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Detailed text transcripts for TV channel - CNN - 20110407:09:01:00

Bailout for portugal. lisbon s caretaker union. i m zain vergee, you re watching world one live from london ivory coast self-declared leader is still nowhere to be found as his enemies lay siege to his palace. letters and bombs, a message from libya s leaders falls on deaf ears as air strikes continue. the son of kenya s founding father is among those to face judges at the hague. but first, a last resort. portugal goes cap in hand to the eu for a bailout. that s right. in lisbon late wednesday, caretaker prime minister jose socrates finally admits his government needed financial ....

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Detailed text transcripts for TV channel - CNN - 20110407:09:34:00

Finally admitted his country needed help. it had to borrow cash that put them in a position they couldn t tolerate anymore. this wasn t rail really a surprise to financial markets. let s take a look at the currency market reaction and what s next for portugal. emily rubin is back with us. reporter: the euro barely moved after the initial announcement but the mark set slightly down. this is something of a relief, because it ends uncertainly over when portugal was going to ask for help. portugal was hoping to avoid this because of bitter memories of imf intervention in the early 1980s. the prime minister says he had no choice. translator: the situation is extremely grave for our country. i m firmly convinced having gone through every single alternative that after all the con tacks that i ve made, especially today, that the situation will get worse if nothing else is done. ....

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Detailed text transcripts for TV channel - CNN - 20110407:09:33:00

He s refused to step down. libya says a british air strike hit an oil field in the east of the country. a major pipeline was damaged in the strike on this sarir field. it comes in spite of a letter from moammar gadhafi to the u.s. president calling for the air strikes to end. the u.s. s response was just leave libya. nearly 06 bodies have been discovered in a mass grave in northern mexico. they were found in tamaulipas next to the border. the deaths are thought to be linked to drug traffickers. thousands of mexicans staged protests across the country against drug-related violence. portugal bit the bullet late wednesday and asked the european union for a bailout. the prime minister jose socrates ....

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KQEH BBC World News April 7, 2011

corporations. what can we do for you? and now, bbc world news. the last resort. portugal s government requests a european bail-out, the third country in a year to ask for emergency financial help. i always said asking for foreign aid would be the final way to go, but we have reached the moment. stand-off in ivory coast as laurent gbagbo remains holed up in his bunger in abidjan. wor of words in libya after fierce criticism from the leadership. nato will do all it can to pro secretary civilians. welcome to bbc news. coming up later for you, the online search for 1,000 children who survived the nazi hall cost. how does it feel? bob dylan plays beijing. and a communist approved settle. hello. portugal has appealed to europe for help in overcoming its mounting debt crisis. the caretaker prime minister jose socrates addressed the nation on television and said foreign help was a last resort. until now it insisted it wouldn t need the help. here is our assessme ....

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CNN World One April 7, 2011

bailout for portugal. lisbon s caretaker union. i m zain vergee, you re watching world one live from london ivory coast self-declared leader is still nowhere to be found as his enemies lay siege to his palace. letters and bombs, a message from libya s leaders falls on deaf ears as air strikes continue. the son of kenya s founding father is among those to face judges at the hague. but first, a last resort. portugal goes cap in hand to the eu for a bailout. that s right. in lisbon late wednesday, caretaker prime minister jose socrates finally admits his government needed financial help. earlier in the day, had been forced to pay painfully high rates to borrow cash. portugal follows greece and the irish republic in seeking a bailout. the move didn t come as a surprise to financial markets. shares in lisbon are rising this moment. we re not seeing extreme moves up or down in other european stock markets. take a look at the currency markets, though, the euro is ....

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