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Detailed text transcripts for TV channel - CNN - 20110407:09:25:00

strawberries and cream not at wimbledon it s a big deal. can t enjoy it otherwise. no beer at a football game. i m still enthralled with the coupon show coming out. you ll be watching. they were clipping coupons for the cheese, you know. exactly. i will talk about the masters in just a minute. i m here to give you the sports update. monita, you want to introduce me? everyone this is not what i meant. here he is with the sports. here he is with the sports. thank you very much, monita. let s start with the champions league. i ll start with a match that i had the pleasure of attending last night, the stanford bridge, chelsea lost to manchester united. having not won a stanford bridge in nine years, sir alex ferguson asked his team to get an away goal an they obliged. wayne rooney who will start

Detailed text transcripts for TV channel - CNN - 20110407:09:27:00

to specify, monita. i mentioned wayne rooney will start two-match suspension this weekend. he had his appeal rejected by the english football association after he had a very obscene celebration in the premiere league game against west ham this weekend. i want to talk about an event write guess gentlemenly activities should be adhered to. you re right. that would be the masters at august tanchs it tees off in less than two hour s time. we ve had the curtain razor to the tournament, the traditional par 3 contest. this is always a lighthearted affair in which the players get help from family and friends. andy roddick was caddieing for zach johnson. let s get to some of the veterans. jack nicklaus, arnold palmer and gary player, first out in the opening trio. it s become an annual tradition. one hole in one to tell you

Detailed text transcripts for TV channel - CNN - 20110407:09:39:00

back sirte and ras lanuf. zain, confidential documents show that moammar gadhafi has spent millions of dollars over the years to improve his public image. he payed the monitor group, a u.s. pr company $3 million a year to help craft his desired image as a statesman and performer. starting in 2006, think tank analysts and former government officials were given free trips to libya for meetings, discussions and personal meetings with gadhafi. it was aimed at modern idesing the libya economy, adding, quote, we were not working for gadhafi, we were working for libya. china has broken its silence on the disappearance of dissident artist wai. he s one of china s best known artist and he s helped to design the iconic birds nest stadium

Detailed text transcripts for TV channel - CNN - 20110407:09:04:00

for six months at an interest rate of 5.1%. they borrowed 455 million euros for a year at 5.9%. this is higher than ireland who borrowed at 5.8% interest. portugal have had no choice but to go for a bailout. it will be cheaper to repay the eu and the imf than it will to pay the market rates. this is scary seeing what s happening. this is like a domino effect. we ll touch base with you again later on in the show, emily. the financial markets debt worries could settle on spain. it has a much bigger economy than portugal. it also got a jobless rate of more than 20%. spain s economy minister is ruling out the risk of contagion. madrid will not be the next victim of the euro zone debt crisis. let s take a look at newspaper s views on this. in the uk, take a look at the

Detailed text transcripts for TV channel - CNN - 20110407:09:02:00

help. earlier in the day, had been forced to pay painfully high rates to borrow cash. portugal follows greece and the irish republic in seeking a bailout. the move didn t come as a surprise to financial markets. shares in lisbon are rising this moment. we re not seeing extreme moves up or down in other european stock markets. take a look at the currency markets, though, the euro is lower against the u.s. dollar. it s buying less than $1.43 looking at the deeper issues behind portugal s bailey. this was expected, no? monita, their economy simply hasn t grown for the last decade. their gdp contracted by 0.5%. compare that to germany, the power house, their gdp rose by 4% last year. you can see how little progress portugal has made. they re dealing with high

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