reporter: good morning, soledad, negotiations under way in the parliament building behind me here in athens to try to forge some type of coalition. the party that won the election yesterday, new democracy led by samaras, didn t get an absolute majority, only got 129 seats and needs 151 in the parliament to have a majority. so negotiations are continuing. he s got three days to try to bring together some of the other parties as well into a coalition. it s going to get greece out of this political and economic stalemate. the big point from the u.s. point of view and global point of view, samaras, the new democracy, supports the aus t austerity measured imposed on greece and not going to turn its back on its financial commitments and will for the most continue in the european single currency. big sigh of relief because of that. very big deadlines looming. matthew, thank you very much. still ahead, i ll talk to ken rogoff, the former head of the international monetary fund.
of explosions that rocked the capital. some of them were so powerful that our location actually shook. these explosions were suicide bombings, roadside bombs and car bombs. they were targeting busy intersections, marketplaces, one of them exploding in front of the integrity commission located in the heart of the capital. another explosion taking place very close to a school, just as children were arriving. these attacks taking place in a two-hour time frame from 7:00 a.m. to 9:00 a.m. exactly when the streets would have been at their busiest. people right now absolutely terrified. many of them fearing the situation is potentially going to worsen. we just spoke with the minister of finance who said that the current political crisis lends itself to these types of attacks in the sense that the extremists in society that are going to be carrying out violence look to the political chaos, the government disintegrating and they will continue to carry out acts of violence because the
greece passes next year s budget. it is packed with tax increases and spending cuts which are required to secure bailout funds. the budget cuts, the deficit pushes the deficit to 5.24 gdp, down from 9%. ahead of the u.s. 2012 election campaign, u.s. president barack obama says the middle class needs to step up to the plate. he called for more taxes on the wealthy. those are the top stories from cnn, i m monita rajpal. world business today starts right now. hello and welcome to your wednesday edition of world business today. i m andrew stevens in hong kong. i m nina dos santos in london. these are the top stories today. adding more fire power to the bailout fund. anticipation builds for lasting in europe ahead of the crucial summit. india shelves plans to open up its supermarket sector. and the immaculate rejection, ebay auction for a date with the virgin mary. this very wednesday word is out that they re ready to use all they can to add to their arsenal in
behind me which is the most fortified entrance into dale farm is still currently at an impasse. we understand it s because some residents have chained themselves on the inside of that gate. last time when there was threat of an eviction, there had been concern that some of the residents had chained themselves by the neck to the gate, which is one of the reaps that police are trying to move very slowly here, monita. council said they wanted this eviction to be as safe and dignified as possible. we re past the point of dignified where already we ve been seeing these altercations, but safe is still something they re hoping can be brought about here. nima, thank you very much. well, there s been a deadly attack today in southeastern turkey. authorities say kurdish guerrillas struck security forces and military sites in hakkari province that borders iraq. reports say guerrillas fired rockets and opened fire with automatic rifles. cnn turk is reporting at least 24 people have b
rejecting an expansion of the european bailout fund in a first of two votes. they are the last of 17 eu nations that has to improve it. it is expected to pass on the second vote. meanwhile, eurozone inspectors gave tepid approval for another round of aid for greece in november, despite the fact that it has already missed strict deficit targets. and alcoa here in the united states kicking off the earnings season with solid revenue, but weaker than expected profits. shares are moving lower in after-hours trade. dollar says it will continue on as a stand-alone firm. that s it from cnbc. we re first in business worldwide. now back over to hardball. today the senate of the united states has a chance to do