fighting remains intense in both towns. jurors should hear from a second girlfriend of dr. conrad murray tuesday as prosecutors argue that the physician is sponge for michael jackson s death. the first of three girlfriends testified on monday along with emergency room doctors who treated jackson the day he died. both er doctors said murray never mentioned that jackson was taking propofol. those are the headlines from cnn. world business today starts now. i m zain verjee. good morning from cnn london. i m nina dos santos. hello. from cnn hong kong i m andrew stevens. you re watching world business today. tuesday, october 4th. stocks are falling. global investors just can t shake off the gloom. analysis from the trieding florida in london. mod daryn slavery in c cambod cambodia. detainers like this then we feel if we are a prisoner. can you unlock the front door? the first in a series of ex-clous save cnn freedom project reports coming up throughout the course
while raising the debt by 274 trillion. reid s plan would not include tax increases which republicans refuse to consider nor would it touch entitlements. my colleague, dan lothian is watching it all from his post at the white house. dan, what is the president s position first on raising the debt in installments? reporter: he want it is to go through 2012 and there is a sense at the white house and treasury department in particular even if you had some sort of short-term fix that raises the debt ceiling through the rest of this year, that it still may not be enough to cam the jilters of the financial markets, still may not be enough to security aaa credit rating that the u.s. currently has. tt markets, still may not be enough to security aaa credit rating that the u.s. currently has. that is the first concern. secondly, it has been so difficult to get a deal now the white house points out how much more difficult will this be to get it do for 2012 when you are in the midst of
expected to roll out a plan to cut spending by $2.7 trillion while raising the debt by 274 trillion. reid s plan would not include tax increases which republicans refuse to consider nor would it touch entitlements. my colleague, dan lothian is watching it all from his post at the white house. dan, what is the president s position first on raising the debt in installments? reporter: he want it is to go through 2012 and there is a sense at the white house and treasury department in particular even if you had some sort of short-term fix that raises the debt ceiling through the rest of this year, that it still may not be enough to cam the jilters of the financial markets, still may not be enough to security aaa credit rating that the u.s. currently has. tt markets, still may not be enough to security aaa credit rating that the u.s. currently has. that is the first concern. secondly, it has been so difficult to get a deal now the white house points out how much more difficult wi