i'm nina dos santos in london. >> i'm andrew stevens.east is just ahead. >>> this week on "marketplace middle east," a scandal that's rocking the international monetary fund as dominique strauss-kahn resigns and the race for the next leader pops up. >>> rebound from revolution. how both tunisia and egypt can restart their touristing industry. one of the most powerful men in finance, and this week the head of the international monetary fund appeared in court to answer charges of attempted rape and unlawful imprisonment. dominique strauss-kahn has been credited with transforming the imf and helping to promote developing economies. he was due to speak at a forum here in brussels where the arab uprising are a key talking point and how it can assist the region during ongoing unrest. leone lakhani has the story. >> reporter: that's welcome news for the middle east, particularly egypt and tunisia, the economies of the two north african countries have been struggling since their respective revolutions. they've not formally asked any lending inst

i'm andrew stevens. >> and i'm nina dos santos at cnn london. these are the top stories on tuesday, may 17th. >>> from a $3,000 a night suite to a notorious new york jail, imf boss dominique strauss-kahn is denied bail, the spotlight turns to his successor. >>> finance ministers in brussels are giving portugal cash in a crisis and turning the screws on greece. ♪ real estate was booming homes were on the rise ♪ ♪ that ain't right >>> and don't just blame the bankers for the mortgage mess. the wall street rappers hoping their lyrics will hit home. just before dawn in new york where imf chief dominique strauss-kahn will be waking up after a second night in custody. strauss-kahn is facing criminal charges including attempted rape of a maid at this new york hotel on saturday. further allegations of past sexual misconduct are emerging. including an attack on a young female. the woman at the center of the claim is apparently considering filing an official complaint. cnn is seeking comment from strauss-kahn's lawyers about these allegations. we'll bring

i'm andrew stevens. you're watching "world business today." >>> the top stories on tuesday, may 24th, under the weather, travel trouble looms as volcanic ash blows towards europe. meanwhile, investors on the continent have caught debt contagent fever. >>> the scramble in the cockpit to save the airliner. >> they don't have ability to go anywhere. they don't have ability to escape. >>> and forced into a life of slavery as part of the cnn freedom project we'll look at one of the most disturbing aspects of human trafficking, sex tourism. >>> now, the skies have been darkening over northern europe in recent days thanks to iceland's latest volcanic eruption. perhaps that's fitting given the mood in the markets. policymakers tried to conquer the debt crisis. it continues to rattle investors. wall street closed sharply on monday after markets in europe dropped 2% for a range of reasons. europe has been moving to new lows and meanwhile, greek debt yields obviously a key measure of confidence in the greek economy

i'm andrew stevens. >> and good morning from cnn london, i'm nina dos santos. these are the top stories on thursday, may 19th. >>> a defiant dominique strauss-kahn resigns as imf chief. vowing to fight sexual assault charges with all his energy and strength. >>> natural disasters, economic aftershocks, japan enters recession for a third time in a decade. as industrial output freefalls and consumers hold on to their cash. >>> and the crumbling foundations of a failed property market. we'll look at the wreckage left behind by ireland's housing crisis. >>> facing multiple charges of sexual assault in the united states, the managing director of the international monetary fund has resigned. dominique strauss-kahn tendered his resignation just a few hours ago in a letter to the imf. in it he writes i want to protect this institution which i served with honor and devotion and especially, especially, i want to devote all my strength, all my time and energy to provingmy innocence. in his statement strauss-kahn strenuously denies the allegations against him that alleged

i'm andrew stevens. japan's auto industry stalls. honda and toyota unveil the full extent of post-quake production cuts. >>> dollars for democracy. g-8 nations pledge to help egypt to foster freedom and economic growth. >>> and find out why mark zuckerberg may have dropped a killer clanger. >> first the european markets. they are performing quite well this morning. we're well into today's friday session. the last one of the week. let's look at that some indices up around the 1% mark is a number of them buoyed by gains in the banking sector this is after citigroup analysts upgraded european banking stocks to overweight, and that has helped the likes of the cac 40. that index up over 1%. and the ftse 100 is pushing towards the 1% mark as well. andrew? >>> the financial stocks have been dragging australia down this week after a downgrade. the winners, though, in this part of the world, hong kong led the way. petrochina was among the companies giving the hang seng a boost. that after the oil producer's parent company boosted its stake in

i'm andrew stevens in hong kong. >> and i'm nina dos santos in london. "world one" is next.

i'm andrew stevens in hong kong. >> and i'm nina dos santos in london.et's see where the european markets are. take a look at that. steep declines everywhere we seem and a number of indices down by in excess of half a percent. particularly for countries like greece, but it's also seemed to have spread in italy and s&p's decision to cut its outlook earlier this week. when it comes to the uk, they've released their first quarter gdp figures and it remains at up above 0.5%. that follows a contraction of half of one percent in the final quarter of andrew. >>> here in asia, nina, a down day. it's been a trending down week this week. we had a bit of a relapse -- respite, i should say, but certainly not convincing. there you see the markets generally hitting lower. the nikkei down by half of one per sechblt hang seng down. it's had a bad week, shanghai. the story of stagflation, it's a story we've been talking about. the uk economy now also is being directed to china. that's, of course, where you get lower economic growth and higher. stagflation is being seen a

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. >>> good afternoon from cnn hong kong, i'm andrew stevens. >>> and a very good morning to you from cnn london, i'm nina dos santos and this is "world business today." >>> from sink ronrow nized swim, the imf hangs out the hiring sign. >>> and a "world business today" today exclusive, the mwe have t internal e-mail. >>> another huge plume of volcanic ash shuts down iceland's air space is spreading towards the united kingdom. >>> before all that we have a sell-off going on in the markets. asian shares down heavily. we'll have those numbers in just a moment's time. let's begin with the picture in europe. one hour into the trading session so far and indeed the trading week. as you can see, we have a number of the indices down by in excess of 1%. the heaviest fall is coming from the cac 40 and the dax. this sell-off follows the downgrade of the greek debt on friday as well as standard & poors decision to cut its lookout. putting the euro zone debt issues to the forefront of investors' minds for another year in a row. let's take a look at how this is impacting the market. as you can see,

. >> i'm andrew stevens, cnn hong kong, you're watching "world business today." leaders of the world's eight gig biggest economies are gathering in deauville to discuss some of the world's most pressing issues. the sum sit scheduled to last a day and a half, wrapping up friday afternoon. the g8 is the u.s., britain, canada, russia, france, italy and japan. >> france lists a number of challenges and priorities for the g8 summit. they include the likes of these kind of issues, international peace and security issues such as strengthening partnerships with african nations and institutions. also financially supporting the arab spring or the arab awakening recently. the transition to democracy and countries like egypt and tunisia will be paramount for these countries. other charges up for discussion include the impact on economic growth, the promotion of human rights and environmentally responsible growth and innovation. the delegates will discuss nuclear safety in light, of course, of the disaster of japan's fukushima daiichi nuclear plant. >> some 12,000 police and

andrew stevens in hong kong. >> and i'm charles hobson in london." is next. -- captions by vitac -- www.vitac.com

. >> from cnn hong king, i'm andrew stevens. welcome back.e watching "world business today." >> let's see what's going on in europe with the markets 90 minutes into the trading day. the answer is not much mainly because the uk and u.s. markets are closed today for public holidays. so paris and zurich flat line at the moment. gains there by the xetra dex. energy stocks are weighing on that market following the news that the government in germany has decided that all nuclear plants in that country are to close by 2022. andrew? >> yeah. here in asia, charles, hong kong the only major market to end on a positive note. it followed those gains on wall street on friday, despite the fact there were some not particularly strong economic numbers coming out of the u.s. japanese investors today -- the nikkei down by about a fifth of 1%. the big story really, though, remaining shanghai. that's eight days in a row now the shanghai composite has fallen. not much. still the trend is firmly down. fears about the state of inflation plus the state of economic g

steven, what about israel? >> well, i think relationship has fundamentally changed. as andrew pointed out, prime minister erdogan mints political gold by taking a tougher stand on israel and not only does it help him domestically but it does raise his profile. ere is a significant amount of turkish soft power throughout the world but ultimately i think the relationship between israel and turkey has fundamentally changed. you will not go back to the kind of strategic relationship that blossomed in the mid-1990s. in the extent that t turks have sought a eateand more influential role in the arab world, necessarily their relationship with the israelis has cooled. >> the turks did not know that there was going to be a revolution in tunisia. nobody did. so we shouldn't pillory them for that. but i have to tell you in terms of being ahead of the curve strategically, the turks taking a tough tack on israel seems to be pretty foresightful because the rest of the region is clearly moving more in that direction. you see the egyptians brokering a deal between hamas and fatah. >> rose: and

. >> and here they are live roger and steven ham along with their children, michael, vanessa, elizabeth, jackson, mad an, andrewall. boy, you look terrific. and, steven -- >> thank you. >> such an inspiring story. you said you never intended to have more than one child and every single one of these kids are other s ths that that other would not adopt and you built a big family. >> we did. we did. >> and tell us, you know, how did it all happen? just take us through it. how the family continued to grow and grow and grow. >> how it turned -- >> we originally wanted one child. roger didn't want any children. i decided -- actually i twisted his arm to get one child and that's when we went through the process of adoption through the state of arizona. at that point we decided we wanted just a girl, maybe about 3 years old. we ended up with a 5-year-old right here, michael and he just happened to have five siblings and just kind of escalated interest that point. >> in some states gay cups can't even adopt children. did you face any hurdles because of that? >> yeah, there was some hurdles. it was especially with like t

ronald gamboa, andrew garcia, edmond gla krmp ier, andrew curry green of los angeles, richard gandago of humble county, stanley hall, gerald heartacre, stevenlaremont, barbara keating of palm springs, calvin keller, natalie larson of los angeles, table lee, monglovia lopez, dora, lori niara of los angeles, rubin ornada, thomas porarely, mary of santa barbara, otis tober, timothy ward of san diego, john winkess of torrence. i said then on september 12 in the name of these californians and the names of all of these other innocent victims, it is time for the terrorism to stop. thank you very much, mr. president. i yield the floor. mrs. murray: mr. president? the presiding officer: the senator from washington state. mrs. murray: thank you, mr. president. mr. president, i come to the floor today to talk about the tremendous news that our country received last night from president obama. almost 10 years ago on september 11, 2001, i too remembered looking out a window here at the nation's capitol and seeing the black smoke billowing in the air over the pentagon. on that day america was brutally attacked by terrorists who took aim at the financial,