here we go. it s the first full day of jury deliberations in the jerry sandusky day. i do mean full. 48 counts that they are considering. and that is not counting the bombshell claim from one of sandusky s own sons. and in philadelphia, the 13th day of deliberations in the 13th week of a sex abuse trial of two people belonging to the catholic church. priests, one an alleged monster, the other an alleged enabler. and we are also in orlando where hispanic voters are about to hear from marco rubio and then later president obama. you re going to hear from them, too, right here in the cnn newsroom. let s begin this hour with the upside of the downgrade. yes, you heard it. new york markets aren t crying over it too badly in the world s bank and they are suffering. the dow is up after one blistering day when the dow dropped about 250 points. overseas it s a bit of a different story, though. big selloffs in europe, selloffs in asia. down, down, down. look at all of those arrows. he
surging along with his poll numbers, i understand. tell me more about that. that s right, they raised a million dollars in 24 hours after those iowa caucuses and he is fighting hard for votes here in new hampshire. you know, the conventional wisdom was, kyra, that he would spend more time in south carolina because that s where a lot of social conservatives are, not so much up here in new hampshire. but keep in mind, rick santorum has a rust belt republican approach to how he wants to go after votes here in this new hampshire primary. he s talking about giving tax breaks to the manufacturing industry to get them to have a rebound. he s also talking about tax breaks for middle class families, so, all of that really aimed at those sort of factory workers and lunch bucket republicans who work in a lot of these towns here in new hampshire. at a town hall event earlier this morning, he was talking about what the difference is between iowa and new hampshire and how he feels he sho
matter, penn state university. i m wolf blitzer, you re in the situation room. but first, a stunning new shift in the republican race for the presidency. our new polls shows gingrich gained 14 points since october. that puts him in a virtual tie for the lead with mitt romney. herm yan can dropped 11 points. that puts him in a battle for third place right now with rick perry. ron paul and michele bachmann follow with jon huntsman and rick santorum rounding out the field. herman cain s plunge comes as he struggled with allegations of sexual harassment going back pour than a decade. now herman cain s wife is speaking out, but she isn t the only one. cnn s joe john says tracking the latest developments for us. and there have been many joe, what s the late snef. with herman cain losing status in the polls, the latest person to talk about the sexual harassment controversy happens to be a man. it is a case in the court of public opinion where proof, illusive. herman cain says
member of the dog pound coming up next. but here s the top of the hour. what would you say if you had just 20 minutes to defend your life? that is the question of american student amanda knox and she will have to answer that question because tomorrow she s on. she takes the stand in her own defense with her freedom hanging in the balance. cnn s senior international correspondent matthew chance has been watching this appeal trial for us from perugia and matthew, i said there people here appeal and take the stand to defend yourself, this is not going to go like a normal case in the united states where someone takes the stand and they re going to be asked questions. no. they call it the pleas of innocence here. both amanda knox and her co-accused accused and convicted already of course of murdering meredith kercher in 2007 will get about 15 minutes each. it s not been confirmed that rafaela will make a speech but definitely amanda knox, tomorrow morning, is going to be sta
good morning. it is thursday, july 14th. this is your a.m. wakeup call. here s break is news. we just learned that british police have made an arrest in that scandalous phone hacking case that brought down that is bringing down parts of rupert murdoch s news empire. i ll get you more on that in just a moment. i wish i could say there s big news about the debt ceiling talks. i can t tell you that. there s more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn t go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don t call my bluff, eric. and then he walked out a few minutes later. president obama said all along he d veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to that de