there may be some reasons to be cheerful about the u.s. markets in 2012. survey of cnn money, this is how much investment strategists and money managers expect the s&p to rise over the year. 7%. if they re right, i suspect they won t see them breaking out the bubbly. but it might mean the worst is over. the analysts did say the volatility that we ve seen over the course of the past 12 months is likely to continue. this is how the s&p ended up 2011. down just a fraction, little over 1%. after wild springs, though. saw it down almost 14% in october from where it began the year. it did come back as you see down by 1%. certainly huge amount of volatility in the u.s. markets. charles? yeah. bp meanwhile is hoping to make halliburton pay all of the costs and damages incurred as a result of 2010 gulf of mexico oil spill. bp spent about $14 billion on
the government of south sue dan gained control of a remote village that was attacked over the weekend. some 4,000 army and police reinforcements have reportedly been sent to aville raj. they re fighting over grazing land. the u.s. republican party presidential race is about to get ready over iowa. candidates have been campaigning for weeks and tuesday night voters will take part in what is being called caucuses. they are a few hundred in formal get-togethers where people take the candidate they want to face president barack obama in november s general election. those are the top stories from cnn, the world s news leader. much more coming up on the iowa caucuses just ahead. world business today starts right now. good morning from cnn london. i m charles hodson. a very good afternoon from cnn hong kong, i m andrew stevens and welcome to the first edition of world business today of 2012. this is tuesday, january 3rd. it is a new year. but one report already suggests busine
he s also ordering lawmakers not to try to undue budget cuts that come as a result of the committee s failure. western powers are stepping up sanctions against iran after fears the country may be working on a nuclear weapons program. canada is banning all financial transactions. britain has ordered all financial institutions to stop doing business with iranian banks. the moderate father of a murdered british teen testified monday. they testified of phone hacking by the news of the world gave false hope she was alive. outrage over the scandal forced the closure of the tabloid in july. those are the headlines from cnn. world business today starts now. it s 9:00 a.m. here in london. i m nina dos santos. and it s 5:00 p.m. in hong kong. i m andrew stevens. you re watching world business today . these are our top stories today tuesday, november 22nd. no deal on debt reduction. the super committee proves it s anything but. tear gases and tensions in south korea. a
which political story will make headlines in the next 24 hours. managing editor joins us. you have to pause and say what extraordinary courage. she is committed to her political career and they love her in arizona and she is working so hard to get back to washington. no question. as a quick transition and i want to make sure people know today and tomorrow president obama lands in australia. this is the third time he attempted to go there. he put it off for the health care vote and put it off for the gulf of mexico oil spill. he is finally touching down in the land down under today or tomorrow depending on where you stand in the time change. just taking off now from hawaii and nine or ten hours later he will number australia. thanks so much. down under indeed. that does it for us. my colleague as a look at news nation. what an fbi profiler has to
government has committed crimes against humanity. it s not clear when they will come to a vote. one year after a compensation plan in the gulf of mexico oil spill, the process has largely succeeded. feinberg says he s optimistic about the program. payments will be made this year. he s come under fire from gulf coast lawmakers and others saying he s not moved quickly enough to compensate victims of the spill. bp argues that the claims are overly generous. a spokesperson says amy whinehouse had no illegal drugs in her system when she died. alcohol was present in her body. the cause of her death remains unclear. the results are surprising.