time is of the essence. that is the tough from greece for greece from the german chancellor. angela merkel has warned that unless athens does more to rein in its debt, there will be no additional bailouts. it appears that hard line has already had an effect. the coalition government of greece has agreed to cut 15,000 more public-sector positions. the announcement came after merkel was in paris for talks with nicolas sarkozy. the two leaders have been working closely for months to prevent a greek the fault. a guard of honor for a special guest at the palace. this year s franco-german cabinet meeting has been overshadowed by the euro debt crisis. aside from dealing with a single currency troubles, president sarkozy is hoping that chancellor merkel s visit will give his reelection campaign a boost. both leaders are to be interviewed later on monday on television. with just three months to go before voters make their choices, s has been criticized for using the crisis
as the polls are set to open but newt gingrich says he won t give up without a fight. something different this morning. there s not the snowy backdrop, the slight chill on the back of my neck. it s warm for a start, christine. that feels a little different. yeah, welcome back, ross. we missed you. i was looking forward to the hat you were wearing at davos. i didn t see any. i m disappointed. a little bit. i don t think that works in the studio, does it? a fedora. you were wearing a fed 0ora? yeah. okay. take a look at the equity picture here in asia. a little bit of green, red, a mixed picture. a bit of caution going on as people wait for more conclusion about what will happen in greece, of course. we have the pmi data tomorrow. that s keeping trade cautious. take a look at the shanghai market up 0.3%. gains were up the upside was capped because of profit warnings from some companies. the hang seng pushed higher 1.4% mostly on bargain hunting. the 225 up 0.1%.
pythons? i did. did you read that story yet in the journal ? i did not. so many pythons have been released, pets, that there are no medium size d animals in the everglades anymore. when he says medium sized he s talking about bobcats, possums. in some areas the population is down 99% because of all these pythons. can you imagine? this is like a movie. they re going to start eating little kids next. let s hope not. so many have been released in the everglades but giant 16-foot-long pythons just slinking around what happened? you re nervous. i m nervous around you with all these pythons. that s why i warned florida voters on their way to the polls got to watch the pythons. we have a busy morning in earnings. you see tyco and mattel just crossing the wire. set to report quarterly results before the bell this morning include exxon mobil, pfizer, u.p.s., archer daniels and eli lilly. oil giant exxon expected to boast earnings of $1.96 a share, higher o
spinning today. deals involving can companies in the u.s., europe and asia are now on the books or in the works. bye-bye bonus. steven hester kisses a $1.5 million bonus good-bye in the face of political and public pressure. hello. you re watching worldwide exchange with christine tan and i m karen tso. hey, karen, good to have you with us. we have a spectacular guest host none other than of course jim rogers, ceo and chairman. any e-mails, you know where to send them, right, karen, this man sitting here waiting rearing to go i can tell. he has his cup of tea and i think maltese and chocolate a martini. couldn t tell. it s fantastic to have jim on the show. don t forget to send those e-mails. we will try to get to them. and let s take a look meantime at asian markets are christine. this is how the picture is looking in terms of the outlook. looking pretty negative today. while we re waiting for details coming up on the greek restructuring plan the eu summit
pitting germany s president against its biggest tabloid newspaper. did christian wulff tell the whole truth in a crucial tv interview last night? says no. but chris schauble has refused permission to do that. it set up a showdown that is just the latest stage in the scandal that threatens to engulf the president. christian walmart christian wulff rejected a request. he says it is a private matter. bild said publication is the only way to clear up a dispute over what the president said. in wednesday s tv interview, christian wulff maintain that the voicemail message was not an attempt to stop publication about the story of his home loan. i ask the the number to delay publication by one day so we connection the facts were right. but his critics are not convinced. judging from today s headlines, the president has not dispelled all doubts about his integrity. even though he made a heartfelt apology about his intent at intervention. calling the editor of the newspaper wa