as search and rescue attempts continue, the focus moves 0en to who is to blame for the sinking of a giant ocean liner off the italian coast. and we ll tell you which production houses is big at the golden globes and what these awards tell us about the upcoming oscar ceremonies. first up, though, if the new year promised a new europe, well, some people could be disappointed. standard & poors last week had other ideas completely. to nobody s great surprise, this particular influential company decided to downgrade the credit scores of nine countries across the euro zone on friday. these particular downgrades apply to a large swath of central and southern europe. it is this country in the center here, france, that is commanding all the headlines today. this after france lost its treasured aaa rating. that in turn, some economists say could undermine the a aa rating of the total esfs. one country as well that s hitting the headlines, one country that will ill afford any more b
it. police in norway will interview anders breivik today. he s in solitary confinement in a prison near oslo. meanwhile police have called off the search for more victims of the shooting rampage on utoya island. 68 people were killed. a formal inquiry into britain s phone-hacking scandals began in london. a woman who worked with the now depuck news of the world tabloid after her daughter s murder now says her phone was hacked. sara payne had defended the tabloid, even writing the last edition, and calling it a force for good. there s been some break for the rain-soaked korean peninsula, and the clean-up is under way. huge tract ts of farmland are flooded in northee kra and about half a meet over rain poured down on the south korean capital in just 48 hours. at least 51 people died in floods and mud slides. those are the headlines. i m zain verjee, and world business today starts now. captions by vitac www.vitac.com a very good morning to you. from cnn london, i