journalist from the daily telegraph joins us from kabul with the latest. what s happening today, and could this escalate? well, it seems to have already escalated. today s protests seem to be more violent and more furious than yesterday. there are several hundred people on the eastern side of kabul trying to get into the city center. they ve burned shops. there are reports that shots have been fired in the air to try to stop them. there are also protests in the eastern city of jie lal bad, where a dr. told us that one person has been shot dead and ten wounded. so it is escalating already. ben farmer from the uk s daily telegraph. thank you. kevin rudd has resigned as australia s foreign minister. he made the announcement as a hastily convened press conference in washington. he told them he would not be involved in a, quote, stealth attack on a prime minister. there had been speculation that rudd was trying to challenge julia gillard for leadership amid reports she w
one area includes the capital, mogadishu where an estimated 100,000 people have come looking for aid. the u.n. says nearly half the country is suffering from malnutrition. egypt s ailing former president will next appear in court august 15th as his trial opened. hosni mubarak denied charges of corruption and playing role in the death of more than 800 anti-government demonstrators. the trial of his rmer interior minister is scheduled to get under way at this hour. in eastern australia, a teenage girl is safe but police don t know who strapped a fake bomb around her neck. police say 18-year-old madeline pulver went ten hours after a masked intruder came into her home in sydney. those are the headlines from cnn, the world news leader, i m monita rajpal. world business today starts right now. good morning from cnn london, i m nina dos santos. and a very good afternoon from cnn hong kong. i m andrew stevens. you re watching world business today. the top stories this
charles? okay. stan grant joining us from tokyo. many thanks to you updating us on the situation there, the operation to bring the things under control at the fukushima daiichi plant. thanks again. poly? charles, the financial fallout continues to follow the nuclear reactor problems. today the japanese yen hit the strongest level against the dollar. that was one dollar to 76.54 yen which surpassed the previous high of 79.75 in 95. it since pulled back and is right now trading at around 79.11 to one u.s. dollar. now a super strong yen is a very big issue. exporters want a weaker yen. you see it there still at 79. it has still surpassed that 80-en ma80 0 yen mark.