police shot the insurgents. officials have recovered the bodies of the three remaining victims of the explosion in a kansas grain elevator. three others were also killed. the price of peanut butter is going up, some brands as much as 40%. the hot, dry summer devastated the peanut crop. a baby girl born this morning in the phillipines is being called the 7 billionth person in the world. it s almost impossible to pinpoint the exact 7 billionth person. the united nations chose today to mark the occasion. herman cain and mitt romney are in a statistical dead heat at 23% and 22% respectively, yet the des moines register reports romney has visited the state just three times this year, and herman cain only once since the straw poll where he placed
strike. thousands of public employees say they ll walk off their jobs this week as parliament prepares to vote on yet another round of austerity measures. wrnss in yemen s capital say government troops killed at least five people when they opened fire on pro democracy demonstrators. sunday s violence left eight dead and more than 50 wounded. the surge in violence is blamed on al qaeda and the muslim brotherhood. a revolutionary forces commander was killed in sirte in the front line on sunday. many fear the anti-gadhafi fighters are losing the earlier momentum in the battle for moammar gadhafi s birthplace. those are the headlines from cnn, i m zain verjee. world business today starts right now. good morning from cnn london. i m charles hodgson. this is world business today. the top stories on monday, october 17th. stocks rise as investors pin their hopes on a solution to europe s dead woes. a crisis of olympic proportions, how the 2004 athens games put greece on the
bankruptcy. they did this wednesday. and moms, be prepared to shell out more for peanut butter soon. another hot, dry summer in key producing states has shrunk the u.s. peanut crop this year. and here you go the bronze buttocks from the statue of the saddam hussein toppled in baghdad after the u.s.-led invasion will be auctioned off in england. the former english soldier who grabbed it at the time, hopes saddam s rear end will sell for as much as $15,000. just bizarre there, don t know what to tell. coming up, the cardinals peck away at milwaukee, hockey s flyers remain undefeated and the columbus blue jackets can t catch a break. and the play at the plate last night. this one was make or break for both teams in the alcs. you re watching first look on msnbc. if shopping for insurance were like shopping for diapers,
we ve seen another hot and dry summer and it s devastated this year s peanut crop, sending prices skyrocketing. for example, wholesale prices for big-selling jiff going up 30% starting in november. peter pan will raise prices as much as 24%, and skippy wouldn t comment on its plans, but some report that all brands are 30% to 35% higher than a year ago. what really hurts here, chris, is that while prices of food consumed at home, in general, broadly are up about 6% versus a year ago, the increase that we re seeing in peanut butter is just so much more. i eat peanut butter every single day. you don t believe me, do you, don? peanut butter and banana sandwich for breakfast, but ooh. no? let s talk about facebook, a couple new developments, finally an app for the ipad. and if you re a user, you may know facebook s website was not really built for a touch-screen device and navigating facebook on an ipad has been rather
yields down 20% and same thing with peanut crop. what will it mean for people at home? intermediate term lower price for beef as heads get liquidated. higher prices for corn. higher prices for cotton. higher prices for peanuts. there might be a shortage of peanut butter on the shelves next year. what ill will it take to end it? tropical weather and a lot of it. not just tropical storm don going into southern part of texas. the state climatologist at university of george gauge, here is georgia told me what we need. we need like 2004 and 2005 when we had storm after storm after storm. one storm will bring some temporary relief. it will be widespread. but one storm will not solve the problem. reporter: yeah it is not going to solve the problem. one meteorologist is saying these drought conditions could persist all the way through next summer.