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Detailed text transcripts for TV channel - CNN - 20110524:08:08:00

Well. as for japan, a slightly different story. we do see the march 11th plunge over here because of the quake and tsunami but since then the nikkei has only been able to weave up and down this 10,000 mark over the past few months. news that the country s back in lee session, too, because of the quake and tsunami is only adding to the worries. that comes on top of today s news that the annual growth is slowing down. overall it s not been a happy picture for the asia pacific. europe does need to get its zone in order. and the u.s. has to figure out their debt problems and that will help keep asia afloat. the euro zone crisis continues to threaten some of the bigger euro economies and, of course, the u.s. looking waeshg these days. ramy inocencio, asia business editor. let s talk about the u.s. a bit more. as we mentioned a moment ago, the debt crisis ntaking center ....

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CNNW World Business Today May 24, 2011



canceled flights in scotland and northern england. mr. obama will be visiting buckingham palace where he ll spend two nights. the president left ireland for the uk ahead of schedule last night due to that cloud of volcanic ash. in the u.s., the tornado that blew through missouri has claimed 116 lives and left a trail of destruction. the u.s. national weather service says it was the most deadly tornado in more than 60 years. those are the headlines, i m zain vergee at cnn in london. world business today starts now. good morning from cnn london, i m charles hodson. and good afternoon from cnn hong kong. i m andrew stevens. you re watching world business today. the top stories on tuesday, may 24th, under the weather, travel trouble looms as volcanic ash blows towards europe. meanwhile, investors on the continent have caught debt contagent fever. the scramble in the cockpit to save the airliner. they don t have ability to go anywhere. they don t have abili ....

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