he travels to italy to make the transition himself. it has now been met. unesco is gaining a new member but losing $60 million. the u.s. is withdrawing its pledge after the u.n. agency accepted a palestinian bid for full member. the u.s. and israel argued that the move would harm peace talks. i m monita rajpal. world business today starts right now. captions by vitac www.vitac.com good morning from cnn lan. i m charles hodson. tuesday, the first of november. the greek bailout is now in the hands of the greek people at great risk to the euro-zone debt. mf global is forced to declare bankruptcy protection. weakness in europe and the united states spreads to china, slowing down the factories pow iring the world s second largest economy. well, a new trading day has just begun in europe. we re expecting and getting losses, but we ll have prices in a moment as soon as they re reasonable. they ve slipped for the second day in in a row following the u.s. market slid