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And that is a source of disappointment but that said, it doesn t confirm fears of an imminent recession, does look like a slow down. I think the stock market particularly as gone ahead and a bullish scenario. The fed set to cut interest rates next week, any surprises you are expecting there? we are looking at 25 basis point cuts and also looking at the inflation which we have shown signals of and it is possible that we might have some surprises. What would a cut mean for countries like japan? it would confirm anticipation of stock markets that the fed will offer muchneeded stimulus as the economy is softening. On the whole, that is good news and i m not sure if it s going to give stock markets that much more momentum ....
welcome, everybody. our starting point is this breaking news. two american tourists have been kidnapped in dahab, egypt, in the sinai region. the kidnappers, it appears, are trying to negotiate some sort of prisoner exchange. jill daugherty joins us. what do we know? the state department is in touch with the families of these two people. names have not been given. they re 31 years old. the state department is providing counselor services and they are in touch and working very closely with egyptian authorities to try to resolve this. essentially, what happened, these two people, two americans in a car on their way to a resort at dahab. you mentioned that name. it s a former fishing village. apparently really a lovely site, place for snorkeling and diving. and so they were on their way. their car is stopped. they re yanked out of the car and taken away. it appears that the people who did that want the release the demand is for the release of an egyptian man who was ....