that is an update with travel up in the sky as well as farther down towards earth. jen, thank you very much, indeed. jennifer delgado from the international weather center. quick look at the stock markets. last time i looked, a split decision. some up, some down. london ftse was up, but now taken a turn for the worst, off slightly. and the selling is accelerating there on the xetra dax. in the last 20 minutes or so. the dax off by .65%. so a bit of a turn around there, andrew. and the u.s. markets are closed today. you ve been watching world business today. thank you for joining us. world one is coming up in a moment. here s zain verjee. rising tensions and a rising death toll, more than 200 dead
world business today starts now. good morning from cnn london. a very good afternoon from cnn hong kong. welcome to world business today. the latest reading on inflation in china piles pressure on the central bank to keep raising interest rates. u.s. president barack obama warns it s time for america to live within its means as he lays out proposals to reduce his country s $14 trillion federal debt. and we examine the rising price we re all paying for basics like wheat. and the impact that s having on food aid to afghanistan. let s start by checking in on stock markets here in europe, open now for 62 minutes and here is whether they stand, if we can have a look at the numbers. just up slightly in the case of the london ftse, unabout a third of a percent for paris and zur,