london. saudi gadhafi, moammar gadhafi s son and eight official libyans officials were allowed entrance on sunday. field marshall mohammed hussein was scheduled to appear on sunday but his testimony was postponed until september 24th because he says he s dealing with last week s riots. mubarak is accused of ordering protesters shot during last winter s uprising. o say can you see the u.s. continues to mark ten years since the 9/11 terrorist attacks on new york and washington. solemn ceremonies were held sunday at ground zero, the pentagon and shanksville, pennsylvania, honoring the nearly 3,000 people killed. while there were no attempted attacks on sunday, fighter jets were scrambled to escort two commercial airliners to their u.s. destinations. passengers on each flight were reported to be acting suspiciously but authorities determined they posed no threats. no arrests were made. those are the headlines from cnn, the world s business leader. i m monita rajpal. worl
maria earlier said that people are worried about the policies coming out of washington. actually i think people are really worried about the policies not coming out of washington. we this economy and every single report, everyday, including the market tanking today is really saying one thing. it is saying we need a fiscal boost. monetary policy won t get it. we know companies are sitting on trillions in cash. we know interest rates are low. what we need is a fiscal boost to help create a bridge in the private secretarier to get off the mat. that s what the economics are saying. the politics of saying exactly the opposite and it is just another one of the self inflicted dysfunctional moments. we talk about companies sitting on trillions of dollars being uncertain. look at this poll about the american people feel about congress. congress has a 14% approval rating. when you have the congress of
too much is to raise taxes on small businesses. we have to incentivize the private secretarier to grow, or we are going to see china pass us. but there s no reason we can t do that while we close this deficit and build a better future. well, you have started this group called no american debt. there are a whole lot of plans out there. there s a republican plan. there s a democratic plan. there s different versions of those plans. what do you think needs to be done, and how do you put pressure on congress to do it? you know, chris, there is no democratic plan out there. there are a couple of very sound plans. the president s own commission, the bowles-simpson commission, came up with $4 trillion in cuts. and instead of embracing it in all or part, the president just walked away from it. congressman ryan came up with a more than $6 trillion deficit reduction program. and instead of sitting down to negotiated, the president demonized it. so this is generational theft. it s really a cr
credit rating going forward, all of this coming after we had news of the stress tests for the irish banks a couple weeks ago, showing they needed tens of billions of euros in terms of that to keep themselves on the go. obviously the financial secretarier in ireland very much at the heart of the downgrades we ve seen from the likes of moody s and other credit rating services, pauline? let s take a look now, nina, at the markets in the asia-pac region and how investors reacted to the inflation and gdp numbers that came out this morning from china. asian stocks rallied early in the day on the news that the chinese economy is growing strongly at 9.7%. but it didn t take long for that high 5.4% inflation rate to spoil the mood. rapidly rising prices in china increased the likelihood of monetary policy tightening in the world s second biggest economy. overall the mood was somewhat downbeat with the key indices
been planted now for the middle east and north africa. i sat down with the strategist and economist rabini and asked him why it s important to get the timing just right. this company is on the verge of a political transformation and also an economic one. there are pressure for having political rights but also economic rights. there is strikes in the private and public secretarier that can lead to wage inflation, price inflation, sovereign debt crisis, budget deficits, financial crisis. in the case of north africa and the middle east, financial support, they ll have to move towards market. the risk of failure and backlash will be serious. would you draw parallels then to the fall of communism in that it took four to five years for the market mechanisms and the money to flow in and stabilize? it took at least four to five years. in that case, that was a result of political turmoil, fiscal