passengers about the harrowing ordeal "early" this wednesday morning, november 2nd, 2011. here is jeff glor at the news desk with a check of what a beautiful shot. important news for women who drink alcohol. >> we hear the different studies about the possible links and benefits of alcohol. the latest study is looking it at the study between drinking and breast cancer. the study with a hundred thousand women and found a higher risk of breast cancer who drink a certain amount. women who had as little as three drinks a week were likely develop to break cancer. we will bring you more about the study and what we know about it ahead. another day of financial turmoil around the world as president obama heads to france for an important economic meeting in europe. >> correspondent mark phillips is in nece, france, with a preview of it this morning. >> reporter: the hard talking was supposed to begin tomorrow when the world leaders gather for the g-20 summit but it's already beginning today and the reason is, as you say, greece. which decided to put the deal it's been overed ffered to bailt to a referendum. greek prime minister is due here for meetings today and they are not likely to be quiet ones. just last week, people were hoping for a new dawn in greece. instead, the question now is how long and how dark the night will be. the greek cabinet met late into that dark night and came out saying it agreed with the prime minister's plan to put the european bailout deal to the test of the national vote. even though many fear a vote will under mine the deal and could set off a domino effect financial crisis in europe and around the world. as the rioting the past few months has shown, the deal could be a tough sale. greeks are told they have to take huge cuts in jobs, pay, pensions as part of an arrangement where banks write off half the greek debt and the big european countries like germany and france provide huge sums of money. french president sarkozy admitted he had been blindsided by the greek referendum requirement and he says the european deal on the table was the only option. all of this is being held against the buildup of the g-20 conference here and the demonstrators that accompany them. they have come from around the world and with ideas including a so-called rob rin bin hood tax to tax financial transactions to address the problem. >> the occupy movement and this robin movement here, people are joining forces. they are recognizing the grow inequality and they need to take action. >> reporter: it's all high minded big stuff, but for now, it's all mired in the problem that won't go away, greece, the company with the big problem is threatening to take the big countries with it. >> mark phillips, thanks. most financial markets around the world are face ago third day of loss because of the troubles in europe. >> joining us with that is cbs news business and economics correspondent rebecca jarvis. so what are the world markets hoping to hear today from policymakers? >> there is really two key themes here. first of all, you have the entire world economy which is slowing down. that's a component of what policymakers have to address in general. just how to reignite some of the growth. the second big theme is what happens in the euro zone and perhaps with greece and also with italy, portugal and ireland and they are pressure points and we have seen the biggest amount of pressure coming from greece and we want to hear there is a viability solution on the table the greeks and the rest of the euro zone can agree to. >> stocks are dropping today because of this. let's talk big picket here. >> when you look at the bank exposure in the united states what is going on in europe it is pretty significant. the congressional research service did a back of the envelope calculation trying to say how exposed are the u.s. banks to europe and their debts. they came up with $640 billion. that's a lot of money. it is also an estimate. so i should say that it may not necessarily be that exact number but they are trying to estimate it and the important characteristic here is our banks are exposed to europe. it's the banks that got the bailout because of the housing crisis those are the same banks mostly holding the bank because of europe. >> because of that spur exposure. >> when the big banks face problems, all of a sudden, lending gets more of a struggle on top of that it's harder to get a loan from a bank and it's harder to grow your business and also harder on your 401(k). >> not that the banks are doing a lot of lending to begin with. >> there are a lot of money on the sidelines and people are apperehensive of taking out a loan in this economy. we turn to herman cain. >> one of the women accused of inappropriate conduct in 1999 says she wants to tell her store yu but she can't. cain insists there is no sexual harassment. jan crawford joins us with more. >> reporter: the supporters of cain said he is being attacked because he is a black conservative. now, it's the candidate himself who seems to be agreeing. herman cain was asked directly if he thought revelations he had been accused of sexually two women were sexually motivated. >> i believe the answer is yes but we do not have any evidence to support it. there are some people who are democrats, liberals who do not want to see me win the nomination and there could be some people on the right. >> reporter: cain has been criticized for how he initially handled the confess. when the story first broke he seemed to give conflicting answers when asked about a settlement one of the accusers. >> i'm not aware of some settlement. yes, was there some sort of settlement or termination. >> reporter: he says he wasn't change is his story. >> i thought legal settlement when i first heard the word settlement. my recollection later there was an agreement, so i made an assumption about the word settlement. it wasn't intended to be clintonian. >> reporter: now opponents are breaking the controversy including michele bachmann in the key state of iowa. >> this is the year when we can't have any surprises with our candidate. we have to have a candidate that we can know when we put them into office, we can trust them with their record of what they have done and who they are. >> reporter: and for the first time, the lawyer for one of cain's accusers is speaking out. joel bennett says his client living in maryland was credible. >> it had to have been something my client found upsetting or she wouldn't have pursued the process. i think the national restaurant association ought to waive the confidentiality positions and let the two women, if they choose to do so, come forward and tell their stories so it can get a complete public airing. >> reporter: bennett said his client might be willing to speak out. one of the questions she would face was how much was that settlement. "the new york times" is reporting this morning one of the women got $35,000, a year's salary. >> jan crawford in washington, thanks. in the meantime, on tuesday, president obama made a new pitch for his 447 billion jobs bill speaking with local tv stations in crucial swing states he needs for re-election. >> one is of our minneapolis station wco-tv and she joins us from the white house. >> reporter: during our interview president obama continued to urge congress to pass a jobs plan he had little success qeting through congress. i asked him if he would tell americans we are better off now than we were when he took over four years ago. >> we are better off now than we would have been if i hadn't taken all of the steps we took. you know, i don't think the country is stronger yet than it was when the economy was still booming and we didn't have the wall street crisis and we didn't have the housing bubble burst, but we have made steady progress, we need to make more. in the meantime, we need congress to act and why the jobs act i put forward is so important and incorporation ideas that have gotten democrat and republican support and rebuilding our roads and bridges and putting construction workers back to work and putting teachers back in the classroom, a lot of layoffs at the local level. these are the kind of things that independent economists say could create as many as 1.9 billion jobs. we can do that and still reduce our deficit. >> reporter: at what point does the economy become your fault and not your predecessors? >> we are taking every step we need to to move the economy forward and, you know, traditionally after big financial crises like this, the economy takes a longer time to heal. and we have seen some progress, you know, in the private sector, we have seen over 2 million jobs created, but it's just not enough yet to have an impact on everybody who needs help out there and my whole orientation, when i wake up every day thinking about how can i make sure middle class families and middle class who are working hard and how can they end up living out the american dream and opening up opportunity and making this economy work for everybody, not just a few at the top is our number one priority. >> reporter: when you look back now at your three years, what do you see as your highlights and proudest of and maybe the low lights? >> well, it's the thing i'm proudest of is stabilizing the economy, even though it is not where it needs to be. keep in mind when i came into office the economy had contracted by 9% and by 2010 the economy had grown by 4% so that was a huge reversal. the problem is stabilizing unemployment rate that is way too high and why we have to keep pushing to make the investments for long-term growth, improving our schools, improving our basic research, improving our infrastructure, but right now, what we have to do is put people back to work. >> reporter: the president also said much of its work is not done. he still wants to work on improving schools, research and infrastructure. but clearly jobs continue to be his number one priority. back to you, chris and erica. >> amelia santaniello, thank you. betty nguyen is over at the news desk for jeff glor who is on assignment. good morning. >> good morning to you. in london this morning, an appeals court ruled that wikileaks founder julian assange can be extra dritdited to swede. he has been under house arrest most of the year. assange says he is innocent and he may still take his appeals to britain's supreme court. the fbi says a young american soldier stationed in alaska has been charged with espionage. women melee is stationed at a joint army air force base in anchorage. the army would not say who melee is accused of spying for. four georgia men are facing charges this morning in a terror plot. the four suspects were arrest yesterday northeast of atlanta in an alleged plan to attack unnamed government officials. authorities say they are members of a militia group and are all over 65. the u.s. attorney said they planned to make risin and buy explosives. the los angeles dodgers are for sale this morning. dodgers owner frank mccourt battled with his ex-wife over the team which is now bankrupt. last night, mccourt and major league baseball agreed to have a court supervise the auction of the team. st a major study out this morning finds women who have as few as three click drinks a way have increased risk for breast cancer. >> dr. holly phillips is here with more on these findings. good morning. we have heard about we hear all kinds of different studies about alcohol, the risk versus the benefit and a possible link between drinking and breast cancer before. what is different this time around? >> what a is majorly different it's a big study and makes the results more important to us. the study looked at 100,000 women over the course of 30 years. the study found women who drank between 3 and 6 click drinks per week had increased risk of getting breast cancer of 15%. two drinks or more per day had 51% increased risk. >> this is any alcohol? >> yes. wine, beer, or alcohol. the younger you started drinking the greater your risk even if you stopped when you turned 40. >> what is the connection between alcohol and breast cancer? >> this study didn't look at it in particular but it probably has to do with the hormone estrogen that fuels most breast cancers and alcohol is thought to increase your circulating blood levels of estrogen and that may be the link. >> based on the findings, should women stop consuming alcohol altogether? it's still kind of confusing. doctors aren't sure what advice we should be giving. i will tell my patients if you don't drink, don't start. if you drink one drink a day and you're not considered in a high risk group for breast cancer you can continue to do that until the american cancer society changes their recommendations. >> that is the recommendation now is one drink? >> exactly. if you drink two or more a day, you need to cut back and where i will go with my patients until we have more information. >> the studies seem to be confusing. a lot of people would say a different study every week. red wine is good, now it's not good. alcohol aside, we will hear more of these studies the coming months and years what are other ways people can yoos their risk for breast cancer? >> still overall it seems that alcohol is a small part of our overall breast cancer risk. things that are much bigger really have to do with our life stole. we need to control our weight. being overweight especially after menopause increases your breast cancer risk. follow a healthy diet meaning plant-based and exercise. 30 minutes, five times a week is shown to make a difference. those things are much more important in fighting breast cancer. >> dr. holly phillips, thank you. ahead, we will talk to passengers on the plane that made that terrifying belly landing in poland. 231 people on board and no one got hurt and we will hear about their scary flight and then ask former secretary of state condoleezza rice on her thoughts of her former boss. 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