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Transcripts For CNNW World Business Today 20120321

the latest shooting was on monday when three children and a teenager were kill at a nearby jewish school. police say negotiations are still under way with the suspect in this hour s long standoff. diana magnay joins us from toulouse with the latest. this standoff has been going on for three hours now at the very least. is there a sense they re making any headway? reporter: well, we ve just heard from the mayor, actually, who s been talking to police right outside the house, just up the road from this residential neighborhood, just a few kilometers from that jewish school. the suspect, the 24-year-old man, holed up in that house is extremely stubborn and determined. he s talking to negotiators but he is by no means in negotiations with them. the man said that it is likely to go on for quite a long time. we are beginning to get more and more details about this man. we know he is 24 years old, a french national of algerian origin. he spent considerable amount of time apparentl

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