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
for wednesday, december 7th. from the time warner center in new york, i m carol costello. here are this morning s top stories. a new accuser saying former penn state coach jerry sandusky sexually assaulted him when he was just 12 and gave him booze. these demonstrators attempting to take back the capital. they re staging sit-ins in front of congressional offices and camping out on the national mall. it s decision day for seniors. it s the last time you can change your medicare part d prescription drug plan. let s get a check of today s weather. rob marciano with a seat in atlanta. good morning. we re looking at an active weather pattern, topsy-turvy, that seems to be the theme of the early season winter that s been crazy so far. rain stretching into the northeast. the heaviest stuff is across the ohio river valley. look at memphis, arkansas, little rock included. seeing some accumulation snow overnight, even as far south as louisiana. that s what we re watching care
good morning. happy thanksgiving. this is the day you ve been waiting for. carol costello, thursday, november 24th. ali and christina have the day off. so glad you re with us. i have all of the fattening stuff laid out for me already here. it s already here. they ordered in thanksgiving dinner for us at 3:00 a.m. the turkey is crusty now. still edible. the stuffing is quite good actually. first up this morning, one thing we re very thankful for, our brave men and women in the military serving here and overseas. we have about 20,000 troops in iraq right now but the forces are flooding out as a december deadline for withdrawal approaches. thousan thousands sent to kuwait waiting to be reassigned or sent back home. happy thanksgiving, martin. reporter: good morning, carol. happy thanksgiving to you. it is a happy thanksgiving especially for those soldiers gathered here at camp virginia. let me tell you why. we re located about 20 kilometers south of the border with iraq.
commissioner is 177 demonstrators arrested, and 5 officers injured. but new york mayor michael bloomberg says that isn t the real story. so far the real story is there have been, i think it s fair to say, minimal disruptions to people and most protesters have, in all fairness, acted responsibly. as we said, it is coast to coast. in los angeles, about 300 protesters marched a half mile from city hall to the wells fargo center. crowds gathered in the streets of portland, oregon, threatening to occupy banks. here in washington, police escorted several hundred protesters through georgetown, and across the francis scott key bridge to virginia. but the action right now is new york city. cnn s amber lyon is there. what happens happening right now on the bridge? reporter: well, things are getting a little tense behind me. i apologize, candy. we have protesters in the middle of the road right now. that s why they re trying to get past me. a couple dozen of them sat down in the m
euro zone debt crisis if not the end of the crisis both in italy and greece, which we have all been looking at for a long time. new faces at the top. let s start off in italy, mario monty, a european commission man, he has been made a senator for life. it seems after a senate vote and a lower chamber vote, this weekend, we could see him replacing silvio berlusconi as the new prime minister of italy leaving a government of technocrats. a similar story over in greece. lucas pap lucas papademos, it is expected that his new government will be squorn in around noon. new characters, is it going to be the same old story? we seal if they stabilize the markets today. still ahead on way too early how great to have