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CNNW American Morning July 25, 2011

weekend. markets around the world are falling. this will have a direct effect on your 401(k). i m ali velshi. the norway terror suspect who admits killing 93 on friday is expected to appear in court in the next hour. his lawyers says he ll explain himself. little comfort to a grieving nation trying to make sense of a massacre, on this american morning. good morning. it is monday, july 25th. this is american morning. a lot going on. let s get you right to it. glad you re back. it has been a very, very busy news time. it sure has. while you ve been gone. and they solved the debt crisis while i was away wrong. a new and powerful force is now entering the debt ceiling debate and as christine said it s the financial markets. the most important at this point. that s what it s about. the markets are down overseas in hong kong and japan, they closed down as efforts to reach an agreement in washington over the weekend failed and this morning, with just eigh ....

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CNNW CNN Newsroom July 25, 2011

we re just getting the information in. that means that the players vote will happen later today in more of a formal setting. training camp could start as early as wednesday now, we ve been told. david mattingly has been following this for us. he has been live out of atlanta every day, at least he was last week when those negotiations were taking place. david, did you just get word that something came forward just moments ago? reporter: reading and finding out now is that the nfl players and the owners did come to an agreement in the wee hours of the morning. and, bottom line, they re going to play some football. exactly what the owners were asking for last week when they came out of their meeting and had a 31-0 vote in favor of this agreement. and players still have to vote on this. it s largely looked at as a formality, that it is going to go through. and the fans will only miss, so far, one game this season. the first game of the preseason, which was going to be in ....

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CNNW CNN Newsroom July 25, 2011

live on capitol hill correspondent. you ve been following ins and o outs. i want to begin with the one offered in the last hour we heard from senate majority leader harry reid. what s in the latest plan. i was realizing this is $2.7 trillion in proposed cuts, brooke, on two sides of a piece of paper. obviously details need to be filled in what they are proposing raise it by this month, cut by this month. the cuts include $1 trillion immediately in discretionary spending. also a lot of money from war money. he s saying as afghanistan and iraq wrap up, there s about a trillion dollars in savings. that s kind of controversial, brooke, because republicans don t count that money. but bottom line, $2.7 trillion all in savings cuts. you might like all them. that s what he s saying. he has a longer term committee in here but it would just make recommendations for long-term reform, really would have a vote on that but wouldn t force those reforms to happen. so i want to look ....

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CNNW World Business Today July 25, 2011

people listed as missing and the police are using all sorts of devices to try to find them including a mini submarine, but the death toll is at least at 86 as you said. anders be anders behreng breivik will be appearing in court. he ll be pleading not guilty so he ll get a chance to explain his extremely right-winged ideologies in court. that s why a lot of people are asking that this be a closed hearing. the police, for one, has a facebook page asking that no one be admitted into the courtroom so he doesn t get this kind of platform to air his views. already 60,000 members on that. i talked to people this morning about it and they said everything has gone his way so far and this must stop. also another piece of news just to bring you now, zain, is that it has been confirmed that an off-duty policeman stationed on the island fro text the people on the island earlier on was actually the half brother of the crowned princess of norway, zain. cnn s diana magnay. thanks a ....

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