reporting that the materials used in the bombs that went off on tuesday are similar to those that went off in attacks against diplomat diploma diplomats. bangkok says an iranian man threw grenades as he tried to flee only injuring themselves. he is facing criminal charges. the iranian government denies any link to the bombings. china s presumptive leader in waiting says he wants the u.s. and china to work together to find a better trade balance. xi jinping met with president obama in washington. he is expected to succeed hu jintao as china s president next year. world business today starts right now. good morning from cnn london. welcome to world business today. greece gets a slap on the wrist. the government still hasn t done enough to qualify for a new multibillion dollar bailout. the debt crisis dampens s europe s largest economy, germany. france is still expected to grow in the fourth quarter. and why twitter won t be going towards an ipo. supposing you re not
cost of spending cuts elsewhere. and blame democrats even before failure of the committee. if democrats continue to refuse to negotiate in good faith, republicans may schedule this measure for house consideration later this week, house republican leadership said in a statement. senate majority leader harry reid is also threatening to put a senate democratic plan on the floor this week, moving without republican support. this means both the house and the senate, democrats and republicans, all have a backup plan. what they don t have, though, is a deal that can pass. both parties will meet today. they hope to broker a deal by the end of the week. rob and paula? thank you, sunlen. another mess in the works. well, greece is recovering from violence that surrounded the adoption of a drastic new austerity plan even far from the capital. new amateur video from that day and night of rage shows a branch of the one of the country s largest banks on fire. it all took place in a city north o
and you know, we are witnessing a massacre. cnn is now inside syria. our arwa damon is there. she is taking shelter in a safe house and she is saying the country is headed toward a full-blown war. that s what the folks that are living there are thinking is going to happen. and on the election front, some trouble on home surf for mitt romney. he s from michigan and seems to be losing it at this point. in the meantime, his super pac is funneling a ton of money into that state, but is it going to the right place? associatiso, parents out th would you feel if your child was forced to pay for something like not looking a teacher in the key? chicago charter schools are under fire this morning for fining children, many from low-income homes, for that and many other things as well. one minute after the top of the hour. exclusive details into cnn about whitney houston s funeral plans, how her family s coping with her death at this time, all at the same time that her body was flo
he was dubbed osama bin laden s right-hand man in europe and had been in jail since 2005. the european court on human rights stopped britain from deporting him to his native jordan because of concerns he would be tortured. a british judge says unless the government manages to deport him in the next three months, the bail conditions may be lifted. whitney houston s body has been flown to new jersey on a private jet for a funeral service later this week. a gold hearst believed to be carrying her body left teterboro airport amid type security. police say she was found under water in her hotel room on saturday. there were prescription drug bottles found in the room but no evidence of foul play. those are the headlines. i m monita rajpal. world business today starts right now. good morning, from cnn london, i m nina dos santos. welcome to world business today. these are the top stories on tuesday, february 14th. china s status as an economic power house is front and center t
own taxes. this morning european leaders have insisted that the leaders of greece s two large political parties agree that no matter what happens with elections in the future, greece will stick with the austerity plan. in other words you can have an election and the people may vote otherwise but you ve got to stick with austerity. that means greece is no longer able to take its own decisions about its own money, taxes and spending. it has lost its independence. martha: it s incredible. it is awful for greece. yes. martha: the big question everybody thinks of what does it mean for us? are we patterned after some structure that could lead us down this road and other nations throughout europe as well? we re a long way from there but i would agree we re moving in that direction, uncontrol ab, unpayable debt stretching out for years in the future. i don t know about street demonstrations in the united states but our financial situation looks an awful lot similar to many european