from midfield. unbelievable. so that s at 15 minutes into the game. it s 4-o and it s over from there. so let s get to greece. the euro zone summit being called. they scramble to respond to the landslide defeat for an international bailout deal in greece. they jekted a proposal from creditors involving more austerity. now the debt ridden country is in unchartered territory. thousands celebrated as the greek prime minister praised voters for showing that democracy won t be blackmailed. he says the no vote will help him negotiate a better deal with creditors. but greeks across the country are lining up for ration cash withdrawals at atms. banks are still closed. the question is whether greece will issue its own currency and become first country to leave
german, but now, do you believe that? that is a proverbial middle finger to the central bankers of europe. we don t know what s going to happen. as milton freeman would say. let s get into the story a little bit. euro zone summit called for tomorrow as european leaders scramble to respond to the landslide defeat for a deal in greece. 61% rejected a proposal. now the debt ridden country is in unchartered territory. thousands celebrated outside parliament as althe president said the no vote will help negotiate a better deal with creditors. greeks across the country are lining up for ration cash withdraw withdraws at atms. will greece issue the own currency and be first country to leave the euro zone.
someone into the country. the group allegedly planned to forge travel documents for gadhafi and his family. saeed gadhafi s lawyers deny these allegations. it is the latest conviction under the kingdom s strict laws against defaming the highly revered monarchy. two child trafficking rings in china have been busted by police after a six-month investigation. 178 children were rescued in the nationwide operation and 608 people arrested. chinese police say it is the biggest achievement since the launch of a national campaign against human trafficking. those are the head liens from cnn. i m monita rajpal. world business today starts right now. hello from cnn hong kong, i m andrew stevens. i m nina dos santos at cnn london. this is world business today and these are the top stories. containing the debt crisis. will europe s central bank do its bit to stop another rate cut? there s a big difference between partners and being nude. an actress suing over what she says ar
final hour of trade. the dow jones industrial average up 46 points after falling almost 40 in the final 15 minutes, the s&p 500 adding two and the nasdaq fractionially lower. a pretty quiet day as investors wait on the key euro zone summit at end of the week. then, around 3:00 banks started moving higher and a report from nikkei that the imf was considering a $600 billion lending program for the eu, but the rally fizzled when our own steve liesman shot down that report with firm denials from the imf. meanwhile, investors zeroed in on u.s. airways as the beneficiary. american airlines beneficiary and jc ben is setting a 60% space and talbot s skyrocketed after a private equity firm offered a $212 million buyout. that s the latest. this is cnbc, first in business
ee electr electrocutions are mostly to blame for deaths. health officials say malaria could compound the disaster in the coming weeks. the floods are also taking a financial toll. finance ministry estimates the waters have caused $6 billion in damage. two pakistani cricketers have been found guilty of conspiracy to accept corrupt payments and conspiracy to cheat. the two players threw parts of last year s test match between england and pakistan. sentencing is wednesday. both players could spend up to seven years in prison. there may be new trouble at japan s crippled nuclear plant. tepco says it found signs that it may have started in a nuclear reactor. they re trying to prevent any reactions. those are the headlines from cnn, the world s news leader. world business today starts now. the greek cabinet endorses a referendum on the eu bailout sending investors into a tailspin. this wednesday, george papandreou faces a crucial vote in parliament. will the greek p.m. su