transgender people. to business, the probe into the british bank libor scandal is widening. new york s attorney general has subpoenaed some of the biggest banks in the world over their role in an alleged rate-fixing scandal. cn cnbc s or yell morrison is live in london this morning. thank you so much for that. some of these names that you re probably recognize, there are seven banks that we re hearing has now been subpoenaed. jpmorgan chase, deutsch bank, ubs, citigroup and hsbc. what we re hearing is they re looking to evidence of collusion with barclays which has been fined around $450 million on the back of this scandal. we re hearing that they are looking for evidence, so in essence they can criminally prosecute standard chartered shares. down by .75%. the bank is looking for a
numbers that we were hoping to see and hopefully will continue. so new jobless claims plunged to 352,000 last week. that s a huge drop. down by 50,000. this demonstrates there are fewer layoffs. however, jobless claims can be a little volatile. for example, we saw claims jump a few weeks ago because of the temporary holiday workers that were laid off. and also the prior week was revised a little bit higher, not much. just by about 3,000. it did go above 400,000. we need to stay below that in order to associate that with actual job creation. today s report is good news. we need to see it continue in the long term. all right. felecia, thanks so much. let s get to politics now. we begin in iowa. yes, iowa. just when you thought it was a done deal. well, the des moines register is reporting the iowa caucuses were a virtual tie, that rick santorum actually ended up with a 34 vote advantage and that romney did not win. so now we re being told that in about 15 minutes we re goin
putting their hands in their pockets. sales stalling after .4% last month. the aussie dollar is weakening today. japan was closed for holiday. in india, down by .5%. that s after the government revised its growth forecast for the year. down the second time in two months that india has actually revised its growth forecast down. the prime minister says he now expects gdp to grow around 7% to the end of the year. that s down from 8 point 5% from last year. it s also more than the 7.5 percent the government forecasted, mr. sing admitted that india is going through, quote, difficult times. high interest rates. a policy malaise in the parliament. very difficult for the government to get anything through. also the government facing a series of corruption allegations as well.
man has been sentenced to death. the country s court has found him guilty of working for an enemy country, meaning the united states, and spying for the cia. ven ne swale len president chaff vez mahmoud ahmadinejad is going to cuba, ecuador and nicaragua. he s hoping to shore shore up support. an american pop star surprised her fans when she announced her pregnancy to the world during the mtv video awards back in august. beyonce and her husband, jay-z, welcomed their baby girl into the world in new york on saturday. her name is blue ivy carter. the official announcement has not been made yet, but their industry friends tweeted their friends. those are the top stories from cnn. world business today starts now. welcome to new week of world business today. i m nina dell santos. i m andrew. in hong kong the top stories this monday, january the 9th. zbroo europe takes center stage on the markets as we have another big week for the struggling currency. new zealand t
stop. and let s be fair. he s delivered some of his drain the swamp pledges, like cracking down on the resolving door between government and lobbying. and michael cohen s peddling didn t work. the trump administration took at&t to court to block the merger. but the sight of a trump insider running around trying to help big corporations is an insult to every trump voter. just today the wall street journal is reporting that michael cohen pushed his swampy service to ford as well. donald trump was elected to be the voice for the voiceless, to help the forgotten men and women of america, not to help big business get its way in washington. what part of drain the swamp did michael cohen not understand. pointing this out is not being disloyal to the president. it s michael cohen who has let the president down by e embarrassing him and undermining one of his most important