Beijing may finally be winning its war on smog. Plenty more on those stories over the next couple of hours. Calendar today is trade numbers out of china for the month of december appeared rounding out has been a year of significant recovery when it comes to chinese exports in particular. 5643. After the declines over the past couple of years we do see two years of decline followed by that recovery. We are looking at december, a 10 year on year rise when it comes to exports coming in dollar terms. Thats a little moderation from novembers 12. 3 rise. Imports looking to pick up significantly. The brighter spots in that. Continuing to paint a picture of synchronized global recovery. Such a stronghad base to come off of in 2017 we might be struggling to hit doubledigit numbers in 2018 for exports. Certainly there is also the cloud of trade tensions between the u. S. And china lurking ever in the background. We are 30 minutes away from the opening china and hong kong. Sophie, we were thinkin
entails. dominique strauss-kahn is being questioned by french police tao now. we ll have head on allegation that is the former head of the imf participated in a prostitution ring. an exz collusive interview with an inside trade who are says dodge gee deals are note a victimless crime. now after all the riots and resignations, the mistargets and miscommunications, greece has its bailout. after 13 hours of talks, the word came greece had met numerous conditions and would receive $173 billion. that should help it default next month. it surely does not mark an end to the country s financial troubles. tt deal greece to cut the debt to 125% of grngsdp down to from a staggering level of 160%. if all goes according to plan greece can miss the debt repaymentless without the need for anymore bailouts. that s officially. reuters news agency is reporting that officials privately feel more bailouts may never be needed. otherwise it may go straight back up to 160% of gdp. under the r
the former libyan leader was buried at a secret location in the desert. a handful of supporters paid their respects. in tunisia, a moderate party has won the country s first free election. the country s once banned party has begun coalition talks, but the results have some worried that the rise of a religious party might endanger civil rights especially for women. and now officials say they ll reach out to secular political parties to form a broad-based moderate coalition. the thai government is in crisis mode as floodwaters push further into bangkok. they shut down the city s second airport on tuesday. waters ep croced onto runways making takeoffs and landings impossible. the airport s been doubling as a shelter and headquarters for flood relief operations. those are the headlines from cnn, the world s news leader. i m zain verjee, and world business today starts now. it s the day investors have been waiting for. they meet in brussels to hash out a complex plan to hash