confirmed that it got will back $8 billion. they also say it s retaliation for pakistan s expulsion of u.s. military advisers. we re going to be getting an update on debt ceiling negotiations in the u.s. when president barack obama holds a news conference in just a few hours. he plans to meet with the republican and democratic leaders again on monday to try to come up with a deficit reduction deal. those are the headlines. this is cnn in london. world business today starts right now. hello, welcome to world business today. i m charles hodson in london. and i m paula chu in hong kong. news of the world is climbing the corporate ladder with reports that rebeba brooks is set to speak to police. companies and consumers cry foul as australia s prime minister imposes a tax on the country s worst polluters. they re trying to keep greece on tack. their grossing fears of the debt contagion is affecting italy. before all of that, let s take you to the stock markets an