, anti-jobs philosophy and strategy we've ever seen in this country and i would get america to once again be the best place in the world for enterprise and job growth. >> he believes you are incapable of freedom. he believes you cannot provide for yourself. and that the government has to dictate to you, all of the basic needs, all the basic wants of society have to be organized and orchestrated by the federal government. that's why we have obama-care. >> as a former businessman, romney may be winning the economic argument but santorum is out for hearts as much as minds, attempting to gain a moral victory as well as a monetary solution. coming up next, two stories about rising diplomat tensions over iran's nuclear program. u.s. lawmakers are accusie inin chinese company of supplying sensitive technology to iran. the response, just ahead. international pressure is mounting on iran as europe decides to hit iran where it hurts, in the wallet. miami nigh mex the price of n wrxt mex at the moment is hovering around $102.56 a barrel. this is how it has performed over the past six months or so. the oil price following the direction of stock ind diaz in the lawsuit summer, early autumn. demand recovery has been con stan as of late with a burst in recent days prompted by those growing risks to supply coming out of the gulf. now, those risks have only grown with an eu agreement to ban imports of iranian oil. governments have united to pal yat more pressure on iran. details of the embargo have not yet been decided. the movement could incite retaliation. iran has already threatened to block the strait of hormuz, the mouth of the persian gulf vital for the supply of at least a fifth of the world's oil. tensions between china and u.s. are heading up over iran. think of it as china's version of cisco. they are accusing the chinese company of violating the law by providing sensitive technology to iran. ramy inocencio has been looking at that story. >> they received a statement from huawei just a few hours ago. they say one of their funmental principles is to be in strict compliance with all relevant international and local laws, including applicable u.s. laws and regulations. huawei is referring to this october report right here, from "the wall street journal" titled chinese tech giants aid iran. now the journal wrote huawei recently instasign a contract t install equipment. the journal wrote huawei did the same for the second biggest mobile phone provider. they argue they've never been involved in services related to monitoring or filtering technologies. despite that, on december 10, the company said it will stop looking for new clients in iran. u.s. lawmakers said that was a positive step but said huawei could still be in violations of some sanctions. the state department says it will follow up on this letter from the u.s. lawmakers. any probe will be, quote be, a complex process. that will take some time to complete. looking at the bigger picture, this u.s. pressure here is one of several actions, of course, recently, that have been aimed at iran over the weekend. president obama himself sign some new sanctions into law against iran's finance sector. and next week, treasury secretary tim geithner is scheduled to travel to japan as well as china in order to get them to cooperate on a plan. >> that's ramio inocencio. happy new year to you. good to see you back. charles? fruit farmers are feeling the chill in the united states. we'll be right back with that and your world weather forecast. [ding] announcer: clean kitchen surfaces, utensils, and hands with soapy water. one in 6 americans will get sick from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. the euro continuing to fall, now 1.28 against the u.s. dollar. welcome back. you're watching "world business today" live on cnn. u.s. orange juice futures rally for a second day in a row on wednesday after word of a hard freeze across the state of florida. so how long will temperatures threaten the citrus crop? meteorologist ivan cabrera is at the cnn weather center. i gather that frost is pretty rare in florida? >> certainly the frost and the freeze is what concerns us here, especially a long duration event. good to see you, charles, and happy new year to you. temperatures in florida have been flrigid, no question about it. it's an $8 billion industry here. when they do this, very concerned indeed. 8 below in tallahassee. temperatures going anywhere from 2 to 3 below. that is the threshold, that is when you start getting damage to the citrus crop. let's take you to the scene in central florida and elsewhere, where farmers were irrigating, which certainly helps with the freeze. temperatures have been right around 2 to 3 below. florida citrus mutual estimating, again, some damage to some of the counties there. the key here is that it is not a long duration event. yes, we went to 2 to 3 below but this will not continue for several nights in a row here. i think we'll be in pretty good shape. we've had some damage to the leaves and ice on the fruits but nothing widespread, nothing devastating here. that is certainly excellent news. i'll show you the scene right now as far as the current temperatures. this freeze has been under way across the entire southeastern u.s. it's even kind of cold in miami. orlando, 4 degrees. generally running a little bit milder through the morning. we'll drop a few more degrees as the sun gets up here. i think we're done as far as the frigid, dangerous temperatures here for the citrus crops. the temperatures over the next several days after this blast of arctic air that came from canada and has been with us the last couple of days. that high will move to the east. we get a return southerly flow here. we'll go above normal with the temperatures over the next few days in central florida there. so about a quarter of the citrus crop impacted but not in a significant fashion here. so i think our orange juice prices, hopefully, won't be going up this year. guys? >> okay, ivan, many thanks to you. and having seen from frost does to my orange trees at home, it takes the leaves off, i certainly feel for the growers in florida. many thanks to you. andrew? >> didn't know you could grow oranges in the uk, charles. you live and learn. orange juice prices may be staying flat, which is good news. bad news is if you're looking for good sushi in japan, it could cost you a pretty penny. it's already notoriously expensive but in japan, the delicacy could now be hitting a new high. that's because a bluefin tuna sold for a record price in tokyo today. this is prize catch, went for 56.49 million yen. that's a little more than $735,000. it was almost doubled last year's record price paid for tuna. this one weighed in at a whopping 269 kilograms. that works out to $2,734 per kilogram which makes it the most expensive per kilogram as well as the outright most expensive. the buyer was some a sushi restaurant chain operator in tokyo. he says he wants to keep the fish in the country to boost spirits rather than letting it go abroad. i eat sushi all the time, i just can't pronounce it today, charles. >> i'm fond of sushi as well. for spain, it rains but it never pours. with your mortgage, worried about foreclosure. we can help you keep your house. all we ask for in return is that you submit to our plans for galactic domination. [laughing] [laughing hesitantly] [laughing evilly] sign. announcer: if you're facing foreclosure, talk to the right people. speak with hud-approved housing counselors free of charge at... from cnn london, i'm charles hodson. i'm andrew stevens at cnn hong kong. welcome back. you're watching "world business today." >> times are tough in spain and that's an understatement but it could be about to get even tougher. the government is to announce yet more austerity measures today. its cabinet is in session right now. that is in addition to last week's spending cuts and tax increases. spain's unemployment is now at an all-time high. we learned just a couple days ago it's now in excess of 22% and its budget deficit is likely to have surpassed 8% in 2011. that is well ahead of a 6% target. that, again, was an unwelcome surprise. well now we want to look ahead to what those austerity measures could include. we'll know for sure a couple hours or so but for now, al goodman joins us from our madrid bureau. al, what are we expecting? >> reporter: i had, charles. we're expecting them to be talking about more austerity measures but as they did last friday when they said they would be talking but not implementing too many austerity measures there could be surprises that seems to be a trademark of this young government which just took power a few weeks ago. last friday, they did a nearly $20 billion package of austerity cuts and tax increases. the tax increase was on the income tax. that was a surprise to many people. critics say it will hit the middle income and lower income people hardest. what can we expect today? they're taking a look at the regional governments which even though the central government is trying to reign in the spending because of the crisis you just mentioned, the regional governments have been free-spending with big elephant projects with airports that don't have airplanes, a new penitentiary north of barcelona that doesn't have prisoners. these big ticket items, the government wants to take a look at these. that's what we may be seeing this day. charles? >> obviously white elephants aside, as you mentioned, perhaps they'll have to get the courts to lock up more people to fill up the penitentiary. i don't mean that seriously. in all seriousness, al, one wonders the extent to which the spanish people can put up with more of this. unemployment is at 22% and the economy is flat on its back. >> indeed. actually we still haven't really seen many analysts say, if you talk to a lot of people, we really haven't seen where this government will make their really deep cuts, because they don't have a budget for this year yet. last week they rolled over the 2011 budget. remember they were just elected in november and just took power a few weeks ago. they'll have to fashion a budget. they're saying maybe by march we'll have a budget. that's where everyone thinks the deepest cuts will be coming and the deepest reforms that's when, analysts say, when we may see the streets, which have seen protests for months, get a lot hotter. charles. >> there must be a great deal of polarization. someone has come in and managed to oust the left. traditionally, left supporters are spitting tacks at the moment, i mean tacks, t-a-c-k-s, about all of this. presumably there must be a deep divi divide. >> country is split. remember, the conservatives got an overwhelming majority. he really doesn't have to talk to any of the other parties in parliament, including the main opposition socialists and smaller leftist parties that took votes away from the socialists. left is very divided, including the socialist party is divided within itself. he has clear sailing right now. he has breathing room. most analysts will tell you. but the question is how long? many say till about march when things -- when he really unveils where he's going to have to make those decisions because right now he says everybody will have to share the pain but really we haven't seen, you are going to share the pain more than this other guy. that's when things will get tough. >> many thanks. andrew? charles, to another european country now under increasing pressure, hungary, its currency, hitting an all-time low against the euro this wednesday. let's take a look at the progress of the forint. starting off around the 275 to the euro. the euro gained almost 22%, hitting 223 forints to the euro. this concern has been driven by worries over hungary's new constitution. thousands of activists taking to the streets this week. protesting the passage of the changes which include a new central bank law. and just very quickly, on monday, we have the former socialist prime minister actually taking part in the protest as well. we're talking about this man here, right in the middle of your screen. he joined the 0 sigs to the center right party's move. he was detained by police in late december along with several other opposition mps. they say the measure threatens democracy. it's not only protesters on the streets of hungary who are voicing their opposition. concerns have been raised by the eu. the u.s. secretary of state, the imf and the european central bank. but despite all that, hunga hun secretary of communications defended the actions. >> the government had a huge mandate to achieve what we are achieving at the moment. that was to refurbish, renew, reboot the system. the new hungarian constitution is showing to the future, it is getting rid of the remnants of forced communism and the remnants of unsustainable systems, institutional and constitutional, that led the country by 2008 and '09 to the brink of collapse. it was high time for getting rid of the constitution. >> let's take another look at the stock market action here in europe where trading has been under way for just over 90 minutes. here's where we are standing at the moment with losses across the board. up to about two-thirds of a percent in the case of the paris cac current. there is a big french bond auction. up to 8 billion euros, up to $10.4 billion, that is, obviously a test of the resolve of euro zone leaders to solve the problems. obviously we have had demand for german bonds at auction on wednesday prove a little bit disappointing. so the two euro zone indices, the paris and frankfurt is off by 0.5% and the paris cac current off by 0.67%. take a look at the numbers we have in asia today, not a lot to celebrate. worries about the debt crisis in europe is becoming ever more pressing for investors in the asian markets. it remains a risk story. people looking at safe havens and asia certainly not being considered in that category even though if you look at japan where the economy there is performing unspectacularly but it is actually still chugging way with some sort of modest growth going on there. the nikkei down by 0.8%. you have the greek prime minister warning about this uncontrolled default if wage cuts are not made in greece. and we've got the attention on spain as well, the regional government of valencia is late repaying a loan to deutsche bank and that's fueling fears that spain may also need some additional support from central authorities there. so add all that together and you get more red arrows than green here in asia, charles. meanwhile on wall street, not a very exciting day, certainly thin volume on wednesday. alison kosik has a recap of what happened. stocks finished little changed wednesday, recovering from modest losses earlier in the session. concerns about europe resurfaced briefly but investors were able to shrug it off for now. the dow industrials added 21 points closing at 12,418. the nasdaq and the s&p finished mixed. one stock headed in the other direction, shares of eastman kodak tumbled to just 45 cents a share. the stock is down more than 90% over the past year. on tuesday, the nyse warned the company that it would delist the if shares didn't climb back above $1. on wednesday, "the wall street journal" reported that eastman kodak is preparing to file for bankruptcy. it will make that move only if it fails to sell the bulk of its digital imaging patents. quite a fall for a company that was a member of the dow 30 for more than 70 years. also here in the u.s., automakers capped a strong year for the big three. gm's rose 13% and ford sales increased 11%. chrysler up 26%. adding to the optimism, they expect 2012 to be better in the u.s. with payrolls and incomes on the rise. coming up on thursday, we get our first look at the job market during the month of december. adp will release its report on private sector hiring and we'll get a tally of first-time claims for unemployment benefits last week. all of that leads up to the government's big monthly jobs reading due out before friday's opening bell. that's a wrap of the day on wall street. i'm alison kosik at the new york stock exchange. here's how the markets are set to move when trading starts on wall street this thursday. off by about a third to half a percent for really pretty much across the board. dow off by 0.4%. andrew? we've all heard about the rising cost of living. coming up, we'll tell you about the rising cost of dying, particularly here in hong kong. in a city where space is always been a premium, finding a final resting place for a loved one isn't cheap. that's just ahead. welcome back. live from hong kong and here in -- hong kong and london, you're watching "world business today." this is a city where land is very limited. there's not much for the living, let alone the dead. as pauline chiou explains, it's resulted in a market for unlicensed funeral parlors offering to solve the problem of finding a permanent resting place. >> reporter: in a city as dense as hong kong, the living have to deal with limited space and so do the dead. because land is scarce, public grave sites are expensive and have a six-year time limit before the body is disintered and cremated. most hong kongers choose cremation in the first place. just finding a space to honor loved ones is becoming a problem. andy ting is grappling with the dilemma. he paid $60,000 for his father's ashes. the temple didn't have the a license for burial niches. the hong kong government has warned families they may have to find another location. "of course i'm sad. we used our own money to buy this niche. there's a chinese proverb that says once someone passes away there should be a place to bury them and it's disrespectful to move them around." the funeral industry is big business in hong kong. paper replicas are burned at funerals to accompany the dead in the afterlife. the big dilemma for the living is where to place the ashes once the service is over. all along this street you'll see funeral parlors like this one. let me bring you inside. inside each cubicle here is an urn holding the ashes of a loved one. the owner of this funeral parlor told me this is a temporary resting place and some families have waited as long as three years for a public space for their urn. this district counselor says unlicensed funeral homes like this one are popping up to accommodate the demand and renting out space to hold cremated ashes. if the hong kong government says this one is illegal, why is it still doing business? >> we do not know why. >> reporter: the problem is so bad, residents have protested at city hall. they're unhappy about the number of funeral shops in their neighborhoods. in chinese culture, people don't like to live close to anything associated with the dead. the government has plans to build 41,000 more public initials for burial urns but won't be built for at least another two years. in the meantime, residents like andy ting are uncertain if they can find a final resting place for their loved ones. pauline chiou, cnn, long congress. coming up here on "world business today," former british prime minister margaret thatcher inspired both hatred and admiration. now she's inspired a film. just ahead, a preview and a look at the lasting impact of her often controversial leadership. stay with cnn. tylenol: sure. don't you? tylenol (another bottle): hmmm...no... nyquil (stuffy): dude! anncr vo: tylenol cold multi-symptom nighttime relieves nasal congestion... nyquil cold & flu doesn't. [clucking] [clucking] [ding] [clucking] announcer: separate raw meats from other foods by using different cutting boards. 3,000 americans will die from food poisoning this year. keep your family safer. check your steps at foodsafety.gov. new capzasin quick relief gel. (announcer) starts working on contact and at the nerve level. to block pain for hours. new capzasin, takes the pain out of arthritis. i want authority. i want conviction. >> dennis? >> yes. >> no, no, no. >> you look magnificent. >> scenes from the "iron lady" the new film about the life of the former british prime minister margaret thatcher. certainly the former leader wasn't called the iron lady for nothing, was she? >> interesting. it was the soviet media who originally call her that. they had good reason to do so. internally and externally, actually. mrs. thatcher had a well-deserved reputation for being a stubborn and determined leader. she was intent on getting her way. her uncompromising style gave rise to the slightly sexist term, i think, handbaging. that refers to the way in which she carried a large handbag and perhaps more fittingly, she bludgeoned her political colleagues. she bludgeoned ronald reagan. i think they always got along pretty well. she was the first female prime minister having entered the male-dominated house of commons as an outsider, certainly within the conservative party. her origins were more humble than those of her colleagues on the conservative benches when she joined the members of the house of commons, she became a chemist, studied at oxford and became a barrister before entering politics, andrew. >> certainly a huge character. i remember growing up in australia and we watched margaret thatcher's antics and rise with interest. she was such a global figure. her controversial economic policies, though, are probably the ones that she'll be best remembered for in the u.s. under ronald reagan, deregulation and shifting the balance of power from workers to business, took the form of reaganomics it was known in the uk. similar policies, in part thatcherism. it is relevant today to supporters and critics alike. jim boulden has more. >> reporter: margaret thatcher swept into office in 1979 with the promise of transforming the british economy. a promise she most certainly fulfilled. >> where there is discord may we bring harmony. where there's error, may we bring truth. where there is doubt, may we bring faith and where there's despair, may we bring hope. >> reporter: in the 1970s, the country's economy suffered from energy shortages, massive strikes, rising inflation, three-day workweeks. her then right-hand man jeffrey howell, whose resignation in 1990 played a big part in her downfall still says she was the right person for the job. >> the time we were elected in 1979 recognized that britain was in the last chance saloon. everyone had tried other methods. we decided there was no alternative to tough medicine that had to be sustain for some time. and it was accepted because there was no alternative. >> reporter: that alternative became known as thatcherism. she cut the effective 98% tax rate for top earners to 40%. she made it harder for trade unions to call strikes. she unleashed the so-called big bang which deregulated london's financial markets, creating a financial powerhouse to rival new york. she also privatized many companies with names that start with british, from airways to petroleum to telecom. private enterprise and competition would create wealth. thatcher's opposite for much of her premiership was neil kennic who says she hurt the economy in one important way, widening the gap between rich and poor. >> she widened and deepened the inequalities of income. it increased four-fold. all its pensioners, never well off in the united kingdom, endured much more serious levels of near destitution and the records are there. the facts are there. i'm not making a political point on this. it's a matter of historic record. >> prime minister, the entire world salutes you. >> reporter: thatcherism was joined with reaganomics, the goal of cutting taxes and government spending. those spending along with deficits ro he's in the u.s. during reagan's time. what was thatcher's economic legacy to her supporters? >> the test of our success was when labor finally did come back into office in 1997, 18 years on, they didn't reverse any one of our policies. they've all been accepted as part of what was necessary to create a prosperous economy. >> reporter: that was, of course, before the recent economic crisis. and calls for some industries to be re-regulated. and perhaps a rethink on how thatcherism impacted the british economy. jim boulden, cnn, london. >> britain is certainly going to be in focus in the year 2012 because it is an olympic year, it's being hosted in london. as you'd expect there's plenty of memorabilia for sale. you can buy, would you believe, a five-pound coin for 2,880 pounds. these are not legal tender but you can buy the coin. it will cost now $4,500, that's $22 2,800. plus you'll have to pay shipping on that. all these events are celebrated on coins. one i particularly want to show you, commemorating the games, is this. this is a 50 p coin, a football coin. you might expect it to have a football or a player. but this one features, would you believe, a simplified sketch explaining the much discussed offside rule. which remains one of football's great mysteries to many explained on the back of a 50 p coin. offside is when your attacker is in front of your defender and the ball's coming along, in case you needed that explained to you. what a bizarre thing to put on a coin to celebrate the olympic games. that's it for this edition of "world business today." thanks for joining us. i'm andrew stevens in hong kong. >> i'm charles hodson in london. see you later.
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