governor, the new prime minister will have to call early elections and implementing the debt deal. michael jackson s doctor is scheduled to be sentenced november 29th now that he s been convicted of involuntary manslaughter. dr. murray showed no emotion when he was taken into custody. murray could be sentenced up to four years in prison. an asteroid bigger than four football fields wide will whiz by earth today. don t worry about it. astronomers don t expect it to hit us. it s the closest it s come to earth in 30 years. if you want to catch a dplims of it with a telescope, the best time is 9:00 p.m. gmt. world business today starts now. good morning from cnn london. i m charles hodson. this is world business today. our top stories on tuesday, november 8th. electronics maker olympus admits to hiding investment losses. greece is close to naming a new prime minister. have investors lost confidence. editor in chief says it s not just about hem lines anymore. the futur
two-faced. dominique strauss-kahn wants a u.s. judge to dismiss a lawsuit against him linked to a sexual assault case. the criminal charges were dropped but the accusers filed a civil case. the former imf chief claims he has diplomatic immunity when the case was filed. i m zain verjee in world business today starts next. good morning from cnn london. i m charles hodson. this is world business today. the top stories this tuesday, september 27th. at home and abroad, greek transit workers stage another strike as prime minister prepares to meet in berlin. delhi s plan to redraw the poverty line cause a political firestorm in india. a sticky situation for employers in france. workers throw out their to-do lists and find a new use for the humble post-it note. meanwhile, though, let s get straight to the stock markets in europe which are again posting strong gains in the early trade on tuesday. stocks in london, frankfort, in madrid, actually and in rome milan rather opene
libyan rebels say if gadhafi s relatives are not returned, it will be aggression against the people. turkish president says his government lost its confidence in damascus. the two countries had a close political and economic relationship. he says syria s crackdown changed that. the remnants of hurricane irene are in canada where hundreds of thousands are without power. across the border in the u.s., irene s caused damaging floods across several states. 27 deaths are blamed on the storm. japan s parliament selected yoke schick ohno da as the new prime minister. know da will take up the post after being endorsed by the emperor. that s expected to happen wednesday much those are the headlines from cnn. the world news leader. world business today starts now. good morning. i m charles hodson from london. good afternoon from cnn hong kong, i m andrew stevens. welcome to world business today. the top stories this tuesday, the 30th of august. the new prime minister-elect of jap
ahead to shake up the republican presidential race. perry, a social and fiscal conservative and evangelical christian, is widely expected to jump in tomorrow. now, he was not wrong the eight republican candidates who debated in iowa last night. former minnesota governor tim pawlenty tried to break out of the pack. he repeatedly zinged fellow minnesotan michele bachmann. she s fighting for these things. she fought for less government spending. we got a lot more. she led the effort against obamacare. we got obamacare. she led the effort against t.a.r.p. we got t.a.r.p. it s her record of results we re woired about. if that s your record, please stop because you re killing us. well, bachmann shot back, accusing pawlenty of abandoning conservative principles, republican candidates are going to compete tomorrow in an iowa presidential straw poll. it s an informal nonbinding survey open to voters who pay a fee. military operations are reported on the outskirts of syria s capi
shopping sprees, but are still out there spending and that s good. the dow fell to the lowest level in 30 years, but we are not seeing the wild swings we saw all week. the dow closed down 600 on monday and up 400 on tuesday and down 500 points on wednesday and up 400 yesterday, and it was the first time in the dow s history we have seen closing numbers like this. drew? you could probably measure the heartbeat of traders the same way, up and down. tell us what happened in europe? they are trying to prevent the wild up and down swings. what they are doing is they are putting a temporary ban on short selling. what short selling is is when investors bet that a stock will go down in its price, and europe s version of our securities and exchange commission, it put a temporary ban for 15 days on several european countries, including france, italy, spain, and belgium to put a ban on this practice to stabilize the markets after we have seen the extreme moves over the past week, an