Indonesias political race. But some say its too early to call. 7 billion in the works for citigroup. Investigator look at paying out for mixed mortgages. Coming up on todays show, croatia plays the game of tourism and looks to cash in on the huge success of the series game of thrones. And brazils football coach luis ferarri describes it as the worst day of his life after the National Team suffers an embarrassing 70 defeat. We bring you all the action from brazil. And the u. S. Retailer the Container Store misses that america is now in the midst of a retail funk. Find out what he has to say about shoppers habits later. Sharp losses for the markets in europe, yesterdays trading saw the index in particular down at a sevenmonth low. Were currently switching between making gains and loogz them. The stoxx 600 down 0. 1 right now. Weve now taken out all the years gains, so relatively in change for that. The german dax relatively unchanged today. A bit of movement going on in the italian marke
slowing to a three-year low in the latest quarter, expanding by 7.6%. government stimulus apparently couldn t offset weaker exports and consumer spending. and in europe, moody s downgrading italy s government bond rating by two notches to baa-2. we ll have an analyst from london with more details including elements of another key debt auction. first, mandy is going to bring us up to speed on some of the new twists in that libor scandal. good morning, everybody. treasury secretary tim geithner pressed the bank of england in june 2008 to make changes in the way that libor was set. at the time geithner was the head of the new york fed. he sent a private e-mail to irvin king recommending six ways to enhance the credibility of the key interest rate benchmark. among the ideas, reporting borrowing costs for the calculation of libor to attest to the accuracy of their rates. in other news, 12 global banks that have been publicly linked to the libor scandal face as much as $22 bi
herman cain suspends his campaign as only he can. let me leave you with this. i believe these words came from the pokemon movie. don t worry. donations are still accepted. we begin with bromance in the air for the gop s new darling of the month, mr. newt gingrich. a short time ago the king of bling arrived at trump tower to kiss the ring of the donald. just down the road in newt s favorite jewel store, tiffany. gingrich arrived in new york as the first candidate to sign on for trump s debate on december 27th. there s some concern about whether the venue will have enough space for just these two egos. it s amazing how well he s doing and how it s really resonated with so many people. tondonald trump is a great showman and dpraet businea grea. he s a genuine american icon in his own right. why wouldn t you want to come and hank out with mihm? in dween the love fest they found time to work on a self-promoting effort to help new york city s poorest children. from th
don t worry. donations are still accepted. we begin with bromance in the air for the gop s new darling of the month, mr. newt gingrich. a short time ago the king of bling arrived at trump tower to kiss the ring of the donald. just down the road in newt s favorite jewel store, tiffany. gingrich arrived in new york as the first candidate to sign on for trump s debate on december 27th. there s some concern about whether the venue will have enough space for just these two egos. it s amazing how well he s doing and how it s really resonated with so many people. tondonald trump is a great showman and dpraet businea grea. he s a genuine american icon in his own right. why wouldn t you want to come and hank out with mihm? in dween the love fest they found time to work on a self-promoting effort to help new york city s poorest children. from the knld of child labor, a new program. ten lucky children could find themselves tapped to join the young janitors of america mentored