Welcome to Worldwide Exchange. Im kelly evans. Yes, hello, everybody. Im Louisa Bojesen. These are your headlines from around the world. President obama calls congressional leaders to the white house today in what could be the last chance to come talk before the u. S. Falls off the fiscal cliff next week. Investors are bracing for the final eurozone bond sale of the year. Italy will sell up to 6 billion later today. And the yen has been sent lower and stocks to their highest level in 21 months. This is the final Worldwide Exchange from london of the year. Louisa is here for it. I cant believe it. Its my last working day of the year, as well. Is it . Yes. Unfortunately well still be talking about the same thing were talking about now. Although i feel well be talking more debt ceiling, as well. And speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u. S. Goes over the fiscal cliff. Speaker john boehner has called the house back into s
Its own chip card program a decade ago and what company will be hit next . Dan clements, a cybersecurity expert and head of intercrawler. What do you think . Is the chip the answer . It is one of the answers. Just another hurdle that could make it harder for the bad guys to hit credit and debit cards. Melissa why is it safer than a card . It embeds the number an encrypts. It is hard for bad guys to get it out of your wallet or get the particular pin number. Melissa in this particular case would it have made a difference . In this particular case the hackers got pin numbers which are encrypted and theyre trying to descript them in the underground. In this particular case im not so sure it would make a difference. Melissa not terribly reassuring. How much more does it cost for something that may not have prevented the problem . The problem is not born by the consumer. Of course it is. It always is. They will end up getting it passed along, youre right. It is a Business Case for the card
About a possible blackout months before the super bowl. On cbs this morning. Zbles that he how hard the city of new orleans parties, even their football stadiums blackout. Captioning funded by cbs welcome to cbs this morning. We are learning new details about the end of an alabama hostage drama. Fbi agents raided an underground bunker yesterday shooting and killing the kidnaper. The captive a fiveyearold boy ethan is said to be okay. They had to move in because the kidnaper was growing desperate. Mark strassmann good morning. Reporter good morning norah and charlie. Ethan is waking up with his mother for a first time in the week but bomb technicians spent time in the bunker processing the crime scene and looking for improvised explosives. It began asended as violently as it began with a gunshot. Hes a special child. By the grace of god hes okay. Reporter ethan spent seven days underground, the prisoner of jimmy lee dykes, just the two of them inside a bunker four feet wide six feet lon
Starter the year. Susie how about in terms of ad sales. On the call, they said that google is running on firing on all cylinders, to quote them. Can google build on that momentum . Yes. I mean if you look at their positions and other major geographies, and the fact that theyre handling the transition to mobile search fairly well, it seems like theyre in pretty good shape. One thing i point out is that the cost per click, which is metric, which a lot of investors have focused on, was down again in the Fourth Quarter, but the declines have gotten better in each of the past threequarters. Down 4 if you exclude currency in the third quarter, and down 12 if you look two quarters ago. That should help them with their momentum in 2013. Susie you mentioned mobile, and is there anything more about googles mobile strategy, and have they figured out a way to really ca capitalize on google mobile searches . Mobile is helping the volume of searches theyre getting. Their average clicks were up over
Starter the year. Susie how about in terms of ad sales. On the call, they said that google is running on firing on all cylinders, to quote them. Can google build on that momentum . Yes. I mean if you look at their positions and other major geographies, and the fact that theyre handling the transition to mobile search fairly well, it seems like theyre in pretty good shape. One thing i point out is that the cost per click, which is metric, which a lot of investors have focused on, was down again in the Fourth Quarter, but the declines have gotten better in each of the past threequarters. Down 4 if you exclude currency in the third quarter, and down 12 if you look two quarters ago. That should help them with their momentum in 2013. Susie you mentioned mobile, and is there anything more about googles mobile strategy, and have they figured out a way to really ca capitalize on google mobile searches . Mobile is helping the volume of searches theyre getting. Their average clicks were up over