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Detailed text transcripts for TV channel - CNN - 20110526:08:46:00

and you can see that over well, you can see that right here. it looks like we re having a little bit of trouble. here we go, hydropower supplies, 22% of china s electricity. less hydropower means more demand for other energy resources like coal. china gets about 70% of its power from coal. ubs estimates the country may import 1 million more tons of coal each week. that is to compensate for the loss of hydropower. coal is the dirtiest of all fossil fuels. s there an environmental impact from fossil fuel burning. we re seeing a huge financial domino effect from this chronic drought. china has tried cloud seeding but that hasn t produced more than a few sprunchs so far. it will be tough if the drought continues. ramy, thanks very much for that. nina? ramy and andrew, all this week we ve been talking about china s growing influence in africa. we started out by telling you about the situation in sim bzim.

Transcripts For CNNW World Business Today 20110526

in syria. these rikts are set to show demonstrations in dara last friday. although cnn cannot verify when the video was shot. an estimated 1,500 people are unaccounted for in joplin,h. nearly 100 volunteers are working to reunite family and determine who s really missing. the volcanic eruption in iceland that s disrupted air traffic in europe is finally ending. the ash cloud thrown up from the volcano is drifting east and dissipating and most of the airports closed are re-opening. those are the headlines. i m zain vergee, world business today starts now. good morning, from cnn london and welcome to world business today. i m nina dos santos. and good afternoon from cnn hong kong, rhyme andrew stephens. the top stories this thursday, may 2 th. sony s bad run continues. it s now forecasting a profitable year ahead. even that outlook fails to impress. dominique strauss-kahn is now under house arrest at this luxury new york townhouse. i m a leader by temper and att

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