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Detailed text transcripts for TV channel - CNN - 20110520:08:47:00

Gap. they recently gave their growth forecasts for them. the imf forecast egypt s forecast to fall to just 1% in 2011 from a very robust 5.1% from last year. tunis tunisia s at just 1.3%. tourism ktss for 11% of its gdp. business is almost at a standstill and foreign investors say they re likely to hang onto their cash until they re confident about the security situation and political stabltd in the region. leone lakhani from marketplace middle east, abu dhabi. as egypt grapples with its funds concerns, some $4 million in the near term. our ben wedermam sat down with ....

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CNNW World Business Today May 20, 2011



tepco bows out as the world s largest energy company pays a record price. and they double on their market debut. ceo jeff weiner tells us there s no trouble in the media sector. we begin with the former imf managing director, strauss-kahn, who s expected to walk out of jail in a few hours from now, but he will not be a free man. the judge granted him bail on thursday but with strict conditions and a warning. and even as the judge was approving the bail request, grand jury indicted strauss-kahn on multiple felony charges including attempted rape. he s accused of attacking a maid last saturday at a manhattan hotel. he denies it. he has to post a $1 million in cash and a $5 million bond. he also has to agree to a 24-hour confinement and an armed guard at the door. he has to surrender his travel documents and agree to wear a monitoring device. the judge said, quote, we don t want his money. we just want to make sure that he comes back. so the top job of the imf has ....

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