. >> it is a great pleasure to welcome once again my good friend king abdallah. the united states and jordan have had a longstanding friendship, an extraordinary relationship with cooperation on a wide range of fronts i have valued his majesty's advice on numerous occasions, and obviously, this meeting was an opportunity for us to share our views on the extraordinary changes that are taking place throughout the middle east, throughout the region. we discussed the situation in libya and are grateful for the support of a wide range of arab countries in our efforts to make sure that humanitarian assistance and humanitarian protection occurs inside of libya. we discussed the rapid transformation that is taking place in places like egypt and tunisia and we both agreed that it is critical that not only does political performer -- political reform proceed, but economic reform companies those changes their because so much of what is taking place has to do with the aspirations of young people throughout their world for their ability to determine their own faith, to get an

. >>> and at the white house, president obama and king abdallah of jordan will meet this morning.lopments. let's check in first with stan grant in islamabad. >> reporter: senator john kerry left pakistan with a fairly bluntit is that he wants to see action and not words in trying to fix the relationship while at the same time the u.s. reportedly it talking it to the taliban. >> a week after announcing he was going to separate from his wife, maria shriver, arnold schwarzenegger has admitted he fathered a child out of wedlock. i'll have details coming up in the next hour. >> and out of new york, the man at the center of trying to fix you're ro p europe's debt crisis sits alone in a prison on riker's island. >>> sports figures coming out of the closet. >> using gay to mean dumb or stupid, not cool. >> not in my house, not anywhere. >> and you're better than that. >> and they're getting support from their colleagues. it's a topic of discussion i'll have in our next hour. >>> some people in louisiana are sticking it out despite orders to leave their homes because of imminent flooding.

. >>> president obama is welcoming jordan king abdallah to the white house. the conversation is expected to center on the arab uprising. so thursday, the president is expected to layout detailed u.s. viewpoints and a vision on events that are reshaping the middle east. >>> lawyers for imf chief dominique strauss-kahn says their client has an alibi. lunch with another person at the same time that police say he was attacking a hotel housekeeper. lawyers say his launch part they are will come forward to vouch for his whereabouts. strauss-kahn is jailed at new york's rikers island. his next court day is bring. >>> pakistan says nato troops wounded two of its soldiers today in a cross border dust up. nato will only confirm an incident they say, but according to pakistan, three nato aircraft crossed in for tack stand and the two sides shot at each other. pakistan vowed to defend its air space after that secret u.s. raid that killed osama bin laden. >>> senator john kerry says that pakistan will return the tail of a u.s. helicopter it clipped a wall during the bin l

no question king abdallah of saudi arabia's peace initiative includes all the arab countries but syria and other muslim countries around the world promising political economic security normalization. if i were prime minister i know he feels this way i would want to get it at the same time but if he got a simultaneous peace signing with all these countries that normalize relations, either side needed vote president and prime minister talked about that but those things should not be ignored given the recent developments in the arab world. >> there's an opening for an envoy if you're interested. >> i have great confidence in the secretary of state. [applause] >> i will let you get away with that. i end with this final question. you said in an interview you were talking about climate change. you said we are a race against time and circumstance. is this true as well about debt and spending and do you think the current president appreciates that? >> yes and yes. this is a lot like climate change. you know if you don't change the trends something really bad is going to happen. you just don't

trying to explore, i was recently in tunisia and morocco, i just saw tunisia finance minister just, king abdallahjordan, is that while financing is going to be important, policy is equally if not more important. this is not just a question of filling financing gaps, this is a question of how you use this moment to take advantage of in some countries what's a revolution and some countries which is a fast pace evolution to transform how policy is done. how also requires that we as institutions change. so many of you are familiar that traditionally, economist are weary of short term job creation. they are always concerned this would be throwing money at an issue. the good news is in part drawing on the work that's been done at the bank we now have good experience about ways to help create jobs in the short term to get to the medium and long term in a way that's constructive. we've done this in afghanistan, part of this depends on the structure, part of it depends on wage rate, given the fact that you have a youth bulge in these countries, trying to help them design short term job creation is one ele