stock exchange and other public areas. the protest movement began two months ago on september 17th. frustrations over the financial crisis are also playing out in greece. thousands of people poured into the streets of athens to commemorate a student uprising in 1973 but it quickly turned into a demonstration against new government austerity measures. the ruling coalition plans to submit a new round of budget cuts to parliament later today. u.s. secretary of state hillary clinton will go to myanmar next month to check on pro-democracy reforms there. it will be the first visit there by a u.s. secretary of state in half a century. it comes eight months after the long ruling military junta allowed the establishment of a military government. those are the world headlines, i m monita rajpal. world business today starts right now. it s 5:00 p.m. here in hong kong. hello, i m andrew stephens. it s 9:00 in london. i m nina dos santos. welcome to world business today. let s s
pictures, and live pictures now, and he is going to be bringing in a jobs pro to tackle the crisis, and we will have that live from the white house. you are looking at the rose garden there, and we will bring it live when it happens. the president is set to nominate allan krueger to chair the council of economic advisers, and he is a professor at princeton and served as assistant treasury secretary until next year. and stewards of hurricane irene are expected to cleanout to day. it is not what many predicted, but irene did leave a severe scar. the storm took 24 lives and more than 4 million homes lost power, and $10 billion in estimates of cost. talking about hurricane irene, i want the make sure that the folks have the support they need as theys a s.e. s assess a the damages from the storm. that will continue in the days ahead. lit take time it will take time to recover from a storm of this magnitude and the effects are still being felt in the country in new england and
four hours or so. morgan stanley come out with a global note cutting its global growth forecast and saying the u.s., the world is dangerously close to recession quite frankly and naming a couple of different reasons why they think that global growth will not be as strong as they thought. among them, europe s debt problems and also mentioning what they call policy mistakes in the u.s. and also the drama about the debt ceiling. they say, overall, consumer confidence, business confidence, almost this negative feedback loop we are on the verge of people being so worried and not able to break out of that. lowering their global growth forecasts and enough to shake a shaky market which bank stocks in europe are down and real concerns about the debt crisis in europe. still even after france s aaa rating was reaffirmed. an icky situation here this morning. the dax and ftse is down and cac is down also. bracing for a big sell-off this morning. saw new data from the united states. joble
treed. jacob zuma will try to convince moammar gadhafi of peace talks. his rival and another fifa executive have been temporarily a coalition commander has offered his sincerest apologies for an air strike on saturday that he says killed nine people in afghanistan. and earlier toll according to afghan and nato forces was 14. hamid karzai condemned the strike. those are the headlines. world business today starts right now. good morning from cnn london. good afternoon from cnn hong kong. you re watching world business today. here are our top stories for this monday, may 30th. fifa boss is cleared and ready to run for re-election unopposed after two other executive members were suspended for alleged bribery. the euro remains under pressure as greece s bailout plan falters. it s a dream job for the man in the driving seat, a ferrari. we ll take you to the luxury car maker s italian hq. let s check on european stock markets. they ve been open now for about an
critical condition. the confirmed death toll in sunday s disaster now stands at 118. but authorities say more than ten times that many still are unaccounted for. joplin s head of emergency management says people scattered and simply can t get home or maybe no longer have homes and haven t yet called in. but then there s will norton, blown out of his hummer on his way home from high school graduation. his family thinks thinks he s in a hospital somewhere. and sky lar logs don, a 1-year-old. his great uncle spoke to cnn this morning. the night of the tornado that evening. and they had him in the hallway in the house, and they all got covered in the hallway in the house and when the tornado hit, they lost track of him and we haven t seen him since. was skylar s mother holding on to him? yes, she was. and she lost him in the aftermath amidst all of this. and it s just terrible. and no one has seen him since. the rest of the family is doing okay. we ve just got to find h