incredible pictures oust philippines. entire villages may have been wipe out by flash floods caused by a tropical storm. just look at the force of that storm. more than 400 people are confirmed dead now. hundreds more are missing. an estimated 100,000 people have been displaced. you can see them walking in the water in. according to witnesses, residents were in their beds when the deluge struck and water rose so quickly, people had to scrumble on to their roofs to keep from being swept away. cnn spoke with the philippines red cross about the disaster. here it is. this is one quick deep fix we never expected out of what is considered a storm that brought an awful lot of rain, that brought a lot of landslides caused by high t.i.d.e. tides n rivers and all of a sudden you have a flash flood that suddenly kills people in most of the villages in the area, and that is why today we have 436 people dead and over 350 people missing. let s get for perspective. from meteorologist ja
road to democracy. she spoke to reporters after holding a second round of talks with hillary clinton. the u.s. secretary of state has called myanmar s reforms a positive step. she warned they need to make more changes before the u.s. will consider restoring diplomatic relations. jipgs wi s the militarys of egypt say they won t be ready until does he or sunday. democrats and republicans say an extension of the payroll tax cut will help the economy but can t agree on how to pay for it. the senate shot down proposals brought by both parties forcing more negotiations. those are the top stories from cnn, the world s news leader, i m zain vergee and world business today starts now. happy friday and welcome to wbt i m andrew stevens in hong kong. these are the top stories. time to make a change. germany and france champion a major eu overhaul but differ on the details. it s all about jobs this friday. the big monthly nonfarm payroll number is out in a few hours from now. i
the new york stock exchange. the unemployment dropping below the 9% to 8.6 mark. how is the stock market taking it? it s taking a breather at this point. the rally has fizzled out because investors had a look at the report. they got a look at what is just behind the headlines. what it showed is that 120,000 jobs were added in november with september and october numbers revised higher by a total of 72,000. sure, the pickup in hiring. it s a good sign. but it s still not great. the country is barely creating enough jobs to keep up with population growth and 13 million people are still out of work. the reality reason is why it s fizzled out. they have done enough buying for the week. the dow is up almost 800 points just for the week, brooke. wow. that s tremendous. but also some people are saying that the numbers aren t as tremendous and i want to ask you a question. i want to pose this to one of the presidents of the south economic advisor. is it a bit of an beabboration?
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i m erin burnett. outfront, we begin with breaking news. herman cain losing key support in new hampshire one day after a georgia woman claims she had a 13-year affair with the candidate. one new hampshire state representative, william panic, conif i recalling to outfront that he is withdrawing his support for cain and switching to newt gingrich. adding the alleged affair was the final straw. and within the last hour, the presidential candidate sending a message to his supporters. and i read it in part, quote, this woman s story is completely false. i am asking for your friendship. i am also asking for your prayers and support. this is a trying time for my family, my campaign, and for me. i m looking at the letter here which concludes with, the ability to buy herman cain t-shirts and donate money. money is what this is going to come down to. cain s plea for support comes after telling staffers this morning that he is recessing his campaign. a top campaign aide told cnn tod