researchers believe you may be doing yourself more harm than good. it is tuesday, october 11th. this is your a.m. wake-up call. i m carol costello joining you live from new york. president obama s $447 billion jobs bill faces its first vote in the senate later today. in a warning to republican critics, the president s senior campaign strategist says that voting against the measure could cost them the election. next year in a member row release the by the obama campaign david axelrod wrote the more people know about the american jobs act, the more they want congress to pass the plan. axelrod also takes aim at critics of the bill s millionaires tax quoting while republicans claim it is class warfare, the american people are seeing right through their opposition to asking the wealthiest to do their part. some democrats have doubts and while they control the senate there is no guarantee the bill will get the 60 votes needed to clear tonight s procedural hurdle. the occupy
good morning to you. this is your am: wake up call. this is a crucial week for president obama. the senate is expected to vote tomorrow on bringing the measure up for debate. president obama has been pushing this bill ever since unveiling it about a month ago saying it s what is desperately needed for this country to put people back to work. among other things, the president s jobs plan would cut payroll taxes on workers and employers, extend unemployment benefits, and spend money on public works projects. of course, republicans oppose how to pay for this plan. what s concerning is he put ideas in this jobs bill that have already proven to fail. instead of trying to get compromise, he s embracing conflict. he s running around the country campaigning on a bill he knows won t pass. all right. you didn t hear what president obama said because we were having technical difficulty, but here it is. these independent economists say we could grow the economy as much as 2% and
gadhafi. they say they are on the verge of taking the port city of sirte. a spade of killings at a port on the mekong river has interrupted cargo trade between children that and thailand. at least 12 sailors were murdered in what may have been a drug traffic attempt. investigations are continuing. severe weather in new zealand is hampering efforts to corn taken an oil spill off the country s north eye land. authorities are trying to pump the remaining oil off a ship that struck a reef last wednesday. 30 tons of oil has leaked from the vessel. those are the headlines from cnn, the world s news leader. i m monita rajpal. world business today starts right now. good morning from cnn london, i m charles hod southern. and good afternoon from cnn hong kong, i m andrew stevens. welcome to world business today. the top stories monday, october 10th. bell jen bank agrees to its bailout. are more bank rescues on the way? and weather hampers efforts to contain an oil spill
she searched his bed roof after mistake. she said she found a saline bag in the room with a propofol bottle inside. prince harry or captain harry wales as he s known in the british military is bound for the united states. he ll soon begin helicopter gun ship training at bases in california and arizona. those are the headlines from cnn the world s news leader. i m monita rajpal, world business today starts right now. good morning from cnn london. i m nina dos santos. and good afternoon from cnn hong kong, i m andrew stephens. welcome to world business today. the top stories this friday, october 7th. european stock markets face further turmoil as moody s down grades the credit rating of 12 british banks. and could eu measures to change carbon taxes spark a new trade war? a luxury brand is forced to slum it as commercial rents skyrocket here in hong kong. first though to the stock markets, european banking stocks have been falling in the last hour or so that the
recession fear. today the story is the health of the european banks. that s absolutely right, christine. what we re seeing is conflicting reports today in a couple of newspapers about whether the eurozone and european regulators for the banking industry will move to try to recapitalize or shore up the capital that some of the banks hold. this is on the back of on going concerns about the health of the french banks after mohamed el arian said yesterday. he said that could undermined the eurozone, pushing europe into a broader recession. today the markets seem to be rebounding after flirting with losses earlier on in today s session, christine. we should also remember that we ve had really sobering statistics and warning shots from some of the world s biggest institutions this week. let me run you through them. on a positive note, overnight we had the g-20 promising to act put forward concerted action to try to stop these losses and on going concerns about a return to reces