good afternoon from cnn hong kong. i m andrew stevens. and good morning from london. i m felicia taylor. it was a long time coming, but european leaders filly got there. shortly before 4:00 a.m. in brussels the announcement we d all been waiting for. european leaders struck a deal on the eurozone debt crisis. here are the key points. the agreement includes a compromise with private investors. holders of greek bonds have greed take a 50% write down on the value of those assets. also the effective strength of the bailout fund will be boosted to about a trillion euros. but european banks will be told to brace for further turmoil. the banks zill to increase their capital reserves to 9% to protect themselves against potential losses following those write downs or defaults that possibly could occur further down the line. at a press conference in the early hours of the morning in brussels, the european council president emphasized the need for tighter fiscal discipline within th
the former libyan leader was buried at a secret location in the desert. a handful of supporters paid their respects. in tunisia, a moderate party has won the country s first free election. the country s once banned party has begun coalition talks, but the results have some worried that the rise of a religious party might endanger civil rights especially for women. and now officials say they ll reach out to secular political parties to form a broad-based moderate coalition. the thai government is in crisis mode as floodwaters push further into bangkok. they shut down the city s second airport on tuesday. waters ep croced onto runways making takeoffs and landings impossible. the airport s been doubling as a shelter and headquarters for flood relief operations. those are the headlines from cnn, the world s news leader. i m zain verjee, and world business today starts now. it s the day investors have been waiting for. they meet in brussels to hash out a complex plan to hash
explosions in kenya that killed 1 and wounded 20 others. the blasts come two days after the u.s. embassy in kenya warned it had credible information of an imminent terrorist attack. a bright moment in turkey. a young boy was among a handful of people found alive in the rubble after sunday s devastating earthquake but the country s disaster and emergency administration has just raised the death toll to 366. the defense is set to call more witnesses tuesday in the manslaughter trial of michael jackson s doctor, conrad murray. its first witness was another physician who said jackson asked him for intravenous sleep medication two months before he died. murray is accused of inadvert t inadvertently causing jackson s death. i m monita rajpal. world business today starts right now. good morning from cnn london i m charles hodson. this is world business today. our top stories on tuesday, october the 25th, bp profits jump in the third quarter. their ceo says the company has turn