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Safety was South African family's priority

Michael and Mandy Schoeman’s first visit to the Kyabram supermarket left them staring at each other in amazement as they passed a parked car, which was still running. ....

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CNNW World Business Today October 27, 2011



good afternoon from cnn hong kong. i m andrew stevens. and good morning from london. i m felicia taylor. it was a long time coming, but european leaders filly got there. shortly before 4:00 a.m. in brussels the announcement we d all been waiting for. european leaders struck a deal on the eurozone debt crisis. here are the key points. the agreement includes a compromise with private investors. holders of greek bonds have greed take a 50% write down on the value of those assets. also the effective strength of the bailout fund will be boosted to about a trillion euros. but european banks will be told to brace for further turmoil. the banks zill to increase their capital reserves to 9% to protect themselves against potential losses following those write downs or defaults that possibly could occur further down the line. at a press conference in the early hours of the morning in brussels, the european council president emphasized the need for tighter fiscal discipline wit ....

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Detailed text transcripts for TV channel - CNN - 20110403:19:25:00

Source of money for the world. and as you said, services is a real strength of the u.s. economy. there s some challenge to that from india. which is also a source of services and is seeing their service industry, especially in i.t. and business services grow quickly. but the u.s. has ibms and services that provide incredibly advanced specialized services in finance and i.t. in all kinds of r&d work and that s a huge potential source of growth for the u.s. going forward. a potential source of employment four our viewers who are still looking and may see the need to retrain themselves. if those jobs stay here. michael good to see you as always. michael shoeman is time s asian business correspondent joining us from hong kong. between skyrocketing gas prices and the nuclear crisis in japan, lots going on about the future of energy in the united states. we ve got two people who you want to hear from on the subject. t. boone pickens and former energy secretary, bill richardson join ....

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